Norwegian multi-client seismic data specialist, Spectrum, has reported a loss of $3.7 million in the first quarter of 2017 compared to a loss of $7.9 million in the first quarter of 2016. The Oslo-listed company recorded net operating revenues of $25.3 million in the Q1 compared to $18.2 million in
Dutch Vryhof Anchors has launched a new anchor, the STEVSHARK REX. Leopoldo Bello, managing director of Vryhof Anchors said: “The STEVSHARK REX is intended for anchoring under challenging and hard ground conditions, anywhere in the world.” The main goal of developing the STEVSHARK REX was to expand
Dril-Quip has reported net income of $94 thousand, or $0.00 per diluted share, for the three months ended March 31, 2017, versus net income of $36.8 million, or $0.97 per diluted share, for the first quarter of 2016. The first quarter 2017 results were negatively impacted by after-tax severance paym
MacArtney Germany (MBT) has secured an order to supply SubConn connectors and straps to Nautilus Marine Service GmbH, Germany. The SubConn connectors will be used for deep sea floatation and instrument housings for deep ocean research, the company said. The scope of supply comprises 2,000 LPBH5M and
Dresser-Rand, a part of Siemens’ Power and Gas Division, has received an order from BP for the provision of rotating equipment for the Mad Dog 2 project in the deepwater Gulf of Mexico. Siemens said that the scope of supply comprises two DATUM compressor trains driven by Siemens electric motors for
A team at Canadian nanotechnology accelerator Ingenuity Lab has developed a piece of technology to aid in the cleanup of oil spills. The device consists of a carbon nanotube mesh, supplemented with minerals and polymers that cause it to act as a sponge, drawing in and retaining oil. What really diff
Guinard Energies has demonstrated its Poseide tidal turbine in real-sea conditions off the coast of Brittany in France. The demonstration took place as part of the marine renewable energy forum, taking place at the Port of Navalo, from April 15 until June 3, 2017. Guinard Energies’ Poseide system, c
Ingenuity Lab, a University of Alberta-based nanotechnology accelerator, has received $1.7 million in project funding for the research and development of an effective alternative for recovering heavy oil spilled in marine environments. Ingenuity has developed a piece of technology to aid in the clea
Subsea testing company C-Kore Systems has verified the installation of three new umbilicals in the North Sea for an unnamed oil company. According to C-Kore, the field where the test was conducted is one of the biggest subsea projects being developed in the UK sector of the North Sea. C-Kore said th
Jan De Nul’s new multipurpose vessel Daniel Bernoulli, the sister vessel of the Adhémar de Saint-Venant, was launched in the AVIC Shipyard in China today. The company said in its announcement that these vessels will be able to perform a variety of functions: different mission equipment is available
BP said it has identified more than 200 million barrels of additional resources at its Atlantis field in the deepwater Gulf of Mexico by using the so-called Full Waveform Inversion (FWI) seismic imaging technology. Geophysicists at BP’s Subsurface Technical Center have enhanced the clarity of images
Autonomous vessel technology developer ASV Global informed that Larry Karl has joined the company’s USA team as vice president / general manager. He will be responsible for ASV Global’s engineering, sales, and operations efforts in North America. Karl joins ASV Global from Oceaneering’s Advanced Tec
Flintstone Technology has developed a new subsea tensioned mooring system that will officially launch at OTC on May 01. The new system provides simple connection and disconnection, along with the ability to tension at the seabed or mid-line. Flintstone, which was recently majority acquired by MacGre
The cutter suction dredger (CSD) Artemy Volynsky arrived at the Volga-Caspian Maritime Shipping Channel dredging site earlier this week, FSUE Rosmorport said in its latest announcement. The vessel will be involved in the dredging operations on the 143-144km section of the waterway. Since the beginni
