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Polarcus Scores More Work
Equipment

Polarcus Scores More Work

Polarcus has finalized a contract for 3D marine seismic acquisition in Australia, and secured a 30-day extension to the West African campaign. The Australia program should deliver broadband data-set utilizing one of the Polarcus X-bow vessels. The project is due to start in Q3 2017 and will run for

about 9 years ago
TGS Gets $10 Million Tax Penalty
Equipment

TGS Gets $10 Million Tax Penalty

Økokrim, the Norwegian National Authority for Investigation and Prosecution of Economic and Environmental Crime, has issued a corporate fine of NOK 85 million (some USD 10 million) against geophysical contractor TGS. According to TGS, the fine is based on alleged violations of the Tax Assessment Act

about 9 years ago
AGR Bags New Wintershall Contract
Equipment

AGR Bags New Wintershall Contract

Wintershall Norway has awarded AGR a contract for a feasibility study in the Barents Sea. The contract will see AGR monitor and identify the optimum design, drilling and testing techniques required to carry out efficient exploration activity. The study will also include the evaluation of emergency p

about 9 years ago
Angola Cables Picks Ciena for Monet Submarine Cable
Equipment

Angola Cables Picks Ciena for Monet Submarine Cable

Angola Cables has selected Ciena’s GeoMesh and Blue Planet solutions to support its new service launch on the MONET subsea cable. This 10,556 km route will provide more than 25 Tb/s of traffic on Angola Cables’ network between the U.S. and Latin America’s business hub of São Paulo, Brazil. Angola Ca

about 9 years ago
Seaproof Solutions’ Cable Protection for TWB-II Wind Farm
Equipment

Seaproof Solutions’ Cable Protection for TWB-II Wind Farm

Seaproof Solutions has received a contract to supply its ‘Long cable protection systems (CPS)’ for the Trianel Windpark Borkum Phase II (TWB-II) offshore wind farm. The contract was awarded by Siem Offshore Contractors and covers the design and supply of cable protection systems for the inner array

about 9 years ago
Prysmian Sets Up Wikinger Inter-Array Cables
Equipment

Prysmian Sets Up Wikinger Inter-Array Cables

Italian subsea cable specialist Prysmian said it has completed the laying phase for the Wikinger offshore wind farm ahead of schedule. Termination and testing works are currently in progress. “This milestone, which is quite uncommon in the offshore wind market, highlights the Group’s capabilities in

about 9 years ago
Proserv Introduces New Subsea Sampling Solution
Equipment

Proserv Introduces New Subsea Sampling Solution

Proserv has launched a new subsea sampling cylinder that can improve the quality of results and reduce risks associated with sample transfer. The Proserv subsea sampling cylinder (SSC) accurately captures well properties throughout the lifetime of a field, the company explained. Subsea cylinders all

about 9 years ago
Siem Offshore Contractors Hires NSW for Trianel Windpark Borkum II Cables
Equipment

Siem Offshore Contractors Hires NSW for Trianel Windpark Borkum II Cables

Norddeutsche Seekabelwerke (NSW) has been awarded a contract by Siem Offshore Contractors (SOC) for planning, producing and delivering of the inner-array cable for the Trianel Windpark Borkum (Phase II). The contract between NSW and SOC was signed in Leer, Germany in January this year. The order inc

about 9 years ago
Plexus Nets New Order from Nexen
Equipment

Plexus Nets New Order from Nexen

Plexus Holdings has been awarded a well order from Nexen Petroleum UK (Nexen) for the Glengorm exploration well in the Central North Sea. Under the terms of the contract, Plexus will supply Nexen with its POS-GRIP wellhead and Tersus mudline equipment. Nexen has selected Plexus’ high pressure/high t

about 9 years ago
Subsea 7 Books $418 Million Profit in 2016
Equipment

Subsea 7 Books $418 Million Profit in 2016

Oslo-listed Subsea 7 has substantially narrowed its loss, compared to the prior-year quarter, and bounced back in black on an annual basis, after implementation of cost reduction measures in order to adjust to current offshore oil & gas market. To remind, Subsea 7 has since the start of 2014 reduced

about 9 years ago
L&T Hydrocarbon Engineering Strikes Shell EPCM Deal
Equipment

L&T Hydrocarbon Engineering Strikes Shell EPCM Deal

L&T Hydrocarbon Engineering (LTHE), a wholly-owned subsidiary of Larsen & Toubro (L&T), has signed an enterprise framework agreement (EFA) for providing engineering, procurement and construction management (EPCM) services for Shell projects in the Middle East, South East Asia and India. The EFA is f

about 9 years ago
Plexus scores Central North Sea deal with Nexen
Equipment

Plexus scores Central North Sea deal with Nexen

Oil and gas services firm Plexus Holdings has been awarded a well order from a new customer, Nexen Petroleum U.K., for the Glengorm exploration well in the Central North Sea. Plexus said on Thursday that the deal with Nexen, a wholly-owned subsidiary of China’s producer of offshore crude o&g CNOOC,

about 9 years ago
ABB Wraps Up Sale of Cable Business to NKT
Equipment

ABB Wraps Up Sale of Cable Business to NKT

ABB has completed the divestment of its high-voltage cables and cable accessories businesses to NKT Cables. The divestment was announced in September 2016. As part of the strategic partnership, ABB and NKT Cables will work together on future project opportunities and R&D. “We are pleased to close th

about 9 years ago
M² Subsea Names New CFO
Equipment

M² Subsea Names New CFO

M² Subsea has appointed Stuart Bannerman as the company’s new chief financial officer. Bannerman brings more than 30 years of executive management experience to the recently established subsea company. In his previous role as chief operating officer for BW Offshore. Previous to this, he held the chi

about 9 years ago
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