James Fisher and Sons’ joint venture company, Wuhu Divex Diving Systems, has been awarded a contract by Shanghai Salvage to supply a mobile, 12 man saturation diving system. The system is due for delivery in the second half of 2018. Mobile systems can be deployed on several vessels in the Shanghai S
Interventek Subsea Engineering has signed a two year deal with Professional Rental Tools (PRT) to supply its in-riser ‘Revolution’ valve for well intervention operations in the Gulf of Mexico. Interventek’s Revolution shear and seal valve will be used to enhance PRT’s existing subsea systems offerin
Dril-Quip has generated net income of $1.3 million, or $0.03 per diluted share, for the three months ended December 31, 2016, versus net income of $48.4 million, or $1.28 per diluted share, for the fourth quarter of 2015. Total revenues were $106.1 million during the quarter ended December 31, 2016
After ten years and more than 100,000 operating hours dredging up silt, sand, rocks and stones, the Thordon Composite bearing installed on the Al Mirfa’s dredge cutter head shaft has emerged unscathed. The information was reveled by the Thordon Bearings’ Dubai-based distributor, Ocean Power Internat
Forum Energy Technologies has delivered a remotely operated vehicle (ROV) to ESEA Submarine to perform a variety of offshore roles, including inspection, survey and salvage work. The Sub-Atlantic Mojave will also be used by ESEA Submarine’s sister company, ESEA Marine. In addition, the Mojave will p
Oslo-listed Oceanteam has booked net loss of some $3 million for the forth quarter of 2016. This result compares with $11.1 million loss in the corresponding period in 2015. The Norwegian-Dutch offshore service provider generated $11.2 million in operating revenues, up approximately 3% compared to $
Airborne Oil & Gas has been awarded a qualification program from Shell for a high-pressure, deepwater thermoplastic composite pipe (TCP) jumper spool. Its first application is anticipated in the Gulf of Mexico region. Tom Moroney, Shell’s vice president Deepwater & Wells Technology said: “Airborne O
AVIC Shipyard from Weihai, China, has launched new multipurpose vessel Adhémar de Saint-Venant for Jan De Nul Group. The sister vessel, Daniel Bernoulli, will be launched in March 2017, Jan De Nul said in its latest announcement. “To perform a variety of functions, different mission equipment is ava
Oil major Shell has awarded a contract to Airborne Oil & Gas for deepwater subsea thermoplastic composite pipe (TCP) jumper spool qualification. Airborne Oil & Gas, the world’s first manufacturer of TCP, said on Monday that it would complete a qualification program for high-pressure, deepwater TCP j
Vestdavit has supplied davit system for PGS’ Ramform Hyperion seismic vessel, currently on sea trials offshore Japan. Ramform Hyperion is the last of four identical ships built for PGS by Mitsubishi Heavy Industries. Vestdavit provided dual point boat handling solution to lift and lower tender boats
Dredging Today brings you an overview of the most popular stories from the past week (February 20-26, 2017). Royal IHC Hands Over Hopper Dredger DASA I Royal IHC has completed delivery of the trailing suction hopper dredger DASA I to Dragados Argentinos DASA S.A. of Buenos Aires, Argentina. New
Norwegian seabed seismic services player, Magseis, has bounced back in black at the end of the fourth quarter 2016 with its quarterly revenues at all-time high. The Oslo-listed company has seen its revenues up to USD 20 million from USD 5.5 million same time last year. The Q4 2016 revenues is a resu
Siemens has been awarded a contract worth approximately EUR 315 million from ElecLink, a subsidiary of Groupe Eurotunnel, to supply a link between the French and British power grids. The ‘ElecLink’ high-voltage direct-current (HVDC) link will enhance power supply in both countries. Siemens will supp
One of Eddy Pump Corporation senior engineers, Phillip Rhyner has made it to the semifinals of the Shell Ocean Discovery XPRIZE competition. This is a major accomplishment in a worldwide competition for the 7 million dollar prize, reported Eddy Pump Corp. Phill heads up the Orca Robotics team, at th
