Aberdeen-based Subsea International has agreed an equipment funding arrangement with Ashwood Partnerships to enable its customers to access financial support for purchasing equipment. Subsea International is an equipment sourcing and technical support hub operating in oil and gas, offshore renewable
Subsea World News has put together a recap of the most interesting articles from the previous week (October 17 – October 23). Technip’s wholly-owned subsidiary, Technip Umbilicals, has repotedly entered into a period of collective consultation with its workforce over proposed redundancies for its Ne
Dredging Today brings you an overview of the most popular stories from the past week (October 17-23, 2016). Royal IHC Adjusts Its Business Strategy As a direct consequence of persistently poor market conditions, Royal IHC, supplier of maritime equipment, is fine-tuning its strategy. PHOTO NEWS:
The video above shows summer 2016 subsea pipeline installation campaign on the Maria field, Wintershall’s flagship development in Norway. Maria field is located in the Haltenbanken area of the southern Norwegian Sea, some 200 kilometers from the mainland. The innovative field solution involves conne
IKM has completed and delivered Zeepipe IIA retrofit hot tap tee (RHTT) to Statoil. The final inspection with Statoil took place last Friday, and the delivery was signed and approved by the Norwegian oil and gas giant two weeks ahead of schedule. IKM Ocean Design announced the engineering, procureme
Oilfield services major Schlumberger has posted third-quarter 2016 profit of $176 million, or 13 cents per diluted share, versus $989 million, or 78 cents per diluted share same time last year. The company’s revenue fell 17 percent year-on-year to $7.16 billion, from $9 billion in the corresponding
Waterking BV, a Dutch company involved in the production of amphibious excavators, has presented a complete new multi purpose machine, equipped with Damen dredge pump. Earlier this month, this Waterking Multi Dredger completed its first successful test for a customer from Hungary. The machine has an
Ellicott Dredge Technologies (EDT) has announced that the City of Boise, Idaho chose it to design a Mud Cat 40E Custom (MC-40EC) dredger for the city’s innovative Dixie Drain Phosphorous Offset Project. Boise will use the MC-40EC dredger to remove phosphorous from the Boise Watershed. The custom fea
The Norwegian CLIMIT Programme and Australian Department of Industry, Innovation and Science have awarded DNV GL and Energy Pipelines CRC (EPCRC) just over NOK 40 million for a test programme for CO2 pipelines involving large scale testing at DNV GL’s Spadeadam test site in the UK. Pipelines are the
Hydraulic systems specialist Hycom has finalized construction work on its latest overseas equipment order placed by Jurong Shipyard, Singapore, for Heerema’s semi-submersible crane vessel (SSCV) Sleipnir. The company said on Friday that the order entailed a Hydraulic Power Unit (HPU) and control sys
Subsea IMR provider, N-Sea, and BODAC UXO have agreed to jointly market and execute marine UXO survey, identification and removal projects across Belgium, the Netherlands, Germany and Scandinavia. In doing so, the two companies believe they will have the capability to offer developers, contractors a
Offshore services player Helix Energy Solutions has posted improved results in the third quarter of 2016, backed by its well intervention division. Despite revenue drop of close to 12 percent year-over-year, the Houston-based well intervention and robotics specialist generated net income of $11.5 mi
Dragflow, an Italian manufacturer of heavy duty pumps and complete dredging equipment, has supplied a remote controlled dredger to a company in Germany, for tailing ponds cleaning. The request from the coal open mine (RWE) was to have a machine capable of dredging sediments from 3 ponds where all th
Newly established MacArtney Canada office has delivered EMO multiplexer systems designed to offer up to 2000 watts of DC power distribution. Unique System LLC (USA), a Unique Maritime Group company, which specialises in the supply of equipment for sale and rental to the diving and offshore industrie
