Norwegian offshore vessel owner Siem Offshore saw an improvement in the North Sea spot market for Offshore Support Vessels towards the end of the second quarter of 2016. The growth was particularly felt in the anchor handling tug and supply vessel rate levels, Siem Offshore, which runs a fleet of 46
Schmidt Ocean Institute (SOI) has completed sea trials of its remotely operated vehicle (ROV) SuBastian, conducted off the island of Guam in the western Pacific. This is the first submersible vehicle that SOI has designed and built. The 25-day testing, from aboard SOI’s oceanographic research vessel
Siem Offshore has managed to shrink its quarterly loss, despite weaker revenue, as fleet write-downs were much lower compared to same time last year, and a bargain purchase gain boosted the company’s bottom line in the second quarter of 2016. The Oslo-listed company recognised net loss of $7.9 milli
gridComm has provided technology that enables Ocean Networks Canada to monitor and read ocean floor sensors placed 3,000 meters under sea level and 25 kilometers apart. Ocean Networks Canada has been monitoring deep ocean and coastal environments for ten years. One of the objectives of this project
The Netherlands-based Auxilium Offshore said it has taken a next step in the development of its organisation, bringing an extra scope on the projects and work the organisation does. “As we decided that we wanted to bring more focus on cost-effective offshore operations we immediately created the opp
Norway’s Statoil informed that Fram C East has started production to the Troll C platform. Fram C East is a long production well drilled from the existing Fram subsea template tied back to Troll C. Gas will be transported to Kollsnes via Troll A, whereas oil will be piped to Mongstad for further pro
CIE Well Control has gone into administration resulting in loss of 21 jobs. The Aberdeen-based subsea and surface engineering company has appointed KPMG UK restructuring head Blair Nimmo and Scottish restructuring director Geoff Jacobs as joint administrators. CIE shares the same fate with several o
Huisman, a specialist in lifting, drilling and subsea solutions, has secured new crane contracts with a total value of around 300 million Euro from various offshore, shipping and wind farm installation contractors. Namely, 2 x 900mt Heavy Lift Mast Cranes for BigLift Shipping; 1 x 1,600mt Leg Encirc
ACE Winches, has recently been awarded a spooling contract with Vard Group for Norway’s largest construction vessel. The scope of work includes the spooling of two 3,500 metre ROV umbilicals, the spooling of a crane boom wire and aux wire, including 3,900 metres of 135mm wire on to the vessel’s cran
Sparrows Offshore Services and SapuraKencana Technology, a wholly-owned subsidiary of SapuraKencana Petroleum have formed a partnership. The partnership will see both entities collaborating in the provision of offshore and onshore crane services including manufacturing, supply, operations, maintenan
SeaTerra has completed investigation of 278 objects and removal of 8 ordnance targets from the DolWin3 cable route. Commissioned by the transmission system operator TenneT, SeaTerra examined and cleared in recent weeks and months numerous metal objects from the future DolWin3 cable route between Emd
Swedish provider of subsea technology, DeepTech, has been appointed as C-Tecnics’ new distributor for its range of subsea camera, lights, lasers and divers communications systems. DeepTech has invested in stock of video control systems and cameras that are suitable for inland, offshore divers and th
The UK Maritime and Coastguard agency on Tuesday afternoon said that the refloating of the grounded Transocean Winner was a success and that the rig was under tow to safer waters. As previously reported the semi-submersible drilling rig had run aground in bad weather on the Isle of Lewis earlier in
A team of scientists and engineers from the National Oceanography Centre (NOC) and Newcastle University (NU) have developed a novel technique to measure sea surface height directly using global navigation satellite system (GNSS) technology in combination with a marine surface autonomous vehicle (SAV
