ABS, a provider of classification services to the global marine and offshore industries, has announced an expansion of its captive delivery center in Pune, India. The company explained on Monday that the expansion was due to demand growth for the ABS Nautical Systems Software that spurred hiring. AB
German navy research institute, WehrTechnische Dienststelle, WTD 71, has taken delivery of MacArtney Focus 2 ROTV system. WTD 71, with the main task of developing new underwater technologies for the German navy, will use Focus 2 ROTV as a tool for their research efforts. The system is supplied with
Installation of cables for America’s first offshore wind farm, the Block Island Wind Farm, has been completed, Deepwater Wind informed. The Big Max cable lay vessel, under a contract with LS Cable and its subcontractor Durocher Marine, finalized the installation of all cables, including the four int
Equinix’s international business exchange (IBX) data centres in Melbourne (ME1), Sydney (SY1), Singapore (SG3) and Jakarta (JK1) have been selected by Trident Subsea Cable for the cable’s points-of-presence (PoPs) in the Asia-Pacific region. Trident will be the first submarine cable to establish a P
Baker Hughes has recognized significantly wider quarterly net loss compared to the second quarter 2015 results as the industry slowdown drove its revenue down by close to 40 percent. The oilfield services company posted net loss for the second quarter of $911 million, or $2.08 per diluted share (inc
Damen Shipyards Group has announced its latest concept design, the Damen Decommissioning Series. The vessel will specialize in three core areas of the oil and gas decommissioning sector: topside decommissioning, offshore platform removal, and subsea cleaning and removal. The design is based on in-ho
SapuraKencana Petroleum Berhad (SapuraKencana) has secured RM 510 million (approx. USD 126 million) contract for the Trans Anatolian Natural Gas Pipeline (TANAP) from TANAP Doğalgaz İletim A.S. The contract is for the engineering, procurement, construction and installation (EPCI) of offshore pipelin
Oslo-listed Subsea 7 has lifted its profit in the second quarter ended June 30, 2016, on nearly-halved restructuring costs, foreign currency gains and more favorable tax rate compared to the prior-year quarter. The subsea engineering and construction specialist generated net income of $136 million,
Saipem has been awarded two new E&C contracts for onshore and offshore work in Indonesia on the Tangguh LNG expansion project. The contracts were awarded by BP Berau Ltd., as operator of the Tangguh LNG project. The first award is for the engineering, procurement, construction and installation of of
The University of Aberdeen is offering three new scholarships to students studying towards its masters in subsea engineering, thanks to contributions from two energy multinationals and a leading industry body. The scholarships, which are available to UK and EU students, are being funded through cont
McDermott reported better-than-expected second-quarter and half-year 2016 earnings results, despite revenue drop and vessel-related impairment charges. The Houston-based company posted quarterly net income of $20.7 million, or $0.07 per fully diluted share, compared to net income of $11.5 million, o
McDermott and Nakilat-Keppel Offshore Marine (N-KOM), have signed a memorandum of understanding for an exclusive cooperation agreement to pursue offshore engineering, procurement, construction and installation (EPCI) projects within Qatari waters. Under the five-year agreement, McDermott and N-KOM,
Focal Technologies, a Moog company, has been awarded the contract to supply Scotrenewables Tidal Power with a 6.6 kV electrical slip ring for their new tidal turbine. Scotrenewables Tidal Power recently launched the 2 MW SR2000 turbine. The 550 tonne machine underwent preliminary tow trials in Belfa
Fluenta, a UK-based ultrasonic measurement and management technology specialist, has signed a framework agreement with Norway’s oil major, Statoil. Fluenta said on Wednesday that the signed agreement entails supplying Statoil with ultrasonic flare gas meters. The company also said that it will strea
