Saab Seaeye has secured seven orders in seven weeks for its Falcon remotely operated vehicle (ROV) in several sectors including oil & gas, renewables, scientific, security, hydro and aquaculture. Its success comes from a design measuring 1 x 0.5 x 0.6 meters that has the power to undertake many task
European Investment Bank (EIB) announced investment up to EUR 10 million in AW-Energy, a start-up company from Finland which developed WaveRoller wave energy technology. This is the first project to be supported by the InnovFin Energy Demonstration Project (EDP) programme. EU commissioner for resear
Barge Master, a Dutch motion compensation systems developer, said on Thursday that it is the first company to receive approval from DNV GL for a gangway system. Under DNV GL’s Standard for Certification, the system is also approved as a lifting appliance. Rob Das, Service Responsible at DNV GL – Mar
Rotech Subsea has completed a management buyout (MBO) in a move that should see the company strengthen its position in subsea mass flow excavation. Following the MBO, the group’s three operating companies, Rotech Subsea, Rotech Engineering and Rotech Fabrication, will be headed up by continuing dire
A heavy lift and transportation vessel was recently attacked in Conakry anchorage, Guinea. According to a report by the International Maritime Bureau’s Piracy Reporting Centre dated July 3, 2016, six robbers in a boat armed with machine guns and knives boarded an anchored heavy lift vessel. The repo
National Oilwell Varco and GE Oil & Gas announced on Thursday the execution of an agreement to collaborate on delivering integrated solutions for Floating Production Storage and Offloading (FPSO) vessels. The agreement brings together the complementary product offerings and engineering capabilities
Keppel Offshore & Marine has secured a contract to carry out upgrading work to the pipelay vessel, Castorone, for Saipem Offshore Norway (Saipem). Keppel Shipyard previously undertook the completion and integration works for the newbuild Castorone in 2011. Keppel Shipyard’s job scope includes the re
Rotech Subsea has successfully completed an MBO (management buy-out) of the Rotech group of companies in a move that will see the company strengthen its position in subsea mass-flow excavation business. Following the MBO, the group’s three operating companies – Rotech Subsea, Rotech Engineering, and
Subsea Technology & Rentals Ltd. (STR) has entered into a partnership agreement with Aberdeen based Subsea Tooling Services (STS) to hire, service and support their high performance range of subsea dredging systems. The Predator and Gremlin range of dredgers will become the latest offering from STR
Following the introduction at the beginning of this year Kongsberg informed that its Clariscan domed scanning sonar is now available. Clariscan combines wide bandwidth composite transducer technology, developed by Kongsberg Maritime’s Canadian subsidiary Kongsberg Mesotech, with a patented acoustic
Italian oilfield contractor Saipem has won new contracts worth more than 1.5 billion euros, or 1.66 billion in U.S. dollars. The contracts, for offshore engineering and construction services, include work on the development of the supergiant gas discovery Zohr in Egypt. Namely, the company has been
FMC Technologies recently hosted the official opening of its subsea services support center in Onne, Port Harcourt, Nigeria. The subsea services support center should ensure full life-of-field support for customers’ offshore developments. The facility features a warehouse, two test pits, office area
DeepWell, the Norwegian well intervention company, has secured a long-term contract for provision of mechanical wireline services to Statoil. The contract value for the firm period, including options for add-on services, is estimated to exceed NOK 1 billion over a four-year period, or more than NOK
The ‘Pietro Venuti’ submarine was delivered from Fincantieri’s shipyard of Muggiano (La Spezia). It is the third in a series of four sister units of the U212A Todaro class, which the Central Unit for Naval Armament – NAVARM has ordered from Fincantieri for the Italian Navy. Venuti has a surface disp