The Italian oil services company Saipem has subscribed a new credit facility for up to €554 million which will be used for the financing or refinancing of the company’s purchases of equipment and services from Norwegian exporters. The credit facility is supported by Garantiinstituttet for Eksportkre
Norwegian ocean bottom seismic specialist, Magseis, has appointed Dr. Idar Horstad as the company’s new chief executive officer (CEO). He will succeed co-founder and CEO Ivar Gimse within October 2016. Gimse has served as CEO since the start in 2009. He will take on the position as SVP Business Deve
MacArtney said it has signed representative agreements with underwater-technology-focused companies in various parts of the world to function as official representatives of its underwater technology products. Business partnerships have been entered into with the following South American companies: C
Ice class Trailing Suction Hopper Dredger (TSHD) Severnaya Dvina, which will maintain navigational depths and provide safe shipping in the Arkhangelsk Seaport basin and approaches, has been delivered to FSUE Rosmorport. Damen tailored the TSHD 2000 design to meet the high specifications required to
SmartBay Subsea Observatory offshore Galway, Ireland has started feeding live data from the seabed to businesses, researchers, scientists and policy makers. The SmartBay Subsea Observatory, supported by the Marine Institute, Sustainable Energy Authority of Ireland and Science Foundation Ireland, wil
Norwegian company AKVA group involved in the subsea salmon farming concept ‘Atlantis’ has appointed Hallvard Muri as new group CEO. Muri replaces Trond Williksen, who announced his resignation from AKVA group on May 11, 2016. Muri was the CEO of Aker BioMarine AS for more than 6 years before he left
Consultancy firm NIRAS has completed the acquisition of marine ecology consultancy, CMACS. NIRAS now employs a dedicated UK team of 35 professional marine consultants based in Cambridge, Dorking, Glasgow, the Isle of Man and Liverpool. Dr Ian Gloyne-Phillips will manage the NIRAS coastal and marine
inApril, the Norwegian offshore technology company, has struck a deal, potentially worth $25-30 million, for Venator, its node-based seabed seismic acquisition system. The company has signed the letter of intent (LOI) with the Kazakhstan company Geo Energy Group (GEG) to supply a Venator system, sta
INTECSEA and Innospection have launched a flexible riser integrity management program, the FlexIQ. The companies said that with this partnership they aim to redefine the approach to flexible riser integrity management by offering inspection and computational simulation techniques as part of an overa
Tokyo University has engaged Kaiyo Engineering, a specialist marine science company, to undertake seabed research using two Saab Seaeye robotic systems, the Leopard and the Falcon, to explore the feasibility of mining the gold, cobalt and the copper-rich manganese crust, offshore Japan. Alongside mi
National Oceanography Centre (NOC) is leading a research cruise this summer which will address technical challenges in exploring for seafloor mineral deposits. This expedition will take place on board the RRS James Cook, marking a decade of service that has seen this ship travel 218,972 miles in pur
Lloyd’s Register (LR) has extended rig integrity support for the Deepwater Invictus drillship. According to LR, its expertise in blowout preventers (BOPs) and rig integrity will be used to provide confidence in risk management for deepwater drilling and well exploration. “We have had a team supporti
Subsea equipment supplier, Subsea Innovation, has received a multi-million-pound order for structural pipeline repair clamps to be installed offshore Australia from Subsea 7’s i-Tech Services. Subsea Innovation said that the order is for five ROV installed clamps which will form a part of an Emergen
Nexans is launching a new range of cable and power accessories for offshore wind farms with higher capacity inter-array cables operating at 72.5 kV. Namely, the French cable specialist has developed power accessories with F-type outer cone comprising separable T-connectors, coupling connectors and s