NLI Subsea, a part of private investment company Ard Group, has appointed Øyvind Frydenberg as the company’s new chief executive officer (CEO). Frydenberg (48) has been CEO of Dresser-Rand AS, CEO of FMC Kongsberg Metering AS and has also held several leadership positions in FMC. He is a mechanical
Basslink operator has informed that repair work on the cable continues to progress well, and that the interconnector remains on track to return to service in June as previously advised. Basslink’s cable repair vessel recently underwent planned modification works in Geelong which is necessary for it
Hyundai Heavy Industries (HHI) is presenting an extensive range of 33 construction equipment including 10 excavators and 5 wheel loaders meeting EU Stage IV emission regulations at Bauma 2016 in Munich, Germany from April 11-17. The construction equipment being displayed at the event has versatile a
BAE Systems has been awarded a £15.5-million contract by the U.S. Department of Defense (DoD) to manufacture and deliver Archerfish mine neutralisers. Archerfish is a remotely-controlled underwater vehicle equipped with an explosive warhead to destroy sea mines. In addition to Archerfish mine neutra
IRM Systems (IRMS), the independent authority in emergency pipeline repair, has introduced its new method of maintaining critical pipeline valves. Reportedly, the Valve Integrity Management Solution (VIMS) was developed to help maintain pipeline valves to performance standards and criteria that can
Saudi Border Guard has acquired two Damen cutter suction dredgers (CSD 450) for harbor maintenance duties. Two CSDs 450, with a maximum dredging depth of -12 m and a mixture production of 3,000 m³/h, were to be fitted out with an extensive list of options, including an accommodation unit and positio
Less then a week before the six anniversary of the 2010 Deepwater Horizon blowout, the Obama administration is reportedly set to release a regulation aiming to seek a more stringent design for well control equipment. According to reports by Bloomberg, AP, and Reuters, all of which cited an unnamed e
Saipem has been awarded a new contract regarding the offshore section of the Trans Adriatic Pipeline project. The contract has been awarded by Trans Adriatic Pipeline AG, a joint venture between BP, SOCAR, Snam S.p.A., Fluxys, Enagás and Axpo. The EPCI contract (Engineering, Procurement, Constructio
Dong Hai Jiu 101 departed for the MH370 search area on April 11, carrying Phoenix International’s Remora III remotely operated vehicle (ROV) which will be used in the recovery of the lost SLH‑ProSAS‑60 tow system. Namely, on March 21, the failure of a tow cable connector resulted in the loss of the
Komatsu Europe International is presenting the new HB365LC-3, a 36 tonnes hydraulic hybrid excavator, at the bauma 2016 international fair in Munich. Compared to a standard PC360LC-11 excavator, the new Komatsu Hybrid excavator was designed to provide 20% fuel savings to customers. The HB365LC-3 has
BAM International, the operating company of Royal BAM Group active outside Europe, has won the contract to design and construct Mega Cruise Pier II in Curacao. The contract value amounts to $29 million (€25 million). This project is part of the total development of $43 million (€38 million) that Cur
Norway’s Electromagnetic Geoservices (EMGS) will reduce its global headcount by about 15 per cent due to decline activity levels on the market. The Oslo-listed company informed it will implement several structural changes to the organisation, including centralising and / or merging departments, in a
Neumann Contractors have been awarded the dredging contract for South Channel and South Wavebreak Island Channel Dredging 2016 project on the Gold Coast, Queensland. The works involve the dredging operations in the nominated shallow areas of the primary South Navigation Channel and the secondary Sou
Hitachi Construction Machinery (Europe) NV (HCME) is showcasing the ZX85US-5 super long front excavator at Bauma. Compact and with a short-tail swing radius, low-impact rubber tracks and class-leading 10.3-meter reach, it has been specially designed for earthmoving on dredging, bank maintenance and
