Trelleborg’s offshore operation has launched a new vortex induced vibration (VIV) suppression system. According to the company, the Tri-Strake Combi, developed to complement the S-Lay capable Tri-Strake Stinger system and the Tri-Strake Lite system, should ease the installation and provide added res
Offshore services player, Helix Energy Solutions, has plummeted into loss as it books some $503 million of non-cash pre-tax charges in the fourth quarter 2015. These charges resulted in an after-tax impact of $398.5 million, or $(3.77) per diluted share. The company reported a net loss of $403.9 mil
McDermott has seen red ink at the end of fourth quarter, swinging to loss when compared with the corresponding period in 2014. The company posted quarterly loss of $18.7 million, or $0.08 per fully diluted share, compared to net profit of $8.2 million, or $0.03 per fully diluted share same time last
Subsea Global Solutions (SGS), the underwater repair, maintenance and marine solutions provider, has acquired the assets and personnel of Sea Sub Systems, an underwater vessel repair services company based in Tampa, Fla. The Tampa office, including all staff and equipment, will be rebranded Subsea G
All American Marine (AAM) has won a contract for the construction of a hydrofoil-assisted survey catamaran for the U.S. Army Corps of Engineers, Philadelphia District. The vessel will primarily perform survey missions and some dive operations in support of dredging work planned within the Corps’ Phi
Schottel Hydro will deliver 16 Schottel Instream Turbines (SIT) with a capacity of 62 kW each to Sustainable Marine Energy (SME) over the next two years. The SME’s PLAT-O platform array will host 16 Schottel Instream Turbines. Following the sea trials in the Solent in summer 2015, the first PLAT-O s
McDermott, a provider of integrated engineering, procurement, construction and installation (EPCI) services, has signed a long-term exclusive agreement with L&T Hydrocarbon Engineering (LTHE), a wholly owned subsidiary of Larsen & Toubro, focused on subsea projects offshore the east coast of India.
Oceanteam Solutions has been awarded a contract to supply a cable manufacturer demountable turntables and auxiliary equipment for the multiple transport of cables from Asia to Europe in 2016. The Oslo-listed company said it will also assist during the cable load outs in the appointed ports by supply
McDermott will put its new flagship derrick lay vessel, the DLV 2000, to work offshore Western Australia, supporting a transportation and installation contract awarded by Woodside for the Greater Western Flank Phase 2 Project. The installation will occur approximately 20 miles from the Goodwyn A pla
Nexans Norway and IKM Subsea have come to an agreement to extend the current ROV services contracts on board the vessel Nexans Skagerrak. The contract value including options is 75 million NOK and duration term is firm for 3 years + 2 yearly options. IKM Subsea’s ROV services will be integrated with
Able UK has announced a further expansion of its fleet with the acquisition of a new heavy duty dredging grab which will be used in conjunction with Europe’s largest mobile harbor crane, based at Able Seaton Port on the Tees. Able has invested EUR 220,000 in the 28 tonne grab supplied by Verstegen,
Tracerco has brought its pipeline inspection tool the ‘Discovery’ and its complimentary technology, ‘Explorer’ to the Australasia region, permanently basing the equipment at its Western Australia facility in Perth. The Discovery provides CT scan of subsea pipelines, while the Explorer can fast scree
JDR, the UK-based supplier of subsea umbilicals and power cables to the offshore energy industry, has been awarded two umbilical contracts by McDermott Middle East Inc., for undisclosed operators. The umbilicals will be delivered to two projects in the United Arab Emirates and Qatar. The first proje
Cape plc, a provider of industrial services to the energy and natural resources sectors, has secured a contract with Samsung Heavy Industries (SHI) in South Korea for Shell’s Prelude Floating Liquefied Natural Gas (FLNG) unit. The contract is for the installation of insulation to the cryogenic pipew
