Gravel beaches occur on many wave-dominated coasts across the world and are widely considered an effective and sustainable form of coastal defense. Despite their societal importance, relatively little research has been directed towards understanding the mechanisms leading to their failure during sto
A delegation from the U.S. Army Corps of Engineers Charleston District’s operations division toured the USACE dredge Wheeler last week. The Wheeler, based out of the U.S. Army Corps of Engineers, New Orleans District, is in Charleston for repairs. This hopper dredge is scheduled to be operational in
Nexans has been selected to be the unique supplier of cabling to Samsung Heavy Industries’, turnkey contractor for Total’s Egina floating, production, storage and offloading (FPSO) unit that will be located offshore Nigeria. According to Nexans, the contract awarded by Total to Samsung Heavy Industr
Expro has appointment Mike Jardon as chief executive officer, succeeding Charles Woodburn who is leaving the company in April to join BAE Systems. Jardon joined Expro in 2011 as chief operating officer, after holding senior roles within Schlumberger’s wireline, completions, well testing and subsea b
Harris Pye Engineering and Singapore-based Tecnomar & Associates have signed a memorandum of understanding (MOU) to combine efforts, promote collaboration between the two companies, and to offer a wider range of services. “There is very definite synergy between our two organisations,” explains Don M
Subsea World News has put together a recap of the most interesting articles from the previous week (February 08 – February 13). Aker Solutions will temporary reduce wages of its Norwegian maintenance, modifications and operations (MMO) employees, the company said Thursday. Starting in March, senior
Norwegian multi-client seismic data specialist, Spectrum, has remained in red in the fourth quarter of 2015 after booking a net loss in the prior quarter on significant revenue drop. The Oslo-listed company reported fourth-quarter net loss of USD 5.5 million on revenue of USD 42.0 million, versus ne
Forum Energy Technologies has slipped into the red in the fourth quarter 2015 on pre-tax charges and revenue decline of some 55% compared to a year-ago quarter. The Houston-based oilfield products company booked net loss for the quarter of $164 million, or $1.81 per diluted share, compared to net in
Aker Solutions has booked a net loss of NOK 250 million in the fourth quarter 2015 versus net income of NOK 359 million a year earlier. This constituted a loss per share of NOK 0.83 compared with earnings per share (EPS) of NOK 1.30 in Q4 2014. Excluding special items, Q4 2015 net income was [&helli
Jumbo’s mv Fairmaster transported a 1,720t vertical lay system (VLS) from La Rochelle in France to Brattvaag in Norway, destined for the largest vessel in Solstad’s fleet. The VLS, measuring 32x16x44 meters will be one of the main features of the 178 meters long subsea construction vessel Normand Ma
Dril-Quip is establishing a research and development facility in Singapore focusing on materials and products suitable for high pressure and high temperature (HPHT) applications. The new facility, which is expected to open in 2017, will serve as an additional hub for research and development activit
Norway’s Electromagnetic Geoservices (EMGS) has plunged into the red in the fourth quarter of 2015 on weak market and restructuring charges related to the company’s cost reduction program. The Oslo-listed company posted net loss of USD 24.1 million, compared to net income of USD 13.1 million in the
Subsea engineering specialist, Oceaneering, has reported net income of $27.5 million, or $0.28 per share, on revenue of $722 million for the three months ended December 31, 2015. Adjusted net income was $57.4 million, or $0.58 per share, excluding the $45.9 million pre-tax impact of asset write-down
Premier Oil, an independent oil company, has awarded the Front-End Engineering and Design (FEED) contract for SURF and flexibles for the company’s Sea Lion development, in the North Falkland Basin, offshore the Falkland Islands. Premier Oil is the operator of the licence containing the Sea Lion disc
