UK-based flexible pipe and umbilical specialist, Flexlife, has appointed Richard Gibson as its new BD Manager. He will work part time and will be based in the Aberdeen office. Gibon will be responsible for overseeing engineering, delivery and integrity services in the UK/Europe Region. According to
Prysmian has been awarded a contract by Hainan Second Cross-Sea Interconnection Tie Project Management worth more than $140 million for the design, supply, installation, and commissioning of a submarine power cable link for the second interconnection between Hainan island and China mainland. “We are
The dredging operations and marsh restoration at Mordecai Island, NJ are currently underway. The U.S. Army Corps of Engineers, Philadelphia District, and its contractor Barnegat Bay Dredging Company of Harvey Cedars, are dredging critical shoals from the New Jersey Intracoastal Waterway and using th
An international team of scientists are setting sail today on board the Royal Research Ship James Cook to explore the Atlantis Massif, a 4000 metre high underwater mountain in the Atlantic Ocean. This is the first time the 89.2 meters long UK research ship will be used to drill through the Earth’s m
PROGROUPE has presented a new promotional video of the DESET (DEwatering SEdiment Technology), produced in cooperation with the local authorities managing Veľké Kozmálovce reservoir. The promotional operation presented the real conditions of the dredging and dewatering in their technological headqua
Proserv, an energy services company, has secured a contract with a value of more than 20 million NOK ($2.4 million) to provide topside control equipment at one of the largest field discoveries on the Norwegian Continental Shelf, Johan Sverdrup. The agreement will see Proserv supplying Aibel, on beha
Nortech Group and Wilton Engineering, two North East England’s oil and gas supply chain companies, have formed a new collaborative arrangement to deliver full-service engineering, procurement and construction (EPC) for brownfield oil and gas projects in the UK. The companies said in a press release
Ocean Power Technologies OPT has entered a memorandum of understanding (MOU) with Gardline Environmental to jointly develop metocean monitoring and maritime security systems for ocean observing and defense and security markets. The MOU outlines a multi-phase effort which is the basis for ongoing col
Seismic contractor TGS has posted third-quarter 2015 net income of $40 million, compared to $54.6 million in the same period in 2014. Earnings per share were $0.39, down from $0.53 in Q3 2014. The Oslo-listed company reported revenues of $169 million in Q3 2015 (89% accounted to multi-client), versu
Oslo-listed seismic player, Petroleum Geo-Services (PGS), has posted net loss of $110 million for the third quarter of 2015, compared with $8.4 million profit in the corresponding period in 2014. In the third quarter of 2015, the company recorded revenues of $225.7 million (out of which $120.4 milli
Forum Energy Technologies has seen its net income plunge by some 86 per cent in the third quarter 2015 as revenue declined on overall oil market slowdown. The Houston-based oilfield products company posted net income for the quarter of $7 million or $0.07 per diluted share compared to $52 million or
The newly-enlarged EMS Group, formed as a result of EMS Energy Limited’s acquisition of the Koastal Group, has signed a binding Letter of Intent (LOI) worth $570 million for the supply, testing and commissioning of up to six sets of Major Equipment Package for rigs, worth $95 million per set, totall
Bureau Veritas informed it has issued Design Approval for the new Mark V LNG membrane containment system designed by France’s GTT.
China’s Dalian Shipbuilding Industry Offshore Co., Ltd has awarded the Netherlands-headquartered AEG Power Solutions (AEG PS), a contract to secure its BT-4000 semi-submersible platform power supply with a customized solution based on AEG PS Protect 8 industrial UPS. According to AEG PS’ press relea
