Subsea World News has put together a recap of the most interesting articles from the previous week (May 04 – May 10). A new subsea company was launched at OTC in Houston today May 4, 2015. Underwater Integrity Solutions (UIS), headquartered in Houston, is an independent company focused on underwater
DSC Dredge, LLC, based in Reserve, Louisiana, was recently awarded the inaugural Gulf Coast Trade Alliance Export Achievement Award for the state of Louisiana. The Gulf Coast Trade Alliance honored DSC with the award on Tuesday, April 21, 2015, at a luncheon during the 15th Annual Gulf Coast Trade A
New Suez: 62.9 Pct of Dredging Finalized Up to 157.260 million cubic meters of water-saturated sand have been dredged so far as part of the Suez Canal Development Project, said executive director supervising the dredging process Wagdi Zaki. Belgian Business Delegation Visited Managua HKND Group an
The naming and launch ceremony of the 5,500m³ trailing suction hopper dredger (TSHD) ILEMBE took place this morning at Royal IHC’s shipyard in Kinderdijk, the Netherlands. The dredger is being built for Transnet National Ports Authority (TNPA), the national port authority of South Africa. The ceremo
Banchory-based subsea technology specialist, Ecosse Subsea Systems (ESS), has acquired MASfab for an undisclosed sum. The County Durham-based MASfab provides a range of fabrication, welding and construction services to the oil, gas and renewables sectors. As part of the deal MASfab has been awarded
Subsea 7 has been awarded of a contract with a value of approximately USD 300 million for the Maria field development by Wintershall Norge AS. The pipeline and subsea construction contract consists of engineering, procurement, construction and installation (EPCI) of 95 kilometres of rigid flowlines
International oil service firm Vertech, part of Global Energy Group (GEG) has announced plans for rapid growth at its new Aberdeen office in the next five years. Only a few months old, the Granite City arm of the Australian company, said it aims to achieve £40 million annual turnover from the base.
Dolphin Geophysical, in partnership with TGS, is currently acquiring 4,100km² of Multi-Client 3D Broadband seismic in the Barents Sea. The Polar Duchess is utilising 12 streamers and is working towards a planned completion date in June 2015. The Ringvassøy survey will cover open acreage of the Norwe
Kvaerner, an engineering, procurement and construction (EPC) contractor, has recorded net profit for total operations of NOK 137 million ($18.3 million) in first quarter 2015, compared to NOK 63 million ($8.4 million) in the corresponding quarter last year. Basic and diluted earnings per share for t
In a new experiment with the KOSMOS mesocosms, scientists from GEOMAR Helmholtz Centre for Ocean Research Kiel address key questions about the impacts of ocean acidification on the food web and biogeochemical cycling. As part of this study, which runs until the end of June in Raunefjord, Bergen (Nor
GIW Industries, Inc., a company involved in the design, manufacture and application of heavy duty centrifugal slurry pumps, has announced the successful design and installation of a unique underwater pump system for a Chinese dredging contractor. This equipment package consists of a GIW® Minerals LH
Groh Dredging and Marine Construction of Wisconsin is entering the final phase of the Boone’s Landing dredging project. So far, approximately 75% of the dredging works have been completed. The company is dredging an area 150 feet long and 100 feet wide at the boat ramp. The work will remove 2 to 4 f
Plexus Holdings PLC, an oil and gas engineering services business and owner of the proprietary POS-GRIP friction-grip method of wellhead engineering, has secured an additional purchase order with Maersk Oil’s Danish business unit to supply its wellhead system and mudline services for a well offshore
Plexus has secured an additional purchase order with Maersk Oil’s Danish business unit to supply its wellhead system and mudline services for a well offshore in the Danish sector of the North Sea. According to Plexus, the value of the order is estimated at approximately £1.25 million with revenues s
