General Electric is working aggressively to refine plans for the sixth and final season of dredging, which will be performed later this year from May through November. When dredging is completed this year, GE will have removed 100 percent of the PCBs targeted by EPA for removal — more than 2.65 mill
FoundOcean and BASF have launched an integrated material and service system for the provision of a new high strength grout, MasterFlow 9800, in Edinburgh, UK. According to the company, the high strength grout is the result of over 3 years of joint development, the primary purpose of which has been t
Norway’s Dolphin Geophysical has seen revenues rise in the fourth quarter, despite the challenging seismic market. The company generated fourth quarter revenues of USD 130.5 million, compared to USD 38.8 million in Q4 2013. The increase is primarily due to six vessels in production and increased yea
French oil services provider, Technip, has recorded net income drop of 40% in the fourth quarter after adjusted non-current items, despite revenue growth. The Company’s adjusted net income fell to 80.1 million euros from 134.5 million euros for the same period in 2013. However, underlying net income
Wave energy developer Carnegie Wave Energy announced that the Perth Wave Energy Project was formally opened today by the Federal Minister for Industry and Science, the Hon Ian Macfarlane, and is now exporting electricity into the WA power grid. The Perth Project was officially “switched-on” by Feder
A competition to improve ocean research methods has awarded £250,000 to innovators looking to develop robot technology. Five proposals have each been awarded £50,000 to develop an integrated system for the National Oceanography Centre that will coordinate a suite of autonomous systems, such as a fle
Subsea engineering and fabrication business, MacKellar Sub-sea Ltd, has reportedly gone into administration putting almost 100 jobs at risk. The company, based in Grantown-on-Spey, employs 97 full and part-time staff of which 86 are employed at the main facility. MacKellar has fallen victim to finan
Eidesvik Offshore has today taken delivery of the Offshore Construction Vessel Viking Neptun from Kleven Verft AS. According to the company, TBN Viking Neptun represents the largest investment Eidesvik has done in the subsea segment. Eidesvik has taken a long-term loan of MUSD 124 with Nordea and Ek
The Non-Governmental Organization (NGO), Dredging Suez Canal, has posted on its official facebook page the latest photos of the New Suez Canal dredging program. The project was launched by the Chairman of the Suez Canal Authority Mohab Mamish in the presence of Egyptian President Abdel Fattah el-Sis
SMD announced a contract award with KT Submarine for a QT1000 high powered cable installation and maintenance ROV. The 2000m rated ROV embraces the latest technologies in jet trenching and ROV design with 1000hp of total installed power and 940hp of variable jetting power. The QT1000 is capable of t
Eidesvik Offshore has today taken delivery of the Offshore Construction Vessel (OCV) Viking Neptun from Kleven Verft AS. According to Eidesvik Offshore, a long-term loan facility of $124 million has been drawn with Nordea and Eksportkreditt Norway/GIEK to finance the vessel. The vessel will primo Ma
After successfully testing in Strangford Lough, Northern Ireland, SCHOTTEL HYDRO has launched its new hydrokinetic turbines. The company believes that the new SIT SCHOTTEL Instream Turbine allows the harvesting of hydrokinetic energy for commercial projects at a reasonable cost. SIT features passive
SAGE Profile, the subsea pipeline analysis software developed by Fugro GeoConsulting, will be much in evidence at the end of this month during OPT 2015 – Offshore Pipeline Technology Conference (Amsterdam, 25-26 February), and at the preceding seminar on Pipeline Global Buckling Design (24 February)
Saudi Aramco has informed that the heavy lift barge Lan Jing completed the installation of the Hasbah tie-in platform (TP) using its 7,500-ton crane, carrying weight that reached about 5,000 tons – which is, according to the company, its new record for heavy lift operation. The new tie-in platform w
