The Danish Energy Agency has granted a permit to Nord Stream 2 AG to construct a section of the Nord Stream 2 natural gas pipelines on the Danish continental shelf southeast of Bornholm in the Baltic Sea. The permit is granted pursuant to the Continental Shelf Act and in accordance with Denmark’s ob
Baker Hughes has reported profit of $57 million or 11 cents per share on GAAP basis for the quarter ended September 30, 2019. The result compares with $13 million profit in Q3 2018, and $9 million loss sequentially. Adjusted net income (non-GAAP) attributable to Baker Hughes was $114 million, up 46%
Oslo-listed Polarcus has been awarded a 4D marine seismic acquisition project offshore West Africa. The project is scheduled to start in Q4 2019, following a scheduled class docking. The acquisition is estimated to last approximately two months. The client and financial details have not been disclos
TGS has secured the Malvinas 3D multi-client project offshore Argentina. The Malvinas 3D survey will cover approximately 7,300 square kilometers of highly prospective Malvinas Basin, which saw spirited interest during Argentina Round 1 earlier this year. The survey will employ one Shearwater vessel,
Chilean telco Gtd has deployed Infinera solutions to increase capacity across its terrestrial network in Chile and its subsea networks for “Prat,” a submarine optical fiber project that is set to provide high-quality internet for Gtd’s national territory in Chile. Gtd operates subsea and terrestrial
IMEWE (India-Middle East-Western Europe), the ultra-high capacity fiber optic submarine cable system, is deploying Ciena’s coherent optical solutions and automation software to address network capacity requirements in the region. Ciena’s solutions provide IMEWE with a network capable of delivering i
Telxius, the communications infrastructure company of the Telefonica Group, has launched its purpose-built, interconnection-rich, Derio communications hub. Strategically located in the north of Spain, it is only a few kilometers away from subsea cable MAREA’s landing point. With 2,000 sqm and up to
MacGregor, part of Cargotec, has received an order from the China National Offshore Oil Corporation (CNOOC) to supply the riser pull-in system for a deepwater Floating Production Unit (FPU) located in the Lingshui 17-2 gas field. The order is booked into Cargotec’s third quarter of 2019 order intake
Jan De Nul has completed an EPCI scope for foundations, power cables and scour protection on the Formosa 1 Phase 2 offshore wind farm, located in Miaoli County, Taiwan. The wind farm is owned by a partnership of Ørsted (35%), JERA (32.5%), Macquarie Capital (25%) and Swancor Holding (7.5%). Jan De N
Boskalis and its Taiwanese partner Hwa Chi Construction have been awarded the foundation scope for the Taiwanese Changfang and Xidao offshore wind farm (CFXD OWF) project owned by Copenhagen Infrastructure Partners (CIP). The project includes the transportation and installation of sixty two three-le
Mermaid’s joint-venture company in Middle East has secured a three-year contract extension for offshore inspection, repair and maintenance services with an oil and gas national company. The extension is in direct continuation to its initial seven-year contract period, whereby Mermaid will continue t
The EllaLink Group and Telxius, the telecommunication infrastructure company of the Telefónica Group, have signed a collaboration agreement for international subsea capacity and terrestrial connectivity in Latin America, including cable landing facilities in Fortaleza, Brazil. The complementary infr
DNV GL has been selected as Equinor’s certifying authority and classification society for Bay du Nord oil field in the Flemish Pass Basin. DNV GL will ensure that new infrastructure to be built for Bay du Nord project is compliant to local and global safety requirements. DNV GL will oversee design r
After setting the record for the fastest unmanned Atlantic crossing, Saildrone USV SD 1021 has completed the return journey, not only beating its own record time but also becoming the first autonomous vehicle to transit in both directions across the Atlantic Ocean. In August 2019, a Saildrone unmann