McDermott has reported quarterly loss of $146 million, or 80 cents per diluted share, compared to profit of $47 million, or 33 cents per diluted share in the second quarter of 2018. This marks a hat-trick of losses for the Houston-based company. Excluding charges, the adjusted loss for the second qu
Royal Boskalis Westminster has secured a contract for the seabed intervention and shore crossing activities for Woodside’s proposed Scarborough export gas pipeline in North West Australia. The contract awarded by Woodside Energy, in its capacity as operator of the Scarborough joint venture, potentia
Emerson has completed $48 million contract for automation systems and cloud engineering software-as-a-service for the Shah Deniz 2 project in Azerbaijan. Emerson’s support services, predictive reliability software and digital twin solutions will help optimize operations and achieve reliable performa
Next Geosolutions has recently been awarded three marine survey contracts from three different clients to be accomplished in direct continuation in the Mediterranean Sea. The projects will involve a full range of marine survey disciplines including onshore, nearshore and offshore activities, most of
Shearwater Geoservices has completed a 3D seismic survey for KrisEnergy, an independent upstream oil and gas company, in the Cambodia Block A concession. Shearwater Geoservices Singapore started the acquisition of the 1,200 sq. km 3D seismic survey in June 2019, utilizing the vessel SW Vespucci. Aro
Nord Stream has completed all planned maintenance works on the twin gas pipelines. Between 16 July and 27 July 2019, all planned maintenance works on mechanical components, as well as testing of the automation system were carried out. After the temporary shutdown of the pipeline system, gas transmis
MarineEnergy.biz has compiled the top news from marine energy industry from July 22 – July 28, 2019. https://marineenergy.biz/2019/07/26/simec-atlantis-wraps-up-seagen-decom-project/ https://marineenergy.biz/2019/07/25/wellos-penguin-wec2-arrives-in-orkney-for-deployment/ https://marineenergy.biz/20
Ørsted Wind Power A/S has selected Fred. Olsen Windcarrier to provide a service jack-up vessel or vessels to assist in major component replacements at offshore wind farms. The scope of services for the tender comprises a charter of a jack-up or jack-ups to carry out heavy lifting operations, and the
Nord Stream 2 has asked the General Court for annulment of the amended EU Gas Directive because of an infringement of the EU law principles of equal treatment and proportionality. According to Nord Stream AG, the amendment was clearly designed and adopted for the purpose of disadvantaging and discou
SIMEC Atlantis Energy has decommissioned the SeaGen tidal turbine support structure in Strangford Narrows, Northern Ireland. This marks the completion of the 1.2MW SeaGen tidal stream energy project lifecycle and is the first commercial scale tidal turbine development to be fully decommissioned. Spe
Equinor and partners Lundin and Spirit Energy have made a small oil discovery in production licence 167 at the Utsira High in the North Sea. The Lille Prinsen Outer Wedge well is located about 1 kilometer west of Lille Prinsen Main, an oil discovery made in the summer of 2018. Lille Prinsen Outer We
SIMEC Atlantis Energy has successfully decommissioned the SeaGen tidal turbine support structure in Strangford Narrows, Northern Ireland. This marks the completion of the 1.2MW SeaGen tidal stream energy project lifecycle and is the first commercial scale tidal turbine development to be fully decomm
Norwegian geophysical services company EMGS has reduced its quarterly loss as revenues almost doubled for the period ended June 30, 2019. The Oslo-listed company reported net loss for Q2 2019 of $2 million or 2 cents per share, versus loss of $6.2 million in Q2 2018. Revenues for the quarter rose at
Swiber’s wholly-owned subsidiary, Swiber Offshore Construction (SOC) has entered into a shareholder’s agreement with Hilong Marine Engineering (HME) to incorporate and operate a joint venture company in Singapore The shareholders (51% Hilong and 49% Swiber )have named the new company – Ocentra Offsh
