Dril-Quip has reported net income of $94 thousand, or $0.00 per diluted share, for the three months ended March 31, 2017, versus net income of $36.8 million, or $0.97 per diluted share, for the first quarter of 2016. The first quarter 2017 results were negatively impacted by after-tax severance paym
Kongsberg Maritime Inc., the North American division of Kongsberg Maritime, and Stress Engineering Services (SES) have formed a strategic alliance. The aim of the alliance is to better serve existing and new clients with cost effective engineering services and fully integrated technical solutions wi
A team at Canadian nanotechnology accelerator Ingenuity Lab has developed a piece of technology to aid in the cleanup of oil spills. The device consists of a carbon nanotube mesh, supplemented with minerals and polymers that cause it to act as a sponge, drawing in and retaining oil. What really diff
Dutch marine services provider Van Wijngaarden Marine Services has taken delivery of Lingestroom, a Damen Shoalbuster 3512, bringing the total number of Shoalbusters in its fleet to five.
Tidal Energy Today has compiled the top news from tidal and wave energy industry from April 24 – 30, 2017.
Subsea World News has put together a recap of the most interesting articles from the previous week (April 24– April 30). TechnipFMC has been awarded a contract by an affiliate of ExxonMobil for the engineering, manufacture and delivery of the subsea equipment for the proposed Liza deep-water project
Energy Secretary for the Philippines, Alfonso Cusi, said the country plans to add at least 20,000MW of renewable energy capacities by 2040.
The 600MW Gemini offshore wind farm in the Dutch North Sea achieved full completion on Friday, April 28, ahead of schedule and under its total budget of EUR 2.8 billion, Northland Power, the wind farm’s majority owner, said.
BP said it has identified more than 200 million barrels of additional resources at its Atlantis field in the deepwater Gulf of Mexico by using the so-called Full Waveform Inversion (FWI) seismic imaging technology. Geophysicists at BP’s Subsurface Technical Center have enhanced the clarity of images
Neil Parish, a Member of Parliament (MP) for Tiverton and Honiton, has supported the inclusion of the Swansea Bay tidal lagoon in the Conservative manifesto for the upcoming general election in the UK.
Waves4Power is preparing to relaunch its WaveEL wave energy system following the conclusion of service and maintenance operations on the device.
Vattenfall’s Wind Business Area recorded an uptick in wind generation in the first quarter of 2017 on the back of more than 500MW of added capacity, including the recently commissioned 288MW Sandbank offshore wind farm.
Spanish shipbuilder Gondan has launched the first of two Service Operation Vessels (SOVs) ordered by Østensjø Rederi and chartered by DONG Energy.
Spanish shipbuilder Gondan has launched the first of two Service Operation Vessels (SOVs) ordered by Østensjø Rederi and chartered by DONG Energy.
