Sparrows Group and SPIE Oil & Gas Services have signed a global agreement to work in collaboration to support the energy sector. The deal should see the companies work together to initially deliver their collective service offering throughout Africa before they expand the scope of their collaboratio
Electromagnetic Geoservices (EMGS) has narrowed its loss in the second quarter, ended June 30, 2016, as the company chopped its operating expenses by some 30 percent. The Oslo-listed company posted net loss of USD 11.2 million, compared to net los of USD 26 million in the same period in 2015. EMGS a
GE Oil & Gas subsidiary, PT. VetcoGray Indonesia, has been awarded a field decommissioning contract with Premier Oil Indonesia, to support the shut-down of four subsea wells in the Anoa Field, offshore Indonesia. The trees were among the first to be installed by GE in the Asia Pacific region in the
DONG Energy and Ziton A/S have entered a framework agreement that will see Ziton provide services related to main component exchanges on out-of-warranty offshore wind turbines for the next three years. Ziton will provide its jack-up crane vessels for main component exchanges in Danish wind farms ope
DONG Energy and Ziton A/S have entered a framework agreement that will see Ziton provide services related to main component exchanges on out-of-warranty offshore wind turbines for the next three years. Ziton will provide its jack-up crane vessels for main component exchanges in Danish wind farms ope
DOF Subsea, a subsidiary of DOF Group, reported profit for the second quarter 2016 (Q2 2016) of NOK 99 million ($12 million), compared with NOK 296 million ($36 million) profit for the corresponding period in 2015. For the Q2 2016 period, the company had net financial loss of NOK 83 million, versus
Norwegian seabed seismic services player, Magseis, has seen red ink at the end of the second quarter 2016, on 53 percent revenue drop, but said it anticipates better days backed by the recently started Red Sea survey for Saudi Aramco. The Oslo-listed company has seen its revenue decline to USD 7.7 m
Oslo-listed DOF Subsea said it has been awarded several contracts in the past weeks. In Asia Pacific, DOF Subsea, a subsidiary of DOF ASA, has secured several contracts and work under existing frame agreements, securing utilization of the vessels Skandi Singapore and Skandi Hercules. The scope of wo
FMC Technologies has secured a contract with DOF Subsea for two new remotely operated vehicles (ROVs). According to the company, the HD and UHD-III ROVs will be delivered by FMC Technologies’ Schilling Robotics business line in December 2016. These ROVs will be utilized by DOF Subsea for its inspect
Fugro has been awarded a contract by Total E&P Uruguay to support its drilling campaign offshore Uruguay. The contract provides for ROV and tooling services in the Raya-1 field in 3,400 metres water depth. Fugro is supplying two 200hp FCV 4000D work-class ROV systems and subsea tooling, which are in
Aberdeenshire-based Paradigm Flow Services said it has just landed its largest ever contract in Malaysia. The deal will see the company’s React Locate Remediate (RLR) umbilical unblocking technology deployed in a deepwater setting for an undisclosed international operating company. This recent win w
Huawei Technologies USA and Huawei Marine Networks, a submarine cable network provider, have teamed up with Belize Telemedia (BTL) to build an undersea cable system that will connect Belize mainland and San Pedro Island. The subsea cable, named Strategic Evolution Underwater Link (SEUL), will span 2
D3 Consulting, specialist decommissioning and demolition consultants, has been awarded a six-figure contract with a undisclosed operator. The eight-month contract started in April 2016 and involves the preparation of materials inventories for 21 platforms in the Southern North Sea, with eight associ
James Fisher Marine Services has concluded the subsea cable setup works at the Wave Hub test site off Cornwall, UK. According to Wave Hub, the project was wrapped up on August 12, and the vessels Aker Wayfarer and MTS Xplorer are clear of the site. The works included the installation of four cable t
