The largest provider of subsea equipment to the industry, FMC Technologies, has notified the employees in Norway of its decision to cut up to 700 jobs. Workforce adjustment comes as a result of activity decline in the oil & gas industry and the company’s efforts to position its business in response
The image shows Fred. Olsen’s wave energy device Lifesaver which was deployed at US Navy’s WETS off Hawaii between March 22-25, 2016. The Lifesaver, a ring-shaped WEC buoy, is being tested to obtain operational data on this particular ocean renewable energy conversion technology. The buoy, an advanc
FMC Technologies is taking legal action against its four former Norwegian employees and their company Optime Subsea Services, established in alliance with subsea installation player DeepOcean last year. Reportedly FMC claims that Optime’s founders have used FMC knowhow and technology for inventions
DeepOcean’s board of directors has elected Harald Norvik to serve as its chairman. Norvik joined the DeepOcean board of directors in July 2011. He is an independent consultant and advisor with more than 30 years of public and private sector experience, a large portion of which was in senior manageme
Soil Machine Dynamics (SMD) have acquired a heavy duty multi-depth plough HD-200 which the company now offers for sale or lease. This is one of the first offerings of SMD’s new services division which is focused on making it easier for customers to purchase, own, maintain, upgrade and repurpose SMD
A contract to build the South Atlantic Cable System (SACS), the first subsea fiber optic cable system ever to connect Africa and South America in the southern hemisphere has come into force, Angola Cables and NEC Corporation informed on Wednesday. SACS is scheduled to be ready for service by the mid
NKT Cables has been awarded a contract by DONG Energy to deliver 170 kilometres of 220 kV high-voltage AC submarine export cable system for the Hornsea Project One offshore wind farm. Hornsea Project One will be NKT Cables’ third large offshore project in co-operation with DONG Energy. The wind farm
A new Technology Outlook report, published today by DNV GL, sees the future of oil and gas technology increasingly automated, digital and smarter. The report peers into the systems and processes that oil and gas and other sectors will deploy by 2025, as business operates in an increasingly interconn
Statoil has started marine installations on the Dudgeon offshore wind park with the first monopile foundation installed offshore Norfolk, England. The first monopile foundation was installed and fixed to the seabed by the crane vessel Oleg Strashnov on the Dudgeon bank, 32 kilometers from the coasta
UK-based oceanographic equipment manufacturer, Ocean Scientific International Ltd (OSIL), has recently shipped a network of 8 MetOcean buoys to the Middle East for use in environmental monitoring. The 1.2-meter tern buoys were equipped with Hydrolab multiparameter sondes for water quality monitoring
OneSubsea, a Schlumberger company, has commissioned and started up a subsea boosting systems installed in ultradeep waters, located in the Gulf of Mexico. Installed in depths of approximately 7,000 ft (2,100 m), the subsea boosting systems consist of three retrievable 3.0 MW single-phase pump module
National Oilwell Varco has reportedly set in motion another round of layoffs in Norway after the oil market dive forced the company to let go about half of its Norwegian division staff last year. NOV was established in Norway in 2000, and at the beginning of 2015 the company had 4 800 employees. Thi
Fugro has completed offshore works undertaken in preparation for full construction of the European Offshore Wind Deployment Centre (EOWDC) at Aberdeen Bay, Scotland. The geotechnical site investigation took place at 11 turbine locations to assess the seabed, with the data acquired being used to info
Wind Minds B.V., Doarm Engineering Co. Ltd., and Haechun Corporation will launch a new renewable energy company with a focus on offshore and onshore wind energy projects at the Green Energy Expo 2016 in Daegu, Korea, scheduled to take place between 6 and 9 April. The new joint-venture company, Wind
