Olympic Subsea has reported net loss of NOK 27 million ($3 million) for the quarter ended March 31, 2019, versus net loss of NOK 53 million ($6 million) same time last year. The Oslo-listed company generated operating income of NOK 131 million for the first quarter of 2019, compared to NOK 96 millio
Boskalis Subsea Services said it has been awarded over £100 million worth of contracts in the North Sea over the last six months. These include the Total Tyra redevelopment project, an inspection, repair and maintenance (IRM) campaign for Repsol Sinopec, a decommissioning contract with Spirit Energy
Gaditana de Chorro y Limpieza has won a contract to carry out coating works on the DolWin6 grid connection in the German North Sea. The Spanish company is in charge of the surface preparation and coating application of the offshore substation, jacket foundation, bridge connection, and offshore hook-
The longest vessel to ever dock in Aberdeen Harbour has arrived to assist with the South Harbour expansion.
China’s Mingyang Smart Energy has received an order from China General Nuclear Power Corporation (CGNPC) to manufacture and deliver offshore wind turbines with a combined capacity of around 1,403MW. The value of the contract is CNY 8.587 billion (EUR 1.12 billion), the turbine manufacturer said. In
The long-awaited expansion of the Corpus Christi Ship Channel is now officially underway. At a special ceremony that included area dignitaries and community partners, U.S. dredging contractor Great Lakes Dredge & Dock’s CEO Lasse Petterson kicked off this highly anticipated Channel Improvement Proje
Viewport3, a subsea 3D scanning specialist, has completed a contract with N-Sea to perform underwater 3D scanning operations on North Sea assets. N-Sea contracted Viewport3 to carry out subsea scanning which will facilitate 3D scanning of mooring links, providing 3D data to help clamp and cofferdam
Meridian Port Services Ltd (MPS) and China Harbor Engineering Company (CHEC) have signed an agreement to carry out the second phase of the Tema Port Expansion Project. According to MPS, this agreement involves the construction of the 4th and the last berth of the new port. The new contract adds anot
Olympic Subsea has received new contracts for three of its vessels to work in oil & gas and renewables sectors. Olympic entered into an agreement for the multifunctional subsea vessel ‘Olympic Triton’ for a period of 12 months with further options. The contract will be performed in West Africa for a
The UK Department for Business, Energy & Industrial Strategy (BEIS) is opening the third Contracts for Difference (CfD) allocation round today, 29 May. The third CfD round has attracted offshore wind bids with a combined capacity of 8.4GW from major developers such as SSE, Equinor, Scottish Power, i
Wood has secured a new contract with Chevron Australia to provide subsea integration and flow assurance front-end engineering design (FEED) services for the Jansz-lo compression project offshore Western Australia. Effective immediately, the one-year contract will be delivered locally by Wood’s team
Oslo-listed SeaBird has narrowed its quarterly loss for the period ended March 31, 2019 as revenues picked up on higher utilization, compared to prior-year first quarter. The seismic data provider for oil and gas companies posted loss of around $0.5 million for the first quarter of 2019, compared to
Hellenic Cables – Fulgor SA has awarded a contract to Vos Prodect Innovations BV, to design and deliver sealed cable hang-off systems for 6 high voltage sealed cable hang-off systems. The cable hang-off systems will be installed on 3 platforms offshore Belgium. The Cable hang-off systems are designe
DEME Group has selected iPS Powerful People as the preferred supplier for the provision of marine and project personnel. Under the Tier 1 Personnel Service agreement, iPS will provide a full range of technical personnel and administrative specialists for both temporary and permanent positions on DEM
