Seabed seismic player Magseis Fairfield said it has wrapped up acquisition project offshore Mexico. This marked the end of the first ever deepwater ocean bottom node (OBN) survey acquired in Mexico. Magseis Fairfield announced this project for an undisclosed client end-March last year. The work kick
Ocean bottom node seismic player Axxis Geo Solutions (AGS) is looking to address its debt situation and improve its balance sheet through a capital restructuring. The Oslo-listed company said it has over some time been in active dialogue with its current stakeholders and other strategic and financia
Fugro has joined an EU co-funded research and innovation project to develop a remote solution for global satellite derived seafloor mapping. The 3-year project, named ‘4S’ (Satellite Seafloor Survey Suite), will develop an online cloud-based solution that will use highly automated earth observation
Hamburg-based Subsea Europe Services and Cyprus Subsea Consulting and Services based in Nicosia have entered a new strategic cooperation. The partnership will see the two companies share knowledge and services that will simplify the acquisition of high-quality marine data for clients across Europe.
As Gazprom prepares to continue Nord Stream 2 pipelaying work in Danish waters, the U.S. State Department has again warned European companies of sanctions if they are suspected of helping to build Russia’s new gas pipeline.
Norwegian companies Multiconsult and Argeo have entered into a strategic cooperation to improve quality of marine surveys and increase construction insight of the seabed conditions for large coastal development projects and offshore structures. The two parties have also invested in a Hugin autonomou
Greece and Italy will be looking to build a new subsea power interconnector with up to 1GW capacity, Greek grid operator IPTO said in its 2022-2031 preliminary development plan. IPTO and its Italian equivalent Terna recently teamed up to prepare studies to strengthen the interconnection of the two e
Fraunhofer IWES has conducted a boulder detection and geohazard survey of 50 turbine locations and the associated OSS at the Baltic Eagle offshore wind project for Iberdrola. The three-week measurement campaign took place in October and November 2020 using the novel proprietary Manta Ray G1 system d
Norway, one of the wealthiest countries in the world due to its oil and gas reserves, is looking to transition to deep-sea mining for copper, zinc, and other metals in high demand in green technologies.
Netherlands-based Fugro has informed that its chief financial officer (CFO) Paul Verhagen has decided to leave the company. Verhagen joined Fugro as CFO and also member of the board of management in 2014. He will step down after the annual meeting of shareholders on 22 April 2021. He is up for nomin
Subsea robotics innovator Dive Technologies has chosen a complete suite of Sonardyne technologies for navigation, tracking and control of its large displacement DIVE-LD autonomous underwater vehicle (AUV) programme. The DIVE-LD AUV could meet a wide range of long-endurance mission requirements, acro
TechnipFMC has named Alf Melin as its new executive vice president and chief financial officer, effective January 25, 2021. Melin has been with the company since 1995 and has held multiple leadership positions in finance, treasury and operations. He currently serves as senior vice president, finance
Oslo-listed seismic player TGS has launched the Espirito Santo multi-client 3D seismic survey offshore Brazil. This survey should broaden the region’s 3D coverage while adding to the extensive offshore seismic library. It is a dual-azimuth survey, covering 2,694 square kilometres area. For the purpo
Woodside has received approval from the country’s regulator for the Greater Western Flank 3 and Lambert Deep development drilling and subsea installation.
