Dutch subsea and survey specialist Fugro said it will reduce its workforce by up to 10 per cent due to challenging market situation. The company posted loss before interest and taxes of €26 million for the first quarter 2020, against loss of €19 million in Q1 2019. Fugro recently announced a program
Subsea Global Solutions (SGS) has entered into a new agreement with tanker operator Penfield Marine to provide underwater hull maintenance for their fleet. The contract is the natural evolution of the existing successful relationship between the two companies. As one of the leading tanker operators
Reach Subsea has secured a contract from a new tier 1 client involving 50 project days of survey and construction support in the North Sea. The project will be executed together with its cooperation partner MMT Sweden during the summer season. The companies plan to use the Topaz Tiamat for this proj
Fugro’s vessels Brasilis and Enterprise are set to mobilise for geophysical surveys at New Jersey’s Atlantic Shores offshore wind site on 1 May. The vessels will carry out surveys within the Atlantic Shores lease area and along potential export cable routes, according to the developer’s Notice to Ma
Equinor Wind US has awarded a contract for geophysical survey services to MMT US, a subsidiary of MMT Group. The contract covers high resolution geophysical, benthic surveys and shallow subsurface surveys for the planning and engineering of Equinor’s lease area offshore New England. The project will
A comprehensive cost reduction programme is being developed and will be announced in the second quarter.
Australia’s National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) has approved Beach Energy’s plan for a geophysical and geotechnical seabed assessment on the Trefoil offshore field.
Greensea has boosted its engineering team in its Plymouth, Massachusetts office to support its hull robotics program. James Truman, senior robotics engineer, is leading the development of Greensea’s hull crawling robot with precise hull-relative navigation and autonomy capabilities. Assisting James
The Norwegian Hydrographic Service has awarded Fugro another hydrographic survey contract as part of the MAREANO seabed mapping programme. Fugro has already completed 10 surveys for the programme since 2006 and acquired over 140 000 square kilometres of data. This latest survey will collect high-res
Okeanus Science & Technology has expanded its portfolio of survey equipment with three side scan sonars from Klein Marine Systems. Specifically, Klein has delivered its System 4900, System 4000, and MA-X View 600 side scan sonars. The 300 metre rated 4900 systems operate with dual, simultaneous freq
Vermilion Ireland is planning an inspection repair and maintenance campaign of the Corrib pipeline and associated infrastructure. The work scopes include offshore pipeline and subsea structure inspection, engineering work on well P3. Weather permitting, the works should start on 6th May 2020 and wil
Fugro and International Ocean Vessel Technical Consultant (IOVTEC) have established a joint business entity in Taiwan. The move follows the companies’ cooperation in the offshore wind sector in Taiwan over the last few years. Fugro and IOVTEC have been serving Taiwan’s emerging offshore wind market
Neptune Marine Services, MMA Offshore’s subsea business, recently completed campaign for Oil Search Limited (OSL) in Papua New Guinea. The five-week work scope comprised of inspection, repair and maintenance (IRM) work on OSL’s assets in the Kumul Field, with work carried out from chartered vessel,
Marine survey specialist EGS has launched the latest addition to its fleet of multipurpose survey vessels, the Bold Explorer. The Bold Explorer is a former Stalwart-class vessel from the US Navy. It is also the sister ship of the Geo Resolution who joined the EGS fleet in 2014. The conversion of the
