McDermott in Two New Diving Projects
McDermott has secured a contract to provide air and saturation diving services for two projects. The first project will see McDermott remove and replace a single 24 inch (61 centimeters) subsea hose string to a single buoy mooring (SBM) and pipeline end manifold (PLEM) for Southern Africa’s crude oil refinery operated by SAPREF, located off […]
Fugro in Brazilian Hydrocarbon Seeps Study for TGS
Fugro has started hydrocarbon seeps survey for TGS offshore Brazil. Two purpose-built vessels, Fugro Brasilis and Fugro Searcher, have been deployed to acquire high-resolution multibeam echosounder and sub-bottom profiler data in the Campos and Santos Basins. The survey is designed to mirror TGS’s 2016-2017 Gigante and Otos projects in the Gulf of Mexico in which […]
EMEC Hires Leask Marine for Tidal Foundation Tripod Removal
The European Marine Energy Centre (EMEC) has contracted Orkney-based Leask Marine to remove a tripod foundation from EMEC’s Fall of Warness tidal energy test site. The operation will feed into a collaborative FORESEA-funded project called Forensic Decommissioning for Tidal Energy Converters (FoDTEC), involving Blackfish Engineering Design, the International Centre for Island Technology (ICIT), Rovco, and […]
INTERVIEW: Global OCV Fleet Worth Close to $27 Billion
VesselsValue, the online platform for valuation, AIS and market intel service for the maritime and offshore sectors, is publicly launching its Offshore Construction Vessel valuations in May this year. Subsea World News interviewed Charlie Hockless – VV’s Head of Offshore to learn more about the new service, what was the criteria for value estimates, who’s got […]
Lankoforce Provides Riser Tethers for Layang Field in Malaysia
Offshore mooring rope specialist, Lankhorst Euronete Portugal, has supplied Lankoforce synthetic riser tethers to Dialog for the Layang field development in Malaysia. The three riser tethers use Dyneema DM 20, a high modulus polyethylene (HMPE) rope, for permanent subsea anchoring of flexible risers and flowlines. Each of the Layang development riser tethers […]
Houston Mechatronics Rolls Out AUV-ROV Shapeshifter
Houston Mechatronics has unveiled its new subsea robot – Aquanaut. The Aquanaut is a multipurpose subsea robot which employs a patented shape-shifting transformation from an autonomous underwater vehicle (AUV) to a remotely operated vehicle (ROV). The vehicle enables both the collection of data over long distances as well as manipulation of subsea […]
Blue Water, Endurance Exploration Continue SS Pulaski Salvage
Blue Water Ventures International and Endurance Exploration Group have extended their agreement concerning the salvage of the shipwreck believed to be the SS Pulaski. The new agreement runs through the end of 2018 and ensures that salvage operation will continue without interruption as the 2018 recovery season begins. Recent recovery efforts by […]
OFG, Fukada Finalize Gas Hydrate CSEM Survey in Japan
Ocean Floor Geophysics (OFG), in cooperation with Fukada Salvage and Marine Works (Fukada), has completed a third high resolution controlled source elctromagnetic (CSEM) survey of near surface gas hydrates in Japanese waters for the National Institute of Advanced Industrial Science and Technology (AIST). The company used the Scripps Institution of Oceanography Vulcan system for the survey. The […]
Aker Solutions Boosts Profits | Subsea World News
Aker Solutions has seen its profit go up by some 70 per cent as it generated net income of NOK 105 million, or NOK 0.31 in the first-quarter 2018, versus net income of NOK 62 million, or NOK 0.23 same time last year. The Norwegian services company generated revenue of NOK 5.5 […]
PGS Narrows Quarterly Deficit | Subsea World News
Petroleum Geo-Services (PGS), reported net loss for the fourth quarter ended March 31, 2018 of $40 million versus $106 million in the prior-year quarter. Basic loss was 12 cents per share, narrowed from 32 cents per share same time last year. Norway-based PGS generated revenues of $201 million for the Q1 2018, […]