STR Boosts Rental Pool with Innomar Equipment

Subsea Technology and Rentals (STR) has further expanded its rental equipment inventory with the Innomar SES-2000 medium-100 parametric sub-bottom profiling systems. The Innomar SES-2000 medium-100 is designed for offshore applications down to 2,000 meters water depth and comes with the option to mount the transducer either over-the-side of a vessel or in […]

First Marine Solutions Boosts Management Team

First Marine Solutions (FMS) has made two senior appointments to bolster the company’s global growth plans. Dave McGinlay and Paul Crichton join the Aberdeen based mooring services provider as business development director and sales and marketing manager, respectively. Dave joins FMS having held key roles within the oil and gas sector for over […]

WFS, University of Aberdeen, OGIC Join Forces in New Project

WFS Technologies, University of Aberdeen and OGIC have started joint technology project to design and build the ExtremeEdge On-line Monitoring (OLM) system for subsea and offshore platform structures. Utilizing the ExtremeEdge distributed computing architecture, the project will deliver the first generation of dynamic, real time fatigue monitoring system driven by AI and designed to deliver […]

Teledyne Gavia Wraps Up AUV Magnetometer Testing

Teledyne Gavia, manufacturer of the Gavia autonomous underwater vehicle (AUV), has completed trials of the AUV self-compensating magnetometer from Ocean Floor Geophysics (OFG). Following¸the integration and field trials in Iceland of the OFG self-compensating magnetometer (SCM) on the Teledyne Gavia AUV the sensor system is now being offered as part of the […]

FSubsea Adds New VP Products

Fuglesangs Subsea (FSubsea) has appointed Terje Hollingsæter as vice president Products, effective early May. Terje comes from the position of global chief engineer Pumps at TechnipFMC, where he for several years has led the development and integration of subsea boosting systems. Terje brings more than 20 years’ experience of working in leading technical roles […]

Forum Posts $0.25 EPS After Special Items

Forum Energy Technologies recorded profit in the first-quarter 2018 of $28 million, or 25 cents per diluted share, compared to net loss of $15.8 million, or 16 cents per diluted share, for the prior-year comparable period. Sequentially, Forum recognized close to 43 percent drop in profit from 46 cents per share. The […]

Marine Hub Cornwall, Marine Energy Wales Form Partnership

Marine Hub Cornwall – set up to help grow the marine industry in the county and to promote its marine capabilities – has formally agreed a new collaboration with Marine Energy Wales. The two organisations have signed a memorandum of understanding to work together on areas of common interest and to share […]

Nautilus in Solwara 1 Delay as Ship Construction Sits Idle

Toronto-based underwater mineral exploration company Nautilus Minerals has informed that the construction of its chartered production support vessel has halted pending the resolution of the default situation by MAC Goliath. MAC Goliath, the purchaser of the vessel, had failed to pay the third installment of the contract price (approximately $18 million plus interest) to Fujian […]

Pioneering Spirit Delivers First Line of TurkStream

The deep-water pipelay for Line 1 of the TurkStream offshore gas pipeline across the Black Sea has been completed. The average rate of the deep-water pipelay carried out by the pipelaying vessel Pioneering Spirit was 4.3 km/day. The maximum pipelaying rate – 5.6 km/day – was reached twice in February 2018. In accordance […]

BMT Wins Environmental Support Deal on Galapagos Field

BMT has secured a master services agreement to provide environmental support for UKCS operator, Bridge Petroleum Limited (Bridge), as part of its field development work for the large Galapagos Field situated in the East Shetland basin. Under this new contract, BMT will complete the necessary Environmental Impact Assessment (EIA) to facilitate the […]