Jumbo Sets Up Moheshkhali FSRU Mooring System
Heavy lift shipping and offshore transportation & installation contractor Jumbo has completed work on the first LNG import terminal in Bangladesh. In 2017 Jumbo was awarded a contract by Geocean for the Moheshkhali Project. The Moheshkhali floating liquefied natural gas import terminal is being developed offshore Moheshkhali Island in the Bay of […]
Subsea 7 Cleared to Dive at Oda Field
Spirit Energy has received consent from Petroleum Safety Authority (PSA) Norway for manned underwater operations on the Oda field. The underwater operations will be carried out by Spirit Energy’s contractor Subsea 7 using the Seven Falcon and Seven Atlantic diving support vessels. According to PSA, scheduled start-up is Q3 2018. The activities […]
Canada: COVE Signs Up First Tenants
Ocean innovators in Canada will soon have a new place to work and collaborate, with the Centre for Ocean Ventures and Entrepreneurship, known as COVE, set to open this spring. Five companies have signed tenant agreements for the new ocean hub located on the former Coast Guard site on the Dartmouth waterfront. Taylor Widrig, Halifax, […]
UK Schools Set for Subsea STEM Challenge Final
The final of a new initiative aimed at encouraging school pupils, aged 13 to 14 to consider a career in the subsea sector will take place in Aberdeen later this month. The STEM Challenge, led by Subsea UK and supported by The Smallpeice Trust, has seen teams of year nine students compete […]
KAUST – Fugro Alliance to Train Saudi Students in Marine Technology
Fugro’s new partnership with KAUST (King Abdullah University of Science and Technology) was marked recently with the inauguration of the KAUST – Fugro Center of Excellence for Marine Technology. The new center will provide training in ROV operations and hydrographic survey within the Kingdom as part of the Saudisation programme. KAUST’s facilities and location, on […]
IMCA to Update Inspectors on eCMID and DP Vessels at Spring Seminar
Two members of the International Marine Contractors Association (IMCA) Secretariat will be making contributions to the forthcoming eCMID Accredited Vessel Inspectors (AVIs) Seminar to be held on May 22 in London. IMCA’s Technical Manager, Mark Ford, will give an update on the eCMID system, while Captain Andy Goldsmith will look at the reactivation of DP […]
DNV GL New JIP Aims at Pipeline Installation Cost Savings
DNV GL is launching the second phase of a joint industry project (JIP) to develop a design guideline that complements current pipeline codes and standards. Phase 1 of the project has now completed and involved ShawCor LLC, McDermott, PAPE Engineering, Saipem, SVAP, Wasco, and Technip FMC. This developed numerical and analytical approaches to better understand […]
Universal Subsea Unveils Wellhead Isolation Cap
Universal Subsea has presented its patent-pending Wellhead Defender subsea isolation cap at the Rice Alliance Startup Roundup at OTC this year. “We are pleased to have been selected by The Rice Alliance to present at this year’s OTC Startup Roundup, which showcased 40 promising emerging energy technology companies,” said Sean Thomas, Founder & General Manager, […]
Minesto Sets Up Bottom Joint System for Deep Green Device
The bottom joint system that will be used to moor Minesto’s DG500 device to the seabed in Holyhead Deep, Wales has been installed onto the gravity-based foundation. The bottom joint functions as a locking mechanism between the power plant’s tether and the seabed foundation. It is also articulated in two axis, which […]
ION Geophysical Narrows Q1 Loss
ION Geophysical has reported revenues of $33.5 million in the first quarter 2018, a 3% increase compared to revenues of $32.6 million one year ago. ION’s net loss was $18.4 million, or $(1.44) per share, compared to a net loss of $23.3 million, or $(1.98) per share in the first quarter 2017. […]