Jan De Nul Supplies Foundations for Formosa 1 Phase 2 OWF
Jan De Nul has signed a contract in Taiwan for the design, procurement and installation of the wind turbine foundations for the Phase 2 of the Formosa 1 offshore wind farm. The wind farm is owned by Formosa Wind Power, a partnership of Macquarie Capital Group (50%), Ørsted (35%) and Swancor Renewable […]
Tendeka Demonstrates PulseEight in North Sea
Tendeka has demonstrated its PulseEight wireless technology in partnership with the Oil & Gas Technology Centre (OGTC) in the North Sea. In partnership with OGTC, Tendeka completed phase one of a project to install and test PulseEight as an insert safety valve. The device detected a number of simulated emergency events and […]
CGG Swings to Profit After Restructuring
French geoscience expert CGG has reported net profit of $647 million for the quarter ended March 31, 2017, against net loss of $145 million same time last year. For the third quarter 2017, the company generated $246 million in revenue and operating income of negatine $67 million, against revenue of $249 million and operating income […]
Intertek Supports UK-Ireland Greenlink Interconnector
Intertek has been appointed by Greenlink Interconnector Limited, a subsidiary of Element Power, to provide marine environmental and planning support for the Greenlink Interconnector between UK and Ireland. Greenlink Interconnector is a proposed €400 million electrical underground and submarine interconnector spanning 170 km with a capacity of 500MW, linking the power markets […]
Gardline Surveys Inc. Becomes Ocean Geo Solutions
The company formerly known as Gardline Surveys Inc. has been renamed to Ocean Geo Solutions. The Gardline group was acquired by the Dutch company Boskalis in August of 2017. As part of the subsequent re-structuring, the data interpretation and consultancy business based in Houston has become an independently owned and managed company […]
Faroe Wraps Up Sale of Interest in Fenja Field to Suncor
Faroe Petroleum has completed the sale of its 17.5% working interest in the Fenja development located in PL586 in the Norwegian Sea to Suncor Energy Norge. Following the sale, Faroe retains a 7.5% working interest in the field. The cash consideration received by Faroe for the sale of the Fenja interest is […]
OceanGate Postpones Titanic Survey After Trial Setback in Bahamas
OceanGate, a provider of manned submersible services, has rescheduled its 2018 Titanic Survey Expedition to the summer of 2019. To conduct the first manned expedition to Titanic since 2005, OceanGate built Titan, its newest 5-person submersible that is designed to dive to depths of 4000 meters (2.5 miles). The final phase of preparation for the […]
Swagelining Qualifies Its Polymer Lining Connector with DNV GL and Equinor
Swagelining’s LinerBridge technology, the world’s first all-polymer lining connector that removes the need for corrosion resistant alloy (CRA) welding, has completed DNV GL technology certification. Equinor, formerly known as Statoil, has also granted the technology approval for use in water injection applications worldwide. Swagelining says the innovative connector offers an alternative to conventional CRA connectors […]
Red Numbers for Eidesvik | Subsea World News
Norwegian vessel owner Eidesvik Offshore has posted quarterly loss of NOK 51 million (approximately $28 million) or NOK 1.14 per share, against profit of NOK 135 million (approximately $65 million) or NOK 4.49 per share for the quarter that ended on March 31, 2017. In the first-quarter 2018, Eidesvik generated revenues of […]
ASV/AUV Survey System on Trials in Loch Ness
ASV Global is leading a collaborative research project called ‘Autonomous Surface and Sub-surface Survey System’ (ASSSS), which aims to deliver an integrated system for shore-based, full water column marine surveys using multiple unmanned systems. The project, part funded by Innovate UK, hopes to encourage wider adoption of unmanned systems. The project combines the advantages of […]