Telxius and Amazon Web Services Ink MAREA Subsea Cable Deal
Telco infrastructure company Telxius announced that Amazon Web Services (AWS) has signed an IRU agreement for the use of a fibre pair on MAREA, the transatlantic submarine cable partially owned by Telxius. MAREA subsea cable system connects Virginia Beach, United States of America, and Sopelana, Spain. Telxius opened MAREA for business in […]
CGG Extends Gabon Seismic Coverage
CGG has decided to extend its Gabon multi-client data footprint with a 9,800-km long-offset 2D seismic survey in an unexplored deepwater area of the South Basin. A subset of the data over the offered license blocks will be available in advance of Gabon’s 12th offshore licensing round planned for June 2019. The new […]
Schlumberger Posts $1.53 Full-Year EPS
Schlumberger has bounced back in black in the fourth quarter of 2018, against last year’s Q4 loss of $2.25 billion that was booked following restructuring and asset writedown charges. The oilfield services giant generated quarterly profit of $538 million, or 39 cents per share, on relatively flat Q-on-Q revenue of $8.2 billion. […]
Oceaneering Scores $80M Umbilicals Hat-Trick
Oceaneering has recently secured three subsea umbilical contracts valued in excess of $80 million in total. The contracts, with undisclosed international operators, are to supply developments in the Mediterranean Sea, the North Sea and the South China Sea. Two contracts are for electro-hydraulic, steel tube production control umbilicals, measuring approximately 66 miles […]
Sandvik Bags $111M in Tubular Orders
Sandvik Materials Technology has received several orders for advanced tubes for the oil and gas industry. The contract has a combined value of about 1 billion SEK ($111 million), with the majority being for umbilical tubes. Orders were booked in the first quarter of 2019 and deliveries are scheduled as from the […]
Telstra Launches Continuous Subsea Connection Service
Telstra, together with Ericsson and Ciena, has announced a new restoration service on its busiest subsea cable routes in Asia, to help keep customers continuously connected. The new continuous connection service combines the vast scale and diversity of Telstra’s subsea cable network, with flexible programmable infrastructure technology through Ciena’s GeoMesh Extreme solution. Continuous connection builds […]