Baker Hughes Bags Apache Subsea Deal
Baker Hughes said that is has been awarded a multi-year subsea frame agreement by Apache’s North Sea subsidiaries. The deal will see Baker Hughes deliver a suite of subsea equipment and services including six trees, wellheads and an associated service package. Romain Chambault, Europe director, oilfield equipment, Baker Hughes, said: “We are […]
Horizon Geosciences Deploys Geotechnical Spread in Poland
Horizon Geosciences has recently mobilized its K3 offshore geotechnical site investigation spread on its first project offshore Poland. The rig has been mobilized to DP2 vessel Kommandor Susan owned and operated by Hays Ships. Horizon’s K3 geotechnical drilling system is the fourth offshore heave compensated rig to be brought into service by […]
EMGS Swings to Profit | Subsea World News
Norwegian geophysical services company EMGS has returned to profit as revenues hiked mored than fourfold for the period ended September 30, 2019. The Oslo-listed company reported profit for Q3 2019 of $5.1 million or 4 cents per share, versus loss of $11.2 million in Q3 2018. Revenues for the quarter rose at […]
SeaBird in Strategic Overhaul as Loss Continues
Oslo-listed SeaBird said it will focus on a more asset-light and flexible business model after recognizing a continuous widened quarterly loss. For the period ended September 30, 2019, seismic player booked loss of around $5.1 million, compared to loss of $4.6 million in the corresponding period in 2018. SeaBird generated Q3-2019 revenues of $16 million, […]
Helix Takes Delivery and Names Q7000 Well Intervention Vessel
Helix Energy Solutions has taken delivery of Q7000 well intervention semi-submersible rig from Sembcorp Marine, and held its naming ceremony together with Huisman. Measuring 93.6m in length and 61.1m in breadth, the Q7000 was jointly designed by Sembcorp Marine and Helix. The vessel can perform a wide range of production enhancement operations […]
UNITECH Cable and Grid Connection for Tetraspar Demonstrator Project
Tetraspar Demonstrator Project has signed a supply contract with UNITECH Offshore for a dynamic power cable and grid connection for the full-scale floating wind turbine demo outside Karmøy 2020. Tetraspar Demonstrator Project is a joint project for the demonstration of the TetraSpar floating wind turbine technology between Innogy SE, Shell and Stiesdal […]
TGS, DUG Geo and Polarcus in Malay Basin Survey
TGS has signed a contract with PETRONAS awarding TGS and partners the exclusive rights to seek pre-funding for a broadband 3D project covering over 40,000 sq km in the Malay Basin. The resulting Peninsular Malaysia Mega-Merge seismic dataset will comprise both broadband reprocessing of existing legacy 3D data from field tapes, as well as new […]