Subsea Innovation bags Pipe-In-Pipe Waterstop deals
Subsea Innovation has won multiple contracts across the offshore oil and gas sector to supply Pipe-In-Pipe Waterstop SISeals. Specifically, over the past six months, Tekmar company landed four contracts to supply SIStop Waterstop Seals to two offshore contractors. Two of the contracts will also include the supply of Subsea Innovation’s Next Generation Seal design. Waterstop […]
More red ink for Mermaid
Subsea and drilling services provider Mermaid has reported net loss of $10.3 million for the three-month period ended 31 March 2020. This result compares with loss of some $4 million in the corresponding period in 2019. The Singapore-listed company generated quarterly revenue of $22.2 million, versus $26.2 million in Q1 2019 – down some 15 […]
BSH awards geophysical survey contract for German offshore wind zone
Germany’s Federal Maritime and Hydrographic Agency (BSH) has awarded Fraunhofer IWES with a contract to carry out geophysical site investigation in the N-6 offshore wind area. The geophysical survey is set to be conducted this summer as part of the geological preliminary investigation at the N-6.6 and N-6.7 areas in the North Sea. The work includes the […]
PGS releases Côte d’Ivoire GeoStreamer data
Marine geophysical firm PGS has released new multi-azimuth GeoStreamer 3D for Côte d’Ivoire. This 900-square-kilometre survey should provide increased resolution and sharper imaging of Upper Cretaceous plays in Côte d’Ivoire block CI-706. Recently completed final depth processing has improved illumination of the block, adding a second azimuth to existing GeoStreamer data. Processing of the latest […]