McDermott Shrinks Loss as Revenue Grows

McDermott Shrinks Loss as Revenue Grows

McDermott reported that its first-quarter 2016 loss narrowed some 85 per cent on better-than-expected revenue ...

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More than 170 Jobs Lost as Harkand Goes Under

More than 170 Jobs Lost as Harkand Goes Under

Over 170 employees will have to go as Harkand’s European business (based in Hammersmith and Aberdeen) is to ...

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McDermott Bags Three EPCI Projects in Arabian Gulf

McDermott Bags Three EPCI Projects in Arabian Gulf

McDermott International has been awarded three separate projects by an unnamed national oil company for the ...

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JFD NHC Launches New Diver Medical Training Course

JFD NHC to Improve Diver Safety with New Medical Training Course

JFD, formed by the merger of James Fisher Defence and Divex, has launched the offshore medic diving awareness ...

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IIG and Cabot in Subsea Insulation Deal

IIG and Cabot in Subsea Insulation Deal

Johns Manville Industrial Insulation Group (IIG) and Cabot Corporation have reached an agreement that should enable ...

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Harkand Goes Bust

Harkand Goes Bust

IMR and light construction player Harkand has entered into administration after it, earlier this year, defaulted on ...

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DNV GL Initiates Seven New Subsea JIPs in North America

DNV GL Initiates Seven New Subsea JIPs in North America

DNV GL is leading seven new joint industry projects (JIP) in the North American region in 2016 to find solutions to ...

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Minesto Orders SRP’s Bottom Joint System for Deep Green

Minesto Orders SRP's Bottom Joint System for Deep Green

Minesto has ordered a modified version of Subsea Riser Products’ (SRP) Rocksteady bottom joint system, for ...

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DNV GL Aims to Slash P&A Costs with New Recommended Practice

DNV GL Aims to Slash P&A Costs with New Recommended Practice

DNV GL has issued a new Recommended Practice (RP) on risk-based abandonment of offshore wells which in combination ...

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Neptune Takes MV Offshore Guardian on Charter

Photo: Shipspotting

Neptune has signed a 12 month vessel charter for the 34 meter DP1 MV Offshore Guardian, with Guardian Offshore AU ...

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Scientists Study Oil Spill Effects on Deep Sea Ecosystems

MAC-EXP device

Scientists from the University of Aberdeen are due to sail to the North Atlantic to test research equipment that ...

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Kraken in CAD 400K Defence Deal

Kraken

Kraken Sonar Systems has invoiced a major European defense contractor for over CAD 400,000. Proceeds are expected ...

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Westcon Clinches Statoil Subsea Maintenance Deal

Westcon Clinches Statoil Subsea Deal

Westcon has been awarded a maintenance contract for subsea tools and equipment at all Statoil base locations in ...

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Nexans’ Cables for Arkona Offshore Wind Farm

Nexans' Cables for Arkona Offshore Wind Farm

Nexans Deutschland’s Hanover plant will supply 76 kilometers of energy cables to E.ON for the Arkona offshore ...

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Subsea in April

Subsea in April

Subsea World News has gathered all the highlights to bring you a summarized version of the most popular articles ...

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Spectrum Wraps Up Somalia Seismic Shoot

Spectrum Wraps Up Somalia Seismic Shoot

Spectrum has completed 2D seismic acquisition offshore south Somalia. The company has acquired around 20.582 line ...

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GE Equips Two New Hornbeck Offshore MPSVs

Photo: Eastern Shipbuilding

GE has been selected by Hornbeck Offshore Services (HOS) to equip its two Jones Act-qualified multipurpose supply ...

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Xodus Scoops Lundin Framework Agreement

Steve Swindell, Xodus

Xodus Group has been awarded a framework agreement by Lundin Norway to provide engineering studies and verification ...

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E-marine Nets Bay of Bengal Gateway Contract

Omar Jassim Bin Kalban

E-marine, a provider of submarine cable solutions in the Middle East, has secured a maintenance contract for the ...

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SeaBird Stays in Black

SeaBird Stays in Black

Oslo-listed SeaBird remained in profit at the end of the first quarter 2016, despite weak seismic demand, but still ...

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Briggs Gets Oil Spill Lead Contract for BP's FPS

Briggs Gets Oil Spill Lead Contract for BP's Forties Pipeline

Briggs Environmental Services has received a five-year contract from BP to act as its oil spill lead across the ...

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Bourbon Revenues Slip

Bourbon Revenues Slip

Bourbon has posted lower adjusted revenues for the quarter ended March 31, 2016 caused by the continuing market ...

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First Oil Flows from Aje Field in Nigeria

First Oil Flows from Aje Field in Nigeria

Panoro Energy together with the operator of OML 113, Yinka Folawiyo Petroleum Company, announced the start of the ...

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ION’s OceanGeo Gears Up for Survey Off Nigeria

Photo: OceanGeo

ION Geophysical’s ocean bottom seismic (OBS) company, OceanGeo, is mobilizing its vessels and crew for ...

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Plexus Secures Its Ninth Order from Det norske

Plexus Secures Its Ninth Order from Det norske

Plexus has received its ninth purchase order since 2012 from Det norske oljeselskap to supply surface wellhead and ...

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Aker Solutions Recognized for Engineering Achievement at OTC

subsea_electric_actuator_01_1920x1080

Aker Solutions has won an engineering achievement award at the OTC conference in Houston for its El-drive subsea ...

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Saipem Bags USD 1.3 Bln Shah Deniz Gig

Saipem Bags USD 1.3 Bln Shah Deniz Gig

Saipem and its consortium partners Bos Shelf and Star Gulf have secured USD 1.5 billion Shah Deniz Stage 2 contract ...

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