Veripos Names New General Manager for EAME Region

Veripos Names New General Manager for EAME Region

Veripos has appointed John MacLeod as General Manager of its Europe, Africa and Middle East (EAME) Region. Based at ...

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Subsea 7 Profit Declines

Subsea 7 to Axe 2500 Jobs as Profit Declines

Subsea 7 announced revenue for the second quarter 2015 of $1.4 billion, a decrease of $553 million or 29% compared ...

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Stonehenge Protean WEC Enters Wet Testing Phase

Stonehenge Protean WEC Enters Wet Testing Phase

Stonehenge Metals Limited announces that the fully assembled workshop testing of the core energy conversion system ...

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Statoil Reports Profit Fall

Statoil Reports Profit Fall

Statoil delivered adjusted earnings of NOK 22.4 billion and adjusted earnings after tax of NOK 7.2 billion in the ...

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Carnegie, UWA Get Grant for Anchoring System Project

CETO 6

Carnegie Wave Energy Limited will partner with the University of Western Australia (UWA) on a $460,000 project part ...

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Aleron Subsea Expands into New Facilities

Aleron Subsea Expands into New Facilities

Aleron Subsea, a company specialising in ROV upgrades and renting, announced expansion into two additional ...

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IMCA Names New President

IMCA Names New President

Bruno Faure, Group Senior Vice President Subsea Projects and Operations at Technip, has taken over the role of ...

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Revenues Down for Forum Energy Technologies

Revenues Down for Forum Energy Technologies

Forum Energy Technologies announced second quarter 2015 revenue of $284 million, a decrease of $144 million, or ...

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WATCH: SSV Maersk Connector Launched at Damen

WATCH SSV Maersk Connector Launched at Damen

Senior representatives of Maersk Supply Service, DeepOcean UK and the Damen Shipyards Group gathered at Damen ...

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TLP Appoints Delivery Director for Swansea Bay Tidal Lagoon

TLP Appoints Delivery Director for Swansea Bay Tidal Lagoon

Mike Unsworth is to join Tidal Lagoon Power in August as Delivery Director for the Swansea Bay Tidal Lagoon.  He ...

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Tocardo, Mosscliff Establish MT Tidal

Tocardo, Mosscliff Establish MT Tidal

Tocardo International B.V, producer of tidal and free-flow water turbines, has reached an agreement with Mosscliff ...

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Cameron Q2 Profit Declines

Cameron Q2 Profit Declines

Cameron reported fully diluted earnings per share, excluding discontinued operations and other costs, of $0.83 for ...

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Weak Market Conditions Impact PGS' Performance

Weak Market Conditions Impact PGS' Performance in Q2

Petroleum Geo-Services’ (PGS) marine contract revenues and margin were negatively impacted by the weak market ...

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Oceaneering Cease BOP Manufacturing; Posts Profit Fall

Oceaneering Cease BOP Manufacturing; Posts Profit Fall

Oceaneering International generated net income of $65.5 million, or $0.66 per share, on revenue of $810.3 million. ...

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Seatronics Names New Group QHSE Co-ordinator

Seatronics Names New Group QHSE Co-ordinator

Seatronics Ltd, an Acteon company has appointed Joanne Keilloh as its new Group QHSE Co-ordinator based in ...

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VARD Starts Layoffs as Profit Falls

VARD Starts Layoffs as Profit Falls

Vard Holdings Limited (VARD) has faced a slowdown in activity at some yards during 2Q2015 as the overall weakness ...

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FMC Technologies Posts Revenue Drop

FMC Technologies Posts Revenue Drop

FMC Technologies reported second quarter 2015 revenue of $1.7 billion, down 15 percent from the prior-year quarter. ...

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Helix Energy Swings to Loss

Helix Energy Swings to Loss

Helix Energy Solutions Group reported a net loss of$(2.6) million, or $(0.03) per diluted share, for the second ...

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Bibby HydroMap Appoints New Operations Director

Bibby HydroMap Appoints New Operations Director

Bibby HydroMap has appointed Mick Slater as their new Operations Director. After 3 years with the company, Mick ...

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NorSea Group Names UK Finance Director

NorSea Group Names UK Finance Director

NorSea Group (UK) Ltd has appointed Karen Russell as its first UK Finance Director. Karen becomes the third ...

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Highlights of the Week

Highlights-of-the-week13-19

Subsea World News has put together a recap of the most interesting articles from the previous week (July 13 – ...

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STATS Wins Middle East EPRS Deal

STATS_Wins_Middle_East_EPRS_Deal

STATS Group has secured a 10-year contract in excess of $10 million (£6.5 million) with a major LNG operator in the ...

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Prysmian Cables for Normandie 1 Link

Prysmian Cables for Normandie 1 Link

Prysmian has been awarded a new contract by Jersey Electricity (UK) for the “Normandie 1” project to provide ...

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Fugro Secures Fehmarnbelt Geotechnical Survey

Fugro Secures Fehmarnbelt Geotechnical Survey

Fugro has been awarded the Geotechnical Verification Investigations 2015 programme by Femern, owner of the ...

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Genesis to Buy Enterprise GoM Pipelines and Services Business

Michael A. Creel, Enterprise CEO

Enterprise Products Partners has executed definitive agreements to sell its offshore Gulf of Mexico pipelines and ...

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VBMS Bags Normandie 1 Interconnector Setup Gig

VBMS Bags Normandie 1 Interconnector Setup Gig

VBMS has been awarded a contract by Jersey Electricity for the installation of an interconnector between Jersey, ...

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Harkand Gets Oaktree Boost

John Reed, Harkand CEO

Harkand’s key shareholder Oaktree Capital Management has invested an additional $25 million which should allow the ...

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