Magseis Hikes Revenues

Norwegian seabed seismic services player, Magseis, has bounced back in black at the end of the fourth quarter ...

read more →

Fugro Cuts Over 3000 Jobs in 2 Years

Fugro has axed over 3000 jobs in the past two years due to continuous downturn in the oil and gas services market. ...

read more →

Balfour Beatty, Prysmian to Install ElecLink Cable

Balfour Beatty in consortium with Prysmian Group has been awarded approximately EUR 219 million contract by ...

read more →

Siemens Converter Stations for Channel Tunnel Power Link

Siemens has been awarded a contract worth approximately EUR 315 million from ElecLink, a subsidiary of Groupe ...

read more →

Saipem Sinks to €2.1 Bln Loss

Saipem has plunged deeper into the red as longer-than-expected market recovery led to massive writedowns and ...

read more →

Red Ink for SeaBird

Oslo-listed SeaBird has seen more red ink in the fourth-quarter 2016, on sharp revenue drop due to lower ...

read more →

SeaBird’s Harrier Explorer to Conduct Caribbean Survey

SeaBird Exploration, a seismic data acquisition company, has signed an agreement to provide a 2D seismic vessel for ...

read more →

Ecosse Appoints Commercial Manager

Ecosse Subsea Systems (ESS) has appointed Iain Middleton to the newly created role of commercial manager. In a ...

read more →

Minesto to Lease Stena Line's Assembly Hall for Deep Green

Stena Line has committed to build an assembly hall at the port in Holyhead, Wales, to be leased to Minesto for ...

read more →

JFSE's Trenching Solution for SapuraKencana Pipeline Project

James Fisher Subsea Excavation (JFSE) has developed a new tool capable of trenching large diameter pipelines in a ...

read more →

TGS and Schlumberger in New GoM Reprocessing Project

TGS and Schlumberger have begun a new multi- and wide-azimuth (M-WAZ) multiclient reimaging program in the Central ...

read more →

Wood Group Launches Next Phase of SEAR JIP

Wood Group has started the next phase of the Subsea Equipment Australian Reliability joint industry project (SEAR ...

read more →

FID for Leviathan Project

Partners in the Leviathan project offshore Israel have adopted the final investment decision for the first phase ...

read more →

Fugro Subsea and DOF Ink Skandi Olympia Contract

Fugro Subsea Services and DOF have signed a new six month contract plus options for construction support vessel ...

read more →

OGA Starts Well P&A Optimisation Programme

The Oil and Gas Authority (OGA) has launched a search for operators to voluntarily participate in a multi-operator, ...

read more →

OWA Debuts Project to Optimise Design of Jacket Foundations

The Carbon Trust’s Offshore Wind Accelerator has launched a new £2.4 million project, ‘Improved Fatigue Life ...

read more →

Nova Innovation Deploys 3rd Turbine at Shetland Tidal Array

Nova Innovation has deployed a third turbine at the grid-connected Shetland Tidal Array project. Edinburgh-based ...

read more →

OIL, Paladon in PLEM Autonomous Shutdown Valve Deal

Offspring International (OIL), has signed a global agency agreement with valve actuator and control systems ...

read more →

Ashtead Expands Its iXblue Ramses Fleet

Ashtead Technology has expanded its fleet of iXblue Ramses subsea navigation systems. The iXblue Ramses can be used ...

read more →

SapuraKencana Inks $1.5 Bln Financing Deal

SapuraKencana has completed the signing of a 7-year multi-currency financing facilities of approximately USD 1.5 ...

read more →

Sif to Provide Monopiles for EnBW Hohe See OWF

Sif Holding has secured a contract from GeoSea for the production of 71 monopiles and all the transition pieces for ...

read more →

AKVA Group Slips into Red

Norwegian equipment provider for aquaculture industry, AKVA group, has completed fourth quarter in red, ...

read more →

iSURVEY Bags Shell Contract

iSURVEY has secured a non exclusive call-off contract with Shell UK, Shell NAM, Norske Shell and Shell E&P ...

read more →

Wood Group Takes Profit Dive

Oilfield services player Wood Group has seen its profit in 2016 chopped by some 62 percent against prior comparable ...

read more →

Rovco Wraps Up Two Survey Projects

UK-based start-up Rovco has completed two subsea survey contracts in Southeast Asia and the Middle East. Rovco ...

read more →

Eidesvik Names New Chief Financial Officer

Norwegian vessel owner, Eidesvik Offshore, has appointed Thor Krukhaug as a chief financial officer. He comes from ...

read more →

Deep Ocean Engineering Unveils Its New Inspection ROV

California-based ROV and USV manufacturer, Deep Ocean Engineering, has introduced the latest addition to its ...

read more →