Four Companies Get PSA Manned Underwater Ops Approval

Aker BP, ExxonMobil, Gassco and Statoil have received a consent for manned underwater operations in 2017 from ...

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Magseis Hikes Revenues

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

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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. ...

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Balfour Beatty, Prysmian to Install ElecLink Cable

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

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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 ...

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Red Ink for SeaBird

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

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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 ...

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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 ...

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FID for Leviathan Project

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

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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, ...

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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 ...

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OIL, Paladon in PLEM Autonomous Shutdown Valve Deal

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

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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 ...

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Deep Ocean Engineering Unveils Its New Inspection ROV

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

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Aker BP Gets Approval to Connect Oda to Ula Field

Petroleum Safety Authority (PSA) Norway has granted Aker BP consent to connect the Oda field to the Ula field. The ...

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Prysmian Cables to Connect Three French Wind Farms

Prysmian has secured a contract worth more than EUR 300 million with Reseau de Transport d’Electricité (RTE) ...

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McDermott Narrows Q4 Loss and Delivers Profit in 2016

Houston-based McDermott posted quarterly net loss of $0.5 million, or $0.00 per fully diluted share, compared to ...

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Allseas to Build Second String of TurkStream Pipeline

South Stream Transport, a wholly-owned subsidiary of Gazprom, and Allseas Group have signed a contract to build the ...

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McDermott Strengthens Subsea Fleet

McDermott has confirmed the acquisition of the newly-built pipelay and construction vessel Amazon to boost ...

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Fugro to Undertake Seeps Survey Off Kenya

Fugro has been awarded a contract by Shell/BG Kenya for the execution of a seabed survey to detect natural leakages ...

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Helix Reduces Losses Despite Revenue Drop

Offshore services player Helix Energy Solutions has seen red in the fourth quarter of 2016 on impairment charges ...

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CGG Wins Brunei Shell Petroleum Contract

CGG has been awarded a contract by Brunei Shell Petroleum to operate a dedicated processing center (DPC) at its ...

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Pharos Beefs Up Its Trenching ROV

Pharos Offshore has recently completed the development and enhancement of a 2,500-meter rated SMD-built tracked (or ...

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Oceanica Takes Delivery of DSV Newbuild

The second of a pair of 43-meter monohull dive support vessels (DSV), the Oceanicasub V, has been delivered by ...

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DOF Subsea Swings to Quarterly Loss

DOF Subsea, a subsidiary of DOF Group, reported net loss in the fourth-quarter 2016 (Q4 2016) of NOK 430 million ...

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Superloop Completes TKO Express Subsea Cable

Superloop has completed the installation of TKO Express submarine cable between Chai Wan on Hong Kong Island and ...

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WATCH: Subsea Snake Robot Takes Shape

Eelume AS has released the first live video footage of its snake-like underwater intervention vehicles. With the ...

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