Akastor Plunges Deeper into Red

Akastor-Stays-Down

Oilfield services investment company, Akastor, has booked a first-quarter 2016 loss on sharp decline in revenues ...

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Halliburton and Baker Hughes Call Off Merger Deal

Dave Lesar, chairman and CEO of Halliburton

Halliburton and Baker Hughes have terminated the merger agreement they entered into in November 2014, effective ...

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Decom North Sea Presents New Chief Executive

Decom North Sea Presents New Chief Executive

Decom North Sea (DNS), the representative body for the offshore decommissioning industry, has appointed Roger Esson ...

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New Cable Layer for New Jobs

New Cable Layer for New Jobs

A new cable laying vessel, under construction by Kleven in Ulsteinvik, Norway for Swiss-based cable specialist ABB, ...

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SeaBird’s Osprey Explorer Secures Work in North Sea

SeaBird's Osprey Explorer Secures Work in North Sea

SeaBird Exploration, a provider of seismic data acquisition, has signed an agreement to supply one source vessel ...

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TGS, PGS Team Up on Eastern Canada Seismic

TGS, PGS Team Up on Eastern Canada Seismic

TGS, in partnership with PGS, plans to acquire more than 36,000 km of 2D seismic data offshore Eastern Canada ...

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Highlights of the Week

Highlights-of-the-week27-2

Subsea World News has put together a recap of the most interesting articles from the previous week (April 25 – ...

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Olympic, Boa Marine in Dispute over Olympic Boa

Olympic, Boa Marine in Dispute over Olympic Boa

Boa Marine Services has made an early re-delivery of Olympic Boa, a multi-purpose subsea support and construction ...

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VIDEO: Fabrication of Culzean WHP Jacket

VIDEO Fabrication of Culzean WHP Jacket

The video shows the construction of the wellhead platform jacket for Maersk Oil’s Culzean field, located ...

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CCB Gets Statoil Subsea Equipment Maintenance Job

Coast Center Base. Photo: Pål Bentdal

Coast Center Base (CCB) has signed a nationwide contract with Statoil for the maintenance of subsea equipment and ...

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Fugro to Cut 600 More Jobs

Fugro to Cut 600 More Jobs

Fugro, a subsea and survey specialist, plans to reduce its workforce for additional 600 positions in the coming ...

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Shell Gets Consent to Use Subsea Wells on Draugen

Shell Gets Consent to Use Subsea Wells on Draugen

Norske Shell has received consent to use two subsea wells on Draugen field. Shell is the operator of Draugen oil ...

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Olympic Delta Secures Work in Renewable Sector

Olympic Delta Secures Work in Renewable Sector

Olympic Shipping has secured a contract for Olympic Delta, an inspection, maintenance and repair (IMR) vessel, ...

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Forum Posts Quarterly Loss

Forum Posts Quarterly Loss

Houston-based oilfield products company, Forum Energy Technologies, has recorded a net loss of $23 million ...

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US Navy Shifts R/V Melville to Philippine Navy

Photo: Shipspotting

U.S. Navy transferred ownership of the research vessel (R/V) Melville to the Philippine Navy, during a ceremony at ...

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Sonardyne Supports Guidance Marine in Brazil

Sonardyne Supports Guidance Marine in Brazil

Guidance Marine has signed a memorandum of understanding (MoU) with Sonardyne Brazil to provide support for its ...

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OFG Appoints SPS as Malaysian Representative

Kowalczyk and Sjoberg signing the agreement.

Ocean Floor Geophysics (OFG) have appointed Salcon Petroleum Services (SPS) as their agent in Malaysia. The ...

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Technip Posts Profit Rise

Technip Posts Profit Rise

French oil services provider, Technip, posted net income of €114.4 million for the first quarter 2016 compared to ...

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McDermott Completes Otis Subsea Tieback for LLOG

McDermott Completes Otis Subsea Tieback for LLOG

McDermott International has completed the deepwater subsea tieback from the Otis well to the Delta House floating ...

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PHOTO: Siem Names New Cable Laying Vessel

Siem Aimery

Siem Offshore’s new cable laying vessel, Siem Aimery, was named on Wednesday at the Remontowa Shipyard in Gdansk, ...

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Subsea 7 Stacks Two More Vessels

Subsea 7 Stacks Two More in Q1 2016

Oil services company, Subsea 7 has recorded a net income of $147 million in the Q1 2016 compared to $151 million in ...

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Another Mission Needed for El Faro VDR Recovery

Photo: US Coast Guard

The team aboard the research vessel Atlantis who located the sunken El Faro’s voyage data recorder (VDR) has ...

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Kongsberg Equipped KRI Spica Goes to Indonesian Navy

Photo: Shipspotting

The second of two oceanographic and hydrographic vessels designed and built by OCEA in France for the Indonesian ...

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Aker Solutions Profit Falls

Aker Solutions Posts Q1 Loss

Aker Solutions has reported a net income of NOK 169 million in the first quarter 2016 versus net income of NOK 220 ...

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WFS Appoints UK Sales Manager

WFS Appoints UK Sales Manager

WFS Technology has appointed Graeme Slater as Sales Manager for the UK, Australia and SE Asia.  Since joining the ...

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NERC Invests into NOC Autonomous Systems

NERC Invests into NOC Autonomous Systems

UK’s Natural Environment Research Council plans to invest £15 million in marine autonomous systems (MAS) and ...

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Loss Grows for Baker Hughes

Baker Hughes

Baker Hughes, has seen its quarterly net loss widen by some 66% compared to the first quarter 2015 results as its ...

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