Wood Group Takes Profit Dive

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

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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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Eidesvik Names New Chief Financial Officer

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

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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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UK Engineers Advance to Ocean Discovery XPRIZE Semi-Finals

A team of subsea engineering experts representing the UK has advanced to the semi-finals in the $7-million Shell ...

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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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Boa Shipping Gets Gulmar Payment for Boa Rover Dispute

Boa Shipping , a wholly owned subsidiary of Norwegian shipowner Boa Offshore, has received approximately USD 16 ...

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Polarcus Shrinks Quarterly Deficit, Ends 2016 in Black

Seismic contractor Polarcus has posted quarterly loss on non-cash charges and revenues drop of some 35 percent when ...

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Forland Secures Work for Its Vessel During EMAS Standstill

Forland Subsea has entered into a time charter agreement with an undisclosed contractor for the Lewek Inspector ...

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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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Unique Group Presents Saudi Arabia Growth Plans

Unique Group announced growth plans in the Kingdom of Saudi Arabia and the wider Middle East. The Group has two ...

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OceanWorks Names New Operations Manager

OceanWorks International has appointed Andrea Macintosh to the position of operations manager effective ...

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AEUK Wins Contract for Two Submarine Hunting ARCIMS

Atlas Elektronik UK (AEUK) has secured an export contract award for its ARCIMS mission system with an undisclosed ...

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PHOTO: Ultra Deep Cuts Steel for DSCV Deep Installer

Ultra Deep Solutions has held a steel cutting ceremony for its diving support and construction vessel ‘Deep ...

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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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First Subsea Lands Hornsea Project One CPS Deal

Lancaster-based First Subsea has signed a multi-million pound contract with DONG Energy for Hornsea Project One ...

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Forum Names New CEO

Forum Energy Technologies has appointed Prady Iyyanki as president and chief executive officer, effective May 16, ...

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First Subsea Bags Allseas Contract

First Subsea has secured a contract from Allseas to supply a 42” Ballgrab pipeline recovery tool (PRT) for the Sur ...

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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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