Polarcus Lowers Guidance as Project Delays Weigh

Seismic player Polarcus said on Wednesday it expects lower level of multi-client prefunding for the full year 2016, ...

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Technip, FMC Technologies Merger Gets Shareholders Nod

Shareholders of FMC Technologies and Technip voted in favor of resolutions required for the consummation of the ...

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Subsea 7 – OneSubsea Alliance Grabs Dalmatian Award

Subsea Integration Alliance between OneSubsea, a Schlumberger company, and Subsea 7 has secured a contract ...

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Trelleborg Boosts Houston Offshore Engineering Team

Trelleborg’s offshore operation based in Houston has invested in a new ‘Global Riser Analysis’ team to ...

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Kraken Gets Funding for Autonomous LARS Development

Kraken Sonar Systems said it will receive a non-refundable financial contribution of up to $485,000 from the ...

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Tetra Hires Ex-Schlumberger Man at Senior Vice President

Tetra Technologies has appointed Matthew J. Sanderson as senior vice president.  Sanderson will report to Joseph ...

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Hydroid Opens New Headquarters

Hydroid, a subsidiary of Kongsberg Maritime, has opened a new headquarters building in Pocasset, Massachusetts. The ...

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Neptune Subsea Launches in Houston

Neptune Marine Services (Neptune) has established an office in Houston, Texas as it is targets to expand its ...

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BSEE Issues Pipeline Decommissioning Costs Directive

Bureau of Safety and Environmental Enforcement (BSEE) has released final pipeline decommissioning costs regulations ...

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Deep Down Swings to Profit

Deep Down, an oilfield services company, reported net income of approximately $1.0 million, or $0.06 per diluted ...

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UB Engineers to Get First-Hand Sub Experience

The University of Bridgeport has obtained an 8-foot, 2,300-pound submarine for educational purposes. The submarine, ...

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Technip Bags Gulf of Mexico Umbilical Deal

Technip’s wholly-owned subsidiary Technip Umbilicals has been awarded a contract by an undisclosed operator to ...

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Pacific Radiance Bags Charter Contract in Mexico

Pacific Radiance has secured a long term charter contract in Mexico, worth USD 73 million including options. Under ...

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InterMoor Adds New Capabilities to Port Açu Facility

InterMoor has added inspection and testing capabilities to its marine base at the Açu Superport in São João da ...

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Oceaneering Retires 39 ROVs in Q3 as Red Ink Flows

Oceaneering reported a net loss of $11.8 million, or $(0.12) per share, on revenue of $549 million for the three ...

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Forum Swings to Quarterly Loss

Forum Energy Technologies, Houston-based oilfield products company, recorded net loss in the third quarter of $18 ...

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Oceaneering Welcomes PGS Boss to Its Board of Directors

Oceaneering informed it has appointed Jon Erik Reinhardsen to its board of directors. Reinhardsen is currently the ...

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McDermott Ups Profit Despite Revenue Drop

Houston-based McDermott posted quarterly net income of $16.1 million, or $0.06 per fully diluted share, compared to ...

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Fugro in Another Geotech Survey for US Wind Development

Fugro has been awarded a contract by Vineyard Wind, formerly named OffshoreMW, to perform a marine geotechnical ...

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EdgeTech Gets New Hydrographic Product Engineer

EdgeTech has appointed Erik Anderson as hydrographic product engineer of the company. Previously with National ...

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Pemex Hires CGG for Deepwater Perdido Shoot

CGG said it has been awarded a contract by Pemex to deliver an orthogonal wide-azimuth integrated solution designed ...

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