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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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 ...

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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 ...

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AKVA Group Slips into Red

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

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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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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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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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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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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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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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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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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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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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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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James Fisher Sets Up MeyGen’s Tidal Turbine

The fourth and final tidal turbine has been installed as part of Phase 1a of the MeyGen tidal energy project, ...

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Kreuz Subsea and Genesis Join Forces in Nigeria

Kreuz Subsea has set up a joint venture in Nigeria with Genesis Group. Genesis Kreuz will provide services of ...

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