Eidesvik Boosts Earnings

Norwegian vessel owner Eidesvik Offshore has posted quarterly profit of NOK 201 million (approximately $26 million) ...

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PGS Gets New President & CEO

Norwegian seismic player Petroleum Geo-Services (PGS) has appointed Rune Olav Pedersen as the new president & ...

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Crown Estate Scotland Makes Offshore Data Publicly Available

Crown Estate Scotland now has spatial data relating to the organisation’s offshore assets freely available on its ...

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Ashtead Appoints APAC Sales Manager

Subsea equipment specialist Ashtead Technology has boosted its Singapore operation with the appointment of Ankit ...

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SeaBird Financial Struggle Continues, Revenues Down 88%

Oslo-listed SeaBird has seen red in the quarter ended June, 2017 as revenues fell some 88 percent on continued weak ...

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Subsea 7 Bets on Flumill Tidal Technology

Subsea 7 and Flumill have signed a letter of intent to collaborate on the development and design of marine tidal ...

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AKVA Group Sees Profits Double

Norwegian equipment provider for aquaculture industry, AKVA group, has boosted its profit in the second quarter of ...

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SBSS Secures Two New Contracts

S.B. Submarine Systems (SBSS), a subsea cable installation joint venture between China Comservice and Global Marine ...

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McDermott Names New Senior VP, General Counsel and Secretary

McDermott has appointed John Freeman as senior vice president, general counsel and corporate secretary, effective ...

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Pacific Radiance Trims Loss

Pacific Radiance, a provider of integrated offshore marine support services, has reported loss of $8.5 million for ...

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Quintillion Names Interim CEO

Quintillion, the Anchorage-based company constructing an 1800 km, subsea fiber optic/broadband network, with ...

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New Research Explains Rising Seas on U.S. East Coast

University of Florida scientists have discovered cause of Atlantic coastline’s sea level rise hot spots. When the ...

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Xodus Names New Chief of Decommissioning Unit

Xodus has appointed Enrico Salardi as its decommissioning director to lead the company’s ‘decom division’ formed in ...

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Repsol Hires Archer for NCS P&A Ops

Repsol Norge has awarded oil services player Archer a four-year contract for the provision of plugging and ...

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HydraWell Grabs UK Frame Deal

HydraWell has been awarded a frame agreement by an undisclosed supermajor to provide technology and services for ...

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ABDIG Takes Over Fiber Prime Telecommunications

Abu Dhabi Investment Group (ABDIG), a private investment group from Abu Dhabi, has acquired 62.5% stake in Fiber ...

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ION in Panama 2D Shoot

ION Geophysical has said that a new 2D multi-client program acquisition is in progress offshore Panama. Supported ...

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Baker Hughes, Twinza Ink Fullstream Deal in Gulf of Papua

Baker Hughes, a GE company (BHGE), has secured a deal with Twinza Oil to provide fullstream support on the Pasca A ...

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MH370 Search Back On?

The underwater search for the missing Malaysia Airlines flight MH370 could continue as the US-based seabed ...

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Polarcus Loss Widens, Expects 'Significantly Stronger' Q3

Seismic contractor Polarcus has posted quarterly loss on revenue drop of some 47 percent when compared to same time ...

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Oceanteam Welcomes Diederik Legger to Its Board

The Norwegian-Dutch offshore services provider Oceanteam has appointed Diederik Legger as a member of the board of ...

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