PGS Shrinks Q2 Losses

PGS Shrinks Q2 Losses

Petroleum Geo-Services (PGS), has narrowed its quarterly net loss despite a 28 percent decline in revenue during ...

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FMC Technologies Sees Profits Plunge

FMC Technologies Sees Profits Plunge

FMC Technologies, has recorded a sharp profit drop in the second quarter 2016 as the weak market drove its revenue ...

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CenturyLink Utilizes Aqua Comms' AEConnect Subsea Link

CenturyLink Utilizes Aqua Comms' AEConnect Subsea Link

CenturyLink has activated two 100 Gigabit waves of high capacity connectivity between New York and London on Aqua ...

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Halliburton Takes $3.2 Billion Loss in Q2

Halliburton

Oilfield services major Halliburton has seen red in the second quarter, ended June 30, 2016, as it recognized ...

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Deepsea Metro I Starts Malaysia Campaign for Petronas

Deepsea Metro I Starts Malaysia Campaign for Petronas

Odfjell Drilling has kicked off drilling operations for Petronas offshore Malaysia with the ultra-deepwater ...

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Helix Posts Q2 Loss, Looks Ahead to Busier Second Half

Helix Posts Q2 Loss

Offshore services player, Helix Energy Solutions, has seen the weak market pull its second quarter 2016 result ...

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AgileTek to Assist Hydro Group on Wave Energy Project

Mark Hendry, technical director at Hydro Group

London-based engineering consultancy, AgileTek, has been awarded a contract to support Hydro Group on an ...

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Aker Rejects Rem Offshore Restructuring Plan

Cancelled Vard 206 OCV

Norwegian vessels owner, Rem Offshore, has not secured backing for its refinancing plan after the bondholders ...

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MMT Nets Framework Agreement with TenneT

MMT Nets Framework Agreement with TenneT

MMT has signed a four year framework agreement with TenneT. The framework agreement runs from 2016 to 2020 and MMT ...

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Aleron Subsea Introduces New ROV System

Aleron Subsea Introduces New ROV System

Aleron Subsea has built a multi-purpose ROV system to be used for boulder clearance operations in wind farm ...

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CGG Amadeus Kicks Off Gulf of Thailand Shoot

Photo: Shipspotting

KrisEnergy informed that CGG Amadeus has begun a 884 sq. km 3D seismic acquisition program in the G10/48 contract ...

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Strainstall Moring Solution for Pengerang Deepwater Terminal

Strainstall Moring Solution for Pengerang Deepwater Terminal

Strainstall, part of James Fisher and Sons, has been awarded a contract with the Japanese Penta Ocean-Toa joint ...

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Unique Group Buys Oceanvision

Unique Group acquires Oceanvision

Unique Maritime Group has completed the acquisition of Singaporean company Oceanvision and Oceanvision Equipment ...

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CIIC, ISA Ink Polymetallic Nodules Exploration Agreement

CIIC, ISA Ink Polymetallic Nodules Exploration Agreement

The International Seabed Authority (ISA) and the Cook Islands Investment Corporation (CIIC) have signed a 15-year ...

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SST Bags $15 Mln Navy Deal

SST Bags $15 Mln Navy Deal

Sound & Sea Technology (SST), the ocean and marine engineering specialist, has been awarded a contract by the ...

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Halliburton Gets New Board Member

Halliburton Gets New Board Member

Halliburton has named William E. Albrecht to the company’s board of directors, effective July 12, 2016. Albrecht ...

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Scripps' Researchers Develop New Underwater Microscope

Scripps' Researchers Develop New Underwater Microscope

Researchers from Scripps Institution of Oceanography at the University of California San Diego have designed and ...

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Highlights of the Week

Highlights of the week

Subsea World News has put together a recap of the most interesting articles from the previous week (July 11 – July ...

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Solstad Christens Normand Maximus

Solstad Christens Normand Maximus

Solstad Offshore’s NB 830 offshore subsea construction vessel, Normand Maximus, was christened on Friday at Vard ...

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Eidesvik Board Member Steps Down

Eidesvik Board Member Steps Down

Norwegian vessel owner Eidesvik informed that Kjell E. Jacobsen will resign from its board of directors. Jacobsen ...

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Seamec Adds to HAL Offshore Charter Deal

Seamec Adds to HAL Offshore Charter Deal

Seamec, the provider of diver support vessel-based diving services, will be suplying a remotely operated vehicle ...

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