Eidesvik in Red Despite Revenue Boost

Eidesvik in Red Despite Revenue Boost

Norwegian vessel owner, Eidesvik Offshore, has narrowed its quarterly loss year-over-year on higher revenues ...

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Polarcus Wins More Work

Polarcus Wins More Work

Polarcus has received multiple awards which together extend the fleet backlog by six vessel months, the Oslo-listed ...

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Bourbon Stacks 13 More in Q4

Bourbon Stacks 13 More in Q4

French vessel owner and offshore services provider, Bourbon, has posted a small increase in full-year adjusted ...

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Rederij Groen Buys into GloMar

Rederij Groen’s Linde-G, renamed to Glomar Linde-G.

Guard and seismic support vessels specialist, Rederij Groen from Scheveningen, has acquired a 50 per cent stake in ...

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OSBIT Power Expands to Deliver ITFs for Helix Vessels

Photo by Neil Denham

OSBIT Power has secured additional facilities at the Port of Blyth to deliver its largest project yet to Helix ...

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OSBIT's Access Systems for Helix's Well Intervention Vessels

OSBIT Power's Access Systems for Helix's Well Intervention Vessels

OSBIT Power has completed work on three new walk-to-work access systems to be installed on a trio of new well ...

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Rapp Marine's Equipment for Two Chinese Research Vessels

Rapp Marine's Equipment for Two Chinese Research Vessels

Rapp Marine has been chosen as the supplier of advanced equipment packages for two new oceanographic research ...

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Wärtsilä's Propulsion for Two New Research Vessels

Wärtsilä's Propulsion for Two New Research Vessels

Two new marine geological research vessels under construction in China will feature Wärtsilä engines and propulsion ...

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Havyard Posts Profit Drop

The Havyard 858 L WE, Postponed for 2018

Havyard Group has seen profit decline in the third quarter 2015 due to slashed utilization in all of its business ...

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Reach Subsea Looking into Vessel Lay-Ups and Redundancies

Edda Fonn Reach Subsea

Lower activity levels and tough market conditions could force Norwegian contractor Reach Subsea to lay up two of ...

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Sonardyne's Ranger 2 Acoustics for CCC's Diving Vessels

Sonardyne Supplies Ranger 2 Acoustics for CCC's Diving Vessels

CCC (Underwater Engineering) S.A.L has selected Sonardyne’s Ranger 2 acoustic positioning technology for its entire ...

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Bourbon Q3 Revenues Down Despite Forex Boost

Bourbon Q3 Revenues Down Despite Forex Boost

Bourbon has posted higher revenue for the first nine months of 2015, despite reporting a drop in utilization rates ...

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PGS Takes USD 110 Mln Loss

Ramform Hyperion

Oslo-listed seismic player, Petroleum Geo-Services (PGS), has posted net loss of $110 million for the third quarter ...

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Germany Plans Replacement of Two Research Vessels

The research vessels METEOR und POSEIDON. Photo: C. Kersten, GEOMAR

Following the commissioning of the research vessel SONNE at the end of 2014, the renewal of the German research ...

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CGG Q3 Fleet Production Rate at 92 Pct

CGG Q3 Fleet Production Rate at 92 Pct

French seismic contractor, CGG, has seen its vessel availability rate at 84 per cent, compared to a 74 per cent ...

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Ulstein's Power Package for Jan de Nul's SRI Vessels

Ulstein's Power Package for Jan de Nul's SRI Vessels

Ulstein Power & Control has been awarded a contract with AVIC Weihai Shipyard on power and control deliveries ...

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Technip Receives Norway Boycott Notice

Technip Receives Norway Boycott Notice

Norway’s offshore union, Industri Energi, has warned Technip Singapore PTE about a boycott starting October ...

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DOF Subsea Bags $351 Mln in Contracts

DOF Subsea Bags $350 Mln in Contracts

DOF Subsea has been awarded several contracts with a total value in excess NOK 3 billion (approx. $350.7 million), ...

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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 (September 07 – ...

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Bourbon to Stack Up to 35 Vessels as Loss Widens

Christian Lefèvre, Chief Executive Officer of Bourbon

French vessel owner and provider of marine and subsea services, Bourbon, will pull out up to 35 supply vessels from ...

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Rem Takes Profit Dive

Rem Takes Profit Dive

Norway’s Rem Offshore has posted second-quarter 2015 net profit of NOK 64.3 million ($7.8 million), down from ...

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