Highlights of the Week

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

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Jumbo in Subsea Decom Deal with TAQA

Jumbo has secured an offshore decommissioning project in the North Sea by TAQA Energy. The project includes the ...

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PSA Inspects Wintershall Pipe and Subsea Portfolio

Petroleum Safety Authority (PSA) Norway has carried out an audit of Wintershall and its portfolio of pipes, risers, ...

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McDermott and BHGE Confirm Tortue Ahmeyim Deal with BP

McDermott and BHGE have been awarded subsea umbilicals, risers and flowlines (SURF) and subsea production system ...

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SMP Makes Early Deliveries of Submarine Rescue Package

Preston-based Submarine Manufacturing and Products (SMP) said it has delivered ahead of schedule the Submarine ...

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Mermaid Slips to Loss

Mermaid Maritime, a provider of subsea and drilling services to the offshore oil and gas industry, has reported net ...

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Polarcus Chops Q4 Loss

Seismic player Polarcus has reduced quarterly loss when compared to fourth-quarter 2017 as revenues increased close ...

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Subsea Setback for TechnipFMC

TechnipFMC has reported fourth-quarter 2018 loss of $2.26 billion or $5 per diluted share. The UK-based energy ...

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Helix Books Quarterly Loss

Helix Energy Solutions reported a net loss of $13.7 million, or 9 cents per diluted share, for the fourth quarter ...

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Gazprom and Almaz-Antey Seal Subsea Equipment Deal

Gazprom and Almaz-Antey Corporation have signed a contract for batch manufacturing of subsea production equipment. ...

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GC Rieber Swings to Profit

Norwegian offshore vessels provider GC Rieber Shipping has reported profit of NOK 269 million for the forth quarter ...

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SubCom Restores Tonga Subsea Link

SubCom’s cable ship SubCom Reliance has completed the repair of two Tongan submarine cables. The Tonga Cable ...

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Oceaneering Sinks to Loss

Oceaneering has reported a net loss of $64.1 million, or 65 cents per share, for the three months ended December ...

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Proserv Boosts Norway Subsea Team with New CTO

Proserv has promoted Tore Erntsen to the position of chief technology officer (CTO), Subsea Controls, based at the ...

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Quintillion Ex-CEO Pleads Guilty to Fraud

The former chief executive officer of Quintillion – the Alaska-based company constructing a subsea fiber ...

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Trendsetter Delivers Leviathan Subsea Kit

Trendsetter Engineering has completed the design and build of subsea production equipment for Noble Energy’s ...

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BP Sees Second Stage of West Nile Delta Online

BP has started production from additional two West Nile Delta gas fields, Giza and Fayoum, offshore Egypt. Gas is ...

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Forum Sinks on Impairments

Forum Energy Technologies recorded loss in the fourth-quarter 2018 of $384 million, or $3.52 per diluted share, ...

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Aker Solutions Lifts 2018

Aker Solutions has seen its profit go up in the fourth-quarter 2018 at NOK 178 million, or NOK 0.58 per share, ...

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TechnipFMC Lands Mero 1

TechnipFMC has been awarded a contract by Petrobras, on behalf of the Libra Consortium, for engineering, ...

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Ocean Installer Nets Subsea Deal in West Africa

Ocean Installer has received a contract by an American client, covering the transportation and installation of ...

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