Offshore installation firm McDermott has secured a major subsea pipelines and cables engineering, procurement, construction, and installation (EPCI) project from Qatargas.The award is related to the North Field Production Sustainability (NFPS) Offshore Fuel Gas Pipeline and Subsea Cables Project, COMP1. McDermott defines a major contract as between $750 million and $1.5 billion.The COMP1 project is…
Fincantieri has set the main terms and conditions for the acquisition of 100% of the shares of Remazel Engineering S.p.A. from Advanced Technology Industrial Group S.A. Remazel is a leader specialized in the design and supply of highly customized and complex topside equipment…
Tekmar Group said Thursday it had secured a £2.5 million contract to provide equipment for a subsea project in the Middle East.'The contract is for the design and supply of TekDuct, one of Tekmar Group's cable protection products, ballast modules…
Kongsberg Discovery started sea trials with its new long-range Autonomous Underwater Vehicle (AUV), HUGIN Endurance.Launched in 2021, HUGIN Endurance measures nearly 11m long with a 1.2m diameter, weighing around 8,000 kg. This mega AUV is rated to a depth of 6…
With a plethora of low-cost ROV manufacturers entering the market, VideoRay made the strategic decision to re-focus the company on selling fewer, but much higher value units. The strategy has paid off, and revenues have soared year-on-year since…
Balmoral has introduced a number of subsea solutions over the past few years, including Balmoral HexDefence and Balmoral FibreFlex, scour and cable protection systems respectively for the offshore wind sector. The latest product solution to be brought to market is a bend stiffener connector…
Australia's Harvest Technology Group Limited completed a milestone project in the North Sea, partnering with LiDAR technology provider 3D at Depth to deliver remote metrology services for a global subsea services company. The entire operation…
A rising tide lifts all boats, as the saying goes, and while the offshore industry is currently experiencing a wide-ranging surge, there are vessel types and specific market segments that are expected to benefit more than others.One such segment is the offshore construction vessel (OCV) types…
French seismic data firm CGG said Tuesday that its subsidiary Sercel had made a major sale of its GPR300 seabed nodal solution to Sinopec, the Chinese oil and gas exploration, refining, and distribution company. Over 6,000 nodes will be deployed…
Norway-based offshore seismic data firm TGS on Thursday announced the start-up of the 20,347 square kilometers Peninsular Malaysia Stage 2 Regional 3D reprocessing. This second phase of the Peninsular Malaysia reprocessing project is part of…
Acteon announced its engineering, moorings and foundations division InterMoor has been awarded a decommissioning contract by Chevron Thailand Exploration and Production, Ltd. (CTEP).Following InterMoor’s completion of Phase 1 decommissioning work in 2021 in the Gulf of Thailand…
Australia's Harvest Technology Group Limited said it has developed a unique solution for an oil and gas exploration company, enabling access to real-time data from the sea floor.The system uses acoustic transfer technology to securely transmit…
Seaway 7, a renewables-focused subsidiary of the offshore installation firm Subsea 7, has won a contract for the transport and installation of cables for the Hai Long offshore wind project in Taiwan.This contract award completes the key procurement for the project…
Japanese firms Mitsui O.S.K. Lines and MOL Marine & Engineering Co (MOLMEC) have been granted basic approval from ClassNK for two new training courses related to offshore wind power generation. The courses, for power cable laying and anchor handling training…
Subsea services firm DOF Subsea said Wednesday it had secured a construction support contract at a brownfield expansion project in Malaysia.DOF Subsea will provide services related to riser and spool installation, including air and saturation diving…
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