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C-Kore Systems receives Queen’s Award for Enterprise

C-Kore Systems receives Queen’s Award for Enterprise

October 24, 2019 No Comments

It’s been a year of celebrations for C-Kore Systems. Having received the Innovation & Technology Award at Subsea UK’s awards ceremony in Aberdeen in February, this summer C-Kore was honoured with The Queen’s Awards for Enterprise, in the Innovation category. This,combined with continually increasing trade and the launch of the new C-Kore Sensor Monitor,means that […]

Saipem signs contract to deliver Hydrone-based technology to Equinor

Saipem signs contract to deliver Hydrone-based technology to Equinor

October 3, 2019 No Comments

Saipem has signed a subsea service contract with Equinor, worth approximately 40 million Euro, which entails the use of Saipem’s Underwater Intervention Drone (UID) Hydrone-R and the all-electric Work Class ROV Hydrone-W in the Njord Field development, offshore Norway. This agreement is the first ever worldwide service contract for subsea drones signed in the offshore […]

Equinor awards pioneering wireless subsea drone contract

Equinor awards pioneering wireless subsea drone contract

October 2, 2019 No Comments

Equinor, on behalf of the Njord licence, has awarded Saipem a subsea service contract using a wireless underwater intervention drone and an ROV. This contract will make Equinor the first user of technology expected to be completed in 2020.? “This is a historic contract in the oil and gas industry. It is the first contract […]

McDermott and BHGE awarded contracts for Ichthys Gas Field Development

McDermott and BHGE awarded contracts for Ichthys Gas Field Development

July 31, 2019 No Comments

McDermott International, Inc. (NYSE:MDR) and Baker Hughes, a GE company (NYSE: BHGE) announced that the companies were awarded contracts to provide a joint URF and SPS solution for the INPEX-operated Ichthys Liquefied Natural Gas (LNG) field development, located off the northwest coast of Western Australia. McDermott and BHGE were awarded a joint URF and SPS […]

TechnipFMC Awarded Significant Subsea Contracts in India

TechnipFMC Awarded Significant Subsea Contracts in India

July 1, 2019 No Comments

TechnipFMC (NYSE: FTI) (PARIS: FTI) has been awarded significant(1) subsea contracts by Reliance Industries Limited for the MJ1 field located in deep water offshore India in the Krishna Godavari basin. These contracts cover the fabrication and installation of flexible risers, rigid and flexible flowlines and umbilicals. Arnaud Pieton, President Subsea at TechnipFMC, commented: “We are […]

C-Kore Systems Deploys 200th Subsea Testing Unit

C-Kore Systems Deploys 200th Subsea Testing Unit

June 6, 2019 No Comments

C-Kore Systems announced the recent deployment of their 200th Subsea Testing Unit. This landmark event occurred during an umbilical installation operation off the coast of Australia. C-Kore’s Subsea Testing units have gained worldwide acceptance with both oil and gas operators and contractors for construction campaigns, fault-finding operations, and with the release of the new Sensor […]

Oceanteam ASA reports full year 2018 results

Oceanteam ASA reports full year 2018 results

April 29, 2019 No Comments

Oceanteam is pleased to present its 2018 annual financial report. 2018 was a good year for Oceanteam, further described in the attached report. The financial restructuring of the Group has been successfully completed. Equity ratio improved materially to more than 70%. Both vessels were under charter contract for the full year, except for a short […]

Queen’s Award for C-Kore Systems

Queen’s Award for C-Kore Systems

April 23, 2019 No Comments

Following the success of winning the Innovation & Technology Award at Subsea UK’s awards ceremony in Aberdeen in February, C-Kore are celebrating again, having been honoured with a Queen’s Awards for Enterprise, in the Innovation category. Now in its 53rd year, the Queen’s Award for Enterprise is the most prestigious business award in the UK […]

Oceanteam sells minority position to Diavaz

Oceanteam sells minority position to Diavaz

April 10, 2019 No Comments

Oceanteam ASA (the “Company” or “Oceanteam”) and its Mexican partner Diavaz have reached an agreement to terminate the joint venture structure set up by the two groups (the ”DOT Group”), established in 2014 in order to service the Mexican offshore market, in which Oceanteam held 40 percent. Oceanteam’s stake will be taken over by Diavaz. […]

Aker Solutions and FSubsea to Create FASTSubsea

Aker Solutions and FSubsea to Create FASTSubsea

April 10, 2019 No Comments

Aker Solutions and FSubsea have agreed to create FASTSubsea to help operators increase oil recovery in a faster, simpler and more environmentally friendly way. Multiphase subsea pumping technology has the potential to increase oil recovery rates by more than 20 percent, but cost, space limitations and sometimes complex solutions mean multiphase pumps are installed in […]

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