Impacting The Bottom Line News

 

PXGEO Orders Over 20 Saab Sabertooth AUVs for Offshore Seismic Surveys

Jun 05, 2023

Marine geophysical company PXGEO has ordered more than 20 autonomous underwater vehicles from Saab.The order, for Saab's Sabertooth autonomous underwater vehicle, is worth SEK 620 million (currently around $57,1 million) and deliveries will take place 2023-2025.'The order includes more than 20 Sabertooth vehicles, which makes this the largest Sabertooth order to date,' Saab said.These will form part…

Balmoral Develops In-Line Mooring Buoyancy for Offshore Wind and SURF Applications

Aug 10, 2023

Aberdeen-based Balmoral has developed mooring buoyancy for the offshore wind and SURF sectors.'A comprehensive range of ‘off-the-shelf’ products are deployed across a number of applications, from simple location markers to short term installation/deployment aids…

ROVCO Wins Survey Work at Proposed 1.4GW Floating Wind Farm Site

Aug 09, 2023

Rovco, a UK-based subsea robotics and survey firm, has won a contract with Flotation Energy to carry out a geo-environmental survey at its planned Cenos floating offshore windfarm, 200 kilometers off the north-east coast of Scotland.Located in the Central North Sea…

Seadrill Sells Three Tender-assist Units for $85 Million

Jun 21, 2023

Offshore drilling firm Seadrill on Wednesday announced it has agreed to sell three tender-assist units to Singapore's Energy Drilling Pte Ltd for a total of $85 million in cash.The units are the semi-tender West Vencedor and tender rigs T-15 and T-16…

Drone-Based Methane Emissions Survey to Aid Bumi Armada's Action Plan for Kraken FPSO

May 23, 2023

IKM Testing UK has secured a second contract with the Malaysian FPSO leasing firm Bumi Armada to deliver a drone-based methane emissions survey on the Armada Kraken FPSO, producing oil for EnQuest in the North Sea.The project follows an aerial…

Fugro and Fraunhofer IWES Collaborate on Surveys for German Wind Farm Sites

May 22, 2023

Germany's Federal Maritime and Hydrographic Agency has awarded Fugro a geophysical survey contract for two offshore wind farm sites in the German exclusive economic zone (EEZ) in the North Sea. Working in collaboration with Fraunhofer Institute for Wind Energy Systems (IWES)…

Fincantieri Must Reach 3% Profit Margin 'to make economic sense' - CEO

May 11, 2023

Loss-making Italian shipbuilder Fincantieri must reach a 3% net profit margin 'to make economic and industrial sense,' its chief executive said on Wednesday, without setting a date for the goal. 'That's where we want to be when our work is done…

Norway to Make First Offshore Wind Tender Awards by Autumn 2023

Dec 06, 2022

The Norwegian government plans to make its first awards in an offshore wind power tender by the summer or autumn of 2023, it said on Tuesday as it published long-awaited criteria for companies to take part in the bidding.The Nordic country, a major producer of oil and gas as well as hydropower…

Autonomous OBN Seismic Survey Robots Could Enter Commercial Operation in 2024

Nov 22, 2022

Blue Ocean Seismic Services, which is working on autonomous ocean bottom seismic robotic vehicle technology, said on Tuesday that it had finished a series of passive and active seismic trials that proved the quality of seismic data collection…

Intelatus: Almost 30,000 Offshore Wind Turbines to Be Installed by 2035

Nov 17, 2022

Over the last few years, many statements have been made concerning growth in offshore wind turbine and foundation installation demand. These statements have been followed, in some cases, by firm orders for high-specification vessels, mainly from established players…

DNV, JIP Partners Enter Phase 2 To Develop Best Practices For Safe Offshore Wind Installation

Oct 20, 2022

DNV and its partners on Thursday confirmed the completion of Phase 1 of a joint industry project (JIP) on Bottom Impact and Partially Submerged Conditions, which has resulted in a new framework for optimizing the installation process of offshore wind turbines…

Magseis Fairfield Firms Up SE Asia OBN Survey Deal

Aug 18, 2022

Norwegian ocean bottom node seismic services firm Magseis Fairfield has confirmed a firm contract for a 4D Ocean Bottom Node project in South East Asia.The confirmation comes after the company, on July 25, said it had received a conditional award with a repeat client for this project…

Fugro to Expand USV Fleet with 'Next-gen' Blue Prism Unit

Jul 12, 2022

Dutch offshore surveys services company Fugro has signed a contract with Kooiman Engineering and Van Oossanen Naval Architects for the naval design of Blue Prism, Fugro’s next generation of uncrewed surface vessels (USVs).Engineered for operations in both coastal and offshore environments…

Seaway 7, Subsea 7 Revise Guidance on Offshore Wind Project Issues

Jun 13, 2022

Seaway 7, a fixed-bottom offshore wind installation affiliate of Subsea 7, on Monday revised its adjusted EBITDA guidance for the full year 2022, citing issues with offshore wind projects in the Netherlands and Taiwan.The company said its revenue…

Seismic Surveys: Shearwater Launches 'Lightest, smallest, and smartest node ever'

Jun 08, 2022

Marine seismic player Shearwater GeoServices on Wednesday announced the launch of Pearl, “a significant advance in ocean bottom nodal technology with several industry-first innovations.”According to Shearwater, the Pearl node offers a new standard…

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