Impacting The Bottom Line News

 

Magseis Fairfield Nets 'Meaningful' Gulf of Mexico OBN Survey Contract

Apr 08, 2021

Oslo-listed offshore oil and gas seismic data acquisition company Magseis Fairfield has won a new contract in the Gulf of Mexico.The company has been awarded an Ocean Bottom Node for 'a multi-client company,' which it did not name.'The duration…

Fugro to Sell Seabed Geosolutions to PXGEO

Mar 30, 2021

Dutch offshore survey services company Fugro has agreed to sell its Seabed Geosolutions subsidiary to PXGEO Seismic Services (PXGEO) for USD 16 million (approximately EUR 14 million) in cash. The transaction is expected to be completed in mid-2021…

U.S. Could Install Up To 11GW of Floating Offshore Wind by 2035

Feb 11, 2021

The U.S. offshore wind industry is set to flourish in the upcoming years due to planned fixed bottom turbine projects on the east coast, however, a floating wind boom is expected as well, a Danish offshore wind energy intelligence firm said Wednesday…

Magseis Fairfield in Deepwater Survey Gig, Offshore Angola

Feb 10, 2021

Oslo-listed seismic services company Magseis Fairfield has said it has won a seismic survey contract offshore Angola.The contract, with an unnamed 'major international energy company' is for a deep-water Ocean Bottom Node baseline survey (3D)…

MOL, Bombora Targeting Wave Energy Opportunities in Japan

Jan 14, 2021

Wave energy converter developer Bombora has entered into an agreement with Japan's Mitsui O.S.K. Lines (MOL) to identify wave energy potential in Japan and across the region.MOL has recently said it has completed a detailed internal technical review of Bombora’s mWave wave energy converter…

Seabed Geosolutions Wins OBN Survey Work in Brazil

Oct 20, 2020

Ocean bottom seismic company Seabed Geosolutions has won a contract for a baseline 4D ocean bottom node (OBN) survey as well as a future 4D monitor OBN survey in Brazil. The project, for an unnamed client, is to be acquired in water depths greater than 2…

Magseis Fairfield Bags Gulf of Mexico OBN Contract

Sep 21, 2020

Oslo-listed provider of ocean bottom node survey services Magseis Fairfield has secured an OBN survey contract in the U.S. Gulf of Mexico with an unnamed client.Magseis Fairfield said Monday the contract 'with a repeat customer' was for a deepwater…

JERA Files EIS for 520MW Offshore Wind Farm in Japan

Aug 24, 2020

Japanese company JERA has filed an environmental impact statement for the proposed 520MW offshore wind farm in the Ishikari Bay, Hokkaido, Japan.JERA, which submitted the documents to the Minister of Economy, Trade, and Industry on Monday said…

Xodus Launches Study to Boost Bankability of Floating Offshore Wind

Aug 13, 2020

UK-based energy consultancy Xodus Group has launched a three-year study on the costs around floating offshore wind with the aim of helping developers make their projects attractive to investors.The collaborative research project, led by Xodus through the IDCORE program…

Nord Stream 2 Allowed to Use Anchored Pipelayers in Denmark

Jul 06, 2020

Nord Stream 2 AG, Russia's Gazprom-led company building the Nord Stream 2 gas pipeline in the Baltic Sea, has been granted permission from the Danish authorities to use pipelaying vessels with anchors instead of the dynamic-positioning ones…

Shearwater Nabs Seismic Acquisition Work in India

Jul 01, 2020

Shearwater GeoServices has won a contract for offshore survey work in India, with Oil India Limited.The project for Oil India Ltd. is a combined 3D and 2D towed streamer seismic acquisition- and processing contract in the Andaman Sea and Kerala-Konkan coastal waters offshore India…

ConocoPhillips Deploys 'Low-code' Tech to Boost Bottom Line

Jun 30, 2020

ConocoPhillips has deployed a low-code platform called Mendix to cut costs and increase efficiency, making it the first major oil and gas producer to use such technology across the company, Mendix said in a statement on Tuesday.Mendix, owned by German technology firm Siemens…

Fugro Says Completes Middle East's First Uncrewed Geophysical Route Survey

Jun 23, 2020

Dutch offshore survey company Fugro has said it has completed the Middle East’s first fully autonomous geophysical shallow-water route survey. Controlled from the remote operations center in Abu Dhabi, an uncrewed surface vessel (USV) captured…

RWE, Kyuden Mirai in Japan Offshore Wind Pact

May 28, 2020

RWE Renewables Japan, a Japanese branch of Germany's RWE Renewables, and Kyuden Mirai Energy Company, a Kyushu Electric Power company, have signed a Joint Bidding Agreement to enter into a full-scale feasibility study for the offshore wind power project planned off the coast of Yurihonjo City…

Layoffs, Furloughs at Magseis Fairfield

Apr 07, 2020

Magseis Fairfield, a company specializing in Ocean Bottom Node (OBN) offshore surveys, has announced cost-cutting measures which will include layoffs and furloughs.Citing increased market uncertainty due to the coronavirus and lower oil prices…

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