Topaz Bags Wind Charter
Dubai-based Marine logistics company Topaz Energy and Marine (Topaz) has signed an agreement with a north European contractor for the charter of Topaz's newbuild for offshore wind farms in the North Sea.The…
MMT Inks 10 New Contracts over 2 Months
Swedish based marine surveyor MMT has during the past two months received 10 new subsea survey and inspection projects within the offshore wind, renewable energy and oil and gas industries.MMT said the contracts…
Reach Subsea Scores Work in Houston
Norwegian based offshore services provider Reach Subsea said its Houston office has secured several contracts from oil majors in the region, comprising some 100 days of work.Reach Subsea opened its Houston…
Statoil Expands Frame Agreement with MMT
Statoil has renewed and expanded MMT’s frame agreement. The cooperation between Reach Subsea and MMT Sweden has resulted in a new frame agreement covering both survey and light construction for the next three years.
Fugro's Revenues Dive, Sending Shares Lower
Dutch deep-sea energy prospector Fugro reported a steeper than expected drop in third-quarter revenue on Monday and said it expects negative cash flow for the full year, sending its shares down more than 10 percent.
Fugro Slashes Jobs, Sheds Subsea Business Unit
Marine engineer Fugro announced a further 600 job cuts and the sale of one of its business units as it battles to cut costs in response to weak oil and gas prices. The company, which specialises in prospecting…
GC Rieber Charter Agreement with Reach Subsea
GC Rieber Shipping ASA has entered into a time charter agreement with Reach Subsea for the CSV Polar King to support Norwegian University for Science and Technology’s (NTNU) scientific operation under the MarMine Project in the mid-Atlantic ridge.
MMT Contracted for Offshore Pilot Project in Martinique
MMT has announced the contract award for the OTEC (Ocean Thermal Energy Conversion) NEMO project by DCNS, a world leader in naval defence. This project is jointly developed by DCNS and its partners with purpose…
MMT Wins UXO Contract for Race Bank
MMT has been granted a contract from DONG Energy Wind Power for UXO inspections and excavations of various contacts with option on disposal and removal at Race Bank Offshore Wind Farm, off the east coast of England.
Surveyor Interceptor ROV: Gassco AS Employes Subsea Robot
MMT and Reach Subsea completed its first commercial project with Surveyor Interceptor ROV for Gassco AS at Knarr Gas pipeline in the North Sea. The pipeline inspection was conducted from the vessel Edda Fonn.