Highlights of the week

Subsea World News has put together a recap of the most interesting articles from the previous week (April 24– April 30).

TechnipFMC has been awarded a contract by an affiliate of ExxonMobil for the engineering, manufacture and delivery of the subsea equipment for the proposed Liza deep-water project.

The award scope includes seventeen total enhanced vertical deep water trees and associated tooling, as well as five manifolds and associated controls and tie-in equipment.

Siemens has said it plans further job reductions at the Siemens Subsea business in Ulverston.

This is part of a global reduction affecting the Siemens Subsea businesses in Norway, USA and Brazil. Siemens said that with great regret the proposed changes would mean that up to 36 jobs are to be put at risk in the Ulverston site.

Oslo-listed Subsea 7 has delivered another positive quarter backed by higher activity in renewables sector as it came almost flat with profit in the prior-year quarter.

The subsea engineering and construction specialist posted quarterly profit of $146.3 million, or $41 cents per share, on revenue of $897 million, versus profit of $146.5 million, or $42 cents per diluted share on revenue of $746 million same time last year.

Oceaneering has reported a net loss of $7.5 million, or 8 cents per share, on revenue of $446 million for the first quarter of 2017.

During the corresponding period in 2016, Oceaneering reported net income of $25 million, or 26 cents per share, on revenue of $608 million.

Heerema Marine Contractors has informed that Jan-Pieter Klaver has decided to step down as the company’s chief executive officer.

Klaver will leave after having worked for Heerema for more than 26 year, including 8 years as HMC’s CEO.