Highlights of the Week

Subsea World News has put together a recap of the most interesting articles from the previous week (July 31 – August 06).

Forland Subsea II AS, which bareboat charters the Fugro Saltire from E Forland AS, has received a notice of termination for convenience from time charterers Fugro Subsea Services.

The MV Fugro Saltire was built in 2008 and is under a long-term contract with Fugro Subsea Services. According to Forland, the termination will be effective as from October 1, 2017.

Jacket for the Johan Sverdrup riser platform was installed by Heerema Marine Contractors’ crane vessel Thialf.

The jacket is stretching 140 metres from the seabed, where it covers an area measuring 94 times 64 metres. It is attached to the seabed by 24 poles weighing more than 9000 tonnes in total.

The Subsea Energy Australia Industry awards winners have been officially announced.

Subsea Energy Australia (SEA), held its annual ‘Australian Subsea Industry Awards’ ceremony last Friday, July 28, in Perth.

DeepOcean has acquired French company Searov Offshore SAS and has expanded its presence in West Africa.

Searov, established in 2008, owns and operates ten remote operated vehicles (ROVs) from its operating bases in Pointe Noire, Congo and Port Gentil, Gabon.

Dutch subsea and survey specialist Fugro has reported net loss of €96 million for the first six months of 2017, compared to €202 million loss in the prior-year comparable period.

Fugro’s EBITDA for the first half was, however, €46.6 million, against €98.9 million in 1H 2016. In addition, the company’s revenue fell some 14 percent from €905 million in the first half of 2016 to €774 million for the period ended June 30, 2017.