Search results for: olympic-subsea

44940 results

A list of search results

  • 5 March 2018
    Business & Finance

    Reach Subsea has entered into an agreement with Olympic Subsea for the use of the subsea vessel Olympic Challenger. 

  • 30 November 2017
    Business & Finance, Operations & Maintenance, Research & Development, Technology, Vessels

    Olympic Subsea has reported a net loss of NOK 36 million ($4.36 million) for the third quarter of 2017 as it anticipates the increase in activities in renewable energy sector in the coming year.

  • 5 March 2018
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    Reach Subsea has entered into an agreement with Olympic Subsea for use of the subsea vessel Olympic Challenger for 2 years, with an option to extend for 1 year. The commercial terms of the charter agreement are confidential between the parties. The vessel already has two ROVs mobilised onboard, which Reach will lease initially. Thus, […]

  • 24 May 2019

    Norwegian ship operator Olympic Subsea has entered into an agreement with Adwen GmbH, a subsidiary of Siemens Gamesa, for the vessel Olympic Orion. The contract period is firm for six months with further options. The contract commencement is in the second quarter of 2019. Olympic Subsea did not disclose any further contract details. ”We see it […]

  • 30 August 2019
    Business & Finance, Operations & Maintenance

    Olympic Subsea has reported profit of NOK 8.4 million (close to $1 million) for the quarter ended June 30, 2019, versus net loss of NOK 3 million ($330K) same time last year. The Oslo-listed company generated operating income of NOK 183 million for the second quarter of 2019, compared to NOK 178 million in the […]

  • 31 May 2018
    Business & Finance, Operations & Maintenance

    Olympic Subsea has reported consolidated revenues of NOK 98 million for the first quarter of 2018, against NOK 110 million same time last year. Earnings before interest, tax & depreciation (EBITDA) was NOK 5 million – of this Subsea/Renewable segment contributes with revenues of NOK 85 million and an EBITDA of NOK 13 million. EBITDA […]

  • 9 December 2016

    After months of talks with creditors Norwegian offshore vessel owner Olympic Ship has received restructuring support. “The company is pleased to announce that the discussions have been successful and that the company has now obtained support for a financial restructuring of the Group from key stakeholders of the Group,” Olympic Ship said on Friday. The […]

  • 29 May 2019
    Project & Tenders

    Olympic Subsea has received new contracts for three of its vessels to work in oil & gas and renewables sectors. Olympic entered into an agreement for the multifunctional subsea vessel ‘Olympic Triton’ for a period of 12 months with further options. The contract will be performed in West Africa for an international oil company with […]

  • 29 May 2019
    Business & Finance

    Norwegian vessel owner Olympic Subsea has been awarded new contracts for three of its vessels. 

  • 31 May 2019
    Business & Finance, Operations & Maintenance, Project & Tenders

    Olympic Subsea has reported net loss of NOK 27 million ($3 million) for the quarter ended March 31, 2019, versus net loss of NOK 53 million ($6 million) same time last year. The Oslo-listed company generated operating income of NOK 131 million for the first quarter of 2019, compared to NOK 96 million in the […]

  • 30 August 2019
    Business & Finance, Vessels

    Olympic Subsea has reported profit of NOK 8.4 million (close to $1 million) for the quarter ended June 30, 2019, versus net loss of NOK 3 million ($330K) same time last year. The Oslo-listed company generated operating income of NOK 183 million for the second quarter of 2019, compared to NOK 178 million in the […]

  • 17 October 2018

    Norway-based vessel operator Olympic Subsea has sold and delivered one of its platform supply vessels (PSV).

  • 4 March 2019
    Business & Finance, Operations & Maintenance

    Olympic Subsea has reported net loss of NOK 100 million ($11.6 million) for the quarter ended December 31, 2018, versus net loss of NOK 72 million ($8.3 million) same time last year. The Oslo-listed company generated operating income of NOK 127 million for the fourth quarter of 2018, compared to NOK 112 million in the […]

  • 30 November 2018
    Business & Finance, Operations & Maintenance

    Olympic Subsea has reported net loss of NOK 40 million ($4.7 million) for the quarter ended September 30, 2018, versus net loss of NOK 36 million ($4.2 million) same time last year. The Oslo-listed company generated consolidated revenues of NOK 171 million for the third quarter of 2018, compared to NOK 200 million in the […]

  • 24 January 2017
    Business & Finance

    In order to complete the group restructuring, Norway-based shipowner Olympic Ship has once again agreed with its secured lenders to extend the stand-still agreement.

  • 9 December 2016
    Business & Finance, Vessels

    Norwegian shipowner Olympic Ship has received support for financial restructuring from its stakeholders.

  • 29 November 2017
    Business & Finance

    Olympic Subsea has reported consolidated net revenues of NOK 200 million for the third quarter of 2017. Earnings before interest, tax & depreciation (EBITDA) was NOK 84 million and net profit after tax was negative NOK 36 million ($4.36 million). The Norwegian shipowner said it has seen increased activity throughout the quarter with 10 out […]

  • 20 February 2018
    Operations & Maintenance, Project & Tenders, Research & Development

    SMST has won a rental contract to install its motion compensated gangway on Olympic Subsea’s multipurpose offshore vessel, Olympic Taurus, which will assist during the installation of jacket foundations at the East Anglia ONE offshore wind farm.

  • 14 March 2019
    Business & Finance, Vessels

    Olympic Subsea has reported net loss of NOK 100 million ($11.6 million) for the quarter ended December 31, 2018, versus net loss of NOK 72 million ($8.3 million) same time last year. The Oslo-listed company generated operating income of NOK 127 million for the fourth quarter of 2018, compared to NOK 112 million in the […]

  • 26 December 2016
    Business & Finance

    After getting support for a financial restructuring from key stakeholders, the Norwegian offshore vessel owner Olympic Ship has been granted an extended stand-still to complete the process.  Olympic said on Saturday that, in order to provide further time to conclude and complete the restructuring, the company has been granted an extended stand-still from the secured lenders […]

  • 24 May 2019
    Project & Tenders

    Olympic Subsea has entered into an agreement with Adwen GmbH, a subsidiary of Siemens Gamesa, for the multipurpose offshore vessel Olympic Orion. The contract period is firm for six months with further options, and it is expected to start in Q2 2019. Olympic Orion is equipped with gangway system, 100 ton crane and accommodation module […]

  • 20 February 2018
    Equipment, Project & Tenders

    Olympic Subsea has awarded SMST a rental contract from for their motion compensated gangway, including stacking modules, to assist the jacket installations in the East Anglia ONE offshore wind farm. The Telescopic Access Bridge M-Series will be installed on board of Olympics’ multipurpose offshore vessel ‘Olympic Taurus’ to assist the jacket installations. Mobilization of the SMST […]