Top News of the Week of Sep 01 – Sep 07, 2014

Business & Finance

September 7, 2014

1. Forum Bags VARD’s Order for Eight ROVs

Forum Energy Technologies today announced that it has received an order from Vard Holdings Limited (VARD) to supply eight Perry XLX 150HP work-class remotely operated vehicle (ROV) systems.

2. Norwegian-Russian Experts to Examine Sunken Nuclear Submarine K-159

A Norwegian-Russian Expert Group is underway to examine the radioactive contamination at the sunken Russian nuclear submarine K-159 in the Barents Sea.

3. DOF Subsea Secures W. Africa Gig from Saipem

DOF Subsea UK Limited has been awarded and started work on a multi-million dollar contract with Saipem S.A. The scope sees the provision of DOF Subsea’s DSV Skandi Singapore and project crew, to complete two key construction projects offshore West Africa.

4. Reef Subsea Wraps Up Sierra L5 and Bøyla Projects

Reef Subsea has safely and successfully concluded the L5 Sierra Pipeline and Bøyla development projects, both delivered ahead of the schedule set by their clients Technip and GDF SUEZ.

5. UDS Orders New Ultra-Deep Multipurpose DSCV

Ultra Deep Solutions (UDS) has entered a contract to build one Ultra Deep Installer – Multipurpose Diving Support Construction Vessel, with an option for second vessel with an established China-based shipbuilding company, Shanghai Zhenhua Heavy Industries (ZPMC).

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