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Business & Finance

Geotechnical surveys at Hornsea Three to begin in April
Business & Finance

Geotechnical surveys at Hornsea Three to begin in April

Ørsted is set to kick off a geotechnical survey campaign at the Hornsea Three offshore wind project in the UK starting from April. The 90-meter long survey vessel Connector Express will start the survey on 1 April at the project site located off the coast of East Yorkshire, and works are expected to

about 4 years ago
Carbon Transition inks new Utsira multi-client deal as market ‘significantly’ improves
Business & Finance

Carbon Transition inks new Utsira multi-client deal as market ‘significantly’ improves

Norwegian Carbon Transition has entered into a new multi-client seismic data licencing contract with an undisclosed customer.

about 4 years ago
DeepOcean turns to Vaarst for underwater measuring system
Business & Finance

DeepOcean turns to Vaarst for underwater measuring system

Ocean services provider DeepOcean has purchased its second SubSLAM underwater measuring system from Vaarst, Rovco’s technology spin-off.

about 4 years ago
Norway boosts oil & gas output in February
Business & Finance

Norway sees small increase but deviates from forecast in February output

In comparison to the previous month, Norway’s oil and gas production increased in February 2022, however, it was below NPD’s predictions.

about 4 years ago
Equinor picks Remøy vessel with upgrade potential to run on ammonia for ops in North Sea
Business & Finance

Equinor’s charter of Remøy vessel includes potential upgrade to run on ammonia

Equinor has inked a long-term deal with Remøy Shipping for one of its PSVs with ammonia conversion potential to reduce emissions.

about 4 years ago

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ROV
Business & Finance

Rovco investing in SMD’s EV Workclass ROV to boost autonomous subsea inspections

Subsea equipment manufacturer Soil Machine Dynamics (SMD) and offshore services provider Rovco have signed a letter of intent (LOI) for next-generation EV Workclass ROV (WROV) technology.

about 4 years ago
PaleBlue launches new real-time ROV simulator
Business & Finance

PaleBlue launches new real-time ROV simulator

Norway’s PaleBlue has launched the ROV Engineering Simulator tailored for subsea engineering, design reviews, and accessibility checks of subsea installations with the use of remotely operated vehicles (ROVs). The simulator provides real-time simulation and visualization tools that allow users to se

about 4 years ago
Scarabeo 8 rig - Saipem
Business & Finance

Offshore drilling focus to pay off for Saipem following new $325 million award

Italian oilfield services contractor Saipem has been awarded a contract by Aker BP for a drilling campaign offshore Norway.

about 4 years ago
Norbit bags multiple WINGHEAD multibeam tech orders
Business & Finance

Norbit bags multiple WINGHEAD multibeam tech orders

Norwegian Norbit Subsea has secured a number of contracts with surveying companies related to its WINGHEAD multibeam technology.

about 4 years ago
Thialf and Sleipnir on Shore Power at the Calandkanaal - Heerema
Business & Finance

Heerema’s two giant crane vessels switch to green shore power in Rotterdam – gallery

Dutch contractor Heerema Marine Contractors has connected its two giant heavy-lift vessels to a shore power installation in Rotterdam.

about 4 years ago

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Offshore testing of Minesto’s Dragon Class scale model (Courtesy of Minesto)
Business & Finance

Minesto widens 2021 losses

Swedish tidal energy company Minesto has released year-end financial results for 2021, recording a slight increase in net loss when compared to a year before.

about 4 years ago
MR Deepwater Subsea, OTC combine their services into one-stop-shop
Business & Finance

MR Deepwater Subsea, OTC combine their services into one-stop-shop

MR Deepwater Subsea and Offshore Technical Compliance (OTC) have joined forces to create a one-stop-shop for real-time monitoring, digital pressure testing and Blowout Preventer (BOP) compliance services. The parties believe that the collaboration will build a wealth of knowledge regarding inspectio

about 4 years ago
Serica repairs subsea control module and restarts production at North Sea field
Business & Finance

Despite bad weather, Serica wraps up repairs and restarts North Sea field

Following repair and replacement of a subsea control module component, Serica has resumed production from the Rhum field in the UK North Sea.

about 4 years ago
New JV to reduce subsea work costs in offshore wind, oil & gas industry
Business & Finance

New JV to reduce subsea work costs in offshore wind, oil & gas industry

UK-based Load Monitoring Systems (LMS) and subsea communications company Aquatec Group have formed a joint venture to reduce the cost of subsea installation, maintenance and decommissioning in the offshore wind and oil and gas industry.

about 4 years ago