Solstad has secured a contract for the CSV Normand Cutter with UK-based subsea engineering firm Global Marine Group (GMG). Commencement of the contract is in March 2021, in direct continuation of current charter with GMG. Firm duration of the contract is 120 days plus 80 days options thereafter. In
Energy consultancy AGR has signed a framework agreement with Gassnova for carbon capture and storage technical advisory services. Norway’s Gassnova facilitates the development of technology and solutions to enable cost efficient and progressive solution for the capture and storage of CO2. AGR will d
TechnipFMC today officially completed its spin-off transaction to create two independent, publicly traded companies, TechnipFMC and Technip Energies. In connection with the separation, the Technip Energies has set its technical reference price at €9.00 ahead of its direct listing on the Euronext Par
Offshore geoscience and geotechnical engineering consultancy Cathie has carried out a foundation design feasibility study for an offshore, subsea datacenter. Cathie’s undisclosed system developer for the storage of datacenters offshore and underwater, engaged them to undertake a foundation design st
Norwegian energy services player Aker Solutions has seen its loss widened in the fourth quarter 2020 on impairments and lower activity, which led to some 30 per cent revenue drop. The Oslo-listed company recognised quarterly net loss of NOK 844 million, versus net loss of NOK 129 million in Q4 2019.
Subsea boosting could make an immediate increase in production profitably on more than 200 oil projects globally, according to Rystad Energy’s newly launched Subsea Processing Screening Tool. The increase in recoverable reserves for the top 100 projects, out of more than 200 projects identified wher
Aberdeen-based 3D technology specialist Eserv is investing a six-figure sum into the research and development of new capabilities to allow them to expand into the subsea sector. Eserv’s decision to drive the business into new sectors comes on the heels of a successful 2020 which saw their AS-TEG sol
Kongsberg Maritime has signed a letter of intent to deliver a large technology package for Triumph Subsea Services’ next generation field development vessel (FDV). The deal, signed with Brodosplit Shipyard and DIV Group in Croatia, covers an ST-269 unit, with an option for three more vessels of iden
TechnipFMC has officially opened its brand new spoolbase in Brazil. The new facility is located in the Açu Port, north of Rio de Janeiro State. According to the company, it will be its most modern spoolbase worldwide as well as an important asset to meet the future demands of subsea projects. With a
Kongsberg Maritime has augmented its range of cNODE MiniS SSBL (Super Short Base Line) and LBL (Long Base Line) transponders with new models incorporating an internal, high-accuracy strain gauge pressure sensor. The new transponder units primarily deliver positioning of ROVs, AUVs and towed bodies,
Royal IHC has been modifying McDermott’s pipelay and construction vessel Amazon in the port of Rotterdam for several months. On behalf of Royal IHC, Heerema’s Sleipnir has now successfully installed the J-lay Tower onto McDermott’s vessel. IHC manages the whole modification of this project, from the
Sypris Technologies, a subsidiary of Sypris Solutions, has recently received orders for its Tube Turns D-bolt and Tool-less specialty closures for use in high-pressure oil and gas applications. Specifically, contracts include the Anchor Field development project in the Gulf of Mexico and the planned
TechnipFMC pipelay vessel Deep Blue has recently completed spooling of Energean’s Karish steel catenary risers at its spoolbase in Mobile, Alabama. The Deep Blue is currently transiting to Limassol, Cyprus where it will perform mobilisation of the riser end structures. TechnipFMC won an integrated e
Subsea tree order intake in January 2021 has seen the awards totalling 69 units, getting off to a fast start, according to market research provider Westwood. Notable awards came for Petrobras’ Buzios development, Santos’ Bayu Undan Phase IIIc, Energean’s Karish North, as well as the North El Amriya
