NUI new hyperbaric test chambers have recently arrived at the manufacturing facility for assembly. The manufacturer Optime Subsea is preparing the two test chambers for a factory acceptance test (FAT) early June. After that, the two systems will go to Bergen for installation and site acceptance test
Solstad Offshore has signed a pair of construction support vessels (CSV) to new contracts, reporting deals for CSVs Far Saga and Normand Energy. The Brazilian flagged CSV Far Saga secured a three-year contract from Petrobras. Far Saga will carry two Work Class ROVs from C-Innovation suitable for ope
Engineering firm Wood and NERA have teamed up to develop an AI Inspection tool for subsea oil and gas infrastructure. The solution has the potential to revolutionise asset inspections in challenging and high-risk environments. It also aims to increase the speed and accuracy of issue detection, respo
Construction support vessel Bourbon Oceanteam 101 has completed work in Angola under its charter agreement and is preparing for its next contract.
Subsea 7 has secured a contract from Independent Oil and Gas (IOG) for the Blythe and Vulcan satellites field development in the UK Southern North Sea. The SURF contract follows the recent approval of the Phase 1 Field Development Plan by the UK Oil and Gas Authority. It includes 35 kilometres of fl
DOF Subsea has received a notice of early termination of a two-year charter contract for the vessel Skandi Acergy, from an international client. The notice period is 60 days, and the termination of the charter contract will be effective on 1 July 2020. DOF Subsea should receive a termination fee aft
GC Rieber Shipping has agreed with Nexans to extend the charter of the construction support vessel (CSV) Polar King. The extension is valid for additional two months, making the charter firm until September 2020. The extended period is in direct continuation of the ongoing charter, which started in
Wintershall Dea has installed two manifolds in the templates on the seabed of its Nova field project located offshore Norway.
Oceaneering board has approved voluntary base salary reductions of the executive management and other members of senior management. Effective 1 May, the company’s CEO Roderick A. Larson agreed to base salary reduction of 15 per cent. Base salaries for executive level, including the executive leaders
Saipem has won a gas pipeline transportation and installation contract between Denmark and Poland in the Baltic Sea. The contract, signed by its controlled subsidiary in U.K. Saipem Ltd, is worth approximately 280 million euro. The Baltic Pipe Project is a strategic infrastructure project between GA
2H Offshore has installed another lightweight, conductor supported, minimum facility wellhead platform offshore Sarawak, Malaysia. The Acteon company delivered the concept, detailed design, transportation and installation of the platform in 35 metres water depth. The work is part of the D18 Phase 2
The International Marine Contractors Association (IMCA) said that Phil Towers has joined its team as Technical Adviser – Diving. Towers has experience in the subsea construction industry having held diving roles with operators BP, ExxonMobil, Qatargas and Repsol Sinopec. He also spent major part of
A comprehensive cost reduction programme is being developed and will be announced in the second quarter.
Aker Solutions booked Q1 2020 loss of NOK 742 million, against profit of NOK 149 million same time last year. Lower activity levels towards the end of the quarter impacted the results, as operators postponed offshore work to mitigate the spread of the coronavirus. Loss per share was NOK 2.73. Exclud
