Norwegian offshore vessel owner GC Rieber has entered into an agreement to sell the IMR / Walk-to-Work vessel Polar Queen. According to GC Rieber, the sale to the undisclosed buyer will see the vessel, built at Freire Shipyard in 2011, leave the offshore industry. The gangway onboard the vessel is n
Norway’s Brunvoll has secured a contract to supply a complete propulsion and manoeuvring system for Van Oord’s next generation of cable-laying vessels. In December last year, Van Oord placed an order with Norway-based Vard for a green cable-laying vessel. The vessel should be fully operational in 20
Subseatec has won several contracts to deliver machined riser joints to field developments in the Gulf of Mexico and Brazil. The total contract value is approximately SEK 15 million ($1.8 million). Specifically, Subseatec’s scope includes assembly, testing and delivery of up to 10 riser joints. Manu
Thermoplastic composite pipe (TCP) specialist Strohm has secured a contract from Allseas to support its deep-sea mining technology project. This is the first time Strohm will deliver its TCP solution for a deep-sea mining application. Under the agreement, Strohm will provide Allseas with a spoolable
Offshore drilling contractor Stena Drilling has ordered a fourth managed pressure drilling (MPD) system for the Stena Forth drillship.
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.
James Fisher Offshore (JFO) has divided its UK team into specialised divisions to meet the requirements of its two key markets: the decommissioning sector and the life of field industry. According to the company, this approach enables customers to work with a dedicated team that focuses solely on th
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
Germany’s propulsion system manufacturer Schottel has delivered propulsion units for nine newly built cargo vessels.
MAN Energy Solutions’ Two-Stroke Business has surpassed 1,000 orders for Tier III-compliant, emission-reduction technology for its portfolio of MAN B&W-branded, low-speed engines. Under the Tier III standard, NOx emissions must be reduced by approximately 75% when compared to Tier I engines. The Tie
Palfinger has secured a contract with Yinson to provide cranes, lifeboats, a rescue boat, and davits for an FPSO bound for Brazil.
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
The Finnish technology group Wärtsilä and vessel provider Siem Offshore have signed an optimised maintenance agreement to reduce the carbon footprint of two offshore well intervention vessels.
Subsea Innovation has delivered a first of kind retrofit cable protection system (CPS) to a UK offshore wind farm. According to the parent company Tekmar, the delivery was part of cable protection remedial works. It also included installation tooling and offshore installation support. In addition, t
