Norwegian seabed seismic services player Magseis has gained competition clearance from the Federal Trade Commission and the Antitrust Division of the United States Department of Justice to acquire the Seismic Technologies business from Fairfield. The acquisition comprises data acquisition, nodal and
Norwegian offshore oil and gas consultancy and services companies First Geo (owned by Akastor), and AGR are set to merge. The merged entity will be owned by Akastor.
Equinor has been given the green light by the Norwegian Ministry of Petroleum and Energy for the Troll Phase 3 development. According to Equinor, the capex of NOK 7.8 billion should help extend the productive life of the Troll field beyond 2050. Since it came on stream in 1995 the Troll oil & gas fi
Cabling specialist Nexans has set up a dedicated team for inspection, maintenance and repair (IMR) services. The new IMR team can support customers worldwide with emergency response, a 24/7 hotline and fast-track mobilization. “Nexans has an impressive toolbox when it comes to IMR. We can offer a fu
Royal Boskalis Westminster (Boskalis) has acquired the contract for the supply and installation of the inter-array cables for the Moray Offshore Windfarm East (MOWE). In June 2017, Boskalis signed a ‘preferred bidder agreement‘ with MOWE which has now been converted into a binding contract following
Industry body Subsea UK and NSRI, in partnership with Scottish Enterprise has announced the latest call for companies to drive forward R&D between Scotland and Japan, as part of a partnership between Scottish Enterprise and the Nippon Foundation. The second call for projects follows the success of t
Norway’s Agder Dykk, is extending its scope of operations in the region with a new Saab Seaeye Falcon underwater robotic vehicle. An early task for Agder Dykk’s Falcon is a survey of Norway’s harbours to provide data for the authorities on the status of sediment built up over decades of environmenta
Equinor and its partners have decided to invest some NOK 1.4 billion in Vigdis boosting station, expected to come online in the first quarter of 2021. The subsea field Vigdis has been producing oil through the Snorre field for more than 20 years. Field production will now be boosted by almost 11 mil
SIMEC Atlantis has signed a grant agreement with EASME for €1 million in grant funding to support its tidal turbine technology and its MeyGen project supply chain partner Asturfeito. On October 30th 2018, Atlantis announced its plans to enhance the existing 6MW MeyGen project. This grant should supp
Subsea technology company Seatools has introduced Carrera E 3D motion-controlled precision flow excavation spread. The 630+ kW, all-electric deep-water excavator features Seatools’ ROV DP technology and, according to the company, it sets the stage for unprecedented levels of accuracy, production, an
AKOFS Offshore’s AKOFS Seafarer well intervention vessel has been upgraded with Siemens BlueVault Energy Storage Solution. AKOFS Seafarer is the first existing well intervention vessel to be upgraded with a battery solution, the company said. The delivery will include Siemens BlueVault Energy Stora
Following an extensive R&D trajectory, Seatools is now introducing the Carrera E 3D motion-controlled precision flow excavation spread. “Seatools developed the Carrera E mass flow excavation spread leveraging its proven capabilities in heave compensation and ROV control technologies. The patent-pend
A team of North East-based subsea engineering experts are preparing to represent the UK in the final of the prestigious $7-million Shell Ocean Discovery XPRIZE competition to map the sea floor. This month TeamTao, the only UK team and one of the smallest to reach the grand final of the Ocean XPRIZE,
Siemens has won a contract to upgrade the AKOFS Seafarer vessel with a battery solution, making it the first such upgrade for a well intervention vessel.
