Tidal energy developer Magallanes Renovables, has been testing its second generation, 2MW tidal platform ATIR at the European Marine Energy Centre (EMEC), since 2018, as part of the Ocean_2G project. The aim of the project was to test, validate and pre-certify Magallanes’ device and this was achieve
Fugro has completed a second marine unexploded ordnance (UXO) risk mitigation project for TenneT, this time on a cable route survey as part of the construction of the Hollandse Kust Zuid offshore wind farm. The 13-month project involved surveying the route for explosive remnants of war (ERW), includ
Norwegian contractor Reach Subsea has widened its quarterly loss as utilization of assets fell against prior-year comparable period. For the fourth quarter 2019, Reach booked loss of close to NOK 25 million on revenues of NOK 107 million, versus loss of NOK 6 million, on revenues of NOK 190 million
Helix Energy Solutions has reported net income of $7.9 million, or 5 cents per diluted share, for the fourth quarter of 2019 compared to $13.7 million loss or 9 cents for the same period in 2018. Sequentially, profit fell from $31.6 million of 21 cents per diluted share. Fourth quarter revenues were
SubSea Networks and NO-UK announced today that the supply contract for the NO-UK Submarine Cable System linking Norway and England has come into force. The NO-UK system is now under construction, with a ready for service date at the end of 2021. The cable will provide eight high capacity fibre pairs
Basque Energy Agency, Ente Vasco de la Energía (EVE), said that Mutriku Wave Energy Plant has generated an accumulated figure of 2GWh. It is the first time it has been achieved by a wave power plant anywhere in the world, EVE said. Opened in 2011, the commercially operative facility generates electr
Italian subsea services major Saipem is taking actions after the confirmed cases of Coronavirus on Italian territory. Since Friday 21 February, all employees with residence in the municipalities indicated by the Regions involved have been invited to stay at their home, avoiding social interactions.
Geoquip Marine has finalized an extensive conversion and upgrade to its recently acquired multipurpose geotechnical vessel, the Geoquip Speer. As part of the refit the Speer has had its moonpool design opened up, enabling it to be fitted with a fully heave-compensated offshore geotechnical drilling
Norwegian ocean bottom node seismic company Axxis Geo Solutions (AGS) has signed a letter of intent with an undisclosed oil company to start an OBN survey in the North Sea. The work is expected to begin in the second quarter of 2020, after fulfillment of certain conditions, AGS said in Monday’s Oslo
The Norwegian Petroleum Directorate has granted a consent to Aker BP for start-up of the Skogul field in the North Sea. Skogul was proven in 2010 and the Plan for Development and Operation (PDO) was approved in early 2018. Recoverable resources are estimated at 1.5 million standard cubic meters of o
Global Cloud Xchange (GCX) subsea cables FALCON between Muscat and Suez, and FEA between Mumbai and Suez, are back in business following cuts offshore Port Suez in the Red Sea. GCX mobilized a cable ship through its partner in the Middle East, E-Marine to support with the repairs. The repairs of FAL
DOF Subsea, a wholly-owned subsidiary of DOF Group, reported loss in the fourth quarter of 2019 of NOK 30 million ($3.2 million), compared to loss of NOK 458 million ($49.1 million) in the corresponding period in 2018. Full-year result for 2019 came out negative, with loss of NOK 1.13 billion ($121.
Wintershall Noordzee has started gas production from its operated Sillimanite field, located approximately 200 kilometers off the coast of Den Helder. Sillimanite is the unitized gas field that stretches across the UK and the Dutch Continental Shelves. “With first gas from Sillimanite we once more u
Aberdeen-based subsea equipment solutions specialist Ashtead Technology has secured a new contract with Ocean Installer following the completion of subsea installation project in 2019. Ashtead will provide its Deflection Monitoring System (DMS) and field engineers to install six integrated template
