IKM Ocean Design has been awarded Johan Sverdrup Phase 2 pipeline and umbillical detail engineering contract. The contract is a continuation of IKM Ocean Design’s long-term involvement in the Johan Sverdrup project, where the company has been involved in all project stages for both Phase 1 and Phase
Eco Wave Power has started the assembly phase of the hydraulic land-located conversion unit for its first grid connected installation in Israel. This will be the first time that wave energy will connect to the national electric grid in Israel and a special Feed in Tariff (FIT) will be determined for
Swire Pacific Offshore (SPO) said it will be closing its Norwegian wholly owned subsidiary, Swire Seabed, and its three associated companies, namely Swire Seabed Subsea, Swire Seabed Shipping and Swire Seabed Sea. This change will take effect from the end of February 2020. SPO’s managing director, P
i-Tech 7, Subsea 7’s Life of Field business unit, has completed an underwater inspection in lieu of dry-docking (UWILD) project for Borr Drilling in the North Sea. Borr Drilling required a hull inspection for its Paragon MSS-1 mid-water semi-submersible, to meet ABS intermediate survey certification
Prysmian has delivered the HVDC offshore grid connection project DolWin3, off the German North Sea coast. The Italian subsea cables specialist had secured this project in February 2013, with a contract awarded by Alstom Grid (now GE Grid GmbH) on behalf of the Dutch-German grid operator TenneT. DolW
Petroleum Safety Authority (PSA) Norway has carried out an audit of Vår Energi and its pipe and subsea portfolio on the Norwegian Continental Shelf. The audit, from October this year, included inspection of Vår Energi and its portfolio of pipelines, risers, control cables and subsea facilities on th
Solstad Offshore has been awarded a long-term contract with Global Offshore, part of the Global Marine Group for the construction support vessel (CSV) Normand Clipper. The contract is scheduled to start in the first quarter 2020 and have a duration of 3 years. In addition to the fixed term, the deal
TechnipFMC has entered into memorandum of agreement (MOA) to sell the G1201 subsea vessel as it aims to optimize the profile and size of its subsea fleet. The MOA is subject to certain conditions precedent to complete the transaction. TechnipFMC expects to complete the sale in December as these cond
Alcatel Submarine Networks (ASN) has recently installed and commissioned the first phase of the permanent reservoir monitoring (PRM) system for the Johan Sverdrup field, operated by Equinor in the North Sea. The Optowave PRM system has acquired data during the first seismic data acquisition campaign
Partners in the Ærfugl field development in the Norwegian Sea have decided to move forward with Phase 2 of the project, three years ahead of the original plan. The Ærfugl field, which produces via Skarv FPSO, is one of the most profitable development projects on the Norwegian shelf with a break-even
MarineEnergy.biz has compiled the top news from marine energy industry from November 04 – November 10, 2019. https://marineenergy.biz/2019/11/05/sbm-offshore-to-deploy-wec-prototype-off-monaco/ https://marineenergy.biz/2019/11/08/orpc-secures-7-5-million-in-private-financing/ https://marineenergy.bi
Baker Hughes said that is has been awarded a multi-year subsea frame agreement by Apache’s North Sea subsidiaries. The deal will see Baker Hughes deliver a suite of subsea equipment and services including six trees, wellheads and an associated service package. Romain Chambault, Europe director, oilf
Norwegian geophysical services company EMGS has returned to profit as revenues hiked more than fourfold for the period ended September 30, 2019. The Oslo-listed company reported profit for Q3 2019 of $5.1 million or 4 cents per share, versus loss of $11.2 million in Q3 2018. Revenues for the quarter
Oslo-listed SeaBird said it will focus on a more asset-light and flexible business model after recognizing a continuous widened quarterly loss. For the period ended September 30, 2019, seismic player booked loss of around $5.1 million, compared to loss of $4.6 million in the corresponding period in
