The European Investment Bank has agreed to provide USD 25 million for construction of a new telecom connection to Cabo Verde. The new submarine cable will transform communications to the small island state, enabling faster internet access and the roll out of 4G mobile services. “Cabo Verde Telecom w
Altus Intervention has secured contracts with TechnipFMC Island Offshore Subsea (TIOS), a TechnipFMC and Island Offshore company, for the provision of wireline services across three of their vessels. The vessels include Island Constructor, Island Frontier and Island Wellserver. The contract duration
Sif has landed a contract to manufacture 84 monopiles for the 800 MW Vineyard project in Massachusetts USA. Sif’s scope comprises manufacturing of the monopiles, storage at our MV2 facility and delivery by RoRo load-out via our deep sea quay side on transportation vessels in 2020-2021. The 800 MW pr
Installation of the new Coral Sea Cable system has started from Port Moresby in Papua New Guinea. Over 4,700km of cable will be laid on the ocean floor from Port Moresby to Honiara and Sydney, with work expected to be completed in late 2019. The underwater fibre optic cable will provide significantl
Equinor has agreed with Lundin Petroleum to divest a 16 percent shareholding in Lundin for a direct interest of 2.6 percent in the Johan Sverdrup field and a cash consideration of around USD 650 million. “Since 2016 we have more than doubled the value of our investment in Lundin. This transaction gi
Subsea World News has put together a recap of the most interesting articles from the previous week (July 01 – July 07). This content is available after accepting the cookies. Change cookie-settings View on Subseaworldnews. Reliance Hires Technipfmc For Mj1 Field Surf This content is available after
MarineEnergy.biz has compiled the top news from marine energy industry from July 01 – July 07, 2019. https://marineenergy.biz/2019/07/01/eco-wave-power-launches-ipo-gears-for-swedish-nasdaq-listing/ https://marineenergy.biz/2019/07/01/oceanset-project-to-support-ocean-energy-implementation/ https://
DeepOcean has been awarded a contract by Equinor for performing marine operations in connection with installation of the Vigdis Boosting Station and associated in-field structures and flexibles. The award to DeepOcean covers project management, engineering and offshore installation activities. The o
Rever Offshore has completed three standalone contracts for energy major Total E&P UK. The contracts utilized Rever Offshore’s multi-purpose dive support and offshore construction vessel (DSV) Rever Polaris, and ROV support vessel (ROVSV) Rever Sapphire. Operating over 100 days across North Sea asse
Maritime Developments (MDL) has secured a follow-up flexible and umbilical installation job offshore West Africa. The work scope is a continuation of the EN-09 project, concluded in April 2019. The project is run by DeepOcean Ghana and the offshore execution will be performed using the Vertical Lay
Electromagnetic Geoservices (EMGS) has seen vessel utilization for the second quarter 2019 at 73% compared with 31% for the second quarter in 2018. In the second quarter of 2019, the company’s vessels were allocated 45% to proprietary work and 28% to multi-client projects. In the comparable quarter
Equinor has, on behalf of the Oseberg partners, made an oil discovery related to Oseberg Vestflanken. The well was drilled by the Askepott rig and the discovery will soon be put on stream via the new, unmanned and remote-operated H platform on the Oseberg field. Included in the Oseberg Vestflanken P
Hydrex has developed a new method to clean propeller blades underwater in close communication with the Dutch Ministry of Infrastructure and Water Management. This method complies with the environmental regulations in Belgium and the Netherlands and as a result, Hydrex has been given permission to cl
MMT has secured a contract from Netherlands Enterprise Agency (RVO.nl) to perform a geophysical soil investigation of the Ten Noorden van de Waddeneilanden wind farm zone. The objective of the geophysical soil investigation is to contribute to the bathymetrical, morphological and geological understa
