Operations & Maintenance
Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (October 07 – November 13). Saipem has been awarded new contracts and change orders in the E&C offshore segment, for an overall amount of about 1 billion dollars. In particular, the most significant ar
Photo of the Day: MPI Resolution Ready for Deeper Waters
MPI Offshore’s wind-turbine installation vessel (WTIV), MPI Resolution, is ready to operate in deeper waters after works to extend the vessel’s six legs have been completed. The leg extensions are now class approved and fully operational, Vroon said. The upgrade work took place over a 60-day convers
South Korea Tapping Into Dutch Offshore Wind Know-How
Energy research Centre of the Netherlands (ECN) and DUWIND/TU Delft have designed a long-term training programme for future South Korean experts who will work on developing offshore wind potential off the Jeju Island. Over a five-year period, academic-level Koreans will receive training in basic the
South Korea Tapping Into Dutch Offshore Wind Know-How
Energy research Centre of the Netherlands (ECN) and DUWIND/TU Delft have designed a long-term training programme for future South Korean experts who will work on developing offshore wind potential off the Jeju Island. Over a five-year period, academic-level Koreans will receive training in basic the
Olympic Ares Installs Tidal Turbine Off Scotland
Bibby Offshore informed that the Olympic Ares, a multifunctional subsea support & construction vessel, is currently engaged in a tidal energy project in the Pentland Firth, Northern Scotland. The Olympic Ares, equipped with a 250te AHC knuckle boom crane, is installing a turbine for the Atlantis Res
Olympic Ares on point for MeyGen turbines installation
Olympic Ares, a multipurpose vessel supplied by subsea services provider Bibby Offshore, is currently being used for the installation of MeyGen tidal turbines in the Pentland Firth, off Scotland
Viper Subsea Branches Out into Other Markets as Viper Innovations
Viper Subsea is said to be preparing to diversify and grow its business by transferring its technology into new markets. In preparation, Viper Subsea Technology Limited has formally changed the name of the registered company to Viper Innovations Ltd. The trading name of Viper Subsea will continue to
Magseis Sees Deficit Grow
Norwegian seabed seismic services player, Magseis, has seen red ink at the end of the third quarter 2016 as it booked impairment of asset related to the conversion of seismic node technology. The Oslo-listed company has seen its revenue up to USD 13 million from USD 12.8 million same time last year.
UK Scientists Release Underwater Noise Study
The Centre for the Environment, Fisheries and Aquaculture Science (Cefas) has teamed up with Marine Scotland Science and the University of Exeter to analyse underwater noise data from subsea sound recorders located around the UK coast. The results of the Defra-funded study have now been published in
Collaboration drives C2C tidal testing
Aberdeenshire-based tidal energy developer, Current2Current (C2C), has highlighted the collaboration as the key driver for the advancement of its tidal energy technology.
Oceanteam Narrows Loss
Oslo-listed Oceanteam has booked net loss of some $600K for the third quarter ended September 30, 2016. This result compares with $6 million loss in the corresponding period in 2015. The Norwegian-Dutch offshore service provider generated $11 million in operating revenues, down approximately 16% com
Siemens Wind Power’s Q4 2016 Profit Up Despite Thinner Orderbook
Siemens Wind Power and Renewables recorded an 84% rise in profit in the fourth quarter of the Fiscal Year 2016 despite a 56% slide in orders received compared to the fourth quarter of 2015. The profit in the company’s renewables division was EUR 132 million in Q4 FY 2016, compared to EUR 72 million
Aker BP Begins Production from Viper and Kobra
Aker BP has started the production from Viper-Kobra project, which is tied back to the Alvheim FPSO. “The Viper-Kobra project is developed on time, on budget and is a small, but important project for Aker BP. Viper-Kobra leverages on the existing infrastructure in the Alvheim area, thus ensuring max
Minesto takes Deep Green to Taiwan
Minesto has signed the collaboration agreement with the Research Center for Ocean Energy and Strategies (RCOES) at National Taiwan Ocean University to explore the potential of using its Deep Green tidal technology in Taiwan.