Operations & Maintenance
EMGS Lets ‘EM Leader’ Go
Electromagnetic Geoservices (EMGS) and vessel owner Euro Trans Skips have agreed to terminate the charter agreement for the vessel EM Leader. The survey vessel EM Leader, which has been laid up since May 15, 2015, left EMGS’ fleet in June 1, 2016. “The termination is to the commercial benefit for bo
Bibby Offshore Secures BP Work
Bibby Offshore has won a contract with BP. The 15-day project, due to begin in August 2016, will see diving support vessel Bibby Topaz, working on four BP operations across three of its North Sea assets. The platforms involved include Central North Sea-based asset Bruce, east of Shetland-based Magnu
Rampion OWF Foundations Setup Moves Forward
E.ON has informed that the piling work to install wind turbine foundations at Rampion has restarted this week, while disposal of the two unexploded ordnance (UXO) devices, found 3km offshore, is planned to take place over the summer. 20 monopile foundations, each weighing between 500 and 800 tonnes
DOF Gets Refinancing Support, New Board Members Proposed
Oslo-listed DOF has secured bondholders’ approval for its refinancing plan which should lead the company trough the prolonged industry downturn. The company plans to improve its liquidity position by NOK 4,5 billion and reduce its net debt by up to 2,9 billion. According to DOF, the financial restru
Subsea in June
Subsea World News has gathered all the highlights to bring you a summarized version of the most popular articles from the previous month. The seabed-to-surface engineering and construction services provider, Subsea 7, made our top news a few times this month, including the announcement of a second p
ExxonMobil Gets Nod for New Subsea Well on Balder Field
The Petroleum Safety Authority Norway (PSA) has given consent to ExxonMobil to use another subsea well, on the Balder field, designated E-29-AH. Balder field is located in block 25/11 in the North Sea, around 190 km west of Stavanger. In 2013, the PSA granted consent to use six new subsea wells on t
Minesto launches support platform, wing tenders
Minesto has opened tenders for the provision of deep water support system, manufacturing of wing, wing section, and test rig for wing testing for tidal power plant.
Aker Solutions’ Man Joins Det norske as SVP Improvement
Det norske oljeselskap has appointed Per Harald Kongelf as the company’s senior vice president Improvement. He joins Det norske from Aker Solutions Norge, where he has served as the regional head of Norway, and will take up his position with Det norske on 15 September 2016. Kongelf has an MSc from t
Farstad Secures Short-Term Debt Repayment Delay
Norwegian shipowner Farstad and a majority of its secured lenders have entered into a standstill and deferral agreement, the company informed on Monday. Namely, the relevant lenders have agreed to a postponement of all amortisations of the Farstad group falling due to them in the period from and inc
Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (June 27 – July 03). NOPSEMA revealed a recent incident where a vessel lost position while diving activities were being conducted approximately 130 metres from a hydrocarbon facility offshore Western A
WellConnection Adds ChemTech
WellConnection the inspection, maintenance and repair services (IMR) provider for drilling and subsea equipment on the Norwegian Continental Shelf has acquired ChemTech. ChemTech, located at Tananger near Stavanger, provides preparation for inspection and treatment of NORM (Naturally Occuring Radioa
Bernhard Schulte Names First Siemens SOV
Bernhard Schulte Offshore has held a naming ceremony for the first wind farm service vessel built by Ulstein Verft and chartered out to Siemens in Hamburg. The vessel’s godmother Sophie Schulte named the vessel WINDEA LA COUR, a tribute to Poul la Cour, Danish meteorologist and wind turbine innovato
Minesto invites tenders for L&R system
Swedish-based tidal energy developer, Minesto, has opened a tender for the concept development, design and fabrication of the launch and recovery (L&R) system for its Deep Green tidal kite.
Primo Marine Nets Viking Link Work
Primo Marine, the subsea cabling and pipeline engineering specialist, has been awarded a contract to provide a cable burial and risk assessment (CBRA) and installation & burial expertise, for the Viking Link. Viking Link is a proposal to build a high voltage direct current (HVDC) interconnector betw