Operations & Maintenance
Reach Subsea Stays in Profit
Norwegian contractor Reach Subsea managed to remain in black but still has booked a decrease in profit in the fourth quarter 2015, despite higher revenues backed by increased activity levels. In the fourth quarter 2015, Reach had four vessels in operation, opposed to one less same time last year as
Update: Worker On Board Wind Pioneer Injured by Fire Hose
British and Danish authorities have started an investigation to determine the root cause of the accident in which a worker on board the jack up vessel Wind Pioneer was injured on Saturday, 20 February, while the vessel was carrying out maintenance work at the 172MW Gunfleet Sands offshore wind farm.
IKM Subsea Wins ROV Services Extension for Nexans Skagerrak
Nexans Norway and IKM Subsea have come to an agreement to extend the current ROV services contracts on board the vessel Nexans Skagerrak. The contract value including options is 75 million NOK and duration term is firm for 3 years + 2 yearly options. IKM Subsea’s ROV services will be integrated with
Man Injured at Gunfleet Sands Offshore Wind Farm
One of the workers on board the Wind Pioneer jack up vessel at the Gunfleet Sands offshore wind farm was injured during the weekend. The unfortunate man had suffered a lacerated leg and was flown to Colchester Hospital by Air Sea Rescue helicopter, according to ITV. “A crew member on the DBB-owned j
Heinen & Hopman to Look After HVAC System at Eneco Luchterduinen
Heinen & Hopman has secured a five-year contract from Eneco to supply 24/7 service and maintenance for the HVAC (Heating, Ventilation and Air Conditioning) system at the 129 MW Eneco Luchterduinen offshore wind farm. The company also supplied the HVAC system for the wind farm. The HVAC is especially
JDR Bags McDermott Umbilical Deals
JDR, the UK-based supplier of subsea umbilicals and power cables to the offshore energy industry, has been awarded two umbilical contracts by McDermott Middle East Inc., for undisclosed operators. The umbilicals will be delivered to two projects in the United Arab Emirates and Qatar. The first proje
Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (February 15 – February 21). Norway’s Statoil has reportedly given up on constructing a new platform to develop its Snorre 2040 project offshore Norway for a subsea solution which should cut costs, hel
Siemens Picks SMC as Marine Coordinator for Gemini OWF
Siemens has chosen the UK-based Specialist Marine Consultants Ltd (SMC) to provide offshore Marine Coordination for the 600MW Gemini offshore wind farm off The Nethelands. SMC started Marine Coordination for the 150 turbine site situated in the Dutch sector of the North Sea, the first of which was i
GE Lands Statoil Subsea Deal
GE Oil & Gas has signed a master service agreement with Statoil for new subsea projects. The global agreement forms the basis for potential new contracts for subsea equipment and services on new projects and field developments. The contract is valid globally until 2025. “We are pleased to have secur
MeyGen: Grid-connection works progressing well
The foundations, steelwork and cladding have been completed for the MeyGen’s Power Conversion Utility Building, and the onshore project is ready for electrical fit out works. Once completed, the building will house power conversion equipment for the turbines, 33 kV switchgear for grid connection, an
GC Rieber Takes NOK 400 Mln Hit
GC Rieber Shipping, has booked quarterly loss of NOK 400.1 million, compared with loss of NOK 201.4 million in 2014, due to loss from the bankruptcy of Dolphin Geophysical, impairment of the fleet and expensing of previously capitalized deferred tax assets. The loss of NOK 189.7 million is related t
DOF Subsea Profit Declines
DOF Subsea reported profit for the fourth quarter 2015 of NOK 53 million compared with NOK 63 million profit for the corresponding period in 2014. In the 4th quarter 2015, the Bergen-based company had operating income of NOK 1 565 million versus NOK 1 931 million in 4th quarter 2014. DOF Subsea gene
Scotrenewables Sets Up Anchoring System at EMEC
Scotrenewables Tidal Power has completed the deployment of its advanced modular anchoring system at the European Marine Energy Centre, Orkney in preparation for the installation of its SR2000 2MW floating tidal turbine. The anchor deployment formed part of a novel tidal anchors project for floating
Wood Group PSN Axes Contractor Rates in UK
Wood Group PSN (WGPSN) has announced plans to reduce the rates paid to approximately a third of its UK-based limited company contractors by an average of 9 per cent, in line with competitive market rates. James Crawford, managing director of WGPSN in the UK and Africa, said: “This is not a decision