Operations & Maintenance
PHOTO: SSV Thor Magni in Action
The seismic support vessel (SSV) Thor Magni is currently on a long term charter with Norwegian seismic player PGS. The vessel is owned by Faroe Islands-based P/F Thor and was previously christened and delivered in Turkey, this year in February. The vessel, the first in a series of four for P/F Thor,
Damen to Revamp RV Marion Dufresne II
The French research vessel, Marion Dufresne II has arrived at Damen Shiprepair Dunkerque for a project that will extend her life by a further twenty years. The work will span a total of 4 months. On March 30, the vessel went into dry-dock for a 6-week period, during which the yard will carry out an
Ezra Slips in Q2, Rises in 1H
Singapore-listed offshore O&G contractor, Ezra, saw its second quarter 2015 (2Q2015) profit after tax (PAT) drop 79% from $22.1 million in the corresponding period of 2014 to $4.7 million, after three months ended February 28, 2015. Revenue for the quarter increased slightly (1%) to $302 million, co
DOF Subsea to Provide AUV Services
DOF Subsea, a provider of integrated subsea services, will stage the European launch of a new addition to its suite of services next week. During the Ocean Business event at the National Oceanography Centre in Southampton, UK from April 14th to 16th, the company will showcase its newest service, uti
Uptime International Wins Offshore Wind Contract
Uptime International has entered into contract with Ulstein Verft AS for delivery of two active motion compensated gangways. The walk to work systems will be mounted during first half of 2016 on two new built wind turbine service operation vessels (SOV) ordered by Bernhard Schulte and their affiliat
Video: Wavestar wave energy device
Danish Wavestar is a wave energy device that converts the rising and falling movement of the floats to produce electricity. Wavestar A/S, the company behind Wavestar wave energy device, aims to develop a commercial wave energy device that would have the capacity of 600 kW, and would consist of 20 fl
Osiris Wraps Up Humber Gateway Project
Osiris, part of James Fisher and Sons, has successfully completed a long-term project started in spring 2014, carrying out a wide-range of services with cross-trained personnel on the 219MW wind farm, Humber Gateway, based 8km off the Holderness coast in East Yorkshire. Osiris provided a Cougar-XT R
Dolphin Wins More Work
Oslo-listed seismic contractor, Dolphin, has secured additional contract work and industry funding for new multi-client projects. According to the company, the total amount of work will be 5-6 vessel months of 3D seismic acquisition and 5 months of 2D seismic acquisition. The work is scheduled to be
Siem Gets Veja Mate OWF Cable Contract
Siem Offshore Contractors GmbH (“SOC”) has been awarded the contract for the turnkey supply and installation package of the inner array grid cable system for the 400 MW Veja Mate Offshore Wind Farm. The contract, estimated at a value in excess of EUR 100 million (USD 109 million), highlights the con
EMAS in Profit Leap
Singapore-based offshore contractor, EMAS Offshore, has reported net profit of US$9.7 million in the second quarter of fiscal year 2015, an increase from the US$4.0 million in the corresponding quarter of the previous fiscal year. Revenue for the quarter was US$60.9 million, compared to US$67.6 mill
Harlen’s Dundee Facility Delivers Its First Project
Aberdeen-based fabrication and engineering business, Harlen Fabrication Ltd has successfully delivered their first project from their recently established Dundee Quayside facility. The contract was for the procurement of materials and manufacture of 32 engineered Clump weights totalling some 2,000 t
Oil and gas sector turbulence cuts costs for tidal projects
The vessels used to install the cables and turbines for tidal projects are the same as the vessels used by offshore oil and gas industry, and due to decline in the drilling activities in offshore oil and gas, tidal projects can benefit from these events. Proactiveinvestors reports that the drop in t
Port of Cherbourg quay extension completed
The extension of the “Quai de Flamands” at port of Cherbourg has been completed this March. The port of Cherbourg now comprises a 680 m linear wharf that is accessible to vessels up to 14 m draught, and has a bearing capacity of 15 t/m2. The extension was performed within the framework for renewable
Seatricity Oceanus 2 Almost Ready for Redeployment
Seatricity has informed that the winter refit of its Oceanus 2 wave energy convertor is nearing completion. Over the next few days, Seatricity’s patented hydraulic pump, which was stripped down over the winter for component analysis, will be reassembled at The Cylinder Service Center Ltd of Washingt