Operations & Maintenance
Xodus Inks Employers Representative Deal with SSE
Xodus Group has been awarded a framework agreement with energy company SSE to provide employers representative services for the development and ongoing improvements of its electrical networks. The contract is for three years with potential extension for a further two years and is estimated to be wor
Technip Bags Contract Extension for Logistic Base in Brazil
Technip has signed a four years extension of its five-year initial contract signed in January 2011 with Petrobras for its Flexible Pipes Logistic Base (BAVIT), located in Vitória, Brazil. The scope covers storage, handling, inspection, testing, load-out (two simultaneous vessel load-out points), int
Harkand Loses Two Vessels
Nordic Trustee ASA and Harkand Finance Inc. have exercised their rights to terminate the internal bareboat charters for the dive support vessels Harkand Da Vinci and Harkand Atlantis. The two vessels were scheduled to deliver subsea support services for Maersk Oil’s Flyndre development. Nordic Trust
BP Extends Operating Life of Ula Oil Export Pipeline
BP has received consent to extend the operating life of the Ula oil export pipeline. BP Norge (BP) is the operator of the Ula field, located in the southern North Sea. It is located in about 70 meters of water, and consists of three conventional steel facilities. The oil from Ula is transported to T
Reach Subsea in Charter Overhaul, Solstad and Rederi Become Shareholders
Norwegian contractor Reach Subsea said it has agreed on restructuring of its charter agreements with Solstad Offshore and Østensjø Rederi, which should enable the company to move forward with market based chartering rates. As part of the restructuring Solstad Offshore and Østensjø Rederi will become
Oceaneering Profit Down 64% in Q1
Oceaneering reported net income of $25.1 million, or $0.26 per share, on revenue of $608 million for the three months ended March 31, 2016. During the corresponding period in 2015, Oceaneering reported net income of $69.5 million (approx. 64 per cent higher), or $0.70 per share, on revenue of $787 m
Sonardyne Scout for UNSW Survey Ops
The University of New South Wales (UNSW), is using underwater positioning technology from Sonardyne Asia in Singapore to support pioneering research into human impact on marine and estuarine habitats. The Scout-Pro Ultra-Short BaseLine (USBL) system tracks the position of divers whilst they collect
Van Oord to Install Arkona Foundations
Energy supplier E.ON has awarded the contract for the transport and installation of foundations at the Arkona offshore wind project in the German Baltic Sea to Van Oord. Van Oord will install the project’s 60 monopiles and transition piece foundations. For installing foundations at the Arkona offsho
Subsea 7 Gets Pipeline Bundle Job for Apache’s Callater
Subsea 7 has been awarded engineering, procurement, installation and commissioning (EPIC) contract by Apache North Sea, as part of the Callater field development, located 335km north east of Aberdeen. According to the company, the contract is worth between USD 50 million and USD 150 million. The wor
Sabella to retrieve D10 tidal turbine this summer
Sabella, a French-based tidal energy developer, plans to retrieve its D10 tidal turbine, deployed in Fromveur Passage, off Ushant island, this summer.
Oceanus 2 ready to hit water
The winter refit process of Seatricity’s Oceanus 2 wave energy converter is nearing completion, with the device expected to hit the water in the following days.
Halliburton Cuts 6000 Jobs in Q1
Oilfield services major Halliburton has reduced its workforce by more than 6,000 employees during the first quarter 2016. Following this recent round of layoffs, the company has slashed it global headcount by approximately one-third since late 2014. The company said its first-quarter revenue dropped
VBMS Wins Arkona Inter-Array Cabling
VBMS has been awarded a contract by E.ON for the installation of 65 inter-array cables for the Arkona offshore wind farm (OWF). The total scope of work for VBMS will consist of route engineering, surveying, a pre-lay grapnel run, trenching, termination and testing of the 65 cables. The cabling proje
Basslink Repairs On Schedule
Basslink’s operator informed that cable repair vessel, the Ile de Re, is returning to Geelong after it wrapped up the first of three jointing exercises. “We are very pleased to report that the first joint has been completed, with 1355m of new cable laid on the seabed,” said Basslink CEO Malcolm Eccl