Operations & Maintenance
Ezra Takes Q2 Loss
Ezra Holdings has booked a loss in the second quarter as the weak market drove the revenues down forcing the Singapore-based offshore contractor to recognise impairments and write offs of bad debts. The Losses for the three months ending February 29 came in at USD 282.6 million for Q2 2016 and USD 3
WHOI Supports NTSB Search for El Faro Data Recorder
The Woods Hole Oceanographic Institution (WHOI) will assist the National Transportation Safety Board (NTSB) as it undertakes its second search for the vessel data recorder (VDR) of the sunken El Faro cargo ship. The U.S. flagged El Faro sank during Hurricane Joaquin on October 1, 2015. All 33 of the
Primo Marine Completes Cable Emergency Response Manual for Luchterduinen OWF
Rotterdam-headquartered Primo Marine has finalized the Cable Emergency Response Manual for the subsea power cables of the 129MW Luchterduinen offshore wind farm. Primo Marine was commissioned to compile an operational Cable Emergency Response Manual, covering prevention, and preparedness & response
Primo Marine Completes Cable Emergency Response Manual for Luchterduinen OWF
Rotterdam-headquartered Primo Marine has finalized the Cable Emergency Response Manual for the subsea power cables of the 129MW Luchterduinen offshore wind farm. Primo Marine was commissioned to compile an operational Cable Emergency Response Manual, covering prevention, and preparedness & response
Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (April 11 – April 17). Kongsberg Maritime’s UK division has uncovered the long lost model of Nessie which was used during filming of 1970’s “The Private Life of Sherlock Holmes”. The discovery was made
Aker Solutions Signs Up Aberdeen for Another Decade
Aker Solutions is redeveloping its manufacturing site in Aberdeen to strengthen its capabilities in the UK. The company has signed a new 10-year lease for the Kirkhill Avenue site in Dyce, Aberdeen, which has served as a joint subsea equipment manufacturing and subsea services facility for Aker Solu
Wind Ambition Lives Up to Her Name
The floating hotel Wind Ambition has set off on a new campaign to provide accommodation for crews working on four offshore wind farms in the German North Sea, C-bed, the owner and operator of the vessel said without specifying which farms the crews will be servicing. The project commenced in April 2
Kleven Hosts Edda Freya Naming Ceremony
Norwegian shipbuilder Kleven is marking this year’s first naming ceremony with the christening of BN 373, subsea construction vessel, Edda Freya. Kleven has built the 150-meter vessel for Haugesund-based vessel owner Østensjø Rederi. After delivery, Edda Freya is scheduled to join the DeepOcean flee
Aker Solutions Grabs Petrobras Prize
Aker Solutions has secured an agreement to provide maintenance and other services for subsea facilities at Petrobras-operated oil and gas fields offshore Brazil. The contract is for a fixed term of three years valued at BRL 435 million net of taxes (NOK 1 billion) and may be extended by another thre
Ezra Looks to Dispose of FPSO Lewek EMAS
Singapore-listed offshore contractor, Ezra, and EMAS Offshore Production Service, a wholly-owned subsidiary of EMAS Offshore, have accepted a non-binding letter of intent (LOI) to sell at least their current combined 78,4 per cent in PV Keez to a global infrastructure investment firm. PV Keez is a s
Fukada Salvage Puts UNICORN-1 Drill to Work
Fukada Salvage & Marine Works has completed the sea trial for its seafloor drill UNICORN-1. UNICORN-1 is a seafloor drill designed to operate in waters down to 3,000m depth for geotechnical surveys and mineral explorations. It is a semi-automated wireline drill using commercial tooling. The system i
Basslink Repair Relies on Calm Sea and Good Weather
Basslink operator has informed that repair work on the cable continues to progress well, and that the interconnector remains on track to return to service in June as previously advised. Basslink’s cable repair vessel recently underwent planned modification works in Geelong which is necessary for it
BAE Systems to Build Subsea Mine Hunters for US Navy
BAE Systems has been awarded a £15.5-million contract by the U.S. Department of Defense (DoD) to manufacture and deliver Archerfish mine neutralisers. Archerfish is a remotely-controlled underwater vehicle equipped with an explosive warhead to destroy sea mines. In addition to Archerfish mine neutra
IRMS Launches Its Solution to Maintaining Pipeline Valves
IRM Systems (IRMS), the independent authority in emergency pipeline repair, has introduced its new method of maintaining critical pipeline valves. Reportedly, the Valve Integrity Management Solution (VIMS) was developed to help maintain pipeline valves to performance standards and criteria that can