Operations & Maintenance
ROVOP and WFS Join Forces to Slash OPEX
ROVOP, a remotely operated vehicle (ROV) service provider, and WFS Technologies, developer of wireless instrumentation and control solutions, have teamed up in effort to, reportedly, reduce certain operating costs by up to 80% and extend asset life by years. To launch the collaboration, the two comp
2015 a Banner Year for Offshore Wind in Europe
Offshore wind investments in Europe doubled in 2015 to EUR 13.3 billion in a record year for financing and grid-connected installations, with a total of 3,019 MW in new capacity coming online in European waters in 2015, more than double of what was connected to the grid in 2014, according to Europea
TGS Slides to Loss
Seismic contractor TGS has posted fourth-quarter 2015 net loss of $121.5 million, compared to net income of $32 million in the same period in 2014. Earnings per share (fully diluted) were $-1.19, down from $0.31 in Q4 2014. The Oslo-listed company reported net revenues of $132 million in Q4 2015, ve
Highlights of the Month: January 2016
Sea Worker Runs Aground off Denmark, Crew Evacuated Offshore installation vessel Sea Worker ran aground south of Denmark’s Hvide Sande on the night between 26 and 27 January while under tow to Esbjerg, A2SEA said in a statement. Umoe Ventus Sinks After Catching Fire off Langeland The Wave Craft Surf
Allspeeds Webtool Integrated Cutters for AKOFS Offshore
Allspeeds has supplied Webtool Emergency Disconnection Tools to AKOFS Offshore for its subsea equipment orientation system (SOES) used to install subsea trees. The Webtool cutters are integrated within the SOES providing quick disconnection of the bundles of hydraulic jumpers and electrical flying l
Aker Solutions Clinches ConocoPhillips MMO Deal in Norway
Aker Solutions’ maintenance, modifications and operations (MMO) business in Norway secured two contracts for work at North Sea fields operated by ConocoPhillips. The company received a framework agreement for a fixed period of five years to become ConocoPhillips’ main supplier of maintenance and mod
VIDEO: WaveEL buoy on the move
WaveEL wave energy buoy has left the Swedish town Falkenburg following the completion of the assembly operation. The buoy has been moved on the barge heading to Eriksberg quayside, Gothenburg, where it will be outfitted with the remaining parts. Waves4Power, the company behind WaveEL buoy, will have
SMD Delivers Solwara 1 Seafloor Production Tools
Solwara 1 Joint Venture, comprising Nautilus Minerals and Eda Kopa (Solwara) Limited, has taken delivery of three seafloor production tools (SPTs) from Soil Machine Dynamics’ (SMD) facility in Newcastle upon Tyne. The three SPTs are now en route to Oman, where they are scheduled to undergo wet testi
Norwegian Companies to Develop Submersible Fish Farming
In partnership with the companies Sinkaberg-Hansen and Egersund Net, Norway’s AKVA group has established the company Atlantis Subsea Farming AS with the purpose of developing submersible fish-farming facilities for salmon on an industrial scale. Atlantis Subsea Farming AS has applied for six develop
Diver Dies After Accident in Norwegian Yard
A 22-year-old diver from Karmoy, Norway died on Friday after being critically injured during maintenance work underwater on a platform at Westcon’s shipyard in Ølensvåg. Last Wednesday, the Norwegian media reported the diving-related incident when the seriously injured diver arrived at Haukeland Uni
Iberdrola Picks Goldbeck to Build Wikinger O&M Hub
Iberdrola has awarded the Rostock branch of Goldbeck a contract to construct a building in the Port of Sassnitz-Mukran which will serve as the base for overseeing O&M activities at the 350 MW Wikinger Offshore Windfarm. Goldbeck will be responsible for the design, planning and construction of the ne
Prysmian Bags EUR 250M COBRA Cable Contract
Prysmian has been awarded a new contract worth around € 250 million for an HVDC submarine interconnector that will link Denmark and the Netherlands, by TenneT and Energinet.dk, the operators of the Dutch and of the Danish power transmission grids. The COBRA cable (“COpenhagen BRussels Amsterdam”cabl
Polarcus Trims More Staff
Polarcus has announced additional headcount reductions and changes to the executive management team as it looks to further improve its cost position. This additional reduction of 15 employees are all office staff and include executive management positions. According to Polarcus, cost savings as a re
Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (January 25 – January 31). The MV Fugro Discovery has lost the sonar vehicle deep tow (towfish) being used to search the ocean floor for the missing Malaysian Airline MH370 while conducting search acti