Operations & Maintenance
Fugro Sells Multi-Client Library to Spectrum
Fugro has signed an agreement to divest its multi-client data library to Spectrum ASA, a Norwegian multi-client seismic data specialist, for a cash consideration of US$ 115 million (approximately EUR 100 million). The multi-client library business has been non-strategic since the divestment of the m
Oceaneering Continues with Ocean Intervention III
Oceaneering has extended the charter period for MV Ocean Intervention III vessel for one year, Island Offshore informs. According to Island Offshore, options for further extensions are included in the contract. Ocean Intervention III is performing subsea IMR work in Angola, and has been in service f
Image of the day: Anchors for BlueTec towed into position
Anchors for BlueTec tidal platform are being towed into position on May 28, 2015, ahead of the planned installation of the floating tidal platform. The platform will serve as a demonstration targeted at remote locations, and will be deployed off Texel island, after which it will be connected to the
Report: Solwara 1 to Potentially Reduce Mining Impacts
Nautilus Minerals informed that Earth Economics has released an independent Environmental and Social Benchmarking Analysis, based on natural capital accounting, on Nautilus’ Solwara 1 project. Solwara 1 is located in the Bismarck Sea of Papua New Guinea and it is anticipated that the proposed Solwar
Hydrex Fixes Stern Tube Seal in Australia
Hydrex diver/technician team carried out underwater stern tube seal repairs on a 200-meter roro vessel in Port Kembla, Australia. The ship was suffering from an oil leak, making an on-site repair necessary. Taking advantage of the Hydrex flexible mobdock technique the team was able to carry out the
Osiris Boosts Diving Capabilities
Osiris, part of James Fisher and Sons, has taken delivery of its new Bauer Enriched Air Nitrox diving system. The diving and subsea engineering specialist said that the system will be used for projects in the offshore renewable and oil and gas industries, the system is fully IMCA compliant and opera
Ezra to Raise $300 Mln for Debt Refinancing
Singapore’s Ezra has announced plans to raise up to $300 million through a combination of rights issue and convertible bonds in order to refinance its debt. The offshore O&G contractor said it expects to raise approximately US$150 million from the rights issue which will be primarily applied to the
Fendercare Completes UXO Project at Sandbank OWF
Fendercare Subsea Services have completed their UXO project on behalf of Sandbank Offshore Wind, a joint venture between Vattenfall and Stadtwerke München. The UXO project was conducted at the Sandbank offshore wind farm which is the second largest power generation project undertaken by Vattenfall a
Alun Griffiths wins £25 mln supply contract for Swansea tidal
Alun Griffiths has been named as preferred bidder for public realm ancillary works for Swansea Bay tidal lagoon. Under the contract, worth approximately £25 mln, Abergavenny-based Alun Griffiths will provide ancillary civil engineering for the project’s public realm works, including breakwater surfa
Polarcus Secures TGS Extension
TGS has, upon completion of the initial survey in Barents Sea Southeast, elected to extend the charter with Polarcus to acquire a further 3,000 km square kilometers of multi-client 3D seismic in the Norwegian Barents Sea. Earlier in April this year, TGS’ hired Polarcus to acquire 3,000 square kilome
Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (May 25 – May 31). OneSubsea, a Cameron and Schlumberger company, has been awarded a subsea production systems contract totaling more than $330 million for a gas project offshore North Africa. Under th
VIDEO: Sabella lays cable for D10 tidal
Sabella, a French tidal energy developer, has completed the cable laying procedure for its 1 MW D10 tidal turbine on Tuesday, May 26, 2015. The cable was installed using Bourbon’s Argonaut tugboat that is 69 m long and 14 m wide. The installation of the 2 km, 7.5 kVA cable started on Monday, May 25.
China to advance wave energy with three test sites
China is planning to build three wave energy test sites off Shandong, Zhejiang and Guangdong provinces. The small-scale test site planned for Shandong will be designated for both tidal current and wave energy technologies. The site off Zhejiang will comprise a full scale test site for tidal turbines
Seascape in Jakarta’s Main Gas Line Survey
PT Seascape Surveys Indonesia has performed a pre-engineering survey on Jakarta’s main gas line, operated by PGN, after securing a contract from SGI/KDS consortium. Seascape provided the SOV Endeavour, equipped with twin Seaeye Tiger ROVs, Air Diving, Survey and Inspection services, to complete the