Subsea
PGS Wins Patent Battle, EMGS to Appeal
Petroleum Geo-Services ASA (PGS) has won a legal dispute against ElectroMagnetic GeoServices ASA (‘EMGS’), after Oslo District Court ruled in its favor last Firday, February 13, 2015. Namely, ElectroMagnetic GeoServices ASA (EMGS) filed a lawsuit against PGS for patent infringement relating to PGS’
Balfour Beatty Sells Thanet OFTO Interest for USD 61.7 Mln
Balfour Beatty, the international infrastructure group, announced the disposal of an 80% interest in the Thanet offshore transmission project (“Thanet OFTO”) for £40 million ($61.7 million). Thanet OFTO is the high-voltage electricity transmission system connecting the 300MW Thanet Wind Farm, off th
IMCA Gets New Marine Technical Adviser
Andy Goldsmith has joined the International Marine Contractors Association as Technical Adviser Marine, with particular responsibilities for DP (dynamic positioning). “With 17 years on a range of DP vessels under his belt, and as a long-time user of IMCA guidance, Andy is an ideal addition to our bu
UK: Two Navies in Joint Dive
Royal Navy divers took the opportunity to dive with their counterparts in the Norwegian Navy in Plymouth Sound. The dive team from Southern Diving Unit 1, based in HM Naval Base, Devonport, Plymouth, joined colleagues from HnoMS Fridtjof Nansen, an advanced Royal Norwegian Navy frigate. Lieutenant C
Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (February 09 – February 15). Swiss-based offshore company Allseas has announced that the largest vessel in the world ‘Pieter Schelte’ is being re-named to ‘Pioneering Spirit’. The company already annou
VIDEO: Maersk Future Subsea Support Vessel
Maersk Supply Service (MSS), part of the A.P. Moller-Maersk Group, has released an animation of the future addition to its fleet, four subsea supply vessels, to be built by COSCO (Dalian) Shipyard for over USD 470 million. The MT6027 Marin Teknikk-design vessels will have a length of 138 metres, a b
PHOTO: Statoil Presents Johan Sverdrup Plan
Statoil and its partners have submitted the plan for development and operation (PDO) for Johan Sverdrup, phase one, to the Norwegian Ministry of Petroleum and Energy. Statoil’s chief executive officer Eldar Sætre handed over the PDO to Norwegian petroleum and energy minister Tord Lien. “This is a gr
Goliat FPSO Leaves HHI, Heads to Norway
Hyundai Heavy Industries (HHI) announced that Goliat FPSO, the world’s largest cylindrical FPSO ordered by Eni Norge, sailed away from its yard. The 64,000 ton cylindrical floater, measuring 112 m in diameter and 75 m in height, is designed to store one million barrels of crude oil per day. The FPSO
Project Linking Fisheries and Seabed Mapping Begins
Ciaran O’Donnell, a specialist in fisheries acoustic research with Fisheries Ecosystem Advisory services at the Marine Institute has begun a PhD research project that will link fisheries and seabed mapping acoustic technologies. By using both technologies he aims to learn more about how fish behave
First Subsea Introduces New Equipment at EWEA Offshore
First Subsea, a subsea connector specialist, is launching a new monopile interface connector for offshore wind monopiles, and top tension connector for floating wind turbines, on stand A-D8 at EWEA Offshore 2015. The most labour intensive and time-consuming element of cable installation into an offs
Interwell UK Reports Change in Management
Interwell UK has announced the departure of its managing director, Andrew Louden. The company said that Louden has decided to pursue a new challenge and has handed the reins of responsibility to David Aitken, who has worked alongside him since the UK’s inception in January 2011. Louden joined Interw
Nexans Narrows Losses
Nexans has ended 2014 with a net attributable loss of 168 million euros, compared with a 333 million euro net loss in 2013. According to the company, the loss is mainly because of the recognition of a non-recurring 197 million euro net asset impairment, notably for goodwill in Australia, North Ameri
VIDEO: Kongsberg Underwater Noise Monitoring
The Marine Safety Framework Direcitve (MSFD) will soon require EU Member States to have strategies in place for monitoring and, where necessary, mitigating underwater noise. Kongsberg Maritime has designed and developed underwater monitoring systems, such as Seaglider, AMBS and RUNES. Seaglider is d
Aker Solutions Profit Rises
Aker Solutions revenue rose 21 percent to NOK 9.2 billion in the fourth quarter of 2014 from a year earlier, helped by strong progress on major projects across the global business. Earnings before interest and taxes (EBIT) climbed to NOK 557 million in the quarter from NOK 486 million a year earlier