Subsea
MARIN Invests in Bosch Rexroth Wave Generators
Bas Buchner, MARIN president, and Ron van den Oetelaar, General Manager Bosch Rexroth Benelux, signed a contract for a new wave generator for MARIN’s new Concept Basin. Part of this contract is a complete new wave generation control system for the wave generators in the Offshore Basin and Seakeeping
INPEX: Production Starts at Nasr Oil Field
INPEX announced that its wholly-owned subsidiary Japan Oil Development Co. (JODCO) has kicked off oil production from the Nasr Oil Field offshore Abu Dhabi, the United Arab Emirates, on January 24, 2015. The Nasr Oil Field is located approximately 130km northwest of Abu Dhabi City. INPEX has jointly
Dutch Govt Hires Cefas Endeavour for ITB Survey
The RV Cefas Endeavour has started an 18 day charter to the Government of the Netherlands organisations Rijkswaterstaat (RWS) and the Institute for Marine Resources & Ecosystem Studies (IMARES), with local mobilisation in Scheveningen (Netherlands). The 74 metre multi-disciplinary research vessel wi
InfraRed Final Equity Investor in Tidal Lagoon Swansea Bay
InfraRed has been named as the final institutional equity investor in Tidal Lagoon Swansea Bay. The investment, equaling that of Prudential last October, confirms full equity funding from two British institutions. InfraRed will make the investment from existing funds, the company informed. Werner vo
TGS Revenues Rise, Profit Drops
TGS has confirmed net revenues of USD 298 million in Q4 2014, up 10% from USD 271 million in Q4 2013 and representing a record high for the Company. TGS achieved its 2014 guided revenues with full year net revenues of USD 915 million, up 4% from USD 883 million in 2013. However, the net income [&hel
EMGS Up on Profits
Electromagnetic Geoservices (EMGS) has recorded revenues of USD 52.5 million in the fourth quarter 2014, up from USD 41.7 million in the third quarter and from USD 44.9 million in the corresponding quarter in 2013. Contract sales totaled USD 25.5 million, while multi-client sales were at USD 27.0 mi
Pieter Schelte Unwanted in UK Waters
Yesterday’s announcement from Shell on awarding the Brent field decommissioning contract to the Allseas’ Pieter Schelte attracted comments and reactions from maritime workers union. According to RMT “a vessel which is named after a top German Nazi jailed for war crimes at the end of the war,” doesn’
Island Offshore Lands Maersk Oil Charter
Island Offshore has secured a contract from Maersk Oil North Sea UK covering the time charter of the purpose built walk-to-work, subsea support vessel Island Crown. The company said that the duration of the contract is 100 days, with options to extend the contracts further. The vessel will start the
GC Rieber Not Getting Paid for Reef Subsea Sale
GC Rieber Shipping ASA said that The HV V Golf companies have not fulfilled the obligations related to the seller’s credit, regarding the sale of the company’s shares in Reef Subsea. Namely, after Reef Subsea had a significant negative result in the fourth quarter 2013, on January 28 2014, the Norwe
Nexans’ Umbilicals for Statoil’s Visund Field
Statoil’s Visund oil and gas field, located in the Tampen area of the Norwegian North Sea, will be the fifth project to use standard umbilicals developed by Nexans. The standardised umbilicals are made up of electrical and fibre optic cables as well as hydraulic and chemical lines. Nexans will deliv
VIDEO: VBMS in Luchterduinen OWF Export Cable Setup
In October 2014, VBMS installed the export cable for the Eneco Luchterduinen Offshore Wind Farm, executed by the CLV Ndurance and the Trenchformer. The multi-purpose trencher, developed and built by VBMS and Boskalis, used its jetting sword to bury the cable 3 metres deep near shore. This video show
Damen Gets ‘Global 1200’ Upgrade Job from Technip
Damen Shiprepair Rotterdam (DSR) has been awarded a contract by Technip, for dry-docking, upgrades and operational modifications to the deepwater rigid pipe S-lay and heavy lift vessel, the Global 1200. The Global 1200 is the first of two deepwater rigid pipe S-lay and heavy lift vessels owned by Te
Prysmian Plans Expansion in Romania
Prysmian Group has announced new development plans to strengthen its operations in Romania, as a further step of the investment plan started in 2013 with the opening of a newly built optical cable plant in Slatina. The announcement of a Memorandum of Understanding to study a submarine connection bet
Bourbon 2014 Revenues Up 6.7%
French vessel owner and offshore services provider, Bourbon, has posted an increase in fourth quarter 2014 (Q4) adjusted revenues and a 6.7% rise in full year adjusted revenues despite the harsher market towards the year end. The company generated a total of €1,385 million in full year adjusted reve