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Subsea

Statoil, Kvaerner Sign Johan Sverdrup Jacket Contract
Subsea

Statoil, Kvaerner Sign Johan Sverdrup Jacket Contract

Statoil has awarded a contract to Kværner Verdal for delivery of the riser platform jacket for the Johan Sverdrup field. Scheduled for delivery in the summer of 2017, the jacket’s contract value is close to NOK 2.0 billion. The contract is an execution of parts of the letter of intent which Statoil

about 11 years ago
Maritime Developments Scoops £7 Mln in Orders
Subsea

Maritime Developments Scoops £7 Mln in Orders

Maritime Developments has won contracts worth in the region of $10.6 million (£7 million) and broadened its product portfolio. The company, which supports subsea industry operations worldwide, has secured the first order for its innovative portable overside vertical lay system (PVLS) from a leading

about 11 years ago
HIE Acquires Pelamis’ Intellectual Property and Assets
Subsea

HIE Acquires Pelamis’ Intellectual Property and Assets

Development agency Highlands and Islands Enterprise (HIE) has reached agreement with administrators KPMG to acquire intellectual property and a range of physical assets previously owned by Pelamis, which went into administration in November 2014. HIE has obtained the assets on behalf of Wave Energy

about 11 years ago
Van Oord’s ‘Nexus’ Gets New Equipment
Subsea

Van Oord’s ‘Nexus’ Gets New Equipment

Van Oord’s new DP2 cable layer Nexus got its cable carousel, fabricated by IHC Engineering Business, and a SMST’s 170 mton knuckle boom crane on January 19, 2015 at the BOW Terminal in the Nederlands. The huge cable carousel has a capacity of more than 5,000 tons and an offshore crane will enable it

about 11 years ago
Wood Group PSN Names New CFO
Subsea

Wood Group PSN Names New CFO

Steve Nicol has been appointed as chief financial officer (CFO) of Wood Group PSN (WGPSN). Effective February 2015, Steve moves into the role from his previous position as CFO of WGPSN’s UK operations. Steve succeeds David Kemp in the role of CFO of WGPSN. David will take up the post of CFO of Wood

about 11 years ago

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J+S Wraps Up North Sea Project for CNR
Subsea

J+S Wraps Up North Sea Project for CNR

In what is a first in the North Sea, J+S Ltd, part of the Cohort Group, have created an engineering solution to terminate complete with pigtails onto an existing umbilical. The solution required replacement of a single 3-phase connector with separate phase connections to each core. As most HV connec

about 11 years ago
Damen, Saab Join Forces on Submarine Front
Subsea

Damen, Saab Join Forces on Submarine Front

Swedish defence and security company Saab is teaming up with Dutch shipbuilder Damen Shipyards Group to explore future opportunities in the international submarine market. The companies have signed an exclusive teaming agreement to work together in pursuit of the potential Walrus-class submarine rep

about 11 years ago
BOURBON Expands ROV Fleet
Subsea

BOURBON Expands ROV Fleet

BOURBON has commissioned 3 Heavy Duty Work ROVs (Remote Operated Vehicles) designed by FMC Technologies Schilling Robotics. Capable of operating at depths of up to 3000 m, these underwater vehicles will be deployed on Multi-Purpose Support Vessels (MPSV). Fitted with manipulator arms, dynamic positi

about 11 years ago
ABPmer Helps Optimise Hornsea OWF Cable Burial
Subsea

ABPmer Helps Optimise Hornsea OWF Cable Burial

ABPmer was contracted by Cathie Associates Ltd to assess sediment mobility along the export and infield cable routes of two sub-projects within the Hornsea offshore wind farm zone. To help Cathie Associates Ltd establish the required cable burial depths, ABPmer reviewed detailed survey data to asses

about 11 years ago
Siem Waits on Full Deposit for Two OSCVs
Subsea

Siem Waits on Full Deposit for Two OSCVs

Siem Offshore and Daya Materials Bhd. entered into an agreement in August 2014 for the sale of the two Offshore Subsea Construction Vessels (OSCVs) ”Siem Daya 1” and ”Siem Daya 2” at a total price of USD 282 million. Daya has paid a deposit of USD 1.4 million in aggregate on the vessels, and has [&h

about 11 years ago

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VIDEO: Shell Deep-Water Projects
Subsea

VIDEO: Shell Deep-Water Projects

While the world will need to develop multiple energy resources to meet the energy demand, oil and gas will continue to play a significant role and deep water is a crucial part of the mix. Shell believeS innovation holds the key to successfully unlocking oil and gas from deep water safely and respons

about 11 years ago
Claxton Improves Its Surface Riser Packages
Subsea

Claxton Improves Its Surface Riser Packages

Claxton, an Acteon company, is extending its large surface riser inventory to meet operators’ needs as more heavy-duty jackup rigs enter the North Sea. The company, which already has more than 560 feet of rapid call-off surface riser stock, is adding new joints in the size and pressure required to i

about 11 years ago
NLI’s Reels for Nexans
Subsea

NLI’s Reels for Nexans

Norway’s NLI Offshore & Marine Products received an order for 6 reels from Nexans for BP Shah Deniz stage 2 DEH batch 2. NLI designs reels especially suited for powercables, deepwater mooring, spiralstrand, flexible riser and umbilicals. NLI also delivered reels for phase 1 in 2013. The product of t

about 11 years ago
Production Starts from Bøyla Field
Subsea

Production Starts from Bøyla Field

Det norske oljeselskap ASA (Det norske) and partners of the PL 340 license announce start-up of production from the Bøyla field. Bøyla is the fourth field in production in the Alvheim area. Total investments in the development of the Bøyla field amount to approximately NOK 5 billion. Recoverable res

about 11 years ago