Subsea
Waves4Power, Stryvo Group Ink Production Agreement
Waves4Power has signed an agreement with the Norwegian company Stryvo Group covering full-scale series production of Waves4Power’s new wave energy system ‘Next Generation’. The production site will be the former shipyard at Fiskåholmen in the municipality of Vanylven on the Norwegian west coast. Pro
Solstad Farstad Completes Sale of Rem Etive to Fugro
Solstad Farstad (SOFF), a merger company of Solstad, Farstad and Deep Sea Supply (DESSC), has completed the sale and the delivery of the subsea construction vessel Rem Etive to Fugro. The Oslo-listed company reached an agreement with Fugro for the sale of Rem Etive in February this year. Prior to th
Subsea 7 Sets Up Maria Pipelines
Subsea 7’s installation vessel, Seven Oceans, has landed the last production pipeline on the seabed at the Maria field in the Norwegian Sea, the operator Wintershall informed through social media. The subsea umbilicals have also been recently installed, utilizing the capabilities of the Seven Arctic
Aquamarine Subsea in Songa Offshore Frame Deal
Aquamarine Subsea has been awarded a frame agreement with Songa Offshore for provision of a ‘Continuous Class Program’ for the high pressure manifolds on the four CAT D rigs. The duration of the contract is 5 years with an option of 5 additional years. The scope is to be responsible for the continuo
Statoil Gets Nod to Use Sigyn Subsea Facilities
Statoil has received consent from Petroleum Safety Authority (PSA) Norway to use the Sigyn subsea facilities. The Sigyn field is in production licence 072, for which Statoil Petroleum AS is the operator. The field contains gas, condensate and light oil. Production on the field began in 2002. Sigyn h
Airborne Oil & Gas Delivers Shell TCP Flowline Qualification Project
The Netherlands-based thermoplastic composite pipe technology specialist Airborne Oil & Gas said it has completed a qualification program for a TCP Flowline according to the Shell Design and Engineering Practice (DEP) for flexible composite pipe systems. In February this year, Shell awarded a qualif
Volstad Strikes Refinancing Deal
Norwegian vessel owner Volstad Maritime said it has established a fully-funded refinancing plan for the company and certain of its subsidiaries that in principle is supported by the Group’s secured bank lenders. The company and its key stakeholders have for some time been working on refinancing of t
MainOne Wraps Up Submarine Cable Repair
MainOne said it has repaired its submarine cable system that experienced a fault at a water depth of some 3400 meter in the international waters outside Senegal. The cable laying vessel, Pierre De Fermat, was commissioned to conduct the repair. The vessel traveled to Portland, UK, where it picked up
MacGregor to Provide Equipment for New Research Vessel
MacGregor, part of Cargotec, has signed a contract to supply oceanographic winches and Triplex deck handling systems to a new research vessel being built by the Fassmer shipyard in Berne, Germany. MacGregor equipment deliveries are planned for completion by the end of the first quarter of 2019. The
Bluestream Scores ONEgas Subsea Inspection Contract
Bluestream Offshore has secured a five year contract plus two-year extension with ONEgas, the combined business unit of Shell UK and the Nederlandse Aardolie Maatschappij (NAM) for the gas production on the Southern North Sea. The contract is a so-called ‘ROV subsea structural inspection services co
Advent Plans Sydney Basin Shoot in Q3
Advent Energy has submitted an environment plan (EP) to the National Offshore Petroleum Safety and Environment Management Authority (NOPSEMA) for the planned 2D seismic survey in PEP 11, offshore . Advent assumed operatorship of PEP11 in 2008. Through its wholly owned subsidiary, Asset Energy, the c
Polarcus Vessel Activity Drops in Q2
Polarcus, a Dubai-based seismic contractor, has recorded a drop in its vessel utilization during the second quarter of 2017. Quarterly vessel utilization declined to 75 percent from 91 percent in the second quarter of 2016. “The low utilization of 75 percent in Q2 2017 was guided during the quarter
EMGS Sees Q2 Utilization at 85 Pct
Norwegian geophysical services company EMGS has reported vessel utilization for the second quarter 2017 of 85% compared with 76% for the second quarter in 2016. In the second quarter of 2017, the company had one vessel in operation. This vessel was allocated 85% to multi-client projects and no time
Marine Harvest Charters DESS Aquaculture’s Two New Wellboats
DESS Aquaculture Shipping and Marine Harvest Norge have entered into agreements for long term charter of two new wellboats. Both vessels will be delivered as newbuildings in 2019 and will immediately upon delivery start five year charter contracts with Marine Harvest. DESS Aquaculture have awarded t