Subsea
AKVA Group CFO Steps Down
Norwegian equipment provider for aquaculture industry, AKVA group, informed that Eirik Børve Monsen will step down from the position as CFO on January 1, 2017. Simon Nyquist Martinsen will take up the position as CFO of AKVA group no later than March 1, 2017. AKVA group’s Group Controller, Andreas P
Eni Halts Goliat Flows
Oil company Eni Norge has stopped production from the Goliat field in the Barents Sea off Norway. The output from the field was stopped on the night of December 26 after a routine inspection of the offloading hose found some damage on segments of the hose. According to a statement by the company’s s
Shell Drills Two Dry Wells off Tanzania
Oil major Royal Dutch Shell has completed the drilling off two exploration wells offshore Tanzania but failed to find hydrocarbons. The wells are located in Block 1 and 4, in the Mafia Deep basin, where Shell is the operator with 60 pct stake. Shell’s partners are Ophir Energy and Pavilion Energy wi
Minesto Seeks Bottom Joint Tether Connection Supplier
Tidal energy developer Minesto has issued a tender invitation for supplier of bottom joint tether connection for its Deep Green tidal kite. Namely, the company is looking to procure a bottom joint tether connection comprised of super duplex stainless steel and glass fiber reinforced plastic. Minesto
VIDEO: Bravenes Subsea Rock Installation Vessel Launch
The video shows the launch of the Van Oord’s E169 fall-pipe subsea rock installation (SRI) vessel ‘Bravenes’ at Sinopacific’s Zhejiang Shipyard in China. Van Oord awarded the design and equipment contract for ‘Bravenes’ to Ulstein in September 2014 and contracted Sinopacific for the construction of
Bardot’s Buoyancy Modules for Hywind’s Power Cables
French company Bardot Group has been awarded by Nexans the supply of buoyancy modules for the power cables of Hywind floating wind farm in Scotland. The 30 MW floating wind farm, located 30km off the coast of Peterhead, will be operated by Norwegian oil and gas company Statoil. The project is expect
VIDEO: Aker BP Starts Ivar Aasen Production
Norwegian oil and gas company, Aker BP, started oil production from the Ivar Aasen field in the North Sea on Saturday. Aker BP is the operator of the unitized development, with a 34.7862 percent interest. The Ivar Aasen field is located in the northern part of the North Sea, about 175 km west of Kar
Japanese IHI Delivers Drillship Hull to Singaporean Customer
Japanese IHI Corporation (IHI) has delivered a drillship hull to an unnamed customer in Singapore. The hull, constructed at IHI Aichi Works, was delivered on December 17, 2016. According to the company, the drillship is designed for the use in exploratory, completion and maintenance drilling of offs
Olympic Secures Standstill Agreement Extension
Norwegian Olympic Ship, a provider of inspection, maintenance, and repair vessels, has reached an agreement with secured lenders to extend standstill agreement until and including January 20, 2017. As part of the standstill agreement, Olympic will continue to pay interest to the finance providers an
First Oil Flows from Ivar Aasen Field Off Norway
Aker BP has started oil production from the Ivar Aasen field in the North Sea. First oil from the Ivar Aasen field comes four years after the Plan for Development and Operation (PDO) was submitted. The plan was to start up production in fourth quarter 2016. Karl Johnny Hersvik CEO of Aker BP said: “
MBARI’s Seafloor Robot Breaks World Record
Monterey Bay Aquarium Research Institute’s (MBARI) Benthic Rover, an autonomous seafloor crawler, recently broke the world record for longest distance traveled and duration sustained by a seafloor crawler. The Benthic Rover, an untethered, entirely autonomous seafloor crawler, has been collecting sc
Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (December 18– December 25). Forland Subsea informed that EMAS AMC AS has defaulted on charter payment for the LCV/IMR subsea vessel “Lewek Inspector” due to financial distress. According to Forland, th
Two Maersk Supply Service Vessels Sink Off France
Two Maersk Supply Service anchor handling tug supply vessels (AHTS) have sunk offshore France. Maersk Supply Service confirmed to Subsea World News that Maersk Battler vessel lost two towed supply vessels Maersk Searcher and Maersk Shipper on December 22. The vessels sunk 60 miles off the coast of F
Carnegie Gets Milestone Payment for CETO 6 Design Completion
Carnegie Clean Energy has received $1.1 million as a grant payment for the completion of the CETO 6 design. Carnegie received the design completion milestone payment from Australian Renewable Energy Agency (ARENA). The completed CETO 6 design is for the Garden Island Wave Project, located offshore A