Subsea
Aker Solutions Completes Acquisition of Brazilian C.S.E.
Aker Solutions informed that it has completed the acquisition of 70 percent of Brazilian C.S.E. Mecânica e Instrumentação Ltda. Aker Solutions in October announced the agreement to buy the majority stake in C.S.E. The agreement includes an option for Aker Solutions to purchase the remaining 30 perce
WATCH: SOC Executes Nordsee One Inter-Array Cable Project
The video above shows inter-array cables installation project by Siem Offshore Contractors on the Nordsee One offshore wind farm in the German Bight of the North Sea. SOC installed approximately 70 kilometres of inter-array grid cables on the Nordsee One OWF between June and August 2016. All 59 cabl
One Ship Left in MH370 Underwater Search
The Australian Transport Safety Bureau (ATSB), who is leading the search for the missing MH370 flight, informed that Chinese Dong Hai Jiu 101 vessel has concluded the underwater search and is heading back to Shanghai. On Saturday, Dong Hai Jiu 101 began its passage to Fremantle to demobilize the Pho
Mermaid Terminates Newbuild Contract
Mermaid Maritime and China Merchants Industry Holdings have mutually agreed to cancel the construction contract for the DP2 dive support and construction vessel ‘Mermaid Ausana’, effective December 6, 2016. The two companies previously settled to postpone the delivery of the vessel to June 30, 2017.
Swire Seabed Secures Work for Its New Subsea Vessel
Swire Seabed, a wholly owned subsidiary of Swire Pacific Offshore, has landed a six-year contract for the subsea support and construction vessel, Seabed Constructor, with UK-based Ocean Infinity. The vessel will be carrying out AUV based survey and construction support operations on a global basis.
Polarcus Lowers Guidance as Project Delays Weigh
Seismic player Polarcus said on Wednesday it expects lower level of multi-client prefunding for the full year 2016, caused by slower production rate in Brazil and other unexpected project delays. Namely, the Oslo-listed company estimates a prefunding drop from previously guided 150 percent to about
Seatrec Develops TREC Battery to Power Underwater Vehicles
Seatrec, a clean energy startup based in Southern California, has secured financing to further develop the TREC Thermal RECharging Battery, a power supply that generates electricity from temperature differences in the ocean. The TREC Battery is designed to power a wide range of underwater systems. T
SMP Builds Wet Bell LARS for Bergen University
Submarine Manufacturing and Products (SMP) has secured a contract with Norwegian company Alf Lea to supply a complete wet bell system to Bergen University. Alf Lea approached SMP to design and manufacture a wet bell launch and recovery system (LARS) with supporting 20ft DNV containerized machinery a
Boeing Buys Liquid Robotics
Boeing has entered into an agreement to acquire Liquid Robotics, a developer of the Wave Glider unmanned surface robot, to grow its seabed-to-space autonomous capabilities. “With Liquid Robotics’ innovative technology and Boeing’s leading intelligence, surveillance, and reconnaissance solutions, we
N-Sea, University of Strathclyde Team Up on Pipeline Inspection Project
Subsea IMR provider N-Sea, and the University of Strathclyde’s Institute of Sensors Signals and Communications at the Department of Electronic and Electrical Engineering, have secured funding from the Data Lab Innovation Centre for an innovative research project to automate subsea pipeline inspectio
ECA Group Upgrades Six AUVs for French Navy
ECA Group has secured an upgrade of the six autonomous underwater vehicles (AUVs) A9-M delivered in 2013 to the French Navy mine disposal divers (GPD) of Toulon and Brest. Following three years of operational use, the six AUVs A9-M will be improved through the integration of new long range communica
Fugro to Use LADS Tech in New Zealand Quake Investigation
Fugro’s LADS technology is being deployed in New Zealand to assist in relief efforts following the damaging 7.9 magnitude earthquake near Christchurch on November 14, 2016. At the request of the New Zealand Government, the Royal Australian Navy (RAN) Laser Airborne Depth Sounder (LADS) Flight is to
Swiber Directors Freed on Bail Following CAD Probe
Singapore-listed EPCI contractor Swiber informed that several of its acting and former directors have been released on bail after being brought in for questioning by the Commercial Affairs Department (CAD). The directors, including the company’s executive chairman Raymond Kim Goh, were interviewed i
Faroe Wraps Up Acquisition of Five Norwegian Fields
Faroe Petroleum has completed the acquisition of interests in five Norwegian North Sea producing oil and gas fields from DONG E&P Norge AS. The company acquired interest in Ula (20%), Tambar (45%), Tambar East Unit (37.8%), Oselvar (55%) and Trym (50%) fields. The net consideration payable at comple