Subsea
Tekmar to Protect Merkur OWF Cables
Tekmar Energy has recently been awarded a contract with Tideway B.V to supply 150 of its patented TekLink cable protection systems (CPS) on the Merkur offshore wind farm project in Germany. Tekmar’s new production facility in the North East of England will supply the CPS and manufacturing is expecte
PHOTO: Nautilus Moves Forward with Solwara 1 Vessel Construction
Nautilus Minerals, the company behind Solwara 1 subsea mining project, informed that the thruster rooms have been lifted into position on the project’s production support vessel (PSV). The PSV is to be used by Nautilus and its Papua New Guinea partner, Eda Kopa (Solwara) Limited, as the base for its
Hydrasun Builds Specialist Subsea Intervention Line
Aberdeen-based Hydrasun has developed a load bearing flexible hose solution for subsea applications. A 2-inch lightweight flexible service intervention line, called the ‘Interventor’ was designed to both deploy the subsea chemical dispersant manifold to depth, and to deliver the dispersants from the
University Students Test DP Algorithms Onboard RV Gunnerus
Students and researchers from the Norwegian University of Science and Technology (NTNU) were given the opportunity to test their Dynamic Positioning (DP) algorithms in a full-scale setting. The trials took place in the Trondheimsfjord aboard the RV ‘Gunnerus’, the NTNU-owned research and education v
Siem Strikes Binding Deal for Controlling Interest in Farstad
Farstad and Siem Oilservice Invest Holdings have signed a binding term sheet for a restructuring of Farstad. Namely, Farstad will issue a minimum of 702 000 000 ordinary shares (new shares) for a total subscription of minimum NOK 1 billion at a price per share of approximately NOK 1.4245. Siem will
Farstad Names New Head of Australian Division
Norwegian shipowner Farstad Shipping has appointed Brett Silich as the new managing director of its Australian organisation. This follows Farstad’s plans to consolidate the Australian offices and locating the head office to Perth. Silich will replace Wayne Aitken, who has headed local Farstad Shippi
Resolve Salvage and Fire Hires Seamec’s Revelation Vessel
Seamec has entered into a charter contract for the ‘Revelation’ vessel with Resolve Salvage and Fire (Asia). Under the contract, the vessel, with a length of 80 meters and a beam of 13 meters, will carry out work on the west coast of India. The multi-role/accommodation vessel joined Seamec’s fleet i
TechnipFMC Wins EU Nod, Nominates Board Members
FMC Technologies and Technip have received a clearance decision from the European Commission under Council Regulation for the proposed combination of the two companies into TechnipFMC. Clearance decisions have previously been provided by antitrust authorities in the United States, India, Turkey, Mex
DeepOcean Gets New Majority Owner
Subsea contractor DeepOcean has a new majority owner in the company. Funds advised by a private equity investment firm, Triton, will become the largest shareholder and should, in collaboration with some of the existing shareholders in DeepOcean, support the company’s growth over the coming years. De
Akastor, Mitsui Complete Joint Venture Transaction
Akastor, an oil service investment company, informed that the agreement with Japanese company Mitsui to create a 50/50 joint venture between the two companies has been approved and concluded. The companies signed heads of agreement in September under which they agreed that the joint venture will acq
FSP Secures Development Project Funding
Bergen-based Fjell Subsea Products (FSP) has received 5.2 million Norwegian Kroner in public funding. The project is also sponsored by Shell and is part of a 30 million Norwegian Kroner development project. The grant pertains to ‘Qualification of a Unified and Modularized Flying Lead System’. The pr
SMD Develops Synthetic Environment and Virtualisation Tool
Soil Machine Dynamics (SMD), a manufacturer of remote intervention equipment, has launched a synthetic environment and virtualisation platform named ‘Sentio’ that could, according to the company, optimise and improve the efficiency of operations in any offshore environment. Reportedly, Sentio, the f
BGP Begins Seismic Shoot Offshore Cuba
BGP Marine has started the acquisition of a 2D multi-client survey offshore Cuba, following the signing of a contract with Cuba-Petroleo Company (CUPET). The project comprises 25,000 km of 2D long-offset, high resolution, broadband seismic and gravity data. The survey specifically targets the Cuba E
HC IQIP Moving to Sliedrecht Base
HC IQIP will soon relocate its Kinderdijk- and Delfgauw-based activities to a new location in Sliedrecht. Royal IHC recently decided to move all shipbuilding activities from Sliedrecht to Kinderdijk and Krimpen a/d Ijssel to make the site available for IHC IQIP’s activities. As per December, IHC sai