Subsea
AKVA Group Names New CFO
Norwegian equipment provider for aquaculture industry AKVA group has appointed Simon Nyquist Martinsen as the company’s new chief financial officer. Martinsen will join the Oslo-listed firm from Constructor Group where he also serves as CFO. According to Akva group his appointment should be effectiv
Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (September 12 – September 18). Aker Solutions, Det norske oljeselskap and Subsea 7 agreed on a so-called “one for all, all for one” collaboration model that should, as the companies believe, mark a maj
NordLink Construction Kicks Off with Groundbreaking Ceremony
The project partners TenneT, Statnett and KfW (represented by KfW IPEX-Bank) have carried out the groundbreaking ceremony for the construction of the German converter station for the NordLink subsea cable project and a symbolic cable pulling. The ceremony was performed together with the Schleswig-Ho
Maersk Supply Service Scores North Sea Decom Work
Maersk Supply Service has been awarded a contract to provide decommissioning services for the Janice subsea field in the North Sea for Maersk Oil UK. Maersk Supply Service will assume responsibility for engineering, project planning and managing the scope of the subsea decommissioning. “With the awa
Aker Solutions in Troll B Win
Aker Solutions has secured a contract from Statoil to deliver a compression module for the Troll field in the North Sea to help boost output at one of Norway’s key offshore fields. The contract is valued at NOK 370 million and is an option in a front end engineering and design (FEED) agreement award
Red Marine’s Clamp Handling System for Well Intervention Contractor
Red Marine has delivered a subsea clamp handling system to a US-based provider of subsea riserless light well intervention services. The company delivered the fast-track project in eight weeks from initial consultation through to commissioning of the clamp handling system. With a working load limit
Symphotic Tii Becomes Kongsberg Maritime’s California Dealership
Kongsberg Maritime, through its US subsidiary Kongsberg Underwater Technology Inc (KUTI) has entered into a dealer agreement with Symphotic Tii Corporation for distribution of its subsea solutions in California, USA. The agreement, which focuses on the provision of Kongsberg Maritime’s underwater an
Obama Initiates Marine National Monument in Atlantic
President of the United States Barack Obama has under the Antiquities Act designated the Northeast Canyons and Seamounts Marine National Monument. The monument, more than 100 miles southeast of Cape Cod in the northwest Atlantic Ocean, is home to undersea canyons and seamounts that comprise fragile
AXYS New Wave Sensor Completes Sea Trials
AXYS Technologies (AXYS) said it has completed a series of sea trials on its new TRIAXYS g3 wave sensor. The trials were conducted both in the German Bight and off the West Coast of Canada and used both AXYS’ own TRIAXYS wave buoy and other industry standard buoys as references. According to the com
Tata Communications Partners with NJFX for Colocation Services
New Jersey Fiber Exchange (NJFX), the first Tier 3 carrier-neutral colocation campus that intersects where subsea cables from the United States, Europe, South America and the Caribbean meet, has welcomed Tata Communications as the first colocation customer and diamond sponsor for its Tier 3 by the S
Helix Q4000 Delivers More Gulf of Mexico Projects
Helix Energy Solutions’ well intervention subsidiary, Helix Well Ops, has completed a four-month campaign in the Gulf of Mexico carrying out intervention to decommissioning work scopes. According to the company, a total of six jobs were executed, including a lump sum construction decommissioning wor
EnQuest – Delek Kraken Deal Fails
EnQuest and Delek have not been able to reach an agreement with regard to the potential sale of an interest in the Kraken development. In July this year, EnQuest entered into discussions with Delek for the sale of an interest in the Kraken development to one of Delek’s subsidiaries. The two companie
Subsea 7’s Culzean Job Under Way with Cutting of First Steel
Subsea 7 has cut first steel on subsea structures for Maersk Oil’s Culzean project at Nigg Energy Park fabrication yard. The work is part of a $150-million subsea, umbilical, riser and flowline (SURF) contract the company announced in September last year. The contract scope includes project manageme
Nexans Wins Blyth OWF Subsea Cables Contract
Nexans cable technology has been selected by VBMS to deliver inter-array and export cables for Blyth offshore wind farm. As part of its own contract with EDF Energy Renewables, VBMS will use the Nexans 66 kV inter-array cable system to provide the subsea connection between the offshore turbines and