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Prysmian wins €100 million contract with Petrobras

Subsea

Prysmian lands €5 billion cable job for projects offshore Germany

Italy-headquartered Prysmian has finalized three contracts worth in aggregate around €5 billion with the transmission system operator (TSO) Amprion for BalWin1 and BalWin2 offshore grid connection systems and the DC34 underground cable project in Germany. According to Prysmian, this package deal is

about 2 years ago

Subsea

Solstad’s recently-purchased CSV wins contract with international client

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Norway’s Solstad Offshore (SOFF) has secured an 18-month contract with an international client for the construction support vessel (CSV) Normand Tonjer. The contract is starting in April 2024 and it includes a possible two-time 180-day extension. The commercial terms are confidential, but they ali

about 2 years ago

Subsea

Siem seeks to slash fleet carbon footprint through collaboration with Wärtsilä

Norwegian shipping company Siem Offshore is collaborating with Finnish technology group Wärtsilä on vessel decarbonization solutions as part of its efforts to reduce the carbon footprint of its 26-vessel fleet and goal of reaching full carbon neutrality by 2050. According to Siem, the aim is to achi

about 2 years ago

Subsea

Green light for Saipem to restart pipelaying off Australia after vessel incident

Following the offshore trunkline installation incident at the end of January, Italian oilfield services provider Saipem has received approval from the Australian Commonwealth regulator National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) that the Castorone vessel may r

about 2 years ago

Subsea

Reach Subsea ‘very optimistic for years ahead’ as it reports record 2023 numbers

Reach Subsea has reported record-high numbers for the fourth quarter of 2023 and the whole year, with all parameters driven by growth, improved pricing, and strong project execution. Reach Subsea’s revenue for Q4 2023 grew by 45% to NOK 474 million ($44.5 million), whereas EBIT grew by 130% to NOK 7

about 2 years ago

Subsea

DeepOcean enters Guyana after securing major contract with ExxonMobil

Norway-based ocean services provider DeepOcean has entered the Guyana market with what it says is its first major contract with ExxonMobil in the Americas. Under this contract, DeepOcean is to plan and carry out a range of subsea activities, including subsea construction and jumper installations, an

about 2 years ago

Subsea

New Nexans cable-layer to sport ABB’s hybrid power system

Norwegian shipyard Ulstein Verft has placed an order with ABB for the delivery of an integrated power and propulsion system for Nexans’ new cable-laying vessel (CLV), currently under construction. The CLV, specially designed by Skipsteknisk, will be able to carry out the transport and lay of various

about 2 years ago

Subsea

Expro acquires UK firm to expand well construction and intervention portfolio

Energy services provider Expro has entered into a definitive agreement to acquire Scotland-based well integrity and production optimization company Coretrax, from an investment group led by Buckthorn Partners, for a total consideration of approximately $210 million. By acquiring Coretrax, Expro said

about 2 years ago

New contract to keep PGS busy through winter season

Subsea

PGS lands offshore wind site survey deal

PGS has been awarded an offshore wind site characterization contract in Europe for an unnamed project. Mobilization is scheduled for early July and the contract has a total duration of approximately two months. The project will be acquired with PGS’ ultra-high-resolution 3D (UHR3D) streamer, providi

about 2 years ago

Castoro10 vessel during Above Water Tie-In (AWTI) operation of the two 48” pipeline sections, approximately 4km offhsore Mukran port, Germany

Subsea

End of subsea construction phase for German pipeline

ABL Group has completed the marine warranty survey scope related to the installation of Germany’s Ostsee Anbindungsleitung (OAL) subsea pipeline, where the first gas feed-in is expected soon. GASCADE Gastransport contracted ABL to provide marine warranty survey (MWS) services to supervise the transp

about 2 years ago

Subsea

Reach Subsea makes moves to meet increasing demand for subsea services

Norway-headquartered Reach Subsea has secured charters for two vessels with the aim of meeting the increasing demand in the subsea services market. Reach Subsea has secured charters for the Northern Maria and Olympic Taurus. For Northern Maria, the charter arrangement includes a three-year firm peri

about 2 years ago

Subsea

Onshore cable provider wanted for second Malta-Italy interconnector

InterConnect Malta, the company behind the second Malta to Italy interconnector, has issued a tender for the manufacture and installation of onshore cables for the project. The tender is looking for a company to manufacture and install the onshore 245 kV and 145 kV cables, fiber optic cable and acce

about 2 years ago

Subsea

DNV carries out overhaul of ‘go-to standard’ for oil & gas, subsea, and offshore wind ops

DNV has taken steps to undertake a significant revamp of the standard used for the design and planning of marine operations.

about 2 years ago

Subsea

Final piece of European Investment Bank’s €1.9 billion financing puzzle for Italy’s subsea electricity link slides into place

Terna and the European Investment Bank (EIB) have inked a deal for the final tranche of the €1.9 billion financing for the Tyrrhenian Link.

about 2 years ago