Subsea
Boskalis Braces for Weaker Year
Boskalis has seen a profit drop of 10 per cent in the 2015 and said it expects a ‘substantially lower’ 2016 full-year result, compared to last year’s satisfactory bottom line, despite tough market conditions. The Dutch dredging and marine specialist generated net income of €440 million on revenue of
PPC-1 Cable Repair Almost Complete
TPG, an operator of PIPE Pacific Cable 1 (PPC-1) system stretching from Sydney to Guam, informed that the cable vessel started the repair work on the faulty cable. Since the vessel, which usually conducts the repairs in the region, Ile De Re, is working on the repair of the Basslink cable, the compa
TGS CEO to Retire
TGS informed that Kristian Johansen will succeed Robert Hobbs, who has decided to retire after nearly seven years as CEO of TGS, on March 11, 2016. Johansen joined TGS in 2010 as chief financial officer and was appointed chief operating officer in February of 2015. Prior to joining TGS, Johansen was
Horizon Geosciences Expands Survey Portfolio
Horizon Geosciences has added Cathodic Protection (CP) surveys to its list of survey services. CP surveys are used to assess and control the integrity of metal subsea assets as environmental and time related factors can cause corrosion of important offshore and near shore infrastructure and componen
GM DSM Boosts Singapore Base
Global Maritime Deep Sea Mooring (GM DSM) has received its first shipment of mooring equipment into Singapore. According to the company, the first shipment consists of R5 chains, Stevpris Mk6 anchors, steel wire rope for mooring inserts and riser wires, MoorLink swivels, surface/subsurface buoyancy
Global Marine Extends North America Cable Maintenance Gig
Global Marine Systems has been awarded an extension of the North America Maintenance Zone (NAZ) submarine cable maintenance contract up to December 31, 2024. NAZ covers a cable maintenance footprint, which stretches from the Eastern North Pacific to the Equator. Global Marine has been providing cabl
Stena Drillship Gear Snaps Off in Storm Offshore Nova Scotia
On Saturday, March 5, Shell Canada notified the Canada-Nova Scotia Offshore Petroleum Board (CNSOPB) of an operational incident on the Stena IceMAX drillship. According to the company’s report, the rig drilling its Cheshire exploration well 225 km offshore Nova Scotia successfully disconnected from
Jumbo Sets Up World’s Largest Underwater Restaurant
Jumbo has installed the world’s largest underwater restaurant, located in Hurawalhi, Maldives. At The Maldives, Jumbo moored the transport vessel alongside a shallow coral reef where the acrylic and steel structure for the world’s biggest underwater restaurant was lowered onto pre-installed concrete
Boskalis Lands Abu Dhabi Pipeline Project
Boskalis has been awarded a contract from the National Petroleum Construction Company of Abu Dhabi, UAE for dredging work related to the installation of an offshore gas pipeline of the Abu Dhabi National Oil Company as well as to an existing offshore gas pipeline. The activities are due to start in
DNV GL and Partners Address Anchoring Safety
DNV GL, Gard and The Swedish Club have been investigating a rising number of anchor losses reported over the last several years. Namely, the root cause of many groundings and collisions, lost anchors are among the top five reasons for claims costs. Based on an analysis of damage cases involving anch
Offshore Work for EOWDC Starts
Offshore works have started off Aberdeen Bay in preparation for full construction of the European Offshore Wind Deployment Centre (EOWDC). The geotechnical site investigation will take place at each of the EOWDC’s 11 turbine locations to assess the seabed, with the data acquired being used to inform
Basslink Back in May?
Basslink has refined the probable fault location of a subsea cable connecting George Town in Tasmania and Loy Yang in Victoria, and would proceed to the next phase which involves cutting the cables. To identify fault location, Basslink’s sea and land repair teams have conducted more than 20 ROV (rem
SeeByte and ASV Join Forces
SeeByte and ASV have entered into a commercial partnership where the two companies will collaborate to bring new capabilities and solutions to the field of maritime autonomy. This agreement sees SeeByte and ASV build upon previous collaborative work to develop the next generation of adaptive autonom
TE SubCom to Upgrade AAE-1 Cable System
TE SubCom, a TE Connectivity company, and the consortium behind the Asia-Africa-Europe-1 (AAE-1) cable system, announced the deployment of a large-scale wavelength equipage to the system. The equipage will utilize TE SubCom’s 100 Gbps optical transmission equipment. AAE-1 is a 25,000 km system owned