Subsea
Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (February 29 – March 06). Oil services company Subsea 7 has recorded a loss at the end of fourth quarter on high impairments and lower fleet activity. In the fourth quarter 2015, the Oslo-listed firm b
Fehmarn Belt Contractors in Fehmarnbelt Link Win
Femern, a subsidiary of the Danish state-owned Sund & Bælt Holding, has today announced its intention to award a contract related to the construction of a tunnel connecting Denmark and Germany to the Fehmarn Belt Contractors consortium including Boskalis. Besides Boskalis, the consortium includes Ho
INTERVIEW: Ocean Installer ‘Casts Wider Net’ to Tackle The Downturn
Ocean Installer, a young Norwegian subsea services player, holds strong EPCI expertise within the SURF (subsea structures, umbilicals, risers, flowlines) segment. The company was established in 2011, in response to changing structures and increasing demand in the subsea construction industry. In an
RTE Looks for Surveyor for Subsea Cable Laying Projects
RTE, the electricity transmission system operator of France, has issued call for bids for subsea cable laying studies services for projects located in metropolitan France, outside France and in Europe. The studies involve marine navigation and fishing and the associated risks for energy cables. Name
Eni’s Clean Sea to Survey Mediterranean and West Africa
Clean Sea, proprietary technology designed by Eni’s research laboratories, will be used for the first time for marine environmental monitoring and offshore asset inspection in the Mediterranean region and West Africa. Clean Sea is the result of one of Eni’s most recent R&D projects, focusing on envi
Elia Seeks Subsea Survey Contractor for Project Off Belgium
Elia, Belgium’s electricity transmission system operator, has issued a tender invitation for providers of seabed survey and seasoil sampling on the East Coast of Belgium for submarine power cables and an offshore platform. Elia plans a high-voltage substation located on an offshore platform in the N
European Commission OKs Greece-TAP Agreement
The European Commission has found the Host Government Agreement between the Greek authorities and the Trans Adriatic Pipeline to be in line with EU state aid rules. The project should improve the security and diversity of EU energy supplies without unduly distorting competition in the single market.
DONG Energy Hires Stinger for Siri Work
Stinger Technology, a provider of subsea solutions, has secured a contract from DONG Energy for work on Siri platform in Denmark’s sector of the North Sea. Stinger has been contracted to provide environmental sampling and inspection inside the Siri platform’s oil storage tank. According to the compa
McDermott Secures Middle East Pipeline Project
McDermott has been awarded a contract by an undisclosed oil and gas operator for a project offshore in the Middle East. The scope includes engineering, procurement, fabrication, transportation and installation of offshore pipelines. Engineering and offshore mobilization of McDermott’s in-house vesse
Subsea 7 Integrates SeeByte CoPilot on Normand Oceanic ROVs
Subsea 7 has integrated SeeByte’s CoPilot software with the work-class ROVs on board the Normand Oceanic. The vessel is equipped with two work-class Hercules ROVs, which are deployed through the vessel’s own moonpool and capable to 3000m below sea level. Subsea 7’s team on board the Normand Oceanic
Energinet.dk Invites Substructures Providers for Kriegers Flak
Denmark’s Energinet.dk is seeking a contractor to provide gravity based substructures for KFA and KFBE offshore substations for Kriegers Flak wind project in the Baltic Sea. The planned 600MW offshore wind farm will act as a ‘Supergrid’, eventually being able to transmit renewable energy through pow
Subsea in February
Subsea World News has gathered all the highlights to bring you a summarized version of the most popular articles from the previous month. In February, the industry was saddened by the death of a young diver from Karmoy, who reportedly ran out of air after getting stuck underwater during maintenance
Trendsetter’s Subsea Package for Noble’s Gunflint Project
Trendsetter Engineering has completed delivery of the subsea equipment for Noble Energy’s Gunflint project. Trendsetter’s scope consisted of five subsea pipeline end termination (PLET) and inline sled (ILS) structures, three jumper kits, and all subsea connection system components and tooling. The G
CGG Sees 2015 Loss Widen and Revenues Drop by $1 Bln
French seismic contractor, CGG, has widened its loss in 2015, despite improved quarterly results, on high impairment and non-recurring charges, and as the market slump drove the revenues down by some 32 per cent. In the fourth quarter 2015, CGG generated revenues of $589 million, down 35 per cent co