Subsea
Carnegie: WavePOD Project Secures WES Funding
Carnegie Wave Energy has announced the award of a £2m grant from the Scottish Government’s Wave Energy Scotland (WES) for the development of a universal Power Take Off system to convert mechanical energy to electricity. The ‘WavePOD’ project will deliver a fully tested and robust hydraulic Power Tak
TMT ROV to Support Drilling Ops Off Vietnam
A Total Marine Technology (TMT) Typhoon MK2 heavy work class ROV has been contracted to provide drill support for Viet Gazprom aboard the Deepsea Metro 1 drillship. Before the installation the structure of the ROV, deck had to be upgraded to accommodate the specifications of the TMT Typhoon MK2 ROV
BASF Joins Nord Stream Extension Project
Gazprom and BASF have signed a Memorandum of Intent stipulating the cooperation within the project for constructing the Nord Stream II gas pipeline. The document reflects the parties’ intents to implement a project for constructing two strings of the gas pipeline that would connect the Russian and t
Fugro in Geochemical Campaign Offshore Honduras
Fugro has been awarded a contract by BG International Limited Sucursal Honduras to conduct an integrated multibeam echosounder survey and seabed coring campaign over its offshore acreage in the Honduran Caribbean. As part of BG’s exploration licence commitments, the campaign will map the seafloor to
Dolphin’s Acquisition of Møre Tampen Survey Underway
Dolphin Geophysical is currently acquiring 4192km² of new Multi-Client 3D SHarp Broadband seismic in the northernmost region of the Norwegian North Sea. The survey targets both open and newly awarded APA acreage. Current acquisition progress stands at 40%, Dolphin informed. The Polar Duchess is util
Polarcus Bags New Seismic Deal
Norwegian seismic player, Polarcus, has won a Letter of Award (LOA) from an undisclosed client for a 3D marine seismic project. According to the Oslo-listed company, Polarcus will use its RightBAND technique for broadband data acquisition. The project, expected to run for approximately 45 days, is s
Technip Down on Restructure Charge
Paris-based subsea major Technip has slipped into the red in the second quarter as the company booked one-off restructuring charges on market adjusting plans, announced earlier in June. Namely, on July 6, Technip announced the launch of a restructuring plan with a total one-off charge of €650 millio
Cidade de Itaguaí FPSO Starts Production Off Brazil
BG Group announced first oil from the Cidade de Itaguaí floating, production, storage and offloading (FPSO) vessel, the sixth unit to start production across the Group’s significant discoveries in the Santos Basin, offshore Brazil. The FPSO will produce from the Iracema North area of the Lula field
Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (July 27– August 02). DOF Subsea, a subsidiary of DOF ASA, has reached an agreement with Subsea 7 for the chartering of the vessels Skandi Acergy, Skandi Seven and Skandi Skansen. Subsea 7 has committe
Siem Offshore Gets New CEO
The Board of Siem Offshore has decided to appoint Idar Hillersøy as new CEO of the company with effect from August 01. Idar Hillersøy has since April 01, 2015 been responsible for the OSV segment of the Company and will now take over responsibility also for Siem Offshore Industrial Investments. Terj
Siemens, VBMS to Provide Electrical System for Navitus Bay OWF
Siemens Energy Management and VBMS (UK) Ltd have been selected by the proposed Navitus Bay wind park as the preferred electrical transmission system supplier. The two companies will come together to form a joint venture to deliver the project and will aim to use UK supply chain partners to maximise
Stena Line to Challenge Commission’s Decision on Femern Undersea Tunnel
Stena Line considers the European Commission’s tacit approval of public financing of the Fehmarn Belt fixed rail-road link between Denmark and Germany discriminatory and not in line with EU State aid rules. Consequently, Stena Line will await the publication of the full decision and consider to appe
Canada Govt to Enhance Marine Safety in Arctic
The Honourable Gail Shea, Minister of Fisheries and Oceans Canada, and the Honourable Leona Aglukkaq, Minister of the Environment and Minister of the Canadian Northern Economic Development Agency, announced that the Government of Canada is investing $22.7 million over five years on a cash basis to i
JBA Consulting Conducts Flood Risk Work for Tidal Lagoon Cardiff
Tidal Lagoon Power (TLP) has appointed JBA Consulting to undertake flood risk assessment work in relation to their Tidal Lagoon Cardiff project. The Severn Estuary is the focus of Tidal Lagoon Power’s first two developments at Swansea Bay and Cardiff. The proposed lagoon, between Cardiff and Newport