Subsea
Siemens to Pull Out of Tidal Power Industry
Siemens is looking to divest its ocean power generation business, in particular Marine Current Turbines (MCT), based in Bristol, United Kingdom. This restructuring would affect 45 employees in the Hydro & Ocean unit in Siemens Division Wind Power & Renewables. It is expected that the divestment will
IHC Hydrohammers for Chinese OW Market
IHC Hydrohammer, a business unit of the Dutch based Royal IHC, has recently commissioned the S-1800 Hydrohammer with 5.5m Pile Guiding for the Chinese Offshore Wind market. Jiangsu Longyuan Zhenhua Marine Engineering, a joint venture between ZPMC and Longyuan, is using the S-1800 hydraulic piling ha
VIDEO: SeaBED Surveys Antarctic Sea Ice
An Autonomous Underwater Vehicle (AUV), known as SeaBED, has provided the first detailed, high-resolution 3-D maps of Antarctic sea ice. The new technology delivered accurate ice thickness measurements from areas that were previously too difficult to access. While most oceanographic survey instrumen
Magseis Slips on Delays
Norwegian geophysical company, Magseis, said that the third quarter results have been negatively impacted by an extended yard stay which reduced revenues by $1.5 million as well as lower than expected production speeds. A breakdown of the rudder forced the vessel into dock and led to the vessel bein
MeyGen Enters Construction Phase
After more than seven years of planning and design, Atlantis is now entering the construction phase of MeyGen’s first 6MW tranche of capacity in what the company believes to be the world’s larges planned tidal stream project. Now that the financing package has been agreed for the first four turbines
Rights Sought for Seabed Mining Off Cornish Coast
The Crown Estate has advised that it is considering awarding seabed rights to allow for the exploration of tin deposits off the coast of Cornwall. Cornwall has a tin mining history which stretches back hundreds of years, with the last active mine closing in the late 1990s. Due to natural geological
Oceaneering Hires Island Pride
Oceaneering has entered into a two-year charter for use of the Island Pride, a multi-service subsea support vessel owned by Island Offshore Shipping International. The vessel is expected to be available for work in the U.S. Gulf of Mexico (GOM) in early January 2015. Before it starts the work, the I
Red7Marine Invests in ROVs
Fast-growing offshore company Red7Marine Offshore has expanded its subsea services to North Sea clients by investing in a fleet of remotely operated vehicles (ROVs). The eight observation class ROVs add a new strand to the portfolio offered by the ambitious marine offshore and subsea contractor. The
JFD Launches New SDV Unit in Sweden
James Fisher Defence (JFD), the subsea operations and engineering company, has opened a new facility in Vaxholm, Sweden, JFD’s international base for the manufacture and maintenance of the company’s SEAL Pod range of Swimmer Delivery Vehicles (SDVs). The new facility is the headquarters of JFD Swede
Thalassa Issues Profit Warnings
A marine geophysical services company, Thalassa Holdings, has reported that the Company is unlikely to meet current market expectations for this financial year. The board of Thalassa, having reviewed the position on potential contracts, is of the opinion that none of the current significant backlog,
Faroe Completes Sale of Glenlivet Stake to Total
Faroe Petroleum announces the completion of the sale of its ten percent interest in the undeveloped Glenlivet gas field, West of Shetland. The consideration for the sale of the Glenlivet interest is £10 million, with an effective date of 1 January 2014, of which a proportion is deferred until the su
SAL in Wikinger OWF Project
In October 2014 the first phase of the pile testing campaign for the Wikinger offshore wind farm project was launched after the site’s geotechnical investigation on the Baltic Sea had been completed. German engineering and services group Bilfinger was awarded the test pile contract and chose SAL Hea
Gwynt y Môr Gets Its Final Array Cable
The final array cable has been installed at RWE Innogy’s flagship 576MW Gwynt y Môr Offshore Wind Farm, off the North Wales coast, completing the construction phase of the project. The project is now progressing towards its ultimate milestone, the final commissioning and operation of all remaining 4
Reach Subsea Boosts Profits
Norwegian subsea operator, Reach Subsea has generated revenues of NOK 101.8 million, and a net profit of NOK 7.5 million for the third quarter 2014. These results compare with revenues of NOK 35.5 million in Q3 2013 and net profit of NOK 2.9 million same period last year. The increase in the third q