Subsea
Saab Seaeye Falcon ROV Helps Japan to Harness Offshore Wind
After Japan’s 50 nuclear reactors closed following the Fukushima disaster, wind is now seen as an important alternative energy source. But in a crowded and mountainous country the search for sites must go offshore, with floating turbines the main option in the deep waters off the rugged coastline. I
RenewableUK Hails MeyGen Project Funding Announcement
RenewableUK is hailing the announcement that funding has been secured to build the first phase of the world’s largest tidal energy array in the Pentland Firth region in North Scotland. The MeyGen project has a capacity of up to 398MW and will provide clean electricity for 175,000 homes and 100 jobs
Proserv Announces Global Subsea Technology Roadshow
Leading energy services company Proserv announced that it will present a series of global workshops to demonstrate Proserv’s Artemis 2G (A2G), its next generation subsea electronics module for control and monitoring communications as a result of a successful event held in Houston. Workshops are to b
Cal Dive Executes Commitment Letters for Refinancing of Revolving Credit Agreement
Cal Dive International, Inc. announced that it has executed commitment letters with three financial institutions providing for a $125 million senior secured credit facility that may consist of both a term facility and revolving facility to refinance the Company’s existing revolving credit facility a
MESL to Undertake Regional Seabed Monitoring (UK)
Marine Ecological Surveys Ltd (MESL) has been appointed to undertake regional seabed monitoring, consisting of over 2,500 samples, on behalf of eight marine aggregate operators with licensed interests in the southern North Sea through a contract being coordinated by the British Marine Aggregate Prod
VIDEO: ABB’s New Underground and Subsea Power Transmission Cable System
ABB, the leading power and automation technology group, has successfully developed and tested a 525 kilovolt (kV) extruded high-voltage direct current (HVDC) cable system to make renewable energy installations more efficient and cost-effective. The new cable offers a 64 percent increase over 320 kV,
Transocean’s Two Newbuild Drillships Start Operations
Transocean’s two newbuild ultra-deepwater drillships have started operations on their three-year contracts, the Company announced in their monthly Fleet Update Summary. The Deepwater Invictus drillship, capable of operating in water depths up to 12,000 feet, began operations for BHP Billiton in the
Siem to Sell Two OSCVs to Daya Materials
Siem Offshore has entered into an agreement with Daya Materials Bhd. (“Daya”) for the sale of the two 2013-built Offshore Subsea Construction Vessels (“OSCVs”) ”Siem Daya 1” and ”Siem Daya 2” at a total price of USD 282 million. Daya has been given 150 days to arrange for financing of the two vessel
GC Rieber Second Quarter in Line with Expectations
GC Rieber Shipping delivered a solid results for the second quarter with a stable and good operations. Total fleet utilisation was 94 percent in the quarter, compared to 96 percent in the same period in 2013. The decrease is related to a planned yard stay for upgrading “Polar Marquis”, which was com
New Tool Developed to Assess Noise Impact on Marine Mammals
A new desktop tool which will allow offshore renewable energy developers to assess the likely impacts of their projects on marine mammal populations has been developed by scientists at the University of St Andrews and SMRU Marine, a university spin-out company. The tool – known as the Interim PCOD (
HYPACK and HYSWEEP Software for NOAA Fishery Survey Vessels
HYPACK, Inc. recently supplied five NOAA Fishery Survey Vessels with the HYPACK® and HYSWEEP® software solution. The vessels, outfitted with the Simrad ME70 scientific multibeam system on board, is used by NOAA for various missions to support fishery and habitat mapping. The latest version of HYSWEE
2H Offshore Names New Principal Engineer (Norway)
2H Offshore, an Acteon company, has appointed Paul Hopkins as principal engineer, to develop 2H Offshore’s growing client base in Norway. Hopkins worked for 2H Offshore from 2001 – 2006 on a diverse range of riser projects, including Exxon’s Kizomba A and B developments and BP’s Shah Deniz project.
Carnegie Signs Collaboration Agreement with European Wave Energy Developers
Wave energy developer Carnegie Wave Energy Limited announces the signing of a Collaboration MOU with leading European power industry firms and a number of UK based wave energy developers aimed at reducing costs and increasing reliability. The collaboration brings together Carnegie’s UK subsidiary, C
Atlantis Agrees Financing Package for Phase 1A of MeyGen Project
Atlantis, owner of the world’s largest planned tidal stream energy project, MeyGen, announces that it has agreed terms with a funding syndicate for a funding package for Phase 1A of the MeyGen project. Total project funding package, which is a combination of equity, debt and grant, will exceed £50m.