Subsea
Lundin Extends Frame Agreement with AGR
AGR’s Facilities Solutions division, part of the global service company AGR, announces that its Frame Agreement with Lundin Norway had been extended for another three years. The contract covers delivering field and facilities management services for Lundin Norway’s field development projects. AGR’s
Scana’s Propulsion Systems for New Offshore Vessels
Scana Propulsion, a subsidiary of Scana Industrier ASA, has signed two contracts for delivery of propulsion equipment to sophisticated offshore vessels. The total value of the contracts are about 38 million NOK. The contract with Flensburger Schiffbau GmbH in Germany is for delivery of propulsion sy
SBSS Performs Grouting and Trenching in South China Sea
SBSS has recently completed Panyu Trenching and Liwan Grouting in South China Sea, another example of the work contributing to SBSS’s good performance in marine service. After SBSS and its customer, COOEC, signed the contract, SBSS mobilized the Bold Maverick. The work included 8.4 kilometers of Pip
Ithaca Releases Second Quarter Production Update
Ithaca Energy Inc. provides a production update following the end of the second quarter of the year. Average pro-forma production in Q2-2014 was approximately 14,400 barrels of oil equivalent per day (“boepd”), 94% oil, including the contribution from the assets being acquired from Sumitomo Corporat
Costa Concordia Refloating Set for Monday
The salvage team has confirmed that the Concordia refloating operation is set to go ahead starting on Monday, July 14. As was the case for parbuckling, start of the operation is subject to authorization from the Observatory and also depends on the weather forecast over the next few days. Therefore,
EMGS Conducts 3D EM Survey for Norske Shell in Barents Sea
Electromagnetic Geoservices ASA (EMGS) has received a contract from A/S Norske Shell and its partners in PL706 for 3D EM data acquisition in the Barents Sea. The survey will commence in July and has an expected duration of approximately 10 days using the vessel BOA Thalassa. BOA Thalassa is a purpos
Ezra to Merge EMAS Into EOC for $520 Mln
Ezra Holdings Limited has announced plans to consolidate its Offshore Support Services division, EMAS Marine, into its associated company, EOC Limited, which is listed on the Oslo Børs, Norway. Upon completion of the transaction, the enlarged EOC Group will be one of the largest offshore support ope
SubSea Engineering Acquires Hyper-Sub Assets
SubSea Engineering, Inc. announces that it has acquired the assets of the high-speed, high-efficiency Hyper-Sub, which will transform how submersible crafts are used. The firm will be bringing this transformative product to market, and acquiring other cutting edge technologies for naval special oper
Statoil Hires Aibel for Hywind Job
Statoil has awarded Aibel the contract for FEED and EMA (Engineering & Management Assistance) of substructures for the Hywind Scotland Pilot Park offshore wind farm. The contract has an estimated value of approximately $6.5 million (NOK 40 million). “This is an important new step in our commitment t
ABPmer Prepares HRA for UK Wave & Tidal Leasing Round
The Crown Estate has announced that it has agreed seabed rights for six new wave and tidal demonstration zones and five new wave and tidal current sites. The locations for the demonstration zones and project sites include three off the coast of England, four off the coast of Scotland, one in Norther
Prysmian Becomes Sole Owner of Draka Keila Cables
Prysmian Group has finalized the acquisition of the remaining 34% interest in AS Draka Keila Cables, thereby becoming the sole shareholder of this Estonian cable company, which joined the Group following the acquisition of Draka in 2011. The price of this acquisition amounts to $8.4 million and take
Reef Worlds Plans for Underwater ‘Lost Cities’ to Boost Qatar Tourism
Reef Worlds, a Los Angeles-based company, intends to create an underwater theme park for waterfront resorts in Qatar. The theme park would consist of artificial reef sites that would be designed like ancient Lost Cities, reports Zawya. The aim of the project is to boost tourism and bring economic be
ABB Lands $400 Mln ‘Maritime Link’ Subsea HVDC Order
ABB, the leading power and automation technology group, has won an order worth approximately $400 million from NSP Maritime Link Inc., a subsidiary of Emera Inc., to supply a high-voltage direct current (HVDC) power transmission solution creating the first electricity link between the island of Newf
NOAA Conducts Ocean Acidification Survey Off Alaska
Scientists from NOAA’s Pacific Marine Environmental Laboratory, the University of Alaska and the Alaska Ocean Observing System are teaming up this summer and early fall to use new unmanned tools to study how melting glaciers in Alaska’s Prince William Sound may be intensifying ocean acidification in