Subsea
Equinor selects subsea concept for stranded Norwegian assets
Equinor and its partners have selected a concept for developing six discoveries in a joint unitisation project on Haltenbanken.
Jan De Nul fixes DolWin Alpha cable
Jan De Nul has repaired TenneT’s AC108 cable connecting the Trianel Borkum offshore substation with Tennet’s DolWin alpha converter station in the German North Sea. The repair job is part of the Service Level Agreement for cable repairs that Jan De Nul and TenneT entered into in 2019. TenneT engaged
NKT posts strong Q1 2021 results, all divisions deliver
NKT has reported a revenue of €296 million in the first quarter of 2021, a 21% organic growth from the €240 million in the same quarter of 2020, with positive growth from all of the company’s three business lines. Operational EBITDA increased for all the business lines and almost tripled from €10.2
Partners Group becomes sole owner of Greenlink interconnector
Partners Group has become a 100% shareholder in the Greenlink electricity interconnector between Ireland and Great Britain. Partners Group has acquired a 51% stake in Greenlink from Element Power, meaning that it now entirely owns the interconnector on behalf of its clients. Greenlink will use a sub
NBO delivers Skye and Harris replacement subsea cable
Ningbo Orient Cable (NBO) has delivered the 33 kV subsea cable for the SSEN Skye-Harris cable replacement project in the UK. NBO completed the production of the 38 kilometers of 33 kV submarine cable after four months of work and loaded it onto the transportation vessel. The cable will now be transp
Magseis Fairfield adds Norwegian 4D OBN survey to to-do list
Magseis Fairfield has secured a contract to carry out a 4D Ocean Bottom Node (OBN) monitor survey in the Norwegian North Sea. The survey operations will be conducted using Magseis Fairfield’s MASS node technology. Work is expected to start in the third quarter of the year and have a duration of just
Modus orders Kawasaki AUV pair
The UK-based Modus Subsea Services has placed an order with Kawasaki Heavy Industries (KHI) for two SPICE autonomous underwater vehicles (AUV). SPICE (Subsea Precise Inspector with Close Eyes) is expected to be delivered to Modus this year and will be used for operations in the North Sea and other s
TechnipFMC nets EPCI contract for Captain EOR subsea equipment
TechnipFMC has secured an engineering, procurement, construction and installation contract (EPCI) for subsea equipment for the Captain Enhanced Oil Recovery (EOR) project in the North Sea. Under the contract awarded by Ithaca Energy (UK), TechnipFMC will design, manufacture, deliver and install a ri
Gardline’s new survey vessel begins first job
Gardline’s new survey vessel Ocean Resolution has commenced survey operations after completing equipment trials earlier this year. Ocean Resolution underwent a period of detailed planning, conversion, and commissioning, Gardline said, adding that the vessel has been purpose-designed to carry out sur
Fugro wins offshore wind site investigation contract in Germany
Germany’s Federal Maritime and Hydrographic Agency (Das Bundesamt für Seeschifffahrt und Hydrographie (BSH) has awarded Fugro a multi-year site investigation contract.
TGS sees revenue increase in Q1 2021, lower segment numbers
TGS-NOPEC Geophysical Company (TGS) has reported a revenue of $186 million in the first quarter of 2021, an increase of 256% compared to $52 million in Q1 2020. EBITDA was $162 million and the operating result was $69 million, compared to $26 million and $-58 million, respectively, in the first quar
Oceanteam secures contract in German Baltic area
Oceanteam has secured a contract for the provision of a cable transport spread for a project in the German Baltic area.
IOG awards Core Project Phase 1 duty holder role to ODE
UK gas company IOG has awarded the Phase 1 duty holder contract for the installation and pipeline operator as well as facilities operations and maintenance to ODE Asset Management (ODE AM).
In focus: Carbon capture and storage as key element in achieving decarbonisation
In this edition of In focus, we’ll be looking at ways through which the offshore energy sector is working to reduce carbon emissions.