Subsea
Nord Stream 2 pipelaying set to restart. U.S. warns of new sanctions
As Gazprom prepares to continue Nord Stream 2 pipelaying work in Danish waters, the U.S. State Department has again warned European companies of sanctions if they are suspected of helping to build Russia’s new gas pipeline.
Multiconsult and Argeo form marine survey alliance
Norwegian companies Multiconsult and Argeo have entered into a strategic cooperation to improve quality of marine surveys and increase construction insight of the seabed conditions for large coastal development projects and offshore structures. The two parties have also invested in a Hugin autonomou
Greece and Italy scoping new power link
Greece and Italy will be looking to build a new subsea power interconnector with up to 1GW capacity, Greek grid operator IPTO said in its 2022-2031 preliminary development plan. IPTO and its Italian equivalent Terna recently teamed up to prepare studies to strengthen the interconnection of the two e
Fraunhofer IWES wraps up survey in Baltic Sea
Fraunhofer IWES has conducted a boulder detection and geohazard survey of 50 turbine locations and the associated OSS at the Baltic Eagle offshore wind project for Iberdrola. The three-week measurement campaign took place in October and November 2020 using the novel proprietary Manta Ray G1 system d
Norway eyeing deep-sea metal mining future instead of oil
Norway, one of the wealthiest countries in the world due to its oil and gas reserves, is looking to transition to deep-sea mining for copper, zinc, and other metals in high demand in green technologies.
Verhagen stepping down as Fugro CFO
Netherlands-based Fugro has informed that its chief financial officer (CFO) Paul Verhagen has decided to leave the company. Verhagen joined Fugro as CFO and also member of the board of management in 2014. He will step down after the annual meeting of shareholders on 22 April 2021. He is up for nomin
New CFO for TechnipFMC
TechnipFMC has named Alf Melin as its new executive vice president and chief financial officer, effective January 25, 2021. Melin has been with the company since 1995 and has held multiple leadership positions in finance, treasury and operations. He currently serves as senior vice president, finance
Subsea tree demand could reach 224 units in 2021, Westwood says
Current subsea tree demand in 2021 could total up to 224 units, based on $50/bbl Brent, according to market research provider Westwood. Based on assessment of subsurface, commercial & geopolitical factors, Westwood has classified 137 units as ‘firm’, 51 unit as ‘probable’ and 32 units as ‘possible’.
Subsea 7 director Stevens passes away
Subsea 7 informed that its non-executive director and senior independent director Allen Stevens passed away on 10 January 2021. Stevens started in the shipping industry in financial planning at Sea Land Service Inc. and subsequently served as Treasurer of McLean Industries Inc. from 1972 to 1988. As
CGG wraps up Barents Sea seeps study
CGG’s Satellite Mapping group recently completed a high-resolution hydrocarbon seeps study commissioned by the Norwegian Petroleum Directorate (NPD). The aim of the study was to increase petroleum system knowledge across the northern Barents Sea. CGG Satellite Mapping has over twenty-five years of e
Total and ExxonMobil tap Strohm to boost TCP tech
Thermoplastic composite pipe (TCP) specialist Strohm has secured a contract with Total and ExxonMobil for a qualification testing programme for a high pressure, high temperature TCP. The qualification project will create a foundation for further development of this TCP technology for riser applicati
DLM builds monitoring system for OWF cables
UK-based Dynamic Load Monitoring (DLM) has manufactured two bespoke monitoring systems that have been installed by dive teams on subsea bend stiffeners at an offshore wind farm. The equipment has been commissioned, with the first round of data due to be collected in March 2021. DLM delivered the bes
OGA seeks carbon capture and storage experts
The UK Oil & Gas Authority (OGA) is looking to commission a project to carry out work on a UKCS carbon capture risk register and global lessons learned. In anticipation of increased interest in carbon capture and storage projects on the UKCS, the OGA wants to strengthen its regulatory excellence in
JDR preps next batch of Kriegers Flak cables
JDR is loading out its third batch of cables set for Kriegers Flak offshore wind farm in the Baltic Sea. The TFKable Group company is supplying 170 kilometres of 33 kV cables for the 72-turbine offshore wind farm. As part of this latest load-out JDR is spooling to vessel 57.5 kilometres of inter-arr