Subsea
COVID-19 forces AGS to tighten its belt
Ocean bottom node seismic player Axxis Geo Solutions (AGS) said on Monday that it will reduce operations due to significant uncertainty in the market as a result of the COVID-19 crisis. According to the Oslo-listed AGS, this should take place following its current surveys in the North Sea and Egypt.
NSRI develops commercialisation tool for subsea sector
The National Subsea Research Institute (NSRI) has developed a tool which provides a clear indication of the potential commercial viability of early stage technology in the subsea industry, supporting technology and innovation developers, funding organisations and investors. By measuring the viabilit
SSEN taps Hitachi ABB Power Grids for Shetland HVDC link
Hitachi ABB Power Grids has won a contract from SSEN Transmission to deliver a pioneering multi-terminal HVDC interconnection in Shetland. It marks a European first for the HDVC Light technology and the second project of its kind in the world. The link, which will connect Shetland to the UK transmis
Acteon opens new facility in Aberdeen
Subsea services group Acteon has recently opened its new facility in Westhill, Aberdeen. The company has obtained the extensive newly built premises, spanning over a total of 55,000 square feet. The centre should simplify the interface for its clients and boost service delivery for survey, marine el
Airborne Oil & Gas names chief financial officer
Airborne Oil & Gas, a provider of Thermoplastic Composite Pipe (TCP), has promoted William de la Motte to chief financial officer (CFO) following six months as interim finance director. William de la Motte started his career at Dutch trading company Ceteco in the Americas, where he stayed for 13 yea
SMD wins LARS order from Orange Marine
Soil Machine Dynamics (SMD) has won contracts to supply two solutions to marine telecommunications company Orange Marine Group. SMD designed the new LARS systems to launch custom trenching ROVs for the burial of underwater fibre optic cables. The solutions are an evolution of SMD’s Wide Angle A-Fram
Fugro begins shallow water phase for 2Africa cable project
Fugro has begun its shallow water campaign for the 2Africa subsea fibre-optic cable project. Once installed, it will connect 23 countries in Africa, the Middle East and Europe and deliver more than the total combined capacity of all subsea data cables serving Africa today. Fugro is supporting the pr
Geoquip gears for Arklow Bank geotechnical survey
A geotechnical survey will be carried out in the Irish Sea to provide site investigation information to facilitate the development of the Arklow Bank Wind Park. Weather depending, survey work should start in either late August or early September 2020 and wrap up by the end of November 2020. The loca
Another delay for Minesto’s Faroe Islands launch
Swedish marine energy developer Minesto has seen another setback on its tidal energy project in Vestmannasund, Faroe Islands. During the initial commissioning phase of its DG100 tidal energy converter, a mechanical failure occurred in the powerplant’s mooring interface and denied further operations.
Van Oord to build Hollandse Kust (noord)
The CrossWind consortium of Shell and Eneco has selected Van Oord as the Balance of Plant contractor for the Hollandse Kust (noord) offshore wind project. As the Balance of Plant contractor, Van Oord’s activities encompass the engineering, procurement, construction, and installation of the foundatio
Plexus seals POS-GRIP deal with Spirit Energy
Plexus has secured a purchase order for a POS-GRIP surface production wellhead system from Spirit Energy. The order from Spirit Energy includes Plexus’ POS-GRIP 5,000psi leak proof “HG” metal to metal sealing surface production wellhead and associated spares and equipment for a new gas well in the U
ICPC welcomes new general manager
The International Cable Protection Committee (ICPC) has appointed Ryan Wopschall as its new general manager. Active in the ICPC as a member-company representative and speaker since 2010, Wopschall brings to the organisation deep knowledge and experience regarding protection of submarine cables, whic
TechnipFMC quarterly earnings dip
TechnipFMC has reported second-quarter 2020 profit of $12 million or 3 cents per diluted share against $97 million profit same time last year. Adjusted diluted earnings per share, excluding charges and credits, was 9 cents. Revenues for the quarter were down 8 per cent at $3.16 billion, form $3.43 b
Scotland reaps benefits from renewables, new report shows
Industry body Scottish Renewables has released a new report analysing contribution of renewable energy to the economy of rural Scotland. The report reviews five economic studies carried out over the past three years. It shows the “remarkable an undeniable” positive effects of the sustainable develop