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Subsea

SeaMar
Subsea

SeaMar bags new MMT deal for Deep Helder

Netherlands-based SeaMar Group has secured a new six-month contract from MMT for the offshore support vessel Deep Helder. Deep Helder is a DP2 offshore survey and ROV vessel with 50 berths. The 61-metre-long vessel is suitable for seabed surveys in water depths of 10–2000 metres. The vessel is also

about 6 years ago
SeaBird
Subsea

SeaBird stays in red despite revenue boost

Oslo-listed SeaBird has recognized net loss of $0.3 million for Q1 2020, against net loss of $0.4 million in the same period in 2019. SeaBird recorded revenues of $25.3 million in Q1, a 105 per cent increase compared to $12.3 million in Q1 2019. Significant part of revenues in Q1 2020 relates to a 3

about 6 years ago
Pipeshield
Subsea

Pipeshield sets up supply base at Mukran Port

Pipeshield has strengthened its Baltic Sea operations by establishing a supply base at Mukran Port on the Island of Rügen. The decision follows delivery of several projects from Mukran Port over the last 18 months. Tekmar’s subsea asset protection specialist will utilise the ports transport connecti

about 6 years ago
EDS-HV-Wraps-Up-Export-Cable-Work-at-SeaMade-Offshore-Wind-Farm
Subsea

EDS HV wraps up export cable work at SeaMade offshore wind farm

EDS HV Group has completed the termination and testing of the export cables at the SeaMade offshore wind farm in Belgium. The first phase of the work was completed at the Mermaid concession 54 kilometers off the coast on behalf of Hellenic Cables. EDS HV said it had secured the contract prior to the

about 6 years ago
A photo of TenneT's offshore substation at an offshore wind farm
Subsea

Ordtek nets TenneT’s German Bight UXO consultancy deal

UK-based unexploded ordnance (UXO) risk management company, Ordtek, has signed a three-year framework agreement with TenneT for services to be delivered for the German Bight wind farm zone in the North Sea. Ordtek said it would be providing UXO consultancy services and client representation ahead of

about 6 years ago

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Deep Energy
Subsea

TechnipFMC pipelayer sets new world record

London-based TechnipFMC said that its pipelay vessel Deep Energy has set a new world record for the stiffest pipe ever installed from a Reel-Lay vessel. The landmark was achieved while laying the P1 oil production pipe-in-pipe at Neptune Energy’s Duva- Gjøa P1 field. Nicolas Pallin, senior specialis

about 6 years ago
TGS
Subsea

TGS sinks on bottom line, cuts costs and investing

TGS saw profits slashed in the third quarter due to lower revenue amid challenging seismic market conditions.

about 6 years ago
Russian underwater vehicle takes dive in Mariana Trench
Subsea

Russian underwater vehicle takes dive in Mariana Trench

Russian autonomous uninhabited underwater vehicle named Vityaz has recently taken a dive to the bottom of the Mariana Trench. During the dive Vityaz installed a pendant at the bottom of the Mariana Trench, dedicated to the anniversary of the “Victory in the Great Patriotic War”, Russian Foundation f

about 6 years ago
Norway
Subsea

Norway to double funds for seabed minerals exploration

The Norwegian Government has proposed to increase funding for mapping of seabed minerals and knowledge building. In its revised National Budget for 2020, Norway is looking to boost its previous funding from 70 to close to 140 million Norwegian kroner. Tina Bru, Norwegian Minister of Petroleum and En

about 6 years ago
West Phoenix rig; Source: Equinor
Subsea

Neptune boasts world’s first dual drilling from subsea template

Oil and gas company Neptune Energy has conducted ‘the world’s first’ dual drilling operation from an integrated subsea template structure at the Fenja field in the Norwegian North Sea.

about 6 years ago

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Welaptega
Subsea

Welaptega delivers mooring inspection for Premier Oil

Underwater inspection provider Welaptega has completed a mooring inspection campaign for Premier Oil in the Central North Sea. An Ashtead company delivered the inspection solution using its Subsea Cleaning Tool and Subsea Caliper attached to an inspection-class ROV. Deployed directly from the platfo

about 6 years ago
Motive Offshore
Subsea

Motive Offshore marks fabrication unit boost

Subsea assets specialist Motive Offshore has increased turnover by 115 per cent in 18 months, boosted by its fabrication services. The company expanded its Aberdeenshire HQ fabrication activity and also rolled out across a number of key UK ports. This includes Peterhead, Aberdeen, Montrose and Blyth

about 6 years ago
Magseis Fairfield
Subsea

Magseis Fairfield posts quarterly loss

Seabed seismic player Magseis Fairfield has slightly widened its quarterly loss despite major revenue drop against the prior-year quarter. The Oslo-listed company generated Q1 2020 revenue of $53 million, down from $120 million same time last year. Revenue was also down from Q4 2019 revenue of $ 74

about 6 years ago
An image mapping the Sofia offshore wind project
Subsea

New set of seabed surveys to start at Sofia offshore wind site

Four survey vessels are ready to commence site investigations at the Sofia offshore wind project site off the UK’s North East coast. The surveys are part of a six-month site investigation campaign for innogy’s 1.4 GW project that started in February. The multi-purpose vessel Despina and survey vesse

about 6 years ago