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Subsea

Ofgem
Subsea

Ofgem greenlights Shetland subsea link

Ofgem has approved a proposal by SSEN to build a 600MW subsea link from Shetland to mainland Scotland. The link would allow new wind farms on Shetland to export electricity to and also ensure supply on the islands. Ofgem’s approval is also subject to approval of 457MW Viking Energy Wind Farm. Ofgem

about 6 years ago
Innovo
Subsea

Sparrows hosts Innovo modular RDS in Aberdeen

Engineering firm Innovo has relocated its electric modular reel drive system (RDS), Innodrive 800T to Sparrows Group HQ in Aberdeen. Approved by Lloyd’s Register, the 800T RDS represents the latest of the large electrical RDSs introduced by Innovo. The Innodrive 800T RDS can carry 800-ton reels incl

about 6 years ago
Sonardyne
Subsea

Sonardyne, XOCEAN deliver Ormen Lange data

Sonardyne and XOCEAN have completed a live seabed-to-shore data harvesting mission for Norske Shell using an unmanned surface vessel (USV). The survey is part of a seabed monitoring campaign at the Ormen Lange field offshore Norway. The teams completed the project without a single person having to t

about 6 years ago
IMCA
Subsea

IMCA boosts team with DP specialist

IMCA has appointed Mark de Barr as technical adviser – marine specialising in dynamic positioning and vessel assurance. Mark de Barr has joined as freelance consultant engineer providing project management, inspections, audits and marine warranty services. His career has encompassed roles with Bue M

about 6 years ago
Helix
Subsea

Helix Energy Solutions swings to quarterly loss

Houston-based offshore services and robotics specialist Helix Energy Solutions has reported net loss of $11.9 million, or 9 cents per diluted share, for the first quarter of 2020 compared to $1.3 million profit for the same period in 2019. Sequentially, profit fell from $8.1 million of 5 cents per d

about 6 years ago

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PGS
Subsea

PGS raises cost-cutting as it sinks to wider loss

PGS has seen its Q1 2020 loss widened, mostly on impairments related to library and sale of non-current assets. The Oslo-listed seismic player reported quarterly loss of $117.5 million, or 32 cents per share on revenues of close to $129 million, against loss of $65 million, or 19 cents per share on

about 6 years ago
TechnipFMC Q1 2020
Subsea

TechnipFMC books $3.25B loss; cuts execs pay and dividend

TechnipFMC has reported first-quarter 2020 loss of $3.25 billion or $7.28 per diluted share against $21 million profit same time last year. The services major has seen the results affected by after-tax charges and credits totaling $7.17 per share, primarily driven by non-cash impairment charges. Tec

about 6 years ago
MacArtney welder works on MERMAC eA skid
Subsea

MacArtney kicks off all-electric LARS production

Underwater technology specialist MacArtney has started manufacturing of its first eLARS system. To meet the green agenda the all-electric eLARS features a number of eco-friendly benefits. Zero pressure oil over water reduces the risk of oil spillage, and energy efficiency is also up by more than 30

about 6 years ago
Skarv FPSO
Subsea

Aker BP kicks off production from Norwegian well three years ahead of schedule

Aker BP has started production from the first Ærfugl phase 2 well in the Norwegian Sea – three years ahead of the original plan.

about 6 years ago
Fugro
Subsea

Fugro secures work on Well-Safe Guardian rig

Fugro has won an initial three-year contract with UK-based decommissioning service provider Well-Safe Solutions. Fugro will deliver its marine-based solution onboard the Well-Safe Guardian semi-submersible rig. The contract will see Fugro supplying and supporting remotely operated vehicle (ROV) serv

about 6 years ago

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BMT
Subsea

BMT unveils next gen hull-form for autonomous ops

BMT has released details of its next generation ‘Pentamaran’ platform for autonomous applications. These vessels will be capable of performing commercial and defence missions including ISR, ASW and hydrographic surveying. The Pentamaran design aims to reduce drag as much as possible. BMT said that t

about 6 years ago
IMCA releases Covid guidelines
Subsea

IMCA releases Covid guidelines

The International Marine Contractors Association (IMCA) has released new compilation of COVID guidelines. The compilation includes COVID-19 related IMCA Safety Flashes and IMCA Information Notes, including those relating to the extension of renewal periods for certain industry recognised certificate

about 6 years ago
ROVQUIP
Subsea

ROVQUIP adds Webtool cable gripper

ROV tooling firm ROVQUIP said it has further expanded its rental capabilities with the Webtool CRT200T cable retrieval tool. CRT200 comes with Hot Stab or Torque Tool interface for subsea ops and can also come with various cutting tools. This compliments ROVQUIP pool of rental tools, following the r

about 6 years ago
Rever-Offshore-nets-Perenco-UK-contract-in-North-Sea
Subsea

Rever Offshore nets Perenco UK contract in North Sea

Rever Offshore has been awarded a major contract from Perenco UK in the Southern North Sea. The contract was awarded as a part of the larger Southern Hub Area Redevelopment Project (SHARP), comprising two campaigns which will take place over the course of the next 18 months. Under the contract, Reve

about 6 years ago