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euroafrica interconnector
Subsea

EuroAfrica Interconnector Seeks Cabling Contractor

EuroAfrica Interconnector project has launched a tender call for the engineering, procurement, construction and installation of the HVDC cable system between Egypt and Cyprus. EuroAfrica Interconnector, as the official project promoter and developer, will finance the construction of the electricity

about 6 years ago
Fugro to Cut Staff, Implements Hiring and Salary Freeze
Subsea

Fugro to Cut Staff, Implements Hiring and Salary Freeze

Fugro is carrying out cost reduction measures to reduce the impact of the COVID-19 pandemic and the low oil price environment, including minimising the hire of short-term charters, implementing a hiring and salary freeze and workforce reduction. The company has also withdrawn its guidance for 2020,

about 6 years ago
Subsea 7 Unit to Set Up Kaskasi OWF Foundations and Cables
Subsea

Subsea 7 Unit to Set Up Kaskasi OWF Foundations and Cables

Subsea 7 has secured a contract for the Innogy’s Kaskasi offshore wind farm project in the German sector of the North Sea. The work scope includes the transport and installation of the offshore substation foundation, 38 wind turbine monopile foundations and 52 kilometres of inner-array grid cables i

about 6 years ago
JFD Develops Ventilator to Support COVID-19 Battle
Subsea

JFD Develops Ventilator to Support COVID-19 Battle

Subsea engineering firm JFD said it will bring to market a new patient ventilator system to support global health systems in fight against the COVID-19 pandemic. JFD has responded to the UK Government’s Rapidly Manufactured Ventilator System call to manufacturers, to support the provision of essenti

about 6 years ago
Greensea New Hull Crawler Tech Utilizes VideoRay ROV
Subsea

Greensea New Hull Crawler Tech Utilizes VideoRay ROV

Greensea has developed a new hull crawler that attaches a remotely operated vehicle (ROV) to a ship hull without magnetics and allows the operator to “drive” the ROV and payloads over the hull. Initial hull crawlers are designed to work exclusively with the VideoRay Mission Specialist Defender ROV.

about 6 years ago

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PGS Forecasts Revenue Hit; To Cold-Stack Two Ships
Subsea

PGS Forecasts Revenue Hit; To Cold-Stack Two Ships

Marine geophysical firm PGS said it expects the low oil price to have a material negative impact on demand for seismic services and activity. The company is implementing cost and capital expenditure measures to meet an expected significant revenue reduction, with details to be provided in Q1 2020 ea

about 6 years ago
OGTC Integrates OGIC
Subsea

OGTC Integrates OGIC

Activities undertaken by the Oil & Gas Innovation Centre (OGIC) have transferred to the Oil & Gas Technology Centre (OGTC) in Aberdeen, supported by £3-million funding to boost low carbon technology. The funding has been provided by Scottish Funding Council, Scottish Government and Scottish Enterpri

about 6 years ago
Rovco Makes New Appointments
Subsea

Rovco Makes New Appointments

Rovco has made a number of key executive team hires and internal appointments, which will be based in Bristol and Edinburgh. Reena Rowan has been appointed as chief financial officer at Rovco. She has previously held senior finance positions within Innogy and a number of PE-backed organisations acro

about 6 years ago
SSEN Wraps Up Jura – Mainland Cable Works
Subsea

SSEN Wraps Up Jura – Mainland Cable Works

Scottish and Southern Electricity Networks (SSEN) has replaced the submarine electricity cable connecting the Isle of Jura to Tayvallich in Argyll, following a cable fault in November. SSEN connected the new cable to the main electricity network on Tuesday 31 March, returning the network to normal o

about 6 years ago
TGS to Start Atlantic Margin 20 Survey in Summer
Subsea

TGS to Start Atlantic Margin 20 Survey in Summer

TGS plans to start the Atlantic Margin 20 (AM20) 3D multi-client project as soon as the marine seismic acquisition season gets underway in north-west Europe this summer. The survey will be acquired by the Polarcus Adira. Fast-track data will be available in Q4 2020, with final PSTM product delivery

about 6 years ago

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Seabed Geosolutions Cancels Eidesvik Charter
Subsea

Seabed Geosolutions Cancels Eidesvik Charter

Norwegian vessel owner Eidesvik Offshore said it has received notice of early re-delivery from Seabed Geosolutions for the seismic source vessel Vantage. In May 2019, Eidesvik entered into a long-term master time charter agreement with Fugro’s subsidiary. The contract was extended in February this y

about 6 years ago
Rotech Subsea Tops Off 2019 Campaign with North Sea Cable Deburial
Subsea

Rotech Subsea Tops Off 2019 Campaign with North Sea Cable Deburial

Rotech Subsea has rounded off 2019 by completing a deburial scope in the North Sea. Rotech Subsea was contracted to carry out a subsea cable deburial at the Borkum wind farm using the Twin RS1 Low Draught (TRS1-LD) excavator. Following the installation of the new subsea cable, the excavation special

about 6 years ago
Current Market to Have Adverse Impact on Aker Solutions
Subsea

Current Market to Have Adverse Impact on Aker Solutions

Engineering firm Aker Solutions is taking measures to mitigate the effects of activity slowdown due to the COVID-19 outbreak and plummet in oil price, involving temporary layoffs, freezing salaries on all levels, accelerating cost-saving initiatives, and significantly reducing investments. The compa

about 6 years ago
JDR Completes Subsea Cables Delivery for Taiwanese Changhua Project
Subsea

JDR Completes Subsea Cables Delivery for Taiwanese Changhua Project

JDR, owned by the TFKable Group, has completed the delivery of subsea power cables and accessories to Jan De Nul for the Taiwan Power Company offshore wind farm phase one, the Changhua project. JDR designed and manufactured 65km of array and export cable to transmit power from the wind turbines to t

about 6 years ago