Subsea
Subsea 7 Boosts Executive Team with Evans at Helm
Subsea 7 has made additions to its executive management team as the new CEO takes over, effective from 1 January, 2020. John Evans is now in place as chief executive officer, succeeding Jean Cahuzac who retired at the end of 2019, but remains on the board of the company as a non-executive director.
Editors Picks for 2019
The editors of Subsea World News have selected a few among many worth remembering articles from the previous year that received exceptionally high attention from our readers. In no particular order, here are some of the news to look back on, in case you missed them last year. Enjoy! https://subseawo
Monthly Highlights of 2019
Subsea World News has singled out the most interesting articles from each month of 2019 that highlighted the subsea industry. January: Woodside Names Scarborough Winners Australian operator Woodside has awarded four contracts for front-end engineering design activities for the proposed Scarborough P
Best of 2019
Subsea World News brings you the most popular articles from 2019. The Best of 2019 represents the readers’ choice, based on the monthly statistics and general interest in the articles. The most read articles of 2019 were: https://subseaworldnews.com/2019/08/27/technipfmc-splits-in-two/ This content
HAPPY NEW YEAR 2020!
Subsea World News team wishes all our readers and their loved ones a happy and prosperous New Year! HAPPY NEW YEAR 2020!
Pandion Energy Completes Duva Stake Sale to Solveig Gas
Pandion Energy has completed the sale of 10% non-operated interests in PL 636, comprising the Duva oil and gas field, and PL 636B to Solveig Gas. The Duva oil and gas field is located in the northern North Sea and was discovered in the autumn of 2016. The Plan for Development and Operation (PDO) was
Trianel Windkraftwerk Borkum Issues Subsea Maintenance Tender
Trianel Windkraftwerk Borkum has announced a tender for the CPS retrofit and bolt exchange services for the Trianel Windpark Borkum offshore wind project. Under the contract, the company will provide subsea works on CPS retrofits and subsea bolt exchanges at diffusor plates at the offshore wind farm
Spanish Shipyard to Build Research Vessel for Marine Institute
Spanish shipyard, Astilleros Armon Vigo, has secured a contract from the Marine Institute in Galway for the construction of a research vessel. The Institute hired the Armon Vigo shipyard to build, construct, outfit, test and deliver the research vessel. The shipyard secured the contract to build ves
Integral Adds Strategic Advisor
Patrick Friend has joined science and engineering firm Integral Consulting (Integral) as a strategic advisor to support its Marine Science and Engineering practice. Dr. Friend has a Ph.D. in sediment dynamics from the University of Southampton’s National Oceanography Centre, and more than 20 years o
Fugro Becomes Sole Owner of Seabed Geosolutions
Fugro has entered into an agreement to acquire CGG’s 40% shareholding in Seabed Geosolutions. This will terminate the Seabed Geosolutions’ joint venture agreement effective December 30, 2019 in exchange for a cash consideration of USD 35 million, paid by CGG before year-end 2019. The proceeds will b
DOF Moves Forward with Refinancing Negotiations
DOF Group has made progress is negotiating with its banks and bondholders with a view to finding sustainable long-term financing structure that is aligned with the current market environment. The bondholders in each of DOFSUB07, DOFSUB08 and DOFSUB09 bond loans resolved to continue and extend the en
Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (December 23 – December 29). https://subseaworldnews.com/2019/12/23/saipem-charters-solstads-dlb-norce-endeavour-with-option-to-buy/ https://subseaworldnews.com/2019/12/20/subsea-7-bags-st-malo-contrac
EMGS Sees Progress in Payment Delays
Electromagnetic Geoservices (EMGS) has seen progress in experiencing delays in payment and approval of invoices for an acquisition contract in the Americas. The delays in payment and approval of these invoices continues. However, the company is experiencing progress both with regards to payment of a
GEO.xyz Nets Thor Offshore Wind Farm UXO Box Survey
Energinet has awarded unexploded ordnance (UXO) box survey for Thor offshore wind farm in the Danish North Sea to GEO.xyz. Energinet is performing the initial geophysical and geotechnical investigations prior to the procurement of the wind farm. The survey will be conducted in order to minimize the