Subsea
Viewport3 Enters Decom Market with Double Contract Win
Viewport3 has entered the decommissioning market after securing two pre-removal scanning contracts with a combined value of £100k. The contract scopes will see the company provide the operators with the intelligence they need to make decisions about the removal of items from the seabed, reduce ad-ho
Oceanteam Extends Cable Storage Contract
Oceanteam Solutions has secured a subsea cable storage contract extension with one of its premier clients. The extension follows a two-and-a-half years of storage of client’s subsea cables in Oceanteam Solutions’ 5300Te carousel at its cable storage facility in Velsen, the Netherlands. With this ext
Nexans Export Cables for Seagreen OWF
Nexans has been appointed by SSE as the preferred supplier to design, manufacture and install the onshore and offshore export cables for the Phase 1 development of the Seagreen offshore wind farm project. Currently under construction off the Angus coast, Phase 1 comprises the Seagreen Alpha and Brav
AKVA Group Names New CEO as Muri Resigns
Norwegian equipment provider for aquaculture industry AKVA Group said that Hallvard Muri has resigned from his position as the company’s CEO with immediate effect. Muri has held the chief executive officer position since November 2016. Muri stated: “After serving as CEO for three years, I believe it
SEA Wraps Up ASW System Trials with Portuguese Navy
SEA has completed sea trials of its Anti-Submarine Warfare (ASW) System with the Portuguese Navy as part of Exercise REPMUS (Maritime Unmanned Systems) 19. The KraitSense low-profile passive sonar system detected, tracked and classified a submarine whilst deployed from a Portuguese Navy offshore pat
Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (October 28 – November 03). https://subseaworldnews.com/2019/11/01/onesubsea-bags-subsea-compression-deal-for-ormen-lange/ https://subseaworldnews.com/2019/10/29/mermaid-wins-middle-east-contract-exten
Celtic Norse Cable Branches to Scotland and Iceland
Celtic Norse fibre optic cable between Norway and Ireland will be partnered by Vodafone Iceland to develop a branch into Iceland. It is also investigating the opportunity to develop a branch into Scotland, initially with the government’s infrastructure body, the Scottish Futures Trust and Host in Sc
Fugro Cashes In on Huawei Marine Networks Stake Sale
Fugro will be able to monetise part of its non-core interest in Global Marine Group (GMG), following the stake sale in Huawei Marine Networks (HMN). GMG has agreed to a sale of its 49% stake in Huawei Marine to Hengtong Optic-Electric, in a transaction that values HMN at $285 million, and Fugro’s st
Subsea 7 in FEED Study for A/S Norske Shell’s Ormen Lange
Subsea 7 has been awarded a front-end engineering design (FEED) study by OneSubsea, a division of Schlumberger, for the subsea umbilicals and flowlines system of the Ormen Lange field, operated by A/S Norske Shell. A/S Norske Shell awarded OneSubsea an engineering, procurement, construction and inst
OneSubsea Bags Subsea Compression Deal for Ormen Lange
OneSubsea, a division of Schlumberger, has secured an engineering, procurement, construction and installation (EPCI) frame agreement from A/S Norske Shell to supply a subsea multiphase compression system for the Ormen Lange field in the Norwegian Sea. Through the EPCI contract, OneSubsea and its Sub
Straightpoint Launches Subsea Link
Straightpoint, a Crosby Group company, has launched the Subsea Link, a standard product for applications up to 2,000m beneath the water’s surface. The product can be rigged with Crosby’s remotely operated underwater vehicle (ROV) shackles and the company’s Trawlex shackle range, amongst others. The
Oceaneering Quarterly Loss Narrows
Oceaneering has reported a net loss of $25.5 million, or 26 cents per share, for the three months ended September 30, 2019. The result compares with net loss of $66 million same time last year. During the prior quarter ended June 30, 2019, Oceaneering reported a net loss of $35 million, or 36 cents
Namaka Subsea Wraps Up Support Project in Asia
Namaka Subsea has recently completed a subsea operations support project for a hose replacement campaign in Asia. Earlier this year, Namaka Subsea engaged with a diving contractor who had been awarded its first major offshore project, which included the removal and installation of two subsea flexibl
Equinor Picks JDR and Subsea 7 for Hywind Tampen Cabling
JDR Cable System and Subsea 7 Norway have been awarded cabling contracts for Equinor`s Hywind Tampen project. JDR will be responsible for the design, procurement and fabrication of export and inter-array cables. The cables will be fabricated in Hartlepool in the UK. Subsea 7 has been tasked with ins