Solstad has secured a contract for the CSV Normand Cutter with UK-based subsea engineering firm Global Marine Group (GMG). Commencement of the contract is in March 2021, in direct continuation of current charter with GMG. Firm duration of the contract is 120 days plus 80 days options thereafter. In
Thermoplastic composite pipe (TCP) specialist Strohm has secured a contract from Allseas to support its deep-sea mining technology project. This is the first time Strohm will deliver its TCP solution for a deep-sea mining application. Under the agreement, Strohm will provide Allseas with a spoolable
Aibel and Hitachi ABB Power Grids have been awarded contracts for the third phase of the 3.6 GW Dogger Bank Wind Farm development, Dogger Bank C. Under an EPC contract, Aibel will deliver a third converter platform for the world’s largest offshore wind farm. In October 2019, the company was selected
Oil and gas company Beach Energy has revealed it would be using subsea tiebacks and existing infrastructure to develop its Trefoil project offshore Australia.
Seismic exploration company Shearwater said it has won a ‘substantial’ contract for deepwater ocean bottom node seismic acquisition for Petrobras’ Tupi and Iracema projects in the Santos Basin offshore Brazil. This will be the largest OBN seismic survey in Brazil at the Tupi field. It will also be a
Aker Solutions has secured a letter of intent from Equinor for the topside work on the Troll B and C platforms offshore Norway to reduce the CO2 emissions.
Energy consultancy AGR has signed a framework agreement with Gassnova for carbon capture and storage technical advisory services. Norway’s Gassnova facilitates the development of technology and solutions to enable cost efficient and progressive solution for the capture and storage of CO2. AGR will d
Pipeshield, a Tekmar Group company, has launched a new Grouting Division, strengthening the company’s range of subsea protection, support, and stabilisation solutions. The introduction of a new Grouting Division builds on Pipeshield’s experience in fabric formwork and grout bag solutions. It enables
Seabed seismic player Magseis Fairfield has narrowed it quarterly loss despite significantly lower year-on-year revenue. The Oslo-listed company generated Q3 2020 revenue of $48.4 million, down from $74.4 million same time last year. The year-on-year decline mainly reflects the significantly lower a
Norwegian seismic player PGS, in cooperation with ANPG, has begun a new fully prefunded MultiClient 3D survey in the Lower Congo Basin, near the river plume of the Congo in Angola Block 1/14. The acquisition phase will continue until April, with fast-track data expected in October 2021. PGS vessel R
Offshore Energy Exhibition and Conference (OEEC) will take place in Amsterdam RAI on Tuesday 26 and Wednesday 27 October 2021. The 14th edition of OEEC will have a physical exhibition floor and content programme combined with an online event and matchmaking environment. The dates for the event were
TechnipFMC today officially completed its spin-off transaction to create two independent, publicly traded companies, TechnipFMC and Technip Energies. In connection with the separation, the Technip Energies has set its technical reference price at €9.00 ahead of its direct listing on the Euronext Par
Financially troubled ocean bottom node seismic player Axxis Geo Solutions has decided to apply for bankruptcy protection. Axxis said on Tuesday it failed to reach agreement with all creditors in order to implement a voluntary solution to refinance the company. Earlier this year, the Oslo-listed comp
The second inter-array cable installation campaign will begin this month at the Moray East offshore wind farm, where the seventh wind turbine was installed on 10 February and the decommissioning of the met mast is currently underway. The first inter-array cable installation campaign, which started o
