Subsea
Prysmian Nets EUR 700M Viking Link Project Contract
Prysmian Group has received a letter of award from National Grid Viking Link Limited and Energinet, for the development of Viking Link, the first submarine cable connection between the UK and Denmark. Worth close to €700 million, the contract includes the turn-key design, manufacture and installatio
Louis Dreyfus to Work on Saint-Nazaire Inter-Array Cabling
Louis Dreyfus TravOcean has signed its first contract related to the development of offshore wind farms in France. This contract for supply, installation and protection of inter-array power cables for the Saint-Nazaire offshore wind project was signed earlier this month with project leaders EDF Reno
TechnipFMC Lands Seagull iEPCI Contract from Neptune Energy
TechnipFMC has received a significant integrated Engineering, Procurement, Construction and Installation (iEPCI) contract from Neptune Energy for the Seagull project, located in the Central North Sea. According to TechnipFMC, a significant contract ranges between $75 million and $250 million. This c
NKT Gets Power Cables Order for Viking Link
NKT has secured a contract worth approximately EUR 90 million from Energinet and National Grid, the owners of Viking Link interconnector project, between Denmark and Britain. The contract will see NKT supply approximately 150 km of 525 kV MI high-voltage DC onshore power cables for the Viking Link i
LAkHsMI Partners Wrap Up Prototype Field Trials in Orkney
International underwater connectivity manufacturer Hydro Bond Engineering has completed prototype subsea oceanography equipment field tests in Orkney with the collaboration of several European research partners. The LAkHsMI project (‘Sensors for LArge scale HydrodynaMic Imaging of ocean floor’) inve
Nexans 420 kV XLPE Cables Set for New Water Depths
Nexans said it has completed the final type-test to qualify its 420 kV XLPE subsea cable for installation at a world record depth of 550 meters. The cable type-testing, carried out by Nexans Norway, is a vital preparation for a project to create a subsea power interconnector crossing Fensfjorden, a
MDL Beefs Up HLS Rental Portfolio
Maritime Developments (MDL) has added a horizontal lay system (HLS) to its rental fleet following a double-project award from a new client. The HLS is designed to work in conjunction with the complete range of MDL 2-track or 4-track tensioners for installation or retrieval of SURF products. In its c
Halfwave Bags New Pipeline Inspection Contracts
Halfwave has secured four contract wins for subsea inspection in the first half of 2019, marking a period of success for the company. The contracts will see its ROV mounted ARTEMIS tool utilized on major oilfield projects around the world. The tool, which utilities Acoustic Resonance Technology (ART
David Lamont Takes ROVOP Helm
ROVOP, the subsea robotics company, has said that David Lamont is assuming the position of CEO with immediate effect. Lamont, who currently serves as the chairman at ROVOP, was most recently CEO at Proserv. Lamont said: “I have enjoyed working with the ROVOP team over the past months as Chairman and
Red Ink for PGS
Petroleum Geo-Services (PGS), reported loss for the second quarter ended June 30, 2019 of $49 million versus profit of $10 million in the prior-year quarter. Basic loss per share was 14 cents, down from 3 cents per share profit same time last year. Norway-based PGS generated $192 million in quarterl
New CEO for Schlumberger
Schlumberger has appointed Olivier Le Peuch as its new chief executive officer and member of the Schlumberger board, effective August 1, 2019. In his 32 years with Schlumberger, Le Peuch has held a variety of global management positions. Le Peuch succeeds Paal Kibsgaard, who will retire as CEO effec
Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (July 15 – July 21). https://subseaworldnews.com/2019/07/15/dof-secures-work-for-its-vessels-in-subsea-segment/ https://subseaworldnews.com/2019/07/16/james-fisher-and-sons-gets-more-work-in-renewables
OceanTools Expands Its Team
OceanTools has welcomed Brian Hector and Diane Smith, both formerly part of Teledyne Bowtech, to its team. Their roles are to assist in the development and expansion of the OceanTools camera and lighting range. The company is looking to create a range of industry leading cameras (including IP and Gi
Transmark Subsea Integrates Seaproof Solutions
Transmark Subsea has taken over employees and assets of Seaproof Solutions. Transmark will continue part of the activities related to the subsea cable and connector business of Seaproof Solutions. Transmark is active in the subsea cable and connector industry, which makes it possible to integrate th