Subsea
ABB Package for Remote-Controlled Submersible Fish Farm in Arctic Ocean
ABB has won a contract from Arctic Offshore Farming to power its first-ever remote controlled submersible offshore salmon farm in the Arctic Ocean. ABB will provide a comprehensive package of its electrical, automation, instrumentation and telecom technologies. With the global market volume of salmo
Magseis Fairfield Reports Q1 Loss
Seabed seismic services player Magseis Fairfield has posted loss in the first quarter of 2019. The Oslo-listed company has seen its revenue at USD 120 million, up from USD 25 million same time last year (excluding Fairfield and WGP Group revenue). First-quarter EBITDA came at 16 million, against EBI
SeaBird, BOA Enter Final Agreement for Two Vessels Buy
SeaBird and BOA SBL have entered into final agreements to acquire the BOA Galatea and BOA Thalassa vessels. Earlier this month the company received bondholders approval for the acquisition. With the final agreements now signed, all conditions for completion of the Private Placement have been satisfi
HFW Aids BIMCO in Drafting Decommissioning Contact
HFW law firm has helped shipping association BIMCO draft an industry standard offshore decommissioning contact. The contract, DISMANTLECON, has been approved by BIMCO’s Documentary Committee and will be released at the end of June, along with guidance notes. It can be used for removal of any offshor
Subsea 7 and Royal IHC Splash Seven Vega
Subsea 7 and Royal IHC have launched the fully integrated reel-lay vessel Seven Vega. The ceremony took place at IHC’s shipyard in Krimpen aan den IJssel, The Netherlands, and was performed by Monica Th. Bjørkmann, Vice President for Subsea 7 in Norway. Stuart Fitzgerald, Executive Vice President St
Atlantis Subsea Farming Project Kicks Off
Atlantis Subsea Farming has for the first time deployed fish in its submersible pen and now the project is following the life of the fish in the deep. Atlantis Subsea Farming AS is owned by SinkabergHansen, AKVA group and Egersund Net, and in March last year the company was awarded a development lic
Kraken Subsea Solutions Wins Kriegers Flak Job
Kraken Subsea Solutions has been awarded the contract for inter-array cables package installation employer’s representation by Vattenfall for Danish Kriegers Flak (DKF) Project. The French marine renewable projects engineering and consultancy specialist will provide supervision services to Vattenfal
Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (May 20 – May 26). This content is available after accepting the cookies. Change cookie-settings View on Subseaworldnews. Dcn Diving Charters Another Solstad Vessel This content is available after acce
Nord Stream 2 Starts Fish Juveniles Release in Russia
Nord Stream 2, the developer of the twin gas pipeline in the Baltic Sea, has performed the release of brown trout fish juveniles under the control of the Northwest branch of the Federal Fishery Agency, Fishery Inspection and Federal Service for Supervision of Natural Resource Usage. In total 146,000
Subsea 7 Ready for Seven Vega Launch
Subsea 7 is set for the launch and official naming ceremony of its new reel-lay vessel Seven Vega, to take place on Saturday. “When delivered, Seven Vega will be one of the most capable and cost-effective reel-lay vessels in the market and a global enabler for Subsea 7,” the company wrote on its soc
Olympic Subsea Secures Vessel Work in Renewables Market
Olympic Subsea has entered into an agreement with Adwen GmbH, a subsidiary of Siemens Gamesa, for the multipurpose offshore vessel Olympic Orion. The contract period is firm for six months with further options, and it is expected to start in Q2 2019. Olympic Orion is equipped with gangway system, 10
Neptune Wraps Up Papua New Guinea Work for Oil Search
Neptune has recently completed several survey, maintenance and construction campaigns for Oil Search at its offshore facilities in Papua New Guinea. The campaigns were conducted under the ongoing service agreement with Oil Search. Two survey campaigns were completed by Neptune’s Survey Service Line
SeaBird to Shoot Seismic for Wintershall Dea
SeaBird Exploration has secured a contract by Wintershall Dea for 2D acquisition project. The acquisition will take place in the Norwegian Sea. The survey has an expected duration of one month and will start in the third quarter this year. SeaBird did not disclose which vessel will conduct the surve
New Irish Sea Surveys Start in June
Ireland’s Department of Transport, Tourism and Sport has been advised that hydrographic and geophysical surveys will take place in the Irish Sea off the Wicklow coast between June and September 2019. The surveys will be undertaken to provide bathymetric and subsurface information to facilitate the d