Subsea
Marine-i Backs ARC Marine Artificial Reef Project
ARC Marine, who have invented a pioneering system for building artificial reefs, have received a Rapid Innovation Grant from Marine-i to enable them to progress to the next stage of their project. Part funded by the European Regional Development Fund, Marine-i is designed to help the marine tech sec
TGS Ups Quarterly Profit and Dividend
Geophysical contractor TGS has posted higher profit in the first quarter of 2019 when compared to same period in 2018, despite revenue drop. The Oslo-listed firm posted earnings per share of 17 cents, up 34% from 13 cents per share in Q1 2018. TGS generated net revenues of close to $110 million in Q
Aibel-Keppel FELS Consortium Lands DolWin5 Contract
Aibel/Keppel FELS consortium has secured a contract from TenneT for the supply of the HVDC platform and onshore converter station of the offshore grid connection project DolWin5. ABB will supply the complete HVDC electrical power system. Aibel’s scope within the consortium is the engineering and pro
ASN Kicks Off EllaLink Marine Route Survey
Alcatel Submarine Networks (ASN) has finalized the cable route study and mobilized the marine survey vessel for the EllaLink submarine cable system. The survey will be performed over the coming months and permit acquisition continues in line with EllaLink’s plans to be Ready for Service by the end o
Enpro Subsea Aims High
Production optimisation specialist Enpro Subsea said it plans to double its global sales by 2021. The business, which has supplied more than 50 of its subsea Flow Access Modules (FAM) since the product was launched 2016, aims to increase sales by a further 100% over the next two years. Enpro said it
Trelleborg Bags WindFloat Atlantic Cable Protection Deal from JDR
Trelleborg has secured a contract from JDR Cable Systems to design, manufacture and deliver dynamic cable protection products for the Windfloat Atlantic project. Set for installation off the coast of Portugal in 2019, Trelleborg will provide Distributed Buoyancy Modules (DBM), bend stiffeners and Ur
MacGregor Launches First Fibre-Rope Offshore Crane
MacGregor, part of Cargotec, has completed the construction of FibreTrac, the first fibre-rope offshore crane to enter the market. Designed to comply with DNV GL regulations, the FibreTrac crane has a 150-tonne safe working load (SWL) capacity and features an advanced rope monitoring and management
Nexans Umbilical for Vigdis Subsea Boosting Station
Nexans has been selected to provide power umbilical for a new all-electric actuated multiphase subsea boosting station set to maximize oil recovery from the Equinor’s Vigdis field in the North Sea. Vigdis produces oil through the Snorre field, and OneSubsea, a Schlumberger company, has been awarded
Optime Hyperbaric Chambers for NUI
NUI, the Bergen-based Norwegian independent hyperbaric research and test facility, has agreed to purchase two very large hyperbaric pressure chamber systems, with a working pressure of 700 bar and 1 000 bar from Optime Subsea. The hyperbaric chambers delivered by Optime Subsea comes with an inner di
Aker Solutions Eyes More Efficient Projects and Ops with ix3
Aker Solutions has launched ix3 – a software and digital services company that enables operators to accelerate field development projects and optimize asset performance. ix3 has created a digital twin platform called Integral that brings together engineering, manufacturing and test data with live-st
Allianse Innovasjon Joins GCE
Norwegian technology startup Allianse Innovasjon has become member of the GCE Ocean Technology Cluster. Allianse Innovasjon (AI) has partnered with several companies to provide a more whole approach to solving technology challenges in the ocean sphere. “For us it was natural progression to apply for
STR and Forssea Form Exclusive Partnership
Subsea Technology & Rentals (STR) and Forssea Robotics have formed a global exclusive partnership. As part of this partnership, STR has invested in Forssea Robotics Visual LOCalisation (V-LOC) Positioning technology, which will be available globally for operations. The V-LOC positioning system is a
Reach Subsea Wins More Work
Norwegian contractor Reach Subsea said it has recently been awarded subsea IMR and survey and inspection contracts for the 2019 summer season. According to the company, the combined firm value is approximately NOK 40 million ($4.6 million). The awarded contracts are a mixture of two call-offs under
Nord Stream 2 Advances with Pipelay Ops in Russian Waters
Allseas pipelay vessel Solitaire recently started laying the first line of the Nord Stream 2 twin gas pipeline in Russian waters. Solitaire will spend about a month constructing one of the two approximately 100-kilometres-long sections in the Russian territorial sea. Solitaire is a 300-metres-long a