Subsea
Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (April 15 – April 21). This content is available after accepting the cookies. Change cookie-settings View on Subseaworldnews. Nord Stream 2 Submits New Application In Denmark This content is available
Saipem Settles South Stream Pipeline Dispute
South Stream Transport and Saipem have settled the arbitration concerning the South Stream offshore pipeline installation contract entered into on March 14, 2014. According to Saipem, the companies have positively ended their negotiations signing an agreement to amicably settle the arbitration. In M
ACG Partners Greenlight $6B Caspian Sea Development
The Steering Committee for the development of the Azeri and Chirag fields and the Deep Water portion of the Gunashli (ACG) field has sanctioned the Azeri Central East (ACE) project, the next stage of development of the giant ACG field in the Azerbaijan sector of the Caspian Sea. The $6 billion devel
Leask Marine Wraps Up Subsea Campaigns
Leask Marine has recently carried out subsea work scopes in two offshore industry sectors. Namely, its dive team completed an in-water survey for ABS for Prosafe’s Safe Caledonia Rig in preparation for its departure from Scapa Flow to perform an underwater inspection in lieu of dry-docking (UWILD) i
Seatec Scoops Up New Equipment Orders
The Nederlands-based technical solutions provider Seatec said it has received two new orders. The first award is for design and delivery of a deep-water pump system that can operate up to 3000 msw and have a lifting capacity of 300 tons. The unit will consist of the following main parts: ROV control
Saipem Swings to Profit
Italian oilfield services player Saipem has reported first-quarter 2019 profit of €21 million ($23.6 million), on revenues of €2.15 billion ($2.4 billion). This result compares to net loss of €2 million on revenues of €1.9 billion ($2.13 billion) for prior-year comparable period. Adjusted result was
Vattenfall Taps Seaway 7 for Hollandse Kust Zuid Job
Seaway 7 has been selected by Vattenfall as one of its partners for the Hollandse Kust Zuid 1 & 2 offshore wind farm project. Seaway 7’s envisaged scope of work includes the transport and installation of 76 monopile foundations and the laying of the inter-array cables and will be led from Seaway 7’s
Subsea 7’s Seven Pegasus Completes Dry Dock; Heads to UK
Subsea 7’s newly added multi-purpose offshore construction and dive support vessel, Seven Pegasus, has completed its dry dock in Rijeka, Croatia. The vessel has now started its journey to the UK where it will begin operations in Q2, Subsea 7 informed through social media. Subsea 7 added Seven Pegasu
Carbon Trust Unveils Cable Competition Winners
The Carbon Trust has unveiled five winners of its dynamic export cable competition as a part of the Floating Wind Joint Industry Project (Floating Wind JIP), which aims to accelerate and support the development of commercial-scale floating wind farms. The competition winners are Aker Solutions, Furu
RS Aqua Expands Portfolio with SeaDrone Mini ROVs
RS Aqua has partnered with SeaDrone to bring, as they call it, the world’s most cost effective high-performance micro ROV to the UK and Ireland. SeaDrone has designed, developed and manufactured the SeaDrone Inspector range since 2015. 2018 saw the launch of the SeaDrone inspector 3. SeaDrone’s Insp
Ocean Infinity Adds Chief Commercial Officer
Ocean Infinity has appointed Paul Helmore as chief commercial officer (CCO). Paul joins Ocean Infinity from Schlumberger, where most recently he was director Global Accounts, responsible for overseeing relationships with customers. Paul will oversee all aspects of the group’s commercial activities,
BSOG Gets Green Light for Ana and Doina Fields
Black Sea Oil & Gas (BSOG), together with its partners Petro Ventures and Gas Plus, has received the approval from the Romanian Government through the National Agency for Mineral Resources (NAMR) for the development of the Ana and Doina natural gas fields which make up the Midia Gas Development Proj
50Hertz Connects Arkona and Wikinger to Its Transmission Grid
Transmission system operator, 50Hertz, has connected the offshore wind farms Wikinger and Arkona off the island of Rügen to its transmission grid just in time for their commissioning. The Wikinger offshore wind farm is operated by Iberdrola while Arkona is operated by E.ON and Equinor. After three y
VERIPOS Bags UTEC GNSS Positioning Solutions Deal
VERIPOS, part of Hexagon’s Positioning Intelligence Division, has secured a multi-year contract extension to supply GNSS services to UTEC, a global surveying company in subsea services group Acteon. Under the terms of the agreement, VERIPOS will upgrade existing GNSS hardware with their latest multi