Subsea
LMG Marin Vessel Design for Norwegian Institute of Marine Research
LMG Marin has secured a contract to design a new coastal research vessel for the Norwegian Institute of Marine Research. The design contract was recently signed with the Institute of Marine Research (Havforskningsinstituttet) on board their recent newbuild “Kronprins Haakon”. “We are very pleased to
COES Strengthens Presence in Scotland
China Ocean Engineering Shanghai (COES), a state-owned marine and offshore engineering services group, has opened the office of its first UK subsidiary – COES Caledonia (UK) Limited, located in Dundee. The move aims to broaden the company’s international reach and support the growing offshore decomm
Neptune Energy Advances Toward Cara Subsea Tieback FID
Neptune Energy and its licence partners have submitted the ‘Decision to Continue’ report for the Cara project to the Norwegian Ministry of Petroleum and Energy. The licence partnership will now progress its technical and economic plan before making a final investment decision early in 2019. Based on
Boskalis Firms Up Moray OWF East Inter-Array Cables
Royal Boskalis Westminster (Boskalis) has acquired the contract for the supply and installation of the inter-array cables for the Moray Offshore Windfarm East (MOWE). In June 2017, Boskalis signed a ‘preferred bidder agreement‘ with MOWE which has now been converted into a binding contract following
Pale Blue Dot Energy Gets Green Light for Acorn Carbon Capture and Storage Project
The Oil and Gas Authority UK has awarded its first carbon dioxide (CO2) appraisal and storage licence as an independent regulator. The award has been made to Pale Blue Dot Energy for the Acorn Carbon Capture and Storage (CCS) Project. The project seeks to re-use existing oil and gas infrastructure f
Golden Energy Swoops for Ship Management Firm
Golden Energy Offshore Services has entered into a term sheet with Golden Energy Offshore Management Holdings for the possible acquisition of Golden Energy Offshore Management. Pursuant to the term sheet, the company will, subject to a successful acquisition of the four vessels previously announced,
Scotland and Japan Eye New Alliances in Evolving Subsea Sector
Industry body Subsea UK and NSRI, in partnership with Scottish Enterprise has announced the latest call for companies to drive forward R&D between Scotland and Japan, as part of a partnership between Scottish Enterprise and the Nippon Foundation. The second call for projects follows the success of t
Norwegian Diving Company Puts Falcon to Work
Norway’s Agder Dykk, is extending its scope of operations in the region with a new Saab Seaeye Falcon underwater robotic vehicle. An early task for Agder Dykk’s Falcon is a survey of Norway’s harbours to provide data for the authorities on the status of sediment built up over decades of environmenta
Maersk Supply Service Selects New CFO
Maersk Supply Service has said that Karl Thorngren will take on the role of chief financial officer (CFO) on April 29, 2019. Thorngren, currently CFO of Svitzer Australia, has held leadership positions within the field of corporate finance for 15 years, and has worked within the maritime industry si
Equinor Boosts Vigdis Production
Equinor and its partners have decided to invest some NOK 1.4 billion in Vigdis boosting station, expected to come online in the first quarter of 2021. The subsea field Vigdis has been producing oil through the Snorre field for more than 20 years. Field production will now be boosted by almost 11 mil
SIMEC Atlantis Tidal Development Project Gets €1M Push
SIMEC Atlantis has signed a grant agreement with EASME for €1 million in grant funding to support its tidal turbine technology and its MeyGen project supply chain partner Asturfeito. On October 30th 2018, Atlantis announced its plans to enhance the existing 6MW MeyGen project. This grant should supp
Equinor Awards Wired Drill Pipe Contracts to NOV and Schlumberger
Equinor is stepping up its use of wired drill pipe to acquire subsurface real-time data during drilling operations, in line with the corporate digitization strategy and to prepare for automated drilling. NOV and Schlumberger have been awarded corporate frame agreements for global deliveries of wired
Seatools Rolls Out New Precision Flow Excavation Spread
Subsea technology company Seatools has introduced Carrera E 3D motion-controlled precision flow excavation spread. The 630+ kW, all-electric deep-water excavator features Seatools’ ROV DP technology and, according to the company, it sets the stage for unprecedented levels of accuracy, production, an
AKOFS Seafarer Gets Siemens BlueVault Energy Storage Solution
AKOFS Offshore’s AKOFS Seafarer well intervention vessel has been upgraded with Siemens BlueVault Energy Storage Solution. AKOFS Seafarer is the first existing well intervention vessel to be upgraded with a battery solution, the company said. The delivery will include Siemens BlueVault Energy Stora