Subsea
Norway Eyes Northern Barents Petroleum Resources
The Norwegian government proposes to increase funding to geological surveying with NOK 50 million, to continue the acquisition of knowledge through mapping of the petroleum resources in the Northern parts of the Barents Sea. “Knowledge is crucial both for good resource management and to safeguard na
Ofgem Launches New Tender Round for Offshore Transmission Links
Ofgem is opening a tender for owning the electricity transmission link to the 1.2 GW Hornsea 1 wind farm project off the coast of Lincolnshire and Yorkshire. The energy regulator runs tenders to own and operate links to offshore wind farms which cuts the cost of connecting them onshore to the grid f
Unique Group Forms Strategic Alliance with CSS
Unique Group has recently entered into a formal collaboration agreement with Norway-based Connector Subsea Solutions (CSS). Through the partnership, Unique Group will deliver complete lightweight and compact remote operated tools and systems for the cleaning, inspection, and maintenance of subsea ri
UTEC Makes New Appointments for StarNet and Geomarine Units
UTEC, a part of Acteon, has appointed Jon Beatty to lead its Geomarine business unit and long-term employee Greg Hammond to head its StarNet business unit. Paul Smith, UTEC group managing director, said, “I am pleased to welcome Jon and Greg to the UTEC leadership team and I am confident that their
WBS Begins Construction of New Research Vessel
Western Baltija Shipbuilding (WBS) has officially started the construction of a new research vessel ordered by MEST Shipyard for the Faroe Marine Research Institute. WBS signed a contract with MEST Shipyard for the building and partial fitting out of the hull of the research vessel, which is 54 mete
Audacia Begins Nord Stream 2 Pipe Laying Work
The offshore pipelay vessel ‘Audacia’ has started its work on the Nord Stream 2 project on Saturday. Allseas-operated Audacia is the second vessel, together with the Castoro Dieci (C10), to lay the Nord Stream 2 pipeline in the German route section. Audacia started its installation works at the end
HYPACK Adds Swathe Services as UK Distributor
Swathe Services has become a distributor for HYPACK, following the closing of Del Norte, the UK partner company to HYPACK. Swathe Services is taking on responsibility for sales and maintenance of HYPACK software solutions, after managing director of Del Norte Laurie Smith announced his retirement, w
TGS Expects Q3 Revenues At $141M
Geophysical contractor TGS has said that based on preliminary reporting from its operating units, the company management expects net revenues for the third quarter of 2018 to be approximately USD 141 million. The Oslo-listed firm generated relatively flat result during the corresponding period in 21
Magseis Strikes OBS Nodes Deal with BGP
Magseis has inked a letter of intent with BGP Offshore, China National Petroleum Corporation (CNPC) for the sale of 17,000 MASS I ocean bottom seismic nodes and four MASS Modular handling systems. The seismic equipment will be delivered in several batches beginning in Q1 2019 through Q3 2019. The LO
Ultra Electronics – Sparton JV Bags New Sonobuoy Deal
Sparton Corporation and Ultra Electronics USSI have been awarded subcontracts valued at $21.1 million from their ERAPSCO/Sonobuoy TechSystems joint venture. ERAPSCO/Sonobuoy TechSystems will provide manufacturing subcontracts in the amount of $9.5 million to Sparton DeLeon Springs, and $11.6 million
Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (October 01 – October 07). https://subseaworldnews.com/2018/10/02/subsea-7-onesubsea-partnership-clinches-new-gom-deal/ https://subseaworldnews.com/2018/10/03/bp-and-aker-bp-form-strategic-alliance/ ht
Boskalis Bags Tyra Redevelopment Subsea Deal by Total
Royal Boskalis Westminster has secured the Tyra redevelopment subsea installation Phase II contract by Total E&P Denmark. The sizable contract includes subsea engineering, procurement, fabrication and installation for the Tyra redevelopment project in order to extend the operational lifetime of the
Interventek Nets Revolution Valve Order from PRT Offshore
Interventek Subsea Engineering has secured orders in excess of £1 million from Professional Rental Tools LLC (PRT Offshore) for its Revolution in-riser shear and seal safety valve. Under the contract Interventek will supply its 6.375” 15,000psi working pressure valves to be included in PRT Offshore’
Coda Octopus Participates in ‘Joint Ocean Innovation’ Program
Coda Octopus has been selected as one of eight Scottish companies to develop innovative subsea systems and technologies as a part of the Scottish-Japanese ‘Joint Ocean Innovation’ collaborative R&D program, with matched funding by The Nippon Foundation and Scottish Enterprise. Coda Octopus’ subsidia