Subsea
Castoro 10 Prepares for Nord Stream 2 Pipelaying
The offshore installation barge ‘Castoro 10’ (C10) has started preparatory works for Nord Stream 2 pipelaying in the Baltic Sea. The C10 assumed its starting position with the help of its eight anchors in the shallow waters of Lubmin, Germany. During operations, pipe segments are welded together on
Solstad Farstad Secures Contracts for Two Vessels
Solstad Farstad (SOFF) has secured contracts for two of its construction support vessels (CSVs) Nor Australis and Normand Pacific. The company has entered into a contract with Magseis for the CSV Nor Australis for operations in South East Asia using proprietary MASS nodes. The project includes sever
Saipem Posts Wider 1H Loss, Maintains 2018 Guidance
Italian oilfield services player Saipem has reported loss in the first half of 2018 of €323 million ($377.5 million), on revenues of €3.8 billion ($4.4 billion). This result compares to net loss of €110 million ($128.6 million) on revenues of €4.6 billion ($5.4 billion) for the first six months of 2
Sabertooth Pairs with Smartrak
Innovatum has teamed up its Smartrak magnetic sensor system to a Saab Seaeye Sabertooth autonomous robotic vehicle to hunt down and survey buried submarine pipelines, energy cables and communication cables. The Sabertooth is said to be the only autonomous vehicle able to handle the out-rigged Smartr
IWCF Initiates Course to Cut Human Error in Oil and Gas Incidents
A new training initiative to help prevent oil and gas incidents by focusing on human behaviours has been launched free to industry by the International Well Control Forum (IWCF). Experts in human factors and strategic leadership developed the online training course with IWCF, the independent, not-fo
Incus Investor Appoints Interim CEO
Oslo-listed Nordic industrial investment company Incus Investor has appointed Kjetil Flesjå as its acting CEO until a new one is recruited. Flesjå is also Incus’ chief financial officer and will hold both positions in this interim phase. During the period he will take care of the operational and dai
Incus Wins Riser Forgings Deal in Gulf of Mexico
Incus Investor has been awarded contracts to deliver machined and welded riser forgings through its subsidiary Scana Subsea. According to the company, the high tensile forgings are intended for the Gulf of Mexico. The total value is approximately 25 MSEK ($2.82 million). The scope includes forging a
Havila Shipping, Reach Subsea Ink Subsea Vessel Deal
Havila Shipping and Reach Subsea have entered into a contract for the subsea vessel Havila Harmony for a period of three years. The contract also includes two optional years, Havila informed. The contract secures work for minimum period per year and the owner and charterer will market the vessel to
Helix Back in Black
Offshore services player Helix Energy Solutions has returned to profit in the second quarter of 2018 compared with the same period last year as activities increased in all divisions. Helix reported profit of $18 million, or 12 cents per diluted share, for the second quarter of 2018, compared to net
Marine Energy Wales Gives EIA Contract to RPS
Marine Energy Wales has appointed RPS to provide environmental support for the Marine Energy Test Area (META) project in the Milford Haven Waterway. META will see the creation of a series of pre-consented, non-grid connected areas suitable for a range of component, sub assembly and marine energy dev
TurkStream Nearshore Works Begin
Nearshore works for the TurkStream offshore gas pipeline near the Turkish town of Kiyiköy have started on Sunday. The nearshore component in Turkey involves constructing seabed trenches for around 2.4 kilometers length from the shoreline into the sea in order to bury the pipes for protection against
Damen Starts Operations at Damen Shipyards Mangalia
To signify its first day of operations at Damen Shipyards Mangalia in Romania, Damen has held a ceremony at the yard on Monday. The celebrations mark Damen’s completion of the transaction with Daewoo Shipbuilding & Marine Engineering (DSME) for the Mangalia shipyard, formerly known as Daewoo Mangali
Subsea UK Conference to Dive into Latest Underwater Technology
The latest developments in underwater vehicles, marine robotics and autonomous operations will be among the topics under the spotlight at Subsea UK’s 2018 Underwater Vehicles Conference next month. The UK industry body, has today (Monday 23rd July) launched a call for speakers, urging experts from a
Seatools Delivers Remote Monitoring System to The Ocean Cleanup
On behalf of The Ocean Cleanup, subsea technology company Seatools completed the development, manufacturing, and testing of a remote offshore monitoring system. The monitoring system is currently integrated into the first-ever ocean cleanup system at The Ocean Cleanup’s assembly yard in Alameda, Cal