Hellenic Cables has secured an agreement with Semco Maritime for the supply of inter-array cables for the Mayflower Wind project, a joint venture of Shell New Energies US and EDPR Offshore North America. The offshore wind project was selected by the Commonwealth of Massachusetts to supply 804 MW of
Kraken Robotics has finalized the contract for the OceanVision project with the Ocean Supercluster and industry partners, Petroleum Research Newfoundland and Labrador, Ocean Choice International and Nunavut Fisheries Association. OceanVision is a three-year, $18.8 million, project focused on the dev
FAR Limited has received final credit aprovals for an underwritten USD 300 million senior secured reserve-based lending (RBL) facility for the Sangomar field development offshore Senegal. The approvals come after a joint Final Investment Decision for the field development signed by Woodside, as the
RC Dock Europe, part of RC Dock USA, delivered two fully automated launch and recovery systems (LARS) for Fugro’s new Autonomous Surface Vessels. Both systems are fully automated and of a “open” design making it suitable to receive ASV’s with different types of keel mounted payloads up to a weight o
Polarcus has started the acquisition of the latest phase of the Cygnus regional multi-client 3D survey in the Vulcan Sub-basin, offshore north-west Australia. The 1,500 sq km Phase 3 South survey, covering the Skua, Swift and Montara area, completes over 7,200 sq km of continuous XArray Triple Sourc
UK-based oil and gas technology development company, Deep Casing Tools (DCT), has appointed two agents in Africa. Namely, Africa Oilwell Technology, an oilfield services company, has been appointed as DCT’s partner in Angola, Cameroon, Democratic Republic of Congo, Gabon, Republic of Congo and South
InterMoor has started working on a chain inspection job offshore Brazil, in partnership with 3 other Acteon Group sister companies. The team will inspect the mooring lines of six FPSOs. The project consists in performing full inspection on all mooring lines, an equivalent of 28km of chain/polyester.
Norwegian Ulstein Verft has contracted Hydroniq Coolers to deliver the seawater cooling system for a cable lay vessel the shipyard is constructing for Nexans Subsea Operations. The CLV Nexans Aurora will play a vital role in installation of Nexans’ HV submarine cables that will connect offshore wind
TechnipFMC has reaffirmed that its planned transaction to separate into two companies, TechnipFMC and Technip Energies, is well on track for completion in the first half of 2020. To remind, the industry giant said last year it plans to separate into two independent, publicly traded companies – Remai
EDS HV Group (EDS), part of the James Fisher and Sons, has completed electrical safety commissioning and consultancy work at Formosa 1 (Phase 2) offshore wind farm. EDS will be providing skills to local people enabling them to safely and efficiently run their own HV network. EDS’s safety rules were
Subsea World News has put together a recap of the most interesting articles from the previous week (January 13 – January 19). https://subseaworldnews.com/2020/01/13/foresight-williams-backs-rovco/ https://subseaworldnews.com/2020/01/15/seven-viking-owners-boost-environmental-footprint/ https://subse
Schlumberger has booked some $10.1 billion loss for 2019, despite relatively flat revenues, recognizing material pretax charges driven by market conditions, particularly in North America. “In contrast, after two years of strong growth, North American revenue fell sharply, driven largely by the land
Axxis Geo Solutions (AGS) has started the 3D ocean bottom node (OBN) seismic acquisition under the previously announced contract in the Middle East. The work will be undertaken through most of the first quarter 2020. The revenue stream from this contract, as well as progress made with short term cre
L3Harris Technologies has been selected to provide an unmanned undersea vehicle for expeditionary undersea missions for U.S. military forces by the U.S. Navy and the Defense Innovation Unit (DIU). DIU has awarded an Other Transaction Agreement (OTA) to L3Harris for the U.S. Navy’s next generation sm
