Subsea
Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (January 22 – January 28). https://subseaworldnews.com/2018/01/24/subsea-7-lands-johan-castberg-flowlines-job/ https://subseaworldnews.com/2018/01/24/mcdermott-scores-saudi-aramco-epci-deal/ https://su
SubseaDesign Wins Statoil Contract
SubseaDesign said it has been awarded a contract by Statoil for the subsea tie-in system for the Bauge field development project. The delivery will be based on the SeAlign misalignment connector technology operated by an ROV. To remind, SubseaDesign was in 2016 awarded a contract by Statoil for the
Ørsted Begins Hornsea Project One Construction
Ørsted has started offshore construction of the Hornsea Project One wind farm, located off the Yorkshire coast, UK. The first of 174 monopiles has been installed at the site, the company informed. The installation is being carried out by GeoSea’s installation vessel, Innovation. It will carry up to
Magseis Wraps Up $39M Private Placement
Ocean bottom seismic specialist Magseis has privately raised NOK 300 million ($39 million) through the application and conditional allocation of new shares. The net proceeds from the private placement will be used to finance the company’s current growth plans and for general corporate purposes. “The
Royal Navy Seeks New Technologies for Underwater Ops
The Royal Navy, in collaboration with the Defence and Security Accelerator (DASA), is looking for new technologies from industry to improve the ability of unmanned and autonomous systems to operate underwater. The call was made through the Maritime Enterprise Innovation Scotland Conference (MEISC) h
EFCA Charters Sentinel Marine’s Vessel
Sentinel Marine has received a contract to provide a patrol vessel to be chartered by the European Fisheries Control Agency (EFCA) in international and EU waters. The contract to charter the Lundy Sentinel, the multi-role emergency response and rescue vessel (ERRV), is for an initial period of two y
Polarcus Raises NOK 300 Mln through Private Placement
Seismic contractor Polarcus has raised NOK 300 million in gross proceeds through a private placement. The Oslo-listed Polarcus earlier this week obtained support for a restructuring of its balance sheet from its key stakeholders. These stakeholders, being the company’s banks, lease providers and cer
Ocean Energy Europe Gets New Policy Director
Ocean Energy Europe has appointed Donagh Cagney as its new policy director. Cagney will focus on promoting the right policy and finance framework to take ocean energy to industrial readiness, the company said. Cagney said: “Following in the path of wind and solar, Europe’s ocean energy sector has ma
Biscay Gulf France-Spain Link Lands $717M EU Funding
EU member states have agreed on the Commission’s proposal to invest €873 million ($1.1 billion) in European energy infrastructure projects. The EU funding for the chosen projects comes from the Connecting Europe Facility (CEF), the European support programme for trans-European infrastructure. Of the
Lamprell Preps First Batch of East Anglia One Jackets
UAE-based construction specialist Lamprell has loaded out the first shipment of 8 fully-assembled jackets from its Jebel Ali facility built for East Anglia One offshore wind farm project. The vessel will set sail for its client’s facility at Vlissingen in the Netherlands shortly, Lamprell noted. In
Aker Solutions Delivers Dvalin Template to DEA Norge
Aker Solutions has delivered Dvalin subsea template to DEA Norge on time and budget. The production of the template took 15 months at the Aker Solutions yard in Egersund. Petter Øhlckers, the Dvalin project SPS manager, said: “DEA is very pleased with the work performed by Aker Solutions, ensuring t
OEG Makes ROV Module Deliveries Worth $2.5M
OEG Offshore (OEG) said it has delivered several ROV module contracts worth £1.8 million ($2.5 million) for TechnipFMC, Saipem and other subsea contractors. The TechnipFMC order involved two new high specification 20ft ROV workshops for worldwide use, the upgrade of DNV 2.7-1 A60 ROV control cabins
Saab Bags Sabertooth AUV/ROV Order
Saab has secured an order for deliveries of the Sabertooth autonomous underwater vehicle/remotely operated vehicle (AUV/ROV) to an unnamed client. Deliveries will take place during 2018, the company informed. With this contract, the customer has ordered the first vehicles in a planned fleet of Saber
Xodus Gets New Environmental Impact Assessment Manager
Xodus Group has appointed Eric Houston as its environmental impact assessment (EIA) manager. Houston joins Xodus from Intertek where he was responsible for the delivery of EIAs and marine consents, primarily in the marine cables sector. He will be based in the company’s Edinburgh office, Xodus noted