Subsea
EMGS Sells Barents Sea Data
Electromagnetic Geoservices (EMGS) has entered into data licensing agreements related to 3D CSEM multi-client data in the Barents Sea in Norway. The agreements represent combined revenues of approximately USD 1.5 million. The announcement follows previous sale of Barents data announced earlier this
Report: ROV Demand to Grow as Projects Get Green Light
The results from the latest analysis by Westwood Global Energy shows that the market is starting to emerge from a cyclical downturn that has seen activity fall 36% and expenditure nearly halved. The work-class ROV (WROV) market is driven by drill-support, field construction and IRM activities offsho
Nexans Starts SEAX-1 Cable Manufacture
Nexans has started the manufacturing process of the SEAX-1 (SEA Cable Exchange-1) cable at its dedicated facility in Rognan, Norway. Nexans will manufacture and deliver 250 kilometers of subsea fiber-optic cable to Huawei Marine as prime turnkey supplier for the SEAX-1 project. The cable system will
Aquamarine to Upgrade Ocean Valiant
Aquamarine Subsea Solutions has been awarded a contract to upgrade Diamond Offshore’s 18-¾” 15M subsea stack for the Ocean Valiant semi-submersible, currently operating in the North Sea. Aquamarine will supply engineering design, fabrication, and assembly and test to upgrade the stack to accommodate
Nord Stream 2 Seeks Permit to Build Pipelines in Finnish Waters
Swiss project developer Nord Stream 2 AG has submitted to the competent permit authorities applications for two permits to construct the planned twin 1,200-kilometre Nord Stream 2 natural gas pipelines through the Baltic Sea in the Finnish Exclusive Economic Zone (EEZ). The pipeline will run 374 kil
JFD Emergency Rebreather Rated Safe Up to 450msw
JFD has confirmed that its new COBRA (Compact Bailout Rebreathing Apparatus) system has passed further trials rating it safe for use at depths up to 450 metre sea water (msw). Released earlier this year, COBRA is a new bailout solution designed to replace conventional SCUBA bailout methods, providin
Hurricane Gets Green Light for Lancaster EPS Field Development
Hurricane Energy has received development and production consent for its Lancaster field development plan, the Early Production System (EPS). Dr Robert Trice, chief executive, said: “I am delighted that we have been granted consent for the Lancaster field development plan for the EPS phase of the La
MHWirth, Electrical Subsea & Drilling in Tech – Shares Swap
MHWirth, the largest subsidiary of Akastor, has taken stake and established a market and technology partnership with the Norwegian technology company Electrical Subsea & Drilling. Electrical Subsea & Drilling (ESD) is working on the development and qualification of two drilling technologies; all ele
Oceanteam Names New CFO
Oceanteam has appointed Jos van Dijk as a group chief financial officer (CFO) effective October 01, 2017. The appointment of Van Dijk follows the leave of former CFO Torbjorn Skulstad in November 2016, and the suspension of interim CFO Wilhelm Bohn in July 2017. As a group CFO Van Dijk will have a d
VBMS Selected for Triton Knoll Cabling
VBMS a subsidiary of Boskalis has signed a ‘Preferred Supplier and Early Works Agreement’ for the supply and installation of the export and inter-array cables for the Triton Knoll offshore wind farm (OWF), UK. The project will be executed in consortium with NKT Cables. The likely contract value for
Plexus Bags Order from Centrica
Plexus Holdings has been awarded a contract with Centrica to supply its POS-GRIP “HG” 10,000 psi adjustable production wellhead for a gas production well in the UK Southern North Sea. The contract represents the first order awarded by Centrica for a production well, Plexus noted. Under the terms of
GC Rieber’s Polar Queen Gets More Time with Senvion
Norwegian shipping company GC Rieber Shipping said that Germany-based wind turbine manufacturer Senvion has decided to extend the firm period of charter for the construction support vessel (CSV) Polar Queen until December 6, 2017. In addition, Senvion has the option to extend the charter further by
Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (September 18 – September 24). TechnipFMC has been awarded an Engineering, Procurement, Construction and Installation (EPCI) contract from Hurricane Energy. The contract covers the provision of subsea
First Subsea Link Between Spain and France Set for 2025
Red Eléctrica de España and its French counterpart Réseau de Transport d’Électricité have began public consultations on the interconnector project between Spain and France in the Gulf of Biscay. The new 370 kilometers long electric link should strengthen the interconnection between Spain and France