Subsea
Statoil Gets Nod to Use Sigyn Subsea Facilities
Statoil has received consent from Petroleum Safety Authority (PSA) Norway to use the Sigyn subsea facilities. The Sigyn field is in production licence 072, for which Statoil Petroleum AS is the operator. The field contains gas, condensate and light oil. Production on the field began in 2002. Sigyn h
Airborne Oil & Gas Delivers Shell TCP Flowline Qualification Project
The Netherlands-based thermoplastic composite pipe technology specialist Airborne Oil & Gas said it has completed a qualification program for a TCP Flowline according to the Shell Design and Engineering Practice (DEP) for flexible composite pipe systems. In February this year, Shell awarded a qualif
Volstad Strikes Refinancing Deal
Norwegian vessel owner Volstad Maritime said it has established a fully-funded refinancing plan for the company and certain of its subsidiaries that in principle is supported by the Group’s secured bank lenders. The company and its key stakeholders have for some time been working on refinancing of t
MainOne Wraps Up Submarine Cable Repair
MainOne said it has repaired its submarine cable system that experienced a fault at a water depth of some 3400 meter in the international waters outside Senegal. The cable laying vessel, Pierre De Fermat, was commissioned to conduct the repair. The vessel traveled to Portland, UK, where it picked up
MacGregor to Provide Equipment for New Research Vessel
MacGregor, part of Cargotec, has signed a contract to supply oceanographic winches and Triplex deck handling systems to a new research vessel being built by the Fassmer shipyard in Berne, Germany. MacGregor equipment deliveries are planned for completion by the end of the first quarter of 2019. The
Bluestream Scores ONEgas Subsea Inspection Contract
Bluestream Offshore has secured a five year contract plus two-year extension with ONEgas, the combined business unit of Shell UK and the Nederlandse Aardolie Maatschappij (NAM) for the gas production on the Southern North Sea. The contract is a so-called ‘ROV subsea structural inspection services co
EMGS Sees Q2 Utilization at 85 Pct
Norwegian geophysical services company EMGS has reported vessel utilization for the second quarter 2017 of 85% compared with 76% for the second quarter in 2016. In the second quarter of 2017, the company had one vessel in operation. This vessel was allocated 85% to multi-client projects and no time
Marine Harvest Charters DESS Aquaculture’s Two New Wellboats
DESS Aquaculture Shipping and Marine Harvest Norge have entered into agreements for long term charter of two new wellboats. Both vessels will be delivered as newbuildings in 2019 and will immediately upon delivery start five year charter contracts with Marine Harvest. DESS Aquaculture have awarded t
Ramboll Gets New Barents Pipeline FEED Study
Ramboll will be carrying a FEED study for the pipelines connecting the Askeladd field to the Snøhvit field in the Barents Sea. The Snøhvit development consists of two fields that are already producing: the Snøhvit and Albatross. The Askeladd field is the third discovery part of the Snøhvit developme
Angel EQT Partners with Britannia’s Gold
Angel EQT has launched a partnership investment venture with Britannia’s Gold Ltd, (BGL) which is on a quest to recover cargoes of Britain’s gold and precious metals lost at sea during World Wars I and II. Britannia’s Gold will utilise funding provided by Angel EQT investors to finance the survey an
Minesto Terminates GBS Foundation Supply Deal; Seeks New Supplier
Minesto has decided to engage a new supplier for the construction of a gravity-based structure (GBS) foundation for the company’s first Deep Green installation in Holyhead Deep, as a consequence of the discontinuation by current supplier Ocean Resource. “We have taken immediate actions to ensure the
Elia Bags €100M EIB Loan
The European Investment Bank (EIB) and Elia, the operator of the Belgian high-voltage grid, have concluded a loan agreement for 100 million euros with a tenor of 7 years. This loan will be used primarily for financing the Stevin project; this includes bringing ashore the wind energy produced at sea
iSURVEY Adds New Members to Its Team
iSURVEY has expanded its global team with the addition of two new business development managers, based in the UK and Norway. Joining iSURVEY Offshore in Aberdeen is Grant Aitchison, who has spent the last 20 years in a variety of technical and management roles at Fugro’s survey and subsea services d
Statoil Brings Gina Krog on Stream
Statoil has started production on the Gina Krog oil and gas field in the North Sea on Friday. Statoil and the partners invest a total of around NOK 31 billion in the development of the Gina Krog field. “We are proud to have delivered Gina Krog with a good HSE record and in line with […]