Subsea
Report: Vessel Contractors Line Up for Subsea Market Recovery
The announcement on the 28th February of EMAS Chiyoda’s bankruptcy is the latest in a long line of vessel contractors to fall victim to the downturn since January 2015. Multiple companies such as Cal Dive, Ceona, Cecon, Harkand and Swiber have entered into administration, taking a significant number
TechnipFMC and Subsea 7 Win Pil & Bue Work
VNG Norge has awarded front end engineering and design (FEED) contracts for the subsea structures, umbilicals, risers & flowlines, and subsea production systems for the Pil & Bue developments. The contract for the subsea structures, umbilicals, risers & flowlines (SURF) was awarded to Subsea 7 and T
Aker Solutions in Pil & Bue FEED
Aker Solutions has secured a front-end engineering and design (FEED) contract from VNG Norge for the Pil & Bue development in the Norwegian Sea. The FEED is for the subsea production system that will be used in a tieback of Pil & Bue to the Njord A platform. It will compete against a design from [&h
DeepOcean in Foinaven Subsea Project for BP
DeepOcean has received a call-off under its new master service agreement (MSA) with BP. The call-off covers the installation of a new flexible water injection riser and the recovery of the existing water injection riser in the Foinaven field, West of Shetland, in a water depth of 460 metres. The wor
Kongsberg Finalizes Training Courses on New Research Vessels
Kongsberg Maritime has recently completed two training courses for the new research vessels. The first course was at the University of Stockholm, which is currently testing its new research vessel, Electra. The new ice-breaking vessel, 24.3 meters long and 7 meters wide, is equipped with technical i
Polarcus Names New Board Member
Polarcus has elected Nicholas Smith as a new board member at the company’s extraordinary general meeting, held on March 6, 2017 Smith’s term of office expires at the company’s 2017 annual general meeting at which he should be nominated for re-election for a term of two years. Smith is a Chartered Ac
Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (February 27– March 05). Oslo-listed Subsea 7 has substantially narrowed its loss, compared to the prior-year quarter, and bounced back in black on an annual basis, after implementation of cost reducti
Normand Pacific Set to Carry Out Western Link Route Survey
Post lay survey works for the installed cable sections on the Western HVDC Link route are due to be start in early March 2017, AWJ Marine informs. Survey work in Liverpool Bay, the Irish Sea, the North Channel and the mouth of the Firth of Clyde is due to be conducted by the vessel Normand […
Geo and NCT Offshore Team Up with New Drillship
Danish engineering consultancy Geo and NCT Offshore have launched the drillship Freja as part of a new strategic collaboration. Freja is an S-Class ROV support DP2 vessel, and according to Geo is the only drillship of its calibre and type in the Nordic countries after the rebuild. The drilling setup
Bauer Renewables in Relief Drilling Campaign for Beatrice Piles
Seaway Heavy Lifting (SHL) has awarded Bauer Renewables Ltd. (BRL) a subcontract to design, build, test and operate – the Bauer Dive Drill C40 – to execute relief drilling services for the foundation piles at the Beatrice offshore wind farm. SHL will install 84 jackets for the foundation of the Beat
TGS Gets $10 Million Tax Penalty
Økokrim, the Norwegian National Authority for Investigation and Prosecution of Economic and Environmental Crime, has issued a corporate fine of NOK 85 million (some USD 10 million) against geophysical contractor TGS. According to TGS, the fine is based on alleged violations of the Tax Assessment Act
AGR Bags New Wintershall Contract
Wintershall Norway has awarded AGR a contract for a feasibility study in the Barents Sea. The contract will see AGR monitor and identify the optimum design, drilling and testing techniques required to carry out efficient exploration activity. The study will also include the evaluation of emergency p
Seaproof Solutions’ Cable Protection for TWB-II Wind Farm
Seaproof Solutions has received a contract to supply its ‘Long cable protection systems (CPS)’ for the Trianel Windpark Borkum Phase II (TWB-II) offshore wind farm. The contract was awarded by Siem Offshore Contractors and covers the design and supply of cable protection systems for the inner array
Prysmian Sets Up Wikinger Inter-Array Cables
Italian subsea cable specialist Prysmian said it has completed the laying phase for the Wikinger offshore wind farm ahead of schedule. Termination and testing works are currently in progress. “This milestone, which is quite uncommon in the offshore wind market, highlights the Group’s capabilities in