Subsea
Aker Solutions Lines Up 650 Layoffs
Norwegian oil services company, Aker Solutions, is said to be reducing its workforce capacity mainly in Norway, UK and India. According to reports, about 650 positions may be affected due to continued market slowdown and as part of company’s global reorganization. It is understood that some 100 posi
Kvaerner Adds New Member to Its Team
Kvaerner has appointed Sturla Magnus as the new executive vice president (EVP) for Structural Solutions and responsible for Kvaerner’s yard at Verdal. He will start in his new position on April 01, 2017 at the latest. Previous EVP of Structural Solutions, Sverre Myklebust, stepped down at the end of
Ithaca to Launch Harrier Satellite Work, Stella Start Set for February
Ithaca Energy is pushing forward with its strategy of building out the Greater Stella Area production hub as it expects production from its Stella field to start in February this year and investment in the Harrier field development programme to also begin during 2017. Preparation for start-up of the
Navantia-Windar to Build Nissum Bredning OWF Jackets
Navantia-Windar joint venture has been awarded a contract by Siemens Wind Power to supply jacket foundations for the Nissum Bredning (NBV) offshore wind farm. The contract covers the supply of 3-legged jacket foundations and their corresponding piles for four SWT-7.0-154 offshore wind turbines. Thes
Renewables Push Briggs Marine’s Revenue
Briggs Marine’s accounts for the year ending March 2016 at Companies House, has shown an annual increase in turnover to £66 million . The company, which supplies a range of services throughout the marine industry, has increased its turnover by £4 million from the previous year, as a result of increa
PSA Inspects Statoil’s Flexible Pipelines
Petroleum Safety Authority (PSA) Norway has carried out an audit of Statoil at their offices in Stjørdal and the research centre in Trondheim. The objective of the audit was to check that Statoil is fully following up the challenges associated with flexible pipelines and working to understand the di
ACE Winches Reel Drive for Oceaneering’s Prelude Job
ACE Winches, has secured a spooling contract with Oceaneering for Shell’s Prelude Floating Liquefied Natural Gas (FLNG) project. The contract will be the first time ACE Winches’ newly-developed 500te reel drive system is used. The tool is an upgrade of its existing 400te system that has been enginee
Atlantis Sets Up New Division
Tidal energy developer, Atlantis Resources, is establishing a new internal division which will leverage the existing skill set the company said it has accumulated during the progression of its MeyGen tidal power project. Atlantis Energy, as the new division will be known, will initially focus on opp
Oceanteam Strikes Deal with Bond Holders
Norwegian-Dutch offshore service provider, Oceanteam, said it has reached an understanding with its bond holders on the main terms of the bond loan. Namely, the company has been in constructive talks with its banks and its bond holders since its financial restructuring announcement in October 2016.
Seatools Delivers Fish Farm Cleaning Solution for De Maas SMC
On behalf of De Maas SMC, Dutch subsea technology company Seatools completed a feasibility and conceptual design study on a Remotely Operated Mort Collector (ROMoC). The study resulted in an automated mort collection system capable of effectively collecting dead fish in large-scale offshore fish far
Companies Team Up to Inspect Anchors at Bimep Site
Technicians of Demoliciones Submarinas, IHCantabria and UnderOceans worked together on the inspection of the anchorage systems of various experimental and beacon buoys in the Bimep test site. This site, located in Armintza (Vizcaya) and owned by the Basque Government, is an infrastructure designed t
Vikoma Appoints Projects Director
Oil spill response specialist, Vikoma, has welcomed Richard Hill back to its sales team as projects director. Hill started his oil spill career as an apprentice at Vikoma and progressed through the commissioning team to become a regional sales manager, before developing his experience elsewhere in t
Rodger & Hartnolls Gets New Managing Director
Rodger & Hartnolls, a business development consultancy providing sales and business development focused services in the offshore, subsea, renewables and technology markets has appointed Nick Search as partner and managing director effective January 3, 2017. Nick Search, based in our South London off
Nord Stream Ups 2016 Utilization
Nord Stream pipeline has seen an increase in the annual capacity utilization provided in 2016. In 2016, the Nord Stream pipeline operated at 80 per cent of its annual capacity of 55 billion cubic meters (bcm). 43.8 bcm of natural gas were delivered to consumers in the European Union. This represents