Subsea
Cognizant Becomes Aker’s Services Partner
Cognizant has become the digital systems, technology and operations services partner for multiple portfolio companies of Norway-based Aker. As part of the multi-year relationship, Cognizant will help several of Aker’s companies lay the foundation for digital transformation of their businesses, the c
Imenco Launches New Division
Imenco has launched a new division, Imenco Corrosion Technology, to promote its anode systems in the offshore renewable energy sector and the oil and gas industry. Imenco Corrosion Technology will provide a range of products including clamps to fit on to a wide range of construction detail like plat
DTU to Work on New Mine Detection Drone
Researchers at Technical University of Denmark – DTU intend to develop a drone with magnetometers capable of mapping mines in former war zones, which could make demining more efficient and less dangerous. The project has received DKK 11 million from Innovation Fund Denmark. “The plan is for our dron
Rovco Secures Funding for Underwater 3D Modelling Technology
Rovco, an ROV services company, has secured Innovate UK funding which will enable it to carry out research and development activity and perform a full feasibility study into the advancement of underwater 3D modelling technology. The project will be 70% supported by Innovate UK and the remaining 30%
WATCH: VBMS Wraps Up Rampion OWF Export Cables Installation
VBMS completed the installation of two 16 kilometer-long 150kV HVAC cables for the Rampion offshore wind farm last week. To overcome some environmental challenges in the shallow water, VBMS had to extend the pre-installed landfall HDD’s with duct extensions of approximately 480 meters each. VBMS uti
Forland Gives More Time to EMAS AMC
Forland Subsea said it has reached a temporary agreement with EMAS AMC AS over charter payment for the LCV/IMR subsea vessel Lewek Inspector. To remind, EMAS AMC AS has defaulted on its payment for the month of October 2016 due to financial distress. Since EMAS informed Forland that it is ‘unable to
KBR Strikes BP Deal
KBR has been awarded contracts by BP for the provision of conceptual engineering services and for the provision of pre-front end engineering design (FEED) and FEED engineering services. Each agreement has a duration of three years with an option on each to extend for two additional years. The global
Eel Energy Secures Funds for Its Tidal Energy Device
Eel Energy has secured 3.7 million euros for the development of its 1MW prototype tidal energy system from the French PIA – Future Investment Program, operated by Bpifrance. The granting of the financing comes after a capital increase of nearly 3 million euros secured by the company last June, Eel E
Aisus Strengthens Market Position with New Contracts
Aberdeen-based Aisus Offshore has strengthened its global footprint following the award of 15 contracts and work scopes over the past three months. Most recently, Aisus completed four J-Tube inspections on a platform located in the Mediterranean Sea. Aisus has also completed internal caisson inspect
Osbit Sees Rise in Revenue
The Northumberland-based offshore engineering and technology company, Osbit, has reported an increase in turnover by a third during its 2015/16 financial year after boosting its export activity despite challenging market conditions. For the 12 months ending September 30, 2016, the company achieved t
Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (December 12– December 18). US oil major Chevron has canceled floating production, storage and offloading (FPSO) vessel order for the Rosebank oil and gas project. Hyundai Heavy Industries (HHI), who i
EMAS AMC Fails “Lewek Inspector” Charter Obligations
Forland Subsea informed that EMAS AMC AS has defaulted on charter payment for the LCV/IMR subsea vessel “Lewek Inspector” due to financial distress. According to Forland, the company is behind on the payment for the month of October 2016, due November 30, 2016 and is ‘unable to settle the outstandin
Aibel Scoops Snorre A FEED Study
Aibel has been awarded FEED study for modifications on Snorre A in connection with Snorre Expansion. The contract also has an option for the actual implementation phase. The Snorre field is to be developed further with a subsea solution to increase recovery. The production is to be hooked up to Snor
SEA-ME-WE 5 Subsea Cable Construction Complete
Construction of the South East Asia-Middle East-Western Europe 5 (SEA-ME-WE 5) submarine cable has been completed, SEA-ME-WE 5 consortium informed. The cable connects Malaysia, Singapore, Indonesia, Myanmar, Bangladesh, Sri Lanka, Pakistan, Oman, the United Arab Emirates, Djibouti, Saudi Arabia, Egy