Subsea
EMAS AMC Asks for Short Standstill of “Lewek Connector” Charter
EMAS AMC AS, a subsidiary of EMAS Chiyoda Subsea, has requested Ocean Yield to enter into a short-term standstill agreement relating to the bareboat charter of the vessel Lewek Connector for the months of December 2016 and January 2017. The ultra deepwater multipurpose, flex-lay subsea construction
NSN Link Gets USD 519 Mln Financing
SACE and SIMEST (CassaDepositi e Prestiti Group), and BNP Paribas Corporate & Institutional Banking (CIB) have finalized the export financing of USD 519 million for National Grid North America in support of the works and supply orders awarded to Prysmian as part of the North Sea Link (NSN Link) proj
Nord Stream 2 Hits Sweden Setback
The Nord Stream 2 project has reached an obstacle in Sweden after its government reportedly disapproved of plans to lease harbours in Slite and in Karlshamn. The construction of this new twin pipeline system requires logistical support from harbours on the Baltic coast, including the above mentioned
ALE Wraps Up Wikinger OWF Work
ALE, strategic heavy-lift services provider, has performed the final load-out for the Wikinger offshore wind farm project in Ferrol, Spain. ALE was contracted to undertake a variety of services for the Wikinger project across two project sites, Cadiz and Ferrol in Spain. The scope in Ferrol was divi
EMGS in New Multi-Client Data Sale
Electromagnetic Geoservices ASA (EMGS) has entered into new data licensing agreements providing it with a net revenue of approximately USD 2 million. USD 1.8 million of these revenues will be recognised in the fourth quarter of 2016, while the remaining USD 0.2 million is prefunding of planned multi
Saipem 7000 to Scrap BP’s Miller Platform
Saipem has been awarded a new contract in the UK sector of the North Sea, for the decommissioning of the topsides and jacket of BP’s Miller Platform. The engineering, procurement, removal and disposal (EPRD) contract will see the Italian oilfield services player utilise its semisubmersible crane and
Van Oord to Construct Norther OWF
Van Oord has signed a contract with Norther for the Balance of Plant works for the Norther offshore wind farm, located 23 km off the Zeebrugge coast in Belgium. With a maximal capacity of 370 MW, Norther is set to become Belgium’s largest offshore wind project. After completion it will deliver renew
VBMS Secures Kriegers Flak CGS Cabling Gig
VBMS has been awarded a contract by nkt cables for the installation of approximately 50 km of 150 kV AC high voltage submarine cables for the Kriegers Flak Combined Grid Solution (Kriegers Flak CGS). The project, owned by Energinet.dk and 50Hertz, will connect the future Danish offshore wind farm Kr
Bibby Offshore Awards Equipment Contract to Seatronics
Seatronics, an Acteon company, has been selected by Bibby Offshore as its preferred supplier of subsea rental equipment. The agreement is structured on the provision of marine electronic equipment to Bibby Offshore including ROV, NDT and survey equipment from Seatronics’ rental pool. Bibby Offshore
QSTAR Sets Up Barcelona Facility
Las Palmas-based QSTAR has established a subsidiary in Barcelona Port Forum from where the company will promote marine services and training in the national market and to other places of influence in Europe and Mediterranean. These new facilities have an ROV pilot training center, being the second t
Shell Invests in Rocsole Pipe Deposition Monitoring Tech
Rocsole, a Finnish company which specialises in real-time tomography, has successfully completed an additional funding round which was led by Shell Technology Ventures (STV). The Finnish company, with offices in Kuopio, Finland and Houston, Texas, provides electrical and ultrasound tomographic indus
Cygnus Field Delivers First Gas
Engie E&P UK and partners Centrica and Bayerngas have seen first gas from the Cygnus development exported to the Bacton gas terminal in North Norfolk. Cygnus, located in licence areas P1055 & P1731, 150 kilometres off the coast of Lincolnshire, is expected to contribute 5% of UK gas production – sup
WGP to Shoot Seismic for ConocoPhillips on Eldfisk Field
Thalassa Holdings’ wholly owned subsidiary WGP Group has secured a contract from ConocoPhillips Skandinavia to acquire seismic data on the Eldfisk field in the North Sea in 2017. The survey is expected to last approximately two months. According to the company, the survey is planned to start during
Bourbon Names New CFO
French vessel owner and offshore services provider, Bourbon, has appointed Astrid de Bréon as chief financial officer of the group. She will assume her function on February 1, 2017 and will resign from her seat on the board of directors at that time. “Thanks to the benefits of the digital revolution