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Subsea

Swire Seabed Secures Work for Its New Subsea Vessel
Subsea

Swire Seabed Secures Work for Its New Subsea Vessel

Swire Seabed, a wholly owned subsidiary of Swire Pacific Offshore, has landed a six-year contract for the subsea support and construction vessel, Seabed Constructor, with UK-based Ocean Infinity. The vessel will be carrying out AUV based survey and construction support operations on a global basis.

about 10 years ago
Polarcus Lowers Guidance as Project Delays Weigh
Subsea

Polarcus Lowers Guidance as Project Delays Weigh

Seismic player Polarcus said on Wednesday it expects lower level of multi-client prefunding for the full year 2016, caused by slower production rate in Brazil and other unexpected project delays. Namely, the Oslo-listed company estimates a prefunding drop from previously guided 150 percent to about

about 10 years ago
SMP Builds Wet Bell LARS for Bergen University
Subsea

SMP Builds Wet Bell LARS for Bergen University

Submarine Manufacturing and Products (SMP) has secured a contract with Norwegian company Alf Lea to supply a complete wet bell system to Bergen University. Alf Lea approached SMP to design and manufacture a wet bell launch and recovery system (LARS) with supporting 20ft DNV containerized machinery a

about 10 years ago
N-Sea, University of Strathclyde Team Up on Pipeline Inspection Project
Subsea

N-Sea, University of Strathclyde Team Up on Pipeline Inspection Project

Subsea IMR provider N-Sea, and the University of Strathclyde’s Institute of Sensors Signals and Communications at the Department of Electronic and Electrical Engineering, have secured funding from the Data Lab Innovation Centre for an innovative research project to automate subsea pipeline inspectio

about 10 years ago
ECA Group Upgrades Six AUVs for French Navy
Subsea

ECA Group Upgrades Six AUVs for French Navy

ECA Group has secured an upgrade of the six autonomous underwater vehicles (AUVs) A9-M delivered in 2013 to the French Navy mine disposal divers (GPD) of Toulon and Brest. Following three years of operational use, the six AUVs A9-M will be improved through the integration of new long range communica

about 10 years ago

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Faroe Wraps Up Acquisition of Five Norwegian Fields
Subsea

Faroe Wraps Up Acquisition of Five Norwegian Fields

Faroe Petroleum has completed the acquisition of interests in five Norwegian North Sea producing oil and gas fields from DONG E&P Norge AS. The company acquired interest in Ula (20%), Tambar (45%), Tambar East Unit (37.8%), Oselvar (55%) and Trym (50%) fields. The net consideration payable at comple

about 10 years ago
Golden Energy Offshore to Manage Neptune Subsea Duo
Subsea

Golden Energy Offshore to Manage Neptune Subsea Duo

Golden Energy Offshore has been awarded management contracts with Neptune Subsea to fully manage its two IMR & light construction vessels Larissa and Despina. Neptune Larissa and Neptune Despina are 98.6 meters long sister vessels of Ulstein SX130 design delivered in 2011 by Zhejiang Shipbuilding, a

about 10 years ago
Olympic Sells Subsea Vessel to Swire Pacific Offshore
Subsea

Olympic Sells Subsea Vessel to Swire Pacific Offshore

Olympic Ship’s wholly owned subsidiary, Olympic Athene, has sold the multifunctional subsea support & construction vessel ‘Olympic Athene’ to Swire Pacific Offshore. The Olympic Athene, of MT 6022 MKII design, was built by Kleven Verft in 2013. The vessel has a length of 115,4 meters and a beam of 2

about 10 years ago
Boskalis Cuts Stake in Fugro
Subsea

Boskalis Cuts Stake in Fugro

Boskalis Westminster NV (Boskalis) said it has decreased its holding in the Dutch provider of geotechnical, survey, subsea and geosciences services, Fugro NV, to 24.9 percent. The Dutch dredging and marine specialist held, according to its 2015 annual report, 28.6 percent of Fugro’s shares per Decem

about 10 years ago
Technip, FMC Technologies Merger Gets Shareholders Nod
Subsea

Technip, FMC Technologies Merger Gets Shareholders Nod

Shareholders of FMC Technologies and Technip voted in favor of resolutions required for the consummation of the proposed business combination of the two companies into TechnipFMC. FMC Technologies held a special meeting of its shareholders. Technip held an extraordinary general meeting of Technip sh

about 10 years ago

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PSA Inspects Barrier Management at Wintershall’s Brage
Subsea

PSA Inspects Barrier Management at Wintershall’s Brage

The Petroleum Safety Authority (PSA) Norway has carried out an audit of Wintershall’s barrier management at Brage. Wintershall Norge is the operator of the Brage field, located in the North Sea, approximately 13 kilometers east of Oseberg. Brage has been developed using an integrated facility on a s

about 10 years ago
Arkona Offshore Wind Farm UXO Disposal Complete
Subsea

Arkona Offshore Wind Farm UXO Disposal Complete

E.ON informed that it has completed the disposal of the explosive ordnance at the Arkona offshore wind farm site in the German Baltic Sea. The construction site, with an area of 39 square kilometers halfway between the island of Rügen and the Danish island of Bornholm, is now completely free of rema

about 10 years ago
NSRI: Subsea Companies Should Branch Out into Offshore Wind IMR Market
Subsea

NSRI: Subsea Companies Should Branch Out into Offshore Wind IMR Market

A new report from National Subsea Research Initiative (NSRI) has identified operations & maintenance (O&M) – particularly inspection, repair and maintenance (IRM) activities – as the highest potential area for subsea companies to diversify into offshore wind. Titled ‘Subsea Technological Challenges

about 10 years ago
Bibby Nets Shell Deal in North Sea
Subsea

Bibby Nets Shell Deal in North Sea

Bibby Offshore, a subsea services provider, has secured a new contract with Shell in the North Sea. The campaign, due to start in Q1 2017, will see Bibby Offshore provide engineering and subsea construction activities in the Gannet G field in the Central North Sea. Under the agreement, Bibby Offshor

about 10 years ago