Subsea
Offshore Decom Spending Set for Growth, IHS Markit Says
The decommissioning of aging offshore oil and gas platforms, subsea wells and related assets is increasing dramatically, with more than 600 projects expected to be disposed of during the next five years alone. This will cause spending to rise significantly, according to a new study by IHS Markit an
DeepOcean Secures Hornsea Project One Cable Work
DeepOcean, based in Darlington, has won a contract to transport and install cables for DONG Energy’s Hornsea Project One wind farm. Located 120 km off the Yorkshire Coast, Hornsea Project One will have a capacity of over one gigawatt (GW), and will be capable of supplying electricity to over one mil
DNV GL Bags Aker BP Deal
Aker BP has awarded a new frame agreement to DNV GL, covering a range of safety, verification, inspection and classification services across its installations on the Norwegian Continental Shelf. The five-year contract, which includes options for extension, will see DNV GL experts integrated into Ake
Boa Offshore Starts Financial Restructuring
Boa Offshore, the Norwegian offshore vessel owner, has embarked on a financial restructuring of the group’s business and balance sheet, which will be presented to the financial creditors of the company. The company said that the financial situation has become worse than expected a few months ago, du
Centrica Submits Oda Field Development Plan
Partners in the Oda field, previously named Butch, located in the North Sea licence PL 405, have submitted its Plan for Development and Operation (PDO) to the Norwegian Ministry of Petroleum and Energy. The Oda field was discovered in 2011, in the Norwegian North Sea, in shallow water approximately
Volstad Oceanic Vessel Leaves Turkish Tersan Shipyard
Volstad Oceanic vessel has left Tersan Shipyard in Turkey, where it was built, Skipsteknisk informed through social media. The vessel, of Skipsteknisk ST-259 Arctic design, is a purpose built offshore construction vessel for operation in Arctic waters, the company noted. The vessel was built for Vol
NOC Presents New Robotic Microsub
The robotic microsub capable of being deployed from a robotic surface vehicle was unveiled at the Marine Autonomous and Technology Annual Showcase at the National Oceanography Centre (NOC). The new design, led by Planet Ocean and co-developed by NOC, ASV and the University of Southampton, is around
6 Alpha Deals with UXO Risk on Beatrice Offshore Wind Farm
6 Alpha Associate is in the process of managing an unexploded ordnance (UXO) risk for the Beatrice Offshore Wind Limited (BOWL), an 84- turbine project located in the Moray Firth. The 6 Alpha activity is geared towards issuing a final UXO safety clearance certificate. Upon completion, the work will
Pryme Group Buys SengS
Pryme Group, a provider of integrated manufacturing solutions, has acquired an Aberdeen-based engineering and service company SengS. SengS provides subsea engineering design consulting, equipment testing and assembly, repair, refurbishment and rental of subsea equipment. Acording to Scottish Busines
Olympic Further Extends Standstill Agreement
Olympic Ship, a Norwegian provider of inspection, maintenance, and repair vessels, has reached an extension of the standstill agreement with its secured lenders up to and including November 30, 2016. The initial agreement, running up to September 30, was reached in July this year, and has later been
Maersk Supply Service Nets Leadon Decom Deal
Maersk Supply Service informed that it has secured a second contract with Maersk Oil UK for the Leadon subsea decommissioning in autumn 2017. The contract follows the Janice decommissioning project which the company secured in September. To date, Maersk Supply Service, has removed and delivered the
Akastor Completes Sale of Frontica ITO and BPO Business to Cognizant
Akastor informed that it has completed the sale of the ITO and the BPO business of Frontica Business Solutions to Cognizant. The closing of the transaction took place on November 28, 2016, the company said. The company sold the business for a consideration of NOK 1,025 million on a debt-and-cash-fre
Green Marine to Decommission Tidal Turbine at EMEC
Green Marine (UK) Ltd has been awarded the contract to fully decommission Andritz Hydro Hammerfest’s 1MW tidal turbine HS1000 and all the associated infrastructure offshore and onshore, after trials at EMEC’s tidal test site in Orkney. Green Marine will be responsible for all management, planning, e
JFD Upgrades NHC’s Hyperbaric Reception Facility
JFD has expanded its National Hyperbaric Centre’s (NHC) fixed hyperbaric reception facility (HRF) from an 18-man to a 24-man system. In response to larger diving support vessels coming into operation in the North Sea, the expansion will ensure NHC will be able to support and facilitate the arrival o