Subsea
Eidesvik Secures Contract for Viking Neptun
Eidesvik has secured a contract for Viking Neptun for the term work with Ocean Installer. The work is planned to start early 2020 and 2021 respectively, the company informed. “We are very pleased with this contract and look forward to work closely together with Ocean Installer. This contract confirm
Leask Marine Expands Its Operations
Highlands and Islands Enterprise (HIE) and Scottish Enterprise (SE) are supporting marine specialist Leask Marine in its submersible drilling rig research and development project. Leask Marine will invest £1.5 million in its R&D project with aim to target commercial opportunities in the offshore ren
AREG Membership List Grows
Aberdeen Renewable Energy Group (AREG) has seen its membership numbers rise over the past 12 months with an increase in the number of companies supporting both the offshore wind and wave and tidal sectors. Among the 25 new sign-ups are marine engineering firm EC-OG, weather forecasting business Stor
Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (December 03 – December 09). https://subseaworldnews.com/2018/12/03/siemens-and-aker-solutions-form-digital-alliance/ This content is available after accepting the cookies. Change cookie-settings View
Akastor Takes Over AGR through First Geo Merger Deal
Akastor has entered into agreements with AGR stakeholders to combine its First Geo business unit with AGR. The Transaction will be carried out primarily as an asset deal, whereby assets in the current AGR legal structure and three legal entities will, together with First Geo, be transferred to a new
Green Light for Magseis – Fairfield Deal
Norwegian seabed seismic services player Magseis has gained competition clearance from the Federal Trade Commission and the Antitrust Division of the United States Department of Justice to acquire the Seismic Technologies business from Fairfield. The acquisition comprises data acquisition, nodal and
DSME to Build Submarine Rescue Vessel for ROK Navy
Daewoo Shipbuilding & Marine Engineering (DSME) said it has secured a contract to design and construct a submarine rescue vessel for the Republic of Korea Navy. The contract is valued at approximately 444 billion Korean won ($395 million). The new submarine rescue vessel will be equipped with the la
Troll 3 Gets Go Ahead
Equinor has been given the green light by the Norwegian Ministry of Petroleum and Energy for the Troll Phase 3 development. According to Equinor, the capex of NOK 7.8 billion should help extend the productive life of the Troll field beyond 2050. Since it came on stream in 1995 the Troll oil & gas fi
Nexans Establishes Cable IMR Team
Cabling specialist Nexans has set up a dedicated team for inspection, maintenance and repair (IMR) services. The new IMR team can support customers worldwide with emergency response, a 24/7 hotline and fast-track mobilization. “Nexans has an impressive toolbox when it comes to IMR. We can offer a fu
LMG Marin Vessel Design for Norwegian Institute of Marine Research
LMG Marin has secured a contract to design a new coastal research vessel for the Norwegian Institute of Marine Research. The design contract was recently signed with the Institute of Marine Research (Havforskningsinstituttet) on board their recent newbuild “Kronprins Haakon”. “We are very pleased to
StrataNet Partners with PacketFabric to Expand Network Coverage
PacketFabric has selected subsea fibre-optic network operator StrataNet to provide secure, private intra-Asia capacity, extending its disruptive Software-defined Network (SDN) platform into Asia. This strategic partnership should enable PacketFabric to reach the Asian continent, making PacketFabric’
Polarcus and PGS in OZ Patent Clash
Seismic player Polarcus said it has accepted service of court proceedings filed by PGS Australia relating to the acquisition of seismic data on 3 surveys in Australia and the processing of that data. According to the company, these proceedings follow 3 years of intermittent correspondence from PGS i
McLane Sampler Goes Deeper
McLane Research Laboratories has introduced a new a 7,000-meter deep option for its large volume water transfer system (WTS-LV) samplers. The WTS-LV Deep option is available on the Standard, Dual Filter, and High Capacity WTS-LV models, and can also be retrofit to existing WTS-LV systems. “The LV De
COES Strengthens Presence in Scotland
China Ocean Engineering Shanghai (COES), a state-owned marine and offshore engineering services group, has opened the office of its first UK subsidiary – COES Caledonia (UK) Limited, located in Dundee. The move aims to broaden the company’s international reach and support the growing offshore decomm