Subsea
Neptune Energy Advances Toward Cara Subsea Tieback FID
Neptune Energy and its licence partners have submitted the ‘Decision to Continue’ report for the Cara project to the Norwegian Ministry of Petroleum and Energy. The licence partnership will now progress its technical and economic plan before making a final investment decision early in 2019. Based on
Boskalis Firms Up Moray OWF East Inter-Array Cables
Royal Boskalis Westminster (Boskalis) has acquired the contract for the supply and installation of the inter-array cables for the Moray Offshore Windfarm East (MOWE). In June 2017, Boskalis signed a ‘preferred bidder agreement‘ with MOWE which has now been converted into a binding contract following
Pale Blue Dot Energy Gets Green Light for Acorn Carbon Capture and Storage Project
The Oil and Gas Authority UK has awarded its first carbon dioxide (CO2) appraisal and storage licence as an independent regulator. The award has been made to Pale Blue Dot Energy for the Acorn Carbon Capture and Storage (CCS) Project. The project seeks to re-use existing oil and gas infrastructure f
Golden Energy Swoops for Ship Management Firm
Golden Energy Offshore Services has entered into a term sheet with Golden Energy Offshore Management Holdings for the possible acquisition of Golden Energy Offshore Management. Pursuant to the term sheet, the company will, subject to a successful acquisition of the four vessels previously announced,
Scotland and Japan Eye New Alliances in Evolving Subsea Sector
Industry body Subsea UK and NSRI, in partnership with Scottish Enterprise has announced the latest call for companies to drive forward R&D between Scotland and Japan, as part of a partnership between Scottish Enterprise and the Nippon Foundation. The second call for projects follows the success of t
Norwegian Diving Company Puts Falcon to Work
Norway’s Agder Dykk, is extending its scope of operations in the region with a new Saab Seaeye Falcon underwater robotic vehicle. An early task for Agder Dykk’s Falcon is a survey of Norway’s harbours to provide data for the authorities on the status of sediment built up over decades of environmenta
PT.OSI Wraps Up ONWJ Campaign
PT. Offshore Services Indonesia (OSI) has completed IMR works on platforms, pipelines and offshore marine installations in the Java Sea area of operation. The 3-year technical services contract at ONWJ (Offshore Northwest Java) for provision of saturation DSV and all associated subsea engineering se
OPT Opts for NEC Energy Solutions Batteries
Ocean Power Technologies (OPT) has signed a letter of intent to enter into a long-term agreement with energy storage specialist NEC Energy Solutions (NEC ES) for the supply of lithium ion batteries for OPT’s subsea battery solutions. George H. Kirby, president and CEO of OPT, said: “We are excited t
Maersk Supply Service Selects New CFO
Maersk Supply Service has said that Karl Thorngren will take on the role of chief financial officer (CFO) on April 29, 2019. Thorngren, currently CFO of Svitzer Australia, has held leadership positions within the field of corporate finance for 15 years, and has worked within the maritime industry si
Coast Guard, Local Agencies Locate Sunken Barge Off Nahant
The Coast Guard and partner agencies located the missing barge, Dredge 200, on Wednesday after it capsized and sank earlier this week in Broad Sound approximately two miles southeast of Nahant. The barge’s location was confirmed by a contracted company using multi-beam sonar just north of the North
InterGlobix Joins SubOptic Association
InterGlobix, company focused on the convergence of data centers, terrestrial fiber and subsea fiber has joined SubOptic Association, the subsea industry’s global trade organization. SubOptic Association has long been active in the international undersea communications industry and is best known for
Equinor Boosts Vigdis Production
Equinor and its partners have decided to invest some NOK 1.4 billion in Vigdis boosting station, expected to come online in the first quarter of 2021. The subsea field Vigdis has been producing oil through the Snorre field for more than 20 years. Field production will now be boosted by almost 11 mil
James Fisher Ocean Team Wraps Up South China Sea Project for COOEC Subsea
James Fisher Ocean Team (JFOT) has completed its first excavation for COOEC Subsea in the South China Sea. The project, undertaken in Zhujiangkou Basin, 170km southwest of Hong Kong, was for post-lay trenching of 7km of subsea cable as part of the oil field’s joint development. Fu Wenzhi, technical
SIMEC Atlantis Tidal Development Project Gets €1M Push
SIMEC Atlantis has signed a grant agreement with EASME for €1 million in grant funding to support its tidal turbine technology and its MeyGen project supply chain partner Asturfeito. On October 30th 2018, Atlantis announced its plans to enhance the existing 6MW MeyGen project. This grant should supp