Subsea
Reach Charters New Subsea Vessel for Joint Projects with MMT
Reach Subsea has entered into a charter agreement with Topaz Energy and Marine for the newbuild subsea vessel Topaz Tiamat for two and a half years, with three yearly options. Topaz Tiamat will be deployed as a part of the co-operation agreement between Reach and MMT, who have been awarded several f
SeaBird Sees Deficit Shrink
Oslo-listed SeaBird has narrowed its quarterly loss for the period ended September 30, 2018 as revenues picked up on higher utilization, compared to prior-year third quarter. The seismic data provider for oil and gas companies posted loss of around $4.6 million for the third quarter of 2018, compare
Eidesvik Gets Contract Extensions for Two Vessels
Eidesvik has secured contract extensions for two of its vessels, the Viking Neptun subsea construction vessel and Acergy Viking service operation vessel (SOV). Viking Neptun will continue working for Merkur Offshore until mid May with further optional extensions. Viking Neptun was contracted in Sept
Piriou Delivers Vessel to Moroccan Royal Navy
French shipbuilder Piriou has recently delivered a 72-meter hydro-oceanographic and multi-missions vessel (BHO2M) ‘DAR AL BEIDA’ to the Moroccan Royal Navy. This contract is the third the Moroccan Royal Navy awarded Piriou, following the contract for the building of a 50m Landing Craft Tank and the
Aquaterra Energy in Another Johan Sverdrup Deal with Equinor
Aquaterra Energy has been awarded a contract by Equinor to deliver early well construction operations for the next sixteen wells of the Johan Sverdrup field development. The award follows Aquaterra Energy’s Phase I tie-back project for the engineering of nine complete strings of centralizers and tie
Subsea 7 Profit Slips
Engineering and construction specialist Subsea 7 has seen profit cut by close to 32 percent in the quarter ended September 30, 2018 on lower project pricing secured during the downturn and activity drop in renewables and heavy lift business units. The Oslo-listed firm posted quarterly profit of $76
SeaBird Secures More Work in GoM and North-West Europe
SeaBird Exploration has received another 30 day extension for the Osprey Explorer vessel, currently undertaking an ocean bottom node (OBN) survey in the US Gulf of Mexico. The survey was secured in June 2018 and started in late August. This extension brings the firm period of the contract to a total
OPT Expands Product Offering
Ocean Power Technologies has expanded its suite of complimentary products that leverage the core technology of the PowerBuoy, which include subsea batteries and a hybrid (liquid-fueled) PowerBuoy. George H. Kirby, president and chief executive officer of OPT, said, “Our team has been working diligen
Heerema Delivers Jacket for Tulip Oil’s Unmanned Offshore Platform
Heerema Fabrication Group (HFG) has completed the jacket construction for the Tulip Oil Q10-A unmanned offshore platform, to be installed offshore the Netherlands. The jacket sailed away from Heerema’s yard in Hartlepool on Tuesday, the company informed through social media. Tulip Oil Netherlands Of
Nexans’ Inter-Array Cables for Ørsted’s Borssele 1 and 2 OWFs
Nexans has secured a contract from Ørsted, under the five-year framework agreement, to supply 66 kV submarine inter-array cable with associated accessories for the Borssele 1 and 2 wind farms off the Netherlands coast. Nexans will supply and install three-phase 66 kV copper cables with two cross-sec
Wood and Nobel Oil in Azerbaijan Pact
Wood and Nobel Oil have entered into a joint venture agreement to provide engineering and operations support services to the oil and gas market in Azerbaijan. The JV will combine Wood’s engineering and technical services capabilities with Nobel Oil’s local knowledge and expertise in the Caspian regi
iSURVEY Finalizes Nord Stream 2 Seabed Survey for Allseas
iSURVEY has completed a 30-day geophysical seabed survey for Allseas, as a part of the forthcoming Nord Stream 2 pipeline project. The contract marked a first for the iSURVEY Group. Taking on a vessel charter, the team had full contract responsibility for the vessel, marine, survey, processing and r
Ocean Infinity Adds New Kongsberg AUVs to Its Fleet
Ocean Infinity, a hydrographic and geophysical survey company, has placed three separate orders for a total of five Kongsberg Maritime HUGIN Autonomous Underwater Vehicle (AUV) systems, increasing its inventory to 15. The AUVs are supplied with the latest generation Kongsberg Maritime HISAS 1032 syn
WorleyParsons Scores North Sea Work for ConocoPhillips
WorleyParsons has been awarded a frame agreement for engineering and construction (E&C) services and an engineering, procurement and construction (EPC) contract in the UK with ConocoPhillips. Under the first contract, WorleyParsons will provide E&C services to assets in the central and southern Nort