Subsea
SGS Aquires Muldoon Marine Services
SubSea Global Solutions (SGS) has acquired Muldoon Marine Services. Muldoon Marine Services is a commercial diving and NDT company serving Long Beach and Los Angeles. The company was founded in 1988. “We are very excited at the opportunity to increase the services that we provide to our customers in
Cerberus Snaps Up SubCom
Cerberus Capital Management has completed the acquisition of the subsea communications business of TE Connectivity. Upon closing, the business has been re-branded to SubCom and industry veteran David Coughlan has been appointed CEO of the new company. New Jersey-based SubCom has more than 1,400 prof
Stockholm University Hosts First Seabed 2030 Project Meeting
The first regional mapping meeting for The Nippon Foundation-GEBCO Seabed 2030 Project was recently held in Stockholm, covering the Arctic, Antarctic and North Pacific regions. The meeting brought together leading ocean mapping experts, oceanographers, scientists and private companies to discuss var
Aquabotix Gets US Patent for ROV Camera Apparatus
UUV Aquabotix has been granted a United States patent for its Remotely Operated Vehicle (ROV) camera apparatus. Many underwater vehicles operate with a single stationary camera, an interior-based moveable camera, or multiple cameras. Each of these configurations may have significant drawbacks and ul
Protean Firms Up Wave Energy Converter Sale
Protean has completed the term sheet agreement for the sale of the Protean Wave Energy Converter technology assets (WEC Assets) to Australian company PEARL Clean Energy (PEARL). As announced in the binding agreement earlier this year, the key terms include PEARL spending a minimum of $700,000 on the
¡VAMOS! Technology Demos in Ireland
¡VAMOS! project partners together with advisory board members and interested external parties – such as geologists and researchers from companies and institutions – were present at the ¡VAMOS! technology Demonstration Day, at the Magcobar flooded mine pit, in Silvermines, Ireland. In total 85 visito
Trinity Submits TGAL Field Development Plan Off Trinidad
Trinity Exploration & Production has submitted the Field Development Plan (FDP) for the TGAL Area, located on the Galeota Block, offshore the East Coast of Trinidad to the Ministry of Energy and Energy Industries (MEEI). This FDP is the first phase of a potential wider step-out development moving ac
Timas Suplindo Charters Telford’s Construction Vessel in Indonesia
Telford Offshore has been awarded a charter contract from Indonesian contractor Timas Suplindo for the DP3 multi-purpose offshore construction vessel, Telford 25. The three months contract, with options to extend, will see Telford 25 support a wide range of services from installation of subsea struc
Kreuz Subsea, Seamec Gear Up for ONGC Job
Kreuz Subsea and consortium partner Seamec have mobilized the Kreuz Glorious vessel to start a two-year project with India’s Oil & Natural Gas Corporation (ONGC). The scope of work includes the inspection of 27 offshore jackets in the Mumbai High North, Mumbai High South, Heera, Neelam and Bassien a
Heerema Readies Elia’s OSY Platform Jacket for Installation
Heerema Fabrication Group has completed the construction and sail away of the jacket of the Offshore Switch Yard (OSY) platform for the Modular Offshore Grid (MOG) project for Belgium’s transmission system operator Elia. The contract for procurement and construction was awarded in February 2018. Con
NKT Confirms Moray East Export Cable Deal
NKT has confirmed the contract for delivery and installation of export cable systems for the Moray East offshore wind farm project. The company was chosen as a Preferred Bidder for the project in November, 2017. Now, NKT and the project developer, MOWEL, Moray East Offshore Windfarm, owned by EDP Re
RBR Sets Up Office in China
Canadian manufacturer of oceanographic instruments RBR has officially opened RBR China in Qingdao. RBR China is a wholly-owned foreign enterprise, established to more efficiently support RBR’s customer base and collaborative business development activities in China. The coastal city of Qingdao is th
Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (October 29 – November 04). https://subseaworldnews.com/2018/11/01/mcdermott-bags-pipeline-deal-from-petrobras/ https://subseaworldnews.com/2018/10/31/russian-divers-reach-416-meters-record-in-sea-of-j
Eidesvik Names New CFO
Eidesvik has appointed Tore Byberg as the new chief financial officer. Byberg has comes from the position of CFO of Altibox, a position he has held since 2015. Prior to this, he was in Seadrill companies and held leading positions within finance. Byberg will start in his new position at latest Febru