Subsea
Maersk Gallant Gets Leadon and James Decom Job
Maersk Drilling has been awarded a contract for the jack-up rig Maersk Gallant with Maersk Oil for the plugging and abandonment of the Leadon and James subsea fields in the UK sector of the North Sea. The duration of the contract is estimated to 230 days, with commencement in February 2017. The esti
Tekmar and Subsea Innovation Team Up
Tekmar Energy and Subsea Innovation have signed a strategic collaborations agreement to collaborate in sales, product development and strategic initiatives towards cost and risk reduction in both OWF cabling equipment and O&G SURF and pipeline ancillaries. Namely, the new deal should see the two com
More Red Ink for Bourbon
Bourbon has seen its loss widened in the first half of 2016 as revenue fell on lower utilization and daily rates pressured by tough market conditions. French vessel owner and offshore services provider has recognized a €104.3 million ($117.5 million) net loss (group share) for the first six months o
EIB Funds Humber Gateway Offshore Transmission Link
The European Investment Bank has agreed to provide GBP 82 million (USD 109.3 million) for the purchase, operation and maintenance of a new electricity transmission connection between the Humber Gateway offshore wind farm and the UK national electricity network. The new Humber Gateway transmission li
Gazprom Obtains First Permits for TurkStream Project
Gazprom has received the first permits for the TurkStream project from Turkish authorities following the decision to resume the project this year. Namely, at last week’s negotiations between Alexey Miller, chairman of the Gazprom management committee, and Berat Albayrak, minister of energy and natur
Western Link Contruction Advances
Cable laying vessel Giulio Verne and support vessel Go Pegasus are continuing with installation and survey work in the Irish Sea along the Western HVDC Link cable route, AWJ Marine informs. The Western Link Project consists of installing two 600 kV DC submarine cables in the Irish Sea from Ardneil (
Aker Solutions Wins Utgard-Sleipner EPCIC Work
Aker Solutions said it will provide engineering, procurement, construction, installation and commissioning (EPCIC) services to enable a tie-in of the Utgard gas and condensate field to the Statoil-operated Sleipner facilities in the North Sea. The work, valued at about NOK 500 million ($61 million),
E.ON Sells Humber Gateway OWF Transmission Assets
E.ON has signed an agreement for the sale of transmission assets at its Humber Gateway offshore wind farm to a consortium comprising Balfour Beatty Investments and Equitix. Balfour Beatty Investments and Equitix were selected by Ofgem in September 2015 as the preferred bidder to own and operate the
Global Marine’s C.S. Sovereign Gets SPS Notation
Global Marine Systems has achieved Special Purpose Ships (SPS) notation for its C.S. Sovereign multi-role DPS-2 vessel. The achievement means that C.S. Sovereign can now carry up to 50 people on board over and above the working crew, such as client representatives or project specific personnel, the
Caley Launches Linear Cable Engine for Telecoms Cable Lay
Caley Ocean Systems, part of the Seanamic Group, has developed a high speed linear cable engine (LCE) for telecoms cable laying. Operating at speeds up to 10 knots, the fully containerized Caley LCE provides complete control of deployment of telecoms cable and repeaters, the company explained. The L
Bosch Rexroth Joins DeepSea Mining Alliance
Bosch Rexroth has joined the DeepSea Mining Alliance with the signing of the declaration of accession during SMM in Hamburg. The DeepSea Mining Alliance founded in Hamburg in 2014 offers a platform for partners from industry and research in order to further promote the environmentally friendly deep
Cranemaster Presents New Passive Heave Compensator
Cranemaster has introduced a new passive heave compensator (PHC). Safe working load (SWL) for the new unit is 1000 tonnes and maximum stroke length is 4000 millimeters. The unit itself weights more than 60 tonnes. “As offshore installations have become more complex and structures heavier, we have re
Subsea UK Opens Nominations for 2017 Awards
Nominations have opened for the 2017 Subsea UK Awards, which seek to recognize companies and individuals who are leading the way in Britain’s £9 billion subsea sector. Entries are being sought for the best subsea company of the year (large and small), the most promising young person in the sector, t
Flowline Specialists Recognized with Queen’s Award
Flowline Specialists has been presented with Queen’s Award for Enterprise in International Trade. The Oldmeldrum-based company was presented with the accolade by the Lord Lieutenant of Aberdeenshire, James Ingleby, when he visited the company’s premises. During his visit, Ingleby received a tour of