Subsea
Search Teams Find EgyptAir MS804 Black Boxes
Search teams have found and retrieved black box recorders of the EgyptAir flight MS804. According to Reuters, the cockpit voice recorder was retreived on Thursday following an extensive serch in the Mediterranean Sea, where the airplane crashed. The Airbus A320 crashed en route from Paris to Cairo o
Ardmore Craig Nets Its 150th Contract
Ardmore Craig, a Darlington based company, has secured its 150th contract award. The award, from an existing customer, covers the design and build of cable handling equipment and upgrading of a previously supplied lay spread that will be used on an offshore wind farm, the company informed. Director
IMCA Makes Change in CMID Concept of Operation
International Marine Contractors Association (IMCA) intends to improve the integrity and quality of its common marine inspection document system (CMID) by adopting a greater degree of oversight of the system. According to IMCA, this will enable greater cooperation with the offshore vessel inspection
Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (June 13 – June 19). Ezra Holdings, Chiyoda Corporation and Nippon Yusen Kabushiki Kaisha (NYK) have entered into a binding agreement for NYK to invest in EMAS CHIYODA Subsea (ECS), which is currently
VBMS Wraps Up Sandbank OWF Cable Installation Project
VBMS has completed cable installation and post-lay burial for Vattenfall’s Sandbank offshore wind farm. A total of 76 inter-array cables were installed and post-lay buried within a limited time frame of approximately two and a half months. VBMS deployed its multipurpose vessels Ndurance and Ndeavor
Volstad Gets One More Year
Norwegian vessel owner Volstad Maritime and its subsidiary Volstad Subsea have secured the extension of maturity date of the NOK 600 million ($72 million) bond loan by 12 months, now expiring July 5, 2017. As reported earlier, Volstad Subsea AS, which took a bond loan of NOK 650 million in 2013, wit
EC OKs Boskalis’ Acquisition of VolkerWessels’ Offshore Businesses
The European Commission has approved the acquisition of VolkerWessels Offshore by Boskalis. The Commission concluded that the proposed acquisition would raise no competition concerns, because it would not significantly change the market structure. A Letter of Intent (LoI) to acquire offshore activit
Technip, FMC Technologies Conclude Merger Consultation Process
Technip and FMC Technologies have executed a business combination agreement (BCA) regarding their proposed merger announced earlier this year. The execution of the BCA follows conclusion of the required work council consultation process in Europe. “With the signing of the BCA, we have reached an imp
MultiClient Geophysical’s Employees Take Pay Cut
Oslo-listed MultiClient Geophysical (MCG) said it has reduced employee compensation by close to 30% compared to 2015 as part of the company’s cost cutting measures in order to improve its position in a challenging market environment. The cost saving exercise has been carried out through voluntary sa
LDD Supports Offshore WindForce on Wikinger Project
LDD, an Acteon company, has collaborated with UTEC and MENCK to deliver a total foundation solution, including a subsea pre-piling template (PPT), to Offshore WindForce WIK (OWF). OWF, a joint venture between Boskalis and Volker Stevin International, is contracted by Iberdrola Renewables Offshore De
Hughes SSE Acquires Survey Vessel
Hughes SSE has acquired a survey vessel MV Line to support its survey capabilities. After a short refit the MV Line will be re-named MV Cerys Line and will be working on a number of Hughes SSE’s current and forthcoming projects. Hughes SSE said it will regain the vessels current crew, and they will
Scientists Assess Atlantic Deep-Sea Ecosystems
The assessment of Atlantic deep sea ecosystems, supported by the European Commission’s Horizon 2020 funding programme, marks the beginning of a series of expeditions in the Atlantic Ocean. The expeditions, involving at least 25 research cruises and scientists from 10 European countries, the USA and
IMCA Names Policy and Regulatory Affairs Manager
International Marine Contractors Association (IMCA) has appointed John Bradshaw as policy and regulatory affairs manager. He will be responsible for developing and delivering the international trade association’s policy and regulatory strategy, including representing members with regulators and othe
Sheffield Forgemasters Delivers Nord Stream Pipeline Clamps
Sheffield Forgemasters International has produced subsea emergency repair clamp bodies for use on the world’s longest subsea gas pipeline. Designed by Oil States Industries in Houston, the hydro-clamp is designed to provide risk mitigation in the event of a breach in a subsea pipeline. Sheffield For