Subsea
Vroon Agrees Restructuring with Its Lender Group
Vroon has reached an in principle agreement with all its lenders regarding the terms of its financial restructuring. The agreement, which is subject to final documentation and credit committee confirmation, is an important step forward towards the finalization of Vroon’s financial restructuring. “Th
ION Introduces New Version of Marlin Software
ION Geophysical has launched its enterprise version of Marlin software to more broadly optimize offshore operations. Marlin supports a step change offshore from traditional manual processes to digital solutions that integrate and share information in real time to enable better, safer decisions. Marl
Sumitomo Corp. Buys into Airborne Oil & Gas
Airborne Oil & Gas (AOG), the manufacturer of thermoplastic composite pipe (TCP) for oil & gas applications, said that Sumitomo Corporation has acquired a significant shareholding in the company. The investment by Sumitomo Corporation strengthens a strategic partnership which both companies entered
Paul Allen Team Discovers WWII Wreck of USS Helena
Paul Allen’s expedition crew aboard research vessel (R/V) Petrel have found the WWII wreck of USS Helena (CL 50). Sank on July 6, 1943 by three Japanese torpedoes during the Battle of Kula Gulf, the St. Louis-class cruiser was found 860 meters below the surface, resting on the floor of the New Georg
Zenith Adds COO in Australia
An Aberdeen-based well engineering and project management company, Zenith Energy, has appointed chief operating officer at its Australian base. Zenith Energy established Zenith Energy Australia in the second half of 2017 and appointed Tom Terris as COO, to manage the operations. Tom brings more than
SMD Secures ROV Order in China
Soil Machine Dynamics (SMD) have signed a contract to supply an Atom Mk1 1000m 100hp work-class ROV system to China Southern Power Extra High Voltage Power Transmission Company (EHV, CSG), a subsidiary of state-owned China Southern Power Grid (CSG). The ROV will be used for inspection of the 31-kilo
Global Marine to Replace Subsea Cable in Orkney Isles
Scottish and Southern Electricity Networks (SSEN) has awarded a contract to Global Marine Group to install and commission a 10.8km electricity cable between Rousay and Westray in the Orkney Isles. The new cable is being installed as part of SSEN’s ongoing electricity distribution subsea cable replac
Atlantis Sees MeyGen Project Enter Operations Phase
Renewable energy developer Atlantis said that the MeyGen tidal energy project has formally entered the 25-year operations phase. The Phase 1A of the MeyGen project has now completed the construction phase. This follows on from an extended period of array operation since the turbines were reinstalled
Maersk Drilling, Maersk Supply Service Form JV Decom Company
Maersk Drilling and Maersk Supply Service have established a 50:50 joint venture (JV) to provide decommissioning services to oil and gas operators. Due to high demand for decommissioning, especially in the North Sea where more than 400 fields are expected to cease production by 2026, the JV will off
Petrobras Signs Up Two Solstad Farstad Ships
Petrobras has awarded Solstad Farstad a one-year firm contract to the AHTS Far Scout and to the AHTS BOS Turquesa. The Far Scout will be equipped with Fugro’s FCV work-class ROV suitable for 3.000 meters water depth. Both vessels will support exploration and production activities in Brazilian contin
Bibby HydroMap Expands Asset Inspection Services
Bibby HydroMap has expanded its asset inspection survey technology with the purchase of the Carlson Software Merlin LiDAR mapping system. The Merlin LiDAR system will complement the existing marine and terrestrial survey equipment to deliver improved high-resolution datasets of objects of interest,
Nord Stream 2 Completes Permitting Process in Finland
Project developer Nord Stream 2 AG said it has received the second of two permits required to construct and operate the planned natural gas pipeline in the Finnish Exclusive Economic Zone (EEZ), completing the permitting procedure in Finland. The permit was granted by the Regional State Administrati
Scientists Deploy AUVs for Record-Breaking Research
In a joint effort between the Simons Collaboration on Ocean Processes and Ecology (SCOPE), the Monterey Bay Aquarium Research Institute (MBARI), and Schmidt Ocean Institute (SOI), several long-range autonomous underwater vehicles (LRAUVs) have completed their first voyage in the open ocean, obtainin
Industry Teams Up to Reduce Offshore Wind Cable Failure Costs
DNV GL, ECN, WMC, BREM, VanderHoekPhotonics, Deltares and other partners have started a Joint Industry Project (JIP) named “Cables Lifetime Monitoring” to reduce failure levels in offshore wind farm cables. Power-cable failures offshore are often the main risk affecting the development and operation