Subsea
Subsea in October
Subsea World News has gathered all the highlights to bring you a summarized version of the most popular articles from the previous month. The month of October marked announcements from some of the major subsea players including Subsea 7, Technip and Saipem. The trio managed to secure new contracts i
New Subsea Cable to Connect Cyprus and Greece
Cyta and Telecom Italia Sparkle announced that the new KIMONAS subsea cable subsystem linking Cyprus with Crete will come into full commercial service by the end of 2015. KIMONAS will be Cyta’s first wholly owned optical fibre cable subsystem connecting Cyprus and Greece. The subsystem, that will co
AquaComms Picks Ciena for AEConnect Subsea Link
AquaComms has selected Ciena to facilitate 100G connectivity on its new AEConnect subsea cable system from New York to London, and beyond to greater Europe. Leveraging Ciena’s GeoMesh solution, AquaComms will provide low-latency, reliable and scalable connectivity to support the needs of the web-sca
MRC in Johan Sverdrup Deal
MRC Global has secured contracts, through its Norwegian subsidiaries, MRC Teamtrade and MRC Energy Piping, to support Statoil’s Johan Sverdrup project in the North Sea. MRC Energy Piping will supply the pipe, fittings and flanges (PFF) to the processing and riser platforms of the Johan Sverdrup proj
AquaComms Teams Up with Digital Realty on AEConnect
Digital Realty Trust, a provider of data center solutions, is partnering with AquaComms, a provider of scalable, subsea capacity-based network solutions, in deploying its new transatlantic fiber optic system, America Europe Connect (AEConnect). Spanning more than 5,400 kilometers across the Atlantic
DNV GL Introduces New RP on Offshore Fibre Ropes
The results of two DNV GL led joint industry projects (JIPs) and a JIP pre-study commissioned by Statoil are now captured in a new Recommended Practice on offshore fibre ropes. DNVGL-RP-E305 provides new industry guidance for achieving cost reductions of overall mooring operations, by addressing the
Island Offshore in Vessel Lay-Up
Island Offshore has decided to lay up the ROV and survey vessel Island Spirit for the winter season. Island Spirit performs IMR work, survey work and ROV operations, however, the company said it expects the activity in this segment is to decline in the coming months. “We are working on relocating so
MMT Scoops Kriegers Flak Cable Route Survey Gig
Swedish marine survey specialist, MMT, has been awarded a contract for a survey job related to Kriegers Flak’s subsea cable route. As part of the Kriegers Flak (KF) Combined Grid Solution (CGS) the Danish TSO Energinet.dk and the German TSO 50Hertz Transmission GmbH is preparing the installation of
Gassco to Run Utsira High Gas Pipeline
Gassco has taken over the operatorship of the new Utsira High gas pipe (UHGP), which will transport rich gas to Britain’s Scottish Area Gas Evacuation (Sage) system and St Fergus in Scotland. Running for 94 kilometres, this pipeline starts at the Edvard Grieg field about 57 kilometres north of Sleip
Akastor Posts NOK 1.37 Bln Loss
Oilfield services investment company, Akastor, has booked a third-quarter 2015 loss as impairments hit the Group’s earnings and revenues slid on weak market. The Oslo-listed company recorded loss of NOK 1.37 billion ($162 million) for the third quarter 2015 and loss for the first nine months of NOK
Royal IHC Buys Fraser Hydraulic Power
Royal IHC has expanded its offshore rental fleet with the acquisition of Fraser Hydraulic Power (FHP) in the UK. Fraser Hydraulic Power (FHP) designs and builds systems for laying subsea cables and umbilicals with tracked engines and tensioners, cable carousels, and drum handling systems in its prod
Forum Subsea Rentals Gets New Global Business Director
Forum Subsea Rentals (FSR) has strengthened its senior management team with the promotion of Nicki Nicholls to the role of global business director. Nicholls joined Forum in 2008 as part of the Technical Sales team before taking on the roles of sales manager, operations manager and then commercial m
GeoSea Lands Galloper EPCI Foundation Deal
Belgian GeoSea, member of DEME Group, has been awarded a Galloper offshore wind farm EPCI foundation contract with RWE Innogy UK. Galloper offshore wind farm project is located 27 km off the Suffolk coast. Under the contract, GeoSea will deliver design, fabrication and installation of 56 steel monop
Nord Stream 2 to Secure Russian Gas Supplies to Europe
The Gazprom headquarters hosted a working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Sigmar Gabriel, German Vice-Chancellor and Federal Minister of Economics and Energy. The parties addressed the issues of Russian natural gas exports to Germany and other European