Subsea
Prysmian: Shareholders Accept General Cable Acquisition
General Cable’s shareholders have approved the acquisition by Prysmian. The approval follows Prysmian’s definitive merger agreement announcement in December last year, under which Prysmian will acquire General Cable for $30.00 per share in cash. The transaction values General Cable at approximately
ICIT and EMEC Looking into Marine Energy Biofouling
The International Centre of Island Technology (ICIT) and the European Marine Energy Centre (EMEC) have joined forces in a year long project to research practical strategies to minimise the impacts of biofouling for the marine renewable energy (MRE) industry. Biofouling, the settlement and growth of
SeaBird to Deploy Osprey Explorer for West Africa Project
SeaBird Exploration has signed an agreement to provide a source vessel for an upcoming survey in West Africa. The project is expected to start during Q1 and will have a duration of approximately 60 days. SeaBird will be using the Osprey Explorer for the project. Osprey Explorer, a 2D long offset/sou
STATS Group Marks 20 Years with Largest Contract
STATS Group is celebrating two decades in business with the award of its largest contract to date. The pipeline technology specialist, formed in Aberdeen in 1998, has secured a contract worth close to $20 million (£14.2 million) with a Middle East national operating company. The workscope includes p
Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (February 12 – February 18). https://subseaworldnews.com/2018/02/12/bp-kicks-off-at-atoll/ https://subseaworldnews.com/2018/02/12/dof-subsea-keeps-fleet-busy/ https://subseaworldnews.com/2018/02/13/bou
SeaBird Cancels Munin Explorer Charter
Marine seismic survey provider SeaBird Exploration has entered into a settlement agreement with Ordinat Shipping AS, the owners of Munin Explorer, for the termination of the charter party agreement and redelivery of the vessel. The transaction is conditional on the fulfilment of certain precondition
Fire Breaks Out on DEME’s Newbuild ‘Living Stone’
DEME Group’s multipurpose vessel ‘Living Stone’ caught fire during construction in a shipyard in Santurtzi, Spain, local media reports. According to reports, four working personnel and a security guard had to be treated for smoke inhalation. Reportedly, there was no need for them to be taken to the
Aker Solutions Partners with Cognite on Digital Solutions
Aker Solutions has agreed on a long-term collaboration with software company Cognite to accelerate the development of digital solutions aimed to drive efficiencies through the entire life of an energy asset. The energy services company will use Cognite’s industrial data platform to collect and analy
GC Rieber Books Polar Queen for Summer Campaign
GC Rieber Shipping has entered into a time charter agreement with a European offshore client for the CSV vessel Polar Queen for a fixed period of four months with options to extend by up to one month. With this charter, all GC Rieber Shipping subsea vessels have secured contracts for the summer seas
Hunter Group Buys IKM Subsea & Technology
Norway-based technical research and development company Hunter Group, formerly known as Badger Explorer, has reached an agreement to acquire all shares in IKM Subsea Holding, IKM Subsea, and IKM Technology – together referred to as the IKM Subsea & Technology. IKM Gruppen owns all the shares in IKM
HydraWell Scores Caspian Sea P&A Work
Total, acting as operator for and on behalf of a consortium presently composed of Total and Socar, has tasked HydraWell to execute a part of plug & abandonment campaign at the Absheron field in the Caspian Sea. To execute the campaign, HydraWell will utilise its HydraHemera Perf, Wash and Cement (PW
MacArtney Brings Out New Underwater Winch
MacArtney has introduced a new underwater winch to expand the MERMAC family of electrically driven winches. The new MERMAC U from MacArtney is an underwater winch range designed for use within scientific, naval and homeland security applications. MacArtney said it has integrated several features int
SMP Supplies Containerised Diving Systems to MoD UK
Submarine Manufacturing and Products (SMP) have delivered two 20ft DNV containerised diving systems (CDS) to Ministry of Defence (UK). The CDS supplied to Ministry of Defence was based on a past design created by SMP with added bespoke requirements requested by the MOD to meet their specific needs.
Vineyard Wind Connector Project Moves Forward
The Massachusetts Environmental Policy Act (MEPA) Office has advanced its environmental review of the proposed Vineyard Wind Connector transmission project by issuing a certificate regarding the project’s Environmental Notification Form (ENF). The proposed Vineyard Wind Connector is comprised of sub