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Subsea

Another Migrant Boat Sinks Off Libya, 200 Feared Dead
Subsea

Another Migrant Boat Sinks Off Libya, 200 Feared Dead

A boat carrying around 400 African migrants has reportedly sunk offshore Libya leaving around 200 people dead. As Reuters reports, the Libyan coast guard rescued around 201 people, and others are believed to be trapped in the cargo hold when the boat sunk. The authorities informed that the migrants

about 11 years ago
Finland Approves Subsea Link with Germany
Subsea

Finland Approves Subsea Link with Germany

The Government of Finland has given its consent for a project for the construction of an undersea cable connection by C-Lion 1 Oy in Finland’s economic zone. The project, with the name Sea Lion, comprises an undersea fibre optics cable 1175 kilometres long from Santahamina in Helsinki to Markgrafenh

about 11 years ago
KB Dykk Wins Long-Term Contract with Cermaq
Subsea

KB Dykk Wins Long-Term Contract with Cermaq

Norway’s KB Dykk, a subsidiary of NTS ASA, has signed an agreement with Cermaq Norway for the rental of service vessels and provision of diving services in Finnmark region. According to NTS, the agreement will start on September 1 this year with a duration of three years and nine months, and involve

about 11 years ago
px to Operate NSMP’s Newly Acquired Assets
Subsea

px to Operate NSMP’s Newly Acquired Assets

Energy and process industry specialist, the px Group, has signed a long term agreement with North Sea Midstream Partners (NSMP) to operate and maintain (O&M) the St. Fergus Gas Terminal and associated Frigg UK and SIRGE offshore pipelines. The O&M agreement, signed on August 27, will take effect on

about 11 years ago
MPC to Examine Oil Spill Monitoring Requirements in UK
Subsea

MPC to Examine Oil Spill Monitoring Requirements in UK

Marine Planning Consultants (MPC) has been awarded a contract by Oil and Gas UK and the Oil Spill Response Forum to examine the specific requirements for monitoring during a major oil spill event on the United Kingdom Continental Shelf (UKCS). The project will also assess capability within industry

about 11 years ago

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Saipem Seals $1.3 Bln Al-Zour Deal
Subsea

Saipem Seals $1.3 Bln Al-Zour Deal

Italy’s Saipem has been awarded by the Kuwait National Petroleum Corporation (KNPC) for Package 4 and Package 5 of the Al-Zour New Refinery Project (NRP), located 90 km south of Kuwait City, for a total amount of approximately $1.3 billion, Saipem share. The Al-Zour NRP will be one of the largest oi

about 11 years ago
Total Sells North Sea Pipelines for USD 905 Mln
Subsea

Total Sells North Sea Pipelines for USD 905 Mln

Total has signed an agreement to sell all of its interests in the FUKA and SIRGE gas pipelines and the St. Fergus Gas Terminal to North Sea Midstream Partners for £585 million (around $905 million). “The sale of these midstream transportation assets is another example of Total’s strategy of active p

about 11 years ago
Construction of Ostwind 1 Offshore Connection Starts
Subsea

Construction of Ostwind 1 Offshore Connection Starts

Recently, 50Hertz held a starting ceremony for the Ostwind 1 offshore cable construction project. “At over one billion euros, the grid connection of the offshore wind farm in the Westlich Adlergrund Cluster (CWA) is the largest investment of our company to date,” said Boris Schucht, CEO of 50Hertz.

about 11 years ago
Siem Daya 1 Delivery Due in September
Subsea

Siem Daya 1 Delivery Due in September

Siem Offshore (SIOFF) informed that it has extended the delivery of Siem Daya 1 vessel to Daya Materials until September 30, 2015, with October 15 as cancelling date. The extended delivery, which was scheduled for August 31, 2015, will be due to the vessel’s operations on its current project. SIOFF

about 11 years ago
WATCH: Island Venture Launched at Ulstein Verft
Subsea

WATCH: Island Venture Launched at Ulstein Verft

Norwegian shipbuilder and designer Ulstein has launched its hull number 302 offshore construction vessel the Island Venture. The largest offshore vessel so far from Ulstein Verft, measures 159.9 meters in length and 30 meters in the beam. The Ulstein SX165-design vessel, which has been redesigned an

about 11 years ago

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Reach Subsea Hikes Q2, H1 Still in Red
Subsea

Reach Subsea Hikes Q2, H1 Still in Red

Norway’s Reach Subsea has bounced back to profit during the second quarter 2015 on higher vessel utilisation after plunging into red in Q1 2015. The Oslo-listed company booked a Q2 2015 net profit of NOK 7.4 million ($900K) compared to NOK 6.9 million ($840K) in a year-ago quarter. The EBITDA was NO

about 11 years ago
WATCH: UBW Presents New Research Submersible
Subsea

WATCH: UBW Presents New Research Submersible

U-Boat Worx (UBW), has launched a transparent 3-person submersible capable of diving to 1,700 meters the C-Researcher 3. UBW, in collaboration with scientists has designed a compact, DNV GL-classed, submersible that enables scientists, policy makers and philanthropists to explore the world’s oceans.

about 11 years ago
Exceed Introduces Decommissioning Collaboration Tool
Subsea

Exceed Introduces Decommissioning Collaboration Tool

Exceed has launched online information management system for the offshore decommissioning market. Exceed has invested in excess of £300,000 in the development of iVISION, an online platform which connects multi-location, multi-discipline teams and business units through one central point where infor

about 11 years ago
NPD Gives Green Light for Gullfaks Subsea Boost
Subsea

NPD Gives Green Light for Gullfaks Subsea Boost

The Norwegian Petroleum Directorate (NPD) has granted the licensees of Gullfaks Sør consent for start-up and operation of new subsea wet gas compressor and umbilical on the Gullfaks field in production licence 050. The Gullfaks project is the second major seabed gas compression project that will be

about 11 years ago