Subsea
Subsea 7 Becomes Shareholder of Airborne Oil & Gas
Airborne Oil & Gas (AOG) informed that Subsea 7 has joined its shareholder base. The investment by Subsea 7 entails a partnership of strategic importance to both parties providing the oil & gas industry with cost effective pipe technology solutions, the company said. Marnix Boorsma, CEO Airborne Oil
Lewek Connector Gets Hornsea Project One Cable Lay Gig
Norway-based offshore vessels owner Ocean Yield has entered into a time charter contract for the vessel Lewek Connector. The charter is scheduled to start about March 1, 2018 with a firm period of 130 days, plus up to 130 days extensions in the charterer’s option. The vessel will conduct cable lay o
Fugro Completes Trenching and Cable Laying Division Divestment
Fugro has finalized the divestment of its non-core trenching and cable laying business to Global Marine Group (GMG). GMG has acquired the business in exchange for an equity stake of around 24% in the combined business valued at USD 65 million, and a one year secured vendor loan of USD 7.5 million. T
Saipem Lands Manifa Work
Saipem has been awarded a new E&C offshore contract by Saudi Aramco for engineering, procurement, construction (EPC) activities in Saudi Arabia, under the long-term agreement renewed in 2015 until 2021. The contract’s main scope of work includes the engineering, procurement and construction of a new
Kraken Books $1.6M in Q3 Revenues
Newfoundland-based marine technology company Kraken Robotics said it has generated revenues for the three months ended September 30, 2017 of $1.6 million, compared to $0.9 million same time last year. Revenues during the quarter related to delivery of the company’s AquaPix MINSAS sensor product to t
MacArtney Provides Winches for Borkum Riffgrund OWF
MacArtney has supplied winches for cable-pulling operation on the Borkum Riffgrund offshore wind farm project. The scope of supply of this Fulgor/Hellenic Cables order includes two MacArtney 150 kN and 200 kN electrical cable pulling winches. The purpose of the winches is to bring inter array cables
Nord Stream Pipeline Achieves 200bcm Milestone
Nord Stream has to date delivered a total volume of 200 billion cubic metres (bcm) of natural gas from Russia to the European Union. The twin offshore pipeline through the Baltic Sea has the designed capacity to transport 55 bcm per year. The pipelines’ utilised capacity has increased year after yea
Jan De Nul, Smulders Build Gravity Based Foundations for Kriegers Flak
Jan De Nul Group and Smulders have joined forces to build two gravity based foundations (GBF) for the high voltage station of the Danish offshore wind farm Kriegers Flak. The foundations, weighting 10,000 tonnes and 8,000 tonnes, consist of a concrete part and a steel structure on top of it. Jan De
Ashtead Aims at GoM Market with New Appointments
Subsea equipment specialists, Ashtead Technology, has appointed Steven Thrasher as regional vice president for the Americas. Thrasher, who will be based in Houston, Texas, will head up Ashtead’s US operation as it gears up for further growth in the Gulf of Mexico (GoM) and neighbouring markets. Prio
DiveSource Nets Contract from UK North Sea Operator
Aberdeen-based dive consultancy, DiveSource, has secured a master service agreement with an unnamed UK North Sea operator for the provision of company subsea representatives and consulting services. The contract is for three years with two optional one-year extensions. The award of the contract has
Hydroid Welcomes New VP of Engineering
Hydroid, a subsidiary of Kongsberg Maritime and manufacturer of marine robotics, has appointed Dr. Andrew K. Rogers as vice president of engineering. Rogers is a strategic corporate leader with more than twenty-eight years of experience that spans a broad range of technologies and markets. In his ne
Tower Awards Seismic Data Reprocessing Deal to DMT Petrologic
Tower Resources has awarded DMT Petrologic a contract to reprocess 3D seismic data over and around Tower’s Thali license in Cameroon. The contract covers merging and reprocessing data from five existing surveys, to cover an area of approximately 500 km2. The area includes Thali block and the surroun
Hydrex Patches Up Chemical Tanker in Amsterdam
Antwerp-based underwater repair and maintenance specialist, Hydrex, has carried out a permanent insert repair on board a 145-meter chemical tanker that had suffered a crack in its port side grey water tank. The work was carried out during the vessel’s stop in Amsterdam. Following an on-board and und
Tracerco Enhances Its Subsea Pipelines Scanning Technology
Tracerco has launched a new fast scanning application for its subsea pipeline inspection instrument, Discovery. The company said that following customer feedback, it developed a new method, specifically for detecting the presence of localised metal loss defects on subsea pipelines, up to 5 times fas