Subsea
Reach Subsea Returns to Profit
Reach Subsea has bounced back in black as it saw revenue increase of 52 percent during the third quarter of 2017. For the quarter, the Norwegian contractor booked profit of NOK 2.8 million, or NOK 0.2 per share, on revenue of NOK 131 million, versus net loss of NOK 6.2 million, or NOK 0.8 per share
SBSS Scoops Cable Installation Jobs
S. B. Submarine Systems (SBSS) said it has received multiple contract awards across the submarine telecommunications and subsea oil and gas markets in Indonesia. In the latter, PT Saipem has awarded SBSS the full cable installation scope for the BP Tangguh Phase 2 project. The work scope includes th
Petrobras Brings Libra On Stream
Petrobras and its partners have started oil production in Libra block, in the Pre-salt of Santos Basin, with the beginning of operation of Pioneiro de Libra FPSO, dedicated to extended well tests and early production systems. This is the first Petrobras unit equipped to reinject all the gas produced
HYPACK Software for Sonardyne’s Solstice Sonar
HYPACK, a Xylem brand, has announced that its HYPACK MAX and HYSWEEP hydrographic surveying packages can now be used to process and display data from Sonardyne’s Solstice side-scan sonar. The addition of the Sonardyne proprietary file format means that HYPACK users can gather Solstice sonar data, pr
Boskalis Boosts Subsea Fleet
Royal Boskalis Westminster (Boskalis) has added two diving support vessels (DSVs) to its subsea services portfolio. The company said it has reached an agreement with the bondholders of the two former Harkand vessels under which it has acquired the DSV Atlantis for approximately USD 60 million and ha
Ørsted Partners with CWP on Taiwan OWF Substructures
Offshore wind major Ørsted said it has signed a memorandum of understanding with Century Wind Power (CWP), a subsidiary of Century Iron & Steel Industrial, to collaborate on turbine foundation manufacturing for Greater Changhua projects. Based on the MoU, both parties will work on the common goal to
Prysmian’s New Solution to Prevent Subsea Cables Damages
Prysmian has found a new solution to prevent subsea cables damages and minimize downtime and costs in the event of fault. The new solution, named Power Link Cable Solutions, is a service capable of offering a complete set of cloud-based systems. Power Link Cable Solutions provides a 24/7 wireless mo
SMD Revamps MD3 Plough for Orange Marine
Soil Machine Dynamics (SMD) has successfully completed an upgrade to the MD3 plough recently acquired by Orange Marine. The plough, which was delivered to the SMD Services team for refurbishment in July, received a full control system upgrade and extensive overhaul. The project involved replacing th
GEBCO-NF Alumni Team Completes XPRIZE Testing Phase
Supported by Kongsberg experts and technology, the GEBCO-NF Alumni Team, one of 19 semi-finalist teams competing in the $7-million Shell Ocean Discovery XPRIZE competition, has completed technology readiness tests of its unmanned surface vessel (USV) / autonomous underwater vessel (AUV) concept and
OGA Releases New UKCS Seismic Data
The Oil and Gas Authority today released the results of the £20 million UK Government-funded seismic programme to promote exploration activity in under-explored areas of UK Continental Shelf. This data will support the forthcoming 31st offshore licensing round which will open in mid-2018. This datas
Skandi Darwin Begins Contract on Shell Prelude FLNG
DOF Subsea’s Skandi Darwin vessel has started its contract with Shell Australia on Sunday. DOF Subsea secured the contract for the provision of IMR services and a multi -purpose supply vessel for the Prelude FLNG facility in July 2016. The contract is for five years with two two-year options. Mons S
Khankendi Wraps Up Its First Caspian Sea Job
The subsea construction vessel (SCV) ‘Khankendi’, built for Shah Deniz 2 project, has completed its first project installation activity in the Caspian Sea offshore Azerbaijan. The official launch of the new $378-million vessel took place in Baku in September this year. The vessel is 155 meters in le
DOF Subsea Secures Work for Vessels in Subsea IMR Segment
DOF Subsea has secured multiple contracts for vessels in the Subsea IMR projects segment. In the Atlantic region, the contracts for Skandi Neptune and Skandi Constructor have been extended until the end of the year and end of January 2018, respectively. Both vessel are working within wind industry.
McDermott Takes Skandi Niteroi for Atlanta Field Campaign
Skandi Niteroi, a Brazilian-built pipelay support vessel (PLSV) owned by the joint venture between DOF Subsea (50%) and TechnipFMC (50%), has been awarded a contract by McDermott on the Atlanta Project for Queiroz Galvão. The vessel will start the contract in November, and the contract has a duratio