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Subsea

Experts Discuss Prospects of Deep Seabed Mining Industry
Subsea

Experts Discuss Prospects of Deep Seabed Mining Industry

The Oceans Studies Board of the National Academy of Sciences (NAS), together with the Earth Sciences and Resources Board, discussed current developments and prospects for deep sea mining at a meeting held in Washington earlier this month. Manganese nodules, cobalt crusts or massive sulphides: the de

about 9 years ago
Ofgem Picks Transmission Capital Partners for Dudgeon OWF
Subsea

Ofgem Picks Transmission Capital Partners for Dudgeon OWF

Transmission Capital Partners, the consortium comprising INPP, Amber Infrastructure and Transmission Investment has been appointed as preferred bidder for the long-term license and operation of a further offshore transmission project. The latest scheme, comprising the transmission cable connection t

about 9 years ago
Statoil Acquires Martin Linge and Garantiana Equity Stakes
Subsea

Statoil Acquires Martin Linge and Garantiana Equity Stakes

Statoil has informed that it will acquire Total’s equity stakes in the Martin Linge field (51%) and the Garantiana discovery (40%) on the Norwegian continental shelf for a consideration of USD 1.45 billion. As a result of the transaction, Statoil will also receive remaining tax balances with a nomin

about 9 years ago
Ashtead Trusts in iXblue Tech
Subsea

Ashtead Trusts in iXblue Tech

Subsea equipment specialist Ashtead Technology has boosted its rental fleet with an investment of £1 million in the latest iXblue technology over the past 12 months. Ashtead is currently the only rental company to offer the iXblue GAPS-NG system with the new Telemetry capability, Ultra Short Baselin

about 9 years ago
Fortum Buys Stake in Seabased
Subsea

Fortum Buys Stake in Seabased

Finland-based clean energy company, Fortum, has acquired a 10 percent stake in Seabased for an undisclosed value. Seabased is a Swedish company offering wave energy solutions from design, to manufacture and installation of grid-connected wave parks. The company is known for its Sotenäs project that

about 9 years ago

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Highlights of the Week
Subsea

Highlights of the Week

Subsea World News has put together a recap of the most interesting articles from the previous week (November 20 – November 26). Following a request for assistance from the Argentine Government, the Royal Navy patrol ship HMS Protector has been deployed to join efforts to find and rescue an Argentine

about 9 years ago
Aker BP Chooses Name for Gas Field Off Norway
Subsea

Aker BP Chooses Name for Gas Field Off Norway

Aker BP has chosen a name for the 60 kilometer long gas field discovered west of the Skarv field. The company named the field ‘Ærfugl’. The decision came after a name contest organized in collaboration with the local newspaper Helgelands blad, where in total 88 different name suggestions came in, th

about 9 years ago
Explosion Confirmed Close to Argentine Submarine Last Known Location
Subsea

Explosion Confirmed Close to Argentine Submarine Last Known Location

The Argentine Navy has informed that a noise detected near the last known position of the missing ARA San Juan submarine was consistent with the explosion. The data about the explosion was given to the Argentine Navy by the United States after having analyzed the information about hydroacoustic even

about 9 years ago
IFPEN, AFGlobal and Expert Riser Solutions Enter IMR Pact
Subsea

IFPEN, AFGlobal and Expert Riser Solutions Enter IMR Pact

IFP Energies nouvelles (IFPEN), the developer of the Clip-Riser technology, has partnered with AFGlobal and Expert Riser Solutions, who will provide the inspection, maintenance and repair of drilling risers in Brazil and in the USA. IFPEN has also signed a licensing agreement with AFGlobal for the w

about 9 years ago
Parkwind Offers Northwester 2 OWF Export Cable Contract
Subsea

Parkwind Offers Northwester 2 OWF Export Cable Contract

Parkwind has invited bidders for export cable for the Northwester 2 offshore wind farm. According to tender documents, the project encompasses the design, manufacture, supply, installation and termination works of the export cable for the Northwester 2 OWF. The export cable is a 225 kV 3-phase subma

about 9 years ago

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Ofgem Turns Down Shetland Subsea Link Proposal
Subsea

Ofgem Turns Down Shetland Subsea Link Proposal

Ofgem has decided to reject a proposal by National Grid Shetland Link and Aggreko to build a subsea electricity distribution link from Shetland to mainland Great Britain. Scottish and Southern Energy Networks (SSEN), the system operator for Shetland, recommended the proposal in May following a compe

about 9 years ago
Kraken Bags O&G Contract
Subsea

Kraken Bags O&G Contract

Kraken Robotics has been awarded a competitive contract valued at approximately $750,000 for the development of underwater sensors and robotics that should advance digitalization of integrated operations within Newfoundland and Labrador’s offshore oil and gas sector. Contract funding is being provid

about 9 years ago
TasNetworks, ARENA Plan Second Bass Strait Interconnector
Subsea

TasNetworks, ARENA Plan Second Bass Strait Interconnector

TasNetworks and the Australian Renewable Energy Agency (ARENA) announced plans to undertake a detailed feasibility and business case assessment for a second interconnector across Bass Strait between Tasmania and the mainland grid. A second interconnector would allow Tasmania to expand the amount of

about 9 years ago
Mooreast Makes Anchor Deliveries
Subsea

Mooreast Makes Anchor Deliveries

Mooring solution provider Mooreast has delivered 12 units of its 26 ton MA5S anchor. 12 units of 26 ton Mooreast MA5S anchor complete with 10.2 ton ballast in anchor fluke and cutter points on the fluke tips were loaded out from Mooreast’s Singapore Benoi yard. The assembled anchors, with an approxi

about 9 years ago