Subsea
Wintershall Gets Nod to Start Up Maria Ahead of Schedule
German operator Wintershall has been granted a consent from the Norwegian Petroleum Directorate (NPD) to start-up production from the Maria field in the Norwegian Sea, ahead of schedule. Production start-up is planned for December 2017, about 10 months ahead of the original plan, which was for start
Bombora Wave Power Makes Board Changes
Bombora Wave Power has made a number of changes to its board of directors including the appointment of Richard Beresford as a new chair. Beresford has held senior corporate roles at Woodside (Australia), CLP Power (Hong Kong) and BG (UK & Indonesia). He currently holds non-executive directorships at
Otary Seeks Cabling Contractor for Mermaid and Seastar OWFs
Belgian offshore wind farm developer group Otary has launched a public call for tenders for the supply and installation of submarine high voltage cables on Mermaid and Seastar offshore wind farms. The EPCI contract (engineering, procurement, construction, installation) would cover subsea cables and
EMGS Nets LoI for Two Shoots Offshore Indonesia
Electromagnetic Geoservices ASA (EMGS) has received letters of intent for two prefunded multi-client acquisitions offshore Indonesia. The two contracts represent a combined minimum gross contract value of USD 2.8 million. Subject to inter alia final and binding contracts for the work, EMGS expects t
Trendsetter Wraps Up Another Hydrate Remediation Project
Trendsetter has completed another project utilizing the subsea hydraulic stimulation system known as STIM. The latest project involved the use of the STIM system to conduct hydrate remediation and flowline decommissioning in the Gulf of Mexico. The flowline, which was 20 miles long and located in 4,
Rovco Secures Sustainable Ventures Investment
UK subsea company Rovco has secured a six-figure investment from London-based Sustainable Ventures to help fast-track its growth plans. The investment will support Rovco as it enhances its range of subsea AI and 3D services, the company said. Through its Accelerator programme, Sustainable Ventures w
GEOMAR, INDP Open Ocean Science Centre Mindelo
After almost three years of construction, the Ocean Science Centre Mindelo (OSCM) has officially started its scientific operation. The international research and logistics station, which is operated jointly by the GEOMAR Helmholtz Centre for Ocean Research Kiel and the National Institute for Fishery
Shearwater Secures ONGC Survey Gig
Shearwater GeoServices has been awarded a 3D broadband marine seismic acquisition contract by ONGC for the planned 2017/2018 field season. The surveys are expected to take approximately five months with the main streamer vessel mobilizing to the APAC Region in the fourth quarter 2017. Irene Waage Ba
Sapura Energy Nets Multiple New Contracts
Sapura Energy Berhad has, through its subsidiaries, secured several contracts with a combined value of approximately RM 1.47 billion ($352.6 million). In Malaysia, Sapura Offshore has been awarded contracts to undertake the 2018 scope of work in relation to the Pan Malaysia transportation and instal
DNV GL Issues Revision of Its Pipeline Standard
DNV GL has updated its offshore pipeline standard to reflect the latest pipeline research and developments. The standard, previously called DNV-OS-F101 is now renamed DNVGL-ST-F101. Around 65% of all new projects globally are designed according to the standard, first issued in 1976. The new revision
Siem Moxie Supports Rentel OWF Inner Array Cable Installation
Siem Offshore Contractors’ walk-to-work installation support vessel Siem Moxie has began work to support the completion of the inner-array grid cable installation on the Rentel offshore wind farm off the coast of Belgium. SOC’s Siem Moxie went on charter to Tideway, part of Belgian DEME, to support
Hydro Group Systems Nets US Navy Deal
Hydro Group Systems, subsidiary of subsea cable and connector specialist Hydro Group, has secured its inaugural contract in the US, worth an estimated $550,000. The company has secured a contract with the US Navy to supply neutrally-buoyant plow umbilicals for the Military Sealift Command, an organi
EIB Continues Funding Prysmian R&D Projects
The European Investment Bank (EIB) and Prysmian, specialist in the energy and telecom cable systems industry, have finalised financing of €110 million intended to support the Group’s 2017-2020 R&D plans in Europe. Specifically, the EIB financing will be put towards: Industrial research: research on
DOF Subsea Sees Earnings Drop
DOF Subsea, a subsidiary of DOF Group, reported profit in the third-quarter 2017 of NOK 138 million (close to $17 million), compared with profit of NOK 170 million ($20.8 million) in the corresponding period in 2016. Sequentially, profit was increased from NOK 88 million or $10.8 million. In the thi