Subsea
Global Marine Lands Tampnet Double
UK-based Global Marine Systems Limited has landed a pair of contracts from Tampnet, who operates the “largest offshore high-capacity communication network in the world” in the North Sea and the Gulf of Mexico. The first project is for a platform to platform cable system that includes four branching
IMCA Launches Intro to INS
The International Marine Contractors Association (IMCA) published ‘An Introduction to Inertial Navigation Systems’ (IMCA S 022) produced for the association by Gordon Johnson under the direction of the IMCA Offshore Survey Division Management Committee. IMCA published this introduction due to the in
Saipem Hikes Profit
Italian contractor Saipem has seen profit rise despite tough market conditions. The company posted earnings for the first quarter of 2015 (ended March 31, 2015) of €77 million, versus €61 million in the first quarter of 2014. Revenues in the fourth quarter were up, amounting to €3 billion, an increa
Keynvor MorLift Expands ROV Fleet
Keynvor MorLift Ltd has added a second Saab Seaeye Cougar XT to their ROV fleet. Keynvor MorLift (KML) specialises in deploying Cougars for operational, installation and maintenance work at tidal energy project sites in the UK and Northern Europe, Saab Seaeye wrote. “Being able to work in a strong t
Subsea Innovation Revamps LARS
Subsea Innovation has refurbished a Launch and Recovery System (LARS) for a major offshore oil & gas contractor. In its most recent project, the Darlington-based company undertook the complete strip down of the Launch and Recovery System at its new, purpose-built manufacturing facility. The LARS was
Stork Secures Bibby Offshore Deal
Stork has been awarded a three year Frame Agreement focusing on the UKCS and Norwegian sectors, by Bibby Offshore. It is the first Frame Agreement Stork has signed with Bibby Offshore. The agreement, which comes with two one year extension options, will allow Stork to deliver subsea bolt tensioning
Siemens Hands Over SylWin1 to TenneT
Siemens has handed over SylWin1, the third North Sea grid connection this year, to its customer TenneT. The German-Dutch transmission grid operator has now put the “world’s most powerful grid connection to date” into commercial operation. The offshore platform of the SylWin1 grid connection is locat
Keel Laid for Norwegian Research Vessel (Spain)
Gondan Shipyard has celebrated the keel laying ceremony of the new Oceanographic Research Vessel for the Institute of Marine Research (IMR) of Bergen, Norway at its facilities in Figueras. The official keel laying ceremony, marks the start of the assembly of the hull in the slipway. Several represen
Navy Divers Remove Explosive Ordnance Off Italy
During the weekend of April 21st and 22nd, the Italian Navy conducted an underwater search for explosive ordnance near ” Marina del Cantone ” beach. During the search the Navy team found a bomb of English production with about 120 kg explosives inside. The bomb, found at the depth of seven meters, i
Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (April 20 – April 26). The Houston-based oilfield services major, Schlumberger, is slashing another 11,000 jobs as it fells the impact of downturn in oil prices and lower E&P spending. In January this
ROVOP Opens New HQ, Welcomes BGF Investment
Fergus Ewing, Minister for Business, Energy & Tourism, visited ROVOP as the company welcomed guests and new investment partner Business Growth Fund (BGF) to the new facility. The investment from BGF will be used to fuel ROVOP’s growth following its recent international expansion with a Western Hemis
Ocean Business 2015 Surpasses Expectations
Last week’s Ocean Business show at the National Oceanography Centre (NOC) in Southampton saw the number of visitor up 29%, taking attendance to 4589 visitors. Versha Carter, Group Director for Ocean Business commented, “We are absolutely thrilled at the success of Ocean Business. It has once again s
Cecon ASA Goes Bankrupt
Arendal-based subsea contractor Cecon ASA has requested the City Court of Aust-Agder to declare the company bankrupt having failed to present a plan for a compulsory composition. The company has over the last four months explored options for a solution to the debt restructuring, which would have giv
WATCH: ROV Surveys Sunken ‘Oleg Naydenov’
The following footage shows an ROV inspection at a depth of 2,700 meters, offshore Gran Canaria, where Oleg Naydenov sank with nearly 1,500 tonnes of fuel. A remotely operated vehicle (ROV) was deployed on Tuesday, April 22 to inspect the wreck located approximately 24 kilometres off the southern co