DOF Subsea has been awarded various contracts, securing utilisation 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 beginning of April and end of February 2018. Skandi Skansen’s contract with
BP has started gas production from the Atoll Phase One project, offshore Egypt. The project, in the North Damietta concession in the East Nile Delta, was delivered seven months ahead of schedule and 33% below the initial cost estimate, according to BP. The project is now producing 350 million cubic
Ocean Energy Systems (OES) has published a paper that describes the state of knowledge that drives permitting processes for the marine renewable energy (MRE) industry and its effects on the development of sector.
Sourcing the inspiration from the pitch control of wind turbine blades, National Renewable Energy Laboratory (NREL) researchers have developed a new design for wave energy converters.
Nautilus Minerals has completed the submerged trials for its seafloor production tools In Papua New Guinea. The equipment is currently being prepared for shipment to China where it will be integrated onto the production support vessel (PSV) being built for Nautilus’ Solwara 1 subsea mining project.
The Coastal Communities Fund (CCF) has opened the fifth round of funding for projects that will support the economic development of coastal communities in Wales.
The European Technology and Innovation Platform for Ocean Energy (ETIP Ocean) has organized a webinar dedicated to exploring grant funding support mechanisms for energy technologies at early stages of development.
IKM Subsea Singapore has secured a double contract award. The first is a contract to provide 2 ROVs for a FNLG mooring installation in Bangladesh. IKM Subsea provided one Merlin WR200 and a Comanche with the necessary tooling onboard the vessel Jumbo Javelin. IKM was chosen due to previous experienc
Ultra Deep Solutions has said it is exploring the cost to build a 5000-ton lift DP3 deepwater flexible pipelay vessel. Reportedly, the vessel would be capable of S-lay and J-lay installation method down to 3800 msw. According to UDS, the vessel will be built for an end client who is looking also at
National Oceanographic Centre (NOC) has started trials at the PLOCAN facilities on a new autonomous oceanographic device consisting of a wireless submarine telemetry system for great depths. The objective of the trials is to assess the performance and functionality of the wireless communications sys
ION Geophysical has reported revenues of $57.9 million in the fourth quarter 2017, a 64% increase compared to revenues of $35.4 million one year ago. ION’s net loss was $1.4 million, or $(0.12) per share, compared to a net loss of $6.5 million, or $(0.55) per share in the fourth quarter 2016. Exclud
Sparton Corporation and Ultra Electronics joint venture ERAPSCO has been awarded subcontracts valued at $28.4 million to manufacture sonobuoys for the United States Navy. The award is a GFY18 ERAPSCO Indefinite Delivery Indefinite Quantity (IDIQ) contract release for sonobuoy requirements under ERAP
Tidal Energy Today has compiled the top news from tidal and wave energy industry from February 5 – 11, 2018.
Subsea World News has put together a recap of the most interesting articles from the previous week (February 05 – February 11). https://subseaworldnews.com/2018/02/06/royal-ihc-advances-with-subsea-7-reel-lay-vessel-project/ https://subseaworldnews.com/2018/02/07/bibby-offshore-strikes-dunlin-decom-
