Royal Boskalis Westminster said it has reduced its holding in Fugro to 9.38 percent. This is the second reduction of interest in Fugro this month by the Dutch dredging and marine specialist. The new reduction was accomplished through a successful accelerated bookbuild via which 12,685,878 (15%) cert
Intertek Energy & Water has been appointed by the UK’s Joint Nature Conservation Committee (JNCC) to undertake a study of potential impacts on mobile sandbanks associated with rock dumping during the decommissioning of oil and gas infrastructure. The study will focus on the North Sea’s North Norfolk
The preliminary third-party analysis of the data collected from the monitoring equipment on OpenHydro tidal turbine, installed in the Bay of Fundy, has begun.
DeepOcean has secured a contract from Statoil for survey and light construction services in 2017. Offshore work will be undertaken in 2017 with a vessel from DeepOcean’s in-house fleet and survey ROV ‘Superior’. The Superior carried out its first commercial project for Statoil in 2016 under the same
EnerMech has secured its first contract in the Australian oil and gas market from Subsea 7. The company will perform a range of subsea flowline and umbilical pre-commissioning on the Woodside-operated North West Shelf (NWS) Project’s Persephone project and North Rankin Complex in Western Australia.
James Fisher and Sons’ subsidiary JFD has expanded into the Chinese market through the signing of a joint venture with Wuhu Diving Equipment Factory. Wuhu Diving Equipment Factory is a subsidiary of Shanghai Salvage Company (SSC). SCC recently awarded a £35-million contract to JFD to manufacture a 2
Scottish renewable energy businesses are working on a number of renewable energy projects, including tidal and wave, in more than 40 countries around the world.
Nord Stream 2 AG and Allseas have signed a letter of intent covering the offshore pipelay capacities for the Nord Stream 2 Pipeline through the Baltic Sea. The Letter of Intent ensures that Allseas will undertake offshore pipelay works for the first line and also provides the option to book capaciti
In conjunction with geophysical and geochemical surveys currently being acquired by its sister company Searcher Seismic, Ecosscope is acquiring environmental baseline data in the Gulf of Papua. Ecosscope and project partners Blue Ocean Monitoring and Gardline Marine Sciences deployed an autonomous s
Mirait Technologies Australia has signed a contract with Hawaiki Submarine Cable LP, the owner and developer of the Hawaiki submarine cable system, for the build of terrestrial infrastructure in Sydney. The Hawaiki submarine cable system is a new trans-Pacific cable, which will link Australia and Ne
REM Offshore has completed its financial restructuring and merged with Solship, a wholly owned subsidiary of Solstad Offshore. The merger was completed as a statutory triangular merger, whereby Solship is the surviving company. The consummation of the merger between REM and Solship, with considerati
Norwegian provider of subsea and offshore construction vessels, Olympic, said on Friday it has obtained support from its key stakeholders for the financial restructuring of the Group. Through implementation of the restructuring, a new pure-play subsea structure will be created and NOK 400 million in
Offshore services player Helix Energy Solutions has experienced ‘unexpected delays’ with its operations in Brazil as it anticipated an earlier start of its well intervention campaign for Petrobras. Namely, when in June this year Petrobras and Helix finalised amendments to their well intervention ser
The European Commission (EC) has concluded that Belgian plans to finance electricity generation from offshore renewable energy are in line with EU state aid rules.
