Ocean Power Technologies (OPT) has entered into PB3 PowerBuoy lease agreement with Mitsui Engineering and Shipbuilding.
Remotely operated vehicle provider ROVOP has been awarded £3 million worth of new contracts, which sees the company expanding into two new territories. For the first time ROVOP will complete projects in South East Asia and Mexico, signalling success for both its Aberdeen and Houston bases. In additi
Subsea 7 informed about the early termination of the day-rate contract for its pipelay support vessel (PLSV), Seven Mar, working for Petrobras, offshore Brazil. According to the company, the termination is effective May 31, 2016. The contract was due to expire at the end of 2016, and as a result Sub
Beothuk Energy has, through its engineering firm Maderra Engineering, contracted Fugro GeoSurveys for its offshore wind farm project in St. George’s Bay, Newfoundland and Labrador, Canada. Fugro GeoSurveys, a division of Fugro Canada Corp., specializes in seafloor mapping, geotechnical, geological/s
E.ON has chosen SGS, a Hamburg-based inspection, verification, testing and certification company, to carry out periodic service inspections at the 302MW Amrumbank West offshore wind farm located some 35 kilometers north of the Heligoland in the North Sea. Under the contract, SGS will perform periodi
DOF Subsea has been awarded several ROV and diving contracts for the vessel Skandi Achiever in the North Sea and the North America region, securing utilization of the vessel until end-October 2016. Following completion of ongoing commitments in the North Sea, the vessel will mobilize to Canada for R
4Subsea has secured an extension of a framework agreement with Statoil, covering ten installations on the Norwegian Continental Shelf. The original agreement was signed in 2012 with the duration of four years and an option for additional two years. The agreement has now been extended to June 2018, t
MDL Energy, through it’s Singapore subsidiary, WaterBridge Ventures will be investing in a series of new-build vessels based on its proprietary new design (V 4910). Reportedly, these vessels are aimed at both the oil and gas IMR market including walk to work, diving and ROV operations, as well as in
India-based offshore services provider, MDL Energy, through its Singapore subsidiary, WaterBridge Ventures, will be investing in a series of new offshore support vessels based on its proprietary new design V 4910.
Technip has been awarded a “major” contract to develop the Bahr Essalam Phase II development in the Central Mediterranean Sea. For Technip, a “major” subsea contract is ranging from €500 million to €1 billion, the company noted. This natural gas field development, which is operated by Mellitah Oil &
OpenHydro, a DCNS company has deployed the second turbine bound for EDF’s Paimpol-Bréhat tidal array. When the turbines are connected to the grid over the summer, the project will be the world’s first grid-connected tidal array. After leaving the port of Brest on May 26, the turbine reached its site
Norwegian contractor Reach Subsea has booked a negative result in the fourth quarter 2016, caused by a challenging market conditions, transit periods and planned docking. For the quarter, Reach Subsea recognised net loss of NOK 15 million, or NOK 0.19 per share, on revenue of NOK 86 million, versus
Eco Wave Power (EWP), an Israeli wave energy developer, has held a ribbon-cutting ceremony last week marking the start of operation of the wave energy plant in Gibraltar.
Prysmian Group announced that the high voltage power cable link between Sicily and Calabria has been handed over to its customer Terna Spa Rete Elettrica Nazionale. “We are proud to provide the best technology and know-how owned by our Group, worldwide leader in this sector, for such a strategic lin
