Seatronics, an Acteon company, and Norwegian associates RTS, are said to have achieved 100 successful global installations with the subsea deflection monitoring system (SDM). The RTS-built SDM is used for the deployment and installation of subsea structures, and, according to Seatronics, aims to red
A new report by energy research and consulting service, Douglas-Westwood (DW), predicts a major decline in deepwater oil and gas projects spending in the next four years. Namely, DW anticipates deepwater expenditure to total $137 billion between 2016 and 2020. A rapid 35 per cent drop compared to DW
The vessel Go Pegasus will carry out pre-lay survey and pre-lay grapnel run for the cable laying campaign of the second deep water cable of the Western HVDC Link in the Irish Sea, AWJ Marine informed Wednesday. This installation campaign will take place over a distance of about 120km, starting in Li
Bourbon has ended the year 2015 in red as the lower utilization rate and an negative unrealized foreign exchange drove the company into a loss. French vessel owner and offshore services provider has taken a €76.6 million ($84 million) net loss (group share) in 2015, compared to €73.7 million net pro
Fugro has begun preliminary site investigations at the Hollandse Kust (zuid) Wind Farm Zone in the Dutch sector of the North Sea. The site characterisation specialist will perform geophysical surveys from its 54-metre multi-purpose survey vessel, Fugro Pioneer and the 40-metre Victor Hensen. Accordi
ABB has received an order, worth around $140 million, from transmission system operators Energinet.dk in Denmark and 50Hertz Transmission in Germany to design, supply and install an HVDC converter station in Bentwisch, Northern Germany. The HVDC Light “back-to-back” converter station, the first of i
Polarcus has kicked off production in the first of a series of three 3D seismic projects offshore Brazil. The project is being acquired using the Polarcus A-Class 3D seismic vessel, Polarcus Alima. The first project is being acquired for Chariot Brasil Petróleo e Gás Ltda and the duration of the com
Technip Angola Engenharia Limitada, a joint venture between Technip and Sonangol, has secured a three-year engineering services contract from Total E&P Angola. This contract covers services for the existing Girassol, Pazflor, Dalia and CLOV floating production storage and offloading (FPSO) units and
Det norske has been given permission to carry out manned underwater operations in the period from January 1 to December 31, 2016. According to the Petroleum Safety Authority Norway, the consent covers operations at Bøyla, Boa, Volund, Øst Kameleon, Viper Kobra and Alvheim FPSO. Under framework agree
The first power from the Shetland Tidal Array project has been exported to the grid, Nova Innovation and ELSA announced on Wednesday. The first Nova M100 turbine of the array delivered power to the Shetland grid following a winter of operations and testing. The Shetland Tidal Array is a joint enterp
DONG Energy has placed contracts with three different UK companies for the array cables at its 580MW Race Bank offshore wind farm, marking the first time this Denmark-based energy company is using UK suppliers for the entire provision, installation and protection of array cables at one of its offsho
Boskalis has seen a profit drop of 10 per cent in the 2015 and said it expects a ‘substantially lower’ 2016 full-year result, compared to last year’s satisfactory bottom line, despite tough market conditions. The Dutch dredging and marine specialist generated net income of €440 million on revenue of
The energy produced from the first tidal turbine from the Shetland Tidal Array project has been exported to the grid. The first Nova M100 turbine of the array delivered power to the Shetland grid following a winter of operations and testing, Nova Innovation informed. The Shetland Tidal Array is a jo
TPG, an operator of PIPE Pacific Cable 1 (PPC-1) system stretching from Sydney to Guam, informed that the cable vessel started the repair work on the faulty cable. Since the vessel, which usually conducts the repairs in the region, Ile De Re, is working on the repair of the Basslink cable, the compa
