Polarcus has signed a Letter of Intent (LOI) with TGS for the sale of its multi-client projects in Northwest Europe and West Africa in return for a cash consideration of USD 27.5 million and future revenue share on library late sales. Polarcus’ 22,130 sq. km. Capreolus 3D survey offshore Australia d
Ocean energy company, BioPower Systems (BPS), has completed the construction and onshore testing of a 250kW bioWAVE pilot demonstration unit. The project is supported by an $11 million grant from the Australian Renewable Energy Agency (ARENA), a $5 million grant from the Victorian Government and $5
Subsea World News has put together a recap of the most interesting articles from the previous week (June 22 – June 28). Technip UK has been fined £160,000 by Aberdeen Sheriff Court after admitting a breach of regulations covering health and safety of workers. Namely, in March 2009, David Stephenson
Wave Hub, a test site off Cornwall, provides shared offshore infrastructure for the demonstration and proving of offshore renewable energy technologies. Wave Hub test site is located 16 km off the north coast of Cornwall in South West England. The site offers four berths for testing offshore renewab
CSIRO will be deploying a fleet of floating bio-robots between Christmas Island and Madagascar next week to help gain an understanding of the physical and biological workings of the Indian Ocean. The BioArgos, being released by CSIRO, are equipped with tiny sensors that can measure biological indica
The Research Council of Norway has granted up to NOK 25 million to “MarMine”, a research project on marine mineral resources. The project is coordinated by the Norwegian University of Science and Technology (NTNU) and has a strong industrial basis and participation. Nordic Mining’s subsidiary Nordic
Sabella, a Frech tidal energy developer, has installed its D10 tidal turbine at Fromveur Passage, off Ushant Island. Sabella has completed the turbine installation yesterday, June 25, at 6.30 pm. Tidal Energy Today spoke to Sabella who confirmed that the company will continue with the operation of c
International submarine cable SEA-ME-WE 4 has experienced a fault in Arabian Sea, impacting internet services in the region. The restoration work has been initiated by the international consortium that manages the submarine cable. Pakistan Telecommunication Company Limited (PTCL) informed that they
GAC Hong Kong informed yesterday that, for approximately one week, marine works involving removal of submarine tracking cables and concrete blocks will be carried out between Hei Ling Chau and Sunshine Island. Accoding to GAC, the works will be carried out by one crane boat. Some work boats will pro
Deepwater rigid pipe S-lay and heavy lift vessel ‘Global 1200’ has left Damen Shiprepair Rotterdam, after a major upgrade. The vessel arrived at the yard in January 2015 and underwent special periodical survey works, upgrades and operational modifications, Damen informed through social media. The up
The following video shows how the French vessel owner and offshore services provider, Bourbon, delivered the installation of subsea electrical cable for SABELLA’s D10 tidal energy project off the island of Ushant, France. After 2 weeks of preparation, the laying of the electrical cable was conducted
Sabella is currently performing the deployment operation of its 1 MW D10 tidal turbine in Fromveur Passage, off Ushant Island, France. The team on-board Combi Lift’s cargo ship Palembang is performing the installation of the turbine. After the immersion, Sabella will run tests to ensure the deployme
An experiment to detect oil spills, URready4OS, is being performed until Friday near the port of Cartagena, Spain. A European project, coordinated by the University Polytechnic University of Cartagena (UPCT), will see a fleet of autonomous underwater vehicles (AUVs) and aerial drones put on trial on
UTEC Geomarine has completed the first phase of a geotechnical site investigation in the Caspian Sea for a major oil and gas operator. The project was completed using a remotely operated vehicle (ROV) geoROV seabed cone penetration test (CPT) and sampling system, geoREACT suction skid, and a special
