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UK-Belgian joint venture buys 25-year-old cable-layer
Subsea

New UK-Belgian joint venture buys 25-year-old cable-layer

UK’s Enshore Subsea and Belgian Herbosch-Kiere have partnered to purchase a 25-year-old cable-laying vessel (CLV) in a newly created joint venture. Herbosch-Kiere and Enshore Subsea have purchased the 1999-built, 88-meter-long Topaz Installer vessel, set to be renamed CMOS Installer. The vessel is m

about 2 years ago
Second tranche of investment in for Nauticus Robotics to execute 2024 goals
Subsea

Second tranche of investment in for Nauticus Robotics to execute 2024 goals

U.S.-based developer of subsea autonomous robotic systems and software Nauticus Robotics has secured over $12 million in funding, part of a second tranche of investment, to execute 2024 goals, including augmented autonomy for subsea robots. Nauticus Robotics secured the first tranche of financing be

about 2 years ago
Helix gets decommissioning extension at rates reflecting improved well intervention market
Subsea

Helix gets decommissioning extension at rates reflecting improved well intervention market

Helix Energy Solutions has secured the extension of its decommissioning contract with Trident Energy do Brasil at rates said to be in line with the improved well intervention market. The contract extension, expected to begin in the fourth quarter of 2024, is for an additional 12 months and is in dir

about 2 years ago
Oceaneering reels in $200 million in new contracts
Subsea

Oceaneering reels in $200 million in new contracts

Oceaneering International has secured multiple contracts during the fourth quarter of 2023 with an anticipated aggregate revenue of approximately $200 million. The anticipated revenues from these contracts in Oceaneering’s Manufactured Products segment range in value from less than $10 million to gr

about 2 years ago
Fugro Pioneer in methanol switch
Subsea

Fugro secures Dutch geophysical survey contract

Fugro has been awarded the geophysical survey contract for the development of the Doordewind offshore wind zone in the Netherlands. Fieldwork is planned to commence in April 2024 and will be conducted with Fugro’s geophysical vessel Fugro Pioneer. Onboard are customized digital streamers and process

about 2 years ago
Green light for Italy's €1.3 billion, 1 GW submarine power line
Subsea

Green light for Italy’s €1.3 billion, 1 GW submarine power line

Italy’s Ministry of Environment and Energy Security has given its approval for the Adriatic Link submarine power line, set to facilitate the integration of renewable sources and support energy transition goals in Italy. The Italian Ministry of Environment and Energy Security authorized, through a de

about 2 years ago
Morten Haug Emilsen, Manager for Well Control at AGR.
Subsea

Vår Energi awards Norwegian firm with long-term well control contract

Norwegian energy services company AGR has secured a long-term contract for the provision of blowout and well control studies and associated services to Vår Energi’s activities on the Norwegian continental shelf (NCS). Under the framework agreement, AGR is set to provide services within blowout conti

about 2 years ago
US company boosts survey capabilities on West Coast
Subsea

US company boosts survey capabilities on West Coast

International marine environmental consulting and survey company CSA Ocean Sciences has been granted a non-exclusive General Offshore Geophysical Survey permit which allows it to conduct low-energy marine surveys within a three-mile zone from the mean high tide line along California’s coast. The per

about 2 years ago
Shearwater GeoServices goes to India
Subsea

Shearwater GeoServices goes to India

India’s government-owned energy giant Oil and Natural Gas Corporation (ONGC) has appointed Norway’s Shearwater GeoServices to deliver an ocean bottom node (OBN) survey off the coast of India. According to Shearwater, the venture will showcase its Pearl node technology aboard the SW Tasman, a vessel

about 2 years ago
Snam gauging market interest in hydrogen and CO2 transport and storage
Subsea

Snam gauging market interest in hydrogen and CO2 transport and storage

Italian energy infrastructure operator Snam, in cooperation with Confindustria, has officially launched a market test on hydrogen demand in Italy and, in partnership with Eni, a collection of non-binding expressions of interest for the transport and storage of CO2 within the framework of the carbon

about 2 years ago
TGS-SLB joint venture embarks on its seventh acquisition program
Subsea

TGS-SLB joint venture embarks on its seventh acquisition program

Norwegian provider of energy data and intelligence TGS and oilfield services company SLB are set to perform ocean bottom node (OBN) multi-client acquisition in the U.S. Gulf of Mexico, representing the seventh program within the seismic joint venture. Starting in the first quarter of 2024, Engageme

about 2 years ago
16-year-old vessel returns to VARD for conversion
Subsea

16-year-old vessel returns to VARD for conversion

A Canadian company active in the offshore oil & gas and energy sectors has appointed Norway’s VARD to convert a platform supply vessel (PSV) that it built 16 years ago into a cable-laying vessel (CLV). I.T. International Telecom Marine (IT) is a Halifax-based marine network installer offering deskto

about 2 years ago
Eidesvik and DEME shake hands for ship management agreement extension
Subsea

Eidesvik and DEME shake hands for ship management agreement extension

Eidesvik Offshore has signed an extension to its ship management agreement with DEME for the construction support vessel (CSV) Viking Neptun. Eidesvik has provided full technical management, crewing and operation of Viking Neptun since December 2022 and this agreement extends the firm period to Janu

about 2 years ago
After TotalEnergies and PTTEP, Shell joins wave power for subsea equipment project
Subsea

After TotalEnergies and PTTEP, Shell joins wave power for subsea equipment project

Energy major Shell has joined the Renewables for Subsea Power (RSP) collaborative project which is powering subsea equipment off the coast of Orkney, Scotland, through a combination of wave power and subsea energy storage. The £2 million demonstrator initiative, nearing 12 months in the water, has c

about 2 years ago
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