VARD has secured a contract with Denmark’s NCT Offshore for the design and construction of a cable laying vessel (CLV) of VARD 9 01 design. The vessel is designed by Vard Design in Ålesund, Norway, the hull will be built at Vard Tulcea in Romania, while the final outfitting, commissioning and delive
Inelfe, a joint venture between the Spanish transmission system operator (TSO) Red Eléctrica and the French counterpart RTE, has awarded the engineering, procurement and construction (EPC) contracts for an electricity interconnection project that will link the two countries. The Biscay Gulf project
Italian cabling giant Prysmian Group has reported that 2022 was its best year ever in terms of financial results as its profits and cash generation had grown by over 50 per cent. For 2022, Prysmian’s adjusted EBITDA amounted to €1,488 million, representing a +52.5 per cent growth compared to 2021, w
International Marine Contractors Association (IMCA) has launched a new approval process for remotely operated vehicle (ROV) introductory training courses due to an increase in false certificates. IMCA reported on 9 March that it had introduced a new scheme to address the safety concerns of this unau
UK’s James Fisher Subtech (JF Subtech) has signed a seasonal charter agreement with Norwegian vessel operator Østensjø Rederi for the exclusive use of its inspection, repair and maintenance (IRM) and construction vessel. The agreement will see the Edda Savanah mobilized in April for work in the Nort
DEME Group’s subsidiary G-tec has signed a multi-year charter agreement with Irish Mainport Holdings for its DP2 survey vessel Mainport Geo, following growing demand from the offshore wind industry. G-tec said that the new vessel will enable it to further enhance its site investigation techniques. T
INEOS and Wintershall Dea marked a major milestone and a world first on 8 March with the first-ever injection of CO2 in the North Sea as part of Project Greensand. Project Greensand includes capturing CO2 at an INEOS Oxide site in Zwijndrecht, Belgium, which is transported cross-border and stored in
Kraken Robotics is set to support N-Sea with cable burial survey services during cable inspection and remedial burial campaign for an interconnecting power cable asset in the North Sea. Kraken Robotics has mobilized its 3D acoustic Sub-Bottom Imager (SBI) survey sensor to a vessel under the control
Shearwater GeoServices has secured a third project offshore South Korea with Korea National Oil Corporation (KNOC). Under the contract, Shearwater GeoServices will deliver a 3D streamer survey covering 1,200 square kilometers. “We are proud to again have been chosen by KNOC for an important survey i
Texas-headquartered Perma-Pipe International Holdings has secured a contract of over $9 million for Beacon Offshore’s Winterfell Project in the U.S. Gulf of Mexico. The contract will see Perma-Pipe’s FLOW-THERM subsea wet insulation applied to the flowline that forms a part of the Winterfell Project
French transmission system operator RTE Réseau de Transport d’Electricité has started work to connect the country’s first floating offshore wind farm to the national grid. The laying of the export cable has started to connect the Eoliennes Flottantes du Golfe du Lion (EFGL) wind farm in the Mediterr
Germany’s Wintershall Dea and Belgium’s Fluxys have signed an agreement to jointly cooperate on a cross-border CO2 pipeline network connecting the two countries. As part of the project, CO2 emissions from industrial clusters in southern Germany are to be transported to the German-Belgian border via
Vard, a subsidiary of Fincantieri, has signed a contract with an international shipping company for the design and construction of a new cable-laying vessel. The 95-meter-long vessel will be built entirely by the Vard network, including the main systems and equipment. It will comprise 60 single cabi
Mermaid Subsea Services UK has secured a multi-well contract to be carried out on behalf of a North Sea operator, said to represent the company’s largest contract to date. The two-year contract includes the decommissioning of 22 wells and will see the creation of 12 new roles at Mermaid’s Aberdeen h
