Subsea 7 and Aibel have secured contracts from Equinor for the Northern Lights project. Subsea 7’s scope includes engineering, fabrication and installation of a 100 kilometres CO2 pipeline that will run from Øygarden to the CO2 storage complex, as well as installation of umbilicals, tie-in and pre-c
Tasik Subsea DP3 dive support vessel Southern Star is the first ship in the world to receive IDM-A (Infectious Disease Mitigation – Arrangements) class notation from U.S. classification and technical advisory ABS. Following the outbreak of the worldwide pandemic, American Bureau of Shipping (ABS) in
Deep-ocean polymetallic nodules exploration company DeepGreen Metals announced an upward revision to the nodule resource reported within the NORI-D exploration contract area held by its subsidiary, Nauru Ocean Resources in the Clarion Clipperton Zone (CCZ) of the Pacific Ocean. DeepGreen now estimat
Subsea technology company Rovco has announced a record year for 2020, delivering £7.5 million ($10.3 million) in revenues – mostly from offshore wind and also a 286 per cent overall increase on 2019. 2020 also saw the winning of new contracts and growth of backlog that now stands over £16 million ($
Survey specialist Sulmara Subsea is making an expansion drive in the APAC region by opening a regional office in Singapore. A Glasgow-based firm, founded in 2019, also has operational hubs in Aberdeen, Scotland and Houston, Texas. With APAC identified early on as a key market, a regional presence wa
Singapore-based engineering firm G8 Subsea and Zhongtian Technology Submarine Cable (ZTT) are developing the next-generation hybrid composite submarine cable for high voltage and 5G internet connectivity. G8 has worked on a solution that takes care of the 5G internet demand, but also aims to connect
Prysmian is taking a step forward on its path to improve the sustainability of its operations, by making its Finland submarine cable plant, the company’s excellence centre also for green energy consumption. The Pikkala plant is strategic for Prysmian because it is a centre of excellence for producti
The world’s largest underwater engineering event – Subsea Expo – will not be taking place this year. Organisers, Subsea UK, who have already postponed the event from February to May this year due to the coronavirus-imposed restrictions have decided to wait until 2022 before staging the event. The th
Following a review, oil and gas company Dana Petroleum is abandoning an offshore gas project located in the UK sector of the North Sea.
Fugro has selected Sonardyne to support its global fleet of uncrewed surface vessels (USVs) and remotely operated vehicles (ROVs). Fugro will integrate Sonardyne’s Mini-Ranger 2 USBL; configured with Marine Robotics software extension pack, into its new 12 metre-long Blue Essence USV. The offshore s
MAATS Tech has secured a contract with VARD to deliver cable lay equipment for Van Oord’s new cable laying vessel (CLV). “I am immensely proud of the team effort that has gone into winning this contract and continues our track record in providing this type of equipment in the cable industry, already
Marine seismic player Polarcus said on Tuesday it has defaulted on debt payments and that it will halt all interest and installment payments to finance providers. As a result, the company’s shares fell over 30 percent before the Oslo Stock Exchange stopped trading on Tuesday morning. During these di
Fugro and NYK Group have signed a strategic Memorandum of Understanding (MoU) with Japanese geoscience specialist OYO Corporation (OYO). Back in November 2020, Fugro and NYK signed an MoU to jointly provide offshore geotechnical services in Japan, with an option to jointly operate a specialist inves
ELWAVE, an industrial designer and manufacturer of electromagnetics sensors for the underwater and industrial robotics, has completed its first capital raise. The funds will support the company’s global growth ambition, industrialisation and commercialisation of its first products for underwater rob
