Oslo-listed Havila Shipping has entered into a charter contract with Nexans Norway for the subsea vessel Havila Phoenix. The contract is for a firm period of 90 days with optional periods of 90 days. According to Havila, the contract should commence during April 2021. Havila Phoenix has since 2013 s
Oilfield services major Baker Hughes has booked $653 million profit in the fourth quarter of 2020, against $48 million same time last year. This result also marks the company’s return to profit after posting third loss in a row at the end of Q3 last year. Nevertheless, Baker Huges reported adjusted
The Covid-19 pandemic caused the value of 2020’s awarded contracts to slump to a 16-year low, according to Rystad Energy.
Aleron Group has announced a high-level organisation restructure to align with its strategic growth plans to consolidate product and service offerings. The Group consisting of individual entities, Aleron Subsea and ROVQUIP, will now formally become a single entity, know as Aleron Limited. The divisi
Back-deck equipment specialist Maritime Developments MDL has completed a SURF decommissioning project in the UKCS for Helix Robotics Solutions. The work scope covered the retrieval of 7 cables, umbilicals, flowlines and jumpers connected to an FPSO in the UK North Sea, using an MDL equipment spread
Wintershall Dea has decided to postpone the commercial gas production from its Dvalin field due to a high level of mercury in the gas flow.
London-based Energean has taken the final investment decision on the North El Amriya and North Idkunea (NEA/NI) concession subsea tieback project offshore Egypt. The NEA concession contains two discovered and appraised gas fields (Yazzi and Python) while the NI concession contains four discovered ga
Houston-based Gilmore, a Proserv company, has appointed David Nemetz as its new chief executive officer (CEO). Gilmore, as an integral component of Aberdeen headquartered Proserv, has been providing flow control solutions, such as critical service valves and regulators, to the oil and gas industry f
Allseas has awarded subsea technology company Seatools the contract for the delivery of the complete electrical, hydraulic, and control system for its deep-sea mining nodule collector. The project is part of Allseas’ development program to realise advanced deep-water equipment for the gathering of p
JDR has won a contract with UMD Energy to manufacture and supply a 2.7 kilometres long subsea production umbilical for the Ledang Redevelopment Segment 2 project, offshore Malaysia. The umbilical will provide connection from the unmanned remote platform to the subsea production control system. JDR w
Torgy LNG AS has awarded Trelleborg with a contract to provide 190 integrated cable protection systems for Jiangsu Qidong offshore wind farm project located off Jiangsu, China. Trelleborg’s NjordGuard cable protection system will protect the inter-array grid power cables on the project from over-ben
UK-based Tekmar Energy has secured a new subsea cables protection contract on a ‘major’ operational offshore wind farm project. The contract also includes work for Tekmar Energy’s sister companies Subsea Innovation and AgileTek Engineering. The deal, which follows Pipeshield’s largest-ever contract
The latest survey on the UK’s Subsea sector has revealed an improved outlook for the industry with less anticipated redundancies, greater optimism and new geographical markets. Industry body, Subsea UK, surveyed its 300 members in early July and then again in late November 2020 to provide insight in
CWind Taiwan has signed an exclusive cooperation agreement with E&Y Electronics, a Taiwanese power cable service provider specialised in cable testing and termination, to develop its cable maintenance services in the Taiwanese offshore wind market. The services under the cooperation agreement includ
