Solstad Offshore has secured new contracts for three of its subsea construction vessels (CSVs) which have a combined time charter value of approximately NOK 1.6 billion (around €156.5 million). Havfram contracted Normand Vision for a period of three years firm, plus options for additional two years.
PanGeo Subsea, a subsidiary of Kraken Robotics, is nearing completion of its busiest year so far in terms of acoustic corer contracts, valued at over $8 million in 2022. Earlier this year, PanGeo won a $5 million contract in the U.S. to support an oil platform decommissioning survey and acquire 63 o
The developers of the West of Orkney Windfarm have completed its 2022 offshore and nearshore surveys for the project area, located around 25 kilometres off the Sutherland coast in Scotland. This milestone achievement covered geophysical and benthic surveys of the seabed across the 675 km2 offshore o
Helix Energy Solutions has secured a deepwater well decommissioning contract with Shell Brasil in the Campos Basin. The scope of work includes plug and abandonment services on subsea wells located in the Bijupira and Salema fields. The project is scheduled to commence in early 2024 for a minimum fir
The preliminary marine route survey for the second Malta-Italy electricity interconnector is nearing its final stages, project developer InterConnect Malta reported. The seabed survey was split into three sections, including nearshore Malta, offshore – along the route between the two countries, and
PXGEO has secured a towed streamer contract in the Asia Pacific region to acquire 3D seismic data for TGS. The seismic vessel PXGEO 2 is set to mobilize in December for the project. Activities are expected to last for approximately three months. PXGEO entered into an agreement with TGS last year for
Fugro has reported a revenue of €480.2 million for the third quarter of 2022, an increase of 17.4% compared to €378 million in Q3 2021, said to be supported by high demand for offshore wind solutions. The increase in revenue was fuelled by ongoing high client demand across markets, most notably rene
Fugro has launched its Blue Essence uncrewed surface vessel (USV) in Abu Dhabi, said to be the region’s first such vessel. The 12-meter USV was launched at Mugharraq port and sailed to its new home in Al Mirfa by Fugro’s control and command center in the UAE. The Al Mirfa port will be the home to th
DOF Group has reported that its fleet achieved an average utilization of 88% in the third quarter of 2022, an increase from 83% in the same period last year, backed by “continued high activity and good performance” in subsea regions. In Q3 2022, DOF’s revenue totaled NOK 2,862 million, an increase f
C-Innovation (C-I) has signed a multi-year contract with a “major operator” in the Gulf of Mexico for the New Well Delivery Program and inspection, repair and maintenance (IRM) services. Two light construction vessels will be deployed, with C-Constructor supporting the New Well Delivery Program and
DeepOcean has signed a charter agreement with shipowner Simon Møkster Shipping for the Stril Server multi-purpose support vessel (MPSV), set to be deployed in the renewables and oil & gas markets. Under the two-year agreement, Stril Server will provide subsea inspection, maintenance, and repair (IMR
DOF Group has secured a contract extension in Brazil for one of its anchor handling tug supply (AHTS) vessels, as well as new vessel contracts in West Africa and in the North Sea. Norskan Offshore, DOF’s Brazilian subsidiary, signed a contract extension with Petrobras for the 21.000 class Brazilian
DOF Subsea Australia has been convicted in the Magistrates Court of Western Australia of three counts of an employer “negligently breaching” health and safety duties under the Offshore Petroleum and Greenhouse Storage Act 2006, the National Offshore Petroleum Safety and Environmental Management Auth
Norway’s Magseis Fairfield and the Dutch Fugro have signed a global cooperation agreement to work on project opportunities including wide area 3D ultra high-resolution surveys (3D UHR) for the offshore renewables and carbon capture and storage (CCS) markets. The companies said they will jointly purs
