Green Minerals AS, a recently formed subsea mineral mining company, has signed a letter of intent with a consortium led by Oil States Industries (UK) Ltd.The LoI is for collaboration on a FEED study for a turnkey Harsh Environment Deep Sea Mining…
Offshore vessel operator Bourbon Subsea Services has won a contract with TetraSpar Demonstrator ApS, to manage the transportation and installation of the 3,6 MW Floating Wind Turbine prototype, off Norway.'This new turnkey stage includes project management…
Tekmar Group's Pipeshield International has launched a new subsea grouting division, which the company says will strengthen its range of subsea protection, support, and stabilization solutions.'The introduction of a new Grouting Division builds…
Norwegian maritime tech and equipment company Kongsberg Maritime (KM) will deliver a large technology package for Triumph Subsea Services' field development vessel (FDV).Triumph Subsea Services in December 2020 signed a contract with the Croatian…
Offshore vessel operator DOF Subsea has said it has secured several new contracts in the North Sea, Mediterranean, and Africa, however, without sharing the clients' identity.DOF Subsea said Friday that contracted work included a number of turnkey…
Triumph Subsea Services has signed a contract with the Croatian shipbuilder Brodosplit for the construction of a field development vessel.Triumph said Tuesday that the contract was for one firm vessel, with options to order three more.Options…
Subsea Europe Services GmbH has introduced a new compact version of its unique integrated Hydrographic Survey System (iHSS). Dubbed iHSS-Compact, it is designed to meet demand for shallow-water ‘gap-filler’ marine surveys and simplifies the…
Norwegian oil firm Equinor has awarded the three largest oilfield services firms, Baker Hughes, Halliburton, and Schlumberger, contracts for drilling and well services on its Bacalhau field in Brazil.The total value of the three contracts is estimated at $455 million…
Energy logistics provider Peterson has signed a project logistics services contract with Schlumberger's OneSubsea to support its work on BP's Matapal project offshore Trinidad and Tobago.BP sanctioned the development of the Matapal project in December 2019…
U.S.-based Harvey Gulf Subsea Solutions said it has appointed LaDawn Lounsbury to its Business Development Team.Lounsbury brings to the position extensive subsea background and well-established client relationships, having previously held roles with Helix…
UK-based subsea vehicle manufacturer Soil Machine Dynamics (SMD) has secured a new contract to deliver a subsea plow to a subsea cabling company.SMD said Thursday that, as part of the contract, it would supply its MD3-XT plow, capable of trenching up to 3…
Subsea services provider and vessel operator DOF Subsea has been awarded a turnkey contract performing marine operations related to a decommissioning project by Teekay Petrojarl Floating Production.DOF Subsea said Tuesday that the contract with…
Offshore installation services company Subsea 7 reported a Q2 net loss of $922 million, compared to a profit of $24 million in Q2 2019, due to impairment charges of $807 million.The second-quarter revenues of $754 million was 21% lower than in the second quarter of 2018…
Petrofac has won a firm contract to design, build and install the High Voltage Alternating Current (HVAC) onshore and offshore substations for the $3,8 billion Seagreen offshore wind farm project in Scotland.The news comes hours after it was…
Subsea Integration Alliance, a JV between Subsea 7 and OneSubsea, has been awarded an exclusive contract by Equinor for the Front End Engineering Design (FEED) study for the SURF (Subsea, Umbilical, Risers and Flowlines) on its Bacalhau (formerly Carcará) project…