Offshore Subsea News - page 10


Ocean Installer Charters Island Victory for Barents Sea Work

Apr 08, 2020

Offshore installation company Ocean Installer has chartered Island Offshore's Island Victory vessel for work in the Barents Sea, offshore Norway.Island Offshore said Wednesday the vessel had already started working for Ocean Installer on a 60…

Oceaneering to Prepare Seabed for Moray East Wind Farm

Apr 08, 2020

Offshore services company Oceaneering has won a contract to complete seabed route and debris clearance for the Moray East Wind Farm project in the Moray Firth, Scotland.The contract, of an undisclosed value, has been awarded by Moray Offshore Windfarm (East) Limited (MOWEL)…

Norwegian Gas Exports to UK Fall Sharply as Demand Slumps

Apr 03, 2020

Pipeline gas flows from Norway to Britain fell 44% on Friday from the start of the week as the summer gas season starts and coronavirus lockdowns continue to hit demand, data shows.Pipeline gas flows to Britain fell to 49.7 million cubic meters (mcm) per day on Friday…

PGS Wraps Kwanza Shelf Survey Offshore Angola

Apr 02, 2020

Offshore seismic company PGS has completed the acquisition on its MC3D Kwanza Shelf survey offshore Angola. Total GeoStreamer coverage in Blocks 6, 7 and 8 and the surrounding areas of the Kwanza Shelf is now 8 300 square kilometers, PGS said Thursday…

New Senior Exec Team for ROV Specialist Rovco

Apr 02, 2020

Rovco, a provider of remotely operating vehicles (ROV), has announced several key executive teams hires and internal appointments, including a new CFO and CTO.Reena Rowan has been appointed as Chief Financial Officer at Rovco, having previously…

TechnipFMC Cuts 2020 Capex by 30%

Apr 01, 2020

Franco-American oil services firm TechnipFMC Plc said on Wednesday it will cut its planned capital expenditures for 2020 by 30% to $300 million in response to current oil market conditions.TechnipFMC said it was taking decisive action to address…

Aker Solutions Slashes 650 Jobs in Norway and UK. More Cuts Ahead

Apr 01, 2020

Norwegian offshore engineering and construction company Aker Solutions laid off 400 employees in Norway and 250 employees in the UK, as per April 1, and it might need to lay off up to 6000 employees in Norway. The company has said the layoffs are temporary…

Minesto Gets OK for Tidal Kite Installation in Faroe Islands

Apr 01, 2020

Marine energy developer Minesto has said it been granted all necessary permits and consents for the installation of two grid-connected tidal kite systems in Vestmannasund, Faroe Islands.The granted permits and consents cover two DG100 tidal…

CNRI Files Removal Plan for Two North Sea Floaters

Mar 31, 2020

CNR International (CNRI) has filed plans for the removal of the Petrojarl Banff FPSO and the Apollo Spirit FSO, from its Banff and Kyle fields in the North Sea. Apart from the two floaters, CNRI will also remove the associated risers and mooring systems…

Italian Marine Cable Laying Firm to Cut Dividend

Mar 31, 2020

Italian marine cable installation company Prysmian plans to cut the dividend by 50 percent, citing the effect of the coronavirus pandemic and its effects on the global economy.Citing the spread of the pandemic and its potential duration, and…

Kongsberg Develops New LARS for HUGIN AUVs

Mar 31, 2020

Norway's Kongsberg Maritime has developed a new LARS (Launch and Recovery System) solution for its HUGIN range of Autonomous Underwater Vehicles (AUVs), which it says will bring 'a series of far-reaching operational improvements.'Kongsberg has decided to have the new LARS operating from midships…

Tendeka's Equipment for Mubadala's Thailand Oil Fields

Mar 30, 2020

Well completions specialist Tendeka has secured a three-year contract with Mubadala Petroleum, to supply sand-face completion equipment in Thailand.Under the deal, Tendeka will supply sand screens and autonomous inflow control devices (AICD) to Mubadala Petroleum’s Jasmine…

Stinger Prepping Kawasaki's SPICE AUV

Mar 30, 2020

Japanese industrial giant Kawasaki Heavy Industries has contracted the Norwegian underwater drone specialist Stinger, to help it test its prototype AUV (Autonomous Underwater Vehicle).Stinger said last weekend that it would provide Kawasaki…

Subsea Cable Gripper Redesigned for Longer Deployments

Mar 27, 2020

With the need to use and abandon the cable gripper for up to 20 days between cable recovery projects, hydraulic tools specialist Webtool has redesigned its Webtool CRT200 Cable Retrieval Tool for large diameter cable and longer subsea deployment in water up to 1…

Unique Group Signs Exclusive Agreement with OTAQ Offshore

Mar 25, 2020

Unique Group has signed an exclusive rental agreement with UK-based OTAQ Offshore to represent the latter’s technology and products across the Middle East, APAC and the Americas.  The agreement will see Unique Group represent a number of industry-renowned technologies…

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