Offshore services firm Subsea 7 announced it has won a contract from Equinor for installation and diving operations on the Europipe II, Heimdal and Statfjord (EHS) fields, located in the Danish and Norwegian sectors of the North Sea.The deal is worth between $50 million and $150 million…
The subsea services provider to the oil and gas industry Rever Offshore continued to consolidate its North Sea presence, announcing the successful completion of three standalone contracts for energy major, Total E&P UK.The UK-based company said…
It's true that the offshore vessel market is still suffering, but that's not to say there aren't glimmers of positivity.Asset values remain at historic lows throughout much of the offshore sector, but the anchor handler market has been hit hardest…
The TechnipFMC-owned diving support vessel Deep Arctic has departed Damen Shiprepair Amsterdam on time following a significant maintenance stopover, a substantial proportion of which was spent in dry dock.According to the shipyard, the project was exceptionally complex…
New engineering work involving the overhaul of diesel engines on the offshore construction and dive support vessel (DSV) Rever Polaris, has been completed by power specialist Royston.Engineers undertook the DG1 and DG3 24,000 and DG4 36,000…
The global market for autonomous underwater vehicles (AUV) and remotely operated vehicles (ROV) is predicted to propel at a robust compound annual growth rate (CAGR) of 18.2% from 2017 to 2025, says a recent industry report.In 2016, the offshore AUV and ROV market was valued around worth of $2…
The creditors of indebted French marine services company Bourbon reached a restructuring deal that would give them control of the company, protect jobs and draw new liquidity.Bourbon has been hurt by market overcapacity and a fall in spending on services by upstream oil and gas companies…
While the offshore market is starting to show some positive signs, some vessel owners and operators in the sector continue to suffer.Utilization and rates for offshore supply vessels (OSV) have improved in 2019, particularly in the North Sea…
Independent Angolan diving services company OCTOMAR Serviços Marítimos Limitada has taken delivery of a new Fast Crew Supplier (FCS) 2206, its first vessel from the Damen Shipyards Group.The vessel was selected for its ability to undertake a variety of roles…
Subsea services company Aqueos Corporation said it has entered into a multi-year agreement with vessel owner Otto Candies for the charter of the US-built multi-role DP-2 diving support vessel (DSV) Kelly Ann Candies.The high spec vessel has…
Seabed deployed remotely operated underwater vehicles (ROV) are already here. Since early last year, IKM Subsea has been operating its Merlin UCV R-ROV (resident ROV) from a cage placed beneath Norwegian operator Equinor’s Snorre B production facility offshore Norway…
NaviSuite Mobula is a new software product from EIVA offering advanced steering capabilities to remotely operated vehicle (ROV) owners.The market for the micro- and mini-ROV is under drastic change, with more suppliers entering the market, and prices for the ROVs dropping significantly…
Norway’s Østensjø Rederi has outfitted the offshore support vessel (OSV) MV Edda Fonn, getting it ready for the delivery to the Royal New Zealand Navy (RNZN).The converted diving and hydrographic support vessel has started her journey from Norway to Auckland…
The offshore support vessel (OSV) fleet in Brazilian waters closed January with 367 vessels, of which 328 were Brazilian flagged and 39 were foreign flagged. The quantity remained nearly stable in relation to December 2018, when 363 vessels…
One of the world's most advanced diving support vessels has undergone a comprehensive power plant refurbishment and maintenance program.Engineers undertook the 30,000 running hour major service on the generator engines on board the 140-meter-long Subsea 7 Seven Atlantic…