Industry Teams Up to Reduce Offshore Wind Cable Failure Costs
zoom DNV GL, ECN, WMC, BREM, VanderHoekPhotonics, Deltares and other partners have started a Joint Industry Project (JIP) named “Cables Lifetime Monitoring” to reduce failure levels in offshore wind farm cables. Power-cable failures offshore are often the main risk affecting the development and operation of offshore wind farms. Approximately 80% of insurance claims in the […]
Hydro Group in New Business Partnerships
zoomGraham Wilkie Hydro Group has formed new business partnerships, as a part of its global expansion strategy, with firms in West Africa, South Korea, Thailand and Japan and added two new members to its team. Hydro Group will work in tandem with their business partners to underpin operations in each region, the company said. Graham […]
Magseis Relocates HQ; Adds New Members to Its Team
zoom Magseis has expanded its global operations and relocated its head office to Lysaker, Norway, effective April 09, 2018. Per Christian Grytnes, acting CEO said: “The new offices enable all Magseis Oslo based staff to work from the same premises. We are expanding our global operations and the new headquarters will support efficient implementation of […]
Sapura Energy to Develop SK408 Gas Fields Off Malaysia
zoom Sapura Energy Berhad and its partners, Petronas Carigali and Sarawak Shell Berhad, have taken final investment decision (FID) to develop the Gorek, Larak and Bakong fields as phase 1 in the SK408 production sharing contract, offshore Malaysia. The FID follows the approval of the field development plan from Petronas and the signing of the […]
DOF Subsea Bags Petrobras DSV Deal
zoom DOF Subsea said it has been awarded a three-year firm contract with a two-year extension option by Petrobras in Brazil for the provision of the diving support vessel Skandi Achiever and ROV and diving services. The contract is split into a time charter element for the vessel and marine management services and service elements […]
Subsea 7 Adds Siem Offshore Contractors
zoom Subsea 7 has completed the acquisition of Siem Offshore Contractors. The acquisition includes the entire issued share capital of Siem Offshore Contractors, the inter-array cable lay vessel Siem Aimery and the support vessel Siem Moxie. As announced in March this year, the initial consideration is EUR 140 million subject to adjustments for working capital and […]
ASV, BMT Aim to Improve Safe Autonomous Navigation at Sea
zoom ASV Global and BMT are leading a new £1.2-million research project to enhance the safety and reliability of autonomous navigation. The project team will use deep learning machine vision systems trained with a unique combination of simulated and real world data. Part funded by Innovate UK, the UK’s innovation agency, this project should enhance […]
Shearwater Wins with TGS | Subsea World News
zoom Shearwater GeoServices, a joint venture between GC Rieber Shipping and RASMUSSENGRUPPEN has been awarded a new contract from the multi-client geophysical company TGS. The project is expected to take approximately three months and is scheduled to be completed by the end of September, 2018. For the second consecutive year Shearwater has been awarded a contract […]
TGS Expands Atlantic Margin Seismic Data in Norwegian Sea
zoom TGS has started expansion of its Atlantic Margin multi-client program in the Norwegian Sea. The new AM18 3D extension will comprise 5,135 km² of 3D seismic data and covers a variety of play models with stratigraphic and structural traps in Paleocene and Cretaceous turbidite/fan deposits. Acquisition will start early July and TGS is chartering a Shearwater seismic vessel […]
EC-OG Powers Up SEA Subsea Control Module
zoom EC-OG and cohort company SEA have completed dry integration trials at SEA’s Aberdeen facility linking a Subsea Control Module (SCM) to an uprated power source. EC-OG has developed a vertical turbine underwater power source that is designed to expand the operating envelope of SCMs. This Subsea Power Hub technology is a hybrid energy conversion […]