Solstad Narrows Quarterly Loss | Subsea World News

Oslo-listed Solstad Offshore has recognized loss of close to NOK 343 million ($38 million) for the second quarter of 2019, compared to loss of NOK 788 million ($87 million) from the prior-year comparable period. The Norwegian vessel owner’s operating revenue for the second quarter 2019 increased slightly to NOK 1.37 billion when […]

Siccar Point Hires Sembcorp Marine for Cambo FPSO FEED Work

Siccar Point Energy E&P has awarded an exclusive Front-End Engineering and Design (FEED) contract to Sembcorp Marine Rigs & Floaters for the design of a Sevan cylindrical FPSO for its Cambo field development on the UKCS. The Cambo field, located 125km northwest of the Shetland Islands in a water depth of 1100m, […]

Siemens Converter Stations for Viking Link Interconnector

Siemens has been awarded a contract to deliver two converter stations for Viking Link, the first high-voltage direct-current (HVDC) interconnection between Great Britain and Denmark. Viking Link interconnector is being jointly developed by National Grid Ventures (Great Britain) and Energinet (Denmark) via National Grid Viking Link and Energinet Eltransmission. The order comprises […]

Siemens Converter Station for Viking Link Interconnector

Siemens has been awarded a contract to deliver two converter stations for Viking Link, the first high-voltage direct-current (HVDC) interconnection between Great Britain and Denmark. Viking Link interconnector is being jointly developed by National Grid Ventures (Great Britain) and Energinet (Denmark) via National Grid Viking Link and Energinet Eltransmission. The order comprises […]

Geoquip Marine Expands Board of Directors

Geoquip Marine has appointed Peter Østergaard Nielsen to its board of directors as a non-executive director. Peter is a senior lawyer with Danish legal practice Bech Bruun and has extensive specific experience in international wind farm development. In addition to his experience in international business transactions and his insight into the energy […]

Geoquip Adds Second Offshore Support Vessel to Its Fleet

Geoquip Marine has added a second DP2 multi-purpose offshore support vessel, the Geoquip Speer, to its fleet. Formerly known as MV Cristal, the Geoquip Speer, built in 2010, has a gross weight of 3504 tonnes and a length of 84 meters. Following the acquisition, the Geoquip Marine is currently carrying out upgrades to make Geoquip […]

Rovco Marks ‘Substantial’ Growth in 12 Months

Subsea technology company Rovco, said it has generated £10.5 million of sales and awards through technology provision, research grants, data collection, and surveying projects over the last 12 months. The Bristol-headquartered company, which has also recently opened an office in Aberdeen, confirmed the news that it had grown substantially from the previous period where revenue […]

Titan Wind Energy Snaps Up Ambau Foundations Plant

Chinese manufacturer Titan Wind Energy has ventured into the market for offshore wind turbine foundations with the acquisition of Ambau facility in Cuxhaven in Germany. The takeover of the facility will be through the newly established Titan Wind Energy (Germany), a 100% subsidiary to Titan Wind Energy (Europe). President of Titan Wind […]

Coral Sea Cable Makes Sydney Landing

The 4,700km Coral Sea Cable System between Papua New Guinea, Solomon Islands and Australia has landed in Sydney. The landing of the cable in Sydney caps off two months work by the team on board the cable-laying ship, Ile de Brehat. With the cable reaching Sydney, it will soon be connected to […]

ROK Navy Anti-Submarine WTT Maintenance Extension for eMARINE

Information and communications technology provider for the maritime industry, eMARINE Global, has signed a contract with the Republic of Korea Navy for the maintenance of its Anti-Submarine Warfare Team Trainer (ASWTT) at the Jin-Hae Naval Base. The contract is valued at an estimated 920 million won (US$0.76 million). eMARINE has maintained the […]