KOIL Energy Lands Multi-Million-Dollar Subsea Deal
exact value of the contract, nor the name of the client.“This contract stands as a testament to our team’s achievements in developing integrated solutions. We are thrilled to have earned the trust of our customer, allowing us to undertake this project that will enhance the safety of their offshore facility,” said Erik Wiik, the CEO of KOIL Energy, said:KOIL Energy will perform engineering and procurement activities during 2024 followed by manufacturing at its state-of-the-art production facility in Houston during 2025.Installation and testing will be carried out at the client&rsquo
Subsea Vessel Market is Full Steam Ahead
, we register an interesting dynamic on the shipowner side, where everyone is trying to position themselves for the impeding market boom.Please note that vessel definitions and abbreviations in this part of our industry can vary, but for the purposes of this article, we will focus on what we at Fearnley Offshore Supply define as subsea construction vessels (CON), anchor handling construction vessels (AHCON), light construction vessels (LCV), and multi-purpose supply vessels (MPSV) above 68m length overall.We have previously highlighted the severe tightness of vessel supply in the offshore construction
Argeo Lands Woodside Energy’s Calypso Survey
Norwegian offshore services company Argeo has signed a contract with Woodside Energy to conduct a geophysical survey for the deepwater Calypso field in Trinidad and Tobago.The autonomous underwater vehicle (AUV) survey work will be carried out by Argeo Searcher vessel, starting in the third quarter of 2024.The project will occupy the vessel for approximately 60 days, not including any additional work.The Argeo Searcher is a DP II vessel, equipped with modern diesel electric propulsion. The vessel has significant capacities with 200 days endurance, accommodation of 65 persons and fully certified
Mocean Energy’s Blue X Wave Device and Verlume’s Halo Battery Come Ashore
the next steps both here in the UK and overseas to further demonstrate how this combination of ocean technologies can enable reliable low carbon power and communications to subsea architecture in a live environment,” Mocean Energy said on social media.Wave-Powered Subsea Project Completes 12-Month Offshore Test CampaignThe $2.5 million (£2 million) RSP project connected the Blue X wave energy converter with a Halo underwater battery storage system developed by Verlume, demonstrating how green technologies can be combined to provide reliable and continuous low carbon power and communications
Fugro’s Self-Elevating Platform On Call for Japan’s Offshore Wind
Fugro has transferred its self-elevating platform (SEP) Amberjack to Japan to meet the country’s growing demand for offshore wind geotechnical services.Under Japanese regulations, vessels registered in Japan follow a more streamlined procedure than foreign-flagged vessels when deployed for fieldwork, so this move will speed up mobilization to project sites and allow faster delivery of Fugro’s geo-data to the country's developing offshore wind industry.The Amberjack was reflagged in December 2023 and is now based in Tokyo, from where it will be deployed to wind farm projects in Japan
Ørsted Picks Rovco for Offshore Wind O&M Work in US
Rovco has signed a framework agreement with Ørsted to provide operations and maintenance (O&M) work on two of the developer’s U.S. sites - Block Island Wind Farm and South Fork Wind Farm. Block Island Wind Farm in Rhode Island was the first offshore wind farm in the U.S. and generates 30 MW of renewable energy.The landmark South Fork Wind project became the U.S.’ first commercial-scale wind farm in March 2024, delivering 132 MW to Long Island in New York. Ørsted Powers Up All Turbines at First US Commercial-Scale Offshore Wind FarmTo help inform Ørsted&rsqu
Nexans and Equinor Cement Partnership with New Agreement
French subsea power cable maker Nexans and energy company Equinor have strengthened their long-term collaboration with a new four-year contingency and preparedness contract.Nexans and Equinor are extending their collaboration through a four-year agreement that includes turnkey repair services for various cable systems.Equinor will manage and operate the contract on behalf of the Pipeline Repair and Subsea Intervention (PRSI) Pool members. The agreement covers approximately 3,000 km of cable.To ensure Equinor’s assets’ normal functioning, Nexans will provide its unique expertise of performing
Subsea7 Wraps Up Pipeline Replacement Work Offshore Brunei
Subsea7 has completed the Pipeline Replacement Project 8 (PRP-8) offshore Brunei for Brunei Shell Petroleum (BSP).PRP-8 is a turn-key project that involves engineering, procurement, installation, and commissioning (EPIC) of various sizes of flexible flowlines and risers, rigid CRA risers, diving, and an extensive brownfield package.According to Subsea7, the project was delivered in line with BSP expectations, with just over a year of preparation.“PRP-8 is another project close to my heart. I remember well some calls taken during the tender phase with already a clear vision by the Subsea7 team of
ABL Gets Neptun Deep Job for OMV Petrom in Black Sea
is the operator, with each company having a 50% interest in the project.Later that year, Corinth Pipeworks, as a subcontractor of Sumitomo Corporation Europe, won a contract to manufacture and supply approximately 160 km of longitudinally submerged arc-welded steel pipes (LSAW) for the development of an offshore natural gas pipeline for the project.Romania: Neptun Deep Offshore Project Enters Development PhasePipeline Construction Contractor Selected for Romanian Offshore Gas Projec
February 2024
