Mermaid Sets Up Subsea Services JV in Vietnam
Mermaid Maritime has established a joint venture (JV) with Tan Cang Offshore Services in Vietnam which will offer subsea services for the country’s offshore sector.The primary activities of the newly formed JV will be to offer vessel chartering, ROV, transportation and installation support and offshore subsea servicesThe JV – named Tan Cang Mermaid Subsea Services Company Limited – is 50/50-owned by Mermaid Subsea Services (Thailand) and Tan Cang Offshore Services Joint Stock Company (TCO).TCO is a professional service provider of offshore vessel chartering, ROV services, ocean
Norwegian Seismic Specialists TGS and PGS Set to Merge
of scale" from the combination, with a preliminary estimate of cost cuts amounting to $50 million, they said in a joint statement.The deal, if approved by regulators, will give TGS ownership of seven modern seismic ships, a significant shift in strategy for the company that has so far relied on chartering vessels from ship owners rather than buying its own.Collecting offshore seismic data and selling it to energy companies keen to discover oil and gas deposits, known as multi-client business, was long plagued by overcapacity, but there are now fewer owners and fewer vessels available, TGS said."
DeepOcean Charters Innovative Unmanned Surface Vessel for Subsea Inspection, Survey Work
Offshore and subsea services provider DeepOcean will charter a newbuild unmanned surface vessel (USV) for subsea inspection, maintenance, and repair (IMR) and survey work in the offshore renewables and oil and gas industries. DeepOcean is chartering the vessel from USV AS – a joint venture company established by Solstad Offshore, Østensjø and DeepOcean whose main purpose is to invest in and own USVs.“The USV can be a game-changer for subsea inspection and intervention work, offering substantial reductions in operating expenditure and emissions. We are delighted to add
USVs Eye Offshore Wind Opportunities
control centre, giving a complete holistic view of an offshore wind farm. That’s what we’re trying to achieve, but it’s a long-term future goal.”Changing the way data is gathered and handled also opens up new ways of working and operating – from moving away from vessel chartering for a survey to cloud-based data processing and multi-client missions, adds Jones.Tidewise’ Tupan has been working offshore Belgium for Elia, supporting UAV, Lidarand seabed surveys. Photos from Tidewise.Tidewise Targets Foundation and Turbine Base InspectionsBrazilian startup Tidewise has
Balmoral's System Prevents Offshore Wind Cable Damage
lifetime performance.Fraser Milne, engineering and projects director at Balmoral, says: “The integrated stability system delivers these important improvements without the requirement for expensive secondary activities such as placement of concrete mattresses or rock dumping which can involve the chartering of further vessels."This innovative development was inspired by engagement and recognition of client requirements and considers the commercial aspect of not just field development but the longevity of the product, improving overall field reliability and therefore directly affecting the Level
Don’t Miss the Boat in the Subsea Vessel Market
, it’s now critical to go beyond conventional service provision and apply specialist technology to validate every factor that informs client decisions—not just about availability, but intelligence on topics such as the project history and geographical track record of individual vessels.Chartering a vessel will always be one of the biggest project-related decisions an operator or contractor makes. At a time of big market change, they need the right support and advice to make sure they’re getting the right vessel on the right terms—and firmly anchoring their project on solid commercial
3D at Depth Acquires Hybrid AUV/ROV
AUV / ROV is equipped as a containerized spread to transform any vessel of opportunity into a survey and inspection platform in less than 18 hours. "This allows deepwater assets and offshore wind operators to reduce their costs, risks, and carbon footprint by lowering offshore man-hours, chartering a DP1 or above vessel, and reducing shipping costs by using our containerized spread," the company said.Manning continued, "We are also seeing requirements for inspection campaigns to now include LiDAR technology and the use of our SL Subsea LiDAR laser technology allows us to provide
The Value of Friends in “High-Latitude” Places
McCarthy, who fund Norwegian oceanographic research on behalf of ONR and ONR Global, respectively, along with the Norwegian PI, Dr. Hanne Sagen, strategized how the experiment could be salvaged. The only other U.S. icebreaker, the USCGC PolarStar, was preparing for its annual deployment to Antarctica. Chartering of commercial ice breakers was not an economically feasible solution. No other icebreakers were found that had the unique capabilities required to recover the moorings. There were no viable options in the U.S. for the remainder of 2020. The project would be set back by at least a year
Massive TP's Shipped for Taiwan Windfarm
Jumbo reports completion of a shipment of the "heaviest, tallest and the largest diameter "Transition Pieces (TP’s) it has ever transported.The TP’s were shipped for Jan De Nul Group in cooperation with brokers Multi Marine Chartering B.V. from Laem Chabang to Taichung, where they will form part of Taiwan’s Formosa 1 Phase 2 Offshore Wind Farm (OWF).The Formosa 1 OWF will have a total capacity of 128MW once built and commissioned. Phase 1 of Formosa 1 features two Siemens 4MW demonstration turbines, the first ever wind turbines to be installed off Taiwan. The Formosa 1
February 2024
