EnergyPathways Gets Subsea Support for Low-Emission Gas Field in Irish Sea
(MoU) with EnergyPathways and MCS Group, through its UK subsidiary MCS Subsea Solutions, to advance the development of the Marram field.Under the terms of the MoU signed on February 9, Mermaid and MCS Group have agreed to jointly undertake FEED, project support, procurement and offshore construction services to EnergyPathways, the owner and operator of the East Irish Sea project.As part of the work scope, EnergyPathways has already contracted with MCS and Mermaid in respect of initial work orders, the results of which will allow the company to define the scope of the final contract in due course
OEG Offshore Buys Subsea Cable Industry Specialist Pelagian
, engineering, and installation management services to the subsea cable and offshore renewable energy industries."Pelagian Ltd is an established UK-based company with over 20 years of experience in the subsea cable industry. Their worldwide expertise in the provision of subsea cable construction services makes them a valuable asset for OEG Offshore," OEG Offshore said.OEG said that the acquisition of Pelagian would make it better equipped to support the cable sector across different end markets, including telecommunications and interconnections, as well as offshore wind.OEG Offshore
Havfram Subsea Reclaims Ocean Installer Name after Offshore Wind Business Sold
foundation for the future growth of our company. We will continue to partner with other like-minded companies as we expand our services. "Over the last four years we have grown our revenue fivefold within the SURF installation and mooring market. As overall demand for marine construction services is growing, we now experience customers inviting us to enter new markets requiring our competence, such as offshore floating wind, CCS, and IRM. "The next step on our journey is to take our expertise in delivering complex marine construction projects and apply it to meet
Tanjung Offshore Services Wins Two-Year Subsea Inspection Contract with Petronas Carigali
;T7 Global presents an innovative underwater inspection and maintenance approach in the region and welcomes offshore operators to consider our solution."According to T7, the Mini-ROV is one of the company's early initiatives, having begun as a trial project in 2019 through its offshore construction services segment, where the company integrates compact robotic inspection technology into underwater operations. "Offshore structures are required to undergo regular inspection tests to verify their structural stability and T7 Global is able to cater to this market in a more efficient and
Subsea 7 Rises on Improved Outlook, Cash Dividend
," he added.Subsea 7 swung to a full-year net profit of $36 million in 2021 from a loss of $1.1 billion in 2020 and said it would pay a dividend of $100 million or 1 Norwegian crown per share, and buy back about $70 million in shares.Subsea 7 provides seabed-to-surface engineering and construction services for the offshore oil and gas industry, as well as for developers of offshore wind farms.Orders from renewable energy developers accounted for $1.2 billion of the company's total backlog of $7.2 billion at the end of 2021."We are confident that our strong pipeline
France Launches Program to Build New Generation of Nuclear Submarines
responsibility for their construction and to guarantee control of quality, deadlines and costs," Naval Group said. Credit: Naval GroupPer Naval Group, more than 200 companies from the French defense industrial and technological base will work with Naval Group to provide design or construction services for equipment and systems of the news submarines."In the end, over the next 30 years, this program will represent up to 100 million hours of work, including 15 million hours of design and more than 80 million hours of construction," Naval Group said.At the Cherbourg site, more than
VIDEO: Scottish-made Tidal Turbine Installed in Japan
the Goto Island chain in Japan. "The tidal turbine clocked its first 10MWh of generation within the first ten days of operation and is now producing clean electricity in Japan," the company said Monday.The project included leasing tidal generation equipment and providing offshore construction services to Kyuden Mirai Energy (“KME”) for a pilot turbine located in the straits of Naru Island, within the southern Japanese Goto island chain. The SAE designed and manufactured AR500 tidal turbine was assembled at SAE’s operations and maintenance base at Nigg Energy Park
Sea Trials for Australia's New Icebreaker Delayed Due to COVID-19
its first voyage to Antarctica for the 2020-2021 summer season, operated by Serco Defence under the direction of the AAD for the Australian Government, but its delayed arrival means an alternative ship will be used next summer season.Last month the AAD reached a deal with Dutch company Maritime Construction Services to use the ice-class multipurpose vessel Everest from December 2020 until March 2021.Scaling backElsewhere, the coronavirus pandemic is having a significant impact on all aspects of the Australian Antarctic Program, forcing limited movement of people and decreased operational capacity, reduced
TechnipFMC to Split into Two Companies
will focus on capital intensive subsea technologies and services. The Houston-based company will have a workforce of about 22,000 people.Catherine MacGregor, who joined TechnipFMC's New Ventures group last month after more than two decades at Schlumberger NV , will head up the engineering and construction services company. It will pursue new opportunities in liquefied natural gas (LNG) and broaden its market focus to include biofuels and alternative energy projects.That company will have about 15,000 employees.TechnipFMC received a record volume of orders in the second quarter, supported by new liquefied
February 2024
