GC Rieber Delivers Polar Queen to Schmidt Ocean Institute
Norwegian offshore vessel owner GC Rieber Shipping has delivered the Polar Queen vessel to new owners Schmidt Ocean Institute. The company announced the sale of the IMR vessel in February."The vessel has today been delivered to the new owner," GC Rieber Shipping said in a brief statement on Tuesday, without disclosing the name of the buyer. U.S.-based Schmidt Ocean Institute has said it acquired the vessel—now renamed Falkor (too)—for use as an oceanographic research ship.The Polar Queen is an IMR / walk-to-work vessel, built at Freire Shipyard in 2011. The gangway that was on
Shearwater GeoServices Bags Gambia 3D Gig
The provider of 3D marine seismic data, imaging products, and data processing software solutions, Shearwater Geoservices has been awarded a 3D Isometrix seismic acquisition project by FAR Gambia Ltd (FAR).According to a press release from the 50/50 joint venture between GC Rieber Shipping ASA and Rasmussengruppen AS, The one-month survey will cover parts of block A5 offshore Gambia in the rapidly emerging and prolific Mauritania, Senegal, Gambia, Guinea-Bissau, Conakry (MSGBC) Basin.The offshore survey service provider will be acquired by the SW Amundsen and provide new seismic over a shallow-wate
Shearwater to Buy Schlumberger’s Seismic Business
for the proposed transaction to $650 million.The $600 million in cash consideration to Schlumberger and $50 million for working capital purposes will be funded by $325 million in new cash equity and $325 million in debt financing. RASMUSSENGRUPPEN AS has fully underwritten the equity issue and GC Rieber Shipping ASA intends to subscribe for approximately $28 million (of the total of $325 million) before closing. The debt financing will be provided by DNB Bank ASA and Sparebank 1 SR-Bank ASA.Carnegie and DNB Markets has acted as financial advisor to Shearwater in connection with the transaction and
TGS Awards Seismic Survey Contract to Shearwater GeoServices
Shearwater GeoServices, jointly owned by GC Rieber Shipping ASA and Rasmussengruppen AS, has been awarded a new contract by 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 for a seismic survey on the Atlantic Margin in the Norwegian Sea. The 2018 survey will cover 5,135 km2 and will be performed by one of Shearwater's high-end 3D vessels. The vessel will utilize FlexiSource and a wide tow spread, for
GC Rieber Charter Agreement with Reach Subsea
GC Rieber Shipping ASA has entered into a time charter agreement with Reach Subsea for the CSV Polar King to support Norwegian University for Science and Technology’s (NTNU) scientific operation under the MarMine Project in the mid-Atlantic ridge. The project will deploy ROV, AUV and grabs for seabed mapping and sampling for geological and biological research related to marine mining. Estimated duration is three weeks. “We’re excited to yet again take part in research and exploration activities in the North Atlantic region, an activity which forms an
DNV Helps Take the Strain on Subsea Lifting SWRs
service life of the rope until it is duly discarded. The project will include relevant issues related to system integration, monitoring, condition assessment, inspection, maintenance, lubrication, production, etc. Partners are: Bridon, DMT GmbH & Co. KG, DOF Management, Farstad Shipping AS, GC Rieber Shipping ASA, Heerema Marine Contractors Nederland SE, Huisman Equipment BV, National Oilwell Varco (NOV), Redaelli, Rolls Royce Marine AS, Saipem, Technip UK Limited, TEUFELBERGER Seil Ges.m.b.H. and W. Giertsen Services AS.
Polar Onyx Readies for Brazilian Depths
The offshore construction vessel Polar Onyx was delivered on March 4, 2014 from Ulstein Verft to GC Rieber Shipping, as the latest addition to their growing investments into the subsea segment. The vessel’s first assignment will be to work for deepwater projects serving as pipelay support vessel for Petrobras offshore Brazil. The 130-meter long and 25-meter wide Polar Onyx is based on ULSTEIN’s SX121 design, a design which is generally designed to operate in the IMR/SURF construction market, with high capacity for flexible pipe cargo below deck and on main deck. Irene W. Basili
MAN Propulsion to Power Seismic Vessel
MAN Diesel & Turbo recently signed a contract for the supply of 8L32/44CR B.2 engines as part of a complete propulsion package to power a seismic vessel ordered by GC Rieber Shipping of Norway. The contract contains an option for an extra vessel. Four of the engines, along with two two-speed Flender Twin-In/Single-Out reduction gears and MAN Alpha Twin Screw CP propellers in AHT nozzles, will power the vessel. The seismic vessel is graded as Ice Class 1A*, which provides a good basis for operating in Arctic areas. The vessel design is an ST 324 XT from Skipsteknisk of Aalesund, Norway whose
Reef Subsea Headed by New CEO
a similar capability vessel for delivery during 2014. The timing of this new commitment will be aligned with the delivery of the reorganization process, whilst suiting the demand Reef Subsea sees from the Subsea market in the years ahead. Reef Subsea said its major shareholders, HitecVision and GC Rieber Shipping will continue to support the company in its further growth plans. www.reefsubsea.com
February 2024
