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
MIND Technology Sells Klein Marine Systems
services to General Oceans."In addition to traditional energy-related opportunities, we are seeing new alternative energy applications for our Seamap technologies, including offshore windfarms and other green energy projects. We also see growing opportunities to provide seismic streamer repair services, not only for our SeaLink streamers, but also for products manufactured by others. We believe there may be other opportunities to continue expanding our offerings in these areas."We will continue to develop and promote our Sea Serpent passive array system for maritime defense and security
Sarcos and VideoRay Partner to Offer Integrated Underwater Robotic Systems
robotic systems combining VideoRay remotely operated vehicles (ROVs) with the Sarcos Guardian Sea Class robotic system including its dexterous arms.Sarcos and VideoRay will each be able to sell an integrated underwater robotic system and their respective products and provide replacement parts, repair services, and support.“This collaboration is significant for the industry as it will enable Sarcos and VideoRay customers to easily purchase a pre-integrated system combining VideoRay’s best-in-class remotely operated vehicles with our advanced one- or two-armed Sea Class system,” said
Modus Subsea Services Secures Loan from Gordon Brothers
Advisory and investment firm Gordon Brothers said this week it had provided a £5 million (currently around $6,2 million) term loan to Modus Subsea Services (Modus).Modus, specializing in using Underwater Intervention Drones to automate and decarbonize subsea inspection, maintenance, and repair services, has used the loan for refinancing with existing lenders and to assist in developing "best-in-class solutions for clients globally."“We’re delighted to support Modus with a financing package that has provided the headroom to continue building out their market-leading development
T7's Tanjung Offshore Bags ROV Deal with Pioneer Pegasus
Nik Norzrul Thani N. Hassan Thani, Chairman of T7 Global said winning this award on such a high priority pipeline project is testament to the Company’s mini-ROV business. "Our strategy has worked well since our inception in 2019 by providing our underwater inspection, maintenance and repair services through several Petronas projects. Now we will be focusing on expanding the client base through other offshore operators,” he said.The contract is effective from the date of the award and is expected to be completed by the end of 2022.
Reach Subsea Working on Unmanned Surface Vehicles for ROV Ops Support
which will be offered by Reach Remote are viewed with great interest from both offshore wind farm operators and oil and gas asset owners. Reach Remote will be a great enabler, building on framework agreements already in place to position Reach as a preferred supplier of survey, inspection, and light repair services to the fast-growing offshore wind industry. It will also be key to providing services to other markets, such as aquaculture, subsea mining, and environmental surveillance," Reach Subsea said.Cutting Down ROV Ops Costs Credit: Reach SubseaAccording to Reach Susbeam technology
Ocean Power Technologies Launches Hybrid PowerBuoy
extreme weather and heavy seas or in calm, low wave environments, including near-shore and inland bodies of water."The hybrid PowerBuoy can be utilized across many industries and applications, including emergency and short-term power and communications support for maintenance, testing and repair services. It can be configured with OPT’s marine surveillance solution for security monitoring of offshore areas. Customized solutions are also available, including the addition of subsea sensors to monitor for acoustic signatures, tsunami, and other environmental conditions,"
RCCL Taps SGS for Maintenance and Repair
Subsea Global Solutions (SGS) has entered into an agreement with Royal Caribbean Cruises Ltd. (RCCL). Under the agreement SGS will provide underwater hull maintenance and repair services for their fleet of 58 ships trading under six different brands (Royal Caribbean International, Celebrity, Azamara, TUI, Silversea, and Pullmantur). The new agreement is a continuation of the long term relationship between the two companies.
L3 Technologies Wins Navy Deal
L3 Technologies, Ocean Systems Division, Sylmar, California, was awarded a $49,364,268 cost-plus-fixed-fee, firm-fixed-price, indefinite-delivery/indefinite-quantity sole-source contract to provide support and repair services for the TB-23 towed array systems and related test equipment. L-3 will evaluate, salvage, repair and refurbish TB-23/BQ Towed Array System modules and associated test equipment and provide inventory management services. Support services include the engineering and technician services for tasking in the following areas: engineering and technical services, depot operations, logistics
February 2024
