KOIL Energy Lands Multi-Million-Dollar Subsea Deal
, manufacturing, installation and testing of KOIL’s technical solution for subsea safety control systems.The company did not disclose the 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 manufactur
Fugro’s Self-Elevating Platform On Call for Japan’s Offshore Wind
maximum water depth of 42 m.“Transferring the Fugro Amberjack to Japan will help us respond faster to our country’s growing demand for geotechnical SEP services.“The Japanese government targets 10 GW of offshore wind developments by 2030 and 30 GW to 45 GW by 2040.“Our geo-data solutions support the energy transition and are helping to make renewable energy the main source of power in Japan, and we’re proud to have this new asset ready to accelerate the development of Japanese offshore wind farms,” said Junichi Kuwamura, Fugro’s Country Manager for Japan
Ørsted Picks Rovco for Offshore Wind O&M Work in US
U.S. offshore wind market,” said Mitch Johnson, Rovco’s Director of Americas.“The U.S. has the potential to be a leading market for offshore wind and Ørsted is playing a key role in building capacity, so we’re proud to be supporting them with our high-tech offshore wind solutions. This framework agreement is an important contribution to Rovco’s global mission of accelerating the industry’s clean energy transition,” added Brian Allen, CEO at Rovco
Greensea IQ and VideoRay Partner to Enhance ROV User Experience
constant and stable access to the most advanced remote undersea robotics platform available. This Agreement removes the blockages of day-to-day operations and allows us to focus on technology advancement and customer satisfaction while maintaining our collaborative position as a world leader in ROV solutions." said Ben Kinnaman, CEO, of Greensea IQ."With our long-standing partnership, this new deal ensures our capability to address the long-term software demands of our defense customers while harnessing emerging technological advancements to bolster our Mission Specialist capabilities. Ultimately
PXGEO Acquires Modus Subsea Services
platform. The company has also developed and commercialized the industry's first-ever UID subsea residency solution.Residency, where the vehicle remains docked with a subsea docking station for charging and data transfer, aims to provide survey and inspection, maintenance and repair (IMR) solutions that improve sustainability, efficiency, safety and decision-making in the offshore sector.In 2022, Modus secured a world-first contract with Equinor for the provision of underwater intervention drone missions at their Johan Sverdrup field after trialing the scope with the same Norwegian energy
Prysmian Appoints New CEO
the entering into force of the new organizational structure, aimed at supporting the company’s strategic plan and value creation, Prysmian said.The new organization, as already announced in December, is composed of four business units — Transmission, Power Grid, Electrification and Digital Solutions — and is aimed at ensuring utmost coverage of the key market trends related to the energy transition and the digital transformation, in addition to supporting the company’s growth ambitions.Besides the four business units, Prysmian’s matrix structure has nine geographical areas
Kraken Robotics Sees Strong Momentum Continuing
significant new business and improve our execution in the future.”Reid says the future is bright thanks to the notable acceleration in demand for dual use defense and commercial technologies for subsea security, surveillance, and infrastructure inspection. Kraken provides advanced technology solutions to these markets.In the mine countermeasures (MCM) market, Kraken is one of a small number of companies with proven operational solutions, solid reference customers and has the best price/performance offering, says Reid. This is against a backdrop where existing Navy equipment is often dated, and
DEME Scoops ‘Most Extensive’ Cabling Contract in Its History
DEME has been awarded two contracts from cable solutions provider Prysmian for the engineering and installation works for the IJmuiden Ver Alpha and Nederwiek 1 offshore grid systems in the Netherlands, whose combined worth is over $315 million.This is the most extensive cabling award in DEME’s history and marks the company's first project involving Prysmian’s 525 kV HVDC cable technology, featuring increased transmission capacity, according to the company.The contracts encompass cable installation, landfall and rock placement, dredging, and infrastructure works.This includes the
Balmoral Comtec Expands Workforce Following Rosebank Win
, Construction, and Installation (iEPCI) contract for Equinor’s Rosebank project in 2023.Matthew Toler, UK Country Manager at TechnipFMC, said, “Balmoral Comtec is making an important contribution to the success of the Rosebank project through its extensive experience and high-quality solutions. Rosebank supports jobs and opportunities for people who want to continue or start a career in the energy industry, as well as helping enable the new opportunities the energy transition presents.&rdquo
February 2024
