UK-based subsea services firm Reef Subsea is to split up into three independent companies after its January buyout by Norwegian private equity outfit Hitecvision. The three new companies will be Reef Subsea, X-Subsea, and Technocean Subsea…
IHC Merwede has announced that it has appointed Bram Roelse as the company’s new CEO with immediate effect as of 1 April 2014. He has taken over this leading role within the company from predecessor Dirk Philips who stepped back in November 2013…
ELF Exploration UK Ltd., an affiliate of Total E&P UK Ltd., has awarded Ocean Installer a contract for dredging services at the West Franklin field. The work scope involves excavation/dredging services at 93 metres depth to remove the…
IHC Merwede has been successful in securing orders worth US$473 million for a wide range of dredging and offshore vessels and equipment. The company’s dredging division has won new contracts for the delivery of a large custom-built trailing suction hopper dredger…
Reef Subsea is to restructure its business into two divisions - one focused on integrated subsea projects and to be led by a new managing director. Reef Subsea Integrated Projects, formed by the merger of Reef Subsea Power & Umbilical and Reef Subsea Norway…
Daewoo E&C awarded Royal Boskalis Westminster N.V. (Boskalis) an EUR 80 million contract regarding dredging and reclamation of new land for Songdo International City on the waterfront of Incheon, South Korea. The project consists of reclamation…
International contractor Van Oord is in the final stages of commissioning its first shallow-water pipelay vessel, Stingray, at the COSCO shipyard in Nantong, China. Meg Chesshyre spoke with Maurice de Kok, Van Oord Offshore’s area manager for offshore pipeline installation…
Dredging company Boskalis launched a takeover of Dutch marine contractors Dockwise, acquiring a 33% stake in the company. The acquisition is backed by Dockwise shareholder HAL Investments, which holds 32% outstanding shares. Dockwise has not yet accepted Boskalis’ buyout offer of E18…
Polar PrinceReef to conduct seismic installation at GraneReef Subsea announced that one of its Norwegian subsidiaries, Reef Subsea Norway, has been awarded a major contract by Statoil for the full seismic system installation of the Grane field offshore Norway…
Fugro recently took delivery of the first of two SMD QT1400 trenching systems for burial of cables, umbilicals and flowlines up to almost 36in diameter. The vehicle is equipped with a 3m jetting tool for soils of 100KPA, a mechanical chain…
Boskalis plants flag in Dockwise takeoverDockwise dissatisfied with $884 million offer. Dockwise's board of directors have announced that it is dissatisfied with an $884 million offer by Dutch dredging company Boskalis.Shareholders…
As the giant Nord Stream project, involving 3 million tonnes of rock dumping over two and a half years, comes to an end, Tideway has picked up another substantial project from Subsea 7 for Total's Laggan Tormore project. Meg Chesshyre reports…
Gas is due to start flowing through Nord Stream this month following completion of preparatory works on the first of the twin 1224km-long gas pipelines running through the Baltic Sea between Russia and Germany. Formal inauguration of line one…
Letters of intent for the removal of two redundant North Sea platforms, H7 and 2/4-S, have been awarded by Statoil on behalf of operator Gassco. AF Decom Offshore will remove and sell H7, while Saipem UK will remove 2/4-S. Both installations are to be removed by the end of 2014…
FIRMSSubsea 7 has entered a global technology partnership agreement with CRC-Evans Pipeline International. Under the agreement CRC-Evans' automatic welding, coating and testing technologies will be installed at the Subsea 7 pipeline fabrication spoolbases in Angola…
