Search results for: Subsea 7

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18 April 2019 Contracts & Tenders

Vattenfall has contracted Seaway 7, part of Subsea 7, for work on the Hollandse Kust Zuid 1&2 offshore wind project in the Netherlands. Seaway 7 is in charge of the transport and installation of 76 monopile foundations and the laying of the inter-array cables. The company has also been selected as one of the partners for […]

12 December 2018 Business & Finance, Contracts & Tenders

Ørsted North America has awarded Seaway Offshore Cables (SOC) with a contract for the supply and installation of inter-array cables at the Coastal Virginia Offshore Wind (CVOW) project in the U.S.

29 August 2018 Business & Finance

Subsea 7 has expanded the organisational structure of its Renewables and Heavy Lifting (RHL) Business Unit, which serves the offshore energy sector. The move came a few months after the company acquired Siem Offshore Contractors.

11 April 2018 Business & Finance

Subsea 7 has completed the acquisition of Siem Offshore Contractors (SOC) and cable lay vessel Siem Aimery and support vessel Siem Moxie.

9 March 2018 Business & Finance

Subsea 7 is bidding on a tender to provide and install foundations for the Dieppe et Le Tréport and Iles d’Yeu et de Noirmoutier offshore wind farms in France.

1 March 2018 Business & Finance

Subsea 7 has signed an agreement to acquire the entire share capital of Siem Offshore Contractors (SOC), as well as cable lay vessel Siem Aimery and support vessel Siem Moxie, subject to competition clearance in Germany.

22 February 2018 Business & Finance

Subsea 7 will acquire 60% holding in Xodus Group from Chiyoda Corporation, which will retain a 40% stake in the engineering and advisory consultancy as a joint venture partner.

9 November 2017 Business & Finance

Subsea 7 reported a revenue of USD 1,063.3 million (approx. EUR 916 million) for the third quarter of 2017, a 15% increase compared to Q3 2016, largely due to increased activity in the renewables sector with the Beatrice project being in the spotlight. 

27 April 2017 Business & Finance

Subsea 7 reported revenue of USD 897 million for the first quarter of 2017, a 20% jump compared to the same period a year earlier mainly due to a good performance of the company’s newly formed Renewables and Heavy Lifting division.

13 March 2017 Business & Finance

Subsea 7 acquired 50% stake in Seaway Heavy Lifting (SHL) from K&S Baltic Offshore (Cyprus) on 10 March. SHL was a joint venture company in which Subsea 7 held a 50% interest, hence the company is now a wholly-owned subsidiary of Subsea 7.

17 January 2017 Business & Finance

Subsea 7 informed today that it had made an offer to acquire the 50% shareholding in Seaway Heavy Lifting (SHL) currently owned by K&S Baltic Offshore (Cyprus). If the offer is accepted, Subsea 7 would become the sole owner of SHL, since it already holds a 50% interest in the company.

23 May 2016 Business & Finance, Grid Connection, Vessels, Wind Farm Update

Subsea 7 has teamed up with Seaway Heavy Lifting on an engineering, procurement, construction and installation (EPCI) contract for wind farm turbine foundations and array cables to be installed at the 588MW Beatrice offshore wind farm located in the Outer Moray Firth, Scotland. The value of the contract is over USD 1.3 billion (over GBP 896 million), according to Seaway Heavy […]

8 October 2012

Bechtel and Subsea 7 announced today that they will work together to develop offshore wind and associated transmission projects in Europe, including the UK and Germany. The non-exclusive joint approach provides customers with Bechtel’s unmatched experience designing and building some of the world’s most complex projects and Subsea 7’s global expertise in seabed-to-surface engineering and […]

19 January 2011 Business & Finance

Subsea 7 S.A. (NASDAQ-GS: SUBC; Oslo Børs: SUBC) announces the launch of its offshore renewables division, transferring its proven seabed… (global3digital) [mappress] Source: global3digital, January 19, 2011

31 August 2017

Stockton-based supplier of fabrication and engineering services Francis Brown has fabricated and installed a 700Te carousel for Ecosse Subsea Systems (ESS) which will be used for the storage of spare cables for UK offshore wind farm projects.

27 July 2017

Ecosse Subsea Systems (ESS) today (27 July) informed that it had designed, built and delivered a 700Te carousel to a major international infrastructure group, which will be used for the storage of cables required for UK offshore wind farm projects. ESS did not disclose the name of the client.

24 February 2017 Business & Finance

Subsea cable demand will grow at a compound annual growth rate (CAGR) of 7% over the 2017-2021 period, with the offshore wind sector driving the market demand, according to this year’s first issue of Douglas-Westwood’s biannual Subsea Cable Tracker report.

10 August 2016 Technology, Vessels, Wind Farm Update

James Fisher Subsea has identified 37 positive unexploded ordnance (UXO) targets at the site of the proposed 111MW Nordergründe wind farm in the German part of the North Sea. The contract, with German wind farm developer, wpd, required the JF Subsea team to locate, excavate, and identify targets so any unexploded devices could be safely detonated by German […]

18 March 2013 Technology

Following an extensive review of displacement and relocation of a variety of seabed materials using controlled and mass flow techniques, Red7Marine has responded by developing the new SeaVex range of non-intrusive subsea excavation equipment for Pipeline, Cable & Umbilical Trenching/Deburial, IRM and Decommissioning services. SeaVex subsea equipment meets a wide range of applications utilising the […]

11 March 2019 Business & Finance, Vessels

Glomar Offshore has acquired subsea support vessels Bourbon Arethuse and Bourbon Amilcar, which are set to serve the renewables and oil & gas markets. Bourbon Arethuse and Bourbon Amilcar will respectively be renamed to Glomar Worker and Glomar Supporter, the company said. After modifications and upgrades at Globaltic Marine’s yard in Gdynia, Poland, the two vessels will be dedicated to serving […]

18 September 2018 Contracts & Tenders, Grid Connection

Offshore grid operator TenneT has issued a call for competition for the delivery and installation of submarine power cables that will connect offshore platforms to the Dutch grid.

14 September 2018 Contracts & Tenders, Operations & Maintenance

The UK-based First Subsea has secured a contract to provide Platform Mooring Connectors (PMCs) for the 25MW WindFloat Atlantic floating wind project in Portugal. The company will supply nine PMCs, each with a 5500kN minimum breaking load, to the project’s three MHI Vestas V164-8.4MW wind turbines to be installed 20km offshore Viana do Castelo. The PMCs will be used to connect […]

10 August 2018 Operations & Maintenance, Wind Farm Update

HBC Group has completed the Ørsted Subsea Inspection Campaign on four offshore wind farms in the UK and the German North Sea.

27 June 2018 Business & Finance, Contracts & Tenders, Operations & Maintenance

Equinor, formerly known as Statoil, has awarded Reach Subsea with a contract for survey and inspection, maintenance and repair (IMR) works at Dudgeon and Hywind offshore wind farms, which Reach Subsea will execute together with MMT.

14 May 2018 Business & Finance, Technology

Rovco has secured a GBP 1.2 million funding for the launch of its new live 3D subsea survey system, which is said to cut down the cost of underwater inspections and maintenance.

10 May 2018 Contracts & Tenders

Ørsted has awarded HBC Group with another contract to conduct subsea inspection campaigns at an undisclosed number of its offshore wind farms.