Search results for: Subsea

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  • 3 October 2019
    Business & Finance

    Subsea 7 has acquired 4Subsea, the Norway-based provider of technology and solutions for the offshore wind and oil & gas markets. 4Subsea will function autonomously within Subsea 7, maintaining an independent brand and management team, as well as Peter Jenkins keeping his role as CEO of the company. An early priority project will be towards monitoring of […]

  • 13 November 2011
    Business & Finance

    Reef Subsea AS announced that they have acquired from Rotech Group 100% of their Rotech Subsea group of companies headquartered in Aberdeen, Scotland. With this friendly and strategic acquisition, Reef Subsea creates a world leader in Seabed Dredging and Mass Flow Excavation services with offices in the main subsea markets of the North Sea, Americas […]

  • 13 May 2015
    Business & Finance

    James Fisher and Sons plc has purchased assets and intellectual property rights of X-Subsea UK Holdings Limited (X-Subsea) for a total consideration of £14.8m. Headquartered in Aberdeen, X-Subsea went into administration on 27 April 2015 following the collapse of its Norwegian parent company Reef Subsea AS. X-Subsea was an operator of specialised excavation, trenching and dredging equipment, […]

  • 13 March 2014
    Business & Finance

    Subsea engineering specialist, Ecosse Subsea Systems Ltd (ESS) has posted a 72% increase in revenue and a £1 million profit in its latest published accounts. The Aberdeenshire-based business has extended its oil and gas expertise into the emerging renewables market and forecasts turnover in the current year will increase to £13 million, and are targeting […]

  • 28 March 2014
    Business & Finance

    DOF Subsea, provider of integrated subsea solutions, has been awarded a Master Service Agreement (MSA) extension with Seaway Heavy Lifting for the provision of positioning services onboard its Stanislav Yudin and Oleg Strashnov crane vessels. DOF Subsea offers services to third parties across the globe through its survey and positioning division. The contract with Seaway […]

  • 27 March 2013

    Reef Subsea Power & Umbilical, based in the North-East of England, with offices in Aberdeen, launched a new and innovative subsea Trench ROV, Q1000 Jet Trencher, in Newcastle upon Tyne on October 4 2012. The Q1000 is a modern free flying ROV jet trencher which can operate in water depths of up to 2000m and […]

  • 6 April 2012

    The offshore wind industry, it would appear, has been plagued by schedules and budgets that have far exceeded expectations, a trend that will inevitably become less of a headline-grabber as more farms come on line and experience is gained. The oil and gas industry, after all, went through similar teething issues in its heady early […]

  • 13 February 2014

    The announcement of the cancellation of the proposed Argyll Array on 11 th December last year, following on from similar news two weeks previously, concerning the Atlantic Array, in the Bristol Channel, both principally due to adverse ground conditions, has highlighted the critical importance of necessary, but ever-more cost effective, site investigation solutions for these […]

  • 25 December 2017
    Business & Finance, R&D

    Ecosse Subsea has increased its turnover and underlying earnings in the current financial year largely due to a number of completed offshore wind and interconnector projects, the company said.

  • 2 February 2015
    Business & Finance, R&D

    The importance of having a variety of capabilities in subsea services is the focus of a new campaign by Dutch geo-services company Fugro. Every two weeks throughout the remainder of 2015, Fugro Subsea will spotlight a different challenge faced by companies that develop, install and operate seabed assets such as wind turbine foundations, pipelines and […]

  • 22 March 2017
    R&D, Technology

    Statoil has awarded 4Subsea with a master service agreement covering services and research projects related to structural integrity of fixed and floating offshore installations, including offshore and floating wind farms.

  • 5 March 2013

    Reef Subsea Group, a leading subsea service provider, has announced changes to its management and board with immediate effect. Mark Preece is to step down as CEO of the Reef Subsea Group by mutual agreement. The board has acknowledged and thanked Mr Preece for his efforts in developing and positioning Reef Subsea as a strong […]

  • 4 March 2015
    Business & Finance

    Following an acquisition of its subsea business by Reef Subsea UK in 2011, Rotech Group is now re-entering the market with its Rotech Subsea company.  Having previously built up and operated the Rotech Subsea mass flow excavation business from 1999, Rotech Subsea‘s equipment was subsequently sold to Reef Subsea UK in 2011. The new business, led by Stephen Cochrane […]

  • 16 November 2011

    Reef Subsea AS announced that they have signed two five-year charter agreements for two newly-built dynamically positioned subsea construction vessels – Neptune Despina and Neptune Larissa – from Neptune Offshore AS. Simultaneously Neptune Subsea AS, the ship owning company of the vessels, welcomes Reef Subsea as a 25% shareholder. Both vessels have been recently delivered […]

  • 13 February 2013

    Any activity underwater and on or under the seabed in the various offshore energy sectors can usually be prefixed by the word “subsea”. Subsea activities began in earnest in the 30’s and 40’s of the last century with the first offshore oil wells. It was, however, the Victorian engineers laying communication cables across the seas and building ports to […]

  • 3 June 2011
    Business & Finance

      Norwegian based subsea operations company DOF Subsea has enhanced its management team to strengthen the company’s focus on the renewable energy sector and to further utilise DOF Subsea’s current and future construction fleet of vessels. The company has appointed Kevin Moran as Vice President of Renewables. Formerly Strategy and Business Development Director for Wood […]

  • 22 January 2013

    Reef Subsea announced they have secured new premises in Aberdeen, Scotland, to gather their local teams and operations under one roof namely ‘Reef Subsea House’, located within Altens Industrial Estate, south of the city. The bespoke building will support Group’s companies to continue to develop their respective businesses on a global scale from this key […]

  • 14 November 2013
    Grid Connection, Technology

    Cable connectors for the Fukushima floating wind farm project, offshore Japan, are supplied by First Subsea to connect 66kV and 22kV cables to a 2MW wind turbine and floating substation. The facility’s floating 66kV power substation is the first of its kind for the offshore wind energy industry. Three First Subsea cable connectors have been […]

  • 7 June 2013
    Business & Finance

    Reef Subsea today announced that it will undergo a strategic group-wide restructure to position the company for further growth and future success. Duncan MacPherson, who previously held the role of Managing Director of Reef Subsea Norway, has been promoted as the CEO of Reef Subsea with the responsibility of implementing the new strategy. Reef Subsea […]

  • 23 April 2014
    Business & Finance, Grid Connection, Operations & Maintenance

    Reef Subsea has announced a re-organization to create three independent companies: Reef Subsea, X-Subsea and Technocean Subsea, all with separate management and independent strategies. The existing senior management will continue to lead the three new entities, delivering consistent expertise in the niche markets. Reef Subsea, to be headquartered in Thornaby, north-east England, will continue to […]

  • 22 August 2011
    Operations & Maintenance, Wind Farm Update

      GC Rieber Shipping and the subsea contractor Technocean has agreed on a one year extension of the charter regarding vessel “Polar Prince”. The time-charter with Technocean for the subsea vessel “Polar Prince” has been extended to September 2012. The vessel is engaged in subsea operations related to installations of offshore wind farms in the […]

  • 10 September 2012

    Reef Subsea announced that its subsidiary company, Reef Subsea Power & Umbilical, has placed an order for a Heavy Duty Cable Plough, which will expand the company’s capabilities and position it as a true leading contractor in subsea trenching and cable installation. Reef Subsea Power & Umbilical, based in the North-east of England with offices […]

  • 25 July 2012

    Subsea connector specialist, First Subsea Ltd has appointed John Shaw as managing director. Previously First Subsea’s global operations director, he will be responsible for the on-going development and growth of the company’s ball and taper connector business in the oil and gas and renewable energy markets. Before joining First Subsea in 2011, Mr Shaw was […]

  • 16 June 2014

    Connector specialist First Subsea will introduce a revolutionary cable connector for offshore wind turbines at Windforce 2014 in Bremen (17-19 June). The Hang Off Connector reduces the time, cost and risk associated with offshore cable installation. Unlike traditional hang off devices, the First Subsea Connector provides an instant airtight structural connection to the lower deck, significantly reducing […]

  • 22 December 2011

    Industry experts will tackle the challenges of “reaching further and going deeper” at next year’s subsea flagship event – Subsea 2012, supported by principal sponsor Shell. Subsea UK has today announced the theme for its annual conference and exhibition which will attract around 2,000 leading figures from the across the global subsea industry to Aberdeen […]

  • 4 February 2013

    Soil Machine Dynamics Ltd (SMD) announced the early delivery of an HD3 inter array cable plough to Reef Subsea Power & Umbilical Ltd. (RSPU). RSPU has named the vehicle HDIA (Heavy Duty Inter Array) Plough and is to be mobilised onto the Polar Prince subsea construction vessel. The HD3 cable plough, which is scheduled to […]