Subsea 7
Subsea 7 News
Subsea Vessel Market is Full Steam Ahead
Since our last market update in the subsea space about a year ago both our current market view and forecasts have strengthened significantly.While the demand picture is looking solid and arguing for a strong multi-year upcycle, the supply side has also started to wake from its slumber albeit ever so slightly at the time of writing. Moreover, we register an interesting dynamic on the shipowner side…
Seaway7 Gets Baltica 2 Offshore Wind Job
Subsea7's renewables-focused offshore installation subsidiary Seaway7 has secured a ‘sizeable contract’ by PGE Polska Grupa Energetyczna and Ørsted for the transport and installation of the substations for the Baltica 2 offshore wind farm in Poland.Seaway7’s scope includes the transport and installation of four substations. Offshore activity is scheduled to take place in 2026 utilising both heavy lift…
Subsea 7 Pipelay Vessel to be Equipped with Huisman’s Crane
Dutch company Huisman has secured a contract from Subsea 7 for the delivery of its 500MT offshore mast crane for one of pipelay vessels for deep water installations.The 500mt Offshore Mast Crane will be equipped with a passive and active heave compensation system on the main hoist to counter-act the vessel’s heave motion when landing a product onto the seabed.Huisman has upgraded its heave compensation system with a variety of new control modes to extend the operational window…
Talos Inks Three-year Deal with Subsea 7 for US Gulf Projects
Subsea 7 has signed a three-year strategic partnership with Talos Energy to deliver commercial solutions for subsea engineering, construction and installation projects in the U.S.
Yinson Bags $5.3B Deal for its First FPSO Project in Angola
Malaysian company Yinson has secured a firm contract to provide and maintain an FPSO for Azule Energy, a BP-Eni joint venture, in Angola.The contract, awarded by Eni Angola, is for the provision of the FPSO for the Agogo Integrated West Hub Development Project in Angola (“FPSO Agogo”).According to Yinson, the contract is worth about $5.3 billion in total and has a firm period of 15 years from the date of the final FPSO's acceptance.
New Energy Saving System for Subsea 7's Seven Arctic Vessel
Offshore installation services company Subsea 7 said Wednesday that its heavy construction/flex-lay vessel Seven Arctic would be equipped with a new energy-saving system. The new energy-saving and storage system will hybridise the vessel which currently has a total installed power of 27 MW and DP3 classification and is suitable for worldwide operations in water depths up to 3,000 metres. "At the heart…
Miros' WaveSystem for Subsea 7's Petrobras-bound Offshore Vessel Trio
Subsea 7 has awarded Miros Group agreements to install its internet of things (IoT) dry-sensor WaveSystem on three of its pipelay support vessels, ti deliver accurate wave measurements via Miros' cloud-based graphical user interface (GUI) Miros.app.As part of three 3-year contracts and project requirements for the monitoring of wave and current to a water depth of 10 meters, WaveSystem will be installed on Seven Waves…
Keel Laid for Seaway 7's Offshore Wind Installation Vessel 'Seaway Ventus'
A keel-laying ceremony was held earlier this week for Seaway 7’s new offshore wind turbine installation vessel Seaway Ventus.The ceremony was held on Monday, June 6, at the China Merchants Heavy Industry (CMHI) Haimen facility, Nantong.The GustoMSC NG-14000XL-G jack-up vessel was originally ordered by OHT, with which Seaway 7 merged in 2021."This is a very important and satisfying milestone for the Seaway Ventus construction project…
Marlink's Hybrid Network Solution for Subsea 7's Global Fleet
Marlink, a smart network solutions provider, will provide a global hybrid network solution to vessels operated by Subsea 7, a subsea installation giant in the offshore energy industry space.Marlink will provide a secure hybrid network solution to Subsea 7, combining its global Sealink VSAT solution with L-band back-up, global 4G cellular services, and connection to the Tampnet network for operations in the North Sea and the Gulf of Mexico.The contract…
Long-term Contracts with Petrobras for Subsea 7 PLSV Trio
Subsea 7 has announced a very large award by Petrobras for new long-term day-rate contracts for the pipelay support vessels (PLSV) Seven Waves, Seven Rio and Seven…
Seaway 7 Books Siem Offshore Vessel for Seagreen Wind Farm Work
Seaway 7, a renewables branch of offshore installation firm Subsea 7, has chartered one of Siem Offshore's offshore subsea construction vessels (OSCVs).The contract is set to begin in the fourth quarter of 2021, when the vessel will provide walk-to-work services as part of the construction phase of the Seagreen offshore wind farm, in the UK North Sea, 27km offshore Scotland.Under the contract, the vessel will remain with Seaway 7 for a period of 300 days.
Isle of Man Ship Registry Flags Subsea 7’s Reel-Lay Ship Seven Vega
The Isle of Man Ship Registry registered Subsea 7's newest vessel, Seven Vega.It is the eleventh Offshore Support Vessel built for Subsea 7 to be flagged with the Registry. Seven Vega has been designed to install economical flowline technologies that address the growing market trend towards longer tie-back developments, and sets a new standard for offshore pipelay.While most Subsea 7 vessels store piping and cabling in large carousel holds under deck…
Siem Offshore's Siem Barracuda Nets 100-Day Offshore Wind Deal in Asia
Norwegian offshore vessel owner Siem Offshore and Seaway 7, the renewables business unit of Subsea 7, have entered into a contract for an offshore wind project in the Far East.
VIDEO: Subsea 7 Expands Fleet with Newbuild Reel-lay Vessel Skandi Vega
Offshore installation specialist Subsea 7 has expanded its fleet with newbuild reel-lay vessel Seven Vega.Built by Dutch shipbuilder Royal IHC, the Seven Vega is 149 meters long, with a breadth of 33 meters, and a Class 3 dynamic positioning system.Its reel-lay system has a 600-ton top tension capacity consisting of a 32-meter main reel and a 17-meter auxiliary reel with a maximum storage capacity of 5,600 and 1,600 tons respectively.
Seaway 7 to Convert 'Seven Phoenix' into Cable Layer
Seaway 7, the renewables business unit of Subsea 7, is expanding its renewables fleet with a second cable lay vessel.The company, which has access to Subsea 7's pool of vessels, said Wednesday that the Seven Phoenix vessel would be converted to become "a dedicated inner array grid and export cable installation and trenching support vessel."Seaway 7 said the move would improve and grow its position…
Five Injured at Triton Knoll Offshore Wind Farm
Five people were injured earlier this month while working on the Seaway Heavy Lifting's Seaway Strashnov installation vessel on the Triton Knoll offshore wind farm project in the UK.This was confirmed to Offshore Engineer by innogy, the operator of the offshore wind development."An investigation is being carried out into the cause of an accident which happened overnight on Friday 8 May, involving five people who were working on the Seaway Strashnov for Triton Knoll Offshore Wind Farm…
Subsea 7 Scores 'Substantial' Offshore Wind Deal in Dutch North Sea
Offshore installation contractor Subsea 7 has won a "substantial" contract for work on the first subsidy-free offshore wind farm in the Netherlands.The company has been tasked by Vatenfall to transport and install wind turbine monopile foundations and inner array grid cables for the Hollandse Kust Zuid 1-4 offshore wind farm project.Subsea 7 said the contract award was substantial, meaning its value is between $150 million and $300 million.Under the contract…
Offshore Energy Outlook for 2020
The “new normal” is a phrase tossed around often in offshore energy circles today as those servicing and operating in the sector grapple with the harsh realities of the prolonged industry downturn. Operators, service companies and equipment suppliers have been forced to adjust to oil selling at prices well below the $100+ per barrel mark seen in years past. As of this writing, Brent oil was hovering around $62 per barrel…
MarineLink's "Top 10" Festive Video Pops
As 2019 winds down, sit back for a lighthearted look at what the editorial teams at Maritime Reporter & Engineering News, MarineNews, Marine Technology Reporter & Offshore Engineer have found and dubbed the top 10 festive holiday videos from across the maritime, offshore energy and subsea sectors.While this is certainly not the "Oscars," hat's off to Subsea 7 and Port IT for their slick animated productions, and to the U.S.
Video: Subsea 7 Reel Lay Vessel Transported
Subsea 7's newbuild reel lay vessel Seven Vega has been transported from Royal IHC's shipyard in Krimpen aan den IJssel to Rotterdam Heijplaat through the beautiful scenery of Rotterdam.Launched in May 2019, Seven Vega is a high-specification vessel capable of installing complex rigid flowlines including pipe-in-pipe systems. Seven Vega has an overall length of 149 meters, a breadth of 33 meters and a Class 3 dynamic positioning system.
