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Subsea Services News

08 Mar 2024

TDI-Brooks' Retrofitted Vessel Arrives to US for Offshore Wind Work

RV Nautilus (Credit: TDI-Brooks)

TDI-Brooks' latest dynamic positioning vessel, the RV Nautilus, has reached the shores of the East Coast of the United States ahead of work for offshore wind sector.After undergoing a six-month retrofit in Las Palmas, the 2000-built vessel will be put to work to provide support for offshore wind projects and various other subsea needs.With the length of 75-meters, the DP2 vessel is equipped with advanced technology, including a Geomil Manta-200 CPT that can be deployed through the mid-ship moonpool.The system can penetrate the soil up to 40-50 meters…

07 Feb 2024

CBED Inks Full-Year Contract with Hughes Subsea for Wind Evolution SOV

Danish shipowner CBED has signed a contract with Hughes Subsea, a subsidiary of OEG Energy, for Wind Evolution’s first offshore project, just three weeks after acquiring the service operation vessel (SOV).With the new walk-to-work contract, CBED has secured full activity for Wind Evolution SOV until early first quarter of 2025, with two additional one-year options to extend the project contract.OEG Energy’s Hughes Subsea specializes in subsea services across the offshore oil and gas, renewable energy, and other sectors.CBED will take delivery of Wind Evolution end of March 2024.

06 Feb 2024

Siem Offshore Inks $682M Long-Term Deals for Two Well Intervention Vessels

(Credit: Helix Energy Solutions)

Oslo-listed offshore vessel owner Siem Offshore has secured long-term contracts with Helix Energy Solutions for two of its Siem Helix well intervention vessels.The contracts, valued at a total of $682 million, follow the letter of intent the companies announced in November 2023.The new contracts for Siem Helix 1 and Siem Helix 2, effective from January 1, 2025, and January 1, 2026, respectively, replace existing agreements and ensure firm utilization for these key vessels until at least 2030.With a duration of 6 years for each vessel…

30 Jan 2024

TDI-Brooks' New Vessel Ready for Work

(Photo: TDI-Brooks)

TDI-Brooks' newest vessel R/V Nautilus (formerly known as Nautical Geo) is ready to go to work following a 6-month retrofit period in Las Palmas.The DP2 vessel is currently enroute to the U.S. East Coast to provide support for offshore wind operations. It is expected to be fully prepared for the first offshore wind program by early March.Built in 2000, the 75-meter-long vessel is equipped with the newly-acquired Geomiil Manta-200 CPT, which can be deployed through the mid-ship moonpool.

29 Dec 2023

Mermaid Secures $10M Loan to Repay Subsea Vessel Acquisition

(Credit: Mermaid Maritime)

Thai subsea services company Mermaid Maritime has through its subsidiary Mermaid Subsea Oil and Gas Services (MSOGS) secured a loan of up to $10 million for the acquisition of Mermaid Sapphire ROV support vessel.The loan agreement, SinoPac Capital International, will facilitate the reimbursement of Mermaid’s equity used for the acquisition of the Mermaid Sapphire.The Mermaid Sapphire is a DP2 remotely operated vehicle (ROV) support vessel equipped with a deepwater work-class ROV…

11 Dec 2023

C-Innovation Names Cribley Business Development Manager

Lucas Cribley (Photo: C-Innovation)

Edison Chouest Offshore (ECO) affiliate C-Innovation (C-I) has welcomed back Lucas Cribley as its new business development manager.During his more than 20-year career, Cribley worked as the program manager and first employee in a joint venture start-up between ECO and FMC Technologies, in which he secured and managed major Inspection, Maintenance, & Repair (IMR), light construction, and Riserless Light Well Intervention (RWLI) projects. As a senior manager at TechnipFMC, Cribley…

23 Nov 2023

N-Sea Extends Braveheart Spirit Charter to 2025 End

Credit: N-Sea

Subsea services firm N-Sea said Thursday it had extended the long-term charter agreement for the vessel Braveheart Spirit until December 31, 2025.Since April 2022, N-Sea has had the vessel under full management and control. The vessel, formerly known as the DPSV Bourbon Gulf Star vessel, built in 2010, was acquired in 2021 by Braveheart Marine, converted and upgraded.The DP2 vessel has a carrying capacity of around 3,000t DWT, an overall length (LOA) of 73.2 meters, 16.5 meters in width…

13 Nov 2023

N-Sea Charters Offshore Support Vessel from Rederij Groen

Credit: N-Sea Group

Subsea services firm N-Sea Group has agreed to charter Rederij Groen's Dutch-flagged vessel 4-WINDS, an offshore support vessel built in 2012. The 4-WINDS is 60.25 meters long, with a 14.95-meter beam and a draught of 5 meters.According to N-Sea Group, which offers survey, IRM & construction, subsea cable repair & installation, and UXO ID and disposal services, the 4-WINDS is the ideal vessel to execute survey and other subsea tasks in the North Sea. "With the long-term charter of the 4-WINDS N-Sea is strengthening its footprint and position in the subsea service industry…

10 Nov 2023

Reach Subsea Partners with Agalas for New IMR/Survey Vessel

Credit: Reach Subsea

Reach Subsea, a Norwegian subsea services company, has signed a long-term charter contract with Agalas for a modern IMR/Survey vessel to be built in Turkey.According to Reach Subsea, to be hired on three or five-year charter, will has a low emission, smart lifting arrangement and a state of the art equipment package that can be adapted to several market segments, with delivery early 2026.Reach Subsea CEO Jostein Alendal said:"The market for subsea vessels is expected to remain tight for the foreseeable future…

10 Oct 2023

Unmanned Surface Vessel Set to Transform Subsea IMR & Offshore Survey Work

Credit: DeepOcean

Subsea services company DeepOcean and the Norwegian oil and gas company Aker BP have agreed to "pioneer" the use of an unmanned surface vessel (USV) for subsea inspection, maintenance, and repair (IMR) and survey work.The first USV is planned to be ready for offshore operations from 2025, when it will go on an eight-year charter agreement with DeepOcean from specialist provider USV AS."Aker BP and DeepOcean already cooperate under a frame agreement for subsea IMR and survey work, and Aker BP has contributed to the development of the USV.

10 Aug 2023

TDI-Brooks Adds 75m DP2 Ship to its Fleet

Image courtesy TDI-Brooks

TDI-Brooks increases its vessel capacity by adding a 75-meter DP2 vessel,  R/V NAUTILUS to its fleet, a ship that can offer a variety of offshore assistance with subsea services, construction aid, exploration, production, ROV and diving support, and scientific marine research and survey mapping, along with military support.This vessel is currently about 60% through its retrofit period in Las Palmas, scheduled to complete its shipyard period in late September 2023 and then transit to Trinidad for several geotechnical coring projects.

29 Mar 2023

ADS Maritime Holding Acquires 10% Stake in High-Spec Dive Support Vessel

Southern Star conducting SAT Diving operations in DP3 for Shelf Subsea Malaysia, January 2020 - ©Tasik Subsea

ADS Maritime Holding said Wednesday it had acquired a 10% stake in a Dive Support Vessel and will act as Commercial Manager with primary responsibility for following up the shipowning company’s activities related to the vessel and the bareboat contract.The vessel “Southern Star” is a high spec DP3 Dive Support Vessel (“DSV”) built in 2017, suited for light subsea construction work (150t subsea crane) and advanced dive support work with accommodation for approximately 120 pax.

22 Mar 2023

DeepOcean's Fleet Gets a Boost with Olympic Ares Vessel Charter

Subsea services firm DeepOcean has taken the Olympic Ares multi-purpose support vessel (MPSV) on a two-year charter. The vessel is owned by the Norwegian shipowner Olympic Subsea.The vessel is a modern construction support vessel equipped with a 250 Te crane. It will provide subsea inspection, maintenance, and repair (IMR), light construction, and recycling services to DeepOcean’s clients in the offshore renewables and oil and gas industries.Øyvind Mikaelsen, CEO of DeepOcean…

03 Mar 2023

MMA Offshore's Vessel Trio Nets Offshore Wind Contracts in Taiwan

Australian offshore support vessel owner MMA Offshore said Friday it had secured three contracts supporting offshore wind farm developments in Taiwan during 2023.The three contracts, with firm periods totaling 370 days, will increase the company’s contracted revenue by a total of approximately A$30 million (currently USD 20,2 million) and could provide additional revenue of approximately $15 million from 180 days in additional option periods.In March 2023, MMA Pinnacle vessel will mobilize from Singapore to Taiwan to support Seaway 7 on a wind farm development project.

24 Feb 2023

DOF Subsea's Flagship Vessel Wins More Work

Norwegian subsea services company DOF Subsea has secured more work for its Skandi Africa vessel.The client, which DOF Subsea did not name, has exercised an extension option for the subsea service vessel, with the new commitment now running until February 2025.DOF Subsea CEO, Mons S. Aase, said: "Skandi Africa is the most sophisticated vessel in our fleet, and we are looking forward to continuing the journey, delivering successful installation campaigns.”Skandi Africa is designed for harsh environments, deepwater subsea construction, and flexlay operations. The 160.9-meter-long vessel was built in 2015, when it began its five-year charter with Technip (now TechnipFMC).According to MarineTraffic.com…

08 Feb 2023

Reach Subsea Nets North Sea Decom Gig

Oslo-listed subsea services provider Reach Subsea said Wednesday it had won a decommissioning contract in the North Sea. The contract is with an undisclosed client, and represents around 40 project days for execution in Q1 2023. Reach Subsea will use the Olympic Delta vessel for the project. Financial details were not disclosed.Olympic Delta is a subsea vessel equipped for light IMR and survey work for both the oil and gas and renewables sectors.Reach Subsea has an existing cooperation with Olympic Subsea for Olympic Delta, and the parties have agreed to extend the cooperation for the whole of 2023. Currently, the extended cooperation comprises an additional 150 days of firm work for the two ROVs currently mobilized on the vessel.

24 Nov 2022

Reach Subsea to Add Two ROV Support Vessels to Its Fleet

Edda Sun - Credit: Reach Subsea

Norwegian subsea services company Reach Subsea said Thursday it had struck a deal to expand its operating fleet with two ROV support vessels.The company said it had secured "significant vessel capacity for the coming four years" through a deal to buy the multipurpose ROV support vessel Edda Sun for $29 million and through a charter contract for the multipurpose ROV support vessel Go Electra with a duration, including options, through 2027."With the favorable terms on the two new vessels…

30 Sep 2022

DOF Subsea Nets U.S. Gulf of Mexico Work

Subsea services company DOF Subsea said Friday it had won multiple contracts in the U.S. Gulf of Mexico. The company has received a contract award for the provision of services to "a major operator" in the Gulf of Mexico, starting in the fourth quarter of 2022.

29 Sep 2022

Subsea 7 Charters Otto Candies, Bordelon Marine Vessels for GOM Ops

Credit; Subsea 7

Subsea 7 has signed four long-term vessel charter agreements in the Gulf of Mexico with Otto Candies and Bordelon Marine to boost offshore construction, inspection, maintenance, and repair (IRM), ROV survey, and pipe/umbilical laying support activities. in the Gulf of Mexico. Grant Candies, Wyatt Candies, and Ross Candies are IRM, survey, and light construction vessels under charter with Otto Candies LLC. The Connor Bordelon is a multipurpose supply vessel under charter with Bordelon Marine LLC. The contracts have differing start dates and durations, with options for extensions.

28 Sep 2022

Offshore Vessel Firm Bourbon Sets Up Offshore Wind Division

Credit: Bourbon

French offshore vessel services firm Bourbon has set up a new division dedicated to offshore wind called Bourbon Wind, which will support the group's ambition to become a major player in the entire value chain: pre-studies,  transport and installation services, field maintenance, floaters repair, and personnel transport. Bourbon Wind will coordinate all the group's activities in the offshore wind field, creating important cross-functional synergies:  Bourbon Subsea Services for development studies…

19 Sep 2022

Petrobras Extends Helix Well Intervention Vessel

Helix Energy Solutions Group, Inc. announced on Monday that it entered into a two-year extension of its well intervention charter and services contracts with Petróleo Brasileiro S.A. (Petrobras) for the Siem Helix 2 well intervention vessel offshore Brazil. The negotiated extension is scheduled to conclude in December 2024 and directly follows Helix’s current contracts with Petrobras.The Siem Helix 2 is a purpose-built, advanced well intervention vessel capable of performing a wide range of subsea services including production enhancement, well decommissioning, subsea installation, offshore crane and remotely operated vehicle (ROV) operations, offshore construction and emergency response.

14 Jul 2022

Reach Subsea Takes Volstad's Deep Cygnus Vessel on a 4-year Charter

Subsea service provider Reach Subsea has chartered Volstad Maritime's offshore construction vessel Deep Cygnus for four years, with an option to extend for one year.The vessel will be equipped with launch and recovery systems (LARS) and ROVs before the delivery to Reach Subsea.Reach will mobilize the 122-meter vessel during February/March 2023 and use the vessel on its own projects within IMR (inspection maintenance and repair) and light construction within the oil & gas and renewables sectors. The financial details of the deal were not disclosed."This subsea spread is well suited for our core focus markets and has a good fit with the tenders we currently have outstanding…

09 Jun 2022

DeepOcean Charters Volstad's Volantis Subsea Construction Vessel

Volantis  - Credit: DeepOcean

Subsea services company DeepOcean has chartered Volstad Maritime's M/S Volantis subsea construction vessel, which will, before starting the charter in 2023, be upgraded with batteries to reduce fuel consumption and emissions.The time charter will run from the first quarter of 2023 until the end of 2024, with options for further extensions."DeepOcean has set a target to achieve a 45 percent reduction in CO2 emissions before 2030. By 2040 we aim to be carbon neutral. Chartering vessels from vessel owners who share the same environmental commitment is key to this strategy…