Subsea World News has put together a recap of the most interesting articles from the previous week (November 09 – Nvember 15).
The agreement also enables Subsea 7 access to participate in relevant Premier decommissioning scopes.
After seeking coverage for its claims, GC Rieber has achieved final settlement with the Administrators to take ownership of the VLS tower and associated parts installed on the Polar Onyx.
Adjusted EBITDA of $351 million and margin of 29.2% reflected significant progress on several projects and included positive contribution from projects in the final stages of execution.
The hull of the vessel, of VARD 3 19 design, was built at Vard Tulcea and Contsanca in Romania.
The 178 meters long Normand Maximus will now be towed by NOR Chief to Norway for final outfitting at Vard Brattvaag.
The Nemo Link interconnector will deliver a 1000 MW electricity link between the UK and Belgium.
Nemo Link will consist of subsea and underground cables connected to a converter station and an electricity substation in each country.