Positive
Project advancing - milestone achieved
Medium Impact
Significant progress or notable issue
Global Marine Systems entered into an agreement with ABB to complete subsea power cable installation works on three projects, including the StatoilHydro Gjøa power-from-shore link between the Mongstad power plant north of Bergen and the Gjøa floating production platform in the North Sea. Under this agreement, Global Marine Systems, replacing a previous installation provider, will use vessels such as CSV North Ocean 102 and CLV Team Oman along with associated personnel and equipment to finish the Gjøa cable installation campaign, which was estimated to be completed by Q2 2010 and is expected to cut CO2 emissions by about 250,000 tonnes per year from the platform.