Highlights of the Week
- Business & Finance
Subsea World News has put together a recap of the most interesting articles from the previous week (August 07 – August 13).
The two-year search was suspended in January this year after it failed to find the MH370 flight that vanished on March 08, 2014, en route from Kuala Lumpur to Beijing with 239 passengers and crew aboard.
Siemens Subsea is developing a complete subsea power network with a group of partners, led by Chevron and including Statoil, Exxon and Petrobras, as part of a Joint Industry Program (JIP).
The vessel was initially named IES Energy and built for Malaysian based joint venture company IES Pioneer.
Shelf intends to use the vessel to provide integrated diving and ROV services to clients across Asia Pacific.
General partnership between SNC-Lavalin, Dragados Canada and Pennecon has been awarded a construction contract from Husky Energy as part of the company’s West White Rose Project in Newfoundland and Labrador.
SNC-Lavalin and Dragados Canada each hold 40% of the shares, while local company Pennecon is a 20% partner.