Top News of the Week of Sep 09 – Sep 15, 2013

Business & Finance

September 15, 2013

Fugro has reached agreement to acquire DCN Global LLC (‘DCN Global’), a company specialising in the provision of subsea engineering and diving services to the offshore civil and oil & gas industry, primarily in the Middle East.

2. BP Awards Over £1 Bln in Contracts for Re-Development of Quad 204

BP announced that it, and its partners, have now awarded over £1 billion in contracts to UK-based companies to provide services and equipment for the major re-development of the Schiehallion and Loyal oil fields to the west of Shetland.

3. FMC Technologies to Supply 16 Subsea Manifolds for Petrobras’ Fields

FMC Technologies, Inc. announced that it has signed an agreement with Petrobras, Brazil’s national oil company, for the supply of subsea manifolds for its pre-salt fields, located offshore Brazil.

4. Fugro Launches New Submarine Rescue Simulator at DSEI

Fugro Subsea Services Ltd gave the first public showing of its new Submarine Rescue Vehicle (SRV) simulator at the DSEI show in London.

5. TE SubCom, SubPartners Ink System Supply Contract for APX-West Submarine Cable

TE SubCom, a TE Connectivity Ltd. Company and an industry pioneer in undersea communications technology, and SubPartners Pty Ltd (SubPartners) announce the signing of a system supply contract for the APX-West submarine cable system from Perth, Australia to Singapore. APX-West will deliver low-latency, diverse capacity between Australia and Singapore.

Top News of the Week of Aug 26 – Sep 01, 2013

Subsea World News Staff, September 15, 2013