Equipment
NOV, GE join forces for FPSO topside solutions
National Oilwell Varco and GE Oil & Gas announced on Thursday the execution of an agreement to collaborate on delivering integrated solutions for Floating Production Storage and Offloading (FPSO) vessels. The agreement brings together the complementary product offerings and engineering capabilities
Rotech Subsea Completes MBO
Rotech Subsea has successfully completed an MBO (management buy-out) of the Rotech group of companies in a move that will see the company strengthen its position in subsea mass-flow excavation business. Following the MBO, the group’s three operating companies – Rotech Subsea, Rotech Engineering, and
STR Now Offers Predator and Gremlin Range of Dredgers
Subsea Technology & Rentals Ltd. (STR) has entered into a partnership agreement with Aberdeen based Subsea Tooling Services (STS) to hire, service and support their high performance range of subsea dredging systems. The Predator and Gremlin range of dredgers will become the latest offering from STR
Kongsberg’s Clariscan Sonar Ready for Delivery
Following the introduction at the beginning of this year Kongsberg informed that its Clariscan domed scanning sonar is now available. Clariscan combines wide bandwidth composite transducer technology, developed by Kongsberg Maritime’s Canadian subsidiary Kongsberg Mesotech, with a patented acoustic
Saipem scores $1.66 B worth of offshore contracts
Italian oilfield contractor Saipem has won new contracts worth more than 1.5 billion euros, or 1.66 billion in U.S. dollars. The contracts, for offshore engineering and construction services, include work on the development of the supergiant gas discovery Zohr in Egypt. Namely, the company has been
DeepWell Wins with Statoil
DeepWell, the Norwegian well intervention company, has secured a long-term contract for provision of mechanical wireline services to Statoil. The contract value for the firm period, including options for add-on services, is estimated to exceed NOK 1 billion over a four-year period, or more than NOK
Fincantieri Delivers Pietro Venuti Submarine to Italian Navy
The ‘Pietro Venuti’ submarine was delivered from Fincantieri’s shipyard of Muggiano (La Spezia). It is the third in a series of four sister units of the U212A Todaro class, which the Central Unit for Naval Armament – NAVARM has ordered from Fincantieri for the Italian Navy. Venuti has a surface disp
MDL’s Reel Drive System Concludes Its First Assignment
The latest addition to Maritime Developments’ hire fleet has completed its first mission, two years since delivery to its original client. The equipment in question is a 400-tonne reel drive system (RDS), originally purchased by Ceona Offshore. Although delivered to client in mid-2014, the system re
Telia Carrier Deploys Coriant Solution in Pan-European Backbone Network
Telia Carrier, the internet backbone provider, and Coriant, a supplier of SDN-enabled end-to-end packet optical networking solutions, have introduced 400G-capable Coriant CloudWave Optics technology in Telia Carrier’s pan-European backbone network. The power-efficient coherent interface technology w
Subsea in June
Subsea World News has gathered all the highlights to bring you a summarized version of the most popular articles from the previous month. The seabed-to-surface engineering and construction services provider, Subsea 7, made our top news a few times this month, including the announcement of a second p
NOC to Host Another Marine Autonomy Showcase
The UK’s National Oceanography Centre is to host a new Marine Autonomy and Technology Showcase in November this year. The week-long programme of workshops, talks, demonstrations and networking builds on the success of our 2015 Marine Autonomy Showcase, and the launch of the Marine Robotics Innovatio
Olympic Shipping Strikes Deal with Creditors
Olympic Shipping, a Norwegian provider of inspection, maintenance, and repair vessels, has entered into a standstill agreement with its secured lenders. The discussions with the lenders were initiated in the first quarter of 2016, in relation to the need for an adjustment to the repayment profile of
Polarcus fleet utilization figures on the rise
Polarcus, a marine seismic acquisition company, on Tuesday posted its fleet utilization figures for the second quarter of 2016. Utilization for the quarter was 91%, up from 80% in the second quarter of 2015. By category, 76 percent of vessel utilization came from contract seismic, and 15 percent fro
VIDEO: ‘Gina Krog’ modules en route to Norway
Norwegian oil and gas company Statoil has shared a video of the modules for Gina Krog topside sailing away from South Korea to Norway. The video shows the sailaway of the modules loaded aboard two heavy transport vessels from South Korea’s Daewoo Shipbuilding and Marine Engineering’s shipyard. The t