Equipment
Aker Solutions and ABB in Subsea Alliance
Aker Solutions and ABB have joined forces to develop new oil and gas production solutions. The cooperation will integrate Aker Solutions’ subsea capabilities and ABB’s subsea power and automation system expertise. Reportedly, this partnership will deliver solutions that will enhance how production e
Aker Solutions Picks Glassfiber Produkter for Kaombo Subsea Protection
Glassfiber Produkter has been awarded a contract from Aker Solutions as part of its Total Kaombo project in Angola. Kaombo is one of the world’s largest subsea developments, located in Block 32 about 150 kilometers off the coast of Angola. According to the company, the contract will see Glassfiber P
Polarcus Posts Profit Hike
Seismic contractor, Polarcus has posted quarterly boost in profit as a result of the completion of its financial restructuring. Namely, restructuring resulted in a $224 million increase to book equity and $351 million reduction in the carrying value of debt. The Oslo-listed company reported net prof
Damen Pumps on Display During Knoop Open Days
During Knoop Machinery’s open days on the 29th and 30th of April in Tynaarlo, Damen will be exhibiting a hydraulically-driven DOP200 pump mounted on an amphibious Waterking excavator. Also on display will be an electrically-driven E-DOP200 pump. Damen DOP pumps are celebrating 25 years of service in
Lukoil makes step forward with Caspian oil project
Russian oil company Lukoil has moved a step forward in the development of its Caspian Sea oil project. Namely, Russia’s largest privately held oil company has started driving in marine risers into Vladimir Filanovsky offshore oil field, located 50 kilometers offshore, in the Russian section of the C
Copenhagen Hosts Young CEDA Meeting
Young CEDA Commission’s first meeting in the year was hosted by CEDA Corporate Member DHI in Copenhagen. Members of the Commission were welcomed by Ida Broker, Member of the CEDA Board, Klavs Bundgaard, member of the CEDA Environment Commission and Anders Jensen former CEDA President. With four new
STX France to Build Arkona Substation from Tip to Toe
STX France has secured a deal to design, build and install a HVAC offshore substation for Arkona offshore wind farm, a 385 MW project jointly developed by E.ON and Statoil, located in the Baltic Sea, Germany. STX France scope includes delivery of the jacket foundation, piles, substation topside and
STR Adds More iXBlue Tech to Rental Portfolio
Subsea Technology and Rentals (STR) has increased its portfolio of subsea rental equipment with the purchase of iXBlue’s OCTANS NANO. iXBlue is providing the OCTANS NANO subsea gyrocompass for utilisation by STR clients in ROV and structure monitoring operations. The order is part of STR’s expanding
Impact Subsea Launches New Product
UK-based Impact Subsea has introduced a new product, the ISP1. The ISP1 is a subsea pressure pod, complete with view port and up to four connectors. The ISP1 has been designed to provide subsea housing for a variety of underwater projects and applications, the company said. Alastair Mclennan-Murray,
VBMS Wins Arkona Inter-Array Cabling
VBMS has been awarded a contract by E.ON for the installation of 65 inter-array cables for the Arkona offshore wind farm (OWF). The total scope of work for VBMS will consist of route engineering, surveying, a pre-lay grapnel run, trenching, termination and testing of the 65 cables. The cabling proje
Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (April 18 – April 24). Italian contractor Saipem has been awarded new E&C (Engineering & Construction) contracts valued at approximately €430 million ($487 million). The first is a contract with Statoi
Highlights of the Week
Dredging Today brings you an overview of the most popular stories from the past week (April 18-24, 2016). Boskalis’ Shoalway Busy in Aberdeen Aberdeen Harbor Board’s annual maintenance dredging campaign started last week. Boskalis Expands Dredging Fleet with Magnor The largest and most efficient
IHC and Frames Team Up on Subsea Separation Modules
Royal IHC and Frames Separation Technologies have signed a joint development agreement to collaborate with respect to the development of a compact subsea separator module. Namely, Frames has recently extended its portfolio with a new compact controllable inline separator the SwirlSep. Based on this
NOV Lets Go 520 in Norway
Oilfield equipment manufacturer, National Oilwell Varco, is reportedly downsizing its workforce in Norway by additional 520 employees. The company is said to experiencing a sharp reduction in investments in the oil and gas sector, which reduced sales of new equipment and demand for aftermarket servi