Equipment
First Subsea’s mooring line connector for Shell’s GoM Field
Subsea mooring company First Subsea has been awarded a contract by Shell to supply Ballgrab subsea mooring line connectors for the Appomattox field development in the U.S. Gulf of Mexico. The semi-submersible four-column production platform will be moored in approximately 7,200 feet (2,195 metres) o
Shell selects First Subsea mooring connectors for ‘Appomattox’
Subsea mooring company First Subsea has been awarded a contract by Shell to supply Ballgrab subsea mooring line connectors for the Appomattox development in the U.S. Gulf of Mexico. The semi-submersible four-column production platform will be moored in approximately 7,200 feet (2,195 metres) of wate
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
Halliburton Reinstates CFO
Halliburton informed that Mark McCollum, will resume his role as executive vice president and chief financial officer effective immediately. McCollum will continue reporting to Dave Lesar, Chairman and Chief Executive Officer of Halliburton, and will remain a member of the company’s Executive Commit
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
Iranian officials revive ghost of oil deals disliked by majors
Iran’s officials are reviving the idea of developing oil fields using buy-back deals that international oil companies dislike, suggesting renewed tensions between hardliners and reformists over the future of the industry.
UK Teams in MATE ROV Competition Top 20
The teams, from Mintlaw Academy and Robert Gordon’s College, competed in the Marine Advanced Technology Education (MATE) Centre’s 2016 ROV international final in the United States, finishing in the top 20 teams. They secured their places in the international final after taking the top spots in the S
OGpar resumes production at Tubarao Martelo field
OGpar, a Brazilian oil and gas company formerly known under the name of OGX, has informed that it has resumed production from its Tubarao Martelo oil field, offshore Brazil. The company, which filed for bankruptcy protection in 2013, said that on July 1, 2016, it received a letter issued by Agência
Royal IHC Takes Majority Stake in Tompkins
Royal IHC and Tompkins UK Limited are strengthening their strategic cooperation with IHC’s acquisition of a majority stake in Tompkins, the parent company of Modus Seabed Intervention and a partner in the TI Geosciences joint venture that IHC and Tompkins created in 2015. Modus is a specialist provi
TWMA lands deal with Apache in UK North Sea
UK’s drilling waste management firm TWMA has secured a £1.5million contract with Apache on the WilPhoenix drilling rig in the North Sea Beryl field. As part of TWMA’s waste management solution, the one-year contract will utilize the company’s TCC RotoMill® for offshore processing and EfficientC® for
Cape Sharp Tidal Moves Turbine to Halifax for Ballasting
Cape Sharp Tidal plans to move first tidal turbine to Halifax in the coming days to ballast the steel subsea base with concrete. Transit time from Pictou Shipyard to Halifax will be about three to four days, the company informed. The environmental monitoring plans for the FORCE site continue to be a