Equipment
Statoil Ahead of Schedule and Below Budget with Gullfaks Template
The Norwegian Petroleum Directorate (NPD) has granted the licensees in Gullfaks (production licence 050) consent to start-up the facilities on the Rutil deposit on Gullfaks South, and to start producing. Rutil is a gas-filled structure on Statoil-operated Gullfaks South, located in the Tampen area i
PwC on North Sea future: ‘The window of opportunity is now’
Fifty-eight percent (58%) of senior oil and gas executives across the UK, Norway, and Holland feel positive about the future of the North Sea basin despite real and present threats, however, window of opportunity to transform North Sea business is slowly closing, PwC audit, assurance, tax and consul
Plexus to Raise $8.5 Mln to Support Firm Through Oil Downturn
Plexus Holdings said it has agreed the terms of a conditional placing to raise £6 million ($8.5 million) before expenses, by way of a placing of 9,230,770 new ordinary shares at a price of 65 pence per ordinary share to new and existing investors. The placing is intended to strengthen Plexus’ balanc
DNV GL’s guideline moves to trash excess subsea paperwork
Offshore and maritime classification society DNV GL has launched a guideline which “trashes unnecessary subsea documentation.” According to DNV GL, customer-case shows potential for a 40% reduction in engineering hours on subsea paperwork, and up to 80% less documentation. The guideline “Technical d
IHC Designs New Inter-Array Cable Layer
IHC has introduced a new inter-array cable-laying vessel designed to facilitate more efficient offshore wind farm installations. The vessel is approximately 106 meters long with breath of 22 meters. According to IHC, the new design should reduce costs for inter-array cable-laying operations by 20 to
AAE-1 Subsea Cable Lands in Oman
Omantel has announced the landing of the Asia Africa Europe-1 (AAE-1) submarine cable system in Oman, local media reported. AAE-1 is a 25,000 km system owned by a consortium of 19 global service providers that will connect Southeast Asia to Europe across Egypt. The cable connects Hong Kong, Vietnam,
Basslink Interconnector Back in Business
Basslink informed that the electricity interconnector has returned to service ahead of its expected return to service date of June 14, 2016. Basslink Telecoms (the fibre optic cable) was back in service on Friday 10 June. Reportedly, Basslink resumed operation at 11:51 am, exporting power from Tasma
DNV GL Helps Trim Subsea Documentation
A two-year cross-industry project led by DNV GL has delivered a publicly available Recommended Practice which can reduce the amount of subsea documentation and enable documentation reuse in a typical subsea field development project. DNVGL-RP-O101 ‘Technical documentation for subsea projects’ detail
Barakah Offshore enters welding deal with Murphy
Malaysia’s Barakah Offshore Petroleum Berhad has received a Letter of Award for an umbrella contract for the provision of welding services for drilling and subsea program from the oil and gas company Murphy Oil. The contract was awarded to Barakah’s wholly-owned subsidiary company, PBJV Group Sdn Bh
Chinese firms in offshore co-op pact
China’s Hilong Group and Sinopec Offshore Oilfield Services Co., Ltd. have signed a strategic cooperation framework agreement in Shanghai. The companies will collaborate in offshore engineering and design, oilfield equipment, oilfield services, and pipeline construction equipment and services. Furth
OceanWorks Delivers SIIMs to Ocean Networks Canada
OceanWorks International will deliver three of its subsea instrument interface modules (SIIM) to Ocean Network Canada in 2016, the company informed. The SIIM will be deployed to augment those already comprising a substantial portion of the Neptune cabled observatory deployed in the Pacific Ocean off
AVEVA, Scheider back to negotiating table
Aveva, a provider of engineering data and design IT systems for the oil and gas industry, has restarted merger talks with France’s Schneider Electric, specialist in energy management and automation. To remind, the two companies had abandoned merger discussions in December 2015, unable to reach agree
NJFX Appoints New VP of Sales and Customer Relations
New Jersey Fiber Exchange (NJFX), the first Tier 3 carrier-neutral colocation facility that intersects where subsea cables from the United States, South America, Europe and the Caribbean meet, has appointed Doug Corbett to the position of vice president of sales and customer relations. Corbett is re
Lloyd’s Register to Certify DeepFlight Submarines
DeepFlight has entered into a working relationship with Lloyd’s Register (LR) to certify DeepFlight personal submarines in accordance with LR’s rules for the construction and classification of submersibles and diving systems. DeepFlight has re-designed the concept of a personal submarine through its