Equipment
KIVI, DOT to Host ‘Space for Subsea’ Symposium
The Royal Netherlands Society of Engineers (KIVI) and Dispuut Offshore Technology (DOT) will host a symposium “Space for Subsea” on May 18, 2016 in Theater de Veste in Delft, Netherlands. KIVI is a professional organisation for engineers, and with 20,000 members it is the largest engineering society
Swiber in 1Q loss. Revenue up
Offshore installation services provider Swiber reported a rise in its first quarter revenue, however, it also posted a net loss. Revenue was $191 million, up 16 percent from $165 million reported in the first quarter of 2015. In particular, Swiber said, revenue from ongoing projects in South Asia co
Scotrenewables Launches 2MW Tidal Turbine
Orkney-based Scotrenewables Tidal Power has launched its 2MW SR2000 tidal turbine at Harland & Wolff Heavy Industries in Belfast. The 550-tonne machine is the first commercial scale machine the company has built. The turbine should undergo preliminary tow trials in Belfast Lough before being towed t
James Fisher Subsea Excavation nets EMAS-AMC deal
James Fisher Subsea Excavation (JFSE), part of James Fisher and Sons, has signed a contract for providing mass flow excavation services to EMAS-AMC during vessel replacement offshore Libya. JFSE said on Thursday that the contract is their first in the East Mediterranean and that the project will tak
James Fisher Bags Bouri Trenching Contract
James Fisher Subsea Excavation (JFSE) will deploy its innovative tools and expertise to support its client, EMAS-AMC, with post-lay trenching and backfilling services at the Bouri oilfield. JFSE’s expertise will be used in replacing the floating storage offloading (FSO) vessel Sloug off the coast of
“Game changing” FLNG offloading solution at OTC 2016
HiLoad LNG, a subsidiary of Sevan Marine, and Technip, a French oilfield services provider, presented the HiLoad LNG Parallel Loading System (PLS) at the Offshore Technology Conference in Houston. In a statement on Thursday, Sevan Marine disclosed several characteristics of the new PLS system displa
DSME develops own LNG containment system
Daewoo Shipbuilding & Marine Engineering (DSME) of South Korea on Wednesday said it has developed its own LNG containment system, named DSC16 (DSME Cargo Containment System 16).
Siemens ships first gas turbine to Zirku field
Germany’s Siemens has shipped its first Industrial Trent 60 gas turbine generator package from its manufacturing facility in Mount Vernon, USA, to Abu Dhabi Marine Operating Company’s (ADMA-OPCO) Satah Al-Razboot (SARB) offshore oil field project on Zirku Island. According to a statement made on Wed
Norway to Back Subsea R&D Projects
Research fund of Western Norway has announced another NOK 10 million in pre-project funding, with focus on energy, including subsea. The funding, with aim to qualify R&D projects for support from main projects with support from the regional research fund, the Research Council of Norway, EU, Innovati
Ichthys LNG Mooring Pre-Lay Wrapped Up
The Inpex-operated Ichthys LNG project has seen a completion of the offshore pre-lay of the 77 kilometer chain and cable mooring system in the Browse Basin, off the coast of Western Australia. As part of the mooring system, 49 chains were laid on the seabed in water depths of up to 250 metres and an
Inpex wraps up mooring chains pre-lay for Ichthys project off Australia
The Inpex-operated Ichthys LNG Project has reached a milestone by completing the offshore mooring system pre-lay in the Browse Basin, located off the northern coast of Western Australia. Inpex, a Japanese energy company, said on Wednesday that part of the mooring system for the project has been set
Premier Oil upgrades 2016 output forecast. Cuts Catcher capex
Premier Oil, and UK-based oil company, is set to break its 2016 production guidance ceiling. In its trading update on Wednesday, Premier Oil said that strong production to April 30, of 57.3 thousands of barrels of oil equivalent per day put the company on track to deliver at or above upper end of 20
Eureka Secures Det noske Deal
Norwegian pump supplier, Eureka Pumps, has been awarded a service contract for pumps from Det norske oljeselskap. The frame agreement is related to scope of work on the new built offshore production facility named Ivar Aasen and the operating FPSO named Alvheim. Eureka said it will provide support t
Lundin returns to profit. Edvard Grieg field boosts production
Sweden’s Lundin Petroleum has returned to profit in the first quarter of 2016, reporting a net result of $114.3 million. For comparison, the group reported a net loss of $230 million in the corresponding quarter a year ago. The company said the profit in the first quarter of the year was mainly driv