Equipment
Schlumberger Cuts 9000 Jobs
Oilfield services major, Schlumberger, has decided to reduce its overall headcount, in response to lower commodity pricing and anticipated lower exploration and production spending in 2015. The company, which employs approximately 120,000 people in more than 85 countries, recorded a $296 million cha
Partners Group to Fund Seabras-1
Partners Group, the global private markets investment manager, has signed an agreement to invest in the construction of the first direct subsea fiber optic cable between New York, USA, and Sấo Paulo, Brazil, on behalf of its clients. Partners Group is providing all of the equity financing for the pr
Infinera, Telstra Demonstrate PM-8QAM on Submarine Cable
Infinera and Telstra conducted successful demonstration of submarine super-channel technology, which is expected to increase the capacity of a single fiber by 50%. The test, which was conducted across 2,200 kilometers of Segment F of the Reach North Asia Loop (RNAL), included Polarization Multiplexe
Oil search technology helping with MH370 jet search
Fugro, a Dutch company offering survey services to the international offshore oil and gas industry, has informed that an additional vessel has been commissioned to carry out underwater search activities for missing Malaysia Airlines flight MH370. Fugro Supporter, a multi-purpose offshore survey vess
Bechtel sets last APLNG module in place
Bechtel said that it has completed the Australia Pacific LNG project’s heavy lift program with the setting of the final Train 2 module.
MacGregor wins AHTS deck machinery order from Fujian Southeast Shipyard
MacGregor, part of Cargotec, has won a contract from Fujian Southeast Shipyard in China to supply deck equipment packages for two 78m anchor-handling/offshore support vessels under construction for Singapore-based Adhart Shipping Pte Ltd. The order was booked into fourth quarter 2014 order intake. T
Ice Harbor Dredging Wrapped Up
The U.S. Army Corps of Engineers completed federal navigation channel dredging at Ice Harbor Lock and Dam on January 14. Ice Harbor lock operations have returned to normal and dredging equipment has been removed, including water quality monitoring buoys, and relocated upstream to work areas in the S
SST Delivers Tool Detection Alarm for Safer Well Intervention
Severn Subsea Technologies (SST) has developed Zone 0 rated, tool detection sensor technology to reduce the risk of damage to the riser assembly during drilling and intervention operations, as the tool string is recovered to the surface. The Tool Detection Alarm (TDA) offers a safer method of locati
Welltec’s Annular Barrier runs as primary for Statoil
Welltec®, a Danish based oil and gas service provider, has announced that its Welltec® Annular Barrier has been successfully run as a standalone, primary well barrier element for Statoil in the North Sea. The company says that the 9 5/8″ ISO14310 V0 WAB® was deployed, expanded and subsequently verif
DEME: Dredging Simulator, New Office Building
Today, the Flemish Minister-President Geert Bourgeois laid the foundation stone of the new DEME office building in Zwijndrecht. He also put into operation the brand-new high-tech dredging simulator. The new office building is going to be built on the premises of DEME’s head office, located on Scheld
Infographic: Underwater Cities of the Future
A Japanese company, Shimizu Corporation, has presented OCEAN SPIRAL concept for a deep sea city of the future. The latest plan consists of building a submerged city of concrete, 500m in diameter, with a spherical shell and triangular acrylic plates measuring 50m on each side. The city would initiall
OSM Offshore to operate Mariner FSU
OSM Offshore Aberdeen Limited, a subsidiary of OSM Offshore AS and a member of OSM Maritime Group, has on January 9, 2015 agreed to enter into a long-term contract with energy company Statoil UK Limited to operate the Mariner Floating Storage Unit (FSU). The Mariner oil field lies within part-block
ADB: Five More Wharf Upgrades Finished
Upgrades to Ringgi Wharf on Kolombangara Island, Keru Wharf on Keru Island, Ngasini Wharf on Vangunu Island and Susabona and Tatamba Wharves in Santa Isabel have been successfully completed ahead of schedule and under budget in the second phase of the Domestic Maritime Support Project. The Asian Dev
Keppel Singmarine to build ice-class vessel
Keppel Singmarine, a wholly-owned subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), has secured a contract from New Orient Marine Pte Ltd, a subsidiary of Luxembourg-based Maritime Construction Services SA, for an ice-class multi-purpose vessel worth about S$265 million ($198.9 million). Sche