Equipment
Rosneft to buy up to 160 AW189 helicopters
Rosneft, Rostec Corporation and Italian group Finmeccanica signed trilateral agreement for strategic partnership. The document was signed by the Head of Rosneft Igor Sechin, Rostec Corporation CEO Sergey Chemezov and the Head of Finmecanica group Mauro Moretti on December 29, 2014. As part of the si
MBARI Launches Sign-Up for 2015 Internship Program
The Monterey Bay quarium Research Institute has announced that the application period for the 2015 MBARI summer internship program is now open. The summer internship program, scheduled from June 8 – August 14, 2015, is open to undergraduate and graduate students (including recent graduates) and educ
Another Major Contract for Royal HaskoningDHV
International engineering and project management consultancy Royal HaskoningDHV has signed a €10.5 million contract with the Bangladesh Water Development Board for engineering consultancy services to protect Bangladesh’s vulnerable coastal zone, home to millions of people. The next six years Royal H
Statoil Starts Up Valemon
Statoil and partners kicked off the production on the Valemon field in the North Sea, on January 3, 2015. Recoverable reserves from the field are estimated at 192 million barrels of oil equivalent. Valemon is the second Statoil-operated platform to be put into production in the last nine months and
Royal IHC Takes Over Brastec Technologies
Royal IHC (IHC) has acquired a majority stake in Brastec Technologies, based in Brazil. Brastec Technologies designs and builds value-added, tailor-made production lines for the production of umbilicals and flexible pipes. This agreement fulfills two important elements of IHC business strategy: a fo
Seagull, BW Offshore developing training for offshore workers
Seagull Oil & Gas, a provider of training solutions for oil and gas industry has announced that, together with an FPSO-provider BW Offshore, it is working to develop industry-leading training material for the offshore industry. The company has explained that, building on a training relationship stre
JDR appoints new CEO
JDR has appointed David Currie as Chief Executive Officer and a member of the Board of Directors, effective 12 January 2015. Currie has nearly 30 years’ experience in the global offshore energy industry, most recently the UK Regional President for Aker Solutions. Previously to that he spent the
Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (December 29 – January 04). Russia’s Gazprom has signed an agreement for the acquisition of the remaining 50% stake in the South Stream gas pipeline project (South Stream Transport BV). South Stream Tr
VIDEO: Statoil brings Valemon on stream
Norway’s Statoil has informed that the Valemon gas and condensate field in the North Sea was brought on stream on Saturday, January 3, 2015 at 08.36 a.m. According to Statoil, recoverable reserves from the field are estimated at 192 million barrels of oil equivalent. “Valemon is one of several new p
Highlights of the Week – Readers’ Choice
VIDEO: Panama Canal Expansion – December 2014 The largest infrastructure project since the waterway’s original construction, the Panama Canal Expansion Program will create a new lane of traffic along the Canal through the construction of a new set of locks, doubling the waterway’s capacity. Wärtsi
Wärtsilä: Engines for One of the World’s Largest Dredgers
One of the world’s largest non self-propelled cutter dredger vessels, which is also one of the largest of all cutter dredgers in the world with 5200 kW of cutter power, will feature Wärtsilä engines, both to generate power and to drive the dredging pump. The ship has been designed by the Design & Re
SBSS Delivers Venezuela Subsea Link
SBSS has successfully completed the installation and burial of two subsea power cables connecting Margarita Island to Chacopata on the Venezuelan mainland. SBSS took the cable installation vessel CS Sovereign under charter from their parent company Global Marine Systems Limited, mobilizing in June 2
Editor’s Picks for 2014
The editors of Subsea World News have selected a few among many worth remembering articles from the previous year that received exceptionally high attention from our readers. In no particular order, here are some of the news to look back on, in case you missed them last year. Enjoy. Pieter Schel
ACP: 15 Years Under Panamanian Administration
The Panama Canal yesterday celebrated its 15 year anniversary under the leadership of the Panamanian Administration. During this period, the Panama Canal Authority (ACP) has proven its ability to efficiently operate the waterway, while providing a crucial service to global maritime trade and contrib