Equipment
Magseis Confirms Chevron Gig
Norwegian geophysical company, Magseis, has secured a final contract with Chevron North Sea Ltd for seabed seismic acquisition in the UK sector of the North Sea. This notice is with reference to the previously announced letter of intent (LOI) from an undisclosed international oil company for seabed
LTHE Scoops $140 Mln Vasai East EPIC Deal
L&T Hydrocarbon Engineering (LTHE), a fully owned subsidiary of Larsen & Toubro, has bagged an offshore contract valued at approximately $140 million (Rs.894 crores) from the Oil & Natural Gas Corporation (ONGC) for additional development of the Vasai East project. The contract, won against internat
UTEC StarNet Boosts UK Team
UTEC StarNet a division of global offshore survey company UTEC has appointed Colin McHardy as the new Business Unit Director. According to the company, with extensive experience gained from various executive director and operation manager roles, McHaardy’s track record makes him well placed to help
DW: Subsea Processing In Peril?
Much of the recent commentary concerning the decline in oil prices has focused on US onshore production, specifically whether the continued extraction of unconventional resources is viable at current prices. Undoubtedly, this will be a key issue for the dynamics of global supply. However, Douglas-We
Seadrill Gets West Polaris Drillship
Seadrill Limited has exercised a purchase option for the West Polaris, a 6th generation Ultra-Deepwater drillship, from Ship Finance International. The West Polaris was acquired by Ship Finance in 2008 and subsequently bareboat chartered to Seadrill with purchase options starting in 2012. The purcha
Russian Divers Achieve Record Antarctic Plunge
On December 24, 2014 the Antarctica 100 expedition of the Russian Geographical Society’s Branch in the Republic of Tatarstan returned from the Antarctic. Russian divers led by Dimitri Schiller went to the South Pole. The project’s objective was to develop relatively safe methods of deep diving in th
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. To date, the overall program is 83 percent complete, w
China’s First Deep Engineering Ship Operational
China’s first multifunction underwater engineering ship “Offshore Oil 286” with operating water depth of 3000 invested and constructed by COOEC kicked off operation on Sunday, Xinhua reports. Built by Guangzhou Huangpu Shipbuilding “Offshore Oil 286” is a multifunctional underwater engineering vesse
News in Photos: Massive Gate Installed
The first steel rolling gate has been installed on the new locks on the Atlantic side of the Panama Canal Expansion Program, marking another milestone in the massive project. The massive steel gates weigh on average 3,400 tons and vary in size depending on their location (Pacific or Atlantic) and th
Siem Nets Charter for OSCV ‘Siem N-Sea’
Siem Offshore and N-Sea Offshore Ltd have entered into a charter agreement for the Offshore Subsea Construction Vessel ‘Siem N-Sea’ (ex. Siem Stork ). The Siem Stork is a 93.6 meters in overall length diesel electric driven vessel with low fuel consumption for reduced emission to the environment. It
Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (December 22 – December 28). Royal IHC launched Subsea 7’s latest pipelay vessel SEVEN SUN, on friday 19th december 2014 at its shipyard in Kinderdijk, the Netherlands. Seven Sun is the third of four v
Best of Videos
Subsea World News brings you an interesting collection of the most viewed videos for this year. Maersk Oil ‘Dan Bravo’ Deep Dive Dan Bravo Rationalisation, a challenging three-year project that has reached its midway point, is an example of the complex subsurface and diving work regularly carried ou
IHI, Toshiba Conduct Tidal Turbine Demonstration Research
IHI Corporation and Toshiba Corporation have been selected by Japan’s New Energy and Industrial Technology Development Organization (NEDO) as co-researchers in the “Research and Development (“R&D”) of Ocean Energy Technology – Demonstration Research of Ocean Energy Power Generation”. After concludin
Egypt Against Time to Finish New Suez Canal
“We are in a race against time to finish the new Suez Canal Project,” Chairman of the Suez Canal Authority Mohab Mamish said on Tuesday. Mamish added that the digging rate was beyond expectations due to efforts exerted by the Egyptian army. Some of the world’s top dredging companies are taking part