Operations & Maintenance
JOGMEC Extends Seychelles Joint Survey Agreement
Japan Oil, Gas and Metals National Corporation (JOGMEC) has signed an extension to the joint survey agreement for the evaluation of the hydrocarbon potential in offshore Seychelles among Ministry Responsible for Hydrocarbons and PetroSeychelles Ltd on March 1, 2016. JOGMEC has been conducting geolog
Normand Subsea to Carry On for Subsea 7
Subsea 7 has exercised its option to extend the existing Normand Subsea contract by approximately three and a half years, following renegotiation of terms and conditions, the Oslo-listed Solstad informed on Wednesday. The new contract extension will start in June 2016, with an option for Subsea 7 to
Production Begins from Dana Gas’ Zora Field in U.A.E
Dana Gas has started the sales gas production from the Zora Gas Field, located in the Sharjah Western Offshore Concession. Subsequently sales production was delayed due to urgent maintenance work on gas supply infrastructure at the customer’s receiving facilities. The Zora Gas Field is located appro
SEA-ME-WE 5 Subsea Cable Lands in France
The South East Asia-Middle East-Western Europe 5 (SEA-ME-WE 5) submarine cable, to be operational in the second half of 2016, landed at the submarine cable Station of la Seyne-sur-Mer, South of France. This new 20,000 km-long fiber optic cable will connect France to Singapore, serving 17 countries:
Subcon Delivers Port Macquarie Artificial Reef
Subcon has delivered its 6th offshore artificial reef project in two years. The design includes 20 fibre reinforced concrete ReefTemple modules each fitted with a steel BaitTower. The modules weigh over 23Te each and stand between 6.5m and 10m tall. They have been installed in approximately 45m wate
Swiber Dives to Loss in 2015
Singapore-listed EPIC contractor, Swiber, has ended its financial year 2015 in USD 18.7 million loss, compared to a profit of USD 31.2 million in the previous financial year. Net loss after tax attributable to owners of the company was USD 27.4 million or USD 6 per share. This compares to profit in
Eidesvik in Red Despite Revenue Boost
Norwegian vessel owner, Eidesvik Offshore, has narrowed its quarterly loss year-over-year on higher revenues boosted by the sale of two vessels. In the fourth quarter 2015, Eidesvik generated revenues of NOK 343,2 million, of which NOK 92,8 million goes to sale of the vessels European Supporter and
NOC to Lead Project on Monitoring of Marine CCS in North Sea
The world’s first ‘real world’ deep-water controlled experiment simulating emission from a submerged carbon dioxide storage reservoir is to take place in the North Sea, with the aim of further verifying the safety of offshore carbon dioxide (CO2) capture and storage (CCS). Reportedly, small quantiti
Trelleborg Thermal Insulation and Coating for Shah Deniz 2
Trelleborg’s offshore operation has been awarded its largest single order for thermal insulation and corrosion coating services for phase II of the BP Project, Shah Deniz, contracting directly to BOS Shelf LLC. The contract represents the most significant order Trelleborg’s offshore operation has re
WATCH: Statoil Begins Production Drilling on Johan Sverdrup
Drilling has started on the first of a total of 35 wells to be drilled in the first phase of the Johan Sverdrup field development, Norway’s Statoil informed today. According to the company, the Deepsea Atlantic drilling rig kicked off at 00:00 on Tuesday, March 1. “The Deepsea Atlantic drilling rig
Plexus Secures Equipment Order from Det norske
UK’s Plexus has received an additional purchase order from Det norske to supply surface wellhead and mudline equipment services for an exploration well on the Norwegian Continental Shelf, offshore Norway. The value of this latest order with Det norske is estimated at approximately £0.6 million ($836
Farstad Lets 26 Go
Norwegian shipowner Farstad Shipping has decided to reduce the size of the organization at the office in Aalesund with 26 positions. In January, the company started a process with the aim of reducing administrative expenses at the office in Aalesund. Farstad Shipping recorded a net loss of NOK 1.32
Pharos Offshore Recovers Faulty Cable at Walney OWF
Pharos Offshore’s hydraulic cable grab and offshore personnel have successfully supported and completed the recovery of a faulty cable section at the 367.2 MW Walney offshore wind farm in the Irish Sea. The cable grab had been built to client specification for this project and was delivered to Liver
Aquatic Aims at Forging Alliances in Subsea Services Arena
Aberdeen-based provider of flex-lay solutions for the subsea industry, Aquatic, is a company with more than 40 years experience in onshore and offshore installation projects. As part of Acteon’s subsea services group of companies, Aquatic is set up as an independent operator of modular carousels, re