Operations & Maintenance
Technip, Subsea 7 Cleared for 2016 Work for Norway Operators
The Petroleum Safety Authority Norway (PSA) has given Statoil, Gassco and ExxonMobil consent for manned underwater operations in 2016. The services are to be supplied by Technip and Subsea 7. Statoil has signed framework agreements with the companies Technip Norge and Subsea 7 Norway for the provisi
DONG Energy Seeks Subsea Structural Inspections for 3 OWFs
DONG Energy has invited tenders for subsea structural inspections on its offshore wind farms in Germany and Denmark. Inspection work is required for three DONG’s wind farms: Borkum and Gode Wind in the German part of the North Sea and Anholt in the Kattegat, between Djursland the island of Anholt in
EMEC Retrieves Its Monitoring Pod After First Trials
The European Marine Energy Centre (EMEC) has successfully recovered its novel Integrated Monitoring Pod following months of transmitting real-time data feeds from the seabed at the Fall of Warness tidal energy test site in Orkney, Scotland. The pre-commercial prototype is connected to the shore via
Dolphin Files for Bankruptcy
Norwegian seismic player Dolphin is filing for bankruptcy after failing to secure financial support to keep the business afloat. The oil price drop has been particularly tough for the offshore seismic market, forcing all service providers to restructure and try to adapt to challenging times. The Osl
DeltaStream tidal device deployed off Wales
Tidal Energy Ltd, a Cardiff-based tidal energy developer, has deployed its DeltaStream tidal energy device into Ramsey Sound, off Pembrokeshire, Wales. DeltaStream device was loaded off the quayside in Pembroke Port by the offshore construction vessel ‘Siem Daya 1’, before making the short passage t
Ocean Installer Gets More Work from Statoil
Ocean Installer has signed an amendment with Statoil for riser replacement operations at the Troll C field. Additionally, this includes options for work at the Vigdis field. The work will be executed under the SLMP Marine Installation Contract. “We are extremely pleased to have secured more work at
Saipem Completes Syndication of EUR 4.7 Bln Credit Lines
Italy’s Saipem informed that the syndication of its €4.7 billion new credit facilities has been successfully completed. Syndication of the facilities was launched on November 2, 2015 and seen strong demand from various banks, resulting in a significant oversubscription and reduction of the original
New Managing Director for Ulstein Design and Solutions
Norway’s Ulstein Design and Solutions has assigned Eva Kristensen as its new managing director, effective from January next year. Kristensen will also enter into the role as COO for the Design & Solutions business area, and be one of the executives in the group management of Ulstein Group ASA. She c
Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (December 07 – December 13). French oil services provider, Technip, has denied alleged merger talks with Houston-based FMC Technologies. Namely, last week, reports came out that Technip could be lookin
Image of the day: OpenHydro’s tidal turbine in Pictou
The image was taken during FORCE staff visit to the Aecon facility in Pictou, Nova Scotia, Canada.
Ezra’s Chairman to Step Down
Singapore’s Ezra has informed that its non-executive chairman Koh Poh Tiong, will give up his post with effect from February 1, 2016 to focus on his work with the other organisations that he is involved in. According to the company, he will also relinquish his role as senior advisor to the Group. Ko
Nautilus and Tongling Ink New Deal for Solwara 1 Materials
Nautilus Minerals has signed a new agreement with Tongling Nonferrous Metals Group for the sale of the product extracted from the company’s Solwara 1 deposit located in the Bismarck Sea of Papua New Guinea, with first delivery expected in the first half of 2018. On April 21, 2012, Nautilus and Tongl
Ezra Gets Nod for EMAS CHIYODA Subsea JV
Ezra’s shareholders approved today the proposed 50:50 subsea joint venture with Japan’s ECS player Chiyoda. Singapore-listed offshore O&G contractor said that 99.97% of shareholders voted in support of Chiyoda’s investment in its subsea services division, EMAS AMC, to form EMAS CHIYODA Subsea (ECS).
AGR and IOG Execute Skipper Well Management Contract
Following the signing of a Memorandum of Understanding (MOU), AGR and Independent Oil and Gas (IOG) have agreed to execute the collaboration by signing a Well Management contract for delivering an appraisal well on Skipper field. Skipper is expected to have a spud date in late January or early Febru