Operations & Maintenance
Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (April 20 – April 26). The Houston-based oilfield services major, Schlumberger, is slashing another 11,000 jobs as it fells the impact of downturn in oil prices and lower E&P spending. In January this
Cecon ASA Goes Bankrupt
Arendal-based subsea contractor Cecon ASA has requested the City Court of Aust-Agder to declare the company bankrupt having failed to present a plan for a compulsory composition. The company has over the last four months explored options for a solution to the debt restructuring, which would have giv
Nemo OTEC project on track
The Nemo project, a floating OTEC power plant, is expected to be operational in 2018, according to EDF Pulse. The project is being built by DCNS and Akuo Energy. Nemo floating power plant will consist of four modules, and its capacity is 16 MW. Some of the electricity produced by the plant will be u
BOP Problem Suspends Isobel Deep Well
Falkland Oil and Gas Limited (FOGL) reported that the 4/20-1 “Isobel Deep” well located offshore the Falkland Islands, has been temporarily suspended due to problems on the blowout preventer (BOP). Following the successful setting of the 13 3/8″ casing at a depth of 1273.9m metres, a problem was det
WATCH: ROV Surveys Sunken ‘Oleg Naydenov’
The following footage shows an ROV inspection at a depth of 2,700 meters, offshore Gran Canaria, where Oleg Naydenov sank with nearly 1,500 tonnes of fuel. A remotely operated vehicle (ROV) was deployed on Tuesday, April 22 to inspect the wreck located approximately 24 kilometres off the southern co
VIDEO: Sabella to unveil D10 turbine
Sabella has completed the assembly process of its D10 tidal turbine. The inauguration ceremony of the turbine took place today at the port of Brest, where the assembly process lasted for 3 months. Sabella will unveil the completed D10 tidal turbine to the general public on Saturday, April 25. The te
Gardline CGG Concludes Gippsland 2D Infill Survey Gig
Gardline CGG (GCGG), a Joint Venture between Gardline Geosurvey and CGG, has completed the Gippsland 2D Infill survey for Geoscience Australia on Friday 24th April. The project was conducted and completed by the Gardline CGG-operated vessel MV Duke, on time, within budget and without any incidents d
Schlumberger, Spectrum in Pelotas Deal
Spectrum has entered into a cooperation agreement with Schlumberger to acquire 50% ownership in Spectrum’s Pelotas multi-client program. The cooperation agreement includes more than 30,000 km of regional 2D seismic data in the new frontier Pelotas Basin, offshore Brazil. The program includes the rec
OneSubsea Lands BP Taurus Libra Deal Off Egypt
OneSubsea, a Cameron and Schlumberger company, has been awarded a multi-million dollar contract to supply subsea systems for the BP West Nile Delta Taurus Libra development offshore Egypt. The subsea systems scope of supply includes 10 large bore gas trees and related subsea equipment. According to
Heerema Hires Applus RTD for Kaombo Testing Gig
Applus RTD, a provider of integrity technology services, has been awarded a contract from Heerema Marine Contractors as part of the Kaombo development offshore Angola. As part of the SURF (subsea, umbilicals, risers, flowlines) development, Applus RTD will provide non-destructive testing for offshor
EU supports Portuguese ocean energy scheme
Portuguese demonstration scheme for ocean energy technologies will be granted aid for 25 years in the form of a feed-in-tariff to compensate for the higher costs of the new technologies. The European Commission decided Portuguese scheme aimed at promoting renewable energy technologies is in line wit
Reef Subsea UK Asset Up for Sale
Lambert Smith Hampton (LSH) have been appointed to sell an SMD Heavy Duty Inter Array Flexibles Plough formerly operated by Reef Subsea UK as the subsea services specialist fell into Administration earlier in March this year. Following the bankruptcy of the wider group, the directors have sought to
Fugro Goes Deeper with Seafloor Drill
Fugro has set, according to the company, a new water depth record of 2,923 metres (9,589 feet) while completing a combined sampling and piezocone penetration testing (PCPT) borehole to 62 metres (203 feet) below the seafloor. Achieved using its ‘Seafloor Drill I,’ the single deployment in the Walker
Fugro Completes Hornsea Project One Geotechnical Campaign
A UK supplier has completed one of the largest seabed investigation campaigns in the history of the offshore wind industry in preparation for DONG Energy’s 1.2 gigawatt Hornsea Project One, DONG Energy reported. Located 120km off the Yorkshire coast, the project is scheduled to go into operation by