Operations & Maintenance
IMCA Issues Guidance on DP Trials Programme
The International Marine Contractors Association (IMCA) has just published ‘Example Redundancy Concept and Annual DP Trials for a DP Class 3 Construction Vessel’ (IMCA M 225). It’s a companion volume to ‘Guidance for developing and conducting annual DP trials programmes for DP vessels’ (IMCA M 190 –
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
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
Best of 2014
Subsea World News brings you the most popular articles from the previous year (January 01 – December 31). The Best of 2014 represents the readers’ choice, based on the monthly statistics and general interest in the articles. January: Stork Sells Its Subsea Division to N-Sea Group Stork Tec
Saipem Remains on South Stream Work Suspension
Italy’s Saipem has said that it does not expect significant changes in South Stream suspension status until 19th February 2015. Namely, Saipem received a “Notification of suspension of Marine Spread activities” short after Russia announced the cancellation of the pipeline project for gas from the Bl
Acta Marine Wraps Up CPT Jobs in UK and Germany
Coastal Chariot has successfully finished two cone penetration testing (C.P.T.) projects in U.K. and Germany. Coastal Chariot assisted a geophysical services company in Liverpool waters and a Swedish survey company in German waters. After already having independently completed a cable laying project
BP Kicks Off Kinnoull Production
BP, on behalf of the Kinnoull field co-venturers, has started production from the Kinnoull field in the central North Sea. Kinnoull is BP’s seventh and final major upstream project start-up in 2014. The Kinnoull reservoir, developed as part of a wider rejuvenation of the Andrew field area, is tied b
TM Wins SKR1M Subsea Cable Project
Telekom Malaysia Berhad (TM) has been awarded a contract via an open tender process to develop and construct a new submarine cable system, called Sistem Kabel Rakyat 1Malaysia (SKR1M) by Malaysian Communications and Multimedia Commission (MCMC). The establishment of this new submarine cable system i
More than 40 Bodies Recovered in QZ8501 Search
More than 40 bodies have been retrieved from the Java Sea off the coast of Kalimantan where the AirAsia plane went down with 162 people on board on Sunday. In the earlier reports today, Indonesian officials confirmed six bodies were found in Java Sea waters about 10 kilometers from Flight QZ8501’s l
Gazprom in South Stream Buyout
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 Transport was owned by Gazprom with a share of 50%, by Eni with a share of 20%, and Wintershall and EDF with a share of 15% each.
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
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