Pipeline engineering specialist, STATS Group, has completed a complex isolation of the Forties Pipeline System in the North Sea. STATS was contracted by Apache North Sea Ltd to safely isolate the Forties Pipeline System (FPS) so that subsea isolation valves (SSIV) and piping spools could be safely i
Lundin Petroleum’s subsidiary Lundin Norway has announced that drilling of exploration well 25/10-12S in PL625, in the Norwegian North Sea, has started. The well will investigate the hydrocarbon potential of the Kopervik Prospect in PL625, located 175 km west of Haugesund on the Norwegian west coast
CGG and BP have today announced an agreement for collaborative research and development in the field of new types of marine vibratory seismic sources. The agreement combines the companies’ research efforts and expertise to develop and deploy innovative seismic source technology, and builds on succes
Technip has been awarded a large engineering, procurement, installation and construction (EPCI) contract by EnQuest for the Kraken development located in the North Sea, 400 kilometers North-East of Aberdeen and 130 kilometers East of Shetland, at a water depth of approximately 120 meters. Technip’s
Technip was awarded by EnQuest earlier this year a large engineering, procurement, installation and construction (EPCI) contract for the Kraken development, in the North Sea. Kraken development is located 400 kilometers North-East of Aberdeen and 130 kilometers East of Shetland, at a water depth of
Imperium has signed a worldwide licensing arrangement with Subsea 7 to adapt Imperium’s unique ultrasound camera inspection system for subsea applications. The agreement covers a variety of diver and ROV mounted uses in an offshore energy setting. Once Imperium’s tools are adapted for subsea usage,
Royal Boskalis Westminster N.V. (Boskalis), a leading global services provider operating in the dredging, maritime infrastructure and maritime services sectors, has released one more update on the company’s share buyback program. In the period from 20 October up to and including 24 October, Boskalis
ExxonMobil Exploration and Production Romania Limited (EMEPRL) and OMV Petrom S.A. (OMV Petrom) have started drilling the Pelican South-1 exploration well on a new prospect in the Neptun Block. The Ocean Endeavour rig is drilling the Pelican South-1 wildcat well about 155 kilometers offshore in the
Wessex Exploration PLC, the hydrocarbon exploration company, has announced the successful acquisition of Hague and London Oil BV (“HALO”). Wessex says HALO is led by an established management team with significant public market experience and a proven track-record in successfully developing internat
LS Cable & System from South Korea won the tender to supply bus ducts to Siemens for the Yamal LNG project.
The Petroleum Safety Authority (PSA) Norway has carried out an audit of stability, ballasting, and the watertight and weathertight integrity of semi-submersible accommodation support vessel Safe Scandinavia. On 23 and 24 September 2014, with assistance from the Norwegian Maritime Directorate, the PS
Subsea World News has put together a recap of the most interesting articles from the previous week (October 20 – October 26). FMC Technologies has reported third quarter 2014 revenue of $2.0 billion, up 15 percent from the prior-year quarter ($1.7 billion). Diluted earnings per share were $0
Boskalis and Van Oord Confirm New Suez Canal Gig Royal Boskalis Westminster N.V. (Boskalis) and Van Oord have officially confirmed that a consortium consisting of Boskalis, Van Oord, National Marine Dredging Company (NMDC) of Abu Dhabi and Jan de Nul (Belgium) has won a major contract from the [&hel
Nevsky Shipyard and the Direction of State Contractor of Marine Transport Development Program have signed a contract for the construction of 4 multipurpose small-draft salvage vessels of MPSV12 project. Nevsky Shipyard got the right to conclude the given contract having won the open competitive tend