Subsea
SURF Market at $7.7 Bln in 2015, Report Says
With oil & gas production from mature fields declining, prospects offshore and in deeper waters are attracting more attention as a source to meet increasing oil & gas consumption. Such projects require Subsea Umbilicals, Risers & Flowlines (SURF) to be developed. According to visiongain’s analysis t
Interoute Sets Up New Fibre Route in Southern Italy
Interoute has added a third route to access its pan European fibre network, from two of its submarine cable landing stations in Southern Italy. The new 1,300 km stretch of fibre is part of Interoute’s 7,000 km Italian network, which helps make up its 67,000km pan European platform. The new route wil
Innovate UK Boosts Marine Autonomous Systems Growth
The National Oceanography Centre (NOC), along with nine UK partners from across industry and academia, has won funding from Innovate UK to enable £2.9 million worth of collaborative research & development for Marine Autonomous Systems. Starting later this year the projects will see NOC working close
Archer Conducts PP&A Ops on Heimdal Platform
Archer, a global supplier of drilling and well services, has started operations to permanently plug and abandon (PP&A) 12 gas wells on Statoil’s Heimdal platform in the Norwegian North Sea. John Lechner, President North Sea and Executive Vice President, Archer, said: “I am very pleased with the exce
Motive Gets New CFO and Finance Manager
Motive Offshore Group has appointed Colin Murray, who previously worked as head of finance to the new role of CFO, and Brian Montgomery joins the firm as finance manager. Murray, who has worked with Motive for the past year and a half, will now join the board of directors, and will be focused on str
EMEC, The Crown Estate Study Performance of Subsea Cables
The European Marine Energy Centre (EMEC) and The Crown Estate have published a report on the performance of subsea cabling in high energy environments to support the development of commercial wave and tidal energy sites. The key aim of the Sub-sea Cable Lifecycle Study is to improve the industry’s u
Aker Solutions Optimistic in Longer Term
Norwegian oil services company, Aker Solutions, has presented five strategic objectives after splitting in two in September last year. “The split allows us to reduce complexity, build on synergies and bring down costs, which makes us much better equipped to respond to the needs of customers in the 2
Searcher, MAGE in Echidna Seismic Survey
Searcher Seismic in cooperation with MAGE, announced the start of acquisition of the Echidna Regional Broadband 2D seismic survey. Comprising of approximately 9,000 km of high quality, long-offset broadband 2D seismic data, the Echidna survey will be the first comprehensive well-tie survey covering
Westermeerwind OWF Monopile Installation Begins
The construction of the offshore wind farm Westermeerwind has started with the installation of the first monopile foundation at the IJsselmeer, the Netherlands. The monopiles were transported from Vlissingen to the project site located between 500 and 1200 meters from the coast of Noordermeer Dijk.
SMP Apprentice Meets British Prime Minister
Electrical Engineering Apprentice at Submarine Manufacturing and Products (SMP), Matthew Thompson, last week, met with British Prime Minister, David Cameron and Fylde MP, Mark Menzies at BAE Systems in Warton, Lancashire. The Prime Minister was visiting the North of England to highlight the importan
Van Oord Profit Slips
Dutch contractor Van Oord has posted lower earnings, despite record revenue, due to settlements reached on outstanding claims that arose in the Dubai era. In the year 2014, the company recorded net profit of €119 million, an 8 percent drop compared to €130 million net profit in 2013. Revenue, howeve
Nauplius Converts Wieringen into Hydrographic Ship
De Vries & Van de Wiel, part of the Belgian group DEME, has commissioned Nauplius Workboats to convert a high-speed ship into a survey vessel for hydrographic research. In recent weeks, a Nauplius team has been working on converting a high-speed work ship into a survey vessel named Wieringen. “We ha
Ifremer Boosts Fleet with HROV Ariane
Ifremer, a French research institute for exploitation of the sea, has expanded its fleet of underwater vehicles following the arrival of Hybrid Remotely Operated Vehicle (HROV) Ariane. The HROV, with size of a small city car, is capable of working up to 2500 meters bellow sea. According to Ifremer,
X-Subsea Norway Goes Bankrupt
Dredging and excavation specialist X-Subsea’s Norwegian division has been declared bankrupt. The Mandal-based division, which currently employs 47 people, has failed to secure a financial boost after its parent company Reef Subsea Norway filed for bankruptcy earlier in February this year, causing a