Subsea
PHOTO: Jan de Nul Takes Delivery of New Multipurpose Vessel
Offshore contractor Jan de Nul has taken delivery of its new multipurpose vessel ‘Daniel Bernoulli’ at the Avic Weihai Shipyard in China. A sister vessel of the recently delivered ‘Adhémar de Saint-Venant‘, has a length of 95 meters and a beam of 22 meters. Daniel Bernoulli will be capable to conduc
Oceanteam Sees Revenues Halved, Suspends interim CFO
Oslo-listed Oceanteam has booked net profit of some $23.3 million for the first six months of 2017. This result compares with $4.1 million loss for the period ended June 30, 2016. For the first six months of 2017, the Norwegian-Dutch offshore service provider generated $16.8 million in operating rev
Total Fires Up Edradour and Glenlivet Fields Off UK
Total has started-up production from the Edradour & Glenlivet gas and condensate fields, located in about 300 to 435 meters of water in the West of Shetland area. The Edradour and Glenlivet development will bring additional production capacity of up to 56,000 barrels of oil equivalent a day (boe/d),
Divers Find WWII Ordnance Off UK
A diving operations team at Hinkley Point has discovered a 250lb suspected WWII ordnance two miles north west of the power station, UK Coastguard informed. UK Coastguard has advised vessels in the area of a 1000 meters exclusion zone around the ordnance to ensure they are kept at a safe distance. Ie
Sea-Me-We-3 Subsea Cable Experiences Fault
Vocus Communications has informed that Sea-Me-We-3 submarine cable between Perth and Singapore has experienced an outage due to a confirmed cable break. According to the company, the cable should be repaired by October 13, 2017, although the date is “tentative” and could change. “Customers can expec
The Underwater Centre Delivers HSE Diving Course in Korean
A group of Korean commercial divers have obtained their HSE (Health & Safety Executive) diving certification on the first ever Korean-language HSE diving course at The Underwater Centre, Fort William. The 12 divers from Deep Sea Works, South Korea, completed the HSE Experience and Competence Assessm
Offshore Wind Opportunity for UK Subsea Firms
UK industry body believes there is a huge opportunity for subsea companies to step up and play their part in helping to meet the world’s renewable energy targets, as the global offshore wind expenditure expected to rise to over £350 billion between now and 2026. Subsea UK will be running an event to
AGR UK and Middle East Units Keeping Busy
Energy services and software provider AGR said it is enjoying a strong 2017 and a positive outlook for next year, having secured contracts worth over £6 million in the North Sea and internationally, and recruiting more than 20 engineers and operational experts. The company’s UK and Middle East busin
N-Sea’s Inaugural Cameroonian Contract Underway
N-Sea, a subsea IMR provider, has began work in the Cameroonian offshore market, via a contract win with Jumbo Offshore, a Dutch offshore lifting and transportation company. With phase one completed in mid-July, the project takes place off the shores of Cameroon’s South Province, as a part of the Hi
Statoil Falls Short at Korpfjell
Statoil and partners have proven a small, non-commercial gas volume in the Korpfjell well in the Barents Sea southeast. Korpfjell is the first exploration well drilled in the Norwegian section of a formerly disputed area between Norway and Russia. “Korpfjell is a structure of a size seldom seen on t
Reach Subsea Swings to Loss
Norwegian contractor Reach Subsea has slipped into red in the quarter ended June 30, 2017 as it saw cost increased and start of some projects pushed to Q3 and Q4. The Oslo-listed company reported second-quarter EBITDA of NOK 4.4 million (NOK 12.6 million in Q2 2016). EBITDA for the first half of 201
Cooper Energy Makes FID on Sole Gas Project
Cooper Energy has made a final investment decision (FID) for the Sole gas project following the announcement of a fully underwritten finance package to complete funding for the project. The finance package includes AUD 250 million senior secured bank debt facility fully underwritten by Australia and
Kongsberg M3 Sonar for Teledyne Seabotix ROV
Teledyne Seabotix has integrated its vLBV observation class remotely operated vehicle (ROV) with Kongsberg M3 sonar system. The M3 sonar is a 2D multibeam system which provides high-resolution images by combining the rapid refresh rate of conventional multibeam sonar with image quality comparable to
CGG to Expand Espirito Santo Basin Coverage
CGG has started work on Espirito Santo IV, a large BroadSeis 3D multi-client survey in the deep and ultra-deep waters of the Espirito Santo Basin offshore Brazil. The Oceanic Champion is acquiring the survey which is expected to take seven months. This industry-supported survey will cover 10,300 squ