Subsea
Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (February 02 – February 08). Shell’s announcement on awarding the Brent field decommissioning contract to the Allseas’ Pieter Schelte attracted comments and reactions from maritime workers union. Accor
Allseas to Rename Pieter Schelte
Dutch-Swiss offshore company Allseas has reportedly decided to change the name of the largest ship in the world Pieter Schelte. Despite years of criticism, Edward Heerema has until now refused to change the name of the 382 meter long and 124 meter wide Pieter Schelte, whose construction started in 2
Reef Subsea Goes Under
Norwegian offshore wind and oil & gas services player, Reef Subsea, has filed a bankruptcy petition to Bergen District Court despite company’s efforts to restructure and cut costs in order to stay afloat in today’s challenging market. The company, established in February 2010 and 100% owned by Stava
MCG Makes MC2D Data Available for 23rd Round in Norway
MCG made available multi-client 2D (MC2D) data for the Norwegian 23rd Concession Round announced January 20, 2015. The Barents Well Tie MC2D was extended eastward in 2014 into the newly opened Barents Sea South East area, giving excellent seismic ties from exploration wells drilled in the western pa
Mirage Names New General Manager
Mirage Machines, an Acteon company, has appointed Adam Polisena as general manager. Polisena will be based at Mirage’s headquarters in Derby, UK. In the newly created role, Polisena will be responsible for overseeing manufacturing operations, enhancing the portable machine tools production process a
KOGT Hits Kongsberg Profit
Norway’s Kongsberg has reported a profit after tax of NOK 32 million in Q4 2014, down from 375 million in the same period last year. The company has also posted a preliminary profit for the year after tax of MNOK 880, compared to last year’s MNOK 1 225. Namely, Kongsberg Oil & Gas Technologies KOGT
Chinese Grab SMD
Wallsend-based manufacturer of subsea vehicle systems, Soil Machine Dynamics (SMD) has been acquired by Zhuzhou CSR Times Electric Co, a subsidiary of Chinese company CSR Corporation. The Hong Kong-listed company has bought SMD from Inflexion Private Equity and SMD’S management team for, according t
MMT Norway Gets Managing Director
MMT has appointed Audun Brandtzæg as Managing Director for MMT Norway and the office is located in Haugesund, Norway. Audun Brandtzæg will be responsible of developing MMT’s operations in Norway, from market and business development to implementation of projects. Audun will also contribute to compan
Spectrum Kicks Off Pelotas Basin Shoot
Oslo-listed seismic player, Spectrum, has started a 12,000 kilometer Multi-Client 2D seismic survey offshore the Pelotas Basin of Brazil. The new acquisition program will infill both Spectrums’ new 7,500 kilometer survey acquired in 2013 and 12,000 kilometers of data reprocessed in 2014, covering op
Statoil Profit Slips on Plunging Oil
Norway’s Statoil has reported that its net operating income for the full year 2014 was NOK 109.5 billion (approximately $14.56 billion), compared to NOK 155.5 billion ($20.65 billion) same time last year. Fourth quarter 2014 net operating income was NOK 9.0 billion. Adjusted earnings in the fourth q
Lundin Hits Gas at Zulu Off Norway
Lundin Petroleum, through its wholly owned subsidiary Lundin Norway, has completed the drilling of wildcat well 26/10-1. The well investigated the hydrocarbon potential of the Zulu prospect in PL674BS, which is located 100 km west of Stavanger on the Norwegian west coast and approximately 30 km nort
Seatronics, 2G Robotics in Sales and Distribution Partnership
Seatronics, an Acteon company, and 2G Robotics have announced a global sales and distribution partnership. The 2G Robotics line of underwater laser scanners will now be available through Seatronics for equipment rentals and sales, Seatronics wrote in a press release. Phil Middleton, deputy managing
Goliat FPSO Gears for Norway Trip
Eni Norge has reported that the Goliat platform has been towed on board the Dockwise Vanguard at the HHI yard in South Korea. The largest cylindrical FPSO (Flotating production, storage and offloading) facility ever built, and specially designed for the Arctic conditions of the Barents Sea by Sevan
Fred.Olsen Takes Delivery of Refurbished Lifesaver (VIDEO)
The refurbished BOLT “Lifesaver” wave energy converter has been delivered to owner Fred.Olsen Ltd by Supacat following a three month project refurbishing the converter’s ‘intelligent systems’ at the Devon engineering firm’s facilities in Dunkeswell and Blackhill Engineering. After over two years of