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Subsea

SAL Gets NeW COO
Subsea

SAL Gets NeW COO

After 33 years in the service of SAL Heavy Lift, and 16 years after taking over the management of the company, Lars Rolner has decided to pass on his duties as Managing Director and COO of SAL Heavy Lift to his colleague Toshio Yamazaki. Yamazaki, despatched from “K” Line, has 29 years of experience

about 12 years ago
SBM Offshore Sells Vessel for $150 Mln
Subsea

SBM Offshore Sells Vessel for $150 Mln

SBM Offshore has entered into an agreement to sell the DSCV SBM Installer, a Diving Support and Construction Vessel (DSCV), to OS Installer AS for US$150 million in cash. OS Installer AS is a newly established joint venture between Ocean Yield ASA (75%) and SBM Offshore (25%). Both parties have sign

about 12 years ago
Nexans Nets DEH Order from Statoil
Subsea

Nexans Nets DEH Order from Statoil

Statoil, on behalf of Wintershall, has signed a contract with Nexans for the supply of Direct Electrical Heating (DEH) technology. The DEH riser will connect the Kristin and Maria fields in the Norwegian Sea with the Kristin platform, ensuring the constant flow through pipelines. The delivery, worth

about 12 years ago
Ennsub’s LARS for Benthic
Subsea

Ennsub’s LARS for Benthic

Ennsub, a subsea design, engineering and technology company, has been awarded a contract worth £2 million by Benthic to build a newly enhanced and portable Launch and Recovery System to complement the latest addition to its seabed drilling and geotechnical drill fleet. The Launch and Recovery System

about 12 years ago
Proserv Bags GoM Contract from Hess
Subsea

Proserv Bags GoM Contract from Hess

Proserv has secured a contract win worth in excess of $20 million with Hess Corporation for the provision of a 12-well subsea control system along with associated topside and subsea interface equipment for the deepwater Stampede development, situated in the Gulf of Mexico. Work for the project will

about 12 years ago

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EMGS Cashes In on Barents Sea Data
Subsea

EMGS Cashes In on Barents Sea Data

Electromagnetic Geoservices ASA (EMGS) has entered into a data licensing agreement with an international oil company worth USD 8 million for the provision of 3D EM data from EMGS’ multi-client data library in the Barents Sea. Of the total sale, data worth USD 4.8 million will be delivered in Q4 2014

about 12 years ago
Hydrex in Bow Thruster Extraction
Subsea

Hydrex in Bow Thruster Extraction

A month after a Hydrex diver/technician team removed a bow thruster unit which needed to be overhauled from a 360-meter container vessel, the same procedure was repeated on the vessel’s sister ship. As with the earlier operation, the team first prepared the thruster tunnel during the ship’s stop in

about 12 years ago
Highlights of the Week
Subsea

Highlights of the Week

Subsea World News has put together a recap of the most interesting articles from the previous week (November 24 – November 30). Subsea 7 has been awarded a contract by Royal Dutch Shell (Shell) for installation work in the Gulf of Mexico. The contract value is in the range of $50 […]

about 12 years ago
Magallanes Sets Up Floating Turbine at EMEC
Subsea

Magallanes Sets Up Floating Turbine at EMEC

Spanish tidal turbine company Magallanes has successfully deployed its floating turbine at the European Marine Energy Centre (EMEC), supported by the EU-funded Marinet project. The 1:10 scale ‘ATIR’ prototype was installed on EMEC’s Shapinsay Sound test site. Magallanes has been developing their con

about 12 years ago
VIDEO: IHC Launches Subsea 7’s SEVEN RIO
Subsea

VIDEO: IHC Launches Subsea 7’s SEVEN RIO

IHC has successfully launched Subsea 7’s 550t pipelaying vessel, SEVEN RIO, at its shipyard in Krimpen aan den IJssel, The Netherlands. The naming ceremony was carried out by Anelise Lara, Petrobras Executive Manager for the Libra Project. In August last year, IHC announced the orders from Subsea

about 12 years ago

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Technip Bags Gullfaks Subsea Deal
Subsea

Technip Bags Gullfaks Subsea Deal

Technip has won a contract with Statoil ASA for the Gullfaks Rimfaksdalen (GRD) Marine Operations Pipelay and Subsea Installation project. The project is an option to the Snøhvit CO2 Solution project awarded in 2013. The GRD project scope consists of a subsea tie-back to a new Wye piece on an existi

about 12 years ago
SeaBird Slides to Loss
Subsea

SeaBird Slides to Loss

SeaBird, a seismic data provider for oil and gas companies, has recorded a net loss of $20.2 million for the third quarter of 2014 (Q4 2014). This compares to a net income of $4.0 million in the same period in 2013 (Q3 2013). The company generated $22.7 million in revenues, a drop of 55% versus [&he

about 12 years ago
Hydrex Services Tanker in Panama
Subsea

Hydrex Services Tanker in Panama

Hydrex diver/technician team has carried out underwater stern tube seal repairs on a 196-meter LPG tanker in Panama. The ship was suffering from an oil leak, making an on-site repair necessary. Hydrex team mobilized to the tanker’s location, together with all the needed equipment. After the diving t

about 12 years ago
Kvaerner’s Concrete Solutions EVP Resigns
Subsea

Kvaerner’s Concrete Solutions EVP Resigns

Bjørn Gundersen has decided to leave the position as Kvaerner’s Executive Vice President (EVP) for Concrete Solutions. Arnt Knudsen, who comes from the position as leader for Technology & Business Development in Concrete Solutions, will take over as new EVP for the business area. Since the 1980s, Bj

about 12 years ago