Subsea
Scottish Politicians Tour ACE Winches HQ
ACE Winches, a deck machinery specialists and equipment provider for subsea industry, welcomed Peter Chapman, MSP and 10 local councillors to its global headquarters in Turriff, Aberdeenshire Ahead of the local elections next month, the company opened its doors to local councillors and had the oppor
GE, Halvorsen TEC Secure Johan Castberg Order from Statoil
Statoil has selected a consortium led by GE Water & Process Technologies and Halvorsen TEC to supply a complete seawater sulfate removal unit (SRU) for production wells in Statoil’s Johan Castberg project in the Barents Sea. The Johan Castberg project is situated about 100 kilometers north of the Sn
McDermott Ups Guidance as It Returns to Profit
Houston-based McDermott posted quarterly profit of $21.9 million, or $0.08 per fully diluted share, compared to net loss of $2.2 million, or $0.01 per fully diluted share same time last year. The company had no adjustments, compared to an adjusted net income of $36.3 million, or $0.13 per adjusted f
Baker Hughes Revenue Slips, But Loss Narrows
Baker Hughes has recognized net loss for the quarter ended March 31, 2017 mainly on restructuring charges, asset impairments, and its GE merger-related costs. However, the oilfield services company has improved year-over-year as well as sequentially. Namely, for the first quarter of 2017, Baker Hugh
Bureau Veritas Gets Leviathan Verification Contract
Bureau Veritas (BV) has been appointed by Noble Energy, to provide an independent verification of its development executions in the Leviathan project, off the Mediterranean coast of Israel. Bureau Veritas will be focused on the review and verification of the design/engineering, fabrication, installa
Hydratight, CSS Provide Pipeline Repair Solution Off Australia
Engineering teams from UK-based subsea connector specialists Hydratight and Norwegian technologists Connector Subsea Solutions (CSS) have completed a deepwater pipeline repair in Western Australia. The team designed, manufactured and installed a diverless structural deepwater pipeline repair clamp f
CWind Delivers Isles of Scilly Cable Repair Project
CWind, a part of the Global Marine Group, has completed a power cable repair, reconnecting the Isles of Scilly to the mainland electricity. The C.S. Sovereign, the company’s specialist cable installation vessel, was used for the repair of the cable damaged late February by an anchor. Using remotely
PHOTO: TechnipFMC’s New DSV Gears Up for Its First Project
TechnipFMC’s new diving support vessel (DSV) Deep Explorer is preparing for its first project, the company informed through social media. It hasn’t been yet confirmed which project the DSV, purpose-designed for subsea projects in the North Sea and Canada markets, will be engaged in. TechnipFMC added
DOF Subsea Takes Over Canadian Subsea Shipping Company
Norwegian company DOF Subsea said it has purchased the remaining shares in Canadian Subsea Shipping Company (CSSC). Before the transaction, the subsidiary of DOF Group, owned 45 percent of the shares in the CSSC. Canadian Subsea Shipping Company has a newbuild vessel under construction at Vard Group
Financing Deal in Place for Nord Stream 2 Project
Nord Stream 2 AG has signed financing agreements for the Nord Stream 2 pipeline project with ENGIE, OMV, Shell, Uniper and Wintershall. These five European energy companies have committed to provide long-term financing for 50 % of the total cost of the project, which is currently estimated to be €9.
SeaBird to Deploy Osprey Explorer for West Africa Survey
SeaBird Exploration has signed a letter of award (LoA) for an upcoming 2D seismic survey in West Africa. The project is due to start in the second quarter and will have a duration of approximately one month. SeaBird will be using the Osprey Explorer for the project. Osprey Explorer joined the fleet
New Subsea Cable to Connect Spain and Brazil
The Spanish and the Brazilian governments have agreed to install subsea cable between the two countries. The EllaLink subsea cable will connect Madrid and Sao Paulo, as well as Lisbon, Reuters reported. Furthermore, the cable will connect the archipelagos of Madeira, Spain’s Canary Islands and Afric
DeepOcean Wins Middle East Post-Lay Trenching Gig
DeepOcean has been awarded a contract for the provision of post-lay trenching and backfilling works on 56 kilometers of power cable offshore United Arab Emirates (UAE). The contract follows two completed projects offshore UAE in 2016 and early 2017. The post-lay trenching and backfilling works are p
Statoil Gets Nod to Use Gina Krog
Statoil has received consent from Petroleum Safety Authority (PSA) to put the Gina Krog facility and associated pipeline system into service. Statoil received the approval to put into service the facility’s production plant and associated pipeline system, which comprises the gas export pipeline betw