Subsea
Incat Crowther to Design Stapem Offshore Catamaran DSVs
Incat Crowther has been awarded a contract with Legacy Marine Group of Port Elizabeth, South Africa for the design of two new 18-meter catamaran dive support vessels (DSVs) to be built for for operation in the coastal waters off Angola. The vessels will feature a customized design specific to suppor
Turkish Seismic Vessel in Eastern Mediterranean Shoot
The Barbaros Hayreddin Pasha seismic vessel has started Eastern Mediterranean survey in line with the government’s ‘National Energy and Mining Policy’. According to Turkish Anadolu Agency, the survey has started on April 21, and is planned to last until May 31, 2017. The Barbaros Hayreddin Paşa is o
JFD Secures Contract with UK MOD Salvage and Marine Ops
JFD, a James Fisher and Sons company, has been awarded a four-year framework contract, worth up to £10 million, by the UK MOD Salvage & Marine Operations Team for the provision of subsea equipment and support. The Salvage and Marine Operations (S&MO) Team owns and operates subsea equipment to fulfil
Shearwater to Provide 3D Vessel for TGS New Survey
Shearwater GeoServices has secured a contract from TGS for its Crean 3D project to be conducted offshore Ireland. Shearwater will provide one of its 3D vessels for the 5,400 km2 survey located in the South Porcupine Basin. This award will strengthen Shearwater’s backlog in the EAME region for the 20
Engie Calls TechnipFMC and Aker for Cara Feasibility Studies
Engie E&P Norge has awarded contracts for feasibility studies for the Cara project (PL 636) in the Norwegian part of the North Sea to TechnipFMC AS and Aker Engineering and Technology AS. The studies intend to show the potential, challenges and opportunities at an early stage of the development. Spe
Helix Narrows Q1 Loss
Offshore services player Helix Energy Solutions has seen red in the first quarter of 2017, but managed to improve when compared to a year-ago period as well intervention activity and utilization picked up. On revenue increase of close to 15 percent year-over-year, the Houston-based well intervention
TGS Plans Crean 3D Survey Off Ireland
TGS announced plans for a new multi-client acquisition project, Crean 3D, on the Irish Atlantic Margin. Crean 3D (CRN 3D) is a multi-client survey of more than 5,400 km2 located in the South Porcupine Basin between the Porcupine High and the Irish Mainland Platform. TGS will acquire new 3D data to p
Sovcomflot Takes Delivery of Polarcus Amani
Oslo-listed Polarcus said it has delivered the vessel ‘Polarcus Amani’ to SCF GEO (Sovcomflot) following the charter agreement announced in February this year. The fixed period of the charter will be 5 1/2 years with options to extend for up to four additional months. The vessel was delivered withou
AGR Nets NPD Deal
AGR has secured a new framework agreement from the Norwegian Petroleum Directorate (NPD) for delivery of reservoir management. The agreement will see AGR deliver reservoir management studies in subsurface technology, reservoir geology and reservoir engineering over a two year period, with options fo
Keith Grammar School Wins Scottish MATE ROV Contest
Keith Grammar School has come out on top in an annual competition which sees pupils from across Scotland put underwater robots they have designed and built to the test. The Scottish leg of the MATE ROV competition, co-ordinated and hosted by Robert Gordon University (RGU), saw eight schools put thei
Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (April 17 – April 23). TechnipFMC and DOF Subsea joint venture has taken delivery of a newbuild pipelay support vessel (PLSV) the Skandi Búzios. The PLSV started its 8-year charter contract with Petrob
Schlumberger Sees Q1 EPS Halved, But Revenue Growth of 6 Pct
Oilfield services major Schlumberger has posted first-quarter 2017 profit of $279 million, or 20 cents per diluted share, versus profit of $501 million, or 40 cents per diluted share same time last year. Sequentially, net income, excluding charges and credits was at $347 million against $379 million
PHOTO: Aasta Hansteen Spar on Its Way to Norway
Norwegian oil & gas giant Statoil has reached another milestone as the world’s largest spar destined for Aasta Hansteen field sets sail for Norway. At 14:30 local time in South Korea the Aasta Hansteen spar left Hyundai Heavy Industries after it was recently floated out and loaded onto the world’s l
Saipem Keeps 2017 Guidance Despite Q1 Profit Drop
Italian oilfield services player has reported net profit of €47 million for the three months ended March 31, 2017, against €61 million in the same quarter last year. Adjusted net profit was €54 million, versus €61 million in Q1 2016. Revenues for the Q1 2017 were down, amounting to €2.26 billion, co