Subsea
Siem Offshore Bags New OSCV Contracts
Oslo-listed marine contractor Siem Offshore has landed several global charter contracts including for its offshore subsea construction fleet. The 93.6 meters long OSCV Siem Marlin, designed for ROV and light construction duties, has started its contract in South America scheduled for 150 days. The 1
C6 Technologies Launches Its Well Intervention System
C6 Technologies, an oilfield technology company offering solutions for well intervention and conveyance utilising composite materials, has informed that its new ComTrac system is performing field trials after completing test well runs. The company, a joint venture by Archer and IKM, currently has on
PGS in Q1 Profit Warning
Norwegian seismic player, Petroleum Geo-Services (PGS) said it expects revenues for Q1 2017 of approximately $155 million ($203 million in Q1 2016), with an EBITDA of approximately $30 million ($79 million in Q1 2016). According to PGS, the low EBITDA is primarily driven by the relatively low multi-
Shearwater Contracts Veripos for GNSS Positioning Services
Veripos, has won a contract for global navigation satellite systems (GNSS) positioning services with recently formed seismic contractor Shearwater Geophysical. Under the terms of the new agreement, Veripos will supply GNSS positioning services to Shearwater’s fleet of four marine seismic survey vess
Birns Connectivity Solution for DeepFlight New Submarine
Birns, Inc. has been selected by DeepFlight, a manufacturer of personal submarines, to supply a range of custom penetrator assemblies for its newest submarine model, the DeepFlight Super Falcon 3S. The custom penetrators will be crafted from anodized aluminum and rated to 400FSW. The Super Falcon 3S
RTI-C and NEC Start Building Hong Kong – Guam Subsea Cable
Construction of the Hong Kong – Guam Cable system (HK-G) has officially begun, RTI Connectivity and NEC Corporation said on Friday. The 3,900 kilometer undersea cable, featuring 100 gigabit per second (Gbps) optical transmission capabilities, will deliver design capacity of more than 48 terabits per
New Commercial Manager for Modus
Modus Seabed Intervention has strengthened its management team with the recruitment of Guy Lainchbury, who joins Modus as commercial manager. Lainchbury has previously worked as commercial manager for Saipem and more recently as tendering director for Subsea 7, where he worked for 10 years. Nigel Wa
WFN in Hudson Bay Subsea Cable Study
WFN Strategies has been selected by Ambra Solutions to carry out a study for a submarine cable connecting Canada’s Nunavut region and Manitoba. Submarine cable system implementation company WFN Strategies will be accomplishing its executive Desktop Study (eDTS), an abbreviated analysis using readily
Rolls-Royce to Upgrade Njord A Mooring System
Rolls-Royce has been chosen by Norway-based Kvaerner to provide a mooring system for Statoil’s oil platform Njord A. Njord A is being upgraded by Kvaerner and Rolls-Royce has been chosen to provide an upgrade to its mooring system. The contract has a value of about £15 million. Njord A is a semisubm
New Funding for Tidal Power Environmental Monitoring
Industry and academic researchers will join forces to collaborate on two projects in developing new environmental monitoring technologies for tidal energy applications. The projects were selected for funding through a joint research competition sponsored by the Offshore Energy Research Association o
Trendsetter, Add Energy Win Well Control Assurance Contract
Trendsetter Engineering and Add Energy have combined expertise to provide engineering and hardware support services to the industry’s most challenging problems in a nimble and responsive environment. The companies have recently been awarded a contract to supply engineering expertise and access to Tr
Interventek Presents World’s First 20,000psi In-Riser Safety Valve
Aberdeen-based well intervention technology specialists, Interventek Subsea Engineering, have launched an ultra-high pressure, high temperature (HPHT) version of its Revolution safety valve for in-riser landing string systems. This new shear and seal valve is able to withstand working pressures of 2
PTTEP Hires Neptune for Cash Maple Geotechnical Job
Neptune has been awarded a geophysical and geotechnical work scope by PTTEP at the Cash Maple Field, located approximately 630 km North Northeast of Broome. Neptune will acquire survey and geotechnical data to assist PTTEP in deciding export pipeline routing options from the Cash Maple Field. The wo
Spectrum Begins 2D Shoot Offshore Argentina
Spectrum has started a 35,000 km multi-client 2D seismic survey covering 435,000 km2 in the deep waters of Argentina in cooperation with YPF S.A. The survey will provide industry with the first ever detailed seismic grid over this under-explored frontier area of Argentina, allowing for basin-wide st