Subsea
BP Confirms Sale of Forties Pipeline to Ineos
BP has agreed to sell its Forties Pipeline System (FPS) business, with assets including the main Forties offshore and onshore pipelines and other associated pipeline interests and facilities, to Ineos. The company entered into discussions with Ineos regarding a potential sale of the FPS in March thi
Plexus Secures First Russian Order
Plexus has received first purchase order for its Tersus – TRT mudline suspension system (MLS) from Gusar, the company’s partner in Russia. The purchase order falls under the exclusive licence agreement Plexus signed in January 2016 with Gusar and Konar, two independent Russian oil and gas equipment
Sercel’s QuietSea Achieves Success in US and Morocco
Sercel’s QuietSea passive acoustic monitoring (PAM) system, which is integrated into seismic streamers to detect the presence of marine mammals during seismic operations, has achieved two milestones. Most recently, the US Bureau of Safety and Environmental Enforcement (BSEE) authorized the use of Qu
Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (March 27 – April 02). Norwegian oilfield services player Aker Solutions has reduced its workforce by some 4,800 since 2014. According to the company’s latest corporate responsibility report, total sta
AIS Develops New Electrode for Subsea Welding
Advanced Industrial Solutions (AIS) has produced a new welding electrode which it believes will save marine companies significant time and costs on underwater welding projects. The so-called Barracuda Gold Welding Electrode, manufactured in AIS fabrication facility in North East England, is a specia
Deep Down Eyes New Markets
Deep Down, an oilfield services company, reported net income of approximately $0.2 million, or $0.01 per diluted share for the year 2016, compared to a net loss of $1.8 million, or $0.12 loss per diluted share in 2015. Revenues in 2016 were $25.4 million, an increase of 2% compared to revenues of $2
UTEC Presents New CEO
UTEC, a survey company in subsea services group Acteon, said that Stuart Cameron has taken on the role of the company’s new chief executive officer. Cameron, who previously held operational and management roles for Subsea 7 and acted as CEO of Ceona, will replace UTEC’s co-founder Martin O’Carroll a
Norway: IMCA Plans ROV Seminar in May
The International Marine Contractors Association (IMCA) is organising an ROV Seminar, with the theme ‘The future for remote systems and ROVs in the offshore construction industry’. Chaired by Graham Duncan of TechnipFMC, the IMCA ROV Committee Chairman, it will be held Tuesday 30 – Wednesday 31 May
Trelleborg NjordGuard CPS Passes Wet Tests
Trelleborg’s offshore operation has completed a series of wet tests to verify the capabilities and functionality of its NjordGuard cable protection system for installation and removal on J-tube and monopile interfaces for offshore wind farms. In addition to passing all the tests, NjordGuard was inst
WATCH: Scaldis Decommissions Horne and Wren
Scaldis SMC has recently executed Horne and Wren platform decommissioning project. The company secured the contract in April 2016 with Tullow Oil, operator of the Horne and Wren field. The plugging & abandonment (P&A) of wells and offshore preparatory works were carried out from the jack-up vessel K
DGI Doedijns Inks Distribution Deal with Cameron Ledeen
The productive collaboration between Cameron Ledeen and DGI Doedijns has developed into an official distributorship. Cameron Ledeen specialises in the design and construction of a wide range of valve actuators. This distributorship enables DGI Doedijns to offer both standard stand-alone actuators an
EIVA Upgrades ScanFish ROTV
Danish marine survey solutions company EIVA said it has developed a way to modify its remotely operated towed vehicle ScanFish ROTV to not only swim up and down, but sideways as well during subsea survey operations. The new upgrade is available on all ScanFish models, but is especially relevant to t
Minesto Contracts Malin Group for Deep Green Tidal Project
Marine Solutions provider Malin Group has been awarded a turnkey contract by Minesto to provide concept, design, fabrication and delivery of an offshore support platform for the Deep Green 500 tidal generator project at Holyhead Deep, off the coast of Anglesey, North Wales. The offshore unit will pr
Unique Adds More Survey Equipment
Unique Group’s Survey Equipment division has recently purchased new hydrographic surveying equipment to further upgrade its rental pool. The purchase includes two Edgetech 6205 Swathe Bathymetry Sidescan Sonars and a Reson T50P Multibeam Echosounder, and will be available from the Group’s Aberdeen o