Subsea
New Subsea Player Wins Decom Support Gig in Tunisia
The newly merged Underwater Engineering Services (UES) and Seanic Oceans Systems has secured its first contract in Tunisia. As part of the merger between their parent companies ATR Group and Centurion Group last year, the newly formed business of UES Seanic will support Oceana Subsea on a decommissi
In Photos: Subsea Expo 2017 – Day 2
It is day two of the Subsea Expo 12th annual event at the Aberdeen Exhibition and Conference Centre. Here are some of the photo highlights from the exhibition floor Subsea World News took on Thursday. We spoke to several industry players during the event and you will soon be able to read their stori
TGS Returns to Profit
Geophysical contractor TGS has posted fourth-quarter 2016 net profit of $24 million, compared to net loss of $121.5 million in the same period in 2015. This comes down to quarterly earnings per share (fully diluted) of $0.23, against $1.19 loss per share same time last year. For the full year 2016,
TechnipFMC to Work on Energean’s Project Offshore Israel
Energean Oil & Gas has appointed TechnipFMC as the concept and front end engineering design (FEED) contractor for the Karish and Tanin development programme. This follows Energean’s recent decision to develop the fields using a floating production, storage and offloading (FPSO) unit to facilitate th
AIS Preps DeepOcean for Upcoming Offshore Wind Projects
AIS Training has secured a contract with offshore cable installation contractor, DeepOcean to upskill its workers as the company prepares to deliver several new contract wins. The scope of the contract will see AIS train up to 100 of DeepOcean’s workers in mandatory global wind qualifications at its
Ithaca Hires Peterson Logistics Services for Harrier Development
Energy logistics provider Peterson has been awarded a contract to provide integrated logistics for Ithaca Energy UK. The contract, Peterson’s first with Ithaca, will be in support of the Harrier field development, which is part of the Ithaca operated Greater Stella Area, located in the heart of the
Geoex Counters Spectrum in MCG Bid War
Geophysical and geological services company Geoex has decided to increase its offer for all outstanding shares of MultiClient Geophysical (MCG) to NOK 1.40 per share. The new offer valuates the total share capital of MCG at approximately NOK 130.0 million. The initial offer made by Geoex was NOK 1.2
Plexus Inks Shell Extension
Plexus said it will continue to supply wellhead and mudline equipment to Brunei Shell Petroleum for additional two years. The contract extension covers the supply of both Plexus’ High Pressure/High Temperature (HPHT) and standard pressured Wellhead and Mudline systems and services. Today’s contract
TGS in New Gulf of Mexico Survey
TGS said it has initated the ‘Otos’ multibeam and seep study project in the U.S Gulf of Mexico. Acquisition of the multibeam survey is underway and is the first stage of a seep and geochemistry program covering the U.S Gulf of Mexico. The survey is designed to mirror the Gigante multibeam and seep s
West Tuna Export Pipeline Shut After Oil Sheen Detection
On February 1, 2017, NOPSEMA was informed by Esso Australia Resources (Esso) of an identified oil sheen adjacent to the West Tuna platform, located in Commonwealth waters in the Bass Strait, 45km off the Gippsland coast, Victoria. The West Tuna oil export pipeline was depressurised overnight, and th
Fugro Wins Asia Pacific IRM Job
Fugro has been awarded a framework contract in the Asia Pacific region for inspection, repair and maintenance (IRM) services. Under this contract, with an undisclosed client, IRM services can be called off as needed. The total value of the contract is estimated at around EUR 80 million over the thre
CPI Presents Its New Subsea Linear Position Sensor
Control Products Inc. has introduced the ‘SL2000’ linear position sensor that is both deep sea submersible and ATEX and IEC-EX intrinsic safety rated. The sensor is designed for the hydraulic cylinders and accumulators such as those used in offshore oilfield mining and drilling operations or heavy d
In Photos: Subsea Expo 2017 – Day 1
The 12th annual conference and exhibition, Subsea Expo, has launched with more than 5000 delegates and around 150 exhibitors expected from all over the world. Organised by the industry body – Subsea UK – the event is taking place at the Aberdeen Exhibition and Conference Centre from 1-3 February 201
Plexus in Revenue Warning, But Eyes Recovery
Plexus Holdings, oil and gas engineering services business, has noted that its revenue for the current financial year, ending 30 June 2017, is currently running materially behind expectations. The company is said to be in negotiations for the conclusion of several new contracts which if they fall wi