Subsea
Toisa Files for Chapter 11 Bankruptcy
Vessel owner Toisa Ltd. has filed for chapter 11 bankruptcy protection in the U.S. Bankruptcy Court, Southern District of New York. Reportedly, slowdown in the oil & gas and dry-bulk markets has left the company in debt of some USD 1 billion. According to documents submitted to the Bankruptcy Court
ABS Presents Guidance on Subsea Hybrid Risers
ABS, the provider of classification and technical services to the offshore industry, said it has published the first set of recommended practices for hybrid riser systems in the offshore industry, titled “ABS Guidance Notes on Subsea Hybrid Riser Systems”. “The introduction of new approaches like th
SMD to Build Subsea Telecom Cable Plough for SBSS
Soil Machine Dynamics (SMD) have signed a contract with S.B. Submarine Systems (SBSS) for the design, manufacture and delivery of the next generation MD3XT submarine telecom cable plough. The complete plough system will come equipped with an optical umbilical and SMD purpose-designed and manufacture
OGIC Innovation Zone to Host Developers at Subsea Expo
New oil and gas technologies and research capabilities of Scottish Universities are set to be highlighted at Subsea Expo by the Oil & Gas Innovation Centre (OGIC). OGIC will host companies developing new technology and two Scottish Universities with energy-related research and development strengths
ITF Sets Up JIP Aimed at Pipe-Walking Challenge
The Industry Technology Facilitator (ITF) is welcoming additional participants to a new joint industry project (JIP) to develop pipeline anchoring and monitoring systems which is said it could mitigate the risk of pipeline walking and cut pipeline anchor installation costs in half. The Anchoring Pip
James Fisher Assists Galloper Offshore Works
James Fisher Marine Services (JFMS), has seen its offshore operations at Galloper offshore wind farm (OWF) start with the attendance of a three-man emergency response team, in support of the foundation installation works starting at the site. The emergency response team and the CTV Severn Provider”w
Lloyd’s Register Launches Subsea Inspection Service
Lloyd’s Register (LR) has established Subsea Inspection Service to support underwater inspections of subsea pipelines, assets and facilities to energy companies operating offshore. Services include project management, consultancy, personnel, quality control, data processing and data management, appl
Mcdermott Grabs Ceona Amazon?
The Houston-based offshore EPCI player, McDermott, has reportedly struck a deal to acquire the pipelay and construction vessel Ceona Amazon, previously owned by the SURF contractor Ceona. Ceona fell into administration in 2015 resulting in over 100 redundancies, and left the company assets up for sa
Polarcus Board Member Steps Down
Seismic player Polarcus informed that Chris Kelsall has resigned from its board of directors with effect from January 29, 2017. Kelsall was elected in may 2016 as a board member with a term of office of two years. Polarcus chairman, Peter Rigg, said: “I would like to thank Chris for his diligence an
Cathie Associates Expands to USA
Cathie Associates have formed a US entity, Cathie Associates Inc, in Boston, Massachusetts. The move is part of the company’s plans for international expansion and will enable them to serve offshore wind development in the USA. David Cathie, CEO and founder of the international consultancy said: “We
Bert Instruments Picks Nexus USBL for Columbia Survey
Subsea survey specialist Bert Instruments has selected Applied Acoustics’ Nexus USBL for its pre and post drilling, environmental and geophysical study in the deep waters off Colombia at the Orca-1 exploratory well, 40 kilometers north of the coast of La Guajira. Surveys, geophysical and environment
Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (January 23 – January 29). Oceaneering has been awarded a technology development contract by Statoil. The contract provides for the development, manufacturing, testing, and mobilization of a self-conta
Freire Shipyard to Build Oceanographic Vessel for Saudi Arabia
Vigo-based Freire Shipyard has secured a contract for the construction of a 43-meter oceanographic vessel, ordered by a Technology Center in Saudi Arabia. According to the company, the vessel will be very similar to the RV Janan delivered to Qatar University in 2011, but it will be adapted to the ne
NOC Marine Robotics Innovation Centre Welcomes Steatite
Steatite, developer of power solutions for extreme environments, has formally become a partner with the Marine Robotics Innovation Centre. Steatite’s move into the Innovation Centre is a sign of the company’s potential to secure their position in the market of innovative power solutions for deep-sea