Subsea
Reach Subsea Hires Havila Subsea
Havila Shipping has entered into an agreement with Reach Subsea for use of the subsea vessel Havila Subsea for three years. The agreement also includes two optional periods, each of one year. Reach will mobilize ROV and survey equipment on board, which constitutes a subsea spread that will be used o
BW Offshore Gets Another Abo FPSO Extension
BW Offshore has signed an interim extension agreement for floating production storage and offloading (FPSO) Abo with Nigerian Agip Exploration, a subsidiary of Eni. The agreement was extended until March 31, 2017. According to BW Offshore, the short term extension has been agreed to secure operation
Eidesvik, CGG Reduce Day Rate for Viking Vanquish
Eidesvik and CGG have agreed on changes to the bareboat contract for the seismic vessel Viking Vanquish. The contract expires in November 2020 effective from January 2017. The day rate will be reduced for the rest of the contract, Eidesvik informed. Eidesvik will receive listed senior notes maturing
Schlumberger Posts Loss
Oilfield services major Schlumberger has posted fourth-quarter 2016 net loss of $204 million, versus a loss of $1.02 billion in the same period last year. The company’s revenue fell 8 percent to $7.1 billion, from $7.74 billion in the corresponding period in 2015. Schlumberger reported cash flow fro
Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (January 16– January 22). TechnipFMC has started operating as a unified, combined company following completion of the merger of FMC Technologies and Technip. The company, with approximately 44,000 empl
Viper Subsea Introduces V-Supply
Viper Subsea has introduced V-Supply, a topsides electrical power module, which along the provision of a source of electrical power to subsea equipment, incorporates monitoring technology. In addition to control and monitoring technology, V-Supply also provides remote umbilical testing without the n
Proserv Nets New Contracts; Reveals Expansion Plans
Proserv has secured contracts valued at more than $12 million so far in 2017, and has revealed plans for international growth with new bases in Saudi Arabia and India. The wins include a contract for the delivery of a three well subsea control system in Indonesia for the unnamed oil and gas operator
Statoil to Modify Sleipner for Connection with Utgard Field
Statoil has received consent from Petroleum Safety Authority (PSA) to make modifications at Sleipner A and T to connect to the Utgard field. The consent is for the necessary modifications to the Sleipner A and T facilities in order to receive and process the well stream from Utgard oil and condensat
Seabed Geosolutions Bags West Africa OBN Contract
Seabed Geosolutions has been awarded a 4D baseline ocean bottom node (OBN) project in West Africa. The duration of the project is six-weeks, the company said. The crew is currently in the mobilization phase of the project. According to Seabed Geosolutions, the project will support the optimization o
PSA Inspects Johan Sverdrup Export Pipelines
Petroleum Safety Authority (PSA) Norway has carried out an audit of the export pipelines at Statoil’s Johan Sverdrup field in the North Sea. The PSA carried out an audit of Statoil and the installation concept for the two pipelines from Johan Sverdrup. The audit was conducted as a meeting at Statoil
Saipem Hires Solstad’s Normand Installer for Jangkrik Work
Solstad Offshore has entered into a contract with PT. Saipem Indonesia for offshore installation works for the Jangkrik floating production unit (FPU). The company will be utilizing the construction support vessel (CSV) ‘Normand Installer’ to undertake the work. Jangkrik FPU is a part of Jangkrik Co
EMGS Inks New Charter for BOA Thalassa
Electromagnetic Geoservices (EMGS) has signed a new charter agreement for the vessel BOA Thalassa with BOA SBL, the owner of the vessel, at new and improved commercial terms. The new terms are valid through October 01, 2019 with an option to extend the agreement through April 01, 2021. EMGS and the
OneSubsea’s Production System for Statoil’s Utgard Field
OneSubsea, a Schlumberger company, has secured an engineering, procurement and construction contract from Statoil to supply subsea production system for the Utgard gas and condensate discovery in the North Sea. The scope of the contract includes a subsea template manifold system, two subsea wellhead
Scottish Enterprise Supports Enpro Through New Action Plan
Scottish Enterprise has revealed a new subsea engineering action plan. The news comes as Scottish Government Minister for Business, Innovation and Energy, Paul Wheelhouse, visits oil and gas firm, Enpro Subsea, to announce its new £1.5 million investment to support innovation, a key theme of the pla