Subsea
DeepOcean Wins with Statoil
DeepOcean has secured a contract from Statoil for survey and light construction services in 2017. Offshore work will be undertaken in 2017 with a vessel from DeepOcean’s in-house fleet and survey ROV ‘Superior’. The Superior carried out its first commercial project for Statoil in 2016 under the same
DOT Radiance Puts Off Newbuild Charter
DOT Radiance, a joint venture between DOT Shipping and Pacific Radiance, has agreed with the charterer to delay delivery of the newbuild offshore construction support vessel to December 31, 2017. The joint venture secured a long-term charter contract worth over $140 million, including extension opti
EnerMech Bags Subsea 7 Contract in Australia
EnerMech has secured its first contract in the Australian oil and gas market from Subsea 7. The company will perform a range of subsea flowline and umbilical pre-commissioning on the Woodside-operated North West Shelf (NWS) Project’s Persephone project and North Rankin Complex in Western Australia.
JFD and Wuhu Ink Joint Venture Deal in China
James Fisher and Sons’ subsidiary JFD has expanded into the Chinese market through the signing of a joint venture with Wuhu Diving Equipment Factory. Wuhu Diving Equipment Factory is a subsidiary of Shanghai Salvage Company (SSC). SCC recently awarded a £35-million contract to JFD to manufacture a 2
IOG Submits Blythe Field Development Plan
Independent Oil and Gas (IOG) has submitted the Blythe Field Development Plan (FDP) to the Oil and Gas Authority (OGA). The Blythe gas field, which is 100% owned and operated by IOG, is located in the Southern North Sea close to existing infrastructure and other IOG-owned licences. It contains indep
Rosneft Buys Stake in Eni’s Zohr Field Off Egypt
Eni has agreed to sell to Rosneft a 30% participating interest in the Shourouk Concession, offshore Egypt, where the supergiant Zohr gas field is located. Eni, through its subsidiary IEOC, currently holds a 90% stake in the block following the recent dilution of 10% to BP which completion is ongoing
Allseas Grabs Nord Stream 2 Pipelay Job
Nord Stream 2 AG and Allseas have signed a letter of intent covering the offshore pipelay capacities for the Nord Stream 2 Pipeline through the Baltic Sea. The Letter of Intent ensures that Allseas will undertake offshore pipelay works for the first line and also provides the option to book capaciti
Ecosscope Deploys Subsea Glider to Collect Data Off PNG
In conjunction with geophysical and geochemical surveys currently being acquired by its sister company Searcher Seismic, Ecosscope is acquiring environmental baseline data in the Gulf of Papua. Ecosscope and project partners Blue Ocean Monitoring and Gardline Marine Sciences deployed an autonomous s
Hawaiki Contracts Mirait for Cable Infrastructure in Sydney
Mirait Technologies Australia has signed a contract with Hawaiki Submarine Cable LP, the owner and developer of the Hawaiki submarine cable system, for the build of terrestrial infrastructure in Sydney. The Hawaiki submarine cable system is a new trans-Pacific cable, which will link Australia and Ne
Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (December 05– December 11). Subsea Integration Alliance between OneSubsea, a Schlumberger company, and Subsea 7 has secured a contract from Murphy Oil for engineering, procurement, construction, instal
Solstad, REM Seal Merger
REM Offshore has completed its financial restructuring and merged with Solship, a wholly owned subsidiary of Solstad Offshore. The merger was completed as a statutory triangular merger, whereby Solship is the surviving company. The consummation of the merger between REM and Solship, with considerati
80 Jobs Lost as Olympic Avoids Bankruptcy
Norwegian provider of subsea and offshore construction vessels, Olympic, said on Friday it has obtained support from its key stakeholders for the financial restructuring of the Group. Through implementation of the restructuring, a new pure-play subsea structure will be created and NOK 400 million in
Helix Feels Brazil Setback
Offshore services player Helix Energy Solutions has experienced ‘unexpected delays’ with its operations in Brazil as it anticipated an earlier start of its well intervention campaign for Petrobras. Namely, when in June this year Petrobras and Helix finalised amendments to their well intervention ser
SeaBird Gears for South America Shoot
Oslo-listed SeaBird, a seismic data provider for oil and gas companies, has signed an agreement to provide a vessel for an upcoming 2D seismic survey in South America. The project is anticipated to start in late December 2016 and will have a duration of approximately 45 days. SeaBird will be using t