Subsea
Paradigm Boosts Houston Team
Aberdeenshire-based Paradigm Flow Services said it will strengthen its operations in Houston by relocating its business development manager, Kevin Keogh, to help with the company’s expansion in North America. According to Paradigm, this investment in US-based resources should enable the company to b
Bardot to Set Up OTEC Technology in Maldives
Bardot Group, a French SME specialised in subsea engineering and equipment manufacturing for offshore energy, has signed a contract for the first commercial OTEC (Ocean Thermal Energy Conversion) system to be installed in an eco-resort in Maldives. The contract, which includes engineering, procureme
Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (October 10 – October 16). DEA has awarded the EPCI (engineering, procurement, construction and installation) contract for the smaller structures and pipelines, as well as the subsea installation work
Eni: Kashagan Restarts Oil Flows
Eni said that the first batch of export crude oil has been shipped from the onshore processing plant of the Kashagan oil field in the North Caspian Sea, following the replacement of subsea pipelines. Italian oilfield services player Saipem won a contract in 2015 to lay two 95 kilometer replacement p
Nautilus Makes New Appointments
Toronto-based underwater mineral exploration company, Nautilus Minerals, has appointed Stuart MacKenzie as company secretary and legal counsel, and Glenn Withers as acting chief financial officer, effective October 14, 2016. MacKenzie has over 30 years experience in the mining industry. He has serve
Prysmian Bags Rentel OWF Cable Deal
Prysmian Group has been awarded a contract, worth up to EUR 13 million, by Tideway B.V. for the Rentel offshore wind farm project. The Rentel wind farm is located approximately 34 km from the Port of Zeebrugge and approximately 40 km from Oostende off the Belgian coast. It will consist of 42 Siemens
Armada Olombendo FPSO Ready for Eni’s East Hub Project
Eni informed that the naming ceremony of the “Armada Olombendo” floating production, storage and offloading (FPSO) vessel was held in Singapore on Friday. The FPSO will operate in Block 15/06, offshore Angola, for the East Hub Development Project. The vessel will soon be ready to sail to its final d
IHC Cuts 425 More Jobs
Royal IHC has informed that, due to persistently poor market conditions, it will be making additional capacity adjustments, which will have an impact on around 425 employees in The Netherlands. The company said it will hold staff meetings at all locations today where the management will provide staf
Huawei, LTI Partner on Middle Package of Palapa Ring Project
Huawei and PT.LEN Telekomunikasi Indonesia (LTI) have signed an agreement to design and construct a portion of the Palapa Ring Project in Indonesia. The Palapa Ring is a broadband network project that is led by Indonesian government for the purpose of increasing broadband penetration in the more rem
ISIF Invests $25M in Aqua Comms
Aqua Comms, the operator of Ireland’s first dedicated subsea fibre-optic network interconnecting New York, Dublin and London, has secured an investment of $25 million in equity capital from the Ireland Strategic Investment Fund (ISIF). Aqua Comms said it will use the funds to further accelerate cust
Mermaid Maritime Axes CFO
Mermaid Maritime, a provider of subsea and drilling services to the offshore oil and gas industry, has notified that, as of today, October 14, 2016 Raza Ullah Khan will no longer be performing his duties of the company’s chief financial officer. Raza Ullah Khan, who was just appointed over a month a
C-Kore Provides PTTEP Australasia with Tools for Subsea Testing
C-Kore Systems has completed another campaign with PTTEP Australasia by supplying them with its C-Kore subsea testing tools. The C-Kore tools, designed and built to speed up and simplify subsea testing, were used to fault-find electrical cables subsea. According to the company, the C-Kore units save
Hawaiki Cable on Track for Mid-2018 Completion
Hawaiki Submarine Cable LP and TE SubCom have achieved another milestone with the start of the system manufacturing for the Hawaiki transpacific cable system. Hawaiki, the 14,000 km long cable system, will link Australia and New Zealand to the mainland United States, as well as Hawaii, with options
Technip Scoops Petronas Malaysia Subsea Work
Technip has been awarded a subsea contract by Petronas, for the Samarang Redevelopment Project Phase 2 EOR, in Malaysia. Under this contract, Technip will manage the engineering, supply, construction, installation and commissioning (EPCIC) of flexible pipelines, with diameters ranging from 4” to 6”,