Subsea
SapuraKencana Clinches $215 Mln Worth of Contracts
SapuraKencana Petroleum Berhad (SapuraKencana) has been awarded new contracts with a combined value of approximately USD 215 million. The first contract awarded to a consortium of SapuraKencana TL Offshore and SapuraKencana HL by Oil and Natural Gas Corporation (ONGC) is for the B127 cluster pipelin
Solstad Financing Approved, Strikes Deal for Normand Maximus
Oslo-listed vessel owner Solstad informed today that banks have approved its financing plan on terms satisfactory to Norwegian industrial investment company Aker. Namely, Aker will inject NOK 250 million in new equity and provide NOK 250 million in the form of a subordinated convertible bond, with m
Gazprom Gets Go-Ahead for TurkStream Pipeline Survey
Gazprom has received a survey permit for two strings of the TurkStream gas pipeline’s offshore section in Turkey’s territorial waters. The TurkStream gas pipeline will run 660 kilometers along the old route of South Stream and cover 250 kilometers of a new route toward the European part of Turkey. “
Global Marine Bolsters Portland Facility with New Power Cable Carousel
Global Marine Systems has extended its capabilities with the installation of a power cable carousel to store and manage power cables at its Portland Port depot on the south coast of England. The company said one OFTO (Offshore Transmission Owner) client is already utilising the facility’s new capabi
Allspeeds Builds ROV Cut Loop Cutter for BOPs
Allspeeds, the designers and manufacturers of Webtool, has released an ROV cut loop cutter for emergency activation of a blow out preventer (BOP). It is used to sever the cutting loop to activate the BOP in the event other measures have failed. Subsea intervention involves the use of remotely operat
UK Universities Launch Decommissioning Masters Degree
University of Aberdeen in partnership with Robert Gordon University (RGU) has launched UK’s first Masters degree in decommissioning oil rigs and platforms. Both universities are developing a suite of joint Masters degrees, and the new programme that will focus on the key aspects associated with deco
Carnegie Inks MoU to Expand to Sri Lanka
Carnegie Wave Energy is expanding its commercial wave and microgrid projects into Sri Lanka through the signing of a Memorandum of Understanding (MoU) with the Lanka Energy Conservation. The agreement focusses on identifying the opportunities and development pathways for commercial wave energy plant
Unexploded German Bomb Discovered in Portsmouth Harbour
A barge carrying out dredging works discovered an unexploded World War Two bomb on the seabed of the Portsmouth Harbour on Thursday. The barge was preparing seabed for the arrival of the Navy’s new 65,000-tonne aircraft carrier HMS Queen Elizabeth next spring. Royal Navy bomb disposal experts towed
Deepwater Horizon Oil Spill Left Permanent Traces on Gulf Marshes, Study Shows
The Deepwater Horizon oil spill six years ago caused widespread marsh erosion that may be permanent in some places, according to a new Duke University-led analysis of 270 miles of the Louisiana, Mississippi and Alabama coasts. At the hardest-hit of 103 Natural Resource Damage Assessment (NRDA) sites
Seaeye Leopard Arrives at ROVOP’s Houston Base
ROVOP has expanded its fleet of remotely operated vehicles (ROVs) for the US region. Namely, the company said it has taken delivery of Seaeye Leopard electric work class ROV, the first of its kind for the Gulf of Mexico (GoM), and believed it could help operators reduce costs by 40 percent. The ROV
Prysmian Presents Its Latest HVDC Innovation
Prysmian said it is set to launch a new breakthrough cable technology for the development of power transmission grids that should ensure higher electrical performances, lower costs and better environmental sustainability. The company said it has successfully developed and tested its new P-Laser 600
Maersk Oil Begins Culzean Drilling
Danish company Maersk Oil has started drilling of the first production well on the Culzean field off UK on Wednesday, September 29. The well is the first of six production wells to be drilled on the high pressure/high temperature (HPHT) field, with continuous drilling activity planned over the next
Ecosse Subsea Bags Carousel Order
Ecosse Subsea Systems (ESS) has been awarded a £3 million contract by an international infrastructure group to design and build a 1500-ton carousel and associated spread. The carousel will be used for the storage of spare cables required for UK offshore wind farm projects. The carousel will have the
NYK Wraps Up Investment in EMAS Chiyoda Subsea
Nippon Yusen Kabushiki Kaisha (NYK) has completed its investment in EMAS CHIYODA Subsea (ECS). Through the acquisition of existing shares from Ezra and Chiyoda, NYK now holds a 25% equity interest in ECS. Ezra and Chiyoda retain their respective 40% and 35% shareholding in ECS. Tadaaki Naito, presid