Subsea
New Managing Director for InterMoor Brazil
InterMoor, an Acteon company, has appointed Cleiver Moulin as managing director in Brazil. Moulin will be responsible for overseeing InterMoor do Brasil’s business in the region. Moulin joined InterMoor do Brazil in 2010 as a senior project manager and has since played management roles in projects,
Kreuz Subsea Delivers Project Off India
Singapore-based Kreuz Subsea recently undertook a hot tapping project on live pipelines, completing three hot taps and interconnecting spools for an EPC contractor and an undisclosed oil and gas major, on the West coast of India. Oceaneering’s smart taps (2 x 12” + 1 x 14”) with furmanite tooling, w
Diamond Offshore,Trelleborg Partner on Helical Riser Buoyancy
Diamond Offshore Drilling and Trelleborg have entered into a joint development agreement to develop, manufacture and market Helical Buoyancy riser technology developed by Diamond Offshore. The agreement will see Diamond Offshore work with Trelleborg on further application engineering, data acquisiti
UK Subsea Sector Needs Government Support, Industry Body Says
Subsea UK, is leading a delegation of subsea companies across the country’s supply chain to Westminster on June 15th to outline what is required of Government to help the industry in the lower, for longer oil price environment. Subsea UK believes that out of 120,000 job losses in the oil & gas indus
Statoil Ahead of Schedule and Below Budget with Gullfaks Template
The Norwegian Petroleum Directorate (NPD) has granted the licensees in Gullfaks (production licence 050) consent to start-up the facilities on the Rutil deposit on Gullfaks South, and to start producing. Rutil is a gas-filled structure on Statoil-operated Gullfaks South, located in the Tampen area i
EMAS CHIYODA Subsea Gets New Major Shareholder
Ezra Holdings, Chiyoda Corporation and Nippon Yusen Kabushiki Kaisha (NYK) have entered into a binding agreement for NYK to invest in EMAS CHIYODA Subsea (ECS), which is currently a 50:50 joint venture company owned by Ezra and Chiyoda. Through the acquisition of shares from Ezra and Chiyoda, NYK wi
Plexus to Raise $8.5 Mln to Support Firm Through Oil Downturn
Plexus Holdings said it has agreed the terms of a conditional placing to raise £6 million ($8.5 million) before expenses, by way of a placing of 9,230,770 new ordinary shares at a price of 65 pence per ordinary share to new and existing investors. The placing is intended to strengthen Plexus’ balanc
IHC Designs New Inter-Array Cable Layer
IHC has introduced a new inter-array cable-laying vessel designed to facilitate more efficient offshore wind farm installations. The vessel is approximately 106 meters long with breath of 22 meters. According to IHC, the new design should reduce costs for inter-array cable-laying operations by 20 to
AAE-1 Subsea Cable Lands in Oman
Omantel has announced the landing of the Asia Africa Europe-1 (AAE-1) submarine cable system in Oman, local media reported. AAE-1 is a 25,000 km system owned by a consortium of 19 global service providers that will connect Southeast Asia to Europe across Egypt. The cable connects Hong Kong, Vietnam,
Basslink Interconnector Back in Business
Basslink informed that the electricity interconnector has returned to service ahead of its expected return to service date of June 14, 2016. Basslink Telecoms (the fibre optic cable) was back in service on Friday 10 June. Reportedly, Basslink resumed operation at 11:51 am, exporting power from Tasma
Barakah Nets Murphy Contract
Barakah Offshore Petroleum Berhad’s wholly-owned subsidiary PBJV Group Sdn Bhd (PBJV) has received the Letter of Award from Murphy for an umbrella contract for the provision of welding services for drilling and subsea program. The contract includes provision of welding services for Murphy’s drilling
Polarcus Bags XArray Project in Barents Sea
Polarcus Limited has received a Letter of Intent (LoI) for an XArray project in the Norwegian Barents Sea for an undisclosed client. The survey is due to start in August 2016, after required authorization has been obtained. It will run for approximately four weeks, the company informed. This extends
DNV GL Helps Trim Subsea Documentation
A two-year cross-industry project led by DNV GL has delivered a publicly available Recommended Practice which can reduce the amount of subsea documentation and enable documentation reuse in a typical subsea field development project. DNVGL-RP-O101 ‘Technical documentation for subsea projects’ detail
OceanWorks Delivers SIIMs to Ocean Networks Canada
OceanWorks International will deliver three of its subsea instrument interface modules (SIIM) to Ocean Network Canada in 2016, the company informed. The SIIM will be deployed to augment those already comprising a substantial portion of the Neptune cabled observatory deployed in the Pacific Ocean off