Subsea
MEC Finds Contractor for Sydney Basin Survey
MEC Resources informed it has executed a contract for the seismic activities within PEP11 in the offshore Sydney Basin. An undisclosed seismic player will perform a 2D survey covering approximately 200 line km to assist in the drilling of the Baleen target approximately 30 km south east of Newcastle
Xtera Launches Subsea Branching Unit
Xtera Communications has released its subsea Branching Unit (BU). Branching units are used in submarine cable systems to provide traffic and power routing between the trunk and branch cables. Xtera has used the supervisory system to allow operators to switch the BU powering simply by sending command
Ezra Takes Q2 Loss
Ezra Holdings has booked a loss in the second quarter as the weak market drove the revenues down forcing the Singapore-based offshore contractor to recognise impairments and write offs of bad debts. The Losses for the three months ending February 29 came in at USD 282.6 million for Q2 2016 and USD 3
WHOI Supports NTSB Search for El Faro Data Recorder
The Woods Hole Oceanographic Institution (WHOI) will assist the National Transportation Safety Board (NTSB) as it undertakes its second search for the vessel data recorder (VDR) of the sunken El Faro cargo ship. The U.S. flagged El Faro sank during Hurricane Joaquin on October 1, 2015. All 33 of the
JFO Relocates Asia Pacific Facilities to Malaysia
James Fisher Offshore (JFO) has relocated its Asia Pacific facilities to Johor Bahru, Malaysia. Having already operated from Singapore for over a year, this relocation and expansion will enable JFO to deliver enhanced support to its customers in the provision of subsea and topside equipment and serv
Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (April 11 – April 17). Kongsberg Maritime’s UK division has uncovered the long lost model of Nessie which was used during filming of 1970’s “The Private Life of Sherlock Holmes”. The discovery was made
Aker Solutions Signs Up Aberdeen for Another Decade
Aker Solutions is redeveloping its manufacturing site in Aberdeen to strengthen its capabilities in the UK. The company has signed a new 10-year lease for the Kirkhill Avenue site in Dyce, Aberdeen, which has served as a joint subsea equipment manufacturing and subsea services facility for Aker Solu
Kleven Hosts Edda Freya Naming Ceremony
Norwegian shipbuilder Kleven is marking this year’s first naming ceremony with the christening of BN 373, subsea construction vessel, Edda Freya. Kleven has built the 150-meter vessel for Haugesund-based vessel owner Østensjø Rederi. After delivery, Edda Freya is scheduled to join the DeepOcean flee
Aker Solutions Grabs Petrobras Prize
Aker Solutions has secured an agreement to provide maintenance and other services for subsea facilities at Petrobras-operated oil and gas fields offshore Brazil. The contract is for a fixed term of three years valued at BRL 435 million net of taxes (NOK 1 billion) and may be extended by another thre
Ezra Looks to Dispose of FPSO Lewek EMAS
Singapore-listed offshore contractor, Ezra, and EMAS Offshore Production Service, a wholly-owned subsidiary of EMAS Offshore, have accepted a non-binding letter of intent (LOI) to sell at least their current combined 78,4 per cent in PV Keez to a global infrastructure investment firm. PV Keez is a s
Fukada Salvage Puts UNICORN-1 Drill to Work
Fukada Salvage & Marine Works has completed the sea trial for its seafloor drill UNICORN-1. UNICORN-1 is a seafloor drill designed to operate in waters down to 3,000m depth for geotechnical surveys and mineral explorations. It is a semi-automated wireline drill using commercial tooling. The system i
NLI Subsea Names New CEO
NLI Subsea, a part of private investment company Ard Group, has appointed Øyvind Frydenberg as the company’s new chief executive officer (CEO). Frydenberg (48) has been CEO of Dresser-Rand AS, CEO of FMC Kongsberg Metering AS and has also held several leadership positions in FMC. He is a mechanical
Basslink Repair Relies on Calm Sea and Good Weather
Basslink operator has informed that repair work on the cable continues to progress well, and that the interconnector remains on track to return to service in June as previously advised. Basslink’s cable repair vessel recently underwent planned modification works in Geelong which is necessary for it
Wood Group to Get New Non-Exec Director
Wood Group has appointed Richard Howson as a non-executive director, effective May 12, 2016, and also as a member of the Board’s Nomination and Safety, Assurance & Business Ethics Committees. Howson has been chief executive of Carillion since January 1, 2012. He served as the CEO from September 2010