Subsea
FMC to Weather the Storm by Improving Subsea Project Economics
The largest provider of subsea equipment to the industry, FMC Technologies, could see its 2016 Subsea revenue slashed by up to $1 billion as analysts forecast a very challenging year for the oilfield service and equipment market. The Houston-based company estimates its 2016 Subsea revenue at about $
Mermaid Scoops Subsea Cable Contract
Mermaid Subsea Services in Qatar, part of Mermaid Maritime, has secured an additional subsea cable installation and related diving services contract from Saipem. The contract has an estimated value of USD 10 million and is scheduled for completion within three months. According to the email received
Norfolk Marine Completes Scroby Sands Bathymetric Survey
Norfolk Marine’s WFS & Survey vessel the Norfolk Swift has completed a five turbine bathymetric survey at E.ON’s Scroby Sands offshore wind farm. The Scroby Sands OWF consists of 30 2MW wind turbines located 2.5 km offshore Great Yarmouth on the coast of East Anglia. The survey was the final section
Fugro Seacore to Recover Rampion Lattice Met Mast
E.ON has filed an application to the Marine Management Organisation (MMO) to remove lattice met mast that collapsed at the Rampion offshore wind farm site. The lattice met mast collapsed in 2014 and sunk to the seabed alongside the met mast platform. Fugro Seacore, the company that installed the met
Schlumberger–Cameron Deal Gets Chinese Consent
The Chinese Ministry of Commerce (MOFCOM) has cleared a proposed merger between the world’s largest oilfield services company, Schlumberger, and Houston-based flow equipment specialist, Cameron, without any conditions, the companies informed on Friday. As a result of the MOFCOM approval, the parties
China’s RV Zhang Jian Ready for Its First Mission
China has launched a new research vessel ‘Zhang Jian’, designed as a mother vessel for ‘Rainbow Fish’ submersible. According to Shanghai Ocean University, the vessel is 97 meters long, and 17.8 meters wide. The vessel has been financed in total by private sector. Zhang Jian is scheduled to depart on
Chinese Underwater Robot Completes First Task
China’s unmanned submersible Qianlong No.2 has completed sea trials and delivered its first exploration mission in the southwest Indian Ocean. The 3.5 meters long and 1.3 meters high autonomous underwater vehicle (AUV) was designed and developed by the Chinese Academy of Sciences Shenyang Institute
Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (March 21 – March 27). OneSubsea is to invest £1.8 million in a new project for the development of its Standardised Modular Injection System (SMIS). The project, which will create five new jobs and saf
Impairments Sink SapuraKencana
Malaysian oil and gas services provider, SapuraKencana Petroleum, has plunged into loss in the fourth quarter ended January 31 on high impairments related to oil market downturn which also pulled the company down in red for the full year, despite a slight full-year revenue growth. Net loss for the q
OMM and Rederij Groen Team Up on New Renewables SOV
Offshore Marine Management (OMM) has formed a partnership with vessel owner, Rederij Groen (RG), to bring the offshore renewables industry a purpose built service operations vessel (SOV) for the operations & maintenance (O&M) market. The companies engaged Saltwater Engineering in Holland for the des
Subsea Innovation Delivers Connectors to Qatar’s RasGas
Subsea Innovation has completed the design and manufacture of two 16” mechanical pipeline connectors for use by oil & gas operator RasGas. These are the first systems that Subsea Innovation have produced for RasGas, the company said. RasGas required the connectors to meet specific weld specification
Subsea Components Moves to New Facility in Reading
Subsea Components, part of Aker Solutions, has been welcomed by PATRIZIA UK, manager of Winnersh Triangle, to its new facility at the business park near Reading. The new premises, at 310 Wharfedale Road, provide Subsea Components with more than 50,000 sq ft of combined office and warehouse space. “S
PHOTO: Fraunhofer-IOSB Tests New AUV at PLOCAN
Fraunhofer Institute of Optronics, System Technologies and Image Exploitation (IOSB) in Germany has tested the DeDaVe, a new autonomous underwater vehicle (AUV), at the PLOCAN (Oceanic Platform of the Canary Islands) test site. A team of technicians from Germany carried out the work at PLOCAN’s land
Impact Subsea Enters Distribution Agreement with Seascape
Impact Subsea has appointed Seascape Subsea Technology as distributor of its products for The Netherlands and Belgium. Seascape will provide local support for Impact Subsea’s range of underwater products including the ISA500 and ISD4000 sensors. The ISA500 is the underwater altimeter with integrated