Subsea
Statoil Splashes NOK 1.6 Bln on New Contracts
Norway’s Statoil has handed out contracts for Oseberg Vestflanken 2, Johan Sverdrup and Gina Krog, the company said on Wednesday. The contracts, awarded on behalf of the licence partners, include marine operations, marine construction, engineering, procurement and construction (EPC) of an unmanned w
TenneT Spins Turntables at Eemshaven
Electricity transmission system operator, TenneT, has officially opened a special cable storage facility in Eemshaven, the Netherlands. The facility provides 2.309 square meters of floor space, enabling the storage of up to 4,600 tonnes of high-voltage electricity cables. The cables concerned measur
GE Launches New Subsea Joint Industry Project
As a part of five new initiatives to accelerate cutting-edge technology development, GE Oil & Gas has launched a Joint Industry Project (JIP) to develop a new and simplified subsea boosting system. According to the company, the system has the potential to reduce lifecycle costs by up to 30% and impr
NordBalt Enters Testing Phase
The NordBalt cable, connecting Lithuania and Sweden has started with power transmission tests, the Lithuanian electricity transmission system operator, Litgrid, informed Monday. According to Litgrid, during the test, electricity was flowing from Sweden to Lithuania and the other way round, with inte
Bourbon Stacks 13 More in Q4
French vessel owner and offshore services provider, Bourbon, has posted a small increase in full-year adjusted revenues despite the harsher market and a revenue drop in the last two quarters. The company generated a total of €1,437 million in full-year adjusted revenues, while the forth-quarter adju
CGG in Seismic Survey Extension Offshore Colombia
CGG has been awarded an extension of 3D seismic survey on the Caribbean coast offshore Colombia. The new survey follows on from the original over 16,000 km2 survey CGG conducted over portions of the Col-1 and Col-2 blocks, which, according to the company, was the largest survey ever recorded offshor
Aker Solutions in Another MMO Win
Aker Solutions’ maintenance, modifications and operations (MMO) business won a framework agreement to provide engineering and construction services for several offshore oil and gas fields in the UK North Sea. The contract has a fixed period of five years as well as an option to be extended by five y
BP Calls Off Vessel Contract with Oceaneering
Oceaneering announced that BP has decided to terminate its use of the chartered construction support vessel ‘Bourbon Oceanteam 101’ at the end of May 2016. BP has exercised its right under the Field Support Vessel Services contract signed between the parties, for work offshore Angola. Prior to this
ENG Resources to Help Recruiting in Subsea Industry
A subsea engineer, Mark Cooper, has set up a matchmaking service which should reduce the costs of recruiting engineers for subsea projects. Namely, ENG Resources has been established to help subsea companies find the most suitable engineers for projects in oil and gas and marine renewables at the mo
Subsea 7 Scores Long-Term Gig Off UK
Subsea 7 has been awarded a three-year frame agreement, with four one-year options, for six North Sea clients: Chevron North Sea Limited, Dana Petroleum (E&P) Limited, Hess Denmark APS, Nexen Petroleum U.K. Limited, Talisman Sinopec Energy UK Limited and TAQA Bratani Limited. Under this frame agreem
Hydratight, CSS Introduce Subsea RCIT
Hydratight and Connector Subsea Solutions (CSS) have partnered to design the Subsea Riser Cleaning and Inspection Tool (RCIT) and the first field units have operated offshore Brazil in the last 12 months. According to James Rowley, Global Subsea Market Development Manager, Hydratight, the tool will
Saipem Hits South Stream with €759M Claim
Italian oilfield services player, Saipem, has filed a €759 million claim against Gazprom after Russia decided to scrap the South Stream project resulting in the termination of a major contract related to the pipe laying activities under the Black Sea. Namely, in the company’s prospectus of January 2
Microsoft’s Project Natick Tests Datacenter Underwater
A team of Microsoft employees has been testing underwater datacenter in the Pacific Ocean in 2015. The datacenter, which consumed computing power equivalent to 300 desktop PCs, was deployed inside a container. The experiment, named Project Natick, could use renewable energy sorces to get the power n
Rem Offshore Boss to Step Down
Norwegian vessel owner Rem Offshore has appointed Arild Myrvoll as its new CEO, effective May 01, 2016. Myrvoll will succeed Åge Remøy, majority owner and founder of Rem Offshore ASA, following his decision to resign, the Fosnavåg-based company said Monday. Employed in the Rem Group since May 2007,