Subsea
Top News of the Week of Apr 29 – May 05, 2013
1. Technip Begins Cable Work on Borkum Offshore Wind Farm in Germany Technip Offshore Wind has started offshore operations on an array cable installation contract for phase 1 of the Borkum Wind Farm development, located 45 kilometers to the North of the German island of Borkum, in the North Sea. 2.
SEVEN WAVES Pipelaying Vessel Launched (The Netherlands)
IHC Merwede has today successfully launched Subsea 7’s 550t pipelaying vessel, SEVEN WAVES, at its shipyard in Krimpen aan den IJssel, The Netherlands. The naming ceremony was carried out by Mrs Lucia Andrade, the ship’s God Mother and Subsea 7 Brazil’s Vice President Projects & Operations. The SEVE
UK: New DP Visualisation Software from Veripos
Aberdeen-based Veripos, world leaders in provision of high-precision GNSS positioning solutions for the offshore oil and gas industries, has extended its range of services for Dynamic Positioning (DP) applications with introduction of a new advanced visualisation software package, Orion. Designed to
PSA Carries Out Audit of Operations Preparations for Goliat FPSO
During the period 11 – 13 March 2013, the Petroleum Safety Authority Norway (PSA) carried out an audit of Eni Norge AS’ (Eni’s) compliance with requirements for establishment and implementation of technical and operational barriers in the Goliat project. Objective The objective of the audit was to v
ACE Winches Announces Profits Increase (UK)
ACE Winches, the deck machinery specialists, announced post tax profits of £6.2m for 2012, a 15 percent increase on the previous year. Turnover at the Aberdeenshire-based group soared to £31.1m in the year ended 31 October 2012, a 42 percent increase on the previous twelve months, with around three-
Norway: VARD to Build Advanced Offshore Support Vessel for Island Offshore
Vard Holdings Limited (“VARD”), one of the major global designers and shipbuilders of offshore and specialized vessels, announces that it has entered into a new contract with Island Offshore for the construction of one advanced offshore support vessel of Rolls-Royce design. The value of the contract
CGG Revenues Up 11 Pct (France)
CGG announced today its non-audited first quarter 2013 consolidated results. All comparisons are made on a year-on-year basis with CGG 2012 results and before the acquisition of Fugro Geosciences. The company reports an excellent start to the year with an EBIT at $162 million including a $35 million
Fastnet Awarded New Licensing Option in North Celtic Sea
Fastnet Oil & Gas Plc (“Fastnet” or the “Company”) the E&P company focused on near term exploration acreage in Africa and the Celtic Sea announces that it has been notified by the Irish Department of Communications, Energy and Natural Resources (the “Department”) that it has been awarded licensing o
MacGregor Develops Crane with Three-Axis Motion Compensation for Precise Load Handling
MacGregor, part of Cargotec, has developed an offshore crane featuring three-axis motion compensation to carry out installations, repairs, maintenance and general service duties in the renewable energy and oil and gas markets. A 74m infield support vessel (ISV) will debut a new MacGregor offshore cr
The Netherlands: BMT Restructures Marine Survey Businesses
To better position itself in the market and meet customers’ needs of regional expertise accessible through local offices, BMT Group Ltd (BMT) has announced that marine surveying companies BMT De Beer and BMT Techmar became BMT Surveys on the 1st May 2013. This will help provide clarity and a more un
Jumbo’s Fairplayer to Start Subsea Installation Project for EnQuest Producer FPSO in UK
One of Jumbo’s heavy lift & installation vessels, the Fairplayer, is in Rotterdam preparing for a subsea installation project. Jumbo’s Fairplayer will be executing the installation of the mooring spread for the EnQuest Producer FPSO. This FPSO will be operating at the Alma and Galia fields, located
EMGS Secures Multi-Client Contract Offshore Norway
Electromagnetic Geoservices ASA (EMGS) has signed a data licensing agreement worth USD 6.4 million for the provision of 3D controlled-source electromagnetic (CSEM) and magnetotelluric (MT) data from EMGS’s multi-client data library in the Norwegian Sea. These revenues will be recognised in the secon
UK: Scottish Jobs Boost as Cygnus Jacket Fabrication Begins
The ceremonial first cut of steel for the construction of the jackets on the Cygnus gas field project was celebrated by operator GDF SUEZ E&P UK and partners Centrica Energy and Bayerngas at Burntisland Fabrication’s (BiFab) Methil yard in Fife, Scotland. This latest project milestone involves BiFab
Sevan Marine Compeletes Restructuring with Delivery of FPSO Voyageur Spirit to Teekay
Reference is made to previous announcements in respect of the restructuring (the “Restructuring”) of Sevan Marine ASA (“Sevan” or the “Company”) and its subsidiaries. The Restructuring, which commenced in 2011 and has been implemented under a step plan through 2011 and 2012, has now been effected ac