Subsea
CIS Wraps Up Second Subsea Piling Campaign for Technip
Conductor Installation Services (CIS), an Acteon company, recently completed its second subsea piling campaign for Technip in Norway. The piles were driven using CIS remotely operated Subsea Piling System to secure the subsea Boa Extension Manifold, which makes up an integral part of the Alvheim dev
Norshore Atlantic Carries Out P&A for ConocoPhillips Indonesia
Norwegian drilling contractor, Norshore, has informed that its multi purpose drilling vessel Norshore Atlantic is performing well on its subsea decommissioning campaign Offshore Indonesia. The vessel has been on contract for ConocoPhillips Indonesia for plug and abandonment of 3 wells since November
Unique Group Adds GSE Rentals
Unique Group has acquired GSE Rentals (Geophysical Survey Equipment), a rental specialist of geophysical, hydrographic and oceanographic marine survey equipment. GSE Rentals is now wholly owned by Unique Group and the company’s workforce will be retained. Former owner, Stan Moroney, will continue as
DW Spots Slowdown in Work-Class ROVs Utilisation
The global ROV market is anticipated to significantly contract in value terms in 2016 (-6.3%) and then plateau in 2017, due to the current oil price downturn, according to a provider of market research & consulting within energy industry, Douglas-Westwood (DW). In its latest ROV market forecast for
AOG Provides Flexible Jumpers for Wild Well Control
Wild Well Control awarded Airborne Oil & Gas (AOG) a contract for the supply of two flexible TCP Jumpers. The two jumpers, 2 inch and 10 ksi rated, are collapse resistant to 3000 meters water depth. They are delivered in lengths of 300 ft each and will provide the flexible fluid connection between a
GoMRI Funds Oil Impact Studies in Gulf of Mexico
The Gulf of Mexico Research Initiative (GoMRI) Research Board announced that it will award nearly $38 million to individuals and teams studying the effects of oil on the Gulf of Mexico ecosystem and public health. A total of 22 research proposals are being funded under this most recent GoMRI program
Swiber Bounces Back
Singapore-listed EPIC contractor, Swiber, has reported a net attributable profit of USD 3.2 million for the third quarter ended September 30, 2015, compared to a loss of USD 27.5 million same time last year. In the previous quarter this year (Q2 2015), Swiber booked loss of USD 4.6 million, against
MainOne Upgrades Its West Africa-Europe Submarine Cable
MainOne announced the completion of the upgrade of its submarine cable network between Nigeria, Ghana and Portugal to a 100G wavelength system. The 100G wavelength upgrade, implemented using the Xtera Nu-wave Optima optical networking platform is expected to provide additional capacity support for M
NPD Gives Nod for Edvard Grieg Start-Up
The Norwegian Petroleum Directorate (NPD) has granted consent to start production on the Lundin Norway-operated Edvard Grieg field in production licence 338 in the North Sea. Production start-up is scheduled in accordance with the Plan for Development and Operation (PDO). Development costs have incr
LSWE’s Saturation/Air Diving System for Tasik Toba SOV
Singapore based Leong Siew Weng Engineering (LSWE) is set to deliver its first 15-man Single Bell Saturation Diving System complete with Surface Air Dive System to Fujian Mawei Shipbuilding for Tasik Subsea’s newbuild Subsea Operation Vessel “Tasik Toba”. The Saturation Diving System can operate in
Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (November 09 – Nvember 15). Subsea 7 signed a long-term partnership frame agreement with Premier Oil to provide concept engineering, FEED, SURF project execution and Life of Field operations, on a pref
PHOTO: Normand Maximus Starts Transit to Norway
Following the launching ceremony, Normand Maximus, an offshore subsea construction vessel, started its journey from Romania to Norway. Solstad Offshore informed through its social media that the NB 830 started the journey to Norway for final outfitting at Vard Brattvaag. Normand Maximus, which was b
DOF Subsea Plunges to Loss
DOF Subsea reported loss for the third quarter 2015 of NOK 312 million compared with NOK 91 million in profit for the corresponding period in 2014. The company reported operating revenue of NOK 1 904 million in third quarter of 2015, compared to NOK 1 815 million in third quarter 2014. EBITDA was NO
IMES Nets Contracts from Fugro and Harkand
Aberdeen-based IMES secured new contracts with Fugro and Harkand worth £750,000. IMES has been awarded a three-year contract for the provision of lifting inspection services on behalf of Fugro, covering four vessels. Second contract, secured from Harkand, is for the provision of lifting inspection,