Subsea
MMT Scoops Kriegers Flak Cable Route Survey Gig
Swedish marine survey specialist, MMT, has been awarded a contract for a survey job related to Kriegers Flak’s subsea cable route. As part of the Kriegers Flak (KF) Combined Grid Solution (CGS) the Danish TSO Energinet.dk and the German TSO 50Hertz Transmission GmbH is preparing the installation of
Chevron Brings Lianzi Field Online
Chevron’s subsidiary, Chevron Overseas (Congo) Limited, has started oil and gas production from the Lianzi Field, located in a unitized offshore zone between the Republic of Congo and the Republic of Angola. Located 65 miles (105 km) offshore in approximately 3,000 feet (900 meters) of water, Lianzi
Gassco to Run Utsira High Gas Pipeline
Gassco has taken over the operatorship of the new Utsira High gas pipe (UHGP), which will transport rich gas to Britain’s Scottish Area Gas Evacuation (Sage) system and St Fergus in Scotland. Running for 94 kilometres, this pipeline starts at the Edvard Grieg field about 57 kilometres north of Sleip
Akastor Posts NOK 1.37 Bln Loss
Oilfield services investment company, Akastor, has booked a third-quarter 2015 loss as impairments hit the Group’s earnings and revenues slid on weak market. The Oslo-listed company recorded loss of NOK 1.37 billion ($162 million) for the third quarter 2015 and loss for the first nine months of NOK
Royal IHC Buys Fraser Hydraulic Power
Royal IHC has expanded its offshore rental fleet with the acquisition of Fraser Hydraulic Power (FHP) in the UK. Fraser Hydraulic Power (FHP) designs and builds systems for laying subsea cables and umbilicals with tracked engines and tensioners, cable carousels, and drum handling systems in its prod
Forum Subsea Rentals Gets New Global Business Director
Forum Subsea Rentals (FSR) has strengthened its senior management team with the promotion of Nicki Nicholls to the role of global business director. Nicholls joined Forum in 2008 as part of the Technical Sales team before taking on the roles of sales manager, operations manager and then commercial m
GeoSea Lands Galloper EPCI Foundation Deal
Belgian GeoSea, member of DEME Group, has been awarded a Galloper offshore wind farm EPCI foundation contract with RWE Innogy UK. Galloper offshore wind farm project is located 27 km off the Suffolk coast. Under the contract, GeoSea will deliver design, fabrication and installation of 56 steel monop
Nord Stream 2 to Secure Russian Gas Supplies to Europe
The Gazprom headquarters hosted a working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Sigmar Gabriel, German Vice-Chancellor and Federal Minister of Economics and Energy. The parties addressed the issues of Russian natural gas exports to Germany and other European
Scientists Study Impacts of Tohoku Earthquake on Deep-Sea Floor
Dr. Kazumasa Oguri, Senior Research Scientist for Analyses of Changes in East Japan Marine Ecosystems and his colleagues at JAMSTEC carried out long-term monitoring of the seafloor environment off Otsuchi Bay to investigate environmental changes of the deep-sea floor after the 2011 off the Pacific c
Kraken Bags KATFISH Sonar Order
Kraken Sonar has received a $1.5 million contract from an international defence contractor for a KATFISH sonar system. Along with spare parts and support, the initial order could exceed $2 million. The company did not disclose the client’s name. The agreement includes multiple stages, starting with
Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (October 26 – November 01). Eni will sell a stake in Saipem representing approximately 12.5% plus one share of the company share capital to Fondo Strategico Italiano (FSI). The sale and purchase agreem
WesternGeco Completes UK Govt-Funded Seismic Shoot
The Oil & Gas Authority (OGA) announced the completion of the UK Government-funded seismic data acquisition. The £20 million programme in underexplored areas of the United Kingdom Continental Shelf (UKCS) will improve the seismic coverage in the Rockall Trough and Mid-North Sea High regions, OGA sai
Fugro to Cut 500 More Jobs
Fugro said it will lay off around 500 employees in the coming quarters as it feels the pressure of deteriorating market and anticipates even more challenging times ahead. The company said it’s still early to determine which divisions and regions will be affected by this new headcount reduction. In a
INTERVIEW: New Class of Ocean Observing System
Investments in unmanned maritime systems are becoming more popular every day, especially in the areas of ocean scientific research, the oil and gas industry, and naval industry. Developers and manufactures of robotic systems used for monitoring and surveillance of oceans, such as unmanned underwater