Subsea
Fugro Inspects Blue Stream Pipeline System
Fugro has been awarded a contract by Blue Stream Pipeline Company to perform the 2015 external pipeline inspection of the Blue Stream Pipeline System. The contract is for the provision of survey support vessels and associated survey services to perform the inspection for the offshore, shore approach
Ocean Installer in GoM Subsea Deal with BP
Ocean Installer has been awarded a Regional Framework Agreement with BP for subsea work in the Gulf of Mexico region. The agreement covers subsea fabrication, transportation and installation of offshore facilities, as well as hook up and commissioning, and is valid for three years. Specific work sco
DeepOcean Nets Post-Lay Trenching Job in Australia
DeepOcean 1 UK Ltd., a subsidiary of DeepOcean, has been awarded a contract for the provision of post-lay trenching and survey works in Australia. Works will be performed from DeepOcean’s DPII MSV Volantis using the 2,800hp jet trencher UT-1. This contract for post-lay intervention works is schedule
Statoil Starts World’s First Subsea Wet Gas Compression
Statoil with partners Petoro and OMV have started the world’s first wet gas compression on the seabed of the North Sea Gullfaks field. The unique technology will increase recovery by 22 million barrels of oil equivalent (oe) and extend plateau production by around two years from the Gullfaks South
Falcon ROV Conducts Torr Head Tidal Energy Study
Saab Seaeye Falcon ROV spent three days gathering vital benthic data for an impact assessment of a proposed tidal array installation at Torr Head on Northern Ireland’s coast. Undertaking the assessment project was Marine Ecological Surveys Limited for their client, Tidal Ventures Ltd, who intend dev
ACE Winches’ Chain Mooring System for Heerema’s Aegir
ACE Winches has delivered a chain winch package to Heerema Marine Contractors for its Aegir vessel. Supporting the Ichthys LNG Project, offshore Northwest Australia, ACE Winches has engineered, designed, manufactured and commissioned a 200te twin Chainlifter Hydraulic package for Heerema. The chain
PSA Investigates Oil Spill at Statfjord
The Petroleum Safety Authority Norway has decided to conduct an investigation into an oil spill which occurred on the Statfjord field on Thursday October 08. A report was received at 08.30 on this day that oil had been observed on the sea close to the OLS B loading buoy on the field, PSA said. The [
IMT, SA Navy Conduct AUV MCM Experiment
The Mine Counter Measures (MCM) division of South African Navy conducted an experiment in reviving the MCM capabilities in the Mine Warfare Squadron from October 05-09, 2015. In the last few years, the Mine Warfare capability has experienced a steady decline in both skilled personnel and equipment,
Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (October 05 – October 11). Oil services company, Subsea 7, has decided to adjust its offshore workforce capacity in Norway after a continued decline in activity levels. About 70 employees will lose the
PSA Probes Gjøa Flexible Risers
The Petroleum Safety Authority Norway PSA has carried out an audit of the integrity management of flexible risers and associated safety-related equipment at Gjøa. GDF SUEZ is the operator on the Gjøa field, which is an oil and gas field in the North Sea, around 45 km north-west of the Sognefjord. Gj
Germany Plans Replacement of Two Research Vessels
Following the commissioning of the research vessel SONNE at the end of 2014, the renewal of the German research fleet continues to receive additional support. The Chairman of the DFG Senate Commission on Oceanography and Director of the MARUM Center for Marine Environmental Sciences, University of B
BoA Sheds PGS Stake
Bank of America Merrill Lynch has sold its stake in Petroleum Geo-Services worth in excess of $50 million, the Oslo-listed seismic player said today. The transaction happened yesterday, October 7, 2015 while PGS stock was trading between NOK37 and NOK38.8. According to PGS, at the day of transaction
Saipem Lands Work for USD 680 Mln
Saipem has been awarded two new E&C offshore contracts cumulatively valued at more than EUR 600 million (USD 680 million). The first EPCI contract, awarded by Saudi Aramco, involves the engineering, procurement, transportation and installation of offshore structures including observation platform, w
Spectrum to Report Lower Revenue
Norwegian multi-client seismic data specialist, Spectrum, said it expects to report net revenues of approximately USD 18 million for the quarter, compared to USD 53 million same time last year. Based on preliminary figures for Q3 2015, Spectrum expects a positive net cash-flow of USD 13 million in Q