Subsea
Montero to Acquire Stake in Greenflash Phosphate Project
Montero Mining and Exploration has entered a binding letter agreement with Greenflash 251 to acquire up to a 75% interest in the Greenflash Offshore Phosphate Project in South Africa (the “Greenflash Project”). Montero has 6 months from signing to complete financial, legal and technical due diligenc
SeaRobotics Builds Water Tank Cleaning ROV
SeaRobotics has delivered a TankBUG Remotely Operated Vehicle (ROV) system. Designed and constructed in its new manufacturing facility, the SeaRobotics TankBUG will now serve a water tank cleaning corporation to remove sediments and debris from water storage facilities and reservoirs. The TankBUG RO
OFG Bags GSR Survey Deal
Ocean Floor Geophysics (OFG) has been awarded a contract by Global Seas Mineral Resources NV (GSR) for seafloor sampling, AUV, and geophysical services. Since September 2014, GSR NV has been integrated into DEME Concessions NV. GSR and OceanflORE (a joint venture between Royal IHC and DEME) are work
Global Marine Delivers Nigeria-Cameroon Subsea Link
Global Marine Systems, a UK-headquartered specialist in underwater cabling and engineering projects, has just completed a fibre optic installation project in the Gulf of Guinea. This telecommunications project for Huawei Marine Networks (HMN), a Global Marine joint venture partner, will be the first
Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (September 07 – September 13). Subsea World News has taken an opportunity to speak to Gary McConnell, Global Business Development Manager from Aleron Subsea to give you a closer look into its business
Inpex Puts Off Ichthys Launch, Expects Cost Increase
Japan’s Inpex will hold up the expected production start-up but also raise the anticipated production capacity of the Ichthys LNG Project, the company informed earlier today. Namely, the production, which was initially expected to start toward the end of December 2016, is now expected to start in th
Cameron Opens New Facility in Aberdeen
Oil & Gas UK Chief Executive Deirdre Michie formally opened new Aberdeen base for Cameron Flow Control Technology (UK) Ltd. Accompanied by Cameron’s Regional Vice President, Global Vice-President for Services, Regional Manager and Business Development Director, Deirdre toured the new facility, which
GE, Pemex Ink Cooperation Deal
GE and Mexico’s Pemex have signed a memorandum of understanding (MOU), as part of the GE’s quarterly meeting of its corporate executive council in Crotonville, New York, with the presence of Pemex CEO, Emilio Lozoya Austin and GE’s chairman and CEO, Jeff Immelt. As an answer to the new situation in
Ocean Installer Bags Moho Nord Contract Off Congo
Ocean Installer has been awarded a contract for deep water UFR installation work with Total E&P Congo at the Moho Nord field off the coast of the Republic of Congo. The contract is Ocean Installer’s first major operation in West Africa following the creation of the Africa, Mediterranean and Middle E
Kværner to Build Sverdrup’s Drilling Platform Jacket
Norway’s Statoil has, on behalf of the Johan Sverdrup partnership, awarded a contract to Kværner Verdal for delivery of the steel jacket for the Johan Sverdrup drilling platform. The contract is an execution of the letter of intent signed by Statoil and Kværner for delivery of two jackets for Johan
Hexatronic Nets Subsea Cable Order from A-2-Sea
Hexatronic Cables & Interconnect Systems has secured a contract with A-2-Sea Solutions Limited for the supply of rock armored submarine ribbon cable. In the contract worth 10 million Swedish Crowns ($1.19 million), Hexatronic will supply approximately 20 km of rock armored submarine ribbon cable, fo
Atlantis, DP Energy in FORCE Facility Joint Venture
Atlantis has formed a joint venture partnership with the DP Energy group to develop a multi-turbine array at the FORCE facility in Nova Scotia, Canada. Atlantis and DP Energy have entered into a sale and purchase agreement for the sale of a 50% interest in Atlantis’s wholly owned subsidiary, Atlanti
Scientists Create Digital Map of Seafloor’s Geology
Scientists from the University of Sydney’s School of Geosciences have led the creation of the “world’s first” digital map of the seafloor’s geology. It is the first time the composition of the seafloor, covering 70 percent of the Earth’s surface, has been mapped in 40 years; the most recent map was
CAGE Deploys Kongsberg’s K-Lander Observatories Off Svalbard
Two K-Lander observatories from Kongsberg Maritime were deployed offshore Svalbard this summer, to try and unveil the secrets of natural release of the climate gas. The observatories were deployed by the Centre for Arctic Gas Hydrate Environment and Climate (CAGE) at the University of Tromsø (UiT),