Subsea
Polarcus Nets West Africa Seismic Contract
Polarcus Limited has received a Letter of Intent (LOI) from an undisclosed client for a 3D marine seismic project offshore West Africa. Polarcus will be utilizing its RightBAND technique for broadband data acquisition. The project, subject to the execution of a service contract, will start in Q3 201
DRA Secures Nautilus Vessel Dewatering Plant Design Contract
Nautilus Minerals announces that contract for the detailed design of the Solwara 1 dewatering plant to be used on the Company’s Production Support Vessel has been awarded to the Brisbane office of the DRA Group. Mike Johnston, Nautilus’ CEO, commented, “The Project team has been working closely with
Sea Trucks Deploys Jascon 31 in Gulf of Mexico
Sea Trucks Group announces the recent award of a charter for the Jascon 31 vessel in the Gulf of Mexico. The DP3 Accommodation Construction vessel will start sailing soon from West Africa to the Gulf of Mexico. Sea Trucks will provide accommodation support services, lifting operations and installati
Subsea 7 Profit Declines
Subsea 7 announced revenue for the second quarter 2015 of $1.4 billion, a decrease of $553 million or 29% compared with Q2 2014. Adjusted EBITDA for the quarter was $275 million, a decrease of $178 million compared to Q2 2014. Adjusted EBITDA margin was 20%, compared with 24% in Q2 2014. The reducti
Statoil Starts Production from Gullfaks South
Production from the Gullfaks South (GSO) fast-track project for improved oil recovery in the North Sea started on 27 July. GSO will increase the output from the Gullfaks area by around 65 million barrels of oil equivalent. “GSO demonstrates how we can increase recovery and profitability by use of st
Alcatel-Lucent, Quintillion to Build Subsea Cable in Alaska
Alcatel-Lucent Submarine Networks (ASN) and Quintillion Subsea Holdings LLC have entered into a turnkey contract for the design and construction of a submarine cable system from Prudhoe Bay to Nome. ASN has started marine route survey and installation activities for the implementation of the system.
Subsea 7 Extends Vessel Agreements with DOF Subsea
DOF Subsea, a subsidiary of DOF ASA, has reached an agreement with Subsea 7 for the chartering of the vessels Skandi Acergy, Skandi Seven and Skandi Skansen. Subsea 7 has committed to a 3-year firm period for the vessel Skandi Acergy, starting in direct continuation of the current firm period. The v
Stonehenge Protean WEC Enters Wet Testing Phase
Stonehenge Metals Limited announces that the fully assembled workshop testing of the core energy conversion system components of the Protean™ Wave Energy Converter (WEC) has now been concluded. The Protean™ WEC technology program has now advanced to the ocean based or “wet” testing phase. Stonehenge
Flexlife Gets UK Patent for Ultrasonic Scanning
Flexlife have been granted a UK Patent for ‘Assessing the condition of a tubular using Ultrasonic means’, this Patent relates to the use of short pulse Ultrasonic beams to determine Annulus Flooding and any corrosion of the Tensile Armour Wire of Flexible Risers and Flow-lines. By obtaining accurate
Subsea 7’s Seven Rio Begins Sea Trials
Subsea 7’s Seven Rio left the Huisman Schiedam quayside for her sea trials, after the installation of a 550mt Pipelay Tower. The company informed through their social media that the vessel will return to Huisman Schiedam in early August for the finalization of the Huisman scope of work. In November
MCG Starts Maximus Seismic Off Mexico
MultiClient Geophysical’s (MCG) vessel has arrived in Mexico and started the acquisition on 2D Multi-Client campaign offshore Mexico. The program named “Maximus” comprises 31,600 km of seismic lines covering 1, 2, 3 and 4th round blocks in the Campeche Deep Basin, in addition to a regional grid over
Mariner Injured On Board NOC’s RRS Discovery
A mariner on board Royal Research Ship (RRS) Discovery was injured in the early hours of July 28, whilst moving a large item of scientific equipment from the deck to the hanger. After various media sources reported that the mariner was injured on board Fugro’s R/V Discovery, Subsea World News contac
ABB Hands Over DolWin1 Connection to TenneT
ABB has commissioned and handed over the DolWin1 offshore wind grid connection to the Dutch-German transmission system operator TenneT. The 800 megawatts (MW) High Voltage Direct Current (HVDC) link connects offshore wind farms around 75 kilometers off the German coast in the DolWin cluster, with th
Statoil Reports Profit Fall
Statoil delivered adjusted earnings of NOK 22.4 billion and adjusted earnings after tax of NOK 7.2 billion in the second quarter. Statoil reported net income in accordance with IFRS of NOK 10.1 billion, including gains from divestments. “In the second quarter, Statoil delivered encouraging operation