Subsea
ASV Provides Passive Acoustic Monitoring in GoM
ASV has collaborated with the Littoral Acoustic Demonstration Center Gulf Ecological Monitoring and Modeling (LADC-GEMM) consortium to conduct 10 days of Passive Acoustic Monitoring data collection for its BP/Gulf of Mexico Research Initiative (GoMRI) funded project. ASV worked closely with Seiche M
VBMS Bags Normandie 1 Interconnector Setup Gig
VBMS has been awarded a contract by Jersey Electricity for the installation of an interconnector between Jersey, the largest Channel Island, and France. The 28-kilometre 90kV HVAC cable, part of Channel Island Electricity Grid (CIEG), will connect both grids in order to improve the electricity suppl
China Consortium Chosen for Sewol Ferry Salvage
China’s Shanghai Salvage-led consortium has been announced as preferred bidder for the salvage of Sewol ferry that sank off the island of Jeju more than a year ago. South Korea’s Ministry of Oceans and Fisheries (MOF) has chosen the consortium over six other bidders based on their experience on simi
Harkand Gets Oaktree Boost
Harkand’s key shareholder Oaktree Capital Management has invested an additional $25 million which should allow the company to expand its footprint in new and existing regions. The IMR specialist has recently been awarded three major frame agreements taking them into West Africa and Mexico for the fi
Cooper: Subsea Development for Manta Gas Field
Cooper Energy, Operator of BMG Joint Venture, informed that the Cooper Energy BMG Business Case analysis has concluded that the development of the Manta gas field is technically feasible. A subsea gas development of the Manta gas field is the preferred option for a capital efficient, low operating c
Akastor to Scale Down to 6000 Employees
Oilfield services investment company, Akastor, has remained in red as the challenging market situation continues in the second quarter. The Oslo-listed company posted a loss of NOK 298 million ($36.4 million) for the second quarter 2015 and loss for the first half year of NOK 549 million ($67 millio
EMGS Gets Survey Permits in Mexico
EMGS has received permits from Mexico’s Comisión Nacional de Hidrocarburos (CNH) authorizing the acquisition of up to approximately 88,000 square km 3D EM multi-client data in the Salina del Istmo Basin. EMGS will prioritize acquiring EM data for the future bid rounds in Mexico as outlined in the ”P
Akastor Appoints New CEO
Akastor ASA’s Board of Directors has appointed Kristian Røkke as its Chief Executive Officer. Røkke will succeed Frank O. Reite, who will take the position of Chief Financial Officer at Aker ASA. Kristian Røkke, who is currently Chairman of Aker Philadelphia Shipyard ASA (AKPS), and previously Presi
Subsea 7, KBR in Concept and FEED Pact
Subsea 7 has signed an agreement to form an alliance with Houston-based KBR, and its wholly owned subsidiary, Granherne, to collaborate in the delivery of Concept and Front End Engineering and Design (FEED) services to the global offshore oil and gas industry. Within the cooperation agreement betwee
SBM Offshore Sells Stake in Turritella FPSO
SBM Offshore has entered into an agreement with Mitsubishi Corporation (MC) and Nippon Yusen Kabushiki Kaisha (NYK Line) for the acquisition of a stake in the joint venture companies incorporated for the purpose of owning and operating FPSO Turritella. Mitsubishi Corporation (30% interest) and NYK L
Scientists Embark on Gulf of Alaska Survey
Researchers from NOAA’s Pacific Marine Environmental Laboratory (PMEL) and University of Alaska Fairbanks (UAF) have departed on the NOAA ship Ronald H. Brown to survey ocean chemistry and its connections to the base of the food web in the Gulf of Alaska. “This cruise offers the unique opportunity f
Aker Solutions: Clients Applying Pressure on Bidding
Aker Solutions’ subsea business is currently in play for over NOK 30 billion in potential awards, while the whole group is engaged with tenders worth over NOK 50 billion and looking at twice this value in terms of opportunities, the company said in today’s Q2 presentation. However, Luis Araujo, Chie
WATCH: Boeing Introduces Echo Seeker UUV
The video shows Boeing’s newest autonomous unmanned underwater vehicle, Echo Seeker. Echo Seeker is capable of performing dives at 20 000 ft of water. The vehicle, a follow up to Boeing’s Echo Ranger, can perform underwater missions up to 3 days. Boeing tested the system in 15 ft of water at its spe
Seismic Survey over Prinos Field Complete
Energean Oil & Gas has completed a new 3D seismic survey over the Prinos Oil Field and its surrounding licenses, in the Gulf of Kavala, North Eastern Greece. In the context of the 3D seismic survey which lasted 23 days, data from an area of 340 km2 was acquired on 82 sail lines (8 streamers, 5100m l