Subsea
Aqueos, Bibby Subsea Team Up
Aqueos Corporation and Bibby Subsea have entered into a strategic alliance to jointly market their combined services to pursue subsea related projects in the Gulf of Mexico and other targeted regions. The goal of this strategic alliance is to increase their respective market share and expand their g
TDW Supports ESDV Replacements Off West Africa
T.D. Williamson, a solutions provider for pressurized piping systems, has delivered a double block and bleed isolation during ESDV replacements in the South Atlantic Sea offshore West Africa for an independent European oil and gas company. Performing maintenance or repair on a live crude export pipe
IMCA Seeks Input on Guidance Revision through Open Forum
International Marine Contractors Association (IMCA) has added an open forum to the website where all with an interest in documents currently being written or revised can play an active role. “The first two documents subject to our new ‘open forum’ consultation stage approach are IMCA M 103 – ‘Guidel
Livestock Carrier Sinks Off Gulf of Aden
A livestock carrier sank off the coast of Gulf of Aden with thousands of animals onboard. The carrier,reportedly, had 31 people onboard, out of which 29 were rescued, and 2 people are still missing. The ship was carrying livestock from Somalia to United Arab Emirates. According to media reports, mor
Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (July 06 – July 12). French engineering giant, Technip, has informed that the company will accelerate its cost reduction and efficiency efforts worldwide through a restructuring plan in response to the
Olympic Canyon Finds Debris of Missing Dornier Aircraft
The Reliance vessel, Olympic Canyon, after a 33 day search by the Indian Coast Guard and other agencies, has located the debris of the Dornier aircraft CG791. The Dornier aircraft went missing on June 8, 2015 after a routine maritime surveillance sortie along the Tamil Nadu coast. According to India
Shawcor Integrates Sales Force
Canadian pipeline services specialist, Shawcor, will see its eight divisions co-locate in downtown Calgary, AB. According to the company, Canusa-CPS, DSG-Canusa, Flexpipe Systems, Guardian, Shawcor CSI, Shaw Pipe Protection, Shaw Pipeline Services and ShawFlex form a sales super centre in the Dome T
Scientists Call for Balancing Mining and Ecosystem Protection
In a paper published this week in Science, researchers from the Center for Ocean Solutions and co-authors from leading institutions around the world propose a strategy for balancing commercial extraction of deep-sea resources with protection of diverse seabed habitats. The paper is intended to infor
Technip Downgraded on Restructuring News
This week, subsea major, Technip, introduced its restructuring plan in order to tackle the challenging industry environment, speculating an even tougher and prolonged downturn. Following the announcement that Technip will take one-off charges of €650 million due to restructuring, the company’s share
NDM’s Winch Package for Kreuz Subsea’s Newbuild
NDM has been selected to supply a large winch package for Kreuz Subsea’s newbuild vessel. The vessel will be of VARD 3 17 design, with a total length of 91.2 meters and a beam of 21.5 meters, and has been developed especially for diving support and subsea construction duties. Designed by Vard Design
Cidade de Maricá FPSO Arrives at Brasa Yard
The SBM Offshore FPSO Cidade de Maricá arrived at the Niteroi-Rio based Brasa yard, on July 09. She had arrived in Brazilian waters mid-June, following her 10,625 Nm (19,678 Km) voyage from China. FPSO Cidade de Maricá is one of two carbon-copy FPSOs being constructed from the blueprint for FPSO Cid
Ezra in Profit Plunge
Singapore-listed, Ezra Holdings, just barely managed to stay afloat as the offshore O&G contractor books a 96 per cent decrease in profit after tax on lower revenue and higher costs. For the third quarter of 2015 (3Q2015) ending May 31, Ezra recorded $400,000 in profit after tax, down from $$10.2 mi
Horns Rev 2 Mono Bucket Decommissioned
The meteorological mast, supported by a Mono Bucket foundation, at the Horns Rev 2 wind farm, Denmark, was successfully decommissioned on July 07. The met. mast was no longer required at the Horns Rev 2 wind farm by the current owner Dong Energy, Universal Foundation wrote. The Mono Bucket was one o
PSA Inspects Statoil’s Åsgard Subsea Compression Project
The Petroleum Safety Authority Norway carried out an audit of the Åsgard subsea compression project on May 28. The objective of the audit was to obtain an update and status for the project and to verify that it is being planned and executed in compliance with the regulatory requirements. PSA informe