Subsea
ION Launches MexicoSPAN
ION Geophysical Corporation announced the launch of the first phase of MexicoSPAN™, encompassing more than 22,000 km of deep-imaged two-dimensional (2D) seismic data. MexicoSPAN addresses the need for greater understanding of geologic conditions and basin evolution in support of both current and fut
Finland to Revamp RV Aranda
Finnish Environment Institute (SYKE) has informed that the marine research vessel Aranda will be renovated to meet the needs of future marine research in the Baltic Sea. According to SYKE, the renovation reduces the vessel’s operating costs, increases its energy efficiency and reduces its emissions.
Teledyne Ups Ocean Aero Stake
Teledyne has invested additional capital and increased its ownership interest in Ocean Aero to approximately 37 percent. Based in San Diego, California, Ocean Aero is designing unmanned surface vehicles that will also have the ability to descend subsea. Terms of the transaction were not disclosed. U
Submarine Electricity Transmission Close to $25 Bln in 2024
According to a new report from Navigant Research, the global submarine electricity transmission market is expected to grow from $16.8 billion in 2015 to $24.8 billion in 2024. Today, submarine electricity transmission systems are being used more frequently for long and short hauls in undersea, lake,
BP to Pay $18.7 Bln in Deepwater Horizon Settlement
Five years on from the Deepwater Horizon accident and spill in 2010, BP has reached agreements in principle to settle all federal and state claims arising from the event. BP announced that its US Upstream subsidiary, BP Exploration and Production Inc (BPXP) has executed the agreements with the US fe
SPSL Develops Pipeline and Cable Crossing for Tampnet
Scour Prevention Systems (SPSL) has successfully delivered its first commercial project in the offshore oil and gas industry, providing an innovative scour solution to pipeline and cable crossings in the North Sea. Lowestoft-based SPSL has developed an innovative and patented solution, using a matri
Viking SeaTech Secures Total UK Contract
Aberdeen-based provider of mooring and marine solutions, Viking SeaTech, has won a new call-off contract with operator Total E&P UK. Under the framework agreement, Viking SeaTech will carry out marker buoy and mooring services for Total E&P UK Ltd in the North Sea for the next three years. The work
WATCH: Saipem Presents Normand Maximus OSCV
The following video presents Saipem’s future addition to its fleet, the offshore subsea construction vessel Normand Maximus. With Normand Maximus, the Italian contractor aims to combine SURF installation with field development activities in ultra-deep water. Saipem signed a Letter of Intent (LOI) wi
Normand Installer Gets SBM Extension
SBM Offshore Services Inc. (SBM) has declared their option to extend the existing contract for the OCV “Normand Installer” with a minimum of 200 days charter for 2016. The Normand Installer is a deepwater construction vessel and has been on a similar contract with SBM since the vessel was delivered
Ferry Sinks Off Philippines, at Least 36 Dead
The MBCA Kim-Nirvana ferry has sunk offshore Philippines with 189 people onboard. As Reuters reports, at least 36 died in the accident, and 127 have survived. However, there are 26 people still reported as missing. The ferry sank after leaving the port of Ormoc with 173 passengers and 16 crew onboar
Van Oord Places First Gemini Monopile
The first monopile at the Gemini wind park has been successfully installed. The wind park, owned by Northland Power (60%), Siemens (20%), Van Oord (10%) and HVC (10%) will consist of 150 monopiles. Gemini will be built in the North Sea, and the building process is taking place over a three year peri
Endeavor Management Drafts Subsea Decom JIP
Endeavor Management has released a proposal for a Joint Industry Project (JIP) to support the industry’s need for global best practice development in subsea decommissioning. The genesis of this JIP is the work completed for Petrobras by Endeavor Management to research global best practices for subse
Sites Chosen for Elk-Antelope Gas Field Development (PNG)
InterOil Corporation and the PRL 15 joint venture participants have unanimously endorsed recommendations from Total SA for key project infrastructure sites for development of the Elk-Antelope gas field in Papua New Guinea. The central processing facility for the Elk-Antelope gas field, on which the
Industry Forum on Subsea Integrity Extended
An industry forum that addresses challenges in subsea integrity management is being extended for a further three years with backing from global oil and gas operators. Phase II of the The SURF IM Network is led by Wood Group Kenny with support from the Industry Technology Facilitator (ITF). Phase 1 w