Subsea
IMCA Marks 20th Anniversary
Over 120 members and guests attended the reception celebrating the 20th anniversary of the International Marine Contractors Association (IMCA) last week (19 May). The reception followed IMCA’s ‘Allocation of risk in challenging current market conditions’ seminar organised by the association’s Contra
Polarcus, NAMCOR Ink MoU
Polarcus and the National Petroleum Corporation of Namibia (NAMCOR) have signed a Memorandum of Understanding (MoU) that aims to assist with the exploration and development of Namibia’s offshore petroleum resources. Under the terms of the MOU, Polarcus will provide 3D/4D marine seismic acquisition a
Reach Subsea Slumps to Loss
Norwegian contractor, Reach Subsea, has plunged to a loss in the first quarter 2015 as its results were hit by weak market and low vessel utilisation. The Oslo-listed company booked a net loss of NOK 9.2 million ($1.2 million) for the period, compared to profit of NOK 3.8 million (approx. $0.5 milli
W&T Makes New Discovery in GoM
W&T Offshore, Inc. announced a new discovery at Ewing Banks 910 and first production from the SS #6 well at Mississippi Canyon Medusa field, both in the deepwater of the Gulf of Mexico. W&T made a new discovery at Ewing Banks 910 with the drilling and evaluation of the Ewing Banks 910 A-5 ST well. T
Seatronics Adds Neptune’s Leak Detection Systems
Seatronics has signed a rental agreement with Neptune Oceanographics for Neptune’s leak detection systems. Neptune, active in subsea leak detection since 1999, provides systems that will, according to Seatronics, complement its current offerings and reinforce its position at the forefront of the mar
OneSubsea Scoops $330 Mln Contract Off North Africa
OneSubsea, a Cameron and Schlumberger company, has been awarded a subsea production systems contract totaling more than $330 million for a gas project offshore North Africa. Under the new contract, the scope of supply for the 13-well development includes subsea production equipment, tooling, and ins
Huisman Buys into Fistuca
Huisman and the management of Fistuca BV have reached an agreement on the participation of Huisman as shareholder and investor in Fistuca BV. Fistuca is developing, according to the company, a revolutionary new pile driving technology, BLUE Piling Technology. Fistuca believes that this new technique
GC Rieber Sells CSV Polar Prince
GC Rieber Shipping has entered into an agreement to sell its multi-functional DP2 construction support vessel CSV Polar Prince. The vessel is designed in-house and was built by the Norwegian Flekkefjord Yard in 1999. The 94 meters long vessel has since its delivery been used for inspection, maintena
Eriksen Replaces Madsen as DNV GL CEO
The Board of Directors of DNV GL Group has appointed Remi Eriksen as the company’s new Group President & CEO. He is succeeding Henrik O. Madsen, who is retiring on August 01. Leif-Arne Langøy, Chairman of the Board of DNV GL Group says: “On behalf of the Board, I am very pleased to announce that Rem
U.S. Orders Plains to Clean Up Oil Spill
The U.S. Environmental Protection Agency (EPA) and the U.S. Coast Guard issued a joint federal Clean Water Act order to ensure the cleanup of heavy crude oil leaked from a pipeline near Refugio State Beach, Santa Barbara County, Calif. The order requires Plains Pipeline, the pipeline owner and opera
Shen Neng 1 Owners Go to Court over GBR Damage
The Commonwealth of Australia has taken legal actions in the Federal Court against Shenzhen Energy, after its ship Shen Neng 1 run aground on the Great Barrier Reef, causing a severe damage to the reef. The proceeding has been listed for trial for 15 days starting in April 2016 in Brisbane. On April
Bureau Veritas Sets Standards for Marine Renewable Energy
Bureau Veritas has published a set of guidelines, NI 603, intended to help the development of current and tidal turbines. The guidelines are backed by a separate guide to certification for marine renewable energy devices including tidal turbines, wave energy converters and ocean thermal energy conve
UTEC NCS Wraps Up West African AUV Ops
UTEC NCS Survey, an Acteon company, has recently completed three months of AUV operations for a number of Saipem projects located in West Africa. UTEC NCS performed pre-lay and as-laid surveys using their Gavia AUV systems on the Mafumeira and Litchendjili fields, offshore Angola and Congo. Using on
Fugro Inks DeepOcean Fleet Positioning Deal
Fugro has been awarded a contract by subsea contractor DeepOcean for the provision of precise satellite positioning for their entire fleet. The contract is valid for three years and also includes the new vessels in DeepOcean’s continuously expanding fleet. Under the contract, Fugro will supply DeepO