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Subsea

CGG Starts Horda Survey Extension Off Norway
Subsea

CGG Starts Horda Survey Extension Off Norway

CGG announced a western extension of the Horda BroadSeisTM-BroadSourceTM 3D multi-client program it began acquiring in the Northern North Sea offshore Norway in 2014. The extension, known as Tampen, is located in the Northern Viking Graben offshore Norway and the UK and is expected to be completed i

about 11 years ago
Alcatel-Lucent Extends Reach of Unrepeatered Cable Systems
Subsea

Alcatel-Lucent Extends Reach of Unrepeatered Cable Systems

Alcatel-Lucent has achieved a technological record for subsea communications by extending the reach of unrepeatered cable systems at 100 gigabits-per-second to more than 610 kilometers using the same fiber for both signal and amplifier transmission. By freeing up individual fibers normally combined

about 11 years ago
Global Marine Acquires Q1000 Jet Trencher
Subsea

Global Marine Acquires Q1000 Jet Trencher

Global Marine Systems Limited has extended its subsea capability with the acquisition of a jet trenching ROV. The new submersible compliments the existing burial equipment portfolio and is designed for pre and post-lay trenching as well as simultaneous lay and burial in the offshore subsea cable sec

about 11 years ago
FMC Technologies Gets New President
Subsea

FMC Technologies Gets New President

FMC Technologies announced that its Board of Directors has appointed Douglas J. Pferdehirt as President of the company. Pferdehirt assumes this responsibility from John T. Gremp who remains Chairman and Chief Executive Officer. “Doug has been integral to our company’s success and a valuable partner

about 11 years ago
Sonomatic Goes Deeper with Ultrasonic Subsea Inspection
Subsea

Sonomatic Goes Deeper with Ultrasonic Subsea Inspection

Sonomatic, a provider of automated ultrasonic subsea inspection, has successfully deployed its accurate corrosion mapping approach at a depth of 1435 m, setting a new benchmark for depth with this technique. As the company informs, the inspection was carried out using the ROV-iT, a ROV-deployed ultr

about 11 years ago

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Subsea 7 to Axe 11 Vessels and 2500 Jobs
Subsea

Subsea 7 to Axe 11 Vessels and 2500 Jobs

Subsea 7 has informed that a programme of cost reduction measures will be implemented including a re-sizing of the fleet and workforce, and the restructuring of its corporate organisation. According to the company’s filing to Oslo Stock Exchange, this decision comes in view of the difficult business

about 11 years ago
Ex-FMC Men, DeepOcean Found Optime Subsea Services
Subsea

Ex-FMC Men, DeepOcean Found Optime Subsea Services

A group of ex-FMC employees have teamed up with subsea installation player DeepOcean to found Optime Subsea Services, whose multi Completion System (mCS) can install subsea trees at up to 80% the time and cost of traditional solutions. “The oil and gas operators have for years requested a cost reduc

about 11 years ago
James Fisher Grabs X-subsea Assets
Subsea

James Fisher Grabs X-subsea Assets

James Fisher has purchased the assets and intellectual property rights of X-Subsea for a total consideration of £14.8m. Headquartered in Aberdeen, X-Subsea went into administration on April 27 2015 following the collapse of its Norwegian parent company Reef Subsea AS. X-Subsea, a designer and operat

about 11 years ago
McDermott Sees Losses Narrow, But Revenues Fall
Subsea

McDermott Sees Losses Narrow, But Revenues Fall

McDermott has reported first quarter 2015 net loss of $14.5 million, or $0.06 per fully diluted share including restructuring charges, compared to a net loss of $46.5 million, or $0.20 per diluted share, in the prior-year quarter. Net of restructuring charges, the first quarter 2015 loss would have

about 11 years ago
Delta SubSea Adds New Vessel
Subsea

Delta SubSea Adds New Vessel

Delta SubSea (DSS) has entered into an agreement with Olympic Shipping for the ‘Olympic Delta’, a newly built Multipurpose Subsea Support & Construction Vessel. The Olympic Delta is a green vessel, designed according to DNV class. The vessel is equipped with two Delta SubSea Schilling HD 150 HP work

about 11 years ago

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IOG Starts Seismic Remapping in North Sea
Subsea

IOG Starts Seismic Remapping in North Sea

Independent Oil and Gas plc (“IOG”), has started the 3D seismic remapping project over its Southern North Sea gas portfolio on a phased basis, with the first results expected by the end of May. IOG has decided to complete the remapping work over its portfolio in three phases: 1) Core SNS area includ

about 11 years ago
Technip Nets Thunder Horse Gig
Subsea

Technip Nets Thunder Horse Gig

Technip has secured a contract with BP E&P for the design, engineering, fabrication, installation and pre-commissioning of the new production pipeline systems on the south side of the Thunder Horse production drilling quarters unit. At a water depth of approximately 1,900 meters, the current field d

about 11 years ago
OIS to Decommission North Sea Subsea Wells
Subsea

OIS to Decommission North Sea Subsea Wells

Offshore Installation Services (OIS), an Acteon company, has been awarded a contract to decommission multiple wells in the North Sea by Centrica Energy. The initial campaign includes six subsea wells in the central North Sea, in categories 2.1 and 2.2, which will be abandoned using a diverless, vess

about 11 years ago
FOGL: Isobel Deep BOP Fixed
Subsea

FOGL: Isobel Deep BOP Fixed

Falkland Oil and Gas Limited (FOGL) informed that the technical issues relating to the blow-out preventer (BOP) control system on the 14/20-1 “Isobel Deep” well have now been fully resolved and drilling operations have recommenced. The well was spudded by Premier Oil, as operator, on 8th April 2015.

about 11 years ago