Subsea
Oil Leak Stops Production from Four Petrobras’ Platforms
An oil leak of about 7,000 liters was detected offshore Brazil, from the pipeline linking four Petrobras’ platforms. As Reuters reports, the leak occurred in the Camorim field, off the coast of the city of Aracajú. According to reports the Brazilian state-run oil company Petrobras has contained and
Keel Laid for Norwegian Research Vessel (Spain)
Gondan Shipyard has celebrated the keel laying ceremony of the new Oceanographic Research Vessel for the Institute of Marine Research (IMR) of Bergen, Norway at its facilities in Figueras. The official keel laying ceremony, marks the start of the assembly of the hull in the slipway. Several represen
McDermott, Hydra in Ghana JV
McDermott has created of a new joint venture, McDermott Marine Construction Ghana Limited (MMCGL), that will pursue key offshore opportunities in Ghana and other developments in the African market. Building McDermott’s presence in Ghana with minority partner Hydra Offshore Group of Accra, Ghana, the
Navy Divers Remove Explosive Ordnance Off Italy
During the weekend of April 21st and 22nd, the Italian Navy conducted an underwater search for explosive ordnance near ” Marina del Cantone ” beach. During the search the Navy team found a bomb of English production with about 120 kg explosives inside. The bomb, found at the depth of seven meters, i
Kosmos Hits Gas Offshore Mauritania
Kosmos Energy announced that the Tortue-1 exploration well, drilled to test the Tortue West prospect, which forms part of the Greater Tortue Complex, in Block C-8 offshore Mauritania has made a gas discovery. Based on the preliminary analysis of drilling results and intermediate logging to a depth o
Marshall Islands Discusses on Deep Sea Minerals
The Republic of the Marshall Islands (RMI), with the assistance of the Secretariat of the Pacific Community(SPC)–European Union (EU) Deep Sea Minerals Project, has started public consultations on deep sea minerals. These consultations are with a particular emphasis on the draft national Deep Sea Min
Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (April 20 – April 26). The Houston-based oilfield services major, Schlumberger, is slashing another 11,000 jobs as it fells the impact of downturn in oil prices and lower E&P spending. In January this
ROVOP Opens New HQ, Welcomes BGF Investment
Fergus Ewing, Minister for Business, Energy & Tourism, visited ROVOP as the company welcomed guests and new investment partner Business Growth Fund (BGF) to the new facility. The investment from BGF will be used to fuel ROVOP’s growth following its recent international expansion with a Western Hemis
Ocean Business 2015 Surpasses Expectations
Last week’s Ocean Business show at the National Oceanography Centre (NOC) in Southampton saw the number of visitor up 29%, taking attendance to 4589 visitors. Versha Carter, Group Director for Ocean Business commented, “We are absolutely thrilled at the success of Ocean Business. It has once again s
Cecon ASA Goes Bankrupt
Arendal-based subsea contractor Cecon ASA has requested the City Court of Aust-Agder to declare the company bankrupt having failed to present a plan for a compulsory composition. The company has over the last four months explored options for a solution to the debt restructuring, which would have giv
BOP Problem Suspends Isobel Deep Well
Falkland Oil and Gas Limited (FOGL) reported that the 4/20-1 “Isobel Deep” well located offshore the Falkland Islands, has been temporarily suspended due to problems on the blowout preventer (BOP). Following the successful setting of the 13 3/8″ casing at a depth of 1273.9m metres, a problem was det
Siem, Daya Agree New Terms for OSCV Sale
Siem Offshore (SIOFF) has agreed to sell Siem Daya 1 to Daya for USD 120 million. In addition, SIOFF is entitled to a 60/40 profit share in SIOFFs favour based on the profit Daya makes on the vessel limited to an additional USD 10 million. A deposit of USD 10 million is to be paid […]
WATCH: ROV Surveys Sunken ‘Oleg Naydenov’
The following footage shows an ROV inspection at a depth of 2,700 meters, offshore Gran Canaria, where Oleg Naydenov sank with nearly 1,500 tonnes of fuel. A remotely operated vehicle (ROV) was deployed on Tuesday, April 22 to inspect the wreck located approximately 24 kilometres off the southern co
AAG Subsea Cable Breaks Down Again
Asia-America Gateway submarine cable system has experienced a new cut on April 23, affecting internet bandwidth from Vietnam to international destinations, FPT Telecom informed. According to the report, the local traffic in the country is not affected. The breakdown occurred in the SH1 segment of th