Subsea
Halliburton Swings to Loss in Q1
Halliburton has reported a net loss of $643 million, or 76 cents per share, in the quarter, compared with a profit of $622 million, or 73 cents per share, in the year-earlier period. For the first three months of 2015 (Q1 2015), the company recorded an $823 million charge to cover asset writeoffs, i
DNV GL Issues First RP for Subsea Documentation
DNV GL led Joint Industry Project (JIP) involving twenty industry players has made the first issue of a Recommended Practice for Subsea Documentation Standardisation. Working together the partners have invested considerable time to scope out and agree upon a set of typical subsea production systems
Ennsub Secures SLF Boost
The Scottish Loan Fund (SLF) has invested up to £1.5 million of development capital in the subsea technology and engineering firm Ennsub Group. Established in 2012, Ennsub designs and engineers a range of specialist equipment including deepwater deployment systems, dedicated subsea pipeline products
China Builds Mother Ship for Rainbow Fish Submersible
China has kicked off a new project of building a mother vessel for a 11,000-meter manned submersible as part of the country’s deep-sea research program. The vessel, Zhang Jian, named after the founder of Shanghai Ocean University, will serve the manned submersible ‘Rainbow Fish’ which is capable of
AGR Wins DEA Norge Job
AGR has secured a well engineering and operational support services contract with DEA Norge. The contract covers support in well planning and operational execution and consultancy manpower to DEA’s drilling projects on the Norwegian continental shelf (NCS). The contract includes HSEQ and environment
Seatower Names New Principal Engineer
Seatower, a designer of gravity foundations for offshore wind turbines and substations, has appointed Hans-Kristian Alveberg as Principal Engineer as of April 05. Alveberg is an expert within post-tensioned concrete structures, and educated Diplom-Ingenieur (M.Sc.) in Steel Constructions in Civil En
EGS Names RV ‘Geo Resolution’
The EGS management has gathered in Singapore to conduct the christening and blessing ceremony of the RV Geo Resolution, the latest addition to EGS’ fleet of deep water capable hydrographic and geophysical survey vessels. The ceremony has taken place at the Sembawang Shipyard, where the vessel was eq
VIDEO: IHC Splashes SAPURA JADE
Royal IHC has named and launched the pipelaying vessel SAPURA JADE in a ceremony at the company’s shipyard in Krimpen aan den IJssel, The Netherlands. The naming of the fully integrated vessel was performed by Mrs Belle de Bruin, Managing Director of the Indofin Group. Earlier on the same day, the n
IMCA Reveals Launch Date for IIMS Accredited Vessel Inspectors
The International Marine Contractors Association (IMCA) and the International Institute of Marine Surveying (IIMS) announced, on the final day of Ocean Business, the start date for the IIMS accredited vessel inspectors (AVIs) scheme, for CMID work on a worldwide basis as 1 June. Those wishing to app
CSR Wraps Up SMD Acquisition
Zhuzhou China South Rail Times Electric Co. (CSR Times Electric), Ltd., a subsidiary of China South Rail (CSR), has completed a £130m formal acquisition of the UK-based manufacturer of ocean engineering products, Specialist Machine Developments (SMD). Liu Hualong, the president of CSR commented: “SM
Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (April 13 – April 19). Technip has been awarded a brownfield subsea contract for the Triton floating production storage and offloading (FPSO) vessel, operated by Dana Petroleum, located in the central
Chevron Hires Norce Endeavour for Thailand Campaign
Solstad Offshore ASA has received confirmation from Chevron Offshore (Thailand) Ltd., Chevron Thailand Exploration and Production, Ltd. and Chevron Pattani Ltd. in Thailand for the 2016 Offshore Installation Campaign utilizing its DLB “Norce Endeavour”. DLB “Norce Endeavour” will install multiple ne
RV Celtic Explorer in First Trans-Atlantic Mapping Survey
The first trans-Atlantic mapping survey has been announced and it’s to take place under the Atlantic Ocean Research Alliance. The announcement was made by the Minister for Agriculture, Food and the Marine, Simon Coveney T.D., Carlos Moedas, European Commissioner for Research, Science and Innovation,
NCE Subsea Joins JIP for Subsea Documentation RP
NCE Subsea is now a partner in the joint industry project (JIP) Subsea Documentation Standardisation. This industry is initiated and managed by DNV-GL and the Norwegian Oil and Gas Association (NOROG). The aim is to develop a recommended practice representing the minimum set of documentation require