Subsea
Polarcus Halfway Through Capreolus Shoot
Oslo-listed seismic contractor, Polarcus, has now reached the 50% completion milestone in the acquisition of the Capreolus 3D multi-client project, the largest single 3D survey ever acquired offshore Australia. Polarcus will acquire a minimum area of 22,130 sq. km of high resolution broadband 3D sei
KrisEnergy Selects Lengo FEED and Survey Contractors
KrisEnergy has awarded the front-end engineering and design (FEED) contract for the Lengo gas development offshore East Java in Indonesia, and has started geophysical and geotechnical surveys at the platform site as well as along the proposed platform-to-shore pipeline route and onshore receiving te
TGS Axes 10 Percent of Global Workforce
Norwegian seismic player, TGS, has announced a Cost Reduction Program reflecting the deterioration of the market for seismic data seen in the first quarter of 2015. Based on preliminary reporting from operating units, TGS said it expects net revenues for the first quarter of 2015 to be approximately
Subsea 7’s Seven Seas Stays with Petrobras in Brazil
Subsea 7 S.A. has been awarded a contract worth approximately USD$200 million with a duration of approximately two years. The contract is for the installation of flexible lines for Petrobras’ projects using Subsea 7’s construction and flex-lay vessel Seven Seas, on a day-rate basis. The vessel has b
Iceland Underlain by Continental Crust, Study Shows
An international team, including researchers at the University of Liverpool, have shown that south east Iceland is underlain by continental crust. The team found that the accepted theory, that Iceland consists of very thick oceanic crust, generated by the interaction between the ocean-ridge seafloor
Ithaca Completes Flow Test on Fifth Stella Development Well
Ithaca Energy Inc. announces successful completion of flow test operations on the fifth and final development well on the Stella field, with the well achieving a flow rate of over 8,000 barrels of oil equivalent per day (“boepd”). Well 30/6a-A3Y (“A3”) is the fifth development well drilled on the St
WorleyParsons, INTECSEA Win Fortuna Project Gig
Ophir Energy has contracted WorleyParsons and INTECSEA for engineering and project management services on its Fortuna Project in Block R offshore Equatorial Guinea. We are pleased to announce the award by Ophir Equatorial Guinea (Block R) Limited of an agreement for provision of engineering and proj
Subsea Supplies Showcases at Ocean Business
Aberdeen-based Subsea Supplies is exhibiting at Ocean Business, an industry event for the oceanographic, offshore, maritime and environmental markets. A supplier of cables, components and connectors to firms operating in underwater-related industries, Subsea Supplies will be on Stand Q11 at the thre
Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (April 06 – April 12). Bibby Subsea, Bibby Offshore’s Houston-based division, has commissioned two HD work-class ROVs (Remote Operated Vehicles) designed by FMC Technologies Schilling Robotics. Capable
Agulhas II Embarks on Marion Island Expedition
The Department of Environmental Affairs’ SA Agulhas II has embarked on her third logistical and scientific voyage to Marion Island on Thursday 9 April 2015. During this voyage, scientists from the DEA’s Oceans and Coasts Research unit as well as from various universities in South Africa will jointly
Gardline Merges Services
Gardline has announced, with immediate effect, the streamlining and amalgamation of both the geotechnical and geophysical services into one company, Gardline Geosurvey Limited. “This streamlining will better enable Gardline to provide more cost-effective and rapid-response services to the offshore e
Siemens, Statoil Introduce Subsea Hydraulic Power Unit
Siemens and Statoil have jointly developed and qualified a subsea hydraulic power unit for use in offshore oil and gas fields in order to provide hydraulic power right at the well site. The Subsea Hydraulic Power Unit (SHPU) supplies low pressure and high pressure control fluid to the subsea control
Aker Solutions: No Additional MMO Layoffs
Aker Solutions has released a response regarding yesterday’s reports in Norwegian media about the company’s plans to further reduce its MMO workforce. Namely, the company said in February it will be cutting another 300 jobs in its maintenance, modification and operations (MMO) division off Norway du
Fugro to Showcase at Ocean Business 2015
Fugro will present its offshore survey capabilities at Ocean Business 2015 scheduled for April 14-16 at the National Oceanography Centre in Southampton, UK. In the technical programme, Fugro representatives will present papers on subsea infrastructure mapping, UXO detection, precise positioning and