Subsea
EMGS in Barents Sea Data Sale
Electromagnetic Geoservices ASA (EMGS) has entered into a data licensing agreement with an international oil company worth USD 3.7 million, after adjustment for partner’s share of the revenues, for the provision of 3D EM data from EMGS’ multi-client data library in the Barents Sea. The multi-client
Plexus’ HP/HT Equipment for BG Group’s North Sea Well
Plexus Holdings PLC has received a purchase order (PO) from BG Group (UK) to supply surface wellhead and mudline equipment services for an exploration well in the UK Continental Shelf in the North Sea. Under the terms of the PO contract, which is expected to have a duration of 150 days, Plexus will
OceanWorks to Upgrade and Refurbish CSnet Seafloor Node Pod
OceanWorks International has taken the delivery of node pod #3 from CSnet for the purpose of refurbishment and upgrade to the latest standard. CSnet’s OCB subsea infrastructure, including five seafloor nodes which form the existing seafloor observatory portion of the system, was originally designed
Aquamarine Power Gets New CEO
Aquamarine Power has appointed John Malcolm as their new Chief Executive Officer. He will take the reins at the Edinburgh-based business on October 15. The current CEO Martin McAdam is stepping down after six and half years in post. John Malcolm has broad international experience, and has been a non
DSM Expands International Footprint with New Office in Australia
Deep Sea Mooring (DSM) is expanding its international footprint with the opening of a new office in Perth, Australia. The facility, which will officially open on 8 October, will provide sales and technical support to customers across Australasia. To support its mooring operations, the company has al
Frost & Sullivan Estimates Subsea Equipment Revenues at $35.84 Bln in 2018
Escalating energy requirements and declining reserves in existing wells are lending momentum to subsea exploration, fuelling the adoption of subsea equipment globally. As attractive returns and higher recovery rates position subsea exploration to challenge the near-shore and onshore industry, demand
Jee’s Subsea Cable Solutions for Scottish Enterprise Tidal Energy Installations
Jee Ltd has been awarded a contract from Scottish Enterprise to develop subsea electrical array cable solutions for tidal energy installations. The contract is part of a pioneering study for the marine energy industry in Scotland, and will see Jee develop solutions for locating, securing, protecting
3PSC Wins Maintenance Deal for US Navy Survey Ships
Virginia-based 3PSC is being issued a $14,9 million modification under a previously awarded firm-fixed-price contract to exercise a 182-day option for the operation and maintenance of five U.S. Navy oceanographic survey ships (T-AGS). Military Sealift Command’s Special Mission program supports world
MIT Researchers Unveil New Underwater Robot for Port Security
Recently at the International Conference on Intelligent Robots and Systems, MIT researchers unveiled an oval-shaped submersible robot, a little smaller than a football, with a flattened panel on one side that it can slide along an underwater surface to perform ultrasound scans. Originally designed t
CSL Names Subsea Business Development Manager
Aberdeen based, CSL, has appointed Iain Fullerton as Business Development Manager for Subsea Engineering and Projects, to assist with the firm’s five-year growth and development plan bringing new services to clients. CSL, which was established in 2000, has invested a great deal into expanding its te
FoundOcean Joins Forces with Ranger Offshore
FoundOcean and Ranger Offshore have signed a strategic agreement this month. The partnership will offer clients a competitive, design-to-installation solution for a range of projects. Headquartered in Houston, Texas, Ranger Offshore provides marine and subsea construction support services including
Enagás, Fluxys Buy Out Total, E.ON from TAP Project
Enagás and Fluxys have signed an agreement to acquire 19% of Total and E.ON’s stake in the company that is developing the Trans Adriatic Pipeline (TAP) project, in which Enagás will hold a 16% stake. TAP’s shareholding is now comprised of BP (20%), Socar (20%), Statoil (20%), Fluxys (19%), Enagás (1
WesternGeco Extends Time Charter for Geco Bluefin
WesternGeco, a land and marine seismic acquisition technologies provider, declared its option to extend the Time Charter for Geco Bluefin seismic vessel. The extension agreed with Norwegian Volstad Maritime is for one year from 1 January 2015 to 31 December 2015. Geco Bluefin is an 80 meter long DP
Energy Searcher Drillship Resumes Operations on Oyo Field, Nigeria
Northern Offshore’s drillship Energy Searcher, under contract in Nigeria, resumed normal operations on September 23, following repairs to the control hoses to the unit’s blowout preventer. Earlier this month the drillship experienced technical problems with the control hoses to the unit’s blowout pr