Subsea
CAMAC Delayed by Oil Leaks at Oyo
CAMAC Energy Inc. has delivered an update on Company’s operations in West and East Africa, including Nigeria, Ghana, Kenya, and Gambia. Nigeria Oyo Offshore Installation Offshore installation campaign of the Company’s Oyo field expansion project using the Normand Pacific installation vessel started
Prysmian Presents Its Product Portfolio at Rio Oil & Gas in Brazil
Prysmian Group, world leader in the energy and telecom cables and systems industry, will showcase at Rio Oil & Gas Conference and Exhibition 2014 in Rio de Janeiro, Brazil from September 15th to 18th (hall 4 booth V2). The Group will present its comprehensive product portfolio specifically designed
Cal Dive Gets ‘Heads Up’ from NYSE
Cal Dive International, Inc. has received a notice from the New York Stock Exchange that it does not currently satisfy the minimum share price standard for continued listing of the Company’s common stock. Specifically, on August 27, 2014, the 30-trading-day average closing price per share of the Com
Dolphin Bags 3D Seismic Contract in Indian Ocean
Dolphin continues to build strong winter back-log and has been awarded a 3D seismic contract in the Indian Ocean for an independent oil company for approximately 60 days. The 3D seismic vessel, Artemis Arctic, will commence this contract in fourth quarter of 2014. Artemis Arctic is designed by Skips
Aker Clinches $465 Mln Subsea Gig from Petrobras
Aker Solutions’ subsidiary Aker Oilfield Services (AKOFS) has won a contract worth USD 465 million over five years from Petrobras to provide subsea intervention services offshore Brazil from the Aker Wayfarer vessel. The contract will start within the fourth quarter of 2016 and has a five-year optio
Top News of the Week of Sep 08 – Sep 14, 2014
1. Technip Lands EPIC Gig on BP Juniper Project Off Trinidad Technip has been awarded a substantial EPIC lump sum contract by BP Trinidad and Tobago LLC for the development of the Juniper project, to be located off the South East coast of Trinidad. 2. Malaysia: Norshore Atlantic Kicks Off for Shell
Subsea 7 Reduces Norwegian Workforce
Oil services company Subsea 7 is reportedly reducing its Norwegian workforce between 100 and 150 employees due to project delays. According to Norwegian state TV channel NRK, the company informed the workers about the job cuts earlier this week through its communications manager Jan Roger Moksnes. S
Oceaneering Exercises Options for CSV ‘Bourbon Oceanteam 101’
Oceaneering International, Inc. has exercised both one year options on the CSV Bourbon Oceanteam 101 up to February 2017. The vessel will continue its field support services for work offshore Angola on blocks 18 and 31. Upon delivery in December 2007, this DP2 Construction Support Vessel has been op
OPT Net Loss Decreases
Ocean Power Technologies, Inc. today announced financial results for its Fiscal 2015 first quarter ended July 31, 2014 (fiscal 2015). The net loss for the three months ended July 31, 2014 was $3.3 million as compared to a net loss of $3.8 million for the three months ended July 31, 2013. David L. Ke
Mitsubishi Acquires Interest in Block CI-103 Off Ivory Coast
Mitsubishi Corporation (MC) has agreed to acquire a 20% ownership interest in Block CI-103 Hydrocarbon Production Sharing Contract from US-based Anadarko Petroleum Corporation. Block CI-103, which is located off the coast of Côte d’Ivoire, is currently in appraisal. The transfer of the interests wil
Tideway Rollingstone to Recommence Scour Protection Work at Gwynt y Môr
Scour protection work is due to recommence within the Gwynt y Môr Offshore Windfarm on the 21st September 2014. As AWJ Marine informs, the work will be carried out by the vessel Tideway Rollingstone. All vessel traffic is asked to keep at least 500m clear of Tideway Rollingstone. Gwynt y Môr will co
Viper Subsea Recognized at National Private Business Awards 2014
Viper Subsea is celebrating after winning the Technology Innovation of the Year category at the National Private Business Awards 2014, which were announced at the Guildhall, London on Wednesday 10th September. The company’s V-LIFE Electrical Insulation Resistance Improvement System saw off stiff com
Seaflex WaterLoad Bags on ‘Geocean Protis’
In early July this year, Unique Seaflex were contacted by the Geocean office in Cassis, South-East France with respect to load-testing requirements on their fleet of vessels. Initially, this was for the pipelay barge Protis which was operating off Pointe Noire, Congo and which needed its crane testi
Osiris Passes FPAL Checkup
Osiris has successfully completed benchmarking audit with Achilles FPAL, which will see them included on their database of official suppliers to the oil and gas industry. The successful completion of this audit demonstrates their capability to provide safe and cost-effective subsea solutions to the