Subsea
Technip France Charters Seamec Princess for Work in Dubai
Seamec Ltd, an Indian registered Public Limited company, has informed BSE that Vessel SEAMEC PRINCESS will complete her Charter with Kreuz Subsea Pte Ltd in South East Asia around second week of April, 2014. The Company has entered into a Charter Party with Technip France, Abu Dhabi for her deployme
Airborne Sets Up Legal Presence in Cherbourg (France)
Airborne has set up a legal presence in Cherbourg, France. This will take Airborne a step further in achieving the ambition to become the leading tidal blade engineering and manufacturing company in the world. Airborne strongly believes that a local facility supporting the tidal energy projects of A
Xcite Energy, Teekay Shipping Ink MoU for Bentley Field FSO
Xcite Energy Limited, through its 100% subsidiary Xcite Energy Resources Limited (XER), has entered into a Memorandum of Understanding (MOU) with Teekay Shipping Norway AS (Teekay), which sets out the principles of co-operation for the supply of a floating storage and offloading (FSO) facility for t
Dolphin’s Fleet Records Good Start in 2014
Dolphin re-positioned the operative seismic vessels in end of 2013 and have achieved high vessel utilization and good performance on their seismic fleet. This provided Dolphin with historical high total revenues of $80 million for the first quarter of 2014. Further, Dolphin experience improved deman
Statoil’s Gudrun Field Comes on Stream
At 07.25 on 7 April, Statoil and its partners (GDF SUEZ and OMV) started production on the Gudrun oil and gas field in the North Sea. “Gudrun is the first new Statoil-operated platform to come on stream on the Norwegian continental shelf since 2005. This is a red-letter day for the company,” says Ar
EMGS Scores 3D Survey Contract from North Energy
Electromagnetic Geoservices ASA (EMGS) has received a Letter of Award (LOA) from North Energy ASA for a contract of $3.3 million for 3D EM data acquisition over and in the vicinity of license PL509S in the North Sea. “This contract means that EM is becoming accepted as an exploration tool in the Nor
Subsea 7 Extends Option for Skandi Seven Vessel
Subsea 7 has exercised the final extension option on the vessel Skandi Seven. Subsea 7 has exercised the final extension option on the vessel Skandi Seven, and the vessel is firm from April 2015 until end March 2017. The Skandi Seven is a construction/flexlay vessel capable of operating in water dep
CGG Makes Changes to Board of Directors
CGG decided that Rémi Dorval, currently a Director of the company, will succeed Robert Brunck as the Chairman of the CGG Board of Directors. This decision will take effect at the end of the next Annual Shareholders’ Meeting which is due to be held on 4 June, subject to the renewal of Rémi Dorval’s t
Petrobras Starts Production from Third Well at Sapinhoá Field
Petrobras announces the start-up of well 7-SPH-04-SPS, at a water depth of 2,120 meters, in Sapinhoá field, in the Santos Basin Pre-Salt Region. This well has an estimated production potential of 26,000 barrels of oil per day (bpd) and is interconnected to FPSO Cidade de São Paulo through the pionee
ION, Polarcus Jointly Acquire 3D Seismic Data Offshore Ireland
ION Geophysical Corporation announced it is collaborating with Polarcus to acquire a new 4,000 sq. km. 3D multi-client seismic survey offshore southwest Ireland, the first major survey of the significantly under-explored deep-water Southern Porcupine Basin. Drilling results in the area have proven t
Top News of the Week of Mar 31 – Apr 06, 2014
1. European Commission Fines Cabling Cartel with USD 416 Mln The European Commission has found that 11 producers of underground and submarine high voltage power cables operated a cartel, and has imposed fines totalling $ 416 million ( €301 million ). 2. Seaway Heavy Lifting Extends DOF Subsea’s Posi
Femern Receives Tenders for Fehmarnbelt Project
Femern A/S has received a total of 17 tenders from nine major international contractors or consortia wishing to participate in the construction of the world’s largest immersed tunnel. This represents another significant milestone in the course of the project scheduled for completion in 2021. ”This i
Ocean Energy Forum to Accelerate Commercialisation of Ocean Energy Sector
Ocean energy can make a significant contribution to European energy security, but the EU and its Member States must act now in a coordinated manner to make this happen, according to the ocean energy industry. This call to action comes ahead of the first convening of the Ocean Energy Forum in Brussel
SubC Partner Adds Ocean Module V8 M500 to Its ROV Fleet
SubC Partner, provider of installation, inspection, repair and maintenance solutions for the Offshore Wind sector is expanding its fleet of ROVs with the purchase of a new Ocean Module V8 M500. CEO and Partner, Lars Wigant, deems the Ocean Module V8 M500 as further investment in SubC Partner commitm