Subsea
Statoil Farms Down 15 Pct Interest in Angola Block 39
Statoil has signed an agreement to farm down a 15% interest to WRG Angola Block 39 Limited (“WRG”) in the Statoil-operated block 39 offshore Angola in the Kwanza pre-salt basin. WRG is a 50/50 joint venture comprising White Rose Energy Ventures and Genel Energy plc. “This is part of Statoil’s active
Nexans Penalized by European Commission with USD 97 Mln
Nexans, French expert in the cable industry, has been fined by the European Commission with $97 million, of which $90 million is subject to joint payment liability of Nexans as parent company, for alleged anti-competitive behavior. The Commission imposed a fine on the major European and Asian indust
Marine Contracting Awarded Jasmine Field FPSO Contract
Marine Contracting Pte Ltd., a subsidiary of offshore marine consultancy firm Global Maritime, informed that the company has been awarded a contract by Petrofac South East Asia Pte Ltd. covering the replacement of mooring and flexible riser systems for an floating, production, storage and offloading
NOAA: Robert J. Walker Wreck Added to National Register of Historic Places
NOAA announced that the wreck of the ship Robert J. Walker, a steamer that served in the U.S. Coast Survey, a predecessor agency of NOAA’s Office of Coast Survey, has been added to the National Register of Historic Places. The Walker served as survey ship, charting the Gulf Coast including Mobile Ba
Hitachi Delivers Equipment for Petrobras’ FPSO
Hitachi, Ltd. delivered six sets of centrifugal compressors for a Floating Production, Storage, and Offloading system (FPSO) for Petroleo Brasileiro S.A. (Petrobras), the state oil company of the Federative Republic of Brazil. Hitachi received an order from MODEC AND TOYO OFFSHORE PRODUCTION SYSTEMS
Douglas-Westwood Expects 42 Pct Increase in AUV Fleet by 2018
Douglas-Westwood (DW) forecast that the global AUV (autonomous underwater vehicle) fleet will increase 42% in the 2014-2018 period, compared to the previous five years. The fleet is forecast to total 825 units in 2018, led by strong demand in the military sector. The military sector makes up 50% of
Research Vessel ‘Sonne’ to Leave Meyer Werft Building Dock
The new research vessel “Sonne” will leave the building dock I of Meyer Werft on Saturday, 05 April 2014, after 14 months of construction. During the last few weeks this highly complex vessel was furnished with extensive equipment, underwent interior works, as well as tests of safety equipment, mach
Radius, Cyta Complete Commissioning of Poseidon Submarine Cable
Radius Oceanic Communications, Inc., and Cyta announced testing and commissioning are complete on the Poseidon submarine cable system, a fiber optic network built to serve the oil and gas and scientific markets in the Eastern Mediterranean. Radius and its regional telecom partner, Cyta have also com
Subsea Manifolds for Bøyla Field Complete (Norway)
The development of the Bøyla Field (PL 340) located close to the Alvheim Area has passed an important milestone towards first oil. The subsea manifolds for the Bøyla Field are now completed and being transported for installation in the North Sea. Marathon Oil Norge AS, a wholly-owned subsidiary of M
Nautronix Names Two New Senior Managers
Nautronix, announced the strengthening of its senior management team. The move is due to the company’s growth within their Survey Services division and the significant opportunities available for their subsea positioning system, NASNet®. Sam Hanton, who initially joined Nautronix in 2008 and has ser
M&M Predicts Subsea Market at USD 24.6 Bln by 2018
Markets and Markets reported Subsea Production & Processing Systems Market, Global Trends & Forecast for 2018. The subsea production and processing systems market is likely to grow reasonably in upcoming years. The long-term drivers of the subsea market are well known. The relentless depletion of on
BSEE Invests in Oil Spill Response Research in Drift Ice Conditions
The Bureau of Safety and Environmental Enforcement (BSEE) is investing up to $600,000 for targeted oil spill response research in drift ice conditions. In a Broad Agency Announcement (BAA), the bureau called for white papers on new mechanical technologies for cleaning up oil spills in drift ice cond
InterMoor UK Brings Additions to Management Team
InterMoor appointed Duncan Cuthill to the role of General Manager of InterMoor Marine Services Ltd. and Lesley Maxwell to the role of Group HR Manager. Duncan Cuthill holds a University degree (BSc) and is a qualified Master Mariner with extensive experience in the offshore oil and gas industry. Fol
US Navy Veteran Joins Harkand’s Management Team in GoM
Fast-Growing global inspection, repair, maintenance (IRM) and light construction company Harkand has made a key appointment by securing industry veteran Mike Brown as general manager of diving services in North America. A US Navy veteran, Brown has considerable experience of commercial diving in the