Subsea
Ceona’s New Debt Facility to Finance Ceona Amazon Vessel and Polar Onyx VLS
Ceona announced the completion of a new USD$290 million secured debt facility to finance its two new build projects, the Ceona Amazon vessel and the Polar Onyx Vertical Pipelay System (VLS), along with performance bonds to further support the company’s growth initiatives. The new debt facility will
Gastech Adresses Offshore and Subsea Environments Challenges
The easy days of oil and gas production appear to be over as companies must find new energy resources in deep water or the Arctic regions where harsh climatic conditions create the ultimate challenge. Global gas industry leaders will share their knowledge and expertise on the many challenges present
Oceanscience and Geometius Demonstrate Z-Boat 1800SS
Oceanscience, In partnership with Benelux representative Geometius B.V., conducted the first demonstration of the Z-Boat 1800 equipped with side scan sonar for bottom imaging applications. With the Tritech StarFish 1000kHz high resolution sonar attached to the Z-Boat hull, a special data telemetry m
Hyperdynamics: Tullow’s Force Majeure Is Unwarranted and Untimely
Hyperdynamics Corporation announced today that it has communicated to the Government of Guinea and Tullow its response to Tullow’s assertion without advance notification or discussion of force majeure and suspension of plans to commence drilling of an exploratory well offshore Guinea. Hyperdynamics
Level 3, EMCALI to Connect Colombia to International Network via Subsea Cable
Level 3 Communications, Inc. announced the construction of a new undersea cable, connecting Colombia to its international network. The terrestrial segment of the cable in Colombia is being constructed in conjunction with EMCALI (Empresas Municipales de Cali), a state-owned utilities services company
E-marine Hosts ICPC Plenary Meeting in Dubai
E-marine is hosting the 47th Plenary Meeting of the International Cable Protection Committee (ICPC), in Dubai this week where leading industry figures will discuss and exchange technical, legal and environmental information about submarine power and telecommunications cables. ICPC is the world’s pre
DeepOcean Bags Western Link Trenching Contract
DeepOcean UK, a subsidiary of DeepOcean Group Holding BV, has been awarded a significant contract, for trenching services on the Western HVDC Link project. The contract was awarded by Prysmian Group. DeepOcean’s scope of work includes pre-lay survey, pre-lay grapnel run, post-trench survey and trenc
Statoil Gets Consent to Use Island Frontier at Tune
Statoil Petroleum AS (Statoil) has received consent to use the Island Frontier mobile drilling facility at Tune. In addition to the fields which were included in previous consents, a need has arisen for well intervention work at Tune. In response to an application by Statoil in February 2014, consen
NRL Uses Deepwater Horizon Oil Spill to Model Its Forecast Research
U.S. Naval Research Laboratory’s (NRL) oceanographer Dr. Jason Jolliff, published a paper in Ocean Modeling (March 2014), where he shows how NRL can also forecast where oil will go following a major spill. “If you’re going to do forecasting,” Jolliff says, “You have to get the ocean circulation corr
Key Industry Players Team Up to Develop Offshore Leak Detection Systems
Leak detection is a considerable challenge facing the industry and DNV GL has therefore taken the lead in establishing a new Joint Industry Project. Twenty key industry players are partnering to develop a best practice for designing and implementing offshore leak detection systems. Joint Industry Pr
Decom North Sea to Host Lunch and Learn Event in Aberdeen, UK
Decom North Sea (DNS), the offshore oil and gas decommissioning forum, is hosting a lunch and learn event to give supply chain companies the opportunity to present their offshore decommissioning capabilities and encourage knowledge share among members. It takes place on Wednesday, March 19, at the D
Fugro to Make Supervisory Board Changes
Fugro has nominated Antonio Campo for appointment as member of the Supervisory Board. Supervisory Board member Marion Helmes steps down. The Supervisory Board proposes to appoint Mr. Antonio J. Campo as member of the Supervisory Board of Fugro at the upcoming annual general meeting (AGM) to be held
AWE Experiences Mechanical Difficulties at Pateke-4H
AWE Limited reported that the Pateke-4H development well was preparing to sidetrack a short section of lower wellbore. The mechanical drill string difficulties experienced in the original hole were unable to be fully resolved and the lower part of the hole has been abandoned. It is now proposed to s
VARD Establishes New Subsidiary in Canada
Vard Holdings Limited (“VARD”), one of the major global designers and shipbuilders of offshore and specialized vessels, has established a new subsidiary for ship design, engineering and sales activities in Canada. Vard Marine Inc. (“Vard Marine”) is a ship design and marine engineering company provi