Subsea
IHC, ZPMC Sign AHC System Delivery Contract
IHC Merwede has announced that it has signed a new contract for the EPC (engineering, procurement and construction) delivery of an Active Heave Compensation (AHC) system. This advanced equipment will be designed, built and supplied as a reliable solution for the deepwater subsea installation of heav
JAMSTEC Presents Progress Report on QUELLE2013
In an effort to study a variety of marine organisms which have evolved to live in extreme environments, the Japan Agency for Marine-Earth Science and Technology (JAMSTEC), led by President Asahiko Taira, has begun a project called QUELLE2013. This project began in January 2013, using the manned rese
Marin Teknikk to Design Oceaneering’s Subsea Vessel
Marin Teknikk AS has entered into a contract with BAE Systems for delivery of design & engineering of a Subsea Support & Construction Vessel to Oceaneering International Inc. The vessel is to be built by BAE Systems Southeast Shipyard in Alabama, USA, and will be ready for delivery by the end of the
VolkerWessels Wins Solent Submarine Cabling Deal
A specialist joint venture between VolkerWessels sister companies VolkerInfra and VSMC has been awarded a £13m contract by Southern Electric Power Distribution (SEPD) to design, supply, install, connect and precommission test approximately 5.7km of 132kV (extra high voltage) XLPE electricity submari
GBR – Water Quality Investigations Needed
Environment group Save the Reef says the new federal Minister for the Environment, Greg Hunt, should reconvene the Independent Review of the Port of Gladstone given the latest revelations about water quality in the harbour. A Gladstone Ports Corporation report from September-October 2011 has confirm
Market & Submarine Fiber Cable 2016 Report Released
Global LTE Base Station market is forecast to grow at a CAGR of 49.5% over the period 2012-2016. One of the key factors contributing to this market growth is the inexorable rise of data. The Global LTE Base Station (eNodeB) market has been witnessing the deployment in the re-farmed spectrum. However
Schlumberger Releases 2013 Third-Quarter Results
Schlumberger Limited reported third-quarter 2013 revenue of $11.61 billion versus $11.18 billion in the second quarter of 2013, and $10.50 billion in the third quarter of 2012. Income from continuing operations attributable to Schlumberger, excluding charges and credits, was $1.71 billion—an increas
Subsea 7 Wins Two Contracts from Petrobras Offshore Brazil
Subsea 7 S.A. announced the award of two contracts with a combined value (at the time of contract signature) in excess of US$600 million from Petrobras. The contracts are for operation of the Pipelay Support Vessels (PLSVs) Seven Mar and Seven Condor on a day rate basis for approximately three years
Top News of the Week of Oct 14 – Oct 20, 2013
FMC Technologies Bags Subsea Systems Contract (Ghana) FMC Technologies, Inc. announced today that it has received an order from Tullow Ghana Limited to supply subsea systems for its Tweneboa-Enyenra-Ntomme Development (TEN Project) offshore Ghana. VIDEO: Float-On and Transport of Costa Concordia Onb
Atlas Services Secures Statoil Deal
Statoil has awarded Atlas Services Group with a framework agreement regarding the provision of drilling and well technology professionals. The five-year contract, which covers Statoils’ operations in Norway but may also be utilised globally, will commence in January 2014. Christian Christiansen, Dir
Hydrex Conducts Underwater Stern Thruster Removal in Cameroon
To save time and money for the owner of a 69-meter offshore supply vessel, Hydrex removed the stern thruster of the ship and installed a new unit during the vessel’s stop in Limbee, Cameroon. By carrying out both parts of the operation underwater the ship could continue its commercial activities and
Hydrex Carries Out Bow Thruster Blade Replacement in Rotterdam
In September Hydrex has carried out bow thruster blade replacements on a 366-meter container ship in Rotterdam. The speedy repair was done during unloading. Our divers performed the operation underwater using one of our own workboats based at the Antwerp depot. This made it possible for the owner to
FMC Technologies Announces Retirement of President
FMC Technologies, Inc. announced that its President, Robert L. Potter, will retire from the company on November 30, 2013. John T. Gremp, Chairman and CEO of FMC Technologies, will assume the role of President in addition to his current responsibilities. Potter, 62, has been a key contributor to the
EMGS Secures Major 3D EM Contract
The EMGS West Africa Letter of Intent which was referred to in the stock exchange release of 13 September 2013 has resulted in a signed contract. Electromagnetic Geoservices ASA (EMGS) has exchanged a contract worth USD 8 million with Maersk Oil Angola. It is expected that the 3D electromagnetic dat