1. Subsea Industry Faces Escalating Costs, Subsea 7 Chairman Says The subsea industry is doing incredibly well, but is facing challenges such as escalating costs. This is the opinion of Kristian Siem, Chairman of Subsea7 and keynote speaker at UTC 2013. 2. Seven Viking Is Ship of the Year 2013 (Norw
GE, an American multinational conglomerate corporation, has recently published a video about a subsea listening system. https://www.youtube.com/watch?v=X1nkjZowEnY GE engineers have built the subsea listening system that can detect leaks from oil and gas well on the sea bed and monitor other equipme
Continuing IKM Testing’s International Divisions expansion strategy, IKM Testing Spain has recently established a new branch in Mexico under the name, IKM Testing Mexico S. of RL de CV, to provide the rapidly growing industrial project market in Latin America. The new company will have its headquart
QUADRANS is the latest gyrocompass manufactured by iXBlue. This product is based on the new 50 mm diameter fiber optic gyroscope (FOG50) developed internally by iXBlue. This product benefits from iXBlue research and development’s constant effort to improve performance and to increase the already unr
DONG Energy’s unit interest in one of its major assets, the Norwegian gas field Ormen Lange, has increased from 10.34% to 14.02%. The increase in DONG Energy’s unit interest is based on an agreed redetermination process initiated by the Ormen Lange partners and concluded in June 2013 in the form of
On Monday 13 May 2013 the Life Extension Program (LEP) for Walrus class submarines has officially started. During a meeting at the location of the Royal Dutch Navy in Den Helder (the Netherlands), commodore Hans Lodder and Sytze Voulon of Imtech signed the execution order. This order is a follow up
The first commercial offshore wind measurement campaign using floating LiDAR in European waters has kicked off in the Irish Sea. FLiDAR NV has deployed one of its innovative LiDAR buoys for DONG Energy in the southern East Irish Sea. DONG Energy, the world’s leading offshore wind developer, selected
The first R115, which is a machine rated at 99kW, will be launched in Pisa on June 19th at a marina inside the “Darsena dei Navicelli”. After final assembly, most likely towards the end of July, the machine will be towed to the Punta Righini WEP test site and will stay there for a few […]
A group of researchers from the Alfred Wegener Institute, Helmholtz Centre for Polar and Marine Research began their journey to South Africa yesterday. However this trip south is no summer holiday, but rather the start of a special journey: on Saturday, 8 June 2013 the research vessel Polarstern wil
Jee Ltd, a leading independent multi-discipline subsea engineering and training company, has appointed Nigel Ross as Business Development Director. Based in the company’s Aberdeen office, Mr Ross will be responsible for ensuring the business continues to meets its ongoing strategy for growth by furt
M-I SWACO, a Schlumberger company, today announced the introduction of the MD-2† dual-deck shale shaker. When combined with DURAFLO† composite screens, the MD-2 shaker provides optimal solids control performance for drilling applications. “As well construction costs continue to rise, today’s shale s
Reef Subsea announced that it will undergo a strategic group-wide restructure to position the company for further growth and future success. Duncan MacPherson, who previously held the role of Managing Director of Reef Subsea Norway, has been promoted as the CEO of Reef Subsea with the responsibility
Aban Offshore Limited has received a Letter of Award (“LOA”) from ONGC for deployment of drillship Aban Ice for a firm period of 3 years. The total value of the LOA is approximately USD 185 million (equivalent to Rs.1050 crores). The contract is expected to commence during the last quarter of calend
Chariot Oil & Gas Limited, the Atlantic Margins focused oil and gas exploration company, confirms that the Ministry of Mines and Energy, Namibia has approved a one year extension to the First Renewal Period for Block 2714A, held in partnership with Petrobras Oil & Gas B.V.(30%) (Operator), BP (45%)