Boskalis has acquired the remaining 37.5% in the UAE-based survey specialist Horizon. The acquisition follows the deal from earlier this year when Boskalis acquired 62.5% of the shares in Horizon. The 2019 revenue is expected to exceed USD 100 million and the activities will be consolidated as of 20
Subsea World News has put together a recap of the most interesting articles from the previous week (November 11 – November 17). This content is available after accepting the cookies. Change cookie-settings View on Subseaworldnews. Report Major Industry Move Ahead As Saipem And Subsea 7 Enter Merger
Subsea World News has put together a recap of the most interesting articles from the previous week (November 11 – November 17). https://subseaworldnews.com/2019/11/13/technipfmc-strikes-g1201-sale-deal/ This content is available after accepting the cookies. Change cookie-settings View on Subseaworld
The National Petroleum Construction Company (NPCC), a part of Senaat, owned by the Government of Abu Dhabi, has expanded its fleet with a new offshore and subsea construction vessel. The new vessel, Delma 2000, marks an investment of more than AED 330 million by NPCC to strengthen its service offeri
Polarcus has signed a memorandum of understanding with Arabian Geophysical and Surveying Company (ARGAS) to collaborate on seismic projects in the MENA region. Polarcus provides marine seismic acquisition capabilities and cloud-based priority processing services, while ARGAS provides regional expert
William Hackett has launched SSL5, incorporating its patented quad pawl (QP) mechanism – positioned as one of the safest offshore and subsea lever hoist. “It’s a piece of engineering innovation that will transform safety levels globally when lifting offshore and in subsea operations using lever hois
James Fisher Offshore (JFO) supports Saudi EPC business, NPCC to deliver time and cost savings in offshore decommissioning operations in the Middle East. According to JFO, its ultra-high-pressure (UHP) abrasive water jet internal cutting system has delivered NPCC a 60% reduction in overall cutting t
ROVOP is set to add new personnel to its Middle East base due to a rise in demand for its services. The company is looking for experienced ROV personnel to work from its Middle East Operational Centre in Dubai, delivering services including drilling support, inspection repair and maintenance and con
Subsea World News has put together a recap of the most interesting articles from the previous week (November 04 – November 10). This content is available after accepting the cookies. Change cookie-settings View on Subseaworldnews. Dof Grabs Several Contracts In Trinidad And Us Gom https://subseaworl
Innovo and Sparrows have completed a flexible lay spread contract for a major oil and gas, tier 1 contractor in Angola. The contract has been executed with Innovo’s Innodrive 700T electrical Reel Drive System (RDS) and a Sparrows tensioner integrated with under-deck carousel. The Innodrive RDS, desi
MOL has signed an agreement with Chevron Global Ventures and Chevron BTC Pipeline to acquire their non-operated E&P and mid-stream interests in Azerbaijan. The acquisition includes a 9.57% stake in the Azeri-Chirag-Gunashli (ACG) oil field, and an effective 8.9% stake in the Baku-Tbilisi-Ceyhan (BTC
Subsea World News has put together a recap of the most interesting articles from the previous week (October 28 – November 03). https://subseaworldnews.com/2019/11/01/onesubsea-bags-subsea-compression-deal-for-ormen-lange/ https://subseaworldnews.com/2019/10/29/mermaid-wins-middle-east-contract-exten
IMEWE (India-Middle East-Western Europe), the ultra-high capacity fiber optic submarine cable system, is deploying Ciena’s coherent optical solutions and automation software to address network capacity requirements in the region. Ciena’s solutions provide IMEWE with a network capable of delivering i
Mermaid’s joint-venture company in Middle East has secured a three-year contract extension for offshore inspection, repair and maintenance services with an oil and gas national company. The extension is in direct continuation to its initial seven-year contract period, whereby Mermaid will continue t
