Flowline Specialists FZE, the United Arab Emirates arm of Flowline Specialists, and Motive FZC, a part of Motive Offshore, have joined forces on projects in the Middle East and North Africa. The move will see Flowline Specialists FZE and Motive FZC jointly bid on projects in the region, providing a
Polarcus has informed that its chairman of the board, Peter Rigg, will be retiring with effect from the annual general meeting (AGM) on May 10, 2018. Peter Rigg served as chairman of the board since Polarcus’ inception in 2008. Polarcus’ nomination committee has now nominated Michael Mannering to su
Seabed Geosolutions, a joint venture between Fugro and CGG, has received a contract for an ocean bottom seismic (OBS) project in the Middle East. The survey to acquire high quality 3D seismic data is planned to start in the fourth quarter of 2018. According to Fugro, the contract has a value of arou
Subsea World News has put together a recap of the most interesting articles from the previous week (April 09 – April 15. https://subseaworldnews.com/2018/04/10/subsea-7-scoops-up-nigeria-pipeline-project/ https://subseaworldnews.com/2018/04/10/bp-starts-alligin-and-vorlich-fields-development-awards-
Subsea World News has put together a recap of the most interesting articles from the previous week (April 02 – April 08). https://subseaworldnews.com/2018/04/03/reach-subsea-secures-work-for-three-vessels-in-north-sea/ https://subseaworldnews.com/2018/04/04/dcn-set-for-middle-east-job/ https://subse
DCN Diving, the Dutch subsea service specialist based in Bergen op Zoom, said it is currently mobilising on the dive support vessel (DSV) Normand Baltic in Port Rashid, Dubai. The DP2 DSV, which has been on a long-term charter with DCN for subsea duties offshore Middle East and Asia, is set to sail
TechnipFMC has been awarded an integrated Engineering, Procurement, Construction and Installation (iEPCI) contract by Energean for the Karish full field development, offshore Israel. The execution of this iEPCI contract covers the design, procurement, construction and installation of the complete su
The introduction of Innovo’s Electric Drive Lay Spread (EDLS) system in the Middle East is a milestone in the SURF world.
Bibby Offshore has secured three individual multi-million pound contract wins with an oil and gas supermajor. The initial contract will see Bibby Offshore complete riser replacement works including a production/test riser and riser buoy connector pipe change-out at one of the client’s oil fields, si
Subsea 7 has been awarded a substantial contract by BP for the provision of subsea inspection, repair and maintenance (IRM) services on both the Azeri-Chirag-Gunashli (ACG) and Shah Deniz (SD) fields, offshore Azerbaijan. Subsea 7 has defined the substantial contract as being between USD 150 million
Subsea World News has put together a recap of the most interesting articles from the previous week (March 05 – March 11). https://subseaworldnews.com/2018/03/05/oceaneering-buys-ecosse-subsea/ https://subseaworldnews.com/2018/03/06/saipem-cuts-deficit-full-year-guidance-misses-expectations/ https://
Energean Oil & Gas in Israel has signed a secured Senior Credit Facility that will provide funding for Karish and Tanin fields development. In addition, the company also signed a contract with TechnipFMC for the construction of an FPSO for the project. The company signed the Senior Credit Facility o
Unique Group has added underwater laser scanners from Newton Labs to its line of subsea technology. The Newton underwater laser scanners provide images and 3D modeling of subsea structures and the seabed and are part of a wide range of products with scanning ranges out to 10 meters and resolutions t
Polarcus has taken over ownership of Polarcus Nadia and Polarcus Naila following the finalization of restructuring. In January 2018 Polarcus launched an equity private placement and announced a financial restructuring, which was subject to the satisfaction of certain closing conditions, including th
