Subsea
NOV to Provide Flexible Pipes for Balder Field
NOV Flexibles and Ocean Installer have signed a contract for the supply of flexible pipes and ancillaries for the redevelopment of the Vår Energi-operated Balder field on the Norwegian continental shelf. The contract covers more than 90 km of flexible pipe systems, including 10 dynamic risers, five
CGG to Conduct Largest OBN Survey in UK CNS
CGG has taken on a new project to deliver the largest OBN multi-client survey ever conducted in the UK Central North Sea (CNS). Planned to start in early 2020, the survey is being prefunded in part by BP. In the first phase of this multi-year program, CGG aims to acquire over 2,000 sq. km of [&helli
SeaBird Board Member Resigns
SeaBird, a global seismic services provider, has announced a resignation of its board member Olav Haugland. Olav Haugland has a broad business experience from 25 years of CFO responsibilities in the shipping and oil service industries. He has held executive positions both within public companies suc
DOF Takes Full Ownership of DOF Subsea
Norwegian offshore services group DOF has entered into an agreement to purchase 35 per cent of the subsidiary DOF Subsea for NOK 20 million ($2.2 million). The acquisition is closely associated with the ongoing refinancing of DOF Subsea, the Oslo-listed offshore support vessel contractor said on Mon
Magseis Fairfield Participates in New Multi-Client Project
Magseis Fairfield has entered into an agreement with an unnamed multi-client company to participate in a multi-client project, expected to start late in the first quarter of 2020. “This is the first phase of a multi-year campaign which will bring industry leading nodal acquisition and data processin
Terna Inaugurates Italy – Montenegro Power Link
Terna, the company that manages the Italian electricity grid, has inaugurated new power line that will connect Italy with Montenegro and, therefore, connect the Balkans to Europe for the first time. The power line, linking Cepagatti and Kotor, was inaugurated in the presence of the president of the
Report: Major Industry Move Ahead as Saipem and Subsea 7 Enter Merger Talks
Saipem is reportedly considering a merger deal with market competitor Subsea 7 to create a larger oilfield services player. Such a merger would create the fourth-largest oilfield service company, after Schlumberger, Halliburton and Baker Hughes, Norway-based energy research and business intelligence
Fugro Set for Neart na Gaoithe Geotechnical Surveys
Fugro is set to begin geotechnical surveys over the Neart na Gaoithe (NnG) offshore wind farm export cable corridor in UK. The survey work will be carried out using Fugro’s ‘walking’ jack-up barge, Wavewalker 1, which will be towed to site by the Neptun 10 tug. The jack-up barge will be both towed b
Highlights of the Week
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
IKM Scoops Up Johan Sverdrup Phase 2 Project
IKM Ocean Design has been awarded Johan Sverdrup Phase 2 pipeline and umbillical detail engineering contract. The contract is a continuation of IKM Ocean Design’s long-term involvement in the Johan Sverdrup project, where the company has been involved in all project stages for both Phase 1 and Phase
EDS Gets New Managing Director
High voltage engineering specialist EDS, part of James Fisher and Sons, has appointed Ryan Henderson as its new managing director. Henderson will become managing director on 1 January 2020 at which point Ken Ritson, current MD and founder of the business will take up a new role as a non-executive di
Equinor Hands Out Inspection Services Contracts in Norway
Equinor has selected several suppliers for inspection services on all offshore installations on the Norwegian continental shelf and onshore plants in Norway. Along with the previously announced contract by Aker Solutions, Equinor has also selected Axess, Oceaneering Asset Integrity and IKM Operation
Aker Solutions Launches Subsea Gas Separation JIP
Aker Solutions, along with a group of leading oil and gas operators, has launched a joint industry project with the aim of making subsea gas separation a reality. Using CO2 injection to increase recovery rates in offshore oil and gas fields can improve the economics of a field significantly, but so
Installit Bags DeepOcean Contract
Installit has secured a long term contract with DeepOcean for three full time senior project engineers. The assignments consist of providing engineering services for installation and replacement of umbilical and flexible risers on floating platforms on the Norwegian Continental Shelf. “Installit is