Subsea
WFS Technologies Wins Industry Award
WFS Technologies has been honoured with an industry award after winning Oil & Gas UK’s Business Innovation accolade for its Seatooth technology. The Seatooth technology enables the automation and digitalization of subsea assets through its ability to communicate through steel, ground, sea water and
ASN Delivers First Phase of Jahan Sverdrup PRM Project
Alcatel Submarine Networks (ASN) has recently installed and commissioned the first phase of the permanent reservoir monitoring (PRM) system for the Johan Sverdrup field, operated by Equinor in the North Sea. The Optowave PRM system has acquired data during the first seismic data acquisition campaign
Transmark Subsea Represents DeepSea Power & Light in Nordics
Bergen-based Transmark Subsea has become the new representative for DeepSea Power & Light in the Nordics. DeepSea’s underwater lighting, cameras, batteries and PRV’s aligns well with Transmark Subsea’s expansion strategy in the region, the company said. The combined forces of both companies’ teams o
Green Light for Ærfugl Phase 2
Partners in the Ærfugl field development in the Norwegian Sea have decided to move forward with Phase 2 of the project, three years ahead of the original plan. The Ærfugl field, which produces via Skarv FPSO, is one of the most profitable development projects on the Norwegian shelf with a break-even
Highlights of the Week
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
Baker Hughes Bags Apache Subsea Deal
Baker Hughes said that is has been awarded a multi-year subsea frame agreement by Apache’s North Sea subsidiaries. The deal will see Baker Hughes deliver a suite of subsea equipment and services including six trees, wellheads and an associated service package. Romain Chambault, Europe director, oilf
Horizon Geosciences Deploys Geotechnical Spread in Poland
Horizon Geosciences has recently mobilized its K3 offshore geotechnical site investigation spread on its first project offshore Poland. The rig has been mobilized to DP2 vessel Kommandor Susan owned and operated by Hays Ships. Horizon’s K3 geotechnical drilling system is the fourth offshore heave co
EMGS Swings to Profit
Norwegian geophysical services company EMGS has returned to profit as revenues hiked more than fourfold for the period ended September 30, 2019. The Oslo-listed company reported profit for Q3 2019 of $5.1 million or 4 cents per share, versus loss of $11.2 million in Q3 2018. Revenues for the quarter
SeaBird in Strategic Overhaul as Loss Continues
Oslo-listed SeaBird said it will focus on a more asset-light and flexible business model after recognizing a continuous widened quarterly loss. For the period ended September 30, 2019, seismic player booked loss of around $5.1 million, compared to loss of $4.6 million in the corresponding period in
Helix Takes Delivery and Names Q7000 Well Intervention Vessel
Helix Energy Solutions has taken delivery of Q7000 well intervention semi-submersible rig from Sembcorp Marine, and held its naming ceremony together with Huisman. Measuring 93.6m in length and 61.1m in breadth, the Q7000 was jointly designed by Sembcorp Marine and Helix. The vessel can perform a wi
UNITECH Cable and Grid Connection for Tetraspar Demonstrator Project
Tetraspar Demonstrator Project has signed a supply contract with UNITECH Offshore for a dynamic power cable and grid connection for the full-scale floating wind turbine demo outside Karmøy 2020. Tetraspar Demonstrator Project is a joint project for the demonstration of the TetraSpar floating wind tu
Innovo and Sparrows Deliver West African Flexible Lay Spread
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
Pandion Energy Sells Duva Field Stake
Pandion Energy has agreed to divest its 20% stake in the Duva field through two transactions, one with PGNiG Upstream Norway and one with Solveig Gas Norway, each acquiring a 10% share in PL 636 and PL 636B. The Duva oil and gas field is located in the northern North Sea and was discovered in [&hell
Deep Casing Tools Appoints New Product Line Manager
Aberdeen-based well technology company, Deep Casing Tools (DCT), has bolstered its capability in the plug and abandonment (P&A) sector with the appointment of Alan Glen as product line manager for Casing Recovery Systems. This new position has been created to focus on bringing DCT’s highly anticipat