Subsea World News has put together a recap of the most interesting articles from the previous week (August 21 – August 27). Total is set to acquire Maersk Oil & Gas, a wholly owned subsidiary of A.P. Møller – Mærsk, for $7.45 billion in a share and debt transaction. Under the agreed terms, A.P. Møll
Baku Shipyard has completed sea trials of the subsea construction vessel (SCV) ‘Khankendi’, that is being built under Shah Deniz Stage 2 project. The trials took place over a six weeks period in the Caspian Sea, the company said. Maritime experts executed more than 120 different tests designed to ev
Sonardyne International, UK, has informed that its underwater intruder detection sonar technology, Sentinel, has been installed on the site of a new Critical National Infrastructure (CNI) facility in the Middle East to monitor unauthorised access from the sea. The programme of work included the supp
Subsea World News has put together a recap of the most interesting articles from the previous week (August 14 – August 20). BP Trinidad and Tobago (BPTT) announced first gas from the Juniper development, the fifth of BP’s seven upstream major project start-ups planned for 2017. The project is expect
KBR has been awarded a project management consultancy (PMC) contract by Occidental of Abu Dhabi Ltd. on behalf of Abu Dhabi National Oil Company (ADNOC) for management of the front end engineering and design services (FEED) phase of the Dalma gas field development and the detailed design and surveys
Abu Dhabi Investment Group (ABDIG), a private investment group from Abu Dhabi, has acquired 62.5% stake in Fiber Prime Telecommunications. ABDIG said it is planning to invest up to $5 billion in subsea cable projects and will restructure FPT to become a top tier worldwide subsea cable company. “We l
Saudi Aramco has acquired Teledyne Offshore Surveyor AUV system. The Gavia AUV system is expected to enhance Saudi Aramco’s agility in meeting high demands for hydrographic survey services through the company’s in-house survey operations. The Gavia system will be utilized predominantly for debris su
Mermaid Maritime has recently been awarded two subsea contracts with a combined estimated value of USD 4.6 million. The first contract award, with work scheduled to begin in the third quarter of 2017, will involve a short ROV campaign for pipeline touchdown monitoring for an international EPCIC cont
WorleyParsons has been awarded the project management and front end engineering and design (FEED) services for Saudi Aramco’s Marjan oil field development program. The contract is the offshore oil and gas facilities portion and the onshore upstream and downstream pipelines portion of Saudi Aramco’s
Polarcus, a Dubai-based seismic contractor, has recorded a drop in its vessel utilization during the second quarter of 2017. Quarterly vessel utilization declined to 75 percent from 91 percent in the second quarter of 2016. “The low utilization of 75 percent in Q2 2017 was guided during the quarter
Saipem has been awarded a new E&C offshore contract by Saudi Aramco for engineering, procurement, construction and installation (EPCI) activities and trunklines & installation ( T&I) works in Saudi Arabia, under the long-term agreement in force, renewed in 2015 until 2021. The scope of work includes
Subsea World News has put together a recap of the most interesting articles from the previous week (June 26 – July 02). Subsea 7 has acquired certain businesses of EMAS Chiyoda Subsea (ECS). The acquisition, under a US bankruptcy code Chapter 11 Plan of Reorganisation, was confirmed by the U.S. Bank
The team on the Bahrain-based minehunter HMS Bangor has found and recovered a large sonar lost during the latest Anglo-French-US exercise in the Gulf, Artemis Trident. The Brits were asked to assist the US Navy when one of its sonar buoys towed by MH-53 Sea Dragon helicopter became detached and disa
Subsea World News has put together a recap of the most interesting articles from the previous week (June 19 – June 25). Aquaterra Energy has won a contract to supply subsea high pressure riser (HPR) equipment and services for a subsea abandonment project in the central North Sea. The multi-million p
