Subsea
The Ocean Cleanup Marks Success in Great Pacific Garbage Patch
The Ocean Cleanup recently said that its System 001/B is successfully capturing and collecting plastic debris. After one year of testing, the Ocean Cleanup team succeeded in developing a self-contained system in the Great Pacific Garbage Patch that is using the natural forces of the ocean to passive
Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (September 30 – October 06). https://subseaworldnews.com/2019/09/30/subsea-7-wins-azerbaijan-double-with-bp/ https://subseaworldnews.com/2019/10/02/saipem-secures-wireless-subsea-drone-contract-from-eq
BP’s CEO Bob Dudley to Step Down
BP’s chief executive, Bob Dudley, has decided to step down as group chief executive officer and from the BP board of directors. Bob Dudley steps down after a 40-year career with BP and over nine years as group chief executive. He will retire on March 31, 2020, the company informed. In addition, the
Geoquip Saentis Finalizes Its First Geotechnical Job in North Sea
Geoquip Marine’s DP2 multi-purpose offshore support vessel, the Geoquip Saentis, has completed its first geotechnical campaign in the North Sea. The vessel started the work in June, following a major overhaul. Operations involved drilling over 2,000 meters and acquiring more than 1,400 high quality
Saipem Scores $145M Azerbaijan Hat-Trick
Saipem, in consortium with Boshelf and STAR GULF FZCO, has recently been awarded three new contracts by BP for the development of the Azeri-Chirag-Gunashli oil and gas (ACG) field offshore Azerbaijan. Located in the Caspian Sea at approximately 120 kilometres from the coast of Azerbaijan, the field
EMGS Vessel Activity Increases
Electromagnetic Geoservices (EMGS) has recorded vessel utilization of 73% for the third quarter 2019 compared with 29% for the third quarter in 2018. In the third quarter of 2019, the company’s vessels were allocated 73% to proprietary work and no time was spent on multi-client projects. In the comp
Subsea 7 Gets Pierce Contract from Shell
Subsea 7 has received a sizeable, between USD 50 million and USD 150 million, contract from Shell for the Pierce depressurisation project, located offshore Aberdeen, UK. The contract scope involves the engineering, procurement, construction, transportation and installation (EPCI and T&I) of a 30km g
EC-OG Board Gets Two New Members
Aberdeen-based subsea energy storage and energy generation specialist East Coast Oil and Gas Engineering (EC-OG) has recently appointed two new directors. Existing EC-OG employees Paul Slorach and Jonny Moroney have been promoted as business development director and projects director respectively. E
Shell Authorizes Pierce Gas Project in North Sea
Shell and its partner Ithaca have taken a final investment decision on the Pierce Depressurisation Project in the UK Central North Sea. The move will enable Shell to start exporting gas from the Pierce field, which lies around 265 kilometers east of Aberdeen in Blocks 23/22a and 23/27 of the UK Cont
GC Rieber Secures Polar King Charter Extension with Nexans
GC Rieber Shipping (RISH) has agreed a charter extension for the CSV Polar King with Nexans Skagerrak, a wholly owned subsidiary of Nexans Norway. The charter for the vessel was extended by four months. The extended period will be in direct continuation of the ongoing charter, which started in Janua
RPS Buys UK Software and Tech Consultancy RIL
RPS, a global professional services firm, has acquired UK software and technology consultancy Reservoir Imaging Ltd (RIL) in a £4 million deal to further strengthen its services in the oil and gas sector. RIL, an established seismic software services consultancy based in Edinburgh, Scotland, deliver
Solveig Gas Acquires Stake in Polarled Pipeline from Wintershall Dea
Solveig Gas has acquired a 13.255% stake in the Polarled gas pipeline from Wintershall Dea. Polarled is the first pipeline on the Norwegian continental shelf crossing the Arctic Circle. The 482-kilometer long and 36-inch wide pipeline runs from Nyhamna in western Norway to the Aasta Hansteen field i
Subsea 7 Acquires 4Subsea
4Subsea, provider of technology and services to oil & gas and offshore wind operators worldwide, has been acquired by Subsea 7 in a 100% stock buyout. 4Subsea will function autonomously within Subsea 7, maintaining an independent brand and management team. 4Subsea’s Peter Jenkins will continue in hi
Seabird Names New Chairman of the Board
Seabird Exploration’s board of directors has appointed Ståle Rodahl as chairman of the board. The appointment is effective from October 02, 2019, the company informed. Ståle Rodahl has replaced Heidar Engebret who resigned from the board of directors in September. Consequently, SeaBird’s board of di