Subsea
OGIC in New Technology Push
The Oil & Gas Innovation Centre (OGIC) has signed its 75th project, taking its total investment into innovative technology over the last four years to £3.8 million. The latest project comes as OGIC finalises agreements on five new technologies, all of which have the potential to cut operational cost
Aker BP Names Senior Vice President Exploration
Aker BP has appointed Evy Glørstad-Clark as senior vice president Exploration. Evy Glørstad-Clark will also be part of the executive management team of Aker BP, the company informed. She currently holds a position as asset development manager for NOAKA, and has been with the company since 2011. She
Saipem and Curtiss-Wright in Subsea Pumps Pact
Curtiss-Wright has signed an exclusive cooperation agreement with Saipem for barrier fluid-less subsea pump technology for water treatment and injection applications. The development of the barrier fluid-less pump is a derivative technology application of Curtiss-Wright’s commercial nuclear expertis
Magseis Wins North Europe Contract
Magseis has entered into a service agreement for an operation with its proprietary MASS nodes and MASS modular handling system including seismic data QC and navigation support for a project in North Europe. The contract will start imminently and last for approximately 3 months. Magseis CEO, Per Chri
Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (July 09 – July 15). https://subseaworldnews.com/2018/07/09/rovop-eyes-further-growth/ https://subseaworldnews.com/2018/07/10/m2-subsea-nets-10m-in-six-months/ https://subseaworldnews.com/2018/07/11/rr
Supreme Court Drops PGS Charges Against Armada
The Supreme Court has dismissed claims of €9 million from PGS against Armada in connection with the delivery of 3D seismic vessel Polar Duchess. Earlier this year PGS Geophysical (UK) appealed Gulating Court of Appeal`s decision in favor of GC Rieber Shipping’s subsidiary. To remind, in 2012 Arrow (
Dril-Quip in Sea Lion Deal with Premier Oil
Dril-Quip’s European subsidiary, based in Aberdeen, has entered into a letter of intent with Premier Oil to provide subsea production systems for the Sea Lion Phase 1 development located offshore the Falkland Islands. The scope of work includes plans for 23 subsea production systems, including wellh
Balticconnector Excavation Work Set to Begin in Finland
Baltic Connector Oy is set to start the excavation work for the Balticconnector offshore pipeline in Inkoo, Finland, as a part of the preparatory work for the installation of the pipeline. The first excavation work will be carried out in front of Fjusö in Inkoo with the dredging of the seabed and th
Kvaerner to Prepare Njord A for Fenja
Equinor has awarded Kvaerner an additional scope at Njord A to enable the platform to receive oil from the Fenja field. The additional scope has an estimated value of approximately NOK 500 million. In March 2017, Kvaerner signed a contract with Equinor for the complete upgrading of the Njord A float
Akastor Reduces Quarterly Deficit
Oilfield services investment company Akastor recorded loss of NOK 251 million ($31 million) for the second-quarter 2018 compared to loss of NOK 321 million ($40 million) same time in 2017. Akastor generated profit of NOK 121 million from continuing operations. However, the result for the second quar
Tekmar Energy in New Wins with Orsted
Tekmar Energy has secured an order from Ørsted to supply its patented cable protection system (CPS) TekLink Mecahnical Latch for Borssele I and II offshore wind farm projects. Alongside the order, Tekmar has also won a place on Ørsted’s 6-year framework for providing cable protection system on its f
Saga Subsea Expand at Killingøy Base
Saga Subsea has entered into a 10-year rental agreement with Karmsund Port Authority to for Hall C at Killingøy offshore and subsea base, where the company operates since its establishment in 2011. The hall contains 200m2 of office space, 870m2 workshop and 200m2 outdoor area. Saga Subsea already ha
European Commission Sees EC-OG as Rising Stars
EC-OG were this month named as ‘Rising Stars’ in the European Business Awards for the Environment. After being shortlisted to represent the UK, EC-OG’s Subsea Power Hub was put forward in the ‘Product’ category to the European Business Awards for the Environment jury. With 161 applications from 19 d
TUC Relaunches Closed Bell Course
The Underwater Centre, has become the world’s only commercial diving school to offer a closed bell saturation diving system with a self-propelled hyperbaric lifeboat (SPHL), following a major refurbishment. Thanks to investment and support from the global oil and gas sector, The Underwater Centre re