INNOVO has delivered two of it’s newly introduced Powered Reel Drive Systems, the INNODRIVE-600, for Saipem’s Shah Deniz 2 project in Azerbaijan. The flexible design characteristics of INNOVO’s Powered Reel Drive System allow the units to operate from a variety of vessel types and sizes so improving
Diver detection sonar technology developed by Sonardyne International Ltd, UK, has played a part in an international exercise organised to train naval forces in mine countermeasures, maritime security operations and harbour protection operations. The International Mine Counter-Measures Exercise (IMC
E-marine, a provider of submarine cable installation and repair solutions in the Middle East and Sub-Continent region, has unveiled plans to expand its fleet of cable ships in 2015, with the first ship, the CS Maram, beginning dock trials ahead of its maiden voyage this year. The CS Maram, which was
McDermott International has been awarded a contract for a new jacket, temporary deck and replacement umbilical by Qatar Petroleum for the North Field Alpha gas development, offshore Qatar. According to the company, work is expected to be executed through the second quarter of 2016 and will be includ
McDermott has been awarded initial work for a significant power supply system replacement contract by Saudi Aramco for the Marjan field, offshore Saudi Arabia. Work is expected to be executed through the fourth quarter of 2016 and will be included in McDermott’s first quarter 2015 backlog. The overa
Seatronics Ltd Abu Dhabi, an Acteon company, has been appointed as a distributor of SBG Systems’ products in the Middle East region, effective Jan. 2015. This is a significant development for Seatronics Abu Dhabi, enabling it to expand its scope of product supply to customers and bringing the latest
Subsea World News has put together a recap of the most interesting articles from the previous week (February 16 – February 22). French oil services provider, Technip, has recorded net income drop of 40% in the fourth quarter after adjusted non-current items, despite revenue growth. The Company’s adj
The largest treasure of gold coins discovered in Israel was found in recent weeks on the seabed in the ancient harbor in Caesarea National Park. The group of divers from the diving club in the harbor found the lost treasure. According to them, at first they thought they had spotted a toy coin from a
Saipem, through its subsidiary ERSAI Caspian Contractor LLC, has been awarded new Engineering & Construction contract for the Kashagan field project, located in the Kazakh waters of the Caspian Sea, valued at approximately $1.8 billion. The North Caspian Operating Company (NCOC) has awarded Saipem a
Polarcus informed that Rod Starr has assumed the role of Chief Executive Officer, effective today. Commenting on his appointment, Rod Starr, CEO Polarcus, said: “I am delighted to be appointed as Polarcus’ new CEO and very excited to be joining such a progressive company. Since its launch in 2008, P
Norwegian ocean-bottom seismic specialist, Magseis, has secured a deal with BGP Arabia Co. Ltd for a pilot survey for the Saudi Arabian Oil Company (Saudi Aramco). According to Magseis, the survey will be conducted in the Red Sea and should last until the end of February. This is the company’s secon
Nautilus Minerals has pre-paid US$10 million of the US$18 million charterer’s guarantee that was to be provided to Marine Assets Corporation (MAC) on the start of the charter of the vessel, which is to be first deployed for use at the Company’s Solwara 1 Project. Under the terms of the Company’s ves
During their transit to the Middle East in November and December 2014, the crew of HMAS Success assisted the Commonwealth Scientific and Industrial Research Organisation with their global Argo program. This innovative project aims to gather up ocean data using robotic floats. Success supported this
DRAGFLOW has delivered a specifically designed machine to one of the contractors in the oil and gas industry, in order to remove sand from seabed and allow the oil pipes’ maintenance. DRAGFLOW attached, by a steel structure, 2 Hydraulic Pumps, HY85, to a shell, that was designed and created, to cove
