Subsea
WATCH: Ecosse Subsea Systems Shows Off SCARJet Trencher
Ecosse Subsea Systems (ESS) has completed detailed design and manufacture, supported by a number of industry experts, in order to develop the SCARJet trencher. In November 2016 ESS announced it will invest up to £3 million in developing a water-jetting tool with potential to double trench production
Ocean Installer Clinches Johan Castberg Deal from Statoil
Ocean Installer has received a substantial contract from Statoil for marine operations on the Johan Castberg project in the Barents Sea. Johan Castberg is amongst the largest subsea projects ever to be developed on the Norwegian Continental Shelf. The field developments spans Skrugard, Havis and Dri
Minesto Takes Delivery of Deep Green Gravity Base Structure
Minesto has taken delivery of the gravity base structure foundation for its first commercial-scale installation of Deep Green technology. “With the delivery of the gravity base structure, we are making significant progress towards the first installation in Holyhead Deep,” said David Collier, COO of
Plexus Sells Jack-up Business to TechnipFMC
Plexus Holdings has completed the sale of its Jack-up Business and the licencing of certain intellectual property to TechnipFMC. TFMC will pay an initial net consideration of £14,1 million. An additional sum of up to £27,5 million is payable dependent on the future performance of the Jack-up Busines
Swire Seabed Strengthens Commercial Division
Swire Seabed has welcomed two new members to its commercial team – Mark Colbridge as commercial manager, Middle East & Asia Pacific and Are Nordahl as head of sales in Swire Seabed. Colbridge started in January 2018 and is based in Singapore at the newly established Swire Seabed Singapore office, ma
Vigor to Build Ocean Energy’s Wave Energy Convertor
Oregon‐based Vigor has secured a contract to build Ocean Energy’s wave energy convertor ‘OE Buoy’. Irish-based Ocean Energy will deploy the device at the US Navy’s Wave Energy Test Site off the Hawaiian Island of O’ahu in the fall of 2018. The contract value is $6.5 million out of a total project va
CGG Donates Software Suite to University of Oslo
CGG GeoSoftware has donated its Jason reservoir characterization software suite to the University of Oslo (UiO). UiO’s new seismic reservoir characterization package will enhance scientific research and expand the theoretical and practical knowledge of its students in quantitative reservoir characte
PGS Sinks Deeper on Impairments
Petroleum Geo-Services (PGS), reported net loss for the fourth quarter ended December 31, 2017 of $195 million versus $156 million in the prior-year quarter. Basic loss was 58 cents per share, narrowed from 61 cents per share same time last year. PGS generated revenues of $236 million for the Q4 201
Innospection Claims Longest Flexible Riser Inspection
Inspection provider for the oil and gas industry, Innospection, said it has become the first ever to complete an inspection of over 2000 meters of flexible riser in one inspection. The Aberdeen-based firm has inspected 2600 meters of flexible riser on a Shell Nigeria FPSO in the Bonga Field, as part
SBG Systems Adds Sales Engineer to Its North America Team
SBG Systems has named Chelsea Fairbank as sales engineer of its North America team. She will be based in Huntington Beach, CA, and will be in charge of the marine and education segments, the company informed. Chelsea started her career as hydrographic surveyor. During her 5 years with Fugro, she wor
Nord Stream 2 Gets Clearance for German Territorial Waters
Nord Stream 2 AG has received the construction and operation permit for the planned pipeline in German territorial waters and the landfall area in Lubmin, near Greifswald. The Stralsund Mining Authority issued the official approval for this approximately 55-kilometre-long section of the pipeline in
Modus Developing Offshore Wind Farm Subsea Autonomous Inspection
A Darlington-based subsea specialist has said it is developing a new approach to enable autonomous underwater vehicles (AUVs) to remain at offshore wind farm sites without a support vessel. According to the company, the move could shave £1.1 billion from the operating cost of Europe’s offshore wind
PSA Inspects Norne Field Subsea Facilities
Petroleum Safety Authority (PSA) Norway has inspected Statoil’s operation of subsea facilities and leak detection systems on the Norne field. The audit of the Norne field, located in the Norwegian Sea blocks 6608/10 and 6608/11, was conducted in collaboration with the Norwegian Environment Agency. T
EnQuest to Manage Decommissioning of Thistle and Deveron
EnQuest has agreed with BP to manage the decommissioning activities for Thistle and Deveron, located 275 miles north-east of Aberdeen, UK. The agreement follows EnQuest’s completion of the acquisition of 25% interest in the Magnus oil field from BP. Under the agreement with BP, EnQuest will receive