Subsea
EMGS Wins Further Work Offshore Indonesia
Norwegian Electromagnetic Geoservices (EMGS) has confirmed a second contract award for a prefunded multi-client acquisition offshore Indonesia. The contract has a minimum gross contract value of USD 1.0 million. The company received Letters of Intent for two contracts in November. The first contract
ROVOP Grows ROV Fleet with New Funding Boost
ROVOP will increase its fleet by 50% following a funding boost of £56 million from Blue Water Energy and BGF. The funding has enabled the company to increase its fleet to 24 remotely operated vehicles (ROVs), with the new assets being acquired from Tidewater in Houston. Steven Gray, the CEO said: “T
Eni Starts Gas Production from Egypt’s Zohr Field
Eni has started production of the first gas from the giant Zohr field, in the Shorouk Block, offshore Egypt. The Zohr gas field was discovered by Eni in August 2015 and is estimated to have a total potential of up to 30 trillion cubic feet of gas in place. It is the largest gas discovery […]
Global Marine Launches New Business Unit
Global Marine Group (GMG) has launched a new business unit, Global Offshore, that will deliver trenching and power cable laying services to the oil and gas sector. Operating from base in Aberdeen, Scotland, managing director Mike Daniel leads the Global Offshore team. Global Offshore’s assets includ
TechnipFMC’s Subsea Equipment for VNG’s Fenja Field
TechnipFMC has received an integrated Engineering, Procurement, Construction and Installation (iEPCI) contract from VNG Norge. The contract covers the provision of subsea equipment including umbilicals, risers, flowlines and the subsea production system for the Fenja project, previously known as Pil
Subsea World News Launches New Mobile Website
Subsea World News has launched a new mobile version of the website. The use of mobile phones is increasing fast, so we want our readers to have the best possible experience when using the Subsea World News website on smaller screens. Anne Visser, business unit manager at Navingo, said: “The use of m
Repsol Delivers New Plan for Yme Development
Repsol has submitted a revised plan for development and operation (PDO) of the Yme field to the Norwegian Ministry of Petroleum and Energy. The revised PDO is based on re-use of existing facilities to the extent possible, a new wellhead module on top of the existing caisson and the lease of the a mo
Subsea UK Reveals 2018 Business Awards Finalists
Subsea UK has announced the finalists of its 2018 business awards. Among the finalists, JDR Cable Systems, Tekmar Energy and Caley Ocean Systems are in the running to win the Subsea Company of the Year award, sponsored by SMD. In the Global Exports award category, STATS Group, Tekmar Energy and Mari
VNG Submits Fenja Field Plan for Development and Operation
VNG Norge has submitted a Plan for Development and Operation (PDO) of the Fenja field to the Norwegian Ministry of Petroleum and Energy. Fenja will be developed with two subsea templates with six wells, three producers, two water injectors and one gas injector, connected to the Njord A platform for
DOC-Swan Hunter Delivers First Cable Spooling in Vlissingen Yard
DOC-Swan Hunter, a joint venture partnership between Dutch Offshore Contractors and Swan Hunter, has completed spooling operations for their first onshore cable storage project at the newly established storage & cable spool yard in Vlissingen, The Netherlands. The re-scheduled and expedited project
Expro Files for Chapter 11 Bankruptcy
Oilfield services company, Expro, has filed for Chapter 11 bankruptcy as part of the next step in its financial restructuring. As previously disclosed, the company has reached an agreement with its key lenders and shareholders to eliminate its entire $1.4 billion of funded debt and $80 million in an
Kongsberg Launches New Multibeam Echo Sounder
Kongsberg has released a new 30 kHz multibeam echo sounder system, the EM 304, used for high resolution seabed mapping from depths of 10 meters to 8000 meters. As part of a new EM technology platform designed for future challenges, the EM 304 is compatible with a new Kongsberg developed datagram for
Aker BP Invests in Norwegian Fishbones
Aker BP has acquired a 17% stake in the Norwegian company Fishbones AS. Fishbones is an unconventional stimulation technology applied to increase the production rates in tight reservoirs, Aker BP explained. The Fishbone concept was initially developed for a field trial at Valhall from 2008 to 2012,
Eni Restarts Goliat Oil Production
Eni Norge has resumed production of oil on Goliat on December 17, 2017. Maintenance and modification work has been conducted during a planned campaign during this fall. Furthermore, Eni Norge said it has completed work following an order related to the electrical system issued by the petroleum autho