Subsea
M2 Subsea Boosts European Business Development Team
M2 Subsea has appointed David Sinclair as business development manager – renewables and decommissioning. Based in Aberdeen, David will be responsible for leading the company’s business acquisition strategy for both these sectors in the UK Continental Shelf (UKCS) and Europe. Sinclair joins M2 Subsea
CGG Looks for New Boss as Malcor Leaves Helm in Q1 2018
French seismic player CGG has informed that its chief executive officer, Jean-Georges Malcor, will step down from the position once the restructuring process of the company is completed. The announcement follows the favorable decision of the Paris Commercial court approving the safeguard plan of CGG
Aker Solutions Grabs Johan Castberg Work Worth USD 480M
Aker Solutions has won work to support Statoil in development of the Johan Castberg field, the largest oil discovery in the Norwegian Barents Sea. The company will supply subsea production system and design the topside of the floating production, storage and offloading (FPSO) facility, which will be
Statoil Files Johan Castberg Plan, Awards Major Subsea Deal
Statoil has submitted the PDO (plan for development and operation) for the Johan Castberg project on behalf of the partnership with Eni and Petoro. Several major contracts will also be awarded to Norwegian industry. “This is a great day! We have finally succeeded in realising the Johan Castberg deve
Magseis Appoints Acting CEO
Norwegian seabed seismic services player Magseis has appointed Per Christian Grytnes as the company’s acting CEO. He replaces Idar Horstad who has resigned as CEO of Magseis for personal reasons. “The Board would like to thank Mr. Horstad for the work he has done for Magseis over the past year and w
JFD and Vanguard Deliver First Two ‘Safety-Advanced’ SPHLs
JFD said it has delivered the first two lifeboats which form part of the company’s new safety-advanced range of self-propelled hyperbaric lifeboats (SPHLs). In February 2016, JFD won a multi-million-pound contract to design and manufacture six SPHLs; four 18-man and two 24-man, as part of the satura
Robert Gordon University Introduces Decommissioning Simulator in UK
Aberdeen’s Robert Gordon University (RGU) has launched a decommissioning simulator to service the growing sector. RGU, in collaboration with funding partners The Oil and Gas Technology Centre, KCA Deutag and Drilling Systems, with technical support from Baker Hughes, a GE Company (BHGE), has establi
Beatrice OWF Piles Installation Complete
Beatrice Offshore Windfarm Ltd (BOWL) informed that Seaway Heavy Lifting’s Stanislav Yudin vessel has installed a final set of offshore foundation piles at the Beatrice offshore wind farm. The work has seen 86 sets of four piles installed at the wind farm site in the Outer Moray Firth. Following the
Naval Energies Plans to Reduce Headcount
Marine renewables developer Naval Energies has decided to streamline its personnel of circa 100 people in order to secure the development of the company, consolidate its growth and support its teams. It is expected that any reduction in headcount will be evenly split between France and Ireland. In F
Acteon – Actuant Complete Businesses Swap
Subsea services group Acteon has completed its acquisition of the Viking SeaTech from Actuant Corporation and simultaneously divested Mirage Machines business. The announcement follows regulatory approval for Acteon to acquire Viking Seatech while selling Mirage Machines to Actuant, a US corporation
Subsea UK and Scottish Enterprise in £15M R&D Funding Call
Industry body Subsea UK in partnership with Scottish Enterprise has opened an R&D funding call for innovation projects to drive forward research and development projects between Scotland and Japan that could help solve the industry’s most complex technological challenges. The project forms part of t
Subsea 7 Becomes Shareholder of Airborne Oil & Gas
Airborne Oil & Gas (AOG) informed that Subsea 7 has joined its shareholder base. The investment by Subsea 7 entails a partnership of strategic importance to both parties providing the oil & gas industry with cost effective pipe technology solutions, the company said. Marnix Boorsma, CEO Airborne Oil
Lewek Connector Gets Hornsea Project One Cable Lay Gig
Norway-based offshore vessels owner Ocean Yield has entered into a time charter contract for the vessel Lewek Connector. The charter is scheduled to start about March 1, 2018 with a firm period of 130 days, plus up to 130 days extensions in the charterer’s option. The vessel will conduct cable lay o
Fugro Completes Trenching and Cable Laying Division Divestment
Fugro has finalized the divestment of its non-core trenching and cable laying business to Global Marine Group (GMG). GMG has acquired the business in exchange for an equity stake of around 24% in the combined business valued at USD 65 million, and a one year secured vendor loan of USD 7.5 million. T