Intecsea Inc, a wholly owned subsidiary of Worley, has been awarded a project management consultancy (PMC) contract by Reliance for the MJ Field deep-water gas and condensate project. Under the contract, INTECSEA Inc will provide PMC services for the development of Reliance’s subsea gas and condensa
Ensign Subsea Systems, a member of the AAE Technologies, has recently been awarded a significant defence contract by an undisclosed major naval power. Utilising the technology produced by its sister company, Applied Acoustic Engineering (AAE), the award is for the supply and support of multiple unit
Marin Teknikk has signed an agreement with Østerfjord, Torangsvaag in Austevoll and Tersan Shipyard in Turkey for delivery of design and engineering for an innovative fishing vessel. The vessel will have a length of 67 meters and a width of 14,6 meters, which makes it to the worlds largest of its ki
Toronto-based underwater mineral exploration company Nautilus Minerals has obtained an order of the Supreme Court of British Columbia sanctioning and approving the plan of compromise and arrangement among certain of the company’s subsidiaries and their unsecured creditors. The approval follows previ
Subsea World News has put together a recap of the most interesting articles from the previous week (August 12 – August 18). https://subseaworldnews.com/2019/08/14/kreuz-subsea-ceo-quits/ https://subseaworldnews.com/2019/08/14/jfd-aquacentrum-den-helder-partner-on-submarine-escape-training/ https://s
Energy services group Hunting has completed the acquisition of the business and assets of RTI Energy Systems, an operating subsidiary of Arconic, for a total cash consideration of US$12.5m. The consideration payable has been funded from Hunting’s existing cash resources. RTIES is a manufacturer of p
Canadian company Cellula Robotics said that its long-range unmanned underwater vehicle (UUV) is ready to start factory integration testing. In November last year, Cellula was given a go-ahead for the phase 3 contract by Public Services and Procurement Canada, on behalf of the Department of National
Oslo-listed SeaBird has seen its quarterly loss widened for the period ended June 30, 2019 as revenues picking up was offset by higher costs and delays on two previously announced seismic acquisition campaigns. The seismic data provider for oil and gas companies posted loss of around $6.6 million fo
Balltec has recently been awarded a contract by Heerema Marine Contractors (HMC) for work on the decommissioning and removal of a large platform with conductors in the North Sea. Balltec’s scope of supply comprises 18 of its LiftLOK ball and taper lifting connectors. The connectors will be used for
Vår Energi has awarded an EPCI (engineering, procurement, construction and installation) contract to Rosenberg Worley in Stavanger, Norway. The contract encompasses the lifetime extension of the Jotun floating production storage and offloading vessel (FPSO), enabling oil and gas production from the
Oceaneering has secured a contract from Lundin Norway covering the removal of the Jorvik subsea well in Norway, with options for additional wells. The removal project, which is part of an ongoing rig chase multi-client campaign, is expected to begin this fall and take 3-4 weeks to complete. Contract
JFD, part of James Fisher and Sons, has acquired all the assets, IP and designs rights of Ortega Submersibles, the Netherlands-based submersible boat designer and manufacturer. The acquisition will enable JFD to expand further its offering of advanced Swimmer Delivery Vehicles (SDVs) and to develop
Kraken Robotics has delivered its ThunderFish 300 autonomous underwater vehicle (AUV) to its test partner, Defense Research and Development Canada (DRDC) in Halifax, Nova Scotia. Final sea acceptance testing was completed on August 8. The delivery to DRDC was facilitated by a $1 million contract awa
Equinor has achieved first oil from the Mariner field in the UK North Sea . The field is expected to produce more than 300 million barrels of oil over the next 30 years. “The start-up of Mariner, the first Equinor-operated oil field on the UKCS, establishes our foothold in the UK and reinforces our
