Subsea
4Subsea Wins Shell Integrity Monitoring Contract
4Subsea has been awarded a new contract for integrity management with Shell, using the digitalised web solution FlexTrack for integrity monitoring on Draugen, Knarr and Ormen Lange fields. The contract is a continuation and further development of cooperation between Shell Norway and 4Subsea, enablin
OGA Invests in UKCS Subsurface Data
The Oil and Gas Authority UK (OGA) has awarded £1.5 million of contracts to purchase subsurface databases and information sources to encourage further exploration in under explored areas of the UK Continental Shelf (UKCS). The datasets purchased will underpin much of the OGA’s work across the explor
Spectrum Trims Loss on Higher Revenue
Norwegian multi-client seismic data specialist, Spectrum, has reported a loss of $3.7 million in the first quarter of 2017 compared to a loss of $7.9 million in the first quarter of 2016. The Oslo-listed company recorded net operating revenues of $25.3 million in the Q1 compared to $18.2 million in
Vryhof Introduces New Anchor
Dutch Vryhof Anchors has launched a new anchor, the STEVSHARK REX. Leopoldo Bello, managing director of Vryhof Anchors said: “The STEVSHARK REX is intended for anchoring under challenging and hard ground conditions, anywhere in the world.” The main goal of developing the STEVSHARK REX was to expand
OGTC to Fund P&A Innovations
The Oil & Gas Technology Centre (OGTC) is launching its first ‘Call for Ideas’ inviting innovative technology concepts and ideas to transform the way that offshore hydrocarbon wells are plugged and abandoned. The OGTC said it will invest £1 million to fund a portfolio of projects that result from th
MacArtney Nets SubConn Connectors Order from Nautilus
MacArtney Germany (MBT) has secured an order to supply SubConn connectors and straps to Nautilus Marine Service GmbH, Germany. The SubConn connectors will be used for deep sea floatation and instrument housings for deep ocean research, the company said. The scope of supply comprises 2,000 LPBH5M and
Guinard Energies Demonstrates Its Poseide Tidal Turbine
Guinard Energies has demonstrated its Poseide tidal turbine in real-sea conditions off the coast of Brittany in France. The demonstration took place as part of the marine renewable energy forum, taking place at the Port of Navalo, from April 15 until June 3, 2017. Guinard Energies’ Poseide system, c
Highlights of the week
Subsea World News has put together a recap of the most interesting articles from the previous week (April 24– April 30). TechnipFMC has been awarded a contract by an affiliate of ExxonMobil for the engineering, manufacture and delivery of the subsea equipment for the proposed Liza deep-water project
NPD Appoints AGR as Its Well and Drilling Specialist Advisor
AGR has been appointed as well and drilling specialist advisor to Norwegian Petroleum Directorate. AGR will deliver advice to support evaluation of drilling programmes, well design and testing, completions and plugging and abandonment. The two-year scope of work has the option to be extended for an
Bourbon Wins FLOATGEN Mooring Installation Job
French offshore services provider Bourbon has been awarded a contract for the mooring installation of the first floating wind turbine in France at the experimental test site of SEM-REV managed by Ecole Centrale de Nantes (ECN), in the context of European project FLOATGEN. FLOATGEN is a wind turbine
Island Crown to Support OceanGate’s Titanic Expedition
Island Offshore has entered into an agreement with OceanGate Expeditions for the use of Island Crown as support vessel during the first manned submersible expedition to the wreck of the RMS Titanic since 2005. The assignment should start in May 2018 and will have a duration of 10 weeks for Island Cr
New HVDC Centre Opens in UK
Scottish and Southern Electricity Networks (SSEN) has opened a new technology centre in Cumbernauld that will allow the simulation of real life conditions to test and de-risk the use of high voltage direct current (HVDC) on the electricity network in Great Britain. The National HVDC Centre was offic
Schlumberger to Shoot Seismic for Aker BP
Aker BP ASA (Aker BP) has entered into a framework contract with Schlumberger for acquisition of 4D seismic data. The framework contract has a duration of four years, with an option for 2+2 years. The contract includes WesternGeco marine acquisition of 4D seismic data over the Aker BP-operated field
Subsea 7 Keeps Profit in Line with Offshore Wind at Its Back
Oslo-listed Subsea 7 has delivered another positive quarter backed by higher activity in renewables sector as it came almost flat with profit in the prior-year quarter. The subsea engineering and construction specialist posted quarterly profit of $146.3 million, or $41 cents per share, on revenue of