Subsea
C6 Technologies Launches Its Well Intervention System
C6 Technologies, an oilfield technology company offering solutions for well intervention and conveyance utilising composite materials, has informed that its new ComTrac system is performing field trials after completing test well runs. The company, a joint venture by Archer and IKM, currently has on
PGS in Q1 Profit Warning
Norwegian seismic player, Petroleum Geo-Services (PGS) said it expects revenues for Q1 2017 of approximately $155 million ($203 million in Q1 2016), with an EBITDA of approximately $30 million ($79 million in Q1 2016). According to PGS, the low EBITDA is primarily driven by the relatively low multi-
Shearwater Contracts Veripos for GNSS Positioning Services
Veripos, has won a contract for global navigation satellite systems (GNSS) positioning services with recently formed seismic contractor Shearwater Geophysical. Under the terms of the new agreement, Veripos will supply GNSS positioning services to Shearwater’s fleet of four marine seismic survey vess
New Commercial Manager for Modus
Modus Seabed Intervention has strengthened its management team with the recruitment of Guy Lainchbury, who joins Modus as commercial manager. Lainchbury has previously worked as commercial manager for Saipem and more recently as tendering director for Subsea 7, where he worked for 10 years. Nigel Wa
Rolls-Royce to Upgrade Njord A Mooring System
Rolls-Royce has been chosen by Norway-based Kvaerner to provide a mooring system for Statoil’s oil platform Njord A. Njord A is being upgraded by Kvaerner and Rolls-Royce has been chosen to provide an upgrade to its mooring system. The contract has a value of about £15 million. Njord A is a semisubm
Trendsetter, Add Energy Win Well Control Assurance Contract
Trendsetter Engineering and Add Energy have combined expertise to provide engineering and hardware support services to the industry’s most challenging problems in a nimble and responsive environment. The companies have recently been awarded a contract to supply engineering expertise and access to Tr
Interventek Presents World’s First 20,000psi In-Riser Safety Valve
Aberdeen-based well intervention technology specialists, Interventek Subsea Engineering, have launched an ultra-high pressure, high temperature (HPHT) version of its Revolution safety valve for in-riser landing string systems. This new shear and seal valve is able to withstand working pressures of 2
BAE Systems Builds Royal Navy’s New Attack Submarine
The Ministry of Defence has negotiated a new £1.4 billion contract for the Royal Navy’s new attack submarine, the sixth in a total fleet of seven. The submarine, named Agamemnon, is part of the Astute Class submarines. The submarines are being built by BAE Systems in Barrow-in-Furness, Cumbria. Defe
Seafish Proves Swansea Tidal Lagoon Aquaculture Potential
Seafish has in its new report confirmed the potential for aquaculture in the proposed Swansea Bay Tidal Lagoon (TLSB), which could be used to farm a range of marine species. The report found that the sheltered lagoon has strong potential for aquaculture, including farming mussels, oysters, scallops,
Wind Powered Oil Recovery Enters Next Stage of Development
The DNV GL-led joint industry project, WIN WIN (WINd powered Water INjection), has completed its first phase and reportedly determined that wind power could be used to power offshore water injection. The project is currently moving into its second phase, which includes refining and testing the elect
SPT Offshore in Double Boskalis Win
Boskalis has contracted SPT Offshore for installation of 174 suction pile foundations for the foundation of 58 suction bucket jackets for a part of Hornsea offshore wind farm Project One, by DONG Energy Wind Power. The jackets support the 7.0 MW Siemens wind turbines. In addition Boskalis has contra
GCE Subsea Names New Chairman
Norway’s GCE Subsea has elected Jon Arve Sværen as its new chairman of the board of the subsea cluster. Sværen is currently employed as VP Business Strategy Processing in OneSubsea. “I am humble, yet proud of being asked to take the position as chairman of the GCE Subsea board,” Sværen says. “I am c
OMM Secures Wikinger Gig
Offshore Marine Management (OMM) has won a coveted operations and maintenance (O&M) services contract, awarded by Iberdrola. OMM will now lead on the contract to provide both topside and subsea O&M services for the Wikinger offshore wind farm, currently under construction in the Baltic Sea. OMM will
Polarstern Coming Home After Amundsen Sea Survey
The research vessel Polarstern is expected to enter its homeport with the early-morning high tide on Thursday, April 20, 2017, marking the end of a five-month season in the Antarctic for the icebreaker and its crew. Many geoscientists in Bremerhaven can’t wait to see the samples that were collected