Subsea
HC2 Explores Strategic Alternatives for Global Marine
HC2 Holdings (HC2) has started exploring strategic alternatives, including a potential sale for its Global Marine subsidiary. The company, who acquired Global Marine in 2014, received support from Fugro, who holds interest in Global Marine, for the sale. In November 2017, Fugro sold its non-core tre
Aker Solutions in Subsea Order Win for Lingshui Field in China
Aker Solutions has received an order valued at more than NOK 1.7 billion from the China National Offshore Oil Corporation (CNOOC) to provide the subsea production system and umbilicals for the Lingshui 17-2 gas field. Lingshui 17-2 is CNOOC’s first subsea deepwater project located in the South China
Seabed and ARGAS in Red Sea Survey for Saudi Aramco
Seabed Geosolutions (Seabed) and its partner ARGAS have been awarded the S-79 3D ocean bottom node survey in the Red Sea from Saudi Aramco. Seabed’s 4C Manta ocean bottom nodes will be used, in combination with its ROV deployment system in deep waters and node-on-a-wire system in shallower areas. Th
TechnipFMC to Deliver Subsea Equipment for Liza Phase 2
TechnipFMC has been awarded a contract by an affiliate of ExxonMobil Corporation for the engineering of the subsea system for the proposed Liza Phase 2 project. Following engineering and subject to requisite government approvals, project sanction and an authorization to proceed with the next phase,
Subsea UK’s Life of Field Conference Announced
The innovations required to support the British subsea industry in the lower oil price environment will be explored at Subsea UK’s Life of Field conference in Bristol next month. Sponsored by Baker Hughes, Frazer Nash Consultancy and Viper Innovations the conference will take place on November 06, a
Offshore Energy Awards Winners Unveiled
Offshore Energy Awards winners have been revealed during the Gala Dinner held on Monday in front of 400+ attendees at the National Maritime Museum (Scheepvaartmuseum) in Amsterdam, the Netherlands. The ceremony, hosted by Viktoria Koblenko, was officially opened by Shell executive vice president, Ba
Solstad Starts Negotiations with Lenders Over Liquidity Concerns
Norwegian owner and operator of offshore vessels Solstad Offshore has started negotiations with lenders to improve the overall liquidity situation prior to the North Sea winter season. According to the company, the winter season is expected to be challenging for the company’s liquidity position. Sol
Zennor Gets OGA Approval for Finlaggan Development
Zennor Petroleum has received approval from the Oil & Gas Authority (OGA) for the Finlaggan field development in the UK Central North Sea Block 21/05c, which it owns 100%. The development project to recover 26 mmboe of 2P gas condensate reserves will include two subsea production wells tied back to
ROVOP Buys M2 Subsea’s ROV Fleet
ROVOP, the independent provider of underwater remotely operated vehicles (ROVs), has purchased the entire fleet of 28 ROV systems from M2 Subsea. The fleet expansion will enable ROVOP to better support customer operations in the future by strengthening deployment capabilities across the world, with
Bourbon Subsea Services Nets WindFloat Atlantic OWF Deal
Bourbon Subsea Services has been selected by Windplus to install three floating wind turbines of 8.3 MW for the WindFloat Atlantic floating offshore wind farm located 20 km off Viana do Castelo, Portugal. The project includes project management, engineering and the procurement of the complete moorin
BP Gets Green Light for Alligin Development
BP has received approval from the Oil and Gas Authority (OGA) to proceed with the Alligin field development located west of Shetland. The Alligin development will target 20 million barrels of oil equivalent, and is expected to produce 12,000 barrels gross of oil equivalent a day at peak. The field,
Polarcus in New South East Asia Seismic Project
Polarcus has received an award for a 3D marine seismic acquisition project in South East Asia. The project is scheduled to start in Q4, 2018, and will have a duration of approximately four months. Following this award, the Polarcus fleet is 100% booked for Q4 2018, the company noted. Polarcus did no
McDermott’s CEO Joins National Safety Council Board
McDermott International has informed that the National Safety Council (NSC) has elected David Dickson, McDermott’s president and chief executive officer, to its board of directors. “Safety is at the heart of everything we do at McDermott, making this an honor to represent McDermott on the National S
Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (October 15 – October 21). This content is available after accepting the cookies. Change cookie-settings View on Subseaworldnews. Saipem Nets Usd 400 Mln Worth Of Offshore Contracts This content is ava