Subsea
The Underwater Centre Launches New Hydraulics Course
Subsea training facility, The Underwater Centre, has introduced a new hydraulics course which will provide candidates an introduction to fluid power systems. The Underwater Centre has developed the course to give candidates an introduction to the principles of fluid mechanics and provide hands-on ex
Safety is Key Factor for UXO Disposal Ops (Interview)
As the offshore energy industry expands it is important that developers take account of and address the risks of unexploded ordnance (UXO) in the marine environment. Subsea World News recently spoke to Adrian Dann, a man who heads up James Fisher Subsea UXO services. He is ex-navy senior personnel w
Saipem Cuts Revenue Guidance
Saipem has lowered its full-year revenue estimates by some €500 million, reportedly due to delays in the award of contracts and variations in the execution schedule of few projects. The Italian oilfield services player said it expects to achieve revenues of approximately €10.5 billion for 2016, down
Damen Presents Decommissioning Vessels Concept
Damen Shipyards Group has announced its latest concept design, the Damen Decommissioning Series. The vessel will specialize in three core areas of the oil and gas decommissioning sector: topside decommissioning, offshore platform removal, and subsea cleaning and removal. The design is based on in-ho
Technip Swings to Profit Despite Revenue Drop
French oil services provider, Technip, has bounced back in the second quarter 2016 as its cost reduction plan moves ahead of schedule. In the second quarter 2016, Paris-based subsea major generated adjusted revenue of €2.8 billion, down some 9% compared to €3.1 billion in 2Q 2015. Subsea revenues we
Bibby Offshore Executes North Sea Contract
Bibby Offshore secured a contract with an independent UK-based E&P company to provide air diving and ROV inspection and construction services across five of its North Sea assets. The contract, which started in June 2016 and is to be completed by the end of the year, will see Bibby Offshore utilize s
SapuraKencana Gets USD 126 Mln TANAP EPCI Contract
SapuraKencana Petroleum Berhad (SapuraKencana) has secured RM 510 million (approx. USD 126 million) contract for the Trans Anatolian Natural Gas Pipeline (TANAP) from TANAP Doğalgaz İletim A.S. The contract is for the engineering, procurement, construction and installation (EPCI) of offshore pipelin
REM and Solstad to Combine
Solstad Offshore (SOFF) and Rem Offshore (REM) have agreed to merge REM with a wholly-owned subsidiary of Solstad. The merger will be completed as a statutory triangular merger pursuant to and in accordance with Norwegian law. REM and Solstad combined will operate a total of 62 vessels. After the me
Subsea 7 Boosts Q2 Profit
Oslo-listed Subsea 7 has lifted its profit in the second quarter ended June 30, 2016, on nearly-halved restructuring costs, foreign currency gains and more favorable tax rate compared to the prior-year quarter. The subsea engineering and construction specialist generated net income of $136 million,
Industry Backs Subsea Engineers at University of Aberdeen
The University of Aberdeen is offering three new scholarships to students studying towards its masters in subsea engineering, thanks to contributions from two energy multinationals and a leading industry body. The scholarships, which are available to UK and EU students, are being funded through cont
Claxton Nets Statoil Decommissioning Contract
Claxton, an Acteon company, has been awarded a contract with Statoil to provide ‘rigless recovery’ of seven abandoned wells on the Huldra platform, located in the Norwegian Continental Shelf. The contract was finalized in July 2016, and work is scheduled to start in December 2016 with the project du
Fugro in Seabed Investigation for Wylfa Newydd Power Station
Fugro has started marine site characterization works for Horizon Nuclear Power at the proposed Wylfa Newydd power station site on the Isle of Anglesey, UK. The detailed works are being carried out during July and August and will assist Horizon to gain a better understanding of the geological conditi
Focal’s Electrical Slip Ring for SR2000 Tidal Turbine
Focal Technologies, a Moog company, has been awarded the contract to supply Scotrenewables Tidal Power with a 6.6 kV electrical slip ring for their new tidal turbine. Scotrenewables Tidal Power recently launched the 2 MW SR2000 turbine. The 550 tonne machine underwent preliminary tow trials in Belfa
Bibby Offshore Looks to Shut Boycott in Norway
Subsea specialist Bibby Offshore has secured a preliminary injunction, namely a court order which prohibits Industri Energi going to boycott. The boycott was scheduled for July 25, but will now be postponed pending a decision in court. Norway’s biggest offshore union issued a boycott warning, earlie