Subsea
Briggs Gets Oil Spill Lead Contract for BP’s Forties Pipeline
Briggs Environmental Services has received a five-year contract from BP to act as its oil spill lead across the Forties Pipeline System (FPS) and to provide oil spill response services in the north of Scotland. Under the contract, Briggs will provide specialist advice to BP in the event of an oil sp
Bourbon Revenues Slip
Bourbon has posted lower adjusted revenues for the quarter ended March 31, 2016 caused by the continuing market slump which led to drop of utilisation and daily rates. The French vessel owner and offshore services provider generated a total of €314.5 million in first-quarter adjusted revenues, down
Plexus Secures Its Ninth Order from Det norske
Plexus has received its ninth purchase order since 2012 from Det norske oljeselskap to supply surface wellhead and mudline equipment services for the Langfjellet standard pressure exploration well on the Norwegian Continental Shelf. The value of this order is estimated at approximately £0.6 million
Aker Solutions Recognized for Engineering Achievement at OTC
Aker Solutions has won an engineering achievement award at the OTC conference in Houston for its El-drive subsea electric actuators. The newly developed electric actuators are designed to operate valves in subsea production and processing systems. The Woelfel Best Mechanical Engineering Achievement
Repsol Gets Nod for Varg Decommissioning
The Petroleum Safety Authority Norway (PSA) has granted Repsol a consent for the removal of Petrojarl Varg and subsea structures on the Varg field. Varg is an oil field in the North Sea, around 220 kilometres south-west of Utsira in Rogaland county. The field was developed using the Varg A wellhead
CGG Loss Deepens
French seismic contractor, CGG, recognised widened quarterly net loss as the market slowdown made a major dent in the company’s revenues. In the first quarter 2016, CGG generated revenues of $313 million, down 45 per cent compared to Q1 2015 ($570 million) and down close to 47 per cent quarter-over-
Expro Wraps Up Gulf of Mexico P&A Gig for Apache
UK oilfield services player, Expro, has completed a plug and abandonment (P&A) project in the Gulf of Mexico (GoM) for Apache. The Apache work comprised the pre-abandonment and plugging of wells in the ultra deepwater Atwater Valley and Mississippi Canyon areas. Starting in March 2016, Expro utilise
Proserv Strikes Apache North Sea Deal
Proserv has been awarded a multi-million dollar contract from Apache Corporation for work on the UK Continental Shelf. Proserv will supply a subsea control system and associated topside and subsea interface equipment for use on the new Callater wells located south of the Beryl Alpha platform. The la
More Red Ink for PGS
Petroleum Geo-Services (PGS), has seen its quarterly loss widen as revenues declined some 19 per cent during the first quarter of 2016. The Oslo-listed seismic player, posted net loss of $57 million or 24 cents per share for the first quarter of 2016, compared with $19.5 million loss or 9 cents per
Saipem Claims Installation Records Off Brazil
Saipem said it recently established new milestones with the installation of two gas export free standing hybrid risers (FSHR), 20-inch and 19-inch respectively, located in the pre-salt area of Santos Basin. The operation took place at approximately 300 kilometres from the Brazilian shoreline. Report
TE SubCom Upgrades Caucasus Cable
TE SubCom, a TE Connectivity company, and Georgian telecommunications provider Caucasus Online have signed a contract to upgrade the Caucasus undersea cable system. The upgrade to the 1,200 km regional system is set to be completed in May 2016. Caucasus cable system provides connectivity between Pot
SME to Start PLAT-O Deployment at EMEC
Sustainable Marine Energy (SME) has arranged a £4.5 million funding to start the deployment of an array of its PLAT-O tidal energy systems at the European Marine Energy Centre (EMEC) in Orkney. SME has conducted testing of its first PLAT-O prototype in the Solent, off the Isle of Wight, during 2014
Impact Subsea Introduces Right Angled ISA500
Building on the ISA500 platform, Impact Subsea has released a right angled version of the underwater atimeter. The ISA500 encompasses a long range 500kHz altimeter, with optional integrated AHRS. Ben Grant, Managing Director, said: “The right angled version of the ISA500 provides a useful physical a
Ulstein Introduces New Cable Lay Vessel
Ulstein has introduced a new cable lay vessel, the LX109 design. The new, patent pending, Ulstein Cable Arch system in combination with open top vessel design results in total of 12,500 t of power cable that can be laid as one single piece, the company explained. This was made possible by positionin