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Subsea

ConocoPhillips Wireline Deal for Archer
Subsea

ConocoPhillips Wireline Deal for Archer

Archer has been awarded a five-year contract by ConocoPhillips for the provision of mechanical wireline services for the Norwegian Continental Shelf. The contract was awarded to Archer following a tender process for ConocoPhillips’ well intervention services in Norway. Archer has provided wireline i

about 10 years ago
Island Constructor to Work for BP Off UK
Subsea

Island Constructor to Work for BP Off UK

Island Offshore has secured work for its offshore construction and well intervention vessel ‘Island Constructor’ with BP on the UK continental shelf. The contract follows the recently awarded work with Norske Shell on the Draugen field. The BP deal covers the provision of light well intervention (LW

about 10 years ago
U-Boat Worx Presents New Tourist Submersibles
Subsea

U-Boat Worx Presents New Tourist Submersibles

The Netherlands-based submersible manufacturer, U-Boat Worx , has launched three new luxury submarine models the Cruise Sub 5, Cruise Sub 7 and Cruise Sub 9. The Cruise Sub 5 and 7 are capable of diving to 1,140 meters making them the deepest-diving tourist submersibles. Depending on the model, it c

about 10 years ago
Royal Navy Divers Destroy WWII Torpedo in Orkney
Subsea

Royal Navy Divers Destroy WWII Torpedo in Orkney

Royal Navy bomb disposal team detonated a WWII torpedo found during a routine seabed survey in Scapa Flow, Orkney. The torpedo is likely to have been one of those fired at HMS Royal Oak, as the battleship lay at anchor in Scapa Flow in 1939, Royal Navy wrote. The attack by the German U-boat U47 sank

about 10 years ago
EMGS Records Lower Vessel Utilization in Q1 2016
Subsea

EMGS Records Lower Vessel Utilization in Q1 2016

Norway’s Electromagnetic Geoservices (EMGS) reported vessel utilization for the first quarter 2016 at 55% compared with 76% for the first quarter 2015. In the first quarter of 2016, the vessels were allocated 29% to contract and 26% to multi-client projects. EMGS had two vessels in operation in the

about 10 years ago

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TGS to See Revenues Drop More than 60 Pct
Subsea

TGS to See Revenues Drop More than 60 Pct

Geophysical contractor TGS said it expects net revenues for the first quarter of 2016 to be approximately USD 64 million. This compares to net revenues of USD 172 million in the first quarter of 2015, which represents a decrease of close to 63 per cent. In addition to the undrawn revolving credit fa

about 10 years ago
CEE, Swathe Services Ink UK and Ireland Distributor Deal
Subsea

CEE, Swathe Services Ink UK and Ireland Distributor Deal

CEE HydroSystems, a hydrographic survey single beam echo sounder manufacturer has entered into a distributor agreement with Swathe Services, a hydrographic survey instrumentation sales and support specialists. The aim of the agreement is to promote the new CEE echo sounder systems for marine and fre

about 10 years ago
PGS to Start Aasta Hansteen Shoot in May
Subsea

PGS to Start Aasta Hansteen Shoot in May

PGS is set to start the acquisition of a new 4.400 sq. kilometers 3D GeoStreamer survey over the Aasta Hansteen area in the Norwegian Sea, in May 2016. The survey is planned to be completed in August 2016. Fast track data will be available four months after the final shot. This pre-funded multi-clie

about 10 years ago
IKM to Support Bibby Offshore’s Future Projects
Subsea

IKM to Support Bibby Offshore’s Future Projects

IKM Testing in Aberdeen has been awarded a three year pre-commissioning services frame agreement by Bibby Offshore. The three year contract, with the extension option for a further two years, spans three Diving Support Vessels, one Construction Support Vessel and one ROV Support vessel operating pri

about 10 years ago
Wintershall to Use Island Offshore Vessels on Vega Field
Subsea

Wintershall to Use Island Offshore Vessels on Vega Field

Wintershall Norge AS has received consent to use the mobile drilling facilities Island Frontier and Island Wellserver for intervention work on the Vega field. The two vessels provide light well intervention services and associated work, construction work, subsea installation work, securing of wells,

about 10 years ago

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Fuglesangs Subsea Aims at New Seabed Boosting Solution
Subsea

Fuglesangs Subsea Aims at New Seabed Boosting Solution

A subsea technology spin-off from Norwegian firm Fuglesangs is working a new pump drive and coupling system, Hydromag, that could simplify how seabed boosting is performed. The system, being developed with support of Innovation Norway, National Oilwell Varco and Voith Turbo, could allegedly reduce t

about 10 years ago
Farstad Names New CFO
Subsea

Farstad Names New CFO

Norwegian shipowner, Farstad Shipping, has appointed Olav Haugland as the company’s new chief financial officer (CFO) after current CFO, Torstein L. Stavseng, has decided to take an early retirement after 28 years of company service. “Torstein L. Stavseng has been an important and valuable person to

about 10 years ago
Oceaneering Axes More Jobs in Norway
Subsea

Oceaneering Axes More Jobs in Norway

Oil services company, Oceaneering, is reportedly laying off 150 staff from its Norway division. According to Norwegian Aftenbladet.no the company informed the employees about the downsizing earlier this week, and that specifically ROV division will be most affected by this decision. Oceaneering’s CE

about 10 years ago
Viking Link Consultations to Start Next Week
Subsea

Viking Link Consultations to Start Next Week

National Grid Viking Link Ltd (NGVL) will be inviting local people to have their say on proposals for an electricity cable link between Denmark and Lincolnshire, with the launch of a six-week public consultation on Monday, April 11. Viking Link is a proposal to link Britain and Denmark’s electricity

about 10 years ago