Subsea
Tullow Spots Jubilee FPSO Turret Issue
UK-listed oil and gas player Tullow informed that potential problem has been identified following a recent inspection of the turret area of the Jubilee floating production storage and offtake vessel (FPSO) Kwame Nkrumah. The FPSO is moored in approximately 1,100 meters water depth on the Jubilee fie
Nexans’ Board of Directors Chairman Retires
During the meeting of Nexans’ board of directors Frédéric Vincent announced his decision to end his term as chairman of the company and as director effective March 31, 2016, and to retire. The board of directors appointed Georges Chodron de Courcel as non-executive chairman of the board of directors
New Umbilicals International’s Member to Establish UK Facility
Joe Gorman has been appointed Operations Manager at Umbilicals International UK, part of the Seanamic Group. Formerly production manager at Hydrasun, Aberdeen, he will be responsible for establishing a UK based umbilicals service and manufacturing facility. The new UK umbilical facility will extend
IHC’s Plough for ‘Maersk Connector’ Cable Layer
IHC has secured an order for a power cable plough, destined for DeepOcean’s new cable installation vessel ‘Maersk Connector’. The equipment comprises a 3.3 meter trench depth power cable plough, a sea state 5 LARS and tow winch. The 300 kW jetting system has been designed in close collaboration with
Akastor Stays Down
Oilfield services investment company, Akastor, has booked a fourth-quarter 2015 loss as the weak market caused impairments and low order intake to hit the Group’s earnings. The Oslo-listed company recorded loss of NOK 638 million ($74 million) for the third quarter 2015 and loss for full year of NOK
INSITE Funding for North Sea Research Awarded
Funding worth GBP 1.8 million (USD 2.5 million) has been awarded to a group of European scientific institutions as part of an initiative to improve the understanding of the influence of man-made structures, such as oil and gas platforms, wind farms and shipwrecks, on the marine environment in the No
James Fisher, Aquatic Ink Cooperation Agreement
James Fisher Offshore (JFO) has signed a cooperation agreement with Aquatic Engineering & Construction. This agreement enables JFO and Aquatic to package an integrated service and equipment offering as a single source supplier. Jack Davidson, managing director of James Fisher Offshore explained: “We
Reach Subsea Wins with Eidesvik
Reach Subsea has entered into contract extensions with Eidesvik Offshore, the Oslo-listed company said on Tuesday. As a part of the 3-year cooperation agreement, entered into with Eidesvik Offshore in October 2014, Reach Subsea provides ROV and subsea services onboard the Viking Neptun also for the
Viking Neptun Continues for Technip
Eidesvik Offshore ASA has been awarded contract extension from Technip for its vessel Viking Neptun. The contract, including the transit, has secured commitment beyond 2016 for the vessel. Start of the contract is expected in the beginning of April in UK sector. “We are very pleased with the confide
DW: UK to See Strong Decom Activity in Next 25 Years
Douglas-Westwood’s new North Sea Decommissioning Market Forecast 2016-2040 predicts that between 2016 and 2040 $70-$82 billion will be spent on decommissioning activity in Denmark, Germany, Norway and the UK. DW anticipates growth in decommissioning activity over the next few years, driven by the su
New President for Kongsberg Maritime
Egil Haugsdal has been appointed as president of Kongsberg Maritime. Haugsdal currently heads Kongsberg Oil & Gas Technologies. He has previous experience from Kongsberg as executive vice president of business development and as president of Kongsberg Protech Systems. “I am delighted with the confid
Total, Aker Collaborate on Subsea Technology Development
Aker Solutions and Total agreed to collaborate on research and innovation to develop new cost-effective subsea field technology. The initial technical collaboration agreement is for four years and will build on earlier cooperation of the companies. The partnership will explore a wide range of issues
Subsea 7 Extends with Westcon Løfteteknikk
Oil services company Subsea 7 has renewed a contract with Norwegian cranes and lifting operations specialist Westcon Løfteteknikk (WCL), adding 5 years to existing framework agreement. Over the last three years the framework agreement has seen WCL provide operation of Subsea 7’s own pool of lifting
Expro Names New CEO
Expro has appointment Mike Jardon as chief executive officer, succeeding Charles Woodburn who is leaving the company in April to join BAE Systems. Jardon joined Expro in 2011 as chief operating officer, after holding senior roles within Schlumberger’s wireline, completions, well testing and subsea b