Subsea
Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (January 11 – January 17). The deepwater pipelay construction vessel “Jascon 18” was arrested last week on behalf of a shipyard in Singapore. The vessel, formerly owned by the marine contractor Sea Tru
Chevron Becomes Corporate investor in Airborne Oil & Gas
Dutch-based composite pipe manufacturer, Airborne Oil & Gas, has secured an investment from Chevron Technology Ventures, the technology investment arm of Chevron Corporation of the USA. With this investment, Chevron Technology Ventures joins Shell and Evonik as corporate investors in Airborne Oil &
WATCH: IHC Launches Subsea 7’s Seven Cruzeiro
Royal IHC has named and launched Subsea 7’s 550t pipelaying vessel, Seven Cruzeiro, at its shipyard in Krimpen aan den IJssel, The Netherlands. The naming ceremony was performed by Sally Rosa, wife Subsea 7 CFO Ricardo Rosa. The Seven Cruzeiro is the last of four vessels in total, ordered by Subsea
Aker Solutions to Cut Up to 900 MMO Jobs
Aker Solutions today notified employees in its maintenance, modifications and operations (MMO) unit across Norway of necessary steps to reposition the business and enhance competitiveness in a market with unprecedented challenges. The company is streamlining the Norwegian MMO business to one regiona
ORCHIDS Project to Enhance Subsea Cable Monitoring
Fraunhofer UK has joined forces with Synaptec and the European Marine Energy Centre (EMEC) to develop a solution to address cable and electrical infrastructure integrity within the marine renewable energy industry. Funded by the UK Government’s business innovation experts InnovateUK, the ORCHIDS pro
Scientists Prove Frequency of Low-Oxygen Eddies in The Atlantic
After the discovery of low-oxygen eddies in the tropical and subtropical Atlantic Ocean, some assumptions regarding biogeochemical cycles in this region now have to be rethought. Marine scientists from Kiel and Plön (Germany) have found processes within these short-lived eddies that previously were
Wessex Archaeology Gets New Marine Geophysicist
Wessex Archaeology’s geoservices has welcomed Megan Metcalfe to the team in its Salisbury office where she will be working as a marine geophysicist. Metcalfe will be responsible for processing and reporting on geophysical data to help investigate sites of potential archaeological interest below the
The Underwater Centre Expands ROV Training
Fort William-based subsea training and testing facility, The Underwater Centre, has added the FMC Schilling TITAN 4 syllabus to its current ROV training suite. According to TUC, the course familiarises candidates with all major components of the TITAN T4 manipulator and provides system operation and
Court to Decide on Technip Boycott Case in Norway
Norway’s offshore union, Industri Energi (IE) and the Norwegian Confederation of Trade Unions (LO) have been taken to court by NHO and Technip Norway for the alleged “breach of peace obligation”. Namely, in September last year, IE delivered a boycott notice to Technip Singapore PTE after the company
CGG Initiates Rights Offering
French seismic player, CGG, has launched a €350-million rights offering to existing shareholders as part of its plan lined up to transform from a seismic acquisition company into an integrated geosciences group. This capital increase is the next step in CGG’s transformation plan in order to adjust t
SBM Scoops Sea Lion FPSO FEED, Subsea Awards to Follow
SBM Offshore has been awarded FPSO Front End Engineering and Design (FEED) contract following the completion of Pre-FEED work for Phase 1a of the Sea Lion development, the UK-based oil and gas exploration company, Rockhopper, said on Wednesday. Reportedly, the work on the discovery, located some 220
EC OKs Eni’s Stake Sale in Saipem
Italy’s Eni has been given the green light by the European Commission to sell a stake in oilfield services player Saipem. Namely, Eni plans to seel a stake consisting of 55,176,364 ordinary shares that correspond to 12.5% of Saipem’s share capital plus one share to Fondo Strategico Italiano (FSI). I
IKM Lands Johan Castberg Job
Statoil has awarded a contract for Johan Castberg Subsea Integration Pre-FEED and FEED project with options to IKM Ocean Design. The contract includes Pre-FEED and FEED of pipelines, risers, cables, tie-ins and related structures on the Johan Castberg field. Furthermore, detail design and follow-on
GMC Wins Nexans Skagerrak Overhaul
Norway’s GMC Maritime has secured a contract with subsea cable specialist Nexans in connection with the planned renewal of class and various upgrades of its cable laying vessel Nexans Skagerrak. The work scope, which is performed by GMC Maritime’s shipyard on Buøy in Stavanger, includes docking in c