Subsea
Polarcus Wins New Seismic Deal
Oslo-listed seismic contractor, Polarcus, has received a Letter of Intent (LOI) from an undisclosed client for a 3D marine seismic contract. According to Polarcus, the project will start imminently and will run for approximately two months. The company’s RightBAND technique will be used for broadban
Jumbo Delivers Piles for Prelude FLNG
Jumbo has transported 16 piles for the Shell’s floating liquefied natural gas (FLNG) Prelude field development in North West Australia. The Technip-Samsung consortium was contracted for the design, construction and installation of the FLNG facility. The FLNG will be moored with a total of sixteen an
DeltaStream Tidal Energy Device Deployed in Ramsey Sound
Cardiff-based Tidal Energy Ltd has installed the country’s first tidal energy generator in Ramsey Sound, Pembrokeshire. Called DeltaStream, the device will, according to the company, become one of the first grid-connected demonstration devices worldwide to generate green, sustainable and predictable
PHOTO: Normand Maximus Arrives for Final Outfitting
The BN 830 offshore subsea construction vessel Normand Maximus has arrived at Vard Brattvaag in Norway for final outfitting. The hull, of VARD 3 19 design, comes from Vard Tulcea in Romania. It started its journey to Norway following the launch in November this year. The 178 meters long vessel will
Technip, Subsea 7 Cleared for 2016 Work for Norway Operators
The Petroleum Safety Authority Norway (PSA) has given Statoil, Gassco and ExxonMobil consent for manned underwater operations in 2016. The services are to be supplied by Technip and Subsea 7. Statoil has signed framework agreements with the companies Technip Norge and Subsea 7 Norway for the provisi
EMEC Retrieves Its Monitoring Pod After First Trials
The European Marine Energy Centre (EMEC) has successfully recovered its novel Integrated Monitoring Pod following months of transmitting real-time data feeds from the seabed at the Fall of Warness tidal energy test site in Orkney, Scotland. The pre-commercial prototype is connected to the shore via
Dolphin Files for Bankruptcy
Norwegian seismic player Dolphin is filing for bankruptcy after failing to secure financial support to keep the business afloat. The oil price drop has been particularly tough for the offshore seismic market, forcing all service providers to restructure and try to adapt to challenging times. The Osl
Ocean Installer Gets More Work from Statoil
Ocean Installer has signed an amendment with Statoil for riser replacement operations at the Troll C field. Additionally, this includes options for work at the Vigdis field. The work will be executed under the SLMP Marine Installation Contract. “We are extremely pleased to have secured more work at
Saipem Completes Syndication of EUR 4.7 Bln Credit Lines
Italy’s Saipem informed that the syndication of its €4.7 billion new credit facilities has been successfully completed. Syndication of the facilities was launched on November 2, 2015 and seen strong demand from various banks, resulting in a significant oversubscription and reduction of the original
DNV GL Develops RP on Thermoplastic Composite Pipes
DNV GL has launched a recommended practice (RP) that allows operators to choose thermoplastic composite pipes instead of steel or traditional flexibles. “Thermoplastic composite pipes are a new, robust lightweight pipe alternative that will impact field layout, and installation methods and ultimatel
New Managing Director for Ulstein Design and Solutions
Norway’s Ulstein Design and Solutions has assigned Eva Kristensen as its new managing director, effective from January next year. Kristensen will also enter into the role as COO for the Design & Solutions business area, and be one of the executives in the group management of Ulstein Group ASA. She c
Universal Foundation Gets New Managing Director
Universal Foundation, a Fred. Olsen related company, has appointed Kristian Ravn as managing director this month. He joins comes from the position of managing director at EPCI offshore oil and gas contractor Semco Maritime Norway. “I have a strong belief in the Mono Bucket and have been impressed wi
Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (December 07 – December 13). French oil services provider, Technip, has denied alleged merger talks with Houston-based FMC Technologies. Namely, last week, reports came out that Technip could be lookin
EC-OG Grabs Scottish Enterprise Grant for Subsea Power Hub
A new £3.9 million investment by East Coast Oil and Gas Engineering Ltd (EC-OG Ltd) to develop its ‘Subsea Power Hub’ (SPH) has received a £1.2 million research and development grant from Scottish Enterprise. The SPH is designed to provide electrical power to oil & gas subsea infrastructure, where c