Subsea
Maersk Oil Picks McDermott for Tyra Job
McDermott has been awarded a contract between USD $500 million and USD $750 million from Maersk Oil for engineering, procurement, construction and commissioning (EPCC) services for the Tyra Redevelopment project, located offshore in the Danish sector of the North Sea. “This award heralds our return
Rosneft, Eni Spud Black Sea Ultra-Deepwater Well
Rosneft and its strategic partner Eni have spudded the Maria-1 exploration well offshore in the Black Sea. Forecasted oil in place for Zapadno-Chernomorskaya licence area is estimated to exceed 570 million tons. Drilling preparations included acquisition of more than 4,000 kilometers of 2D seismic a
Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (December 18 – December 24). Subsea 7 has been awarded a substantial contract by Statoil for the Snorre Expansion Project, located in the Tampen area, 150 km west of Florø in Norway. According to Subse
Prysmian to Lay Subsea Cables Offshore Philippines
Prysmian Group has received a contract for the design, supply, installation and commissioning of two submarine power cables in the Philippines. The contract, awarded by National Grid Corporation of the Philippines (NGCP), is worth more than EUR 150 million. The submarine power cables will link the i
Wartsila Retrofits North Sea Giant’s Energy Storage Solution
Wärtsilä has agreed to retrofit the energy storage solution on board the North Sea Giant subsea construction vessel. The vessel will be fitted with an energy storage system that reduces the vessel’s energy consumption, operating costs and exhaust emissions. The retrofit energy storage system improve
JFD Begins Indian Navy Personnel Submarine Rescue Training
JFD, a part of James Fisher and Sons, has started a training programme for a team of 72 Indian Navy personnel on its new 3rd generation submarine rescue systems. The new rescue systems are due to be delivered to the Indian Navy in March 2018. Under a £193 million contract, awarded in March 2016, JFD
CGG Gets Final Safeguard Plan Approval from US Court
CGG informed that the US Bankruptcy Court has recognized the ruling of the Commercial Court of Paris approving the company’s safeguard plan. The US Bankruptcy Court’s order gives full force and effect to the French Court’s approval ruling and prohibits CGG’s creditors from taking any action inconsis
Reach Subsea, MMT Grab New Contract
MMT and Reach Subsea have secured a contract with an unnamed oil company. The work scope of the contract includes the provision of survey, light construction and engineering. According to Reach Subsea, the contract will last for one month with options. The work is planned to start in February 2018.
Djibouti Telecom, TE SubCom Start DARE Subsea Cable Contract
A supply contract between Djibouti Telecom and TE SubCom for the Djibouti Africa Regional Express (DARE) submarine cable system has come into force. The 5,400km DARE submarine cable system will connect Djibouti (Djibouti) and Mombasa (Kenya), with branches to three coastal cities in Somalia, respect
Ireland Approves Galway Bay Renewable Energy Test Site
The Irish government has granted an approval to Marine Institute to install a quarter scale renewable energy test site at Galway Bay. The Galway Bay Marine and Renewable Energy Test Site is required to meet one of the Irish government’s stated objectives of producing 50GW from ocean energy by 2050 s
Ineos: Forties Pipeline Back to Normal Early Next Year
Ineos is moving forward with the repair of the Forties pipeline, with the planned completion of repair around Christmas. The company shut down the pipeline on December 11, 2017, due to a hairline crack in the onshore section of the pipeline. Forties pipeline is an integrated oil and gas terminal, tr
Australian Navy HMAS AE1 Submarine Found
Australia’s first submarine HMAS AE1 has been discovered, ending a 103 year maritime mystery. The Royal Australian Navy submarine was lost off Rabaul on September 14, 1914 with all personnel aboard. An expedition to locate the submarine took place in waters off the coast of the Duke of York Island g
Wärtsilä Buys Trident
Wärtsilä has acquired Trident, a Dutch company specialized in underwater ship maintenance, inspection, and repair services. The acquisition is expected to close in January 2018. The acquisition enables the integration of Trident’s services with Eniram’s analytics. Eniram is a Wärtsilä company focusi
Kværner Gets Nord Stream 2 Contract
Nord Stream 2 AG and Kvaerner have signed a contract, worth above NOK 600 million, for delivery of onshore facilities for the Russian gas export pipeline. The Nord Stream 2 pipeline across the Baltic Sea will provide reliable gas supplies to the European market. Kvaerner will aid the construction of