Subsea
TechnipFMC’s Subsea Equipment for VNG’s Fenja Field
TechnipFMC has received an integrated Engineering, Procurement, Construction and Installation (iEPCI) contract from VNG Norge. The contract covers the provision of subsea equipment including umbilicals, risers, flowlines and the subsea production system for the Fenja project, previously known as Pil
SBM Offshore Gets USD 750 Mln Loan for Liza FPSO
SBM Offshore has completed the project financing of FPSO Liza, to be deployed in the Stabroek block, offshore Guyana, for a total of USD 720 million. The project financing was secured by a consortium of twelve international banks. FPSO Liza is owned and will be operated by SBM Offshore. The lease an
Subsea World News Launches New Mobile Website
Subsea World News has launched a new mobile version of the website. The use of mobile phones is increasing fast, so we want our readers to have the best possible experience when using the Subsea World News website on smaller screens. Anne Visser, business unit manager at Navingo, said: “The use of m
Repsol Delivers New Plan for Yme Development
Repsol has submitted a revised plan for development and operation (PDO) of the Yme field to the Norwegian Ministry of Petroleum and Energy. The revised PDO is based on re-use of existing facilities to the extent possible, a new wellhead module on top of the existing caisson and the lease of the a mo
EMGS Secures Work Offshore Indonesia
Electromagnetic Geoservices (EMGS) has confirmed a contract award for a prefunded multi-client acquisition offshore Indonesia. Following the announcement by EMGS in November of Letters of Intent for two contracts, the company has now informed that a final contract has been entered into under one of
Subsea UK Reveals 2018 Business Awards Finalists
Subsea UK has announced the finalists of its 2018 business awards. Among the finalists, JDR Cable Systems, Tekmar Energy and Caley Ocean Systems are in the running to win the Subsea Company of the Year award, sponsored by SMD. In the Global Exports award category, STATS Group, Tekmar Energy and Mari
WATCH: Bokalift 1 Gets Huisman Crane
Huisman China installed, commissioned and tested the 3,000mt offshore mast crane on board Boskalis’ Bokalift 1 within 27 days. The Bokalift 1 crane vessel was converted by Boskalis from a semi-submersible heavy lift vessel to a self-propelled DP2 crane vessel. The main focus of the vessel will be th
VNG Submits Fenja Field Plan for Development and Operation
VNG Norge has submitted a Plan for Development and Operation (PDO) of the Fenja field to the Norwegian Ministry of Petroleum and Energy. Fenja will be developed with two subsea templates with six wells, three producers, two water injectors and one gas injector, connected to the Njord A platform for
DOC-Swan Hunter Delivers First Cable Spooling in Vlissingen Yard
DOC-Swan Hunter, a joint venture partnership between Dutch Offshore Contractors and Swan Hunter, has completed spooling operations for their first onshore cable storage project at the newly established storage & cable spool yard in Vlissingen, The Netherlands. The re-scheduled and expedited project
Wood Bags Two Contracts in Australia
Wood has been awarded two new contracts by Woodside to deliver engineering and rig modification services offshore Australia and a concept definition study for the Julimar Phase 2 project. The engineering and rig modification services will be executed under a three-year non-exclusive outline agreemen
Aquabotix Adds Two New Distributors to Its Network
UUV Aquabotix has added two new distributors to its global network, Hydro Systems Development and Seismic Asia Pacific. Hydro Systems Development, Tokyo branch, a developer of underwater sensing systems for both the marine and in-land water sectors, will represent Aquabotix in Japan. In addition, Se
Ultra Deep Solutions Building Well Intervention Vessel
Singapore-based Ultra Deep Solutions has signed a letter of intent to build a SALT 310 well intervention vessel at China Merchants Heavy Industry (CMHI) yard in Shenzhen. The vessel, 162 meters by 32 meters, will be capable of well intervention, flex lay and rigid pipe lay in 3000 meter water depths
Expro Files for Chapter 11 Bankruptcy
Oilfield services company, Expro, has filed for Chapter 11 bankruptcy as part of the next step in its financial restructuring. As previously disclosed, the company has reached an agreement with its key lenders and shareholders to eliminate its entire $1.4 billion of funded debt and $80 million in an
Kongsberg Launches New Multibeam Echo Sounder
Kongsberg has released a new 30 kHz multibeam echo sounder system, the EM 304, used for high resolution seabed mapping from depths of 10 meters to 8000 meters. As part of a new EM technology platform designed for future challenges, the EM 304 is compatible with a new Kongsberg developed datagram for