Subsea
Spectrum in New Reprocessing Project Offshore Australia
Spectrum has started a new multi-client broadband 3D and 2D reprocessing project in the Otway Basin offshore Australia. The data set comprises 7,950 km² of 3D data from 16 existing surveys and up to 7,000 km of 2D data which will be reprocessed through a high-end PSTM and PSDM broadband sequence. Th
McDermott and CB&I Strike $6 Bln Merger Deal
McDermott and CB&I have agreed to combine in an all-stock transaction to create a fully vertically integrated onshore-offshore company. Upon completion of the transaction, McDermott shareholders will own approximately 53 percent of the combined company on a fully diluted basis and CB&I shareholders
Aker BP Invests in Norwegian Fishbones
Aker BP has acquired a 17% stake in the Norwegian company Fishbones AS. Fishbones is an unconventional stimulation technology applied to increase the production rates in tight reservoirs, Aker BP explained. The Fishbone concept was initially developed for a field trial at Valhall from 2008 to 2012,
Eni Restarts Goliat Oil Production
Eni Norge has resumed production of oil on Goliat on December 17, 2017. Maintenance and modification work has been conducted during a planned campaign during this fall. Furthermore, Eni Norge said it has completed work following an order related to the electrical system issued by the petroleum autho
Nexans Set for Rock Installation on Beatrice OWF Export Cable
Cables specialist Nexans Norway will carry out the rock placement campaign for the installation of the first of two export cables (EC1) in the Beatrice offshore wind farm. Earlier this month, the cable laying vessel Nexans Skagerrak completed the laying and burial of the first 70-kilometer 220kV exp
JFD Delivers Naval Personnel Training at The Underwater Centre
The Underwater Centre has delivered two ROV and hyperbaric system acquaintance training courses and provided 19 days of operational support to JFD as part of their training delivery to one of the world’s largest navies. Training delivery began with The Underwater Centre’s specialist diving team crea
Rovco Executes Wave Hub Job
UK-based Rovco has completed a subsea cable survey and inspection for the offshore renewables test site, Wave Hub. The inspection programme included the first commercial trial of Rovco’s 3D visualisation technology to create scaled, high resolution models of subsea infrastructure with millimetre acc
Keppel Delivers ‘MPV Everest’ to Maritime Construction Services
Keppel Singmarine, a wholly-owned subsidiary of Keppel Offshore & Marine (Keppel O&M), has delivered a multi-purpose ice-class vessel to New Orient Marine, a subsidiary of Luxembourg-based Maritime Construction Services. Named MPV Everest, the vessel was built to the proprietary design of Keppel O&M
Siem Helix 2 Starts Brazil Ops
Helix Energy Solutions’ well intervention vessel, Siem Helix 2, has completed the acceptance process and is on contract offshore Brazil. The vessel will be performing well intervention services under a multi-year contract with Petrobras. Owen Kratz, president and chief executive officer of Helix, sa
Wintershall Starts Up Maria Field Off Norway
Wintershall, and its licence partners Petoro and Spirit Energy, have started production from the Maria field one year ahead of schedule. The original start up was planned for the fourth quarter of 2018. The early start up has reduced costs by more than 20%, with an expected final investment cost of
‘Polar King’ Stays with Nexans
Norwegian offshore vessels provider GC Rieber Shipping and cabling specialist Nexans have agreed to extend the firm period of the charter for the construction support vessel Polar King for 11 months. The first time charter agreement announced in March 2016, was set for a fixed period of about 8.5 mo
Aker Solutions Nets Subsea Equipment Orders From Aker BP
Aker Solutions has secured subsea equipment orders from Aker BP for the Skogul and Valhall Flank West oil fields offshore Norway. Aker Solutions will deliver two subsea manifolds, a controls system and umbilicals for Skogul, which will be tied back to the North Sea Alvheim field. The company will al
Polarcus Secures Caribbean 3D Project
Oslo-listed seismic contractor Polarcus has received a contract award for a 3D project in the Caribbean. The project will begin in Q2 2018, and it will last for two months. Polarcus will use its XArray methodology to optimize both data quality and acquisition efficiency, the company said. Polarcus X
Subsea 7 VP Commercial Steps Down
Subsea 7 said that its executive vice president Commercial, Øyvind Mikaelsen, has decided to step down from his role and will be leaving the company in the second quarter of 2018. Mikaelsen will be succeeded on January 1, 2018 by Stuart Fitzgerald who will be appointed as executive vice president St