Subsea
James Fisher Buys EDS HV Group
James Fisher and Sons has acquired the entire share capital of Lancashire-based EDS HV Group (EDS). The company acquired EDS for an initial consideration of £9.0 million in cash with potential further consideration of up to £5.6 million subject to profit targets for the two years ending September 30
Hydratight Delivers Record-Breaking Campaign for Statoil
Subsea connector specialist Hydratight has recently supplied three remote connectors for Statoil offshore Norway. The subsea installation, said to be an oil and gas industry first, was performed in three weeks by remotely operated equipment from the pipeline repair and subsea intervention pool (PRSI
NIOZ to Supply Research Vessel to BGR for Indian Ocean Survey
Royal Netherlands Institute for Sea Research (NIOZ) has received a contract from German Federal Institute for Geosciences and Natural Resources (BGR) to supply a research vessel for a survey in the Indian Ocean. The contract was secured on Tuesday, December 05, 2017, through the tender procedure. Th
NACE Launches New Corrosion Management Tool
NACE International Institute has released ‘Impact Plus’ corrosion management product. This platform is designed to advance corrosion management performance across all industry sectors, from pipelines and bridges to maritime and defense systems. According to NACE, Impact Plus is the next step in impr
Russia to Produce Subsea Production Systems Prototypes by 2019
St. Petersburg hosted today a meeting of the Inter-Agency Working Group on reducing dependence of Russia’s fuel and energy complex on imported products involving representatives of Gazprom. The meeting was chaired by Denis Manturov, Minister of Industry and Trade of the Russian Federation. Gazprom w
Trelleborg Inks Landing String Solutions Deal
Landing String Solutions has signed an agreement with Trelleborg’s offshore operation for Trelleborg to manufacture its landing string buoyancy system featuring 100% composite materials. Through this agreement, both companies are said to be aiming to market the solution to a wider customer base glob
US Navy’s CURV-21 and Russian Yantar Vessel Join ARA San Juan Search
U.S. Navy has directed Supervisor of Salvage and Diving (SUPSALV) to deploy the cable operated unmanned recovery vehicle (CURV) 21 to join the search efforts for the missing Argentine submarine ARA San Juan. The search effort, which began on November 15, when the submarine went missing, recently shi
PHOTO: Ultra Deep Solutions Bags Contract for DSCV Van Gogh
Singapore-based Ultra Deep Solutions (UDS) has secured a five-year contract for its DP2 multipurpose diving support and construction vessel (DSCV) ‘Van Gogh’. The 111.5 meters long Van Gogh is equipped with 18-men single bell saturation system for depth down to 300 meters. The vessel has its own moo
M2 Subsea Boosts European Business Development Team
M2 Subsea has appointed David Sinclair as business development manager – renewables and decommissioning. Based in Aberdeen, David will be responsible for leading the company’s business acquisition strategy for both these sectors in the UK Continental Shelf (UKCS) and Europe. Sinclair joins M2 Subsea
Prysmian Snaps Up General Cable for $3Bln
Prysmian and General Cable have entered into a definitive merger agreement under which Prysmian will acquire General Cable for $30.00 per share in cash. The transaction values General Cable at approximately $3 billion, including debt and certain other General Cable liabilities, and represents a prem
CGG Looks for New Boss as Malcor Leaves Helm in Q1 2018
French seismic player CGG has informed that its chief executive officer, Jean-Georges Malcor, will step down from the position once the restructuring process of the company is completed. The announcement follows the favorable decision of the Paris Commercial court approving the safeguard plan of CGG
Monet Subsea Cable Ready for Service
The consortium behind the Monet subsea cable system that connects Florida to Brazil has informed that the cable is ready for service. The consortium consists of Algar Telecom (Brazil), Angola Cables (Angola), Antel (Uruguay), Google and TE SubCom, a TE Connectivity company. According to TE SubCom, t
Magseis and BGP Secure More Red Sea Work
Magseis has together with is partner, BGP, been awarded an extension to the ongoing contract with BGP Arabia and Saudi Aramco to acquire additional ocean bottom seismic data in the Red Sea. The new survey has an expected duration of more than seven months and will begin in January 2018. The survey f
Aker Solutions Grabs Johan Castberg Work Worth USD 480M
Aker Solutions has won work to support Statoil in development of the Johan Castberg field, the largest oil discovery in the Norwegian Barents Sea. The company will supply subsea production system and design the topside of the floating production, storage and offloading (FPSO) facility, which will be