Subsea
WATCH: Valemon Field Opened
The following video shows petroleum and energy minister Tord Lien opening the Valemon gas and condensate field in the North Sea today. According to Statoil, expected recoverable reserves from the field are 192 million barrels of oil equivalent. “Valemon is one of several new projects on the Norwegia
Akastor’s MHWirth Cuts 750 Jobs
Oilfield services investment company, Akastor, has confirmed that its wholly owned portfolio company MHWirth will axe its global workforce due to deterioration in the rig market. Namely, in February this year, MHWirth announced it will be reducing its workforce between 500-750 people. In line with t
EMAS AMC Bags $55 Mln in Contracts
Ezra’s subsea services division, EMAS AMC, has secured multiple new contracts from various oil and energy companies worth approximately US$55 million. Scope of work includes project support, inspection, maintenance and repair (IMR), subsea removal work of pipelines and structures, installation of bu
Toisa Orders Two ROV Support Vessels
Bermuda-based vessel owner, Toisa Limited, has inked a deal with Qingdao Wuchuan Heavy Industry (QWHI) for the construction of two DP2 Multi-Purpose Offshore Construction & ROV Support Vessels (RSV’s), to be delivered in mid-2017. According to Sealion Shipping, the vessel design is by Salt Ship Desi
Bluestream Buys Aquatech’s Offshore Division
A Dutch offshore and subsea contractor, Bluestream, has acquired the offshore division of Aquatech Diving BV in Joure (NL). According to the company’s social media, the offshore management, diving and ROV assets of Aquatech Diving BV, acquired by Bluestream, will be integrated in the Bluestream orga
TGS, Dolphin in Joint Seismic Shoot in Barents Sea
TGS has signed a joint venture agreement with Dolphin Geophysical to acquire 4,500 km2 3D multi-client seismic survey over the western part of the Hammerfest Basin in the Barents Sea. The survey will provide industry with broadband data over APA acreage not previously covered by modern MC 3D. Succes
Seatec Nets Two New Orders
N-Seatec Subsea Systems B.V. (Seatec), a provider of technical solutions and services to clients in On-and Offshore Industry, has secured two orders for its systems. The first one is a repeated order for Seatec’s complete Innova Matrix MK II+ system. The Matrix MK II is a stand-alone fibre optic mul
iXBlue Marks USBL Sales Milestone
iXBlue is celebrating a sales milestone of more than 250 USBL systems since the introduction of POSIDONIA (very-long-range USBL) in 1999 and GAPS (pioneering single-enclosure USBL-INS) in 2004. Latest 4th-generation GAPS, with L/USBL and DP features, was delivered to SapuraAcergy, an engineering and
DONG: Gode Wind’s First Foundation in Place
DONG Energy informed that the first foundation has been successfully installed at the Gode Wind Offshore Wind Farm in the German North Sea. With this project, DONG Energy is building Germany’s biggest offshore wind farm 45km from the mainland and around 33km from the islands Juist and Norderney. Tri
Subsea 7 Installs Nautronix NASNet on Aasta Hansteen
Nautronix has reported that the NASNet array in Statoil’s Aasta Hansteen field is fully operational and awaiting first field construction. Last year Nautronix secured an order with Subsea 7 to supply 16 NASNet stations along with a wet-stored spare station and three additional MTrx beacons to provid
Corvus Supplies ESS for Edda Freya
Corvus Energy, Siemens AS and Ostensjo Rederi strengthen their partnerships with a second offshore vessel project. The new 150m MPSV to be named the Edda Freya will incorporate a 1050VDC, 546kWh Corvus ESS consisting of 84 Corvus Energy AT6500 advanced lithium polymer battery modules. This new proje
Bourbon Under Bribery Inspection
Bourbon SA has been placed under formal investigation following the arrest and investigation of its former tax manager under suspicion of bribery of foreign public officials. Namely, Bourbon’s former tax manager was arrested at the airport of Marseille-Provence while he was returning from Africa in
New RP for Subsea Steel Forgings from DNV GL
DNV GL developed new Recommended Practice (RP) ’Steel forgings for subsea applications’ that will enable reduced lead times, enhanced stock keeping, interchangeability of forgings and help to improve and maintain consistent quality. “Unifying requirements for forgings into an acceptable common speci
Island Constructor Cleared For Work on Shell’s Draugen
The Petroleum Safety Authority Norway (PSA) informed that AS Norske Shell has been given green light to use Island Constructor for activities at well 6407/09-A-555-H on the Draugen field. Draugen is an oil field in the Norwegian Sea in 250 metres of water. The field has been developed using a fixed