Subsea News


ROVOP Acquires M2 Subsea's ROV Fleet

Oct 22, 2018

Remotely operated underwater vehicles (ROVs) operator ROVOP announced it has purchase of the entire fleet of 28 ROV systems from competitor M2 Subsea.Following a technical review, 19 of the systems meet the ROVOP standard and will be added to its fleet…

Bourbon Awarded Floating Wind Farm Work

Oct 22, 2018

Bourbon Subsea Services has been selected by Windplus to install three floating wind turbines of 8.3 MW, 20 km off Viana do Castelo, Portuguese coast. These turbines, with a total capacity of 25 MW, are the most powerful in the floating offshore wind industry…

ABS Awards AIP to HHI’s Deepwater FLNG Hull

Oct 22, 2018

ABS granted Approval in Principle (AIP) to Hyundai Heavy Industries’ (HHI) Deepwater Floating Liquefied Natural Gas (FLNG) hull design.HHI advises the Newbuilding Conversion FLNG hull design for offshore application can be constructed for about…

Subsea State? Steady with Waves of Optimism

Oct 19, 2018

With the oil price hovering around $80 and increasingly positive signs of an increase in activity, Neil Gordon, chief executive of Subsea UK, gives his prognosis of the U.K.’s subsea sector, which is worth £9 billion and supports 50,000 jobs…

Aker BP Q3 Operating Profit Beats Forecast

Oct 19, 2018

Aker BP's third-quarter operating profit rose more than expected, helped by a boom in oil prices, the Norwegian oil firm said on Friday, while reducing planned capital and exploration spending.Earnings before interest and taxes (EBIT) rose to…

Shell to Invest $2 Bln Annually to Explore in Brazil

Oct 18, 2018

Royal Dutch Shell plans to invest $1 billion to $2 billion annually in oil exploration and production in Brazil through 2025, Brazilian newspaper Valor Economico reported on Thursday.The investment will be made regardless of the outcome of presidential election Oct…

Crondall Energy to Support Siccar Point's Cambo Development

Oct 18, 2018

Crondall Energy, the floating production and subsea specialist, has secured a frame agreement contract with Siccar Point Energy to provide support on the Cambo field, West of Shetland.Support will initially cover the identification and evaluation…

High-End Seismic Imaging Solves Shallow Gas Challenges

Oct 17, 2018

The latest Q modeling, and Q-compensating imaging techniques bring greater clarity to Northern Viking GrabenCGG has recently completed seismic depth imaging of its entire Northern Viking Graben multi-client survey, in the Norwegian North Sea…

James Fisher Continues Growth in Middle East

Oct 17, 2018

James Fisher and Sons plc reported further expansion of its operations in the Middle East, including the recent completion of cable and pipeline trenching projects and new construction and decommissioning activities going live across the region…

Bpifrance, TechnipFMC File Complaint Against Naval Group

Oct 17, 2018

French state-owned bank Bpifrance and oil services company TechnipFMC have filed a complaint against Naval Group for willful misrepresentation, a source close to the matter told Reuters, confirming a story in Challenges magazine.The complaint…

UTEC Introduces New AUV Launch and Recovery System

Oct 17, 2018

UTEC, a global surveying company in subsea services group Acteon, recently commissioned its new launch and recovery system (LARS) for the fleet of seven autonomous underwater vehicles (AUV) it uses for seabed surveys in the oil and renewables industries…

Stewart Marine Orders Neptune Marine EuroCarrier

Oct 17, 2018

UK-based marine services company Stewart Marine has contracted Neptune Marine to build a new EuroCarrier 2611, which is to be named ‘Viking Energy’.To meet Stewart Marine’s operational requirements, Neptune will customise the 26-metre long workboat with a DP1 system…

Partners Lead New Swarm Technology Research

Oct 16, 2018

U.K. based marine technology company Autonomous Robotics Ltd (ARL) will collaborated with Aberdeen’s Robert Gordon University (RGU) to research simultaneous, distributed and scalable localization system for a swarm of autonomous underwater sensor flying nodes…

Nexans Wins Cable Contract for Northwester 2 Wind Farm

Oct 16, 2018

Nexans said it will supply a subsea power cable and associated accessories for the 219 MW Northwester 2 wind farm 46 km offshore from Zeebrugge, Belgium.The French based company has been awarded a contract from Northwester 2 developer Parkwind to design…

Wintershall Struggles to Boost Output from Norway's Maria Field

Oct 15, 2018

German oil firm Wintershall's flagship project in Norway - the Maria oil and gas field - is not meeting output expectations due to water injection issues, the company said on Monday.The field, which started nine months ahead of schedule at end-2017…

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