Subsea News


SMD to Supply ROV for Petrovietnam Subsidiary

Aug 10, 2020

U.K.-based Soil Machine Dynamics Limited (SMD) said it has won a multimillion-dollar contract to supply a medium-sized work class remotely operated underwater vehicle (ROV) to PTSC GEOS & SUBSEA SERVICES CO., LTD., (PTSC G&S), a subsidiary of Petrovietnam Technical Services Corporation (PTSC)…

Time for an Intervention?

Aug 10, 2020

Just as the oil and gas industry was starting to get back on its feet, COVID-19 and plummeting oil prices have affected the market across the board, including well intervention. But players in this space are optimistic, with new vessels and…

DOF Subsea Wins 'Key Award' with Chevron in Australia

Aug 07, 2020

Oslo-listed subsea services and vessels company DOF Subsea has been awarded an IMR Services contract with Chevron in Australia. It has also won a moorings replacement deal in Southeast Asia.DOF Subsea will support Chevron's North-West Shelf and near-shore subsea assets in Australia with DP Vessels…

Fugro ROV Supports North Sea Link Cable Installation

Aug 07, 2020

Fugro has completed a contract for Nexans to provide remotely operated vehicle (ROV) survey and monitoring support services to lay the North Sea Link cable through a mountain and along a lakebed in Norway.National Grid NSN Link Ltd and Statnett…

Radical Changes – Unmanned Survey Services

Aug 07, 2020

Zupt, LLC, based in Houston, Texas has recently completed their 15th unmanned survey service in which there were  absolutely no survey personnel mobilized offshore – only our standard survey equipment and a “communications rack” that allows for serial…

Reach Subsea Adds to Its ROV Backlog

Aug 05, 2020

Reach Subsea, Oslo-listed subsea services provider for the offshore energy sector, has added to its contract backlog.The company had in its 1Q 2020 report said that it had secured 750 project days (representing 1,250 ROV days) for the remainder of 2020…

Jan De Nul Installs Cables, Upgrades Substation for Changhua Offshore Wind Farm

Aug 04, 2020

Belgium-based offshore installation contractor Jan De Nul has completed the installation of four medium-voltage export cables connecting the TPC Changhua offshore wind farm to the shore in Taiwan. The company has also upgraded the onshore substation in Changhua County…

NEO Energy Taps FWM for Southern North Sea Well Management

Aug 04, 2020

NEO Energy, a North Sea-focused oil and gas company has hired Fraser Well Management (FWM) to operate the Victoria well, a shut-in gas condensate well located off the Lincolnshire coast in the southern North Sea.FWM, the well engineering and project management specialist…

Fugro Conducts 'First Fully Remote Inspection' of Offshore Platform in UK

Aug 04, 2020

Dutch offshore services provider Fugro said Tuesday it had delivered 'the first fully remote inspection of an oil and gas platform in UK waters.'The operation took place 250 km east of Scotland, using a remotely operated vehicle (ROV) and Fugro’s remote operations center (ROC) in Aberdeen…

Ex-Subsea 7 Man to Head Harvey Gulf's New Subsea Services Business

Aug 03, 2020

The U.S.-based offshore support vessel operator Harvey Gulf International Marine has appointed Ed Galloway to manage Harvey’s new subsea venture company, Harvey Subsea Services. Galloway was previously Director of Gulf of Mexico Region for Subsea7/i-Tech7 where he ran the company’s IMR business…

Subsea Cable Specialist JDR Breaks Ground on US HQ

Jul 30, 2020

JDR,  a subsea cable supplier and services provider has started construction of a new US headquarters in Tomball, Texas. The building will consolidate three of JDR’s existing facilities in the region to expand its IWOCs (Intervention Work Over…

Subsea 7 Posts $922M Loss in Q2 on Impairment Charges. Offshore Wind Boosts Orderbook

Jul 29, 2020

Offshore installation services company Subsea 7 reported a Q2 net loss of $922 million, compared to a profit of $24 million in Q2 2019, due to impairment charges of $807 million.The second-quarter revenues of $754 million was 21% lower than in the second quarter of 2018…

Geoquip Marine Supports US Offshore Wind Project

Jul 27, 2020

Switzerland-based offshore geotechnical engineering and drilling company Geoquip Marine said it has secured a contract to work on the development of the Coastal Virginia Offshore Wind (CVOW) commercial project being developed by Dominion Energy off the coast of Virginia Beach…

Schlumberger Posts Q2 Loss as Oil Rout Leads to $3.7B Charge

Jul 24, 2020

Oilfield services giant Schlumberger NV on Friday reported its second straight quarterly loss after recording a $3.7 billion charge related to thousands of job cuts and a major pipeline outage in Ecuador.The company cut some 21,000 jobs amid…

Tekmar Energy's Cable Protection for Offshore Wind Farms in Japan

Jul 24, 2020

Subsea protection equipment provider Tekmar Energy will provide cable protection for the Akita and Noshiro offshore wind farm project in Japan.The wind farms, set to be the first utility-scale offshore wind project in Japan, will be delivered by Akita Offshore Wind Corporation…

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