Electromagnetic Geoservcies (EMGS) signed an extended charter agreement for the vessel BOA Thalassa with BOA SBL (owner of the vessel) at new and improved commercial terms. The new terms are valid as of 1 October 2015. The Galatea and Thalassa vessels…
This year has been a year of anniversaries for many, not least OE, which celebrates its 40th anniversary this year, alongside first oil from the North Sea. Another firm marking a milestone is Schilling Robotics, now FMC Technologies Schilling Robotics…
Despite rapid progress in the 1980s and 1990s, ROV technology development has ground to a halt, according to some. Are we on the brink of a new era? Elaine Maslin reports. A UHD generation III during offshore deployment…
Despite a current pause in commitments to new projects, the capital expenditure (capex) for FLNG vessels is expected to amount to US$35.5 billion over 2015-2021, says a new report by Douglas-Westwood (DW) entitled 'World FLNG Market Forecast 2015-2021…
Oceaneering International announced that its subsidiary Oceaneering International GmbH has entered into a two-year, subsea field support vessel services agreement with an oil and gas company in India for use of the Island Pride. Anticipated…
Lundin Norway encountered oil at two appraisal wells at the Alta discovery in the Barents Sea that proved important for the eastern flank Alta, and will result in further exploration in the area. Map of the appraisal wells…
Electromagnetic Geoservices ASA (EMGS) is extending its cost reduction plans by removing another vessel from its fleet, and reducing staffing levels in a move that will reduce operation costs by up to US$35 million annually, and $70 million for 2015…
Ezra Holdings Ltd., announced its Subsea Services division EMAS AMC has successfully completed the first two of three Noble Energy-operated subsea tieback projects in the US Gulf of Mexico. Image…
Gulf Marine Services' GMS Scirocco newbuild has been completed ahead of schedule and under budget and has been awarded its first contract. The vessel will commence a four-month contract (three months firm with a one-month option) in October for an engineering…
The last pipe in Statoil’s Polarled pipeline has been laid this week in the Norwegian Sea, with the project coming in at 32% under budget. The pipeline was laid by the world's largest pipelaying vessel: Solitaire from Allseas…
VBMS, a strategic joint venture of VolkerWessels and Boskalis, successfully completed the offshore installation of an 18.5km control umbilical for Wintershall Noordzee B.V. The umbilical connects platform RAVN to A6A, located in the Danish and German sectors of the North Sea…
UTEC provided a positioning solution for the installation of a monopod liquid natural gas platform and 30km 10in LNG pipeline for a major operation located in Alaska’s Cook Inlet. A total of 24 field personnel were mobilized and engaged…
Image from DOF Subsea. DOF Subsea has been awarded several major contracts with a total value in excess US$351 million (NOK 3 billion), including options, securing both short-term and long-term utilization of assets and personnel…
SBM Offshore's main Brazilian subsidiary has received written notification from Petrobras of its ability to participate in the recently issued Libra and Sépia FPSO tenders in Brazil. This follows a thorough review of the group’s compliance standards by Petrobras…
Dubai-based Topaz Energy and Marine awarded Singapore-listed shipbuilder Vard Holidings (VARD) two new contracts, which exceed US$100 million, for the construction of two offshore subsea construction vessels (OSCV) this week. Image from VARD…