Scaldis Takes Delivery of New Crane Vessel from Royal IHC
Royal IHC has handed over DP2 crane vessel ‘Gulliver’ to Scaldis, a subsidiary of DEME, Jan de Nul and Herbosch-Kiere. IHC managed the complete scope of work for the vessel, including the design, procurement, construction in China, and commissioning and acceptance tests in Rotterdam. The design was drawn up in-house in cooperation […]
Rotech Subsea Establishes Asian Company
Rotech Subsea has established a local company in Asia, Rotech Subsea Asia, and opened an office in Kuala Lumpur, Malaysia. Rotech Subsea Asia will be headed up by new business development manager, Edmond Kumar, who joins Asia team leader, Stephen Sin in the KL office. The local presence now means that Rotech’s […]
McDermott Reiterates Rejection of Subsea 7 Takeover Offer
Subsea 7 has re-affirmed its interest in acquiring McDermott International, a Houston based EPCI contractor. To remind, McDermott has rejected the takeover offer placed by Subsea 7 on April 17, 2018, to acquire the entire issued share capital of the company for USD 7.00 per share, payable entirely in cash or up to 50% in Subsea 7 […]
McDermott Finalizes Installation and Startup of Two ONGC Fields
McDermott International has completed the installation and startup of the Vashishta and S1 gas fields, under an engineering, procurement, construction and installation (EPCI) contract awarded by ONGC. McDermott together with consortium partner LTHE, a wholly owned subsidiary of Larsen & Toubro, was responsible for the engineering, supply and installation of a series […]
Ineos Submits Windermere Decommissioning Application
Ineos UK has submitted a decommissioning application to the Department for Business, Energy & Industrial Strategy (BEIS) for the Windermere field, located in the Southern Basin of the UKCS. The Windermere facilities comprise the platform, wells, export pipeline and the umbilical between Windermere and the ST-1 platform. Topsides and jacket will be removed and […]
Heerema Cuts 350 Jobs as It Exits Offshore Pipe Lay Segment
Heerema Marine Contractors (HMC) has informed that it will cease its offshore pipe lay activities with immediate effect, leading to dismissal of 350 employees. The decision, a part of the strategic transition of the company, follows from a review and commercial evaluation in early 2018 of HMC’s current position in the highly competitive pipe lay market […]
Ørsted Hires EGST for Greater Changhua Site Surveys
Ørsted has hired EGST to conduct three geophysical surveys over its Taiwanese Greater Changhua offshore wind project. The company will conduct seabed mobility survey, export and array cable survey, and potential archaeology inspection, for the four sites of Greater Changhua, to progress detailed wind farm designs. EGST, a joint venture established by Dragon Prince, Pan Formosa and […]
VIDEO: Shell Makes FID on Vito Development in Gulf of Mexico
Shell Offshore has made the final investment decision for Vito, a deep-water development in the U.S. Gulf of Mexico. This decision has set in motion the construction and fabrication of a new, simplified host design and subsea infrastructure, the company informed. Vito is expected to reach peak production of approximately 100,000 barrels of oil equivalent […]
STR Adds Sonardyne Technology to Its Rental Pool
Subsea Technology and Rentals (STR) has boosted its equipment inventory with the purchase of a Sonardyne Mini-Ranger 2 Ultra-Short Baseline (USBL) underwater positioning system. Mini-Ranger 2 has the ability to simultaneously track up to 10 subsea targets over ranges of up to 995 meters, extendable to 4,000 meters, the company explained. Scott […]
DeepOcean Names Ex Subsea 7 VP as Its New CEO
DeepOcean has appointed former executive vice president of Subsea 7, Øyvind Mikaelsen, as a new chief executive officer of the company. Following the appointment of Mikaelsen, current DeepOcean interim CEO Ottar K. Mæland returns to his responsibilities as COO, the company informed. Terje Askvig, chairman of the board of DeepOcean said: “We are very […]