Shell Starts Up Production at Kaikias Subsea Development
Shell has launched production – around one-year ahead of schedule – at the first phase of Kaikias, subsea development in the US Gulf of Mexico. The estimated peak production is 40,000 barrels of oil equivalent per day. Shell has reduced costs by around 30% at this deep-water project since taking the investment […]
Olympic Subsea Books Q1 Loss
Olympic Subsea has reported consolidated revenues of NOK 98 million for the first quarter of 2018, against NOK 110 million same time last year. Earnings before interest, tax & depreciation (EBITDA) was NOK 5 million – of this Subsea/Renewable segment contributes with revenues of NOK 85 million and an EBITDA of NOK […]
Balltec Delivers Mooring Equipment for Bluewater ‘Aoka Mizu’ FPSO
Balltec has completed the manufacture, testing and delivery of twelve MoorLOK subsea mooring connectors on behalf of Bluewater Energy Services. The connectors will be used to moor Bluewater’s Aoka Mizu FPSO at Hurricane Energy’s Great Lancaster Area field in the North Sea. Bluewater’s engineering / expediting team selected Balltec’s MoorLOK connector based […]
Aqualis Offshore Wraps Up Jacket Installation Off Bahrain
Aqualis Offshore has completed the jacket installation engineering of an 1800T steel jacket structure offshore Bahrain as part of the Bahrain LNG Import Terminal. Aqualis Offshore delivered the project in cooperation with APMC, who were in charge of the transportation and installation contract on behalf of its EPC contractor client, GS E&C. Aqualis Offshore was contracted by GS […]
Heerema’s Aegir Installs Eneco Amalia DOT Monopile
Heerema Marine Contractors has, together with its client Delft Offshore Turbine (DOT) and its subcontractor CAPE Holland, installed the DOT monopile at the Eneco Amalia wind farm. During the installation of the monopile a relatively new driving technology was used by CAPE Holland in combination with a new installation operation by Heerema’s offshore […]
SolstadFarstad Wins Petrobras Charters | Subsea World News
SolstadFarstad has entered into new contract and contract extensions with Petrobras for three of the company’s Brazilian-flagged vessels. The new deal is a 3-year firm contract, plus 2 years option, for the AHTS BOS Topazio, scheduled to start in Q1 2019, in direct continuation with current charter. Extensions have been secured for […]
i-Tech Services Charters MMA Pinnacle Vessel for Asia Pacific Ops
i-Tech Services, a Subsea 7 company, has signed a three-year charter agreement with MMA Offshore for the MMA Pinnacle vessel. The agreement will help to enhance i-Tech’s Life-of-Field (LoF) services and capabilities in the Asia Pacific region. The MMA Pinnacle, which will become the fifth vessel in i-Tech’ fleet, is designed and built to provide […]
TechnipFMC Lands Chinese Subsea Deal
TechnipFMC has been awarded a subsea contract by CNOOC for the Liuhua 16-2, 20-2 and 21-2 oilfield joint development project in the South China Sea, at water depths ranging from 380 to 430 meters. The contract covers the engineering, procurement and construction of subsea equipment, including 26 units of enhanced horizontal christmas […]
GeoSpectrum Underwater Sound System for South Korean Navy
Elbit Systems’ wholly-owned subsidiary in Canada, GeoSpectrum Technologies has beed awarded a contract from STX Engine Co., to deliver a full end-to-end underwater sound source system (USSS) and software package to the Republic of Korea Navy. The systems will be supplied by the end of 2018. The contract is said to be […]
University of Alaska Fairbanks, PNNL Collaborate on New Research
The University of Alaska Fairbanks and the U.S. Department of Energy’s Pacific Northwest National Laboratory (PNNL) have signed an agreement to advance research on hydropower generation, marine renewable energy and underwater technology development. The five-year collaborative agreement will see PNNL and UAF’s Alaska Center for Energy and Power form research teams, pursue joint funding requests and establish […]