N-Sea Hits MENA Dive Campaign Milestone
IRM subsea services expert N-Sea has delivered over 200 continuous days of air and saturation diving program in the Red Sea. Awarded by a supermajor operating in the MENA region, the multi-level, twin bell operations started in July 2019. Deployed via dive support vessel the Lichtenstein, the on-going work scope comprises the […]
Saipem Nets Over $500 Million in Contracts
Saipem has won a number of contracts in various countries worth over $500 million. The first engineering, procurement, construction and installation (EPCI) contract has been awarded by Saudi Aramco in the Kingdom of Saudi Arabia as part of the long-term agreement in force until 2021. The scope of the offshore work encompasses […]
Red Ink for Aker Solutions
Norwegian services player Aker Solutions booked Q4 2019 loss of NOK 148 million, against profit of NOK 178 million in the prior-year comparable period. The result was impacted by restructuring and impairment costs as well as ‘very competitive market’ and contracts taking longer to be awarded. Loss per share was NOK 0.58. […]
Fugro Surveys i3 North Sea Assets
Dutch survey specialist Fugro has recently started a site survey in support of i3 Energy’s planned 2020 drilling program in the UK North Sea. The survey is expected to conclude during February and covers the remaining areas of Serenity and Liberator West’s Minos High structures not covered by i3’s 2019 site survey. […]
Site Survey Kicks Off at Sofia Offshore Wind Farm
German developer Innogy has marked the beginning of the first phase of Sofia offshore wind farm’s six-month site investigation as the vessel Fugro Pioneer left the Port of Sunderland to survey the project’s 220-kilometre export cable corridor. As part of this phase, both geophysical and geotechnical surveys will be carried out along the route from […]
NBO Umbilicals for CNOOC Deepwater Project
Ningbo Orient Cable (NBO) said it has recently been awarded the 15.8-kilometer LH 29-2 deep-sea SPS umbilical project by CNOOC Deepwater Development. This is the first deep-water static umbilical project (800 meters water depth, 9 super duplex SS tubes) which realize the production localization in China after the 23-kilometer gas field static […]
MacArtney Eyes Future Growth | Subsea World News
Denmark-based subsea technology company MacArtney has announced it plans to focus on improving and strengthening the Group’s overall scalability to support future development, after reporting positively on the 2018/19 financial year. MacArtney said that its 2018/19 financials demonstrate a growing top and bottom line with increased activity in key underwater technology industries. With a continued […]
SES and Optimum Program in Drilling Riser Maintenance Pact
Stress Engineering Services (SES) has entered into an agreement with Optimum Program to form the RiGUARD joint venture. RiGUARD combines SES’ offshore drilling analytics expertise with the Optimum Program data-driven drilling riser maintenance program that delivers drilling riser condition-based maintenance (CBM) program. Together, the companies aim to develop a CBM program that […]