Latest News

PLDT Invests in Asia-Africa-Europe 1 Subsea Cable
Mon, 16 Oct 2017 12:35:19

PLDT announced an investment in the Asia-Africa-Europe 1 (AAE-1) submarine cable system through a partner in the consortium that owns the fiber optic cable linking Asia, Africa, and Europe. PLDT is...

Solstad Farstad Secures Two Contract Extensions
Mon, 16 Oct 2017 09:29:46

Solstad Farstad has agreed contract extensions for two of its vessels. The first extension is for the construction support vessel (CSV) Normand Pacific with Prysmian Powerlink, the Prysmian...

Fugro’s CEO to Step Down
Mon, 16 Oct 2017 07:52:52

Fugro has informed that its current CEO, Paul van Riel, will retire on April 26, 2018. The supervisory board of Fugro has decided to nominate Øystein Løseth for the appointment as a member of the...

Spectrum Begins Seismic Shoot Off Brazil
Mon, 16 Oct 2017 07:13:07

Spectrum has started a 6,000 km multi-client 2D seismic survey covering the Ceara Basin within the Equatorial Margins of Northern Brazil. Data is being acquired with a 12,000 m streamer with...

Oil Spills from LLOG’s Subsea Pipeline in GoM
Mon, 16 Oct 2017 06:54:43

LLOG Exploration Offshore has reported an oil release from subsea infrastructure in 4,463 feet of water in the Gulf of Mexico approximately 40 miles southeast of Venice, La. The company reported to...

Tekmar Energy Gets API Certification
Mon, 16 Oct 2017 05:49:29

Tekmar Energy has achieved independent approval for the design and manufacture of its PU bend restrictors for compliance to the American Petroleum Institute’s (API) specification for flexible pipe...

Highlights of the Week
Sun, 15 Oct 2017 04:01:09

Subsea World News has put together a recap of the most interesting articles from the previous week (October 09. – October 15). Baker Hughes, a GE company, reportedly held talks with the London-based...

Seamec Wins Short-Term Charter with IGOPL Offshore
Fri, 13 Oct 2017 12:42:32

India’s provider of diver support vessel-based diving services Seamec has entered into a contract for charter hire of the vessel ‘SEAMEC III’ with a subsea solutions company IGOPL...

UWA Heads JIP on Hydrate Risk Management in Jumpers
Fri, 13 Oct 2017 10:21:19

The University of Western Australia (UWA) is leading a joint industry project (JIP), supported by the Industry Technology Facilitator (ITF), to provide industry with a better understanding of the...

Fugro Strengthens Foothold in Taiwan Offshore Wind Services Market
Fri, 13 Oct 2017 09:36:55

Fugro said it has recently signed a memorandum of understanding (MoU) with International Ocean Vessel Technical Consultant (IOVTEC) to boost its involvement in the emerging offshore wind farm market...

Marine Power Systems Enters New Phase of WaveSub Trials
Fri, 13 Oct 2017 09:06:07

Marine Power Systems (MPS), a wave power technology development company based in Wales, UK, said it will unveil its quarter-scale, prototype WaveSub wave energy generator, marking its move to a new,...

Subsea UK: Last Call for 2018 Awards Nominations
Fri, 13 Oct 2017 07:45:14

Industry body, Subsea UK has issued a final call for entries ahead of its 2018 business awards. The awards recognise companies and individuals who are leading the way in Britain’s £9-billion subsea...

MDL Delivers Its Biggest Reel Drive System to Oceaneering
Fri, 13 Oct 2017 07:23:51

Oceaneering has taken delivery of an 800-tonne SWL (safe working load) reel drive system from Maritime Developments (MDL). The modular system will be used to deploy and retrieve SURF products (subsea...

Offshore Energy Exhibition & Conference 2017 – Celebrating 10 Years of Offshore Energy
Fri, 13 Oct 2017 06:37:42

Offshore Energy Exhibition & Conference brought together over 550 exhibitors and 12,145 visitors in halls 1, 2 & 5 of Amsterdam RAI. While the number of exhibitors slightly decreased compared...

OceanWorks Strengthens Team as Grob Returns as Technical Director
Fri, 13 Oct 2017 06:23:46

Subsea solution engineering company OceanWorks International has welcomed back Harald Grob as technical director. Having spent almost half of his 30+ years of experience with OceanWorks, it’s a...

RED Engineering Monitoring Tech for Beatrice Jackets Installation
Thu, 12 Oct 2017 12:52:07

RED Engineering has developed new monitoring technology to improve accuracy, speed and safety during the installation of jacket foundations for wind turbines at the Beatrice Offshore Wind Farm...

ONGC Hands Daman EPCIC Work to L&T
Thu, 12 Oct 2017 11:18:01

L&T Hydrocarbon Engineering Limited (LTHE), a subsidiary of Larsen & Toubro, has secured an offshore contract from Oil & Natural Gas Corporation (ONGC) for the transportation and...

Benbecula Subsea Services Buys Lift-Rite Group
Thu, 12 Oct 2017 10:12:49

Ryecroft Glenton Corporate Finance and Square One Law have advised on the sale of Lift-Rite Group to Benbecula Subsea Services, a business led by Ally MacDonald, former CEO of Wellstream and MD of...

Forum Estimates Q3 Revenue at $200M After Harvey Effect
Thu, 12 Oct 2017 09:02:06

Houston-based oilfield products company Forum Energy Technologies has said it expects third quarter revenue of approximately $200 million and a net loss of approximately $0.20 per diluted share in...

OEEC: Video Highlights of Day 2
Thu, 12 Oct 2017 08:30:37

Here are some of the highlights of the final event day at the Offshore Energy Exhibition & Conference 2017 held at Amsterdam RAI on October 11. The event, celebrating its 10-year...

JFSE Takes On Another Decommissioning Project in Gulf of Mexico
Thu, 12 Oct 2017 07:22:23

James Fisher Subsea Excavation (JFSE), a part of James Fisher and Sons, is embarking on its 80th decommissioning/salvage job in the Gulf of Mexico. The platform was destroyed during Hurricane Ike in...

Global Marine to Take Over Fugro’s Trenching and Cable Laying Division
Thu, 12 Oct 2017 07:03:19

Global Marine Group (GMG) has entered into an agreement to acquire Fugro’s trenching and cable lay services business. The purchase consideration, valued at approximately $73 million, consists...

Hardide-MFV Develop New HT/HP Subsea Valve Coating
Thu, 12 Oct 2017 05:46:14

Hardide Coatings and Master Flo Valve (MFV) have developed a new solution to protect high temperature, high pressure (HT/HP) subsea choke valves. The valves are the first of their kind to feature the...

Meller Launches Sapphire Optical Domes for Deepwater Drones
Thu, 12 Oct 2017 05:30:01

Providence-based Meller Optics has introduced custom-engineered sapphire optical domes for subsea drone applications to extend the viewing angle of vision systems and resist algae growth. According...

Subsea 7 Turns Down Baker Hughes?
Wed, 11 Oct 2017 13:19:10

Baker Hughes, a GE company, reportedly held talks with the London-based offshore engineering, construction and services player Subsea 7 about a possible acquisition. According to Wall Street Journal,...

Subsea UK Conference to Explore New Ideas on Underwater Technology
Wed, 11 Oct 2017 12:22:22

The latest subsea technologies and adaptations developed in response to increasingly challenging market conditions will be among the topics under the spotlight at Subsea UK’s 2017 Underwater Vehicles...

Nautilus Inks Funding Mandate Deal with DSMF
Wed, 11 Oct 2017 11:52:24

Nautilus Minerals has entered into a Funding Mandate Agreement with Deep Sea Mining Finance (DSMF). DSMF will seek to leverage the international expertise and financial relationships of...

OEEC: FORESEA Calls Tech Developers to Switch to Renewables
Wed, 11 Oct 2017 11:29:49

The FORESEA (Funding Ocean Energy through Strategic European Action) programme has launched its 4th call for proposals today at the Offshore Energy 2017 conference in Amsterdam, the Nederlands. The...

JFSE Wraps Up North Sea Pipeline Deburial Project
Wed, 11 Oct 2017 08:51:15

James Fisher Subsea Excavation (JFSE) said it has recently completed a North Sea pipeline deburial project in just a single pass. The team deployed the T4000 tool at a depth of 85 meters for the...

ROV Maker Deep Trekker Partners with Vortex Companies
Wed, 11 Oct 2017 08:01:51

The Vortex Companies announced today that it has entered into a strategic partnership with Deep Trekker, a developer and manufacturer of commercial-grade pipe inspection crawlers and other remotely...