Category archives for: Headlines

Five Additional FMC Technologies’ Subsea Manifolds for Petrobras’ Fields

Five Additional FMC Technologies’ Subsea Manifolds for Petrobras’ Fields

FMC Technologies, Inc. announced that it has received an order for five subsea manifolds from Petrobras, Brazil’s national oil company, for its pre-salt fields located offshore Brazil. The order represents the balance of the 16 subsea manifolds ordered under a frame agreement in 2013. In total, FMC Technologies has received orders for 19 subsea manifolds […]

Top News of the Week of Aug 11 – Aug 17, 2014

Top News of the Week of Aug 11 – Aug 17, 2014

 1. VIDEO: ‘Princess Marseilles’ Crashes into German Cruise Ship (Norway) The 76 meter long seismic survey vessel Princess Marseilles collided with the 260 meter long German Century class cruise ship Mein Schiff 1. 2. Subsea 7 Wraps Up AIV Mission for Shell Subsea 7’s Autonomous Inspection Vehicle (AIV) has successfully completed its first test mission in the […]

World’s Largest Turret on Its Way to Shell’s Prelude

World’s Largest Turret on Its Way to Shell’s Prelude

The largest piece of the turret for Shell’s Prelude Floating Liquefied Natural Gas (FLNG) facility has set sail from Dubai for the Samsung Heavy Industries shipyard in Geoje, South Korea, where the facility is under construction. The turret is part of a mooring system designed to ensure Prelude FLNG can operate safely in the most […]

COSCO Scores $470 Mln Subsea Supply Vessel Deal with Maersk

COSCO Scores $470 Mln Subsea Supply Vessel Deal with Maersk

COSCO (Dalian) Shipyard, a subsidiary of COSCO Shipyard Group, has secured contracts valued over USD 470 million from Maersk Supply Service (MSS), part of the A.P. Moller-Maersk Group, to build four subsea supply vessels. The secured contract comes with an option for Maersk Supply Service to build an additional two subsea supply vessels. The newbuild […]

Google Invests in $300 Mln Subsea Cable Link

Google Invests in $300 Mln Subsea Cable Link

A consortium of six global companies announced that they have signed commercial agreements to build and operate a new Trans-Pacific cable system to be called “FASTER” with NEC Corporation as the system supplier. The FASTER cable network will connect the United States to two landing locations in Japan. The total amount of investment for the […]

Top News of the Week of Aug 04 – Aug 10, 2014

Top News of the Week of Aug 04 – Aug 10, 2014

1. McDermott Cuts Losses McDermott International, Inc. has reported a second quarter 2014 net loss of $11 million or $0.05 per fully diluted share, compared to a net loss of $149 million or $0.63 per diluted share in the prior-year quarter. 2. EMAS Lands USD 110 Mln in Contracts Ezra Holdings Limited, a contractor and provider […]

McDermott Cuts Losses

McDermott Cuts Losses

McDermott International, Inc. has reported a second quarter 2014 net loss of $11 million or $0.05 per fully diluted share, compared to a net loss of $149 million or $0.63 per diluted share in the prior-year quarter. Weighted average common shares outstanding on a fully diluted basis were approximately 237 million and 236 million in the […]

EMAS Lands USD 110 Mln in Contracts

EMAS Lands USD 110 Mln in Contracts

Ezra Holdings Limited, a contractor and provider of integrated offshore solutions to the oil and gas industry, today announced that its Subsea Services division, EMAS AMC, has been awarded several projects around the world worth close to US$110 million, including options. The scope of work for the projects include the transport and installation of subsea […]

Top News of the Week of Jul 28 – Aug 03, 2014

Top News of the Week of Jul 28 – Aug 03, 2014

1. WFS Technologies and Fugro to Offer Wireless ROV Integration WFS Technologies (WFS), the global leader in the delivery of underwater wireless  instrumentation and control solutions to the Offshore Oil and Gas and Renewables industries and Fugro Subsea Technologies (Fugro), which designs, builds and delivers the FCV range of ROVs to its Subsea Services Division, announce […]

TGS in Three New Multi-Client Surveys

TGS in Three New Multi-Client Surveys

TGS has announced three new multi-client surveys, a 3D survey offshore Australia, a 2D survey offshore New Zealand and a 3D survey in the West of Shetland region. Nerites Season 2 is the largest 3D survey TGS has acquired to date in the Asia Pacific region and will cover 13,000 km2 in the Great Australian […]







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