Modus Seabed Intervention, the leading subsea engineering and specialist Unmanned Underwater Vehicle (UUV) service provider, has confirmed an investment into a new advanced Remotely Operated Vehicle (ROV) to further enhance its fleet of subsea vehicles. Manufactured by SMD in North East England, the cutting edge 150hp Quasar ROV ordered by Modus will be the first [...]
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Premier announces that it has been awarded three blocks in Brazil’s 11th Round held in Rio de Janeiro on 14 May. The blocks are located in deep water basins offshore North East Brazil in largely under-explored areas and contain prospects and leads capable of delivering between 250 mmbbls and 1 bn bbls each. Premier was [...]
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DOF Subsea has secured multiple contract awards in the Asia Pacific region over the last couple of weeks, with a total contract value of about USD 50 million. The contracts will utilize the vessels Skandi Singapore, Skandi Hercules and Skandi Hawk. DOF Subsea’s CEO, Mons S. Aase, is pleased with the new contract awards, further [...]
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Cargotec’s MacGregor has received EUR 22 million order to deliver a 900-tonne active heave-compensated (AHC) MacGregor subsea crane to the South Korean shipyard, Hyundai Heavy Industries Co Ltd. The crane will be installed on a 150m multi-purpose offshore construction vessel (MOCV) ordered by Sealion Shipping, on behalf of Toisa Ltd. “This is the largest active [...]
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Subsea 7 S.A. (the “Group”) announced results for the fourth quarter and full year which ended on 31 December 2012. Unless otherwise stated, the comparative period is the three and thirteen months ended 31 December 2011 for Subsea 7 S.A. and the results of Subsea 7 Inc. following the date of Combination on 7 January [...]
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GE announced the largest expansion of its Batam manufacturing facility to date, with the construction of a high bay for a new line of subsea wellhead equipment that will further increase local content. Making the announcement at the Indonesia Petroleum Association’s (IPA) 37th Annual Convention, Visal Leng, regional general manager of GE Oil & Gas [...]
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Cal Dive International, Inc. announced that it has been awarded two additional contracts from Pemex Exploración y Producción that are expected to generate combined total revenues of approximately $188 million. The first contract is for the procurement, installation and commissioning of 47 kilometers of 20 inch subsea pipeline and associated tie-ins to an existing platform. [...]
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FMC Technologies, Inc. announced that it has received an order from ConocoPhillips Australia Pty. Ltd. for the supply of subsea equipment for its Bayu Undan Phase 3 project. The order has an estimated value of $26 million. The Bayu Undan field is located in the Timor Sea, approximately 280 miles (450 kilometers) northwest of Darwin, [...]
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Hallin Marine, a Superior Energy Services company, has secured a contract with EnQuest for an inspection, repair and maintenance (IRM) project in the UK Sector of the North Sea. The work will include full structural inspection activities as well as a number of repair and maintenance operations at EnQuest’s Thistle Alpha Platform, 275 miles north-east [...]
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BP and partners Total, Petrobras and Petrogal were yesterday named winning bidders for eight deepwater blocks offshore Brazil in the Brazilian National Petroleum Agency’s (ANP’s) 11th bid round. BP will be operator in two of the blocks. The companies have committed to explore concession blocks FZA-M-57, FZA-M-59, FZA-M-86, FZA-M-88, FZA-M-125, and FAZ-M-127 in the Foz [...]
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