Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (May 11 – May 17).
It is envisaged that the overall reduction in the global workforce would be approximately 2,500 by early 2016, down from the 13,000 reported at the end of 2014. The global fleet will be reduced by up to 11 vessels, based on a mixture of non-renewal of charter vessels and either disposal or stacking of owned vessels.
Optime Subsea Services is a newly established subsea oil and gas services company. It has set up offices in Houston, USA, and the city of Notodden, which is part of the ‘Subsea Valley’ industry cluster in Norway. The company develops its own technology and provides services within subsea intervention, installation and work over operations.
The notification comes just a few day after Gazprom, now a 100% owner of South Stream Transport, announced further development on Turkish Stream project, setting its launch date for December next year.
At a water depth of approximately 1,900 meters, the current field development is located in Mississippi Canyon Blocks 778 and 822, in the ultra-deepwater Gulf of Mexico environment.
Among these contracts awards is the initiation of SapuraKencana’s local operations in Mexico after the company has been hired by Pemex for the installation of structures and superstructures of fixed marine platforms, pipelaying and lifting of major power generation equipment.
