Highlights of the Week

Subsea World News has put together a recap of the most interesting articles from the previous week (August 03 – August 09).


pokit_3416a75f4cea9109507cacd8e2f2aefc

Fugro has announced further headcount reduction of 200 employees in the coming half year, in particular in the Subsea Services and Geotechnical divisions as it anticipates an even more challenging market in the second half of 2015.

The company said it anticipates the oil services market (around 80% of Fugro’s business) to remain weak for the foreseeable future and will continue to drive cost and capacity down in the second half of the year. This should partially offset the anticipated margin decline.


Technip slips into the red

Paris-based subsea major Technip has slipped into the red in the second quarter as the company booked one-off restructuring charges on market adjusting plans, announced earlier in June.

Namely, on July 6, Technip announced the launch of a restructuring plan with a total one-off charge of €650 million. Of this total, €570 million was booked in the second quarter.

 


Jumbo Gets Underwater Restaurant Project in The Maldives

GAC Sweden AB awarded Jumbo a contract for the transportation and installation of an underwater restaurant.

The restaurant consists of an acrylic dome on a steel structure, has a weight of 410 metric tons and is the second one of its kind, the company wrote.

 

 


SURF contractor, Ceona, has expanded its West African reach after entering into a strategic partnership with Interoil Angola.

The partnership will see Interoil Angola, a player in offshore support vessel management in West Africa, support Ceona’s plans to expand into Angola.

 


DOF Subsea Grabs IMR Contract from Freeport McMoran

DOF Subsea North America has been awarded an IMR contract by Freeport McMoran.

The contract is for a period of 6 months firm and 2 x 6 months options. Under the contract, the company will utilize DPII Multipurpose Construction Vessel ‘Harvey Deep Sea’.

 

 


Share this article

Follow Subsea World News

Events>

<< Oct 2019 >>
MTWTFSS
30 1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 31 1 2 3

6th Offshore Well Intervention Conference Gulf of Mexico

The Offshore Well Intervention Gulf of Mexico conference (OWI GOM) is returning to Houston, Texas for its sixth year on Wednesday 20 – Thursday 21 November.

Featuring Anadarko, BP, Shell, Chevron, BHGE and Oceaneering, the conference aims to help operators transition to the latest compliance updates, WI systems and business models that enhance safety, quicken well access and improve commerciality.

Across two days, more than 200 delegates, 15 exhibitors and 30 speakers will network together and create solutions to some of the most pertinent industry challenges right now, through a conference programme focused on:

  1. Clarifying compliance updates
  2. Quicker well access and safer well control
  3. ​Understanding HPHT well intervention (systems)
  4. Forecasting well intervention activity, discussing new commercial models and comparing platform options
  5. Best practice riserless well intervention
  6. ​The latest well intervention equipment

For registration, speaking or sponsorship enquiries contact Abigail Clifton on aclifton@offsnet.com; +44 (0) 203 793 8800.

More info

read more >

OCEANS 2019

OCEANS is the bi-annual event for global marine technologists, engineers, students…

read more >

OTC Brasil

The conference is organized by the Offshore Technology Conference (OTC) and Brazilian Petroleum…

read more >

Europort 2019

Europort, organised in the world port city of Rotterdam, will be the leading exhibition for special purpose vessels…

read more >