Subsea World News has gathered all the highlights to bring you a summarized version of the most popular articles from the previous month.
The month of August has seen companies adjusting to tough market environment with further workforce reductions, shipowners laying-up vessels and some major deals being struck among contractors. Some could be facing corruption charges while others are enjoying historic contract awards.
Offshore services provider Fugro will slash 200 jobs in the next six months and Norway’s Solstad said 300 of its workers will have to go due to its plans to lay-up 10 ships by the end of the year.
Japan’s front end engineering design (FEED) and engineering procurement and construction (EPC) company, Chiyoda, ventured into subsea market by acquiring 50% of Ezra’s EMAS AMC.
Schlumberger went Cameron shopping for $14.8 billion, while the largest ROV owner Oceaneering bought a minority stake in UK’s Viper Subsea and also introduced its most recent innovation, a deepwater Phased Array ultrasonic inspection tool.
Italian authorities will be looking into Saipem books on suspected corruption in Brazil. Meanwhile, Houston-based contractor, McDermott, has secured the largest single award for the company’s Middle East Area operations in history.
For the month of August, our 10 most-read articles were:
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:
Clarifying compliance updates
Quicker well access and safer well control
Understanding HPHT well intervention (systems)
Forecasting well intervention activity, discussing new commercial models and comparing platform options
Best practice riserless well intervention
The latest well intervention equipment
For registration, speaking or sponsorship enquiries contact Abigail Clifton on firstname.lastname@example.org; +44 (0) 203 793 8800.