Highlights of the Week

Subsea World News has put together a recap of the most interesting articles from the previous week (June 13 – June 19).

Ezra Holdings, Chiyoda Corporation and Nippon Yusen Kabushiki Kaisha (NYK) have entered into a binding agreement for NYK to invest in EMAS CHIYODA Subsea (ECS), which is currently a 50:50 joint venture company owned by Ezra and Chiyoda.

Through the acquisition of shares from Ezra and Chiyoda, NYK will own 25% of ECS, with Ezra and Chiyoda retaining 40% and 35% shareholding, respectively, upon completion of the transaction.

Forum Energy Technologies UK has unveiled a deep-water test facility and received industry accreditation for the calibration laboratory at its new European Operational Centre in Aberdeen.

The indoor test tank is one of the largest in the North-east of Scotland and is dedicated to testing subsea tooling and survey sensors as well as work-class remotely operated vehicles (ROVs).

Technip USA has awarded a contract to Norwegian offshore contractor BOA for light construction, heavy lift and possible umbilical lay operations and installations in the Gulf of Mexico.

For this scope of work the company said it will utilize its offshore construction vessel Boa Sub C, along with the 400 t AHC main crane supported by the 30 t AHC crane, both OI Millennium WROV’s and the 2500 t carousel.

Egyptian Aircraft Accident Investigation Committee has confirmed the discovery of several main locations of the wreckage of EgyptAir Flight 804, which crashed into the Mediterranean Sea last month.

Survey vessel ‘John Lethbridge’, contracted by the Egyptian government to join the search, has identified the locations and provided the investigation committee with first images of the wreckage.

IHC has introduced a new inter-array cable-laying vessel designed to facilitate more efficient offshore wind farm installations.

The vessel is approximately 106 meters long with breath of 22 meters. According to IHC, the new design should reduce costs for inter-array cable-laying operations by 20 to 30%.

Share this article

Follow Subsea World News

Twitter
Facebook
Newsletter
RSS

<<	Jun 2017	>>
M	T	W	T	F	S	S
29	30	31	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	1	2

Jun 2017

UTC 2017

20/06/2017 - 22/06/2017

The subsea industry has, as all other parts of the oil & gas industry, been seriously rattled by the most severe downturn in the hydrocarbon energy era. However, the realization of what hit us and actions to be taken to sustain a healthy and profitable future is still on-going – unfortunately with thousands of colleagues paying the price by losing their job as one of the most severe consequences. At this time, there are signs that we have reached bottom in terms of most industry indicators, but few experts expect a sharp recovery. Many seem to believe that a slow recovery is what the industry needs in order to avoid an unsustainable capacity build-up, as seen in the period after the financial crisis. Considering the uncertainty of what the future will bring, this year’s UTC Program Committee have decided to challenge all of us to present ideas, experiences, technological innovations, business models and execution models for how to shape our subsea future and explain how and why subsea is the future.
UTC welcomes abstracts based on the topics listed below. If selected, please consider writing a paper in addition to the UTC presentation. From 2017, UTC papers will be published in an international database.

More info

Subsea World News

Highlights of the Week

Subsea World News has put together a recap of the most interesting articles from the previous week (June 13 – June 19).

Share this article

Follow Subsea World News