The editors of Subsea World News have selected a few among many worth remembering articles from the previous year that received exceptionally high attention from our readers.
In no particular order, here are some of the news to look back on, in case you missed them last year. Enjoy.
According to the contract, Allseas is to lay more than 900 km of pipes on the seabed. Allseas will engage the world’s largest construction vessel Pioneering Spirit for the job.
The EPCI contract (Engineering, Procurement, Construction and Installation) involves the installation of a gas pipeline between the coastlines of Albania and Italy, across the Adriatic Sea.
The most popular name chosen by the public was RRS Boaty McBoatface. The new research vessel, being built at Cammell Laird is set to sail in 2019.
The 50:50 joint venture will start operations effective from April 01, 2016. The companies signed a binding memorandum of understanding (MoU) in August 2015 when it was agreed that Chiyoda would invest in EMAS AMC.
During Aker companies investor day 2016 at Fornebu, Det norske CEO Karl Johnny Hersvik revealed that the oil company has awarded a subsea contract for christmas trees to Aker Solutions for Alvheim field, Det norske’s core area of production.
In addition, Subsea 7 has been awarded a contract for SURF services. Hersvik told that the contracts for Aker Solutions and Subsea 7 are worth over NOK 2.7 billion (approximately $333 million), and will cover a firm scope of the already decided subsea tie-ins on Alvheim, as well as the frame contract for the next 4 years.
In January 2016, IE carried out inspection on Subsea 7’s diving vessel Seven Falcon in Haugesund, Norway, and found what it believes to be illegal work contracts. IE claimed that staffing agency in Singapore for divers on work contracts with Subsea 7 does not have protection against discrimination, no clear lines in HSE issues and lack of rights in care and parental leave.
The company that has over 900 employees at its base in Stourton, Leeds, said its order intake was significantly impacted by the downturn in the oil and gas industry leaving a good deal of its plants “underutilised”.