Highlights of the Week

  1. Highlights-of-the-week..

Subsea World News has put together a recap of the most interesting articles from the previous week (May 29 – June 04).


Bibby Offshore has secured a contract with TAQA for subsea construction works in the Eider field, located 184 km north-east of Shetland.

With offshore operations to be completed this summer, the six month contract will see Bibby Offshore adopt a multi-vessel approach, utilizing its subsea support and construction vessel Olympic Ares, and its diving support vessel, Bibby Polaris.


Aker BP has awarded Allseas, via Excalibur Marine Contractors, a long term frame agreement for transport, installation and removal (T,I&R) services.

The company has also been awarded a call off for removal of the Valhall QP topsides and QP/DP bridge in 2019 and disposal thereafter.

The contract has a duration of six years plus two two year options.


Mermaid’s South East Asian and Middle Eastern business units have continued working efficiently on subsea contracts recently awarded during the first quarter of 2017.

The contracts have a combined total estimated potential value of USD 26 million.

The work scope includes saturation-diving and ROV works for riser installation, pipeline tie-ins and MOPU decommissioning in the Malaysian Peninsular and Sarawak.


Swan Hunter has completed mobilisation and commissioning of a flexlay spread onto EMAS Chiyoda Subsea’s multi-lay vessel Lewek Constellation for flexible risers installation.

The lay equipment comprises Swan Hunter’s new-build loading tower complete with tensioner, a 26-meters basket carousel provided by a joint venture partner, plus project-specific components.


Saipem and Eni have signed a contract for offshore drilling activity in Mozambique, utilising the drillship Saipem 12000.

The contract is of 15 months duration scheduled to start in mid-2019. It includes options up to a maximum of 45 months, not comprised in the contract value.

In addition to this contract, which will allow the company to participate in the development of the Coral field, Saipem has been awarded other offshore drilling contracts.


 

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Offshore Site Investigation & Geotechnics Committee 8th International Conference “Smarter Solutions for Future Offshore Developments”

The conference series, which has run since 1979, offers a unique opportunity for geotechnical engineers, geoscientists and academics…

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UTC 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

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IADC World Drilling 2017 Conference & Exhibition

This event showcases products like Cutting edge, drilling technology, well control, health, safety, environment, training and environment industry…

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OGA 2017

OGA 2017 is the most beneficial way to meet, discuss and acquire the latest in the Oil & Gas industry! It is also;…

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