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EMGS cuts another vessel, staff

Sep 29, 2015

Electromagnetic Geoservices ASA (EMGS) is extending its cost reduction plans by removing another vessel from its fleet, and reducing staffing levels in a move that will reduce operation costs by up to US$35 million annually, and $70 million for 2015…

Lewek Constellation completes inaugural reel lay projects

Sep 29, 2015

Ezra Holdings Ltd., announced its Subsea Services division EMAS AMC has successfully completed the first two of three Noble Energy-operated subsea tieback projects in the US Gulf of Mexico.   Image…

GMS newbuild gets first contract

Sep 29, 2015

Gulf Marine Services' GMS Scirocco newbuild has been completed ahead of schedule and under budget and has been awarded its first contract.  The vessel will commence a four-month contract (three months firm with a one-month option) in October for an engineering…

Polarled in place, well under budget

Sep 29, 2015

The last pipe in Statoil’s Polarled pipeline has been laid this week in the Norwegian Sea, with the project coming in at 32% under budget. The pipeline was laid by the world's largest pipelaying vessel: Solitaire from Allseas…

Petrobras hits oil at Carcará Noroeste

Sep 29, 2015

Brazil’s Petróleo Brasileiro (Petrobras) discovered high-quality light oil potential at the third well in the Carcará pre-salt discovery area offshore São Paulo. Carcará map. From Petrobras. The third well…

VBMS installs Wintershall umbilical

Sep 28, 2015

VBMS, a strategic joint venture of VolkerWessels and Boskalis, successfully completed the offshore installation of an 18.5km control umbilical for Wintershall Noordzee B.V. The umbilical connects platform RAVN to A6A, located in the Danish and German sectors of the North Sea…

UTEC completes Cook Inlet installation

Sep 28, 2015

UTEC provided a positioning solution for the installation of a monopod liquid natural gas platform and 30km 10in LNG pipeline for a major operation located in Alaska’s Cook Inlet.  A total of 24 field personnel were mobilized and engaged…

GoM linked to midstream merger

Sep 28, 2015

A midstream merger that will see Energy Transfer Equity (ETE) acquire The Williams Cos. (WMB) in a US$37.7 billion deal is linked to offshore operations in the US Gulf of Mexico. The Gulfstar spar…

ATCE15: Baker Hughes introduces DeclineShift for mature assets

Sep 28, 2015

Baker Hughes announced the commercial release of its DeclineShift mature asset solution. “As wells and fields age, operating costs tend to rise as production declines. Operators have generally tried to meet this challenge by lowering cost per barrel…

Newpark Drilling Fluids gets new VP

Sep 28, 2015

Newpark Drilling Fluids announced the appointment of Tim Armand as vice president of US Offshore Operations. Armand began his career in the energy industry with Tetra nearly 30 years ago. He has since gained invaluable experience…

IMCA appoints new technical advisor

Sep 28, 2015

Image: John Bradshaw/IMCA John Bradshaw has joined the technical team at the International Marine Contractors Association (IMCA) as a technical adviser. Eight technical advisers work with the Association’s technical director…

Subsea Systems Institute gets new director

Sep 28, 2015

Image: Bill Maddock/Subsea Systems Institute Bill Maddock has been named director of the Subsea Systems Institute, a national research center established in Houston to develop the transformative technologies…

BG Group to explore offshore Newfoundland

Sep 28, 2015

BG Group has acquired three non-operated positions offshore Newfoundland from Repsol. This provides the company with access to early stage exploration in a proven prospective basin ahead of the first well being drilled later this year…

DOF Subsea awarded subsea, IMR contracts

Sep 28, 2015

Image from DOF Subsea. DOF Subsea has been awarded several major contracts with a total value in excess US$351 million (NOK 3 billion), including options, securing both short-term and long-term utilization of assets and personnel…

Eni in Guendalina gas find

Sep 28, 2015

Eni encountered gas at the Guendalina sidetrack well offshore Italy, according to partner Rockhopper Exploration. The well, located at the Guendalina gas field in the Adriatic Sea, reached its target depth of 3276m measured depth on schedule and budget…

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