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 October marked announcements from some of the major subsea players including Subsea 7, Technip and Saipem. The trio managed to secure new contracts in the third quarter in Africa, Gulf of Mexico and Middle East, despite the challenging market. Nevertheless, news that Technip was hit by a boycott notice from Norwegian offshore union was the one that got the most attention this month.
In addition, Subsea 7 decided to further reduce its headcount in Norway by some 70 offshore workers due to continued decline in activity, while Saipem is looking for ways to adjust itself to new market conditions as Eni starts selling its stake in the company.
Good news come from Forsys Subsea, a joint venture between FMC Technologies and Technip. After being awarded its first two integrated front end engineering studies, the newly established subsea player is eyeing its first EPCI award in 2016.
DOF Subsea prepared Skandi Africa for deepwater work and the vessel has entered a five-year charter with Technip. Petrofac has, however, terminated the contract for JSD 6000, deepwater multi-purpose offshore vessel, with Chinese manufacturer ZPMC. ZPMC said it will take legal action to protect its interest in the case.
News that Boskalis Subsea Services is moving in on UK offshore and renewable industry sector by setting up a base in Aberdeen, also sparked the interest of our readers.
For the month of October, our 10 most-read articles were:
Technip Receives Norway Boycott Notice Subsea 7 Job Axe Falls in Norway
Saipem Lands Work for USD 680 Mln Technip Scores Stones Work for Shell
Boskalis Sets Up Aberdeen Base Petrofac Cancels Vessel Deal with ZPMC
Eni Sells Saipem Stake Forsys Subsea Eyes EPCI Award in 2016
Subsea 7 Bags END-3 Gig Off Egypt Skandi Africa Begins Technip Charter