OneSubsea has been awarded an engineering, procurement and construction contract totaling more than $170 million from Belayim Petroleum Company (Petrobel). OneSubsea will supply the subsea production systems for the first stage of the Zohr gas field, located in the Shorouk Concession, offshore Egypt
OneSubsea, a Schlumberger company, has been awarded an engineering, procurement and construction contract totaling more than $170 million from Belayim Petroleum Company (Petrobel). OneSubsea will supply the subsea production systems for the first stage of the giant Zohr gas field, discovered by Eni
Earlier this year, Norwegian company AKVA group teamed up with Sinkaberg-Hansen and Egersund Nethas to establish Atlantis Subsea Farming to develop submersible fish-farming facilities for salmon on an industrial scale. Atlantis Subsea Farming has applied for six development licences to enable large-
Sonardyne Asia in Singapore, and its Korean agent, Insung have supplied underwater communications equipment that enables video transmission and untethered control of the unmanned vehicles to Korean Research Institute of Ships and Ocean Engineering (KRISO). Namely, Sonardyne’s BlueComm 100-series opt
Seabed-to-surface engineering, construction and services contractor Subsea 7 has signed a three-year contract with Xait. Xait is Norwegian company behind the software XaitPorter. XaitPorter is a cloud based software that enables several contributors to work on the same document at the same time. “Su
Ooredoo has concluded the landing of the Southeast-Middle East-Western Europe 5 (SEA-ME-WE 5) submarine cable system in Oman. The cable was installed at the base station in Qalhat in the Governorate of Ash Sharqiyah South. The SEA-ME-WE 5 submarine cable has been designed with the upgradable 100Gbps
The International Association of Dredging Companies’ (IADC) Seminar on Dredging and Land Reclamation will be held from Monday, 20 June, through Friday, 24 June, 2016 at UNESCO-IHE, Delft, the Netherlands. This five-day course strives to provide an understanding through lectures by experts in the fie
In preparation for the rainy season, the local government of San Fernando recently purchased an hydraulic backhoe excavator that will be used in dredging river channels surrounding the city. The equipment was inaugurated last Friday at the Mapalad Creek in Brgy. San Nicolas through the initiative of
Norwegian oil and gas employers have reached a collective wages settlement with workers employed in offshore supply bases, thus avoiding a strike. To remind, the talks had broken down between the parties, and then went to national mediation. The mediation between the Norwegian Oil and Gas and the No
Austrian crane specialist Palfinger Marine is looking to acquire the Norwegian cranes and offshore access systems provider TTS Group. Palfinger, via its subsidiary Palfinger Marine, will offer NOK 5.60 in cash for one TTS share in the event of a positive due diligence outcome. The board of directors
Ardmore Craig, a Darlington based company, has secured its 150th contract award. The award, from an existing customer, covers the design and build of cable handling equipment and upgrading of a previously supplied lay spread that will be used on an offshore wind farm, the company informed. Director
Italian shipbuilder Fincantieri and Russian oil company Rosneft have signed a heads of agreement for the formation of a joint venture focused on design and engineering of a new type of vessel to be built at the Zvezda shipbuilding complex. The Zvezda shipbuilding complex is a cooperation between Ros
Austal Australia has launched Hull 392, a 70-meter offshore crew transfer vessel for Caspian Marine Services Limited (CMS) of Azerbaijan, at the company’s Henderson shipyard in Western Australia. Following the contract award in June 2015, construction began in October 2015. In parallel with the forw
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
