McDermott has created of a new joint venture, McDermott Marine Construction Ghana Limited (MMCGL), that will pursue key offshore opportunities in Ghana and other developments in the African market. Building McDermott’s presence in Ghana with minority partner Hydra Offshore Group of Accra, Ghana, the
During the weekend of April 21st and 22nd, the Italian Navy conducted an underwater search for explosive ordnance near ” Marina del Cantone ” beach. During the search the Navy team found a bomb of English production with about 120 kg explosives inside. The bomb, found at the depth of seven meters, i
The Republic of the Marshall Islands (RMI), with the assistance of the Secretariat of the Pacific Community(SPC)–European Union (EU) Deep Sea Minerals Project, has started public consultations on deep sea minerals. These consultations are with a particular emphasis on the draft national Deep Sea Min
Subsea World News has put together a recap of the most interesting articles from the previous week (April 20 – April 26). The Houston-based oilfield services major, Schlumberger, is slashing another 11,000 jobs as it fells the impact of downturn in oil prices and lower E&P spending. In January this
Arendal-based subsea contractor Cecon ASA has requested the City Court of Aust-Agder to declare the company bankrupt having failed to present a plan for a compulsory composition. The company has over the last four months explored options for a solution to the debt restructuring, which would have giv
The Nemo project, a floating OTEC power plant, is expected to be operational in 2018, according to EDF Pulse. The project is being built by DCNS and Akuo Energy. Nemo floating power plant will consist of four modules, and its capacity is 16 MW. Some of the electricity produced by the plant will be u
Falkland Oil and Gas Limited (FOGL) reported that the 4/20-1 “Isobel Deep” well located offshore the Falkland Islands, has been temporarily suspended due to problems on the blowout preventer (BOP). Following the successful setting of the 13 3/8″ casing at a depth of 1273.9m metres, a problem was det
The following footage shows an ROV inspection at a depth of 2,700 meters, offshore Gran Canaria, where Oleg Naydenov sank with nearly 1,500 tonnes of fuel. A remotely operated vehicle (ROV) was deployed on Tuesday, April 22 to inspect the wreck located approximately 24 kilometres off the southern co
Sabella has completed the assembly process of its D10 tidal turbine. The inauguration ceremony of the turbine took place today at the port of Brest, where the assembly process lasted for 3 months. Sabella will unveil the completed D10 tidal turbine to the general public on Saturday, April 25. The te
Gardline CGG (GCGG), a Joint Venture between Gardline Geosurvey and CGG, has completed the Gippsland 2D Infill survey for Geoscience Australia on Friday 24th April. The project was conducted and completed by the Gardline CGG-operated vessel MV Duke, on time, within budget and without any incidents d
Spectrum has entered into a cooperation agreement with Schlumberger to acquire 50% ownership in Spectrum’s Pelotas multi-client program. The cooperation agreement includes more than 30,000 km of regional 2D seismic data in the new frontier Pelotas Basin, offshore Brazil. The program includes the rec
OneSubsea, a Cameron and Schlumberger company, has been awarded a multi-million dollar contract to supply subsea systems for the BP West Nile Delta Taurus Libra development offshore Egypt. The subsea systems scope of supply includes 10 large bore gas trees and related subsea equipment. According to
Applus RTD, a provider of integrity technology services, has been awarded a contract from Heerema Marine Contractors as part of the Kaombo development offshore Angola. As part of the SURF (subsea, umbilicals, risers, flowlines) development, Applus RTD will provide non-destructive testing for offshor
Portuguese demonstration scheme for ocean energy technologies will be granted aid for 25 years in the form of a feed-in-tariff to compensate for the higher costs of the new technologies. The European Commission decided Portuguese scheme aimed at promoting renewable energy technologies is in line wit
