Norwegian geophysical company, Magseis, has secured a final contract with Chevron North Sea Ltd for seabed seismic acquisition in the UK sector of the North Sea. This notice is with reference to the previously announced letter of intent (LOI) from an undisclosed international oil company for seabed
L&T Hydrocarbon Engineering (LTHE), a fully owned subsidiary of Larsen & Toubro, has bagged an offshore contract valued at approximately $140 million (Rs.894 crores) from the Oil & Natural Gas Corporation (ONGC) for additional development of the Vasai East project. The contract, won against internat
Much of the recent commentary concerning the decline in oil prices has focused on US onshore production, specifically whether the continued extraction of unconventional resources is viable at current prices. Undoubtedly, this will be a key issue for the dynamics of global supply. However, Douglas-We
Malaysian group Tanjung Offshore Berhad and Bourbon Far East Pte Ltd have jointly agreed to terminate exclusive discussions initiated in spring 2014. In June this year, the companies entered into exclusive discussions for the sale of 51% ownership of nine BOURBON Offshore Support Vessels operating i
The search is continuing for the AirAsia plane, a day after it went missing with 162 people on board, but no trace has been found so far. AirAsia Indonesia confirmed that flight QZ8501 from Surabaya to Singapore has lost contact with air traffic control at 07:24 (Surabaya LT) Sunday morning. The fli
On December 24, 2014 the Antarctica 100 expedition of the Russian Geographical Society’s Branch in the Republic of Tatarstan returned from the Antarctic. Russian divers led by Dimitri Schiller went to the South Pole. The project’s objective was to develop relatively safe methods of deep diving in th
Electromagnetic Geoservices ASA (EMGS) has entered into a data licensing agreement with an international oil company worth USD 1.8 million for the provision of 3D EM data from a portion of the EMGS’ multi-client data library in Foz do Amazonas in Brazil. According to EMGS, the data will be delivered
China’s first multifunction underwater engineering ship “Offshore Oil 286” with operating water depth of 3000 invested and constructed by COOEC kicked off operation on Sunday, Xinhua reports. Built by Guangzhou Huangpu Shipbuilding “Offshore Oil 286” is a multifunctional underwater engineering vesse
Subsea World News has put together a recap of the most interesting articles from the previous week (December 22 – December 28). Royal IHC launched Subsea 7’s latest pipelay vessel SEVEN SUN, on friday 19th december 2014 at its shipyard in Kinderdijk, the Netherlands. Seven Sun is the third of four v
Subsea World News brings you an interesting collection of the most viewed videos for this year. Maersk Oil ‘Dan Bravo’ Deep Dive Dan Bravo Rationalisation, a challenging three-year project that has reached its midway point, is an example of the complex subsurface and diving work regularly carried ou
VIDEO: Ceona Amazon Naming Ceremony Shipbuilding company Lloyd Werft delivered the Ceona Amazon in Bremerhaven where the vessel was officially christened this by her Godmother, Cynthia Huber. Havyard’s Newbuild Named Fosnavåg, Norway, witnessed the namig ceremony of Havyard’s newbuild 115 ‘African I
Established in 2003, The European Marine Energy Centre (EMEC) Ltd is the centre that provides developers of both wave and tidal energy converters with purpose-built, accredited open-sea testing facilities. Tidal Energy Today Staff brings you some of the highlights of the activities in 2014 at EMEC t
The editors of Subsea World News have selected contracts that exemplify best-in-class among those that were signed during this year. Subsea World News’ Top Contracts in 2014 were selected on the basis of best awarded jobs and different companies involved in some of the biggest signings this year.
An oil spill has been confirmed from a major Russian Black Sea pipeline near the port of Tuapse, a sea port and the northern center of a resort zone which extends south to Sochi. Earlier this mornig, Russian Emergencies Ministry reported that measures were taken to mitigate an oil spill near the vil
