Highlights of the Week

Business & Finance


Subsea World News has put together a recap of the most interesting articles from the previous week (March 07 – March 13).


Subsea 7 and Technip to Dive for Det norske

Det norske has been given permission to carry out manned underwater operations in the period from January 1 to December 31, 2016.

Under framework agreement, diving operators Technip Norway and Subsea 7 will perform the work. Technip will be using DSV Skandi Arctic, and the light diving craft LDC Technip Seahunter. Subsea 7 will be using DSV Seven Falcon, DSV Seven Atlantic.


Oceaneering ROVs for Statoil

Oceaneering has been awarded an eight-year contract by Statoil to provide two work-class electric ROVs for CAT-J Platforms in the North Sea.

The new ROVs are currently being built in-house and called the eNovus. The eNovus will incorporate a new automated cartesian manipulator control system that enables the manipulator to be functioned in an XYZ plane as well as automated functionality.


Underwater Restaurant credits Google Images

Jumbo has installed the world’s largest underwater restaurant, located in Hurawalhi, Maldives.

At The Maldives, Jumbo moored the transport vessel alongside a shallow coral reef where the acrylic and steel structure for the world’s biggest underwater restaurant was lowered onto pre-installed concrete piles at a depth of about 10 meters.

 


Photo: Stena

On Saturday, March 5, Shell Canada notified the Canada-Nova Scotia Offshore Petroleum Board (CNSOPB) of an operational incident on the Stena IceMAX drillship.

Shortly after the rig moved away from the well location, high waves and heave caused the riser tensioner system to release, resulting in the riser and lower marine riser package, which connect the rig to the well during drilling, to fall to the seabed.


Subsea Manufacturers to Feel Full Force of Downturn in 2016

A new report by energy research and consulting service, Douglas-Westwood (DW), predicts a major decline in deepwater oil and gas projects spending in the next four years.

Namely, DW anticipates deepwater expenditure to total $137 billion between 2016 and 2020. A rapid 35 per cent drop compared to DW’s previous deepwater forecast, covering the 2015-2019 period.