NYK Buys Stake in EMAS Chiyoda Subsea
NYK has acquired a 25 percent share of EMAS Chiyoda Subsea Limited (ECS), based on an agreement signed on June 10 with Ezra Holdings Limited (Ezra) and the Chiyoda Corporation (Chiyoda). ECS is a global player in the engineering, procurement, construction, and installation (EPCI) of subsea facilities — essential components in offshore oil and gas field development. After this acquisition, ECS’s shareholding structure will shift to Ezra 40 percent, Chiyoda 35 percent, and NYK 25 percent.
Ecospeed Pays Dividends for Interscan
Trading in ice is the toughest challenge for a hull coating. Regular anti-fouling paints or simple epoxies are usually scraped off by the constant abrasion of the ice, and extra drydockings are needed to repaint, often after just one season. This was a major issue for Hamburg-based shipowner Interscan Schiffahrt, which controls a fleet of 23 vessels, many of them operating in the Baltic Sea and seas in the far north. However, like other vessels operating in ice conditions, they required frequent repairs to their underwater coating…
SeeByte Tapped for UK Navy’s Unmanned Warrior Exercise
SeeByte, creator of smart software for unmanned maritime systems, said it will demonstrate software solutions for unmanned systems as part of the Royal Navy’s Unmanned Warrior exercise. The exercise will feature more than 50 vehicles, sensors and systems and aims to demonstrate never-seen-before capabilities in the field of autonomy and unmanned systems. SeeByte’s software forms the core components of the Hell Bay 4 and MCM Challenge elements of Unmanned Warrior. The aim of these exercises is to develop and push the capabilities of autonomous systems…
IMCA to Hold Maritime Security Seminar
The International Marine Contractors Association (IMCA) is hosting a Security Seminar in London on Thursday, November 10, which will focus on human factors in modern maritime security. Sponsored by Subsea 7 and Technip, the event is a continuation of IMCA's new series of mini-seminars – niche events tailored to tackle specific topics. “The day-long seminar at the Millennium Gloucester Hotel in South Kensington will provide an invaluable opportunity for all concerned to understand the impact of human factors on security in key areas of the offshore marine contracting industry – both in the oil and gas, and renewable energy sectors,” explained Richard Benzie, IMCA’s Technical Director. “It will cover both the global risk to people, and the internal cyber security threat.
DOF Subsea to Launch AUV Service
Integrated subsea services provider DOF Subsea will stage the European launch of a new addition to its suite of services next week. During the Ocean Business event at the National Oceanography Centre in Southampton, U.K. from April 14-16, the company will showcase its newest service, utilizing three Slocum Gliders, named the DOF Skandi Explorers, a technology which has previously only been seen in academic and defense circles. The new glider equipment is described as a cornerstone of the company’s Ocean Observation System (OOS) due to its ultra-efficient…
Hydro Group Reports International Growth
Aberdeen-based Hydro Group Plc, a global design and manufacturer of underwater cables and connectors for subsea, underwater, topside and onshore applications, sets sights on further international growth with opening of new Singapore office. Singapore currently represents Hydro Group’s second largest export market, with the Group identifying more than £1million of potential sales in the region per year. The new office will support Hydro Group’s increasing presence in Southeast Asia and offer its range of subsea optical cables…
Unique Hydra Signs Agency Agreement with EIVA
Unique Hydra, a Unique Maritime Group Company, an integrated turnkey subsea and offshore solution provider, recently signed an agency agreement with EIVA to represent its products and services in the southern part of Africa. Based in Cape Town, South Africa, Unique Hydra is a manufacturer and supplier of marine and diving equipment to the oil and gas industry. Unique Hydra personnel have substantial experience in marine engineering, hyperbaric, military defense, aerospace, nuclear and chemical engineering.
Subsea Defense & the Changing Paradigm of Submarine Programs
Technology and dynamic mission profiles have driven change in the defense industry, Hydro Group Plc Managing Director Doug Whyte, explores the changing paradigm of submarine programs, an evolving market he has experienced first-hand, with over 30 years at the helm of his own innovative subsea design and manufacturing group. My original business partner, Mike Redstone, previously worked for Vickers Slingsby which was involved quite extensively with the Ministry of Defense (M.O.D.). At that time, in the late seventies, close involvement with the M.O.D. was commonplace.
USVs and the Future of Subsea Defense
Unmanned Revolution: USVs Set to Conquer the Seas. According to Frost & Sullivan, replacing manned systems with USV is not a question of if but when. Unmanned surface vessels (USV) still lag far behind their aerial equivalents in terms of technical capabilities, technology and deployment. However, new threats, cost-benefit calculations, operational experiences in the past decade and new technological developments are driving rapid growth in the market. A USV may be used instead of manned vessels not only for defense but also in Homeland Security (HLS), security, and civil applications such as vessel monitoring, law enforcement (drugs, piracy) and enforcement of fishing and environmental laws.
OTE Debuts in Providence
The inaugural OceanTech Expo (OTE) debuted today at the Rhode Island Convention Center. The industry-led expo, slated for September 5-7, will showcase new equipment, training and demonstrations of technologies in the marine science and ocean technology industries. OTE will feature emerging trends in subsea technologies and markets, as they pertain to: homeland security, port & harbor defense; military and government; offshore oil & gas; and marine science and exploration. Speaker: Charles A. Martinek, Captain, U.S. Speaker: Mr. Speaker: Mr. Speaker: Dr. F. Mary Williams, Director General, Institute of Ocean Technology (IOT) of the National Research Council of Canada, St. Speaker: Donald R. Moderator: Ms. Marianne Molchan, President, Molchan Marine Sciences, Inc.
Global Deepwater Market is Buoyant
The Global deepwater market is strengthening according to Quest Offshore Resources Inc.'s soon to be published Global Subsea Production Umbilical Report. The majority (65%) of identified forecast subsea wells across the globe are in deepwater (greater than 0-1,650 FSW (0-500 MSW)). With respect to ultra-deepwater subsea production, the present share of forecast subsea trees worldwide over 3,437 FSW (Feet Sea Water) or 1,200 MSW (Meters Sea Water) is 39%. Of the remaining subsea wells forecast over the next six years, 26% are planned for installation in 1,650-3,960 FSW (501-1,200 MSW) and 35% in 0-1,650 FSW (0-500 MSW). The market for subsea trees is strong with a significant number of contract awards for subsea production trees materializing over the last 12 months. As illustrated in Fig.
Trico to Launch Offer for All Shares of Active Subsea ASA
Trico Marine Services, Inc. (NASDAQ: TRMA) and Active Subsea ASA (NOTC: ASUB) announced that Trico intends to make a voluntary offer for all outstanding shares, options and warrants of Active Subsea. The offer price per share of Active Subsea will be $4.27 paid in cash. The offer values Active Subsea's equity at approximately $242m at exchange rates as of November 2, 2007. The board of directors and management of Active Subsea believes that it is in the best interests of the company's shareholders to support the offer. All board members in Active Subsea have pre-accepted the offer for the shares they hold in Active Subsea, including options and warrants.
New Global Subsea Provider Launched
Subsea 7, the new company formed as a result of the combination of Halliburton Subsea, a business unit of Halliburton's Energy Services Group, and the subsea activities of DSND Subsea ASA (OSE:SFJ), officially started trading. The company already has a worldwide order book in excess of $800 million, firmly establishing it as a global service provider for subsea engineering and construction, and is poised to win additional business from projects it is currently bidding. The company was formed by the two parties contributing all tangible assets associated with their subsea businesses as well as leases, on-going contracts and intellectual property. It will have offshore operations supported out of the UK, Norway, Singapore, Brazil, United States and the Caspian.
Aker Kvaerner Awarded Reliance Subsea Contract
Reliance Industries Limited has awarded Aker Kvaerner an engineering, procurement and construction contract to deliver an 18 well subsea production system for the deepwater Block KG-D6 gas development located offshore the east coast of India. The contract is one of the world's largest subsea contracts ever awarded and affirms Aker Kvaerner's position as the leading contractor for deepwater subsea developments. The initial contract value is approximately $400m. Aker Kvaerner Subsea will supply a complete subsea production system including subsea trees, manifolds, steel tube umbilicals and power cables, controls system and associated connections to tie the subsea production system to an onshore gas terminal.
MSV Ocean Intervention, New Contract
Oceaneering International, Inc. (NYSE:OII) announced it has secured a one-year term contract with estimated revenue in the range of $25m to $30m for use of the MSV Ocean Intervention and other related services, commencing early February 2009. The contract contains a customer option for a one-year extension. The customer has contracted Oceaneering to conduct inspection, repair, and maintenance (IRM) of deepwater subsea facilities in the Gulf of Mexico (GOM). Examples of this work include changing out pods and chokes, installing flowline jumpers and control umbilical flying leads, remediating hydrates, and supporting diving operations on deepwater floating facilities.
Phoenix Announces Term Charter Agreement
Phoenix International, Inc., (Phoenix) announced today that it has signed a term charter agreement for the M/V ANNE CANDIES. The agreement includes options until August 2012. The M/V ANNE CANDIES is mobilized with a new, state-of-the-art Schilling Ultra Heavy Duty (UHD) intelligent Work Remotely Operated Vehicle (iWROV), and expands Phoenix’s subsea support capabilities to include infield development. The vessel is currently configured for deepwater inspection, maintenance and work tasks to depths of 11,500 feet. Future plans include the installation of a 40-ton knuckle-boom crane. The M/V ANNE CANDIES is a dynamically positioned (DP II) vessel 240 ft. long with a 54 ft. beam.
Oceanworks Delivers Rescue Equipment to Royal Canadian Navy
OceanWorks International To Deliver A-Frame Template for Submarine Rescue to Royal Canadian Navy. OceanWorks International has been awarded a contract by the Canadian Department of National Defense for another key piece of equipment which will enable submarine rescue cooperation and interoperability with the U.S. Navy. The A-Frame Template Kit is designed to work along with the Ship Interface Template Set (SITS) previously delivered to the Department of National Defence by OceanWorks International in March of 2010.
Subsea 7 Announces Contract With Petrobas
Subsea 7 Inc announced today that it has been awarded a contract by Petrobras America, a subsidiary of Petrobras for installation works in the deepwater Cascade & Chinook fields in the Gulf of Mexico. The contract is valued at $50 million. Subsea 7 will engineer and install 229658 ft. of power cables and control umbilicals and fabricate and install 16 jumpers in the Cascade & Chinook fields, located at Block 425 of Walter Ridge area in water depths ranging from 7545 ft.-9842 ft. Work will commence immediately with the Project Management and Engineering team located in Subsea 7’s offices in Houston. Fabrication of the jumpers will be carried out at Subsea 7’s logistic base in Mobile, Alabama.
Subsea Awareness Course to be Held in Houston
The Subsea Awareness Course held in Aberdeen, is now available in Houston. The five-day course has been designed to be suitable for engineers new to the offshore industry, those transferring from other disciplines within the industry and engineers who have worked in subsea previously but would benefit from a refresher course and exposure to the latest technology. service companies in the subsea sector and will be hosted on their premises. While most of the course will be presented in a classroom environment, the sessions will be interactive, with the opportunity to ask questions and discuss what has been learned. have been included wherever possible to enable delegates to view software models and products destined for subsea service.
Aker Kvaerner Signs Subsea Contract
Aker Kvaerner has been awarded its first subsea contract from Spanish oil company Repsol YPF. The deal is for the delivery of a subsea production system to the Montanzo and Lubina projects off the east coast of Spain. This is Aker Kvaerner's first subsea project in the region. Contract value is undisclosed. Scope of work includes engineering, procurement and construction of two subsea trees with control systems, connections and overtrawlable structures. The equipment will be delivered in Q1 2009. The project is based on Aker Kvaerner's Standard Configurable Tree (SCTTM) - a tree system configured from standardized, stocked core components, which offers significant reductions in lead times. The project will be managed out of Oslo, Norway.
SMIT Acquires GB Diving
SMIT acquired all shares of GB Holding B.V., the parent company of the subsidiaries GB Diving B.V. (oil & gas) and GB Diving -Inshore B.V. (civil). GB Diving is a Dutch company that provides ROV (Remote Operated Vehicles) and diving services, including project management, project engineering and related services for the high end of the oil and gas market. GB Diving's 30 employees will be integrated into the SMIT organization as a business unit named SMIT Subsea Europe. This new business unit will join SMIT Subsea Africa and SMIT Subsea Middle East, thus becoming the third regional subsea centre in the subsea network. For SMIT, this acquisition represents not only the addition of ROV technology and expertise to its range of services…
SMIT Acquires GB Diving
SMIT has acquired all shares of GB Holding B.V., the parent company of the renowned subsidiaries GB Diving B.V. and GB Diving -Inshore B.V. GB Diving is a Dutch company that provides ROV (Remote Operated Vehicles) and diving services, including project management, project engineering and related services for the high end of the oil and gas market. GB Diving's 30 employees will be integrated into the SMIT organization as a business unit named SMIT Subsea Europe. This new business unit will join SMIT Subsea Africa and SMIT Subsea Middle East, becoming the third regional subsea center in the subsea network. For SMIT, this acquisition represents not only the addition of ROV technology and expertise to its range of services…
Japan, US Plan New S. China Sea Patrols
Japan will step up its activity in the contested South China Sea through joint training patrols with the United States and bilateral and multilateral exercises with regional navies, Japanese Defense Minister Tomomi Inada said on Thursday. Inada said in a speech at Washington's Center for Strategic and International Studies think tank that Japan's increased engagement in the area, where Japan shares U.S. concerns about China's pursuit of extensive territorial claims, would include capacity building for coastal nations. "In this context, I strongly support the U.S. Navy's freedom-of-navigation operations, which go a long way to upholding the rules-based international maritime order," she said.