Underwater work

LiquidPower Specialty Products Inc. and Subsea 7 Acquire Interest in Safe Marine Transfer, LLC

Retrieved on:

Thursday, July 29, 2021

(SMT) announced that LiquidPower Specialty Products Inc. (LSPI) has taken an equity interest in SMT and has entered a strategic alliance to deliver LSPIs market leading drag reducing agents (DRA) subsea via SMTs patented all electric dual barrier subsea storage and delivery technologies.

Key Points:

(SMT) announced that LiquidPower Specialty Products Inc. (LSPI) has taken an equity interest in SMT and has entered a strategic alliance to deliver LSPIs market leading drag reducing agents (DRA) subsea via SMTs patented all electric dual barrier subsea storage and delivery technologies.
The introduction of DRA at the subsea well/drill center has the potential to significantly increase production in a cost-effective manner, by increasing flow rates in existing subsea production lines, subsea gathering lines, and subsea trunk lines.
Subsea 7, with its global fleet of marine equipment, marine support, manufacturing, and assembly sites offers an established global delivery team.
About LiquidPower Specialty Products Inc. (LSPI)
LiquidPower Specialty Products Inc. (LSPI), a Berkshire Hathaway Company, is the global leader in the science and application of drag reduction, with over 40 years of experience.

LiquidPower Specialty Products Inc. and Subsea 7 Acquire Interest in Safe Marine Transfer, LLC

Retrieved on:

Wednesday, July 28, 2021

(SMT) announced that LiquidPower Specialty Products Inc. (LSPI) has taken an equity interest in SMT and has entered a strategic alliance to deliver LSPIs market leading drag reducing agents (DRA) subsea via SMTs patented all electric dual barrier subsea storage and delivery technologies.

Key Points:

(SMT) announced that LiquidPower Specialty Products Inc. (LSPI) has taken an equity interest in SMT and has entered a strategic alliance to deliver LSPIs market leading drag reducing agents (DRA) subsea via SMTs patented all electric dual barrier subsea storage and delivery technologies.
The introduction of DRA at the subsea well/drill center has the potential to significantly increase production in a cost-effective manner, by increasing flow rates in existing subsea production lines, subsea gathering lines, and subsea trunk lines.
Subsea 7, with its global fleet of marine equipment, marine support, manufacturing, and assembly sites offers an established global delivery team.
About LiquidPower Specialty Products Inc. (LSPI)
LiquidPower Specialty Products Inc. (LSPI), a Berkshire Hathaway Company, is the global leader in the science and application of drag reduction, with over 40 years of experience.

Kraken Signs Definitive Agreement to Acquire PanGeo and Announces Public Offering of Units

Retrieved on:

Wednesday, July 21, 2021

Subsea, Underwater work, Kraken

ST. JOHN'S, NL, July 20, 2021 /CNW/ - Kraken Robotics Inc. ("Kraken" or the "Company") (TSXV: PNG) (OTCQB: KRKNF), Canada's Ocean Company, is pleased to announce that it has signed a definitive share purchase agreement (the "PanGeo Agreement") whereby Kraken Robotics Systems Inc., a wholly-owned subsidiary of Kraken, will acquire all of the issued share capital of PGH Capital Inc. ("PGH Capital") on substantially similar terms to those set out in the non-binding letter of intent dated April 8, 2021, and disclosed in the Company's press release dated April 9, 2021 (the "PanGeo Transaction"). PGH Capital operates its business through its subsidiaries, PanGeo Subsea Inc. and PanGeo Subsea Scotland Limited (collectively with PGH Capital, "PanGeo"). PanGeo is a private Canadian services company specializing in high-resolution 3D acoustic imaging solutions for the sub-seabed with offices in St. John's, Newfoundland and Aberdeen, United Kingdom. PanGeo's assets consist primarily of human capital, know-how and equipment comprised mostly of sub bottom imaging units and acoustic imaging units that are used to provide sub-seabed survey services.

Key Points:

PGH Capital operates its business through its subsidiaries, PanGeo Subsea Inc. and PanGeo Subsea Scotland Limited (collectively with PGH Capital, "PanGeo").
The PanGeo Transaction is expected to occur within 30 days of execution of the PanGeo Agreement.
Moya Cahill, PanGeo's co-founder and CEO noted, "Kraken and PanGeo are world leaders in seabed and sub-seabed technology applications.
Our clients are looking to us to offer a broader service offering and a combined Kraken PanGeo will do just that.

NCS SubSea awarded 4D P-Cable UHR deep-water monitor survey in US Gulf of Mexico

Retrieved on:

Thursday, July 1, 2021

Earth sciences, Seismology, Geology, Subsea, Underwater work, 4D, Earthquake, Nature, Petroleum geology

HOUSTON, July 1, 2021 /PRNewswire/ --NCS SubSea has been awarded a 4D P-Cable Ultrahigh Resolution (UHR) monitor survey in the deep-water US Gulf of Mexico.

Key Points:

HOUSTON, July 1, 2021 /PRNewswire/ --NCS SubSea has been awarded a 4D P-Cable Ultrahigh Resolution (UHR) monitor survey in the deep-water US Gulf of Mexico.
NCS SubSea has been awarded a 4D P-Cable Ultrahigh Resolution (UHR) monitor survey in the deep-water US Gulf of Mexico.
The survey involves acquiring seismic data using the company's differentiated P-Cable XR system, which sets the industry standard for repeatable UHR 3D and 4D marine seismic acquisition.
"We are delighted to be awarded the latest 4D monitor project for this multi-year reservoir monitoring campaign, " said CEO Larry Scott.

3D At Depth And Sea.O.G Offshore Announce A Collaboration Focused On Fully Integrated Sustainable Survey And Integrity Solutions To The Offshore Energy Industry.

Retrieved on:

Monday, June 28, 2021

Subsea, Underwater work, Emerging technologies

3D at Depth and SEA.O.G Offshore announce a collaboration for reducing carbon emissions in subsea survey operations.

Key Points:

3D at Depth and SEA.O.G Offshore announce a collaboration for reducing carbon emissions in subsea survey operations.
The partnership brings together a fully integrated approach to field integrity and logistical operations for maintenance and asset health monitoring.
Neil Manning, Chief Operating Officer, 3D at Depth, stated "3D at Depth from its conception is a disruptive technology business which focuses on leveraging its in-house product line with integrated project execution and efficiencies.
We believe this starts with the sensing technology followed by supervised autonomous in-water vehicles providing fully integrated platforms."

NO-UK granted final permits and commences marine installation programme

Retrieved on:

Sunday, June 6, 2021

Subsea, Underwater work

Installation operations will begin today, after the successful acquisition of all the necessary permits in Norway and the UK last month.

Key Points:

Installation operations will begin today, after the successful acquisition of all the necessary permits in Norway and the UK last month.
NO-UK system supplier Xtera, a provider of innovative subsea fibre optic solutions, is leading the construction programme which will culminate with commissioning in Q4 this year.
The marine installation is being performed by the Global Marine cable ship the Normand Clipper, the repeaters have been manufactured by STI and cable is provided by NSW.
The 700km cable will connect the Stellium Data Centre in Newcastle, with the Green Mountain Data Centre in Rennesy, Stavanger.

Marine Survey Completed for the "GigNet-1" Subsea Cable System

Retrieved on:

Thursday, May 13, 2021

Technology, Construction & Property, Telecommunications, Building Systems, Networks, Internet, Lodging, Destinations, Travel, Subsea, Underwater work

The GigNet-1 cable system will link Florida and Cancun, Mexico, with distribution throughout the Mexican Caribbean.\nThe marine route survey included geotechnical, geophysical, and shipwreck surveys developing a route optimized for cable protection, avoidance of obstructions, and other factors critical for a successful and timely installation plan.

Key Points:

The GigNet-1 cable system will link Florida and Cancun, Mexico, with distribution throughout the Mexican Caribbean.\nThe marine route survey included geotechnical, geophysical, and shipwreck surveys developing a route optimized for cable protection, avoidance of obstructions, and other factors critical for a successful and timely installation plan.
The survey required a dozen pieces of specialized equipment to accurately portray the ocean floor.
International Telecom Inc., leading experts in subsea cable system installation, in cooperation with Xtera, will install the GigNet-1 cable system.\nInternational Telecom is a marine network installer offering desktop study, marine route survey, engineering design, installation, and maintenance services for submarine cable systems worldwide.
has been recognized as one of the worlds\xe2\x80\x99 finest marine system providers in a unique position to collaborate with customers and their technology partners.

Deep Down, Inc. Announces Timing of First Quarter 2021 Earnings Release and Conference Call

Retrieved on:

Friday, May 7, 2021

Subsea, Underwater work, Remotely operated underwater vehicle

b"A replay will be available through May 18, 2021 on Deep Down\xe2\x80\x99s website, www.deepdowninc.com , under the \xe2\x80\x9cInvestors\xe2\x80\x9d section.\nDeep Down focuses on complex deepwater and ultra-deepwater oil and gas production distribution system technologies and support services, connecting the platform and the wellhead.

Key Points:

b"A replay will be available through May 18, 2021 on Deep Down\xe2\x80\x99s website, www.deepdowninc.com , under the \xe2\x80\x9cInvestors\xe2\x80\x9d section.\nDeep Down focuses on complex deepwater and ultra-deepwater oil and gas production distribution system technologies and support services, connecting the platform and the wellhead.
Deep Down's proven services and technological solutions include distribution system installation support and engineering services, umbilical terminations, loose-tube steel flying leads, installation buoyancy, remotely operated vehicles and tooling, marine vessel automation, control, and ballast systems.
Deep Down supports subsea engineering, installation, commissioning, and maintenance projects through specialized, highly experienced service teams and engineered technological solutions.\n"

Worldwide Subsea Manifolds Industry to 2025 - Key Drivers, Challenges and Trends - ResearchAndMarkets.com

Retrieved on:

Thursday, May 6, 2021

Energy, Other Manufacturing, Manufacturing, Oil, Gas, Subsea, Underwater work

b'The "Global Subsea Manifolds Market 2021-2025" report has been added to ResearchAndMarkets.com\'s offering.\nThe publisher has been monitoring the subsea manifolds market and it is poised to grow by $ 07.38 million during 2021-2025, progressing at a CAGR of almost 3% during the forecast period.\nThe report on the subsea manifolds market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.\nThe report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment.

Key Points:

b'The "Global Subsea Manifolds Market 2021-2025" report has been added to ResearchAndMarkets.com\'s offering.\nThe publisher has been monitoring the subsea manifolds market and it is poised to grow by $ 07.38 million during 2021-2025, progressing at a CAGR of almost 3% during the forecast period.\nThe report on the subsea manifolds market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.\nThe report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment.
The market is driven by the growth in demand for oil and natural gas and the rise in deepwater and ultra-deepwater E&P activities.\nThe subsea manifolds market analysis includes the application segment and geographic landscape.
This study identifies the increase in global offshore rig count as one of the prime reasons driving the subsea manifolds market growth during the next few years.\n'

Xtera Announces Supply Contract In-Force for the New GigNet-1 Subsea Cable System Between Florida and Cancun, Mexico

Retrieved on:

Wednesday, May 5, 2021

Articles, Technology, Subsea, Underwater work, Science and technology, Engineering, procurement, and construction, Repeater, Submarine power cable

b'ALLEN, Texas, May 05, 2021 (GLOBE NEWSWIRE) -- Xtera, Inc., a provider of innovative subsea fiber optic solutions, is pleased to announce that the Engineering, Procurement, and Construction (EPC) contract is now in force for the GigNet-1 subsea system between Florida and Cancun, Mexico.

Key Points:

b'ALLEN, Texas, May 05, 2021 (GLOBE NEWSWIRE) -- Xtera, Inc., a provider of innovative subsea fiber optic solutions, is pleased to announce that the Engineering, Procurement, and Construction (EPC) contract is now in force for the GigNet-1 subsea system between Florida and Cancun, Mexico.
The GigNet-1 cable has been developed to date by FB Submarine Partners LLC.
It further demonstrates the effectiveness of Xtera\xe2\x80\x99s core technology; our submarine turnkey solution offering, utilizing our industry-leading high-capacity repeater as well as the proficiency of our expert team.
Xtera was selected to serve as the primary EPC contractor based on their extensive qualifications and their outstanding track record of subsea cable system deployments.