Outland Sells ROV With Multiple Tritech Sensors Emas Energy Services
An ROV equipped with multiple Tritech sensors has been sold by Outland Technology to the geographic survey company Emas Energy Services (Thailand) Ltd.The Outland 2500 is rated to 300m (1000ft) and uses brushless DC, magnetically coupled thrusters. It is equipped with:Gemini 1200ik: a dual frequency multibeam imaging sonar giving video-like, real time imaging, ideal for structural and seabed inspections. The Gemini 1200ik was released in 2019 and has quickly become an industry favourite for those looking for high resolution images which is also robust and rugged enough to withstand tough subsea
PSW Takes Over EMAS Spoolbase In Norway
Norway's PSW Group has taken over the operation of the former EMAS spoolbase located in Gulen Industrial Harbor, Western Norway. In a statement on Wednesday, PSW Group said the agreement to take over the spoolbase covered all activities related to the production and spooling of pipelines for offshore use. The spoolbase will be named "PSW Spoolbase".The spoolbase capable of handling a wide range of subsea and offshore piping projects in Northern Europe has a 3700m2 fabrication facility including an integrated indoor tie-in area. It was constructed in 2014 to optimize logistics and
SonarWiz 2019 Training Dates Announced
in the registration fee.-- Spring training will be held May 14-15, 2019 at Stockton University, Atlantic City campus in New Jersey. We will show new features in SonarWiz 7.4 and cover sidescan, sub-bottom, bathymetry and mag processing. Cost is $495.00 and discounts available for users with current EMAs. Register online at:http://2ughld46m1gt1arvat2ix2d8-wpengine.netdna-ssl.com/wp-content/uploads/2019/03/May2019SonarWizWorkshop.pdf-- Summer training will be held Aug 14-15 in Port Coquitlam, BC, Canada at Kongsberg Mesotech offices. This training is limited to 12 trainees and the cost to attend is
Kreuz Subsea Strengthens Senior Management Team
head at McDermott International where he was responsible for business development and project acquisitions across the South East Asia region. Marek Kaminski has joined the firm from Subsea 7 where he held the role of regional vessel and asset manager, based in Houston, Texas. He also worked at EMAS Offshore Ltd for five years and Rubicon Oilfield International prior to this. Kaminski brings more than 30 years experience in the oil and gas industry, specifically across project management and operations roles. As director of marine assets, Kaminski will be responsible for the overall
Saipem Buys Lewek Constellation Vessel
Italian oil and gas contractor Saipem said it has reached a deal to purchase the pipelay, heavy lift and construction vessel Lewek Constellation for $275 million. The 2013-built DP3 rigid and flexible pipeline construction vessel had been previously owned by bankrupt EMAS Chiyoda Subsea. Saipem said the vessel will be available for hire immediately and will be marketed globally, particularly in the Gulf of Mexico, North Sea and Norwegian Sea where the its characteristics are particularly suitable for submarine tie-backs. Saipem CEO, Stefano Cao, said, “In the current economic
Subsea 7 Acquires EMAS Chiyoda Subsea Assets
Subsea 7 S.A. said it has acquires certain businesses of EMAS Chiyoda Subsea (ECS) under a U.S. bankruptcy code Chapter 11 Plan of Reorganization, confirmed by the U.S. Bankruptcy Court for the Southern District of Texas and became effective on June 29, 2017. According to Subsea 7, it will pay less than $100 million in aggregate, including its contribution to the Debtor in Possession credit facility, to acquire the ECS businesses, the Ingleside spoolbase and other assets. “In a challenging business environment our differentiated offering and strong capital discipline has
Emas Chiyoda Subsea Files for Bankruptcy
of Singapore's Ezra files for U.S. bankruptcy A subsea and offshore contractor affiliate of Ezra Holdings Ltd, a struggling Singaporean oilfield services firm, filed for U.S. bankruptcy as it ran short of cash due to a lingering downturn in the oil-and-gas industry. The affiliate, Emas Chiyoda Subsea Ltd, said in court papers filed in Houston that the company was suffering from weak demand for its subsea contracting work and tightening credit conditions. Ezra has said it may have to take a $170 million writedown on the value of its investment in Emas Chiyoda. Oilfield
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. Based on its medium-term management plan emphasizing differentiation through the use
Fugro Secures North Sea Trenching Projects
deployed in the North Sea over the next 12 months. At the Wintershall-owned Maria development in the Norwegian sector of the North Sea, Fugro will deploy the Q1400 trenching system under a contract with Subsea 7. At Det norske’s Ivar Aasen development, the system will be deployed for EMAS CHIYODA Subsea in June. For both projects the trencher will operate in jetting mode for burial of pipelines, power cables and umbilicals. In the U.K. sector, a contract with Bibby Offshore will see Fugro’s Q1400 trencher operating in both jetting and cutting modes to bury a new umbilical
February 2024
