Located approximately 260 km offshore Luanda in water depths ranging from 1,400 to 1,900 meters, the Kaombo project will develop six of the 12 discoveries already made on Block 32. The six fields (Gengibre, Gindungo, Caril, Canela, Mostarda and Louro) cover an area of 800 km2 in the central and southeast part of the block.

  Fugro has been awarded a contract for three years, plus a one year extension option, by Murphy Sabah Oil Co., Ltd. for the provision of rig and subsea positioning services.

  Bibby Remote Intervention Limited (BRIL), part of Aberdeen-based subsea installation contractor, Bibby Offshore, has further expanded its fleet by signing a charter agreement for an IRM (Inspection Repair and Maintenance) light construction vessel and adding an additional two ROVs (Remote Operating Vehicles) to its operations.

Kieran O’Brien, Infield Systems, UK, examines the growing importance of ROVs within the offshore oil and gas industry.

Work class ROVs are indispensable in the offshore oil and gas industry, working on a whole spectrum of life-of-field applications from exploration drill support to decommissioning of offshore infrastructure. There are over 1100 work class ROVs servicing the global market at present. Infield Systems’ ROV database (InfieldROV) divides these work class ROVs into three categories – light work, medium work and heavy work.

  Subsea 7 has exercised the final extension option on the vessel Skandi Seven, and the vessel is firm from April 2015 until end March 2017.

 The Offshore operations manager for Diamond Offshore Drilling International has been shot dead in an attempted carjacking in Brazil.

The news that signals consistent with the missing Malaysia Airlines plane have been detected has been called the most promising lead so far.

Experts are still urging caution at this stage, but if these "pings" detected by the Australian ship Ocean Shield are confirmed a recovery operation could at last get under way.

David Mearns, director of Blue Water Recoveries Ltd, said: "We've gone from little hope to a lot of hope in the space of a day.

 

Maritime Training and Competence Solutions (MTCS Ltd.) claims the whole subsea industry is getting busier all the time, with companies investing and expanding. One area in which this has been particularly noticeable is in remotely operated vehicles (ROVs). As the demand for ROVs increases, so does the need for qualified ROV Pilot technicians. Fueled by the search for oil in ever deeper waters and utilizing numerous strands of technology, the world of ROVs is breaking new ground to develop ever more sophisticated vehicles, meaning an increased need for pilot technicians. The global demand for ROVs was recently highlighted in a report from analysts, Douglas-Westwood, which revealed that expenditure on work class ROV operations had more than doubled since 2002. The energy analysts predict that by 2012, $1.458B will have been spent in this sector.

DALLAS, March 28, 2014 /PRNewswire/ --

According to new market research report "Unmanned Underwater Vehicles Market by product [ROV (Remotely Operated Vehicles) and AUV (Autonomous Underwater Vehicles)], Application (Defense, Oil and Gas, Scientific Research) & by Geography (North America, Europe, Asia-Pacific, The Middle-East, Latin America, ROW) - Forecasts & Analysis (2014-2019)", published by MarketsandMarkets, is projected to cross $4.84 Billion by 2019, growing at a high CAGR from 2014 to 2019.The global ROV market is estimated to be $1.2 Billion in 2014 and expected register a CAGR of 20.11% in 2019. The global AUV market is estimated to be $457 Million in 2014 and expected register a CAGR of 31.95% in 2019.

TE Connectivity Ltd. today announced that it has signed a definitive agreement to acquire the SEACON group, a leading provider of underwater connector technology and systems, for $490 million in cash. The SEACON group serves the military marine and sub-sea sectors for remotely operated vehicles (ROV)/autonomous underwater vehicles (AUV), oil and gas, environmental and oceanographic applications