Subsea news

The UK’s underwater engineering industry is set to recruit 8928 people in the next three years, according to the findings of a new report.

DOF Subsea has secured contracts for pre-lay and LBL array installation activities in Guyana, subsea installation work in Trinidad and well-head removal work in Canada.

Under the MoU, the companies will offer tooling and services in four distinct areas.

The contracts, for undisclosed clients in Australia, will see Skandi Singapore commence subsea project operations during 1Q20 for two major operators in the region over a period of 50 – 60 days.

Petrobras holds 100% interest in both concessions, with the exception of exploratory block BM-ES-23, in Golfinho, where it owns 65%.

The three-day exhibition and conference, Subsea UK’s flagship annual event, with the theme of “New Perspectives” will focus on exploiting the Blue Economy, the energy transition and cross-sector collaboration to capitalise on emerging opportunities.

The project work scope covers the engineering, procurement, construction, transportation and installation of a SURF system and associated subsea production systems (SPS).

The project included the subsea inspection of three large conventional jacket structures off the coast of California.

The work is expected to commence in early January 2020 and will continue through most of 1Q20.

CGG has agreed to transfer its 40% shareholding in Seabed Geosolutions to Fugro before the end of 1Q20.