Portugal’s Navalrocha shipyard has completed repair and refit of Polarcus Naila vessel.
The drydock project involved a broad package of work for the ultra-modern 14 streamer 3D/4D seismic vessel.
Navalrocha commercial director Sergio Rodrigues said: “The Polarcus Naila visited Navalrocha shipyard for a total of 33-days running through the Christmas period.
“The project involved five principal partners which operate at the Navalrocha shipyard base and a series of other specialist maritime firms, delivering a variety of mechanical, hydraulic, piping, steel work, blasting and painting as well as oil, fuel and ballast tank cleaning, carpentry and welding.
“Engineers repaired four winches, replaced a further two and installed two new winches to boost operations. A new partnership with Cyprus-based Deme Marine also saw the delivery of robotic hydro-blasting. This service helped reduce time and manpower while ensuring zero dust contamination or damage to seismic equipment, which can occur using more traditional slurry blasting techniques.
“A key reason Polarcus selected our yard was due to the scale of our graving docks. The vessel required draft clearance of 2.5m, dock floor to bottom of the vessel, to facilitate the main body of work involving the renewal of 12 box cooler units. The graving docks are also more suited to managing heavier vessels compared to floating docks. This is where Navalrocha offers a significant advantage to competitors and we are keen to open the door to many more projects involving seismic survey vessels and ships with similar dimensions such as OSVs, PSVs and AHT.”
Polarcus Naila superintendent Danilo Latkovic said: “This is our first engagement with Navalrocha shipyard. The project involved large volume of work with 140 small scale plus larger individual jobs. During the stay we had some unexpected large works which the yard managed well. Our decision to use Navalrocha shipyard was based on numerous factors including the accommodating our deep draft and block height demand. However, it was mostly driven by Navalrocha’s ability to fully focus its resources and facilities on our project. The scale of the yard means it does not manage multiple large projects at same time, which can be a shortfall in the case of larger yards.”
MODEC has signed a Sales and Purchase Agreement (SPA) with Equinor Brasil Energia, a subsidiary of Equinor, to supply a Floating Production Storage and Offloading (FPSO) vessel for the Bacalhau field in Brazil.
MODEC was awarded a Pre-Front End Engineering Design (Pre-FEED) contract for the FPSO in December 2018 and has now been selected as the turnkey contractor based upon its successful execution of the Pre-FEED contract and its response to the subsequent Invitation to Tender (ITT).
This contract is based on a two-step award. The FEED and pre-investment are starting now, with an option for the execution phase under a lump sum turnkey contract setup which includes engineering, procurement, construction and installation for the entire FPSO scopes.
Option for the contract is subject to Equinor’s planned investment decision for the Bacalhau project late 2020.
The FPSO vessel will be deployed at the Bacalhau field, Block BM-S-8, located in the pre-salt region of the Santos Basin.
Equinor’s field partners are ExxonMobil (40%) and Petrogal Brasil (20 %)
MODEC will be responsible for the design and construction of the FPSO, including topsides processing equipment as well as hull and marine systems.
The FPSO vessel will be permanently moored at a water depth of approximately 2,050 meters by a spread mooring system to be supplied by MODEC group company, SOFEC. First oil production is planned in the 2023-2024 timeframe.
The FPSO will be the largest FPSO ever delivered to Brazil. It will have a large topside designed to produce up to 220,000 barrels of crude oil per day, produce and inject up to 530 million standard cubic feet of associated gas per day and inject up to 200,000 barrels of seawater per day. Its minimum storage capacity of crude oil will be 2,000,000 barrels.
The FPSO will be the second application of MODEC’s “M350 Hull”, a next generation new built hull for FPSOs, full double hull design, which has been developed to accommodate larger topsides and larger storage capacity than conventional VLCC tankers, with a longer design service life. The hull will be built by Dalian Shipbuilding Industry (DSIC) in Dalian, China.
“We are extremely honored and proud to have been selected to provide a world class FPSO for Bacalhau project which is Equinor’s first pre-salt project in Brazil,” said Yuji Kozai, president and CEO of MODEC. “We believe this is the start of a long-term relationship with our clients Equinor, ExxonMobil and Petrogal Brasil and an opportunity that strengthens MODEC’s position as the leading FPSO service provider to the industry. We are committed to carry out this major project by cooperating closely with our clients in order to contribute to the advancement of the energy industry in Brazil.”
Petroleum Geo-Services (PGS), has bounced back in black in the fourth quarter ended December 31, 2019, as revenues hiked some 23 per cent from same time last year.
The Oslo-listed seismic player reported quarterly profit of $10.7 million, or 3 cents per share on revenues of close to $333 million, against loss of $23.5 million, or 7 cents per share on revenues of $270 million in the prior-year quarter.
For the full-year 2019, Norway-based PGS generated $931 million in revenues, compared to $874 million for the twelve months in 2018.
For the twelve months of 2019, PGS recognized net loss of close to $72 million, against $88 million loss in the prior year.
PGS secured order book of $322 million, up from $163 million compared to Q4 2018, but down $12 million sequentially.
PGS said it expects full year 2020 gross cash costs to be approximately $600 million. 2020 MultiClient cash investments are expected to be in the range of $250-275 million. Capex for 2020 is expected to be approximately $80 million.
“Our order book nearly doubled during 2019, compared to year-end 2018, improving visibility going into 2020. We expect seismic acquisition activity to continue to increase, supporting a further pricing increase for our services but not at the same pace as in 2019. Higher activity levels and a relentless focus on cost will position us well to improve cash flow further in 2020,” said Rune Olav Pedersen, president and CEO of PGS.
Subsea World News Staff
Van Oord has awarded Vos Prodect Innovations (VPI) a contract to supply cable hang-off systems for Windpark Fryslân.
As a part of the agreement, VPI will develop a custom made cable hang-off system, which is to be qualified with mechanical tests.
“We are delighted to be contracted by Van Oord for this prestigious project, which will be the largest inland wind park once build,” VPI said.
Windpark Fryslân is located in the IJsselmeer off the Frisian coast.
Scheduled to be commissioned in 2021, the 382.7MW project will comprise 89 Siemens Gamesa 4.3MW turbines.
Van Oord is responsible for the design, manufacture and installation of the monopile foundations and cables, as well as the delivery of the equipment to install the turbines.
The Brazilian-built pipelay support vessel (PLSV) Skandi Vitoria has been awarded a contract with TechnipFMC.
The contract will begin in January with validity of two years plus options.
The vessel has been in lay-up since summer 2018, after being previously on a contract with Brazilian state oil company Petrobras.
The Skandi Vitoria, owned by the joint venture between DOF Subsea (50%) and TechnipFMC (50%), is equipped with vertical and horizontal pipe-lay systems, a 250 mt crane and two work-class remotely operated vehicles (ROVs).
Subsea Integration Alliance (Subsea 7 and OneSubsea) has won of an exclusive contract from Equinor for the front end engineering design (FEED) study on its Bacalhau (formerly Carcará) project, offshore Brazil.
The Bacalhau field is located 185 kilometers from the coast of the State of São Paulo, in water depths of 2050 meters.
The awarded work is required to finalize the technical definition of the proposed development prior to Equinor making final investment decisions (FID) late 2020.
The contract is based on a two-step award. The FEED and pre-investment are starting now, with an option for the execution phase under a lump sum turnkey set-up which includes engineering, procurement, construction and installation for the entire SURF and SPS scope.
The development will include 19 wells, approximately 130 km of rigid risers and flowlines and 35 km of umbilicals.
Furthermore, Subsea Integration Alliance will be responsible for subsequent life of field support, representing a fully integrated contract model across the entire field lifecycle, from engineering, early engagement to after-sales services.
Project management and engineering will take place in Rio de Janeiro with support from Subsea 7’s Global Project Centre in UK, France and various OneSubsea offices.
Offshore installation activities are scheduled for 2022 and 2023.
Stuart Fitzgerald, deputy CEO for Subsea Integration Alliance, said: “The award to Subsea Integration Alliance of the FEED contract for the Bacalhau project builds on our early engagement expertise and successful track record of major integrated projects. It underlines the breadth and strength of our product portfolio, quality of onshore and offshore assets and our extensive project management and engineering capabilities in Brazil and worldwide. We look forward to supporting Equinor in this and future developments.”
Marcelo Xavier, Subsea 7’s vice-president Brazil, said: “This contract award builds on our successful track record of solutions developed for deepwater projects in Brazil and demonstrates our capability to maximise asset value through early engagement and an integrated approach.”
UK-based marine technology group OTAQ has completed the acquisition of Marinesense.
Marinesense is the manufacturers of the OceanSENSE underwater leak detection and DragonFish precision laser measurement systems for the offshore energy industry. They are considered specialists in underwater optics, lasers and video systems and have been operating since 2007 from their base in Aberdeen, UK.
Going forward Marinesense will become the Offshore division of OTAQ Group, with all their products available directly from OTAQ in Aberdeen or through their approved network of partners around the world.
Dr Harry Rotsch, founder and managing director of Marinesense, said: “We have been considering for some time what the best route for Marinesene to reach its full potential was. It was very important to me that we ended up with new owners who shared both our values and our product vision and I am very happy that we have found that in OTAQ Group.” Rotsch will continue as technical director for the OTAQ offshore division.
Phil Newby, CEO of OTAQ Group, said: “The acquisition of Marinesense is a very important milestone in the growth of OTAQ Group and will allow our Offshore division to provide a range of world class underwater technology products with an incredible track record. We are very excited about several new products that are in the pipeline and how the expanded team will enhance our engineering resource across the group.”
UK-based Seiche Environmental has strengthened its team with three key appointments within the business.
Amanda Hyam, formerly Marine Wildlife Advisory and Ancillary Services Manager at GeoGuide Consultants, joins the business as associate director to enhance the team’s expertise operating in the oil and gas, marine construction and engineering, offshore renewables, and marine science sectors.
Hyam joins Nicky Harris, who is being promoted to associate director within the business where she has played a key role in expanding Seiche Environmental’s services.
Together with Michelle Roffe, recently promoted to business development executive for Africa, Seiche Environmental said it is well positioned to deliver projects on a global basis.
Mark Burnett, CEO of Seiche Water Technology Group, said: “Our highly experienced team brings together years of international practice, providing clients with the very latest advice on underwater acoustic measurement, monitoring and mitigations requirements as well as environmental compliance and governmental regulatory assistance. The addition of Amanda to the team and promotions for both Nicky and Michelle further enhance our international capability in managing offshore projects globally.”
Underwater diver detection sonar technology from Sonardyne has been selected by yacht security specialist Frankentek for its latest new-build superyacht surveillance and protection project.
Sentinel Intruder Detection Sonar (IDS) will provide security personnel on the unnamed vessel with a clear and early warning of any underwater threats, such as divers, swimmers and drones, approaching the yacht or entering a restricted area, ensuring owner, guest and crew safety and privacy.
Sonardyne’s Sentinel is said to be the most widely deployed commercial off-the-shelf (COTS) underwater IDS technology on the market, with ability to recognise genuine targets with intent and non-threats, such as large fish or pleasure craft, in a wide range of operational environments.
According to Sonardzne, Sentinel detects, tracks and classifies underwater threats up to 1.5 kilometers range to provide a rapidly deployable perimeter intrusion capability to help safeguard large private yachts when at anchor or berthed in a marina. It is also regularly supplied to protect commercial ports, naval bases, VIP waterside residences and critical national infrastructure facilities including power stations and desalination plants.
Ofgem has launched an investigation into National Grid Electricity Transmission and SP (Scottish Power) Transmission for the delivery and operation of the Western high-voltage direct current (HVDC) subsea cable.
The Western HVDC is a £1.3 billion subsea cable that transports electricity between Scotland, Wales and England.
The project was undertaken by a joint venture between National Grid Electricity Transmission and Scottish Power Transmission.
The investigation will review the performance of National Grid Electricity Transmission and Scottish Power Transmission in delivering the cable. It will consider whether its late delivery means they breached special licence condition 6I, which specifies the expected delivery date of the Western HVDC subsea cable.
Additionally, the investigation will consider compliance with standard licence condition D (provision of transmission services) and section 9 of the Electricity Act 1989 (provision of economical, efficient and co-ordinated services).
The investigation will also examine potential breaches relating to the operation of the cable.
The opening of this investigation does not imply that we have made any findings about non-compliance by National Grid Electricity Transmission or Scottish Power Transmission.