1 April 2011
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April 2011 UT3 The ONLINE magazine of the Society for Underwater Technology Offshore Engineering Tidal Energy Underwater Equipment 1 UT2 April 2011 Contents Processing Pilot Ready for Testing 4 April 2011 UT2 The magazine of the Offshore Jubarte, Wellstream 6, Gygrid, Tahiti, Gudrun, West Boreas 8, Society for Underwater Technology News Clov, Liuhua, Abkatun, FMC, Cameron/SLB 9, Deepwater Pipelay System 10, McDermott FEED, Brazil, Goliat, Ekofisk, Mariscal Sucre Dragon/Patao, BP 11, Ultra High Flow Injection, Omni- Choke 12 Underwater Flow Assurance Using Radioisotope Technology 14, Pipelines Deepwater Composite Riser 16, Hyperbaric Test Chamber Offshore Engineering Tidal Energy 17, High Pressure Swagelining, Plough in Baltic for Nord- Underwater Equipment Stream, SCAR 18 1 UT2 April 2011 The stern of Saipem’s new vessel showing the pipelay Underwater Subsea UK, RBG 20, Subspection, flexGuard 21, tower. Equipment Laser Scanning 22, HMS Audacious, TOGS, HULS, PAVS 24, Image: IHC Engineering Mojave in China 25, Tsunami Detection, Motion Sensor 26, Cable Survey 27, Cameras and Underwater Digital Stills 28, University of Plymouth Flora Lighting and Fauna Survey, True Lumens 30, Pan and Tilt Camera, April 2011 Aurora 31 Vol 6 No 1 Underwater Multi-Sensor AUV Pipeline Inspection, Integration 32, New Vehicles Markets for the AC-ROV 33, Cougar, CDS 34 2 Sonar 4000m Imaging, UUV, SALT 36, Sonar 294 37 UT Society for Underwater The Tide is Turning 36, MCT, Beluga 9 40, Bio Power 41, Technology Tidal 80 Coleman St The Bourne Alternative, Nexus Positioning, Hales Turbine 42, London EC2R 5BJ Norwegian Ocean Power 43, ORPC Turbine Generator 44, Oyster 2 45, Wave and Tidal 45 +44 (0) 1480 70007 Exhibitions UDT 46 Editor: John Howes [email protected] SUT Advanced Instrumentation for Research in Diving and Hyperbaric Medicine 47, AGM 48, Aberdeen Sub Editor: Michaelagh Shea [email protected] AGM and Dinner 49, AGM Perth 50 US: Published by UT2 Publishing Ltd for and on behalf of the Society for Underwater Stephen Loughlin Technology. Reproduction of UT2 in whole or in part, without permission, is prohibited. The publisher and the SUT assumes no responsibility for unsolicited Production: Sue Denham material, nor responsibility for content of any advertisement, particularly infringement of copyrights, trademarks, intellectual property rights and patents, Design and Layout nor liability for misrepresentations, false or misleading statements and illustrations. Torpedo Design These are the sole responsibility of the advertiser. Opinions of the writers are not necessarily those of the SUT or the publishers. ISSN: 1752-0592 UT2 April 2011 2 UT2 April 2011 Acquisitions Cameron Natco Fugro TSM Furgo Riise Bolt SeaBotix Cameron has closed on its Fugro has acquired TSmarine Pacific region, where it will enhance Fugro has acquired Riise approximately EUR 0 million acquisition of NATCO, following Group Holdings (TSM) with its Fugro’s existing presence, but has Underwater Engineering (RUE). per annum. The company has 25 Bolt has acquired all of the Supply Agreement the approval of the previously headquarters in Perth, Australia, also recently established an office in With its headquarters in Haugesund, permanent professional staff and outstanding common stock of announced merger agreement by and its subsidiaries in Singapore, UK to develop services in Europe- Norway, RUE is a provider of has up to 100 contract staff at any SeaBotix. The company was NATCO’s shareholders. Labuan (Malaysia) and Aberdeen Africa. subsea engineering, ROV and one time. established in 2001 and is located (UK). TSM is a specialist diving services offshore and inshore in San Diego, California. NATCO shareholders received provider of subsea construction, TSM’s revenues currently amount to the oil and gas industry. The combination of Fugro’s 1.185 shares of Cameron common IRM (inspection, repair and to over US$120 million per annum. existing strength in IRM and SeaBotix LBVs are used for a stock in return for each share maintenance) and light well The company has 70 permanent Specialised in IRM (inspection, its global network with RUE’s variety of underwater tasks such of NATCO common stock held, intervention. office-based professional staff and repair and maintenance) and subsea business will lead to substantial as maritime security, search and will receive cash reflecting has up to 100 contract staff at any construction support, RUE currently synergies and will enable Fugro and recovery, aquaculture, the value of any fractional The company operates remotely one time. operates 2 specially designed to strengthen its subsea services scientific research, hydro and shares. Cameron has issued operated vehicle (ROV) and vessels in West Africa and one business in support of the offshore nuclear energy applications, approximately 2.7 million shares diving services and has four high TSM will be renamed Fugro-TSM inshore vessel in Norway with both oil and gas industry. forensic investigations, as well as related to this transaction. specification chartered vessels in and will be part of Fugro’s Subsea work class and observation class inspections of off-shore oil and gas its fleet. Services Business Line. TSM ROVs and a number of modular RUE will be renamed Fugro-RUE drilling platforms and pipelines. management will continue to work diving systems. AS and will be part of Fugro’s It is primarily focused in the Asia- in Fugro. Subsea Services Business Line. SeaBotix LBVs are designed for Trelleborg RUE’s revenues show strong RUE management will continue to observation and lightduty Through its Engineered Systems growth and amount at present to work in Fugro-RUE. work, and can be equipped with a business area, Trelleborg variety of sensors including high- has signed an agreement to Cameron IMandF GE Wellstream definition video cameras, imaging acquire a subsidiary of Veyance sonar, tracking systems, as well as Technologies. The business Cameron has acquired Industrial GE has been carried out the its GE Converteam Ezra AMS various tools such as multifunction focuses on specially designed Machine and Fabrication, an strategic acquisition of Wellstream grabbers and cutting heads. The oil hoses for surface and deep- aftermarket service provider Holdings. GE Energy announced that its Aker Solutions has transferred patented Crawler system offered sea applications for the strongly for reciprocating engines Energy business has entered into an ownership in its subsidiary Aker by SeaBotix in certain of its LBV growing offshore oil and gas and compressors based in Wellstream, which has more than agreement to acquire approximately Marine Contractors (AMC) to products is designed to allow for extraction industry in Brazil. Huntington, West Virginia. 850 employees and operates two 90 % of Converteam, a leading Singapore listed company Ezra precise and complete underwater manufacturing facilities in Newcastle, provider of electrification and Holdings (Ezra) in exchange for ship hull inspections in demanding The plant is located in Santana “The acquisition is consistent United Kingdom, and Niterói, Brazil, automation equipment and systems, equity and cash. conditions. de Parnaiba, close to São Paulo. with Cameron’s strategy of specializes in the engineering and from a controlling Trelleborg will take over the lease core business expansion into manufacture of high-quality flexible In addition, 50% of Aker Solutions’ SeaBotix will continue to operate on the facility, which is 15 000m2, growth markets. It provides our risers and flowline products for oil This is intended to expand offering ownership in the Aker Connector in San Diego as a wholly-owned acquire the existing equipment and Reciprocating Compression and gas transportation in the subsea in rapid growth sectors that demand installation vessel will be subsidiary of Bolt. assume responsibility for the some division with a regional centre production industry. high energy efficiency, such as oil transferred to Ezra. 100 employees. to better support our customers; and gas, thermal power generation not only on the existing installed The $1. billion (£800 million GBP) and renewables. In the transaction, AMC is valued The acquisition is expected to base of equipment, but also acquisition of Wellstream enables at USD 250 million. Ezra will settle Oceaneering NCA be finalised imminently, and provides the local infrastructure,” GE to capitalize on growth in the It enhances GE’s ability to bring the transaction by paying Aker Oceaneering International has will be followed by investments said Joe Mongrain, President floating production, storage and integrated solutions in key growth Solutions US$50 million in cash, agreed to acquire Norse Cutting in supplementary production of Cameron’s Process and offloading offshore segment which regions, including Brazil, Russia, US$100 million in shares in Ezra and Abandonment AS (NCA), for equipment. It is anticipated Compression Systems business underpins deepwater oil and gas China, India and the Middle East. Holdings Ltd, and US$50 million approximately $60 million. that production can commence segment. production. in a convertible bond with maturity gradually as of the second half of after 6 months. NCA is an oilfield technology 2011. The purchase consideration company that specialises is SEK40M. Trelleborg will initially The final US$50 million plus in providing subsea tooling invest SEK25M during 2011. Satlantic Sea-bird Raytheon AST interest will be settled in cash services used in the Satlantic is joining Sea-Bird