Deepwater ROV Deployed Dredge Clears Subsea Sediments
2009.12.11 -
Company News

When drilling operations for a major oil company’s Gulf of Mexico well were completed in depths greater than 2,000 msw, the sediment deposits had covered the subsea equipment, including the corrosion protection anodes. Using a 6-inch Oceaneering GTO Subsea AS ROV Dredge, several feet of silt deposits and drill cuttings were removed and the effectiveness of the anodes was quickly restored.
The Oceaneering dredge, a Venturi based system, excavated the subsea equipment site by moving the layered deposit materials out of the way of further well completion operations. The powerful 6-inch system can move 40 tons of deposits per hour with the capacity to accommodate stones or lumpy deposits to a diameter of 5.5-inches. By adding customized suction hosing, the discharged materials can be directed as desired.
The specialized tooling can be easily mounted to the ROV and requires no additional personnel for operation or deck space and sea fastening.
Petroleum Geo-Services ASA ('PGS' or the Company) announced today that it has entered into a definitive agreement to acquire Applied Geophysical Services, Inc. (AGS) for a price of USD 51 million, subject to certain adjustments for changes in working capital. PGS estimates an enterprise value for AGS of approximately USD 46 million. AGS is based in Houston, Texas and specializes in providing advanced depth imaging services. The transaction is expected to close during the course of this week.
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Gaz de France has acquired a 45% stake in the Alam El Shawish West licence in Egypt from Vegas Oil & Gas.
Trico Marine Services, Inc. (NASDAQ: TRMA) ("Trico") and Active Subsea ASA (NOTC: ASUB) ("Active Subsea") today announced that Trico intends to make a voluntary offer for all outstanding shares, options and warrants of Active Subsea.