Highlights of the Week

Subsea World News has put together a recap of the most interesting articles from the previous week (December 05– December 11).

Subsea Integration Alliance between OneSubsea, a Schlumberger company, and Subsea 7 has secured a contract from Murphy Oil for engineering, procurement, construction, installation and commissioning (EPCIC) of subsea multiphase boosting system for the Dalmatian Field in the Gulf of Mexico.

This is the first EPCIC project award for Subsea Integration Alliance, which was formed July 2015, and represents the industry’s longest deepwater subsea multiphase boosting tieback.

Bibby Offshore, a subsea services provider, has secured a new contract with Shell in the North Sea.

The campaign, due to start in Q1 2017, will see Bibby Offshore provide engineering and subsea construction activities in the Gannet G field in the Central North Sea.

Under the agreement, Bibby Offshore will utilize its multipurpose dive support and offshore construction vessel ‘Bibby Polaris’ and its integral 1000 tonne basket carousel to lay flexible pipe systems in water depths of approximately 95 meters

Fugro said it has decided to no longer pursue the divestment of its subsea services business in Asia Pacific to Shelf Subsea.

Namely, in August this year, Fugro signed a deal with Shelf Subsea to sell its subsea services business in Asia Pacific, however, Furgo informed that the parties were unable to reach agreement on some closing conditions, following which Fugro has decided to no longer pursue the transaction.

Mermaid Maritime and China Merchants Industry Holdings have mutually agreed to cancel the construction contract for the DP2 dive support and construction vessel ‘Mermaid Ausana’, effective December 6, 2016.

The two companies previously settled to postpone the delivery of the vessel to June 30, 2017.

The construction deal had already seen Mermaid pay a pre-paid installment of USD 20.4 million. Additional USD 124.8 million would have been due to China Merchants Industry Holdings upon delivery of the vessel.

South Stream Transport B.V. has awarded the Swiss-based Allseas a contract to lay the first line of the TurkStream offshore gas pipeline in the Black Sea, with an option for laying the second line.

Allseas will engage the world’s largest construction vessel Pioneering Spirit for the job. Pioneering Spirit is equipped with pipelay equipment that makes it possible to install record weight pipelines from shallow to ultra-deep water, and has an S-lay tension capacity of 2000 tonnes.