Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (January 02 – January 08).
Work on the contract is expected to be executed through the fourth quarter of 2017. McDermott plans to use its engineering teams in Dubai, Chennai, India and Al Khobar, Saudi Arabia with construction taking place at McDermott’s fabrication facilities in Dubai and Dammam, Saudi Arabia.
However, several media reports indicate that the search mission could continue with the privately funded search by the manufacturer of the missing aircraft, Boeing.
The term sheet between Farstad and SOSI has terminated, and Farstad will pursue other alternatives for its financial restructuring in continued cooperation with its key financial creditors, the company said.
Ultra Deep Solutions (UDS) informed that its “Deep Installer” vessel will be Canadian flagged.
The vessel, based on the proprietary design “Red Class 6027” MT design DSCV, is a DP3, 143-meter multipurpose subsea diving support construction vessel. Reportedly, this should be the first “Canadian Flagged” DSCV in history after its delivery, scheduled for Q1 2018.
Bruce Anchor will retain its independence within the Acteon portfolio. Bruce Anchor’s director of Sales, Steve Broadbent, will manage the business, reporting to Bernhard Bruggaier, Acteon’s executive vice president of Operations.
List of related news articles
-
Posted: 11 days ago
McDermott completes raising $560M in new funds
U.S. offshore engineering and construction services provider McDermott has completed the raising of ...
Posted: 11 days ago -
Posted: 10 days ago
McDermott bags NFS FEED job from Qatar Petroleum
The LNG and energy engineer, McDermott International has been contracted to deliver front-end engine...
Posted: 10 days ago -
Posted: 2 months ago
Former SNC-Lavalin CEO joins McDermott board
U.S. engineering and construction services company McDermott International has appointed a new membe...
Posted: 2 months ago -
Posted: about 1 month ago
McDermott gets fresh capital injection
McDermott has secured approximately $560 million in new capital through a series of transactions exp...
Posted: about 1 month ago