Highlights of the Week
- Business & Finance
Subsea World News has put together a recap of the most interesting articles from the previous week (June 12 – June 18).
RIL and BP announced that they will award contracts to progress development of the ‘R-Series’ deep water gas fields in Block KGD6 off the east coast of India. The R-series (D34) project is a dry gas development in water-depths of more than 2,000 metres, approximately 70 kilometres offshore.
Namely, the company has agreed to postpone delivery of five anchor handling vessels under construction at Kleven Yard in Norway and four subsea support vessels under construction at Cosco, Dalian in China.
The ongoing EPC project covers the provision of subsea equipment including template structure, manifold and two subsea trees including wellheads and modifications of control systems to the Visund Nord improved oil recovery project, whereas the extension includes installation of the template structure and manifold as well as delivery and installation of flowline spool and umbilical.
The repair is planned to be undertaken in June using the cable installation vessel Isaac Newton, which was mobilized from Canada to Europe, Jan de Nul informed.
The Safaniya 264 jacket is part of McDermott’s long term agreement II (LTA II) scope of work with Saudi Aramco.