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Equipment, Project & Tenders
Swedish engineering group Sandvik Materials Technology said it has received large orders for advanced tubes for the energy segment. The orders were booked in the first quarter 2020 at a combined value of about SEK 630 million ($61 million). According to the company, the deliveries are scheduled as from the second half of 2020. “I […]
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Engineering group Sandvik has completed the divestment of Sandvik Drilling and Completions (Varel) to the private equity firm Blue Water Energy and its co-investor, the privately owned Nixon Energy Investments. Sandvik will remain a minority owner of 30% of the company and hold a position on the board. The contribution to Sandvik’s earnings per share […]
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Sandvik has received the first large scale stainless steel umbilical tube order in Brazil pre-salt Mero oil field. The order consists of over 500 kilometers of Sandvik’s super duplex Sandvik SAF 2507 stainless steel umbilical tubes encapsulated by Prysmian Group. Sandvik SAF 2507 is an austenitic-ferritic stainless steel that performs well in highly corrosive conditions. […]
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Business & Finance, Equipment
Swedish engineering group Sandvik has won the first large-scale stainless steel umbilical tube order in Brazil’s pre-salt Mero oilfield.
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Business & Finance, Project & Tenders
Sandvik Materials Technology has received several orders for advanced tubes for the oil and gas industry. The contract has a combined value of about 1 billion SEK ($111 million), with the majority being for umbilical tubes. Orders were booked in the first quarter of 2019 and deliveries are scheduled as from the second half of […]
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Equipment, Project & Tenders
Sandvik has signed a contract for the supply of stainless steel tubes required for 250 kilometers of umbilicals, linking a subsea development to an existing offshore platform. The contract value is approximately SEK 700 million and deliveries will take place from the end of 2017 and during first half of 2018. “We are proud to […]
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Business & Finance, Equipment
Swedish engineering group Sandvik has signed a contract for the supply of stainless steel tubes required for 250 kilometers of umbilicals, linking a subsea development to an existing offshore platform. Sandvik said on Tuesday that the contract value was approximately 700 million SEK (about $85.4 million) and that the delivery would take place from the end […]
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Business & Finance, Equipment, Operations & Maintenance, Project & Tenders
Sandvik Materials Technology has secured a contract to be the sole provider of stainless steel umbilical tubes for the Leviathan gas field in the Mediterranean Sea, offshore Israel. The order was booked in the first quarter and the value is about 400 million SEK ($40 million) with deliveries scheduled for 2017. “I am pleased that our […]
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Business & Finance, Equipment
Sweden’s Sandvik Materials Technology will be supplying umbilical pipes for one of the largest offshore gas projects in the Mediterranean – the Leviathan. The company on Tuesday said it won a contract to the sole provider of stainless steel umbilical tubes for the Leviathan gas field, operated by the U.S. company Noble Energy. According to Sandvik, […]
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Sandvik is a global engineering Group that employs 50,000 people commitment to enhancing customer productivity, profitability and safety. Sandvik’s operations are organized into five business areas responsible for research and development (R&D), production and sales of their respective products. The company is a developer and producer of advanced stainless steels, special alloys, titanium and other materials. Subsea World […]
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Business & Finance, Equipment, Technology
Sandvik, a leading global supplier of equipment and tools, service and technical solutions for the mining industry, has announced that they won the Solbakk tunnel contract. This arrangement will include four intelligent computer-controlled Sandvik DTi series jumbos, rock tools and a service contract. The tunnel will be 14.3 kilometers long, with its deepest point 290 […]
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Business & Finance, Equipment, Operations & Maintenance
Sandvik Group, a high-technology, engineering group, is contracted for the world’s longest subsea tunnel project. The Solbakk tunnel is one of three tunnels in a Norwegian mega-infrastructure project and will build a ferry-free connection between the area of Nord Jæren and Ryfylke. This will reduce travelling time between the two locations into one third. The tunnel […]
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Business developments & projects, Operations & Maintenance
Norwegian energy giant and LNG operator Equinor has received PSA’s Hammerfest LNG inspection report.
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Business developments & projects, Equipment, Infrastructure, Innovation, Technology
The construction has kicked off on the world’s longest subsea road tunnel and the second Jiaozhou Bay tunnel in China. The launch ceremony took place in Qingdao’s West Coast New Area on October 29, bringing together leaders and experts from government, academia, as well as Qingdao Conson Development. Qingdao Conson Development began preliminary research on […]
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Business developments & projects, Operations & Maintenance
Norwegian energy giant and LNG operator Equinor, could close its Hammerfest facility for up to twelve months for repairs.
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Trelleborg Group has appointed Fredrik Nilsson as new chief financial officer. He will assume the position during the first quarter of 2021. Nilsson will succeed Ulf Berghult, who has decided to leave his position to take up work outside the group. Ulf will complete the 2020 year-end report before leaving Trelleborg for his new assignment. […]
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Business & Finance, Business developments & projects, Heavy lifting, Infrastructure, Project & Tenders, Vessels
Aker BP has awarded a call-off for removal and disposal of multiple installations in the Valhall area in the North Sea to Allseas.
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Aker BP and its partner Pandion Energy have produced first oil from Valhall Flank West in the North Sea. Through the development of this field, the wellhead platform alliance between Aker BP, Kvaerner, Aker Solutions and ABB set a new standard for delivery of flank developments on the Norwegian shelf. “This is truly a delivery […]
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Norwegian oil and gas company Aker BP has produced first oil from the Valhall Flank West project in the North Sea offshore Norway.
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Spanish shipyard Zamakona in Bilbao has secured a new environmentally friendly pelagic fishing vessel order from Danish Gitte Henning fishing company. Henning Kjeldsen said that he initially intended to withdraw from fishing after the sale of previous Gitte Henning vessel to the Faroe Islands, as well as receiving offers for all his pelagic fishing rights. […]
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On August 24, Turkish Cemre Shipyard launched the hull of a new ferry being built for Fjord1.
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Aker BP has appointed Knut Sandvik as senior vice president Projects. He will be a part of the executive management team and will report to CEO Karl Johnny Hersvik. Sandvik has worked for Aker Solutions for more than 30 years, joining what was then Norwegian Contractors as a field engineer in 1987. Throughout his career, […]
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Norwegian ferry operator Torghatten Nord has taken delivery of its two LNG-fueled vessels Huftarøy and Samnøy, built by Tersan Shipyards in Turkey.
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The Fjords plans to add another all-electric passenger vessel to its fleet.
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Business & Finance, Equipment, Technology
The ¡VAMOS! partners, together with Advisory Board members and interested external parties, were present at the ¡VAMOS! technology Demonstration Day, on October 24, at the Magcobar flooded mine pit, in Silvermines, Ireland. In total 85 visitors participated in the field demonstration to raise awareness of the innovative technology with stakeholders and local communities. The ¡VAMOS! (Viable Alternative […]