Top News of The Week October 11-16, 2013

November 17, 2013

Allseas to Build Vessel Larger Than ‘Pieter Schelte’

Swiss-based Allseas has decided to build a second single-lift platform installation and decommissioning vessel. The new vessel, larger than Pieter Schelte, can remove all platform topsides in the North Sea which are beyond the capability of Pieter Schelte. Besides decommissioning, the vessel is designed for worldwide installation of very large topsides.

DOF Scores Multiple Contracts Worth $902 Million

Norwegian DOF Group announced it has secured several contracts worth NOK 5,6 billion (approximately $902 million) in total. DOF Subsea Chartering AS, a subsidiary of DOF Subsea AS has entered into a time charter agreement with Technip UK Ltd. for hull no 800 under construction at Vard Group AS.

SBM Offshore Sells ‘SBM Installer’ to Daya

SBM Offshore has agreed to the sale of the DSCV SBM Installer, a newbuild Diving Support and Construction Vessel (DSCV), to Daya Vessels Limited, a subsidiary of Daya Offshore Construction Sdn Bhd, for US$180 million in cash.

Exxon, BHP Billiton Get Approval for Scarborough FLNG

The Australian Federal Government has granted environmental approval for the Scarborough field development via what will be the world’s largest FLNG facility. The Scarborough field, located off the coast of Western Australia, approximately 220 kilometres northwest of Exmouth in 900 metres, is being run by a 50:50 joint venture between ExxonMobil and BHP Billiton.

Bumi Armada Enters North Sea Market with Kraken FPSO Deal

Malaysia-based oilfield services provider, Bumi Armada announced that EnQuest has via a Letter of Interim Agreement , confirmed its intention to award a contract for the supply and operations of an FPSO to Bumi Armada to operate in the Kraken field (UKCS Block 9/02b) in the UK sector of the North Sea.