Top News of the Week of Sep 02 – Sep 08, 2013

Business & Finance

September 8, 2013

1. DOF Subsea Rederi Sells Skandi Bergen Vessel

DOF Subsea Rederi AS, an entity in the DOF Subsea Group, has entered into an agreement where the vessel Skandi Bergen is sold to an international buyer.

2. GE Oil & Gas Launches New Subsea Manifold Design and Delivery Strategy

Facing a surging global demand for critical subsea oil and gas production equipment, GE Oil & Gas has launched a new strategy to dramatically reduce the time it takes to design and deliver subsea manifold systems to key offshore customers by adding a standardized manifold design option.

3. Subsea 7 Bags $140 Mln Contract Offshore Norway

Subsea 7 S.A. announced the award of a contract valued at approximately $140 million from Statoil for the removal and replacement of risers, flowlines and associated subsea structures on the Norwegian Continental Shelf.

4. Ocean Installer Gets SURF Contract from Statoil

Ocean Installer has been awarded a SURF (Subsea structures, Umbilicals, Risers, Flowlines) contract for subsea lines modification work at several Statoil operated fields on the Norwegian Continental Shelf. The total contract value (firm) is approx. USD 55 million and with an additional potential (options) of approx. USD 95 million.

5. Bibby Offshore Secures IRM Contract with Talisman Sinopec Energy UK

Aberdeen-based subsea installation contractor Bibby Offshore has secured a contract extension worth in excess of £100million, with Talisman Sinopec Energy UK.

Top News of the Week of Aug 19 – Aug 25, 2013

Subsea World News Staff, September 08, 2013