Business & Finance

Damen to Revamp SGU’s Survey Vessel
Damen Oskarshamnsvarvet in Sweden has won a contract to undertake a major life extension programme on the survey and research vessel S/V Ocean Surveyor, owned by SGU, Sweden’s national geological survey agency. The vessel will undergo the life-time extension over the course of 12 months. It will inc

GLDD Nets $71.6 Million in New Contracts
Great Lakes Dredge & Dock Corporation (GLDD) has announced the receipt of several major dredging awards totaling $71.6 million. David Simonelli, President of Dredging commented, “Great Lakes is pleased to announce these important, coastal protection, maintenance and restoration dredging awards. Thes

Subsea 7 to tie back Murphy’s Gulf of Mexico wells
Subsea 7 has been awarded a substantial contract by Murphy Exploration and Production Company for operations in the U.S. Gulf of Mexico.

Maersk Drilling bags one-well gig offshore Egypt
Maersk Drilling has been awarded a one-well contract for the semi-submersible rig Maersk Discoverer offshore Egypt.

Port of Mossel Bay Dredging Wraps Up
Transnet National Ports Authority’s Dredging Services has concluded its Port of Mossel Bay 2019/20 dredging campaign, ensuring that sand trap and high spots within the port were successfully removed. The 2019/20 campaign made use of two dredgers – trail dredger, Isandlwana, which focused its effort

SeaBird picks up extension for Petrel Explorer seismic vessel
SeaBird Exploration has received a notice of extension for the Petrel Explorer seismic vessel charter.

Spirit Energy gets rid of two Danish assets
Spirit Energy has signed an agreement to divest two non-core Danish assets to Ineos.

Malaysia’s Uzma wins new contracts with two oil majors
Malaysian oil and gas services provider Uzma Berhad has been awarded new contracts by oil majors Petronas Carigali and Shell.

EMGS Sets Sight on Namibia Multi-Client Campaign
Norwegian geophysical services company EMGS has received a letter of intent with a minimum value of USD 3.6 million from an undisclosed customer on behalf of a JV block consortium, offshore Namibia. Under the terms of the pending data licensing agreement, a final survey option type and license fee i

Shell extends North Sea contract for Prosafe flotel
Prosafe and oil major Shell have agreed a contract extension for one of Prosafe’s units for operations in the UK North Sea.

Total taps Shearwater for seismic survey in Black Sea
Shearwater GeoServices has been awarded a large towed streamer 3D acquisition and Fast Track processing project in the Black Sea by Total E&P Bulgaria.

Congressman Scott Highlights Priorities for WRDA 2020
Virginia Congressman Bobby Scott delivered the following testimony before the House Committee on Transportation and Infrastructure’s Subcommittee on Waters Resources and Environment about programs he would like to see included in the Water Resources Development Act of 2020 – authorization legislatio

Wood to deliver engineering design for Chevron’s Gulf of Mexico project
Wood is delivering a multimillion-dollar engineering design project for Chevron’s Anchor deepwater development in the Gulf of Mexico.

Trafigura, Phillips 66 Create JV to Develop Deepwater Port in Texas
Phillips 66 and Trafigura Group have formed a joint venture to develop an offshore deepwater port.