Technip was awarded by Statoil a contract, worth approximately €55 million, for the Vigdis NE field development located in the Norwegian Sea at a water depth of 220 – 310 meters. This contract covers: * welding and installation of flowlines*, including a 1.5 kilometer pipe-in-pipe production flowlin
After a turbulent period the Noordhoek Group is in the concluding stage of a relaunch. By attracting external capital the company is to proceed to operate at the same location in Zierikzee, while the vast majority of the quality staff will be able to join the company. The investment company Value En
Eiliv Gjesdal has been appointed Chief Financial Officer (CFO) of Kvaerner. Gjesdal is following the appointment of Jan Arve Haugan as President and Chief Executive Officer (CEO). Gjesdal joined Aker Solutions in 2002 and has extensive experience from finance functions in Aker Solutions as well as a
Aker Solutions’ operating revenues in the first quarter of 2011 were NOK 12 billion, and earnings before interest, tax, depreciation and amortisation amounted to NOK 1.8 billion, including profit from asset sales and non-recurring items. “The streamlining of our business is nearly complete, and Kvae
Subsea buoyancy, insulation and elastomer product specialist, Balmoral Offshore Engineering, announced the opening of its new test facility during the annual Offshore Technology Conference in Houston this week. The Balmoral Subsea Test Centre, located at company HQ in Aberdeen, offers a comprehensiv
Subsea 7 S.A. announced the award of the Fossekall-Dompap Marine Installation and Pipelay Contract with an approximate value of $180 million from Statoil, close to the Norne FPSO in the Norwegian Sea. The contract scope includes transport and installation of 2 of 4 slots Integrated Template Structur
The welding work on the Nord Stream Baltic Sea gas pipeline is to begin at a depth of 80 metres off Hanko… (hs) [mappress] Source: hs,May 05, 2011;
BMT Scientific Marine Services (BMT) has patented a strain measurement system and unique attachment scheme that can be integrated into the insulation and anti-corrosion layers on ultra deep water Steel Catenary Risers (SCRs). This technology was developed because production SCRs typically have thick
Nexans, a worldwide leading expert in the cable industry, has been awarded a 4.8 million euro contract by Norske Shell to supply the 6.5 km infield umbilical for the Ormen Lange North Field project. The Ormen Lange natural gas field on the Norwegian Continental Shelf started production in 2007. This
Nord Stream AG announces that all three sections of its first 1,224 kilometre gas pipeline through the Baltic Sea have now been laid and will be joined together underwater off the coast of Finland and Sweden in the summer. The new pipeline system will start transporting natural gas from Russia direc
A new vessel will be visible off the North Norfolk coast over the coming weeks as further work continues on the installation of the foundations for the Sheringham Shoal Offshore Wind Farm. The ‘Oleg Strashnov’ is a state-of-the-art crane vessel designed for heavy lifting operations, and its key feat
Schilling Robotics, LLC, experts in subsea systems, announced the official opening of their new North Sea Service and Support Centre in Aberdeen, Scotland. The support centre includes a parts warehouse with over $3 million of ROV and manipulator inventory, comprehensive workshop facilities, and prof
IHC Merwede has announced that is has acquired Hytech on 3 May 2011. This acquisition enables IHC Merwede to further secure its position in the offshore market. IHC Merwede designs and constructs dive support vessels suitable for activities to a depth of 300 metres. Hytech designs the on-board equip
Offshore Marine Management (OMM) has recently secured a contract with Fluor for the installation and subsequent trenching of 29 inter-array… (eeegr) [mappress] Source: eeegr ,May 03 , 2011;