Swedish defence and security company Saab is teaming up with Dutch shipbuilder Damen Shipyards Group to explore future opportunities in the international submarine market. The companies have signed an exclusive teaming agreement to work together in pursuit of the potential Walrus-class submarine rep
Petrolia’s subsidiary, Petrolia Norway AS, has announced that drilling of exploration well 26/10-1 in PL674BS, offshore Norway, has started. The well will investigate the hydrocarbon potential of the Zulu prospect in PL674BS, located 100 km west of Stavanger on the Norwegian west coast and approxima
Siem Offshore and Daya Materials Bhd. entered into an agreement in August 2014 for the sale of the two Offshore Subsea Construction Vessels (OSCVs) ”Siem Daya 1” and ”Siem Daya 2” at a total price of USD 282 million. Daya has paid a deposit of USD 1.4 million in aggregate on the vessels, and has [&h
Norway’s NLI Offshore & Marine Products received an order for 6 reels from Nexans for BP Shah Deniz stage 2 DEH batch 2. NLI designs reels especially suited for powercables, deepwater mooring, spiralstrand, flexible riser and umbilicals. NLI also delivered reels for phase 1 in 2013. The product of t
Rem Offshore ASA has entered into a charter agreement with DeepOcean AS for the OCV vessel “Rem Forza”. According to Rem Offshore, the charter agreement is for a duration of three years with another three yearly options. Rem Forza is a subsea construction vessel built by Kleven in 2008 that came int
Det norske oljeselskap ASA (Det norske) and partners of the PL 340 license have announced start-up of production from the Bøyla field located in the North Sea. With that, Bøyla is the fourth field in production in the Alvheim area. Total investments in the development of the Bøyla field amount to ap
Royal HaskoningDHV, international engineering and project management consultancy with over 130 years of experience, is taking part in the Room for the River program. Room for the River breaks with the traditional Dutch reliance on dike reinforcement in flood risk management. Instead, it seeks soluti
Golar LNG said that it has been awarded two time charters by Nigeria LNG to employ the recently delivered Golar Frost and Golar Crystal.
The joint venture agreement between Wärtsilä and China State Shipbuilding Corporation for the take-over of Wärtsilä’s 2-stroke engine business, which was revealed in July 2014, has been finalized.
The joint venture agreement between Wärtsilä and China State Shipbuilding Corporation for the take-over of Wärtsilä’s 2-stroke engine business, which was revealed in July 2014, has been finalized.
Subsea World News has put together a recap of the most interesting articles from the previous week (January 12 – January 18). GE Oil & Gas and McDermott International have launched io oil & gas consulting, a new independent venture to transform the development of front-end solutions for offshore fie
DEME has ordered two new vessels serving the offshore energy market. Contracts have been signed with shipyards La Naval in Spain and Uljanik in Croatia to build respectively the multipurpose vessel “LIVING STONE” and the self-propelled jack-up vessel “APOLLO”. Both vessels will be delivered in 2017.
Norwegian Petroleum Directorate has today issued a statement saying that high costs and weaker oil prices could drive necessary readjustments that will strengthen the petroleum industry over the long-term. Significant remaining resources on the Norwegian shelf provide a basis for continued value cre
Skangass said it has entered into a long-term agreement for the a new specialised bunker vessel, the Coralius which will offer greater flexibility by operating as a ship-to-ship bunker vessel, as well as a feeder.
