Malaysian group Tanjung Offshore Berhad and Bourbon Far East Pte Ltd have jointly agreed to terminate exclusive discussions initiated in spring 2014. In June this year, the companies entered into exclusive discussions for the sale of 51% ownership of nine BOURBON Offshore Support Vessels operating i
Electromagnetic Geoservices ASA (EMGS) has entered into a data licensing agreement with an international oil company worth USD 1.8 million for the provision of 3D EM data from a portion of the EMGS’ multi-client data library in Foz do Amazonas in Brazil. According to EMGS, the data will be delivered
A £1.8 million worth dredging project to replenish the storm damaged beach between Shore Road & Branksome beach has been completed. Works on the project started on Monday, 3rd November, with delivery of pipes for the sinkerline, to be welded on the beach. Sand pumping operation started on 19th Novem
Swedish oil company Lundin Petroleum has announced that first oil from the Brynhild field in the North Sea has started flowing. The Brynhild field started production on December 25, 2014. The Brynhild field, located on PL148 in the Norwegian sector of the North Sea, is a subsea tie-back to the Pierc
Siem Offshore and N-Sea Offshore Ltd have entered into a charter agreement for the Offshore Subsea Construction Vessel ‘Siem N-Sea’ (ex. Siem Stork ). The Siem Stork is a 93.6 meters in overall length diesel electric driven vessel with low fuel consumption for reduced emission to the environment. It
Subsea World News has put together a recap of the most interesting articles from the previous week (December 22 – December 28). Royal IHC launched Subsea 7’s latest pipelay vessel SEVEN SUN, on friday 19th december 2014 at its shipyard in Kinderdijk, the Netherlands. Seven Sun is the third of four v
Egypt Against Time to Finish New Suez Canal “We are in a race against time to finish the new Suez Canal Project,” Chairman of the Suez Canal Authority Mohab Mamish said on Tuesday. Nicaragua Launches New Canal Project Nicaraguan officials and the Hong Kong Nicaragua Canal Development […]
Ceona Amazon, flagship of London-based Ceona, is now at the Huisman Schiedam quayside in The Netherlands. The vessel arrived at the Huisman yard after being officially christened in Germany at the beginning of December. It will now be equipped with a 570 tonne multi-lay pipe tower and two heavy duty
Gazprom Marketing & Trading signed an LNG sale and purchase agreement with Pacific Rubiales.
The editors of Subsea World News have selected contracts that exemplify best-in-class among those that were signed during this year. Subsea World News’ Top Contracts in 2014 were selected on the basis of best awarded jobs and different companies involved in some of the biggest signings this year.
Today, we are bringing you videos our readers watched the most on Offshore Energy Today during the course of 2014. Enjoy! 1. VIDEO: World’s largest semi-submersible taking shape With topside dimensions of 150 metres by 110 metres, the Ichthys offshore processing facility will be the world’s larges
The amount of dredged material removed in 2014 during works on St. Petersburg’s Bronka harbor project has passed the 15 million m³ mark. According to a report from project investor Phoenix LLC, general contractor for the project Royal Boskalis Westminster N.V., who is working on the main access cana
OSM Brasil has won prestigious contract with Petrobras, in partnership with AKOFS Offshore, part of Akastor ASA. Petrobras has chartered the Aker Wayfarer for a minimum of five years as a Subsea Equipment Support Vessel. OSM Brasil will be responsible for Aker Wayfarer marine operations in Brazilian
The Environment Agency will next April receive two new vessels that will aid the navigation team on the Medway in their annual dredging & channel maintenance program. New tug and dredger barge, being built for the Agency, are based on an original Canal and River Trust design. The design detailing wa