Earlier this year, Sepro Technology has secured a contract with French engineering group Techinp for the delivery of two of its ORS18 MK IV Overhead Rail Systems. The ORS systems are designed to handle all type of work class ROV’s for operational depths down to 3500 meters. Sepro Overhead Rails Syst
Oslo-listed provider of floating production services to the oil and gas industry, BW Offshore, has received a one year contract extension for the lease and operation of the FPSO Umuroa. The FPSO is operating on the Umuroa field offshore New Zealand for the Australian based oil and gas exploration an
Lundin Norway AS, operator of production licence 555, has completed drilling of wildcat well 33/2-1, located in the North Sea. The well is dry. The well investigated the hydrocarbon potential of the Storm prospect, which is located 200 km northwest of Florø on the Norwegian west coast and 65 km nort
Aker Solutions said its employees bought shares for about NOK 95 million ($12.8 million) as part of annual programs for staff and managers. The company for the sixth consecutive year held share purchase programs (ESPPs) to encourage employee ownership. A total of 2,332 employees, or 17 percent of el
Exmar of Belgium ordered a second FLNG at Wison Offshore & Marine.
GasLog signed an agreement with Bg Group’s unit Methane Services to acquire two LNG carriers for $460 million.
Sub-Atlantic has secured three international contracts with a combined value of over £3.5 million for the manufacture of three specialist remotely operated vehicles (ROVs). The firm will provide IKM Subsea in Norway, Italy’s Globe Exploration and Total Marine Technology of Australia with observation
Wärtsilä’s dual-fuel engines have been ordered for the Gotland’s LNG-powered RoPax ferry.
Lundin has received consent from the Petroleum Safety Authority (PSA) Norway to carry out exploration drilling of well 16/4-9 S, located in the North Sea. Lundin Norway AS (Lundin) is the operator for production licence PL 359 in blocks 16/1 and 16/4 in the central North Sea. The area is around 200
Subsea World News has put together a recap of the most interesting articles from the previous week (December 15 – December 21). The UK-based oil services company Subsea 7 is reported to be letting go almost 150 employees in Norway. According to the latest reports, the company revealed that its Norwa
Royal Boskalis Westminster N.V. (Boskalis) in partnership with Volker Stevin International (VolkerWessels) have been awarded a contract by Iberdrola Renewables Offshore Deutschland GmbH for the partial construction of the Wikinger Offshore Wind Farm in German section of the Baltic Sea. The work comp
Norway’s Rem Offshore ASA has informed that the delivery of the Offshore Construction Vessel (OCV) the company ordered at Vard in June has been delayed for a year. The two companies signed the contract in June 2014 according to which the vessel would be delivered in the Q1 2016. However, Rem Offshor
Norwegian Energy Company (Noreco) has informed that a temporary approval has been granted to resume production at reduced rate at the Huntington field, in the UK North Sea, and that the field is now on stream. Offshore Energy Today previously reported that production from Huntington field was delaye
The Petroleum Safety Authority Norway (PSA) has turned down an application from BP Norge AS for consent to extend the operating life of the quarters platform (QP) on the Valhall field. BP currently has permission to use Valhall QP for accommodation until December 31, 2014, and it has applied to the
