Royal Boskalis Westminster N.V. (Boskalis) and Royal Volker Wessels Stevin N.V. (VolkerWessels) have combined their forces in the field of offshore cable installation by establishing a 50/50 joint venture. The joint venture creates a strong party combining know-how and equipment allowing it to respo
South Stream Transport has published the Bulgarian Environmental Impact Assessment (EIA) Report. The EIA Report contains the findings of the environmental studies for the construction and operation of the Bulgarian Sector of the South Stream Offshore Pipeline, and concludes that the environment will
Offshore mooring rope specialist, Lankhorst Ropes has been awarded a contract by NOV Flexibles, Denmark, to supply Lankoforce riser tethers for the Knarr field development, located in 410m of water in the North Tampen region of the Norwegian Sector of the Northern North Sea. The riser tethers will b
MacGregor, part of Cargotec, has won a contract to deliver a 250-tonne SWL active heave-compensated (AHC) subsea crane for the 120m construction vessel, Island Intervention. The crane was ordered by Marine Procurement Ltd, part of the US company Edison Chouest Offshore. An existing vessel operated b
The Norwegian Petroleum Directorate (NPD) and the oil companies in the Diskos group have awarded contracts for software and operation of the Diskos databases to CGG. The contracts apply for the period 2015 to 2020. The contract award is a result of a comprehensive public procurement process, in whic
The subsea service company Reef Subsea has exercised its option to extend the charter party for the subsea vessel “Polar King” with nine months. This extends the current contract until February 2015. Reef Subsea has an option of extending the contract for another 15 months. “Polar King” has been on
Bumi Armada Berhad announced today that EnQuest Heather Limited together with EnQuest ENS Limited, First Oil and Gas Limited, Nautical Petroleum Limited and Nautical Petroleum AG have via a Letter of Interim Agreement (“LOIA”), confirmed their intention to award a contract for the supply and operati
OGN Group, the North East-England offshore engineering, procurement and construction (EPC) specialist, has secured a multi-million pound contract with independent UK oil and gas development and production company EnQuest, which will lead to the creation of 600 new project jobs at its Tyneside facili
The Gazprom Management Committee took note of the information concerning the progress with the South Stream gas pipeline construction. It was pointed out that the project was advancing steadily. Intensive efforts are being made in all of the countries to be crossed by the gas pipeline. For instance,
Statoil has made a call-off for the framework contract Technip has with Statoil for diving services. The work will be performed in connection with the future Edvard Grieg Oil Pipeline as well as Utsira high gas pipeline. The project will help connect the oil pipeline from the Edvard Grieg platform t
Havyard Ship Invest AS (“Havyard”) has on 14 November 2013 agreed with Forland Subsea AS (“Forland”) to acquire a 25 % stake in the shipowning company for Forland’s new subsea construction vessel, Lewek Inspector. The vessel is scheduled for delivery from Havyard on 14 November 2013 and will immedia
The DOF Subsea Group has been awarded contracts with a total value of USD 800 million, including options. DOF Subsea has, through its subsidiary DOF Subsea Chartering AS, entered into a time charter agreement with Technip for the newbuild VARD 800. The time charter contract starts when the vessel is
Petroleum Geo-Services (PGS) has completed the first ever full-scale simultaneous acquisition of towed streamer EM and 2D GeoStreamer® seismic. The first datasets for this MultiClient acquisition will be available late Q2 2014. The program, which was undertaken with industry support, consisted of ap
Faroe Petroleum, the independent oil and gas company, announces that it has acquired the remaining 50 per cent interest in the Lowlander oil discovery in the UK Central North Sea, such that the Company will own the entire 100 per cent interest in the undeveloped oil field. The Company has entered in
