Ofgem E-Serve has announced the six bidders which have successfully qualified to compete for the high-voltage transmission link for the West of Duddon Sands offshore wind farm. Ultimately the winning bidder will own and operate the link for the next 20 years. Today’s announcement sets out the longli
Rocksource ASA has received consent to carry out exploration drilling of well 26/5-1 with the Borgland Dolphin semi submersible drilling rig. Well 26/5-1 will be drilled in production licence 506 S in the North Sea. Rocksource is the operator, and Petoro, Petrolia Norway and Valiant are the other li
DeepOcean AS (“DeepOcean”), a subsidiary of DeepOcean Group, has been awarded the single largest contract in the history of the company since it was founded in 1999. The contract is for a firm period of 5 years starting in the first quarter of 2014 with options for another 3 years and covers subsea
Effective January 2013, RS Aqua announced the signing of an agreement to represent Kiel based SubCtech GmbH, the German manufacturer of the “PowerPack” and “OceanPack” ranges. The contract appoints RS Aqua as sales and support providers in the UK and Ireland. With more than 25 years scientific and i
Statoil has awarded Marubeni Itochu/JFE contracts for fabricating linepipe for the Polarled pipeline, Wasco for applying coating, and Allsea for pipelaying. The coating contract include the establishement of a new production base in Mo i Rana, Northern Norway. Estimated contract value for the three
The Investcorp Gulf Opportunity Fund – along with other affiliates of Investcorp, a leading provider and manager of alternative investment products, announced today that they have agreed to acquire a controlling stake in Hydrasun, an international provider of fluid control equipment and solutions fo
Hotchya Marine Design signed a contract with the Ministry of Industry and Trade for the development of the initial design requirements and the conceptual design of Mezhdunarodny, a large research vessel intended for fish stock assessment research in the global ocean. In accordance with the design re
Top News of The Week Feb 11 – 16, 2013
Det norske oljeselskap ASA has awarded Saipem the contract for supply of the steel jacket for the Ivar Aasen platform. The contract is worth NOK 709 million. The steel jacket will be constructed in Arbatax, located on Sardinia. The height of the jacket, to be installed at a water depth of 112 meters
AKD Engineering limited, the global engineering and fabrication services provider to announces its 3 year strategic framework agreement with Aker Subsea and its 2013 strategy update which details the company’s strategic highlights in the areas of markets, products, strategic resource alignment and f
Top Welsh 100 companies Harris Pye Group and Cyrus-RW Group announced this week that they have formed an alliance to co-operate on engineering projects throughout the world. Cyrus and Harris Pye will work together to secure and fulfil marine, offshore and power contracts, from large steel installati
Havila Shipping ASA has entered into a long term charter contract with Deepocean for the 2009 built Subsea vessel Havila Phoenix. The contract is for a firm period of 7 years with 4 optional periods each of 1 year. Commencement is Q1 2014. The contract includes an agreement about some reconstruction
STX OSV Holdings Limited (“STX OSV”), one of the major global designers and shipbuilders of offshore and specialized vessels, announces that it has secured a new contract for the design and construction of one Offshore Subsea Construction Vessel (“OSCV”) for DOF Subsea. The vessel will be of OSCV 12
STX OSV Holdings Limited (“STX OSV”), one of the major global designers and shipbuilders of offshore and specialized vessels, announces that it has secured a new contract for the design and construction of one Offshore Subsea Construction Vessel (“OSCV”) for Farstad Shipping (“Farstad”). This newbui
