Subsea 7 has signed a contract to build a new Dive Support Vessel (DSV). The new vessel will be delivered in 2015. This state-of-the-art vessel will be built by Korean company Hyundai Heavy Industries (HHI), one of the world’s largest ship building companies. “The vessel will reinforce our leading d
Reef Subsea today announced that its subsidiary company. Reef Subsea Power and Umbilical Ltd., with offices in Stockton-on-Tees and Aberdeen, has successfully completed a contract with UK energy company Centrica Energy. The contract saw Reef Subsea Power & Umbilical assist with seabed excavation ser
Subsea 7 S.A. today announced the award of a $70 million contract for subsea construction services associated with pipeline replacements North East of Shetland. A key part of the project is the fabrication and installation of 27km of replacement pipeline, and associated tie-ins to the existing infra
DOF Subsea Group has secured multiple contract awards in Asia Pacific, the Mediterranean and in the Gulf of Mexico over the last couple of weeks, with a total contract value of about USD 50 million. In the Asia Pacific region DOF Subsea has secured several contracts for a four month campaign offshor
ViaLogy PLC announces it has initiated work on a North Sea project for one of the largest geosciences companies. In developed fields such as the North Sea the challenge of locating additional deposits is a well-known impediment to continued economic production. Yet exploitable reserves remain if the
FMC Technologies, Inc. announced today that it has received an order from Statoil for additional subsea equipment for the Tyrihans field. The order has an estimated value of $39 million in revenue. This order covers the supply of two subsea trees and three choke modules. The equipment is scheduled f
The South Stream Transport Board of Directors which includes representatives from Gazprom, Eni, EDF and BASF yesterday in Milan, Italy discussed the key issues of the South Stream project and adopted the final investment decision for the offshore gas pipeline section. The financial details of the FI
Subsea 7 S.A. today announced the award of a subsea, umbilical, riser and flowline (SURF) contract valued at approximately $800 million from Total E&P Norge AS for the development of the gas field Martin Linge, located 180 km west of Bergen in the North Sea. The contract comprises engineering, procu
Geospace Technologies Corporation has received and signed a Letter of Award from Statoil awarding Geospace Engineering Resources International the contract to provide 660 kilometers of seabed seismic reservoir monitoring systems for the Snorre and Grane fields on the Norwegian continental shelf. The
Jeppesen has finalized a contract to provide its advanced optimization solutions to BP Shipping, one of the world’s largest operators of oil and liquid natural gas (LNG) tankers. The contract will result in the installation of Jeppesen’s Vessel and Voyage Optimization Solution (VVOS) on 52 BP vessel
Offshore handling systems specialist, Caley Ocean Systems, has been awarded a contract to supply leading dredging and marine engineering company, Jan de Nul NV, with a 5,400Te capacity cable turntable for the MPV Willem De Vlamingh. Mid 2013, Jan de Nul is installing 245kV export cable connecting th
Anchor Contracting, owned by Inocean, has delivered a complete Mid Water Arch (MWA) system to its customer NOV Flexibles (previous NKT Flexibles). The MWA will be a part of a FPSO set-up contracted by Indian state owned Oil and Natural Gas Corp (ONGC) and the Malaysian operator Bumi Armada for the D
Antrim today announced a Heads of Terms agreement has been signed with Hummingbird Production Limited, a subsidiary of Teekay Corporation, for an option to lease the “Hummingbird Spirit” Floating Production, Storage and Offloading vessel (“FPSO”) for the development of the Fyne Field in UKCS Central
TTS Group ASA has through its subsidiary signed a contracts with a total value of approximately 40 MNOK (USD 7 million) in Norway. The contract is through the TTS subsidiary TTS Offshore Handling Equipment AS in Bergen, Norway. The contract is with Kleven Verft AS in Norway and concerns the delivery