In connection with the development of the world’s first seabed gas compression facility on the Åsgard field, Technip Norway has been awarded the contract for the marine operations of the project. The contract is valued at NOK 1,2 billion. Åsgard seabed gas compression is expected to increase recover
Viking Line Abp has signed an agreement with AGA Gas AB on supplying liquefied natural gas (LNG) for Viking Line’s new passenger ferry, whose environmental profile symbolizes a new era in the shipping industry. “Viking Line’s and AGA’s investment in LNG represents major environmental advantages comp
Bank of London and The Middle East plc (BLME), the largest Islamic bank in Europe, has announced that it signed a £14 million leasing deal with Global Marine Systems Ltd., the largest independent provider of submarine cable installation, maintenance and engineering services worldwide. Under the term
SSE and Shell Energy Europe have agreed a 10-year gas supply agreement of 790mcm (292 Mth) per annum, commencing in 2015. This represents approximately 5% of SSE’s forecast typical annual gas requirements. The gas will be supplied as a firm delivery of 800,000 th/day, at a price linked to prevailing
Alderney Renewable Energy (ARE), the tidal energy developer, has signed agreements for two major projects aimed at creating one of the most significant tidal power sites in Europe. The first agreement is with the French industrial group DCNS for the development of tidal arrays in Alderney’s waters.
Wärtsilä, the marine industry’s leading gas solutions provider, said it has been awarded a contract to deliver an integrated propulsion system for two additional LNG offshore support vessels (OSV) to Harvey Gulf International Marine. This order takes Harvey Gulf to a fleet of four LNG OSVs on order,
The multi-component seismic company Reservoir Exploration Technology ASA (RXT) has received a contract award from an international oil company for an Ocean Bottom Cable survey offshore Norway. The total survey duration is expected to be 116 days and the estimated contract value is $24.5m. The survey
Angus Council requires tenders for a bathymetric survey to be undertaken in Montrose Bay, United Kingdom. The survey is part of phase 3 of the Montrose Beach Environmental Development Plan, which has been undertaken to assess the impact of coastal processes and erosion in Montrose Bay. At present, m
N-Seatec has been awarded an order for delivery of a complete HD Camera system. The Bowtech Surveyor HD Camera will be mounted on a Workclass ROV for inspection purposes and will have HDSDI output and delivered complete with cabling and interfacing. N-Seatec is the exclusive representative and distr
FES International, a global provider of fluid transfer systems, has announced the completion of the first phase of a major new project with Saipem Drilling, in which it supplied a range of products, enabling fluid flushing and pressure testing to support the delivery of the Nord Stream consumer gas
The Belgian Navy has added to its fleet of Autonomous Underwater Vehicles (AUVs) from Hydroid, Inc., a subsidiary of Kongsberg Maritime and the leading manufacturer of AUVs. Two new REMUS 100 AUVs will enable the Belgian Navy to detect underwater mines, improvised explosive devices and other undeton
Aker Solutions has been awarded a contract by Statoil to deliver six subsea trees and a tool package for Troll on the Norwegian continental shelf. Estimated contract value is NOK 350 million. Scope of work includes six subsea trees, with a possible option for nine further subsea trees, including con
Prysmian Group, world leader in the energy and telecom cables and systems industry, has been awarded a record contract worth approximately 800 million Euro, the highest value ever awarded in the cable business, for the development of Western HVDC Link, a new submarine High Voltage Direct Current (HV
Subsea 7 S.A. announced the award of a SURF contract valued at approximately $80 million from Statoil on Svalin C Field, situated in the central part of the North Sea, six kilometres southwest of the Grane Field. The contract scope includes the transport and installation of a 4 slot Integrated Templ