Project & Tenders
Lukoil’s Caspian fields hit output milestone
Lukoil, Russia’s largest privately-held oil company, has reached a milestone of nine million tonnes of oil produced at the Vladimir Filanovsky and Yuri Korchagin fields in the Caspian Sea. The company said on Monday that “the most significant gain” in its offshore production was observed since the b
Grays Harbor Dredging Project Postponed to April 10
The U.S. Army Corps of Engineers, Seattle District, has just announced new start date for the Grays Harbor dredging project. According to the Corps, the project – originally scheduled to start this weekend – is now postponed for April 10. Working around-the-clock through April, the Corps vessel Yaqu
BP Confirms Sale of Forties Pipeline to Ineos
BP has agreed to sell its Forties Pipeline System (FPS) business, with assets including the main Forties offshore and onshore pipelines and other associated pipeline interests and facilities, to Ineos. The company entered into discussions with Ineos regarding a potential sale of the FPS in March thi
Plexus Secures First Russian Order
Plexus has received first purchase order for its Tersus – TRT mudline suspension system (MLS) from Gusar, the company’s partner in Russia. The purchase order falls under the exclusive licence agreement Plexus signed in January 2016 with Gusar and Konar, two independent Russian oil and gas equipment
Boskalis Wins Jawaharlal Nehru Port Dredging Contract
Royal Boskalis Westminster N.V. (Boskalis) in joint venture with Jan De Nul has acquired a contract with port operator Jawaharlal Nehru Port Trust for the deepening and widening of the access channel towards Jawaharlal Nehru Port in Mumbai, India. The contract carries a value of approximately EUR 25
Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (March 27 – April 02). Norwegian oilfield services player Aker Solutions has reduced its workforce by some 4,800 since 2014. According to the company’s latest corporate responsibility report, total sta
Dover Western Docks Revival Project Gathers Momentum
A new marine safety exclusion zone has been established in the harbor as the Dover Western Docks Revival (DWDR) marine civil engineering project gathers momentum, reports the Port of Dover. The safety zone will provide a marked delineation between the dedicated swim and leisure zone and the marine c
Bronze Award for Rossall Sea Defences
Wyre Council, Balfour Beatty and the Environment Agency have been awarded a Bronze Award at the Considerate Constructors Scheme awards, in recognition of work to build new sea defenses at Rossall. The annual national awards recognize sites that have raised the bar for considerate construction. Wyre
Pavilion Energy, Petronas join forces in LNG trading
Singapore-based Pavilion Energy, a Temasek company, signed a deal with Malaysian state-owned Petronas to collaborate in the liquefied natural gas (LNG) business. Under the memorandum of understanding signed on March 30, Pavilion Gas and Petronas LNG, both units of the two companies, will collaborate
Exeter Flood Defense Scheme Takes Summer Break
Construction work on the Exeter flood defense scheme has reached another key milestone as work around the Quay area of the city is halted to avoid disruption to visitors and businesses over the summer. The Environment Agency announced today that the work on the Quay will resume from October 2017. Ac
Hummer production set to start in late 3Q
First production from the Castex Energy-operated Hummer project in the U.S. Gulf of Mexico is expected in late third quarter of 2017. The Hummer gas/oil field extends over Main Pass Blocks 270, 273 and 274, in the Gulf of Mexico, offshore Louisiana, U.S.A. Petsec Energy, a partner in the project, in
Sustainable Maintenance Dredging Plan for Cowes
Cowes Harbor Commission (CHC) is working on a ‘Sustainable Maintenance Dredging Management Plan’, which will be suitable for, and involve all dredging stakeholders in the harbor. According to CHC, the main aim is to develop the plan by the end of the year. All dredging stakeholders will be invited t
Duval County Beach Project Kicks Off Next Week
Duval County beach nourishment project will reinitiate next week, according to the U.S. Army Corps of Engineers, Jacksonville District. The goal of the project is to restore protection features prior to the start of hurricane season, June 1. The additional dune-work, funded by the City of Jacksonvil
Nido spuds Galoc well
Nido Petroleum has started drilling operations at the Galoc-7 appraisal well offshore The Philippines. The company is using the Deepsea Metro I drillship for the well located in Block C1 of Service Contract 14. According a recent statement by Odfjell, the Deepsea Metro I has been contracted for one