Project & Tenders
BP sanctions Atoll gas field development (Egypt)
British oil major BP has made a final investment decision for the development of its Atoll discovery in Egypt. The company has sanctioned a ‘fast-track’ development of the gas discovery located in the Mediterranean Sea. The project, which is an early production scheme, will bring up to 300 million c
DOF Subsea and Technip Win Petrobras Contract
DOF Subsea and Technip joint venture has secured a contract with Brazilian oil major Petrobras for the vessel Skandi Niterói. The Skandi Niteroi is designed for pipelay, subsea construction, installation and maintenance work and can operate in up to 2,300 meters water depths. According DOF, the cont
Phase III of the Cocoa Beach 200 Channel Dredge Project Underway
Works on the phase III of the Cocoa Beach 200 Channel Dredge Project are underway, according to the city officials. The phase one of the project included engineering and permitting. Phase two was the clearing and redevelopment of the designated spoil island in the North Thousand Islands near the 200
Saipem, Novatek to cooperate on LNG
Italian LNG engineer Saipem signed an LNG partnership and cooperation agreement with Novatek, the developer of the Yamal liquefied natural gas project in Russia.
Gazprom to push LNG use in Bolivia
Gazprom on Friday signed an agreement with the Bolivian ministry of hydrocarbons and energy and YPFB on broadening cooperation including the advocation of LNG use.
Quadrant kicks off Outtrim East-1 well drilling (Australia)
Australian oil and gas exploration company Quadrant Energy started drilling the Outtrim East-1 well, offshore Australia, on June 18, 2016. The Outtrim East-1 well is located within the WA-155-P(1) exploration permit in the North West Shelf of Australia where Quadrant is the operator with 71.5%, and
New Rosneft deal for Leonardo-Finmeccanica’s helicopters
Italian helicopter company Leonardo-Finmeccanica, Russian Helicopters and Rusian oil giant, Rosneft, have signed an agreement for the future sale of additional twenty AgustaWestland AW 189 commercial helicopters to Rosneft subsidiary, RN-Aircraft. Leonardo-Finmeccanica said on Friday that RN-Aircraf
Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (June 13 – June 19). Ezra Holdings, Chiyoda Corporation and Nippon Yusen Kabushiki Kaisha (NYK) have entered into a binding agreement for NYK to invest in EMAS CHIYODA Subsea (ECS), which is currently
Hilong to Install MDA-MBH Fields Jackets Off Indonesia
Hilong Petroleum Offshore Engineering has won a contract from TIMAS to provide a “Hilong 106”pipe-laying derrick barge to install jackets for the HCML Madura MDA – MBH offshore gas field development project jointly funded by China National Offshore Oil Corporation and Husky. This is Hilong’s first o
EA Delegation Tours Team Van Oord’s Flood Alleviation Scheme
A delegation of senior managers from the Environment Agency last week enjoyed an ‘informative’ site visit to a flood alleviation scheme being delivered by Team Van Oord. The EA party, which included the Agency’s new Chief Executive, Sir James Bevan, visited the site, near Pease Pottage on Tuesday, 7
Gallery: Heerema cuts first steel for Oseberg Vestflanken 2 platform
Heerema Fabrication Group (HFG), the Netherlands-based manufacturer of large structures for the oil and gas industry, has held a steel-cutting ceremony for Statoil’s unmanned wellhead platform (UWP) for the Oseberg Vestflanken 2 development, offshore Norway. The company said on Thursday via social m
SCF secures financing for first Arctic LNG carrier
Sovcomflot has on Friday signed a US$260 million 13-year loan agreement with VTB Bank to finance the construction of its Arctic LNG tanker for the Yamal LNG project.
Comment Period for Roberts Bank Terminal 2 Project
The Review Panel for the Roberts Bank Terminal 2 Project yesterday announced the start of a comment period on the Environmental Impact Statement (EIS) and the Marine Shipping Addendum submitted by the Vancouver Fraser Port Authority. Interested parties are invited to provide comments on these and ot
Otto gets approval for two-year moratorium in Palawan Basin
Otto Energy has received approval from the Philippines Department of Energy for a two-year moratorium, until December 23, 2017, on required work activity under Service Contract 55 (SC 55), offshore Palawan Basin in the Philippines. Otto Energy informed in January 2016 of its plans to exit the Block