Project & Tenders
BMT supports Energean ops offshore Greece
BMT ARGOSS, a subsidiary of BMT Group, an international design, engineering and risk management consultancy, has recently completed an assessment of metocean conditions to support Energean’s Prinos and Epsilon oil field developments in the Gulf of Kavala, Greece. Located in the Prinos-Kavala basin,
Olympic Scores Deals for Four Vessels
Olympic Ship has secured contracts with undisclosed international contractors for its vessels Olympic Zeus and Olympic Hera, the company informed on Monday. The vessel M/V Olympic Zeus has been chartered for a period of up 9 weeks, including options. The vessel will be carrying out project work in W
Port Otago Completes First Stage of Harbor Deepening
Port Otago recently completed the first stage of its Next Generation harbor deepening program, reaching the initial target depth of 13.5 meters at low tide (or chart datum) for the shipping channel to Port Chalmers. This applies to both sandy material dredged by split hopper trailer suction dredger
Harkand Bags Apache Subsea Gig
Harkand has been selected to deliver installation work to support Apache with its existing drilling campaign in the Nevis South Field in the North Sea. The project will see Harkand provide project management and engineering services and deploy its personnel and one of its dive support vessels (the H
SeaBird in North West Europe Shoot
SeaBird has inked a new deal to carry out a pre-funded 2D multi-client survey in North West Europe during the upcoming summer season. According to Oslo-listed seismic data provider for oil and gas companies, the project is scheduled to start during the second quarter of 2016 and it’s expected to las
Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (February 22 – February 28). Offshore services player, Helix Energy Solutions, has plummeted into loss as it books some $503 million of non-cash pre-tax charges in the fourth quarter 2015. The company
Swiber Clinches South Asia EPIC Deal
Singapore-listed Swiber has secured a contract worth about US$100 million to provide engineering, procurement, installation and construction services for a National Oil Company (NOC) in South Asia. This latest project, which includes pipelines and subsea installation works, starts immediately and is
CT Offshore Completes Gode Wind Cabling
CT Offshore has finalised the installation of the last inter-array cable on DONG Energy’s Gode Wind 2+1 offshore wind farm in the German part of the North Sea. “The cable installation was successfully completed through good team work with the entire project team, including our clients DONG Energy. G
Songa Offshore returns to profit, doubles revenues
Songa Offshore, an international midwater drilling contractor, has returned to profit and doubled its revenues in the fourth quarter of 2015 when compared to the same period the year before. The drilling contractor came back from a loss of $51 million in the 4Q 2014 to a $34 million profit in the fo
Eni completes first appraisal well on Zohr discovery (Egypt)
Italian oil company Eni has completed the drilling of the Zohr 2X well, first appraisal well of Zohr discovery, in the Shorouk block, offshore Egypt. The well, drilled in the Shorouk block where Eni, through IEOC, holds a 100% share, is located 1.5 kilometers southeast from Zohr 1X and down-dip of i
Subsea 7 Grabs Egypt Contract
Subsea 7 has won a contract, worth over $750 million, from BP, and partner DEA (Deutsche Erdoel AG), for the development of the Giza, Fayoum and Raven subsea fields offshore Alexandria, Egypt. This is the second phase of the West Nile Delta project, where the field development will be at depths of u
GAS to Support Chirag Oil Project Off Azerbaijan
GAS Azerbaijan branch has been appointed to perform survey and positioning support activities for the Chirag Oil Project (COP) 2016, as part of the frame agreement awarded by Saipem for the provision of survey services in Azerbaijan until the end of 2017. The scope of work concerns the laying of 8.3
EMO Monitoring System for Cape Sharp Tidal Project
EMO Marine Technologies of Dartmouth, Nova Scotia has been awarded a contract with Open Hydro for the Cape Sharp Tidal project. OpenHydro, a DCNS company, has partnered with Emera to create the Cape Sharp Tidal project. The Cape Sharp Tidal project will deploy a fully connected 4MW tidal array of in
Premier expects first oil from Solan ‘shortly’
Premier Oil, an independent oil and gas company, is expecting first oil from the Solan development project, in the UK North Sea, shortly. In the company’s 2015 annual report on Thursday, Premier said that Solan project is nearing completion. The Solan development has been a challenging project for P