Project & Tenders
Prysmian Lands USD 140 Mln Interconnection Deal in China
Prysmian has been awarded a contract by Hainan Second Cross-Sea Interconnection Tie Project Management worth more than $140 million for the design, supply, installation, and commissioning of a submarine power cable link for the second interconnection between Hainan island and China mainland. “We are
DeepOcean Bags Race Bank Cable Work
A contract for the provision of cable installation and trenching work for DONG Energy’s Race Bank offshore wind farm has been awarded to DeepOcean 1 UK Ltd, a subsidiary of DeepOcean Group. Offshore work will be undertaken in 2016/2017 with DeepOcean’s in-house fleet of dedicated cable installation
ORN to Dredge Part of GIWW
Orion Marine Group has just won a $5.86 million maintenance dredging contract for work in the Texas Gulf Intracoastal Waterway (GIWW), Corpus Christi Ship Channel to Port Isabel and for work at the entrance to the Port Isabel Small Boat Harbor. “The GIWW is an essential component of the nation’s nav
South Pars phases 15, 16 set for launch in November
Iran is planning to officially launch phases 15 and 16 of the large South Pars gas field in early November. Roknoddin Javadi, the deputy oil minister and managing director of the National Iranian Gas Company (NIGC), said his company was trying to bring part of the South Pars phases 19 to 21 on-strea
Lundin in small gas discovery offshore Malaysia
Lundin Petroleum, independent oil and gas exploration and production company, has made a small gas discovery with the Mengkuang-1 exploration well in license PM307, offshore Malaysia. Lundin started drilling the well at the start of October. The well targeted hydrocarbons in Miocene aged sands 75 km
Hibiscus starts drilling at Sea Lion prospect (Australia)
Hibiscus Petroleum has started drilling operations at its Sea Lion-1 exploration well, offshore Victoria, Australia. The company spudded the well on Monday on October 26, 2015. Hibiscus took over the West Telesto jack-up rig on October 20, 2015. The rig arrived at the Sea Lion site two days later, f
Marine Harvest Norway Hires KB Dykk for Diving Gig
Norway’s KB Dykk, a subsidiary of NTS ASA, has secured a deal with Marine Harvest Norway for the lease of service vessels and provision of diving services in the North Region. With this agreement, which starts on March 1, 2016 and runs until January 1, 2020, KB Dykk has secured a long-term employmen
Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (October 19 – October 25). Boskalis Subsea Services has opened an office in Aberdeen dedicated to focus on growing business in the UK sector in the offshore and renewable industry. The office is also b
PGS Takes USD 110 Mln Loss
Oslo-listed seismic player, Petroleum Geo-Services (PGS), has posted net loss of $110 million for the third quarter of 2015, compared with $8.4 million profit in the corresponding period in 2014. In the third quarter of 2015, the company recorded revenues of $225.7 million (out of which $120.4 milli
EIVA, Marine ONE Ink Representative Agreement
EIVA and Italian Marine ONE signed a representative agreement to include EIVA hardware and software solutions for offshore construction and subsea surveying operations in Marine One product portfolio. Last week, EIVA announced that the Brazilian company MACSEA had joined the network of EIVA represen
Ezra Posts Q4 Loss and 3 Pct Decline in Full-Year Profit
Singapore-listed offshore O&G contractor, Ezra, has plunged into the red in its fourth quarter, due to losses from discontinued operations, comprising its subsea division EMAS AMC entities and also recorded a slight full-year profit drop of 3 per cent. For the fourth quarter of 2015 (4Q2015) ending
Dolphin Returns Two Seismic Vessels to Sanco
Dolphin, a provider of marine seismic services, has received a Notice of Time Charter termination for the two vessels Sanco Swift and Sanco Sword. The new operator of these vessels will be another seismic player-PGS. The company announced today that it has entered into charter agreements leading to
GE awarded USD 610 mln service deal for Cheniere’s Corpus Christi LNG project
GE Oil & Gas has signed a $610 million agreement with Cheniere Energy to provide services to the company’s Corpus Christi liquefaction project in Texas.
Additional Support for LIS DMMP
Congressman Joe Courtney has released the following statement on the U.S. Navy and Electric Boat joining the broad coalition of supporters in Connecticut, including the state’s congressional delegation, of the U.S. Army Corps of Engineers Long Island Sound Dredged Material Management Plan (LIS DMMP)