Electromagnetic Geoservices ASA (EMGS) has entered into a data licensing agreement with an international oil company worth USD 1.8 million for the provision of 3D EM data from a portion of the EMGS’ multi-client data library in Foz do Amazonas in Brazil. According to EMGS, the data will be delivered
A £1.8 million worth dredging project to replenish the storm damaged beach between Shore Road & Branksome beach has been completed. Works on the project started on Monday, 3rd November, with delivery of pipes for the sinkerline, to be welded on the beach. Sand pumping operation started on 19th Novem
Swedish oil company Lundin Petroleum has announced that first oil from the Brynhild field in the North Sea has started flowing. The Brynhild field started production on December 25, 2014. The Brynhild field, located on PL148 in the Norwegian sector of the North Sea, is a subsea tie-back to the Pierc
Siem Offshore and N-Sea Offshore Ltd have entered into a charter agreement for the Offshore Subsea Construction Vessel ‘Siem N-Sea’ (ex. Siem Stork ). The Siem Stork is a 93.6 meters in overall length diesel electric driven vessel with low fuel consumption for reduced emission to the environment. It
Subsea World News has put together a recap of the most interesting articles from the previous week (December 22 – December 28). Royal IHC launched Subsea 7’s latest pipelay vessel SEVEN SUN, on friday 19th december 2014 at its shipyard in Kinderdijk, the Netherlands. Seven Sun is the third of four v
Egypt Against Time to Finish New Suez Canal “We are in a race against time to finish the new Suez Canal Project,” Chairman of the Suez Canal Authority Mohab Mamish said on Tuesday. Nicaragua Launches New Canal Project Nicaraguan officials and the Hong Kong Nicaragua Canal Development […]
Veresen formed Veresen Midstream with KKR and agreed to undertake up to $5 billion of new midstream expansion for Encana and CRP.
Government of Nicaragua, the Grand Canal Commission and HKND group jointly held the commencement ceremony for the Grand Canal of Nicaragua at the House of the People in the capital city of Managua on December 22, 2014. President of Nicaragua, Mr. Daniel Ortega and Mr. Wang Jing, Chairman and CEO of
Ceona Amazon, flagship of London-based Ceona, is now at the Huisman Schiedam quayside in The Netherlands. The vessel arrived at the Huisman yard after being officially christened in Germany at the beginning of December. It will now be equipped with a 570 tonne multi-lay pipe tower and two heavy duty
Gazprom Marketing & Trading signed an LNG sale and purchase agreement with Pacific Rubiales.
MOL signed a long-term deal for transportation of liquefied ethane from USA to India.
The Managing Director of the Ports and Maritime Organization (PMO) of Iran has announced the designation of Mellat Bank that will finance China for the expansion of Phase II of Shahid Rajaee Port, and a credit for this project from the Iranian Government, stating that investments in Phase III of thi
The editors of Subsea World News have selected contracts that exemplify best-in-class among those that were signed during this year. Subsea World News’ Top Contracts in 2014 were selected on the basis of best awarded jobs and different companies involved in some of the biggest signings this year.
MOL signed a 20-year charter deal with Tokyo Gas unit Tokyo LNG Tanker for a 165,000 cbm newbuild.
