Swiber Holdings Limited has made its first foray into the offshore oil and gas market in West Africa by securing an award from a Houston-based oil and gas company to provide Engineering, Procurement, Construction, Installation and Commissioning (EPCIC) services for an offshore field development proj
Aker Solutions has secured a contract from Daewoo Shipbuilding and Marine Engineering to provide engineering, construction and commissioning services for the hook-up phase of the Mariner oilfield development in the UK North Sea. The agreement is worth more than GBP 120 million. It comes in addition
Defence and security company Saab has received an order from the Swedish Defence Materiel Administration (FMV) to overhaul the Swedish Navy submarine HMS Södermanland. The order covers the period 2014-2016 and is valued at SEK121 million (USD 16 million). The order is part of the letter of intent re
Great Smoky Mountains National Park officials have announced that work has begun through the Tennessee Stream Mitigation Program to restore the lower 5,000 feet of Chilogate Creek near the Foothills Parkway and the confluence with Chilhowee Lake. The restoration work will return the stream to its or
Subsea World News has put together a recap of the most interesting articles from the previous week (December 08 – December 14). Statoil, Gassco and ExxonMobil have received consent to perform manned underwater operations between December 1, 2014 and November 30, 2015. Statoil has signed framework ag
Oslo-listed seismic contractor, SeaBird Exploration, has received a Memorandum of Agreement (MOA) from an unannounced company to acquire up to 45,000 km of 2D seismic data in North/South America region. The MOA provides for the company to charter one seismic vessel from SeaBird over a period of appr
Klaipedos Nafta concluded an agreement on assignment of claim rights and a maximum pledge agreement with Hoegh LNG Klaipėda.
Farstad Shipping ASA has been awarded a 5 year framework agreement by Technip Norge AS for delivery of ROV support operations, light construction work, IMR and other subsea related activities. The Agreement gives Technip the right to utilize the newbuild vessel up to 320 days per year, and to extend
Songa Trym, which was recently suspended from operations, is expected to resume operations on or about January 1, 2015.
Otto Energy has executed a deal with Nido Petroleum to sell Galoc Production Company (GPC), the holder of Otto’s 33% stake in the Galoc oil field, located in Service Contract 14 C1 offshore the Philippines. To remind, Otto Energy on September 22, 2014 said it had executed a sale and purchase agreeme
Norwegian geophysical company, Magseis has secured a letter of intent (LOI) from an undisclosed international oil company for seabed seismic acquisition in the UK sector of the North Sea. The project will be conducted using using the company’s proprietary MASS system and the Artemis Athene. Magseis
Antrim Energy Inc. has provided an update on its prospect inventory with respect to Frontier Exploration Licence 1/13 (FEL 1/13) which includes blocks 44/4, 44/5 (part), 44/9, 44/10, 44/14 and 44/15 (collectively the Skellig Block, Antrim 25% working interest) offshore Ireland. The prospect inventor
Emerging Markets Communications (EMC) announced that Ceona has selected the company to provide on-board communications solutions for its newest, field development asset, the Ceona Amazon. Christened on December 3rd, EMC delivered satellite connectivity services for the vessel’s main operations, incl
General Dynamics NASSCO and Braemar LNG signed a technology licensing agreement for Braemar to use NASSCO’s intellectual property in their design and construction of Flat-Panel, Semi-Membrane, Prismatic-Shaped LNG containment systems.
