Statoil has, with its partners in the Snorre offshore field, decided to adjust the schedule for the ongoing Snorre 2040 project by postponing the planned date for the second decision gate (DG2) from March 2015 to October 2015. Statoil said that there is no change in the timing of the final investmen
The 73 m-long trailing suction hopper dredger “Sospan Dau” has been involved in the Chichester Bar dredging operations since November 28th. The vessel worked day and night during the period, sucking up gravel from the sea bed and placing the dredged material onto the seafront at Hayling Island. Laye
SBM Offshore has entered into an agreement to sell the DSCV SBM Installer, a Diving Support and Construction Vessel (DSCV), to OS Installer AS for US$150 million in cash. OS Installer AS is a newly established joint venture between Ocean Yield ASA (75%) and SBM Offshore (25%). Both parties have sign
Statoil, on behalf of Wintershall, has signed a contract with Nexans for the supply of Direct Electrical Heating (DEH) technology. The DEH riser will connect the Kristin and Maria fields in the Norwegian Sea with the Kristin platform, ensuring the constant flow through pipelines. The delivery, worth
The second phase of the Hulhumalé Dredging & Reclamation project in the Maldives is about to begin in the next few weeks. The $50 million project was awarded to Dredging International NV, Belgium earlier this year. Arrival of Dredging International’s vessel that will take part in the project has bee
Proserv has secured a contract win worth in excess of $20 million with Hess Corporation for the provision of a 12-well subsea control system along with associated topside and subsea interface equipment for the deepwater Stampede development, situated in the Gulf of Mexico. Work for the project will
Electromagnetic Geoservices ASA (EMGS) has entered into a data licensing agreement with an international oil company worth USD 8 million for the provision of 3D EM data from EMGS’ multi-client data library in the Barents Sea. Of the total sale, data worth USD 4.8 million will be delivered in Q4 2014
LUSCHI, a service provider and product representative that operates in the Engineering, Sanitation and Environment areas, has become the fastest-growing dredging company in Brazil. The year 2014 is proving to be a very successful one for the company with more than five hundred thousand cubic meters
Norway based provider of marine controlled-source electromagnetic (CSEM) data, Electromagnetic Geoservices ASA (EMGS) has has confirmed a contract award worth $7.0 million with PTTEP International. This announcement follows the stock exchange notice of the letter of intent for 3D EM data acquisition
Polarcus has signed a Letter of Intent (LOI) with an undisclosed client for a 3D marine seismic acquisition project offshore Brazil. The program, subject to the execution of contract, is projected to start in Q2 2015 upon receipt of the required environmental permit, and is expected to run for appro
Wintershall has received consent from the Petroleum Safety Authority (PSA) Norway to carry out exploration drilling of well 6406/2-8 in the Norwegian Sea. Wintershall Norge AS is the operator for production licence 589 in block 6406/2 in the Norwegian Sea. Exploration well 6406/2-8 is to be drilled
Gassco has received consent from the Petroleum Safety Authority (PSA) Norway to remove and dispose of the B-11 platform located on the German Continental Shelf. B-11 was part of the Norpipe pipeline from the Ekofisk field to Emden in Germany, until the pipeline was diverted around the platform in th
Subsea World News has put together a recap of the most interesting articles from the previous week (November 24 – November 30). Subsea 7 has been awarded a contract by Royal Dutch Shell (Shell) for installation work in the Gulf of Mexico. The contract value is in the range of $50 […]
African Petroleum Corporation has entered into an agreement with The Government of the Republic of The Gambia to reinstate the company’s Alhamdulilah Licence Block A1 and Licence Block A4 (the “Gambia Licences”), and settle all prior issues concerning the Gambia Licences including the discontinuatio
