Reef Subsea today announced that its subsidiary company. Reef Subsea Power and Umbilical Ltd., with offices in Stockton-on-Tees and Aberdeen, has successfully completed a contract with UK energy company Centrica Energy. The contract saw Reef Subsea Power & Umbilical assist with seabed excavation ser
MEO Australia Limited provides the following update in relation to Heron South-1 being drilled in NT/P68, operated by Eni Australia Ltd (Eni). Since the last report the 178m (7”) liner has been cleaned out, a 114mm (4½”) slotted liner has been installed to 4,453.5mMDRT and the well has been displace
Japanese utility Kansai Electric Power (KEPCO) said it has signed a long-term deal with BP Singapore to buy about 500,000 tons of LNG per year for a period of 15 years starting in 2017. The utility said that the LNG price will be linked to gas prices at Henry Hub in the U.S. KEPCO, the […]
Subsea 7 S.A. today announced the award of a $70 million contract for subsea construction services associated with pipeline replacements North East of Shetland. A key part of the project is the fabrication and installation of 27km of replacement pipeline, and associated tie-ins to the existing infra
Neptune Marine Services Limited announces it has been awarded a contract from MODEC to complete new works at the MODEC Venture 11 floating production, storage and offloading facility (MV11) in the Carnarvon Basin located 160 kilometres north of Karratha, Western Australia. The contract will deliver
LS Cable & System (Chairman & CEO Christopher Koo) announced that the Letter of Award (LOA) has been received for the contract of submarine power cable project worth over $440 million (about KRW50 million) ordered by Qatar Petroleum. This project is to install two 100km-long circuits i.e. 200km of 1
MEO Australia Limited advises that it has Executed a Private Placement Agreement with Asian Energy Limited, a company managed by Noonday Asset Management Asia Pte Ltd (Noonday), to raise $10.0 million, to provide working capital to fund the production testing of Gurame-1XST1. Under the agreement, ME
Marin Teknikk AS has signed a contract for design and engineering of a new Subsea Support & Construction vessel for Otto Candies LLC in Des Allemands, Louisiana, USA. The vessel will be built on the owner’s private shipyard, Candies Shipbuilders. The ship is a new design from Marin Teknikk called MT
DOF Subsea Group has secured multiple contract awards in Asia Pacific, the Mediterranean and in the Gulf of Mexico over the last couple of weeks, with a total contract value of about USD 50 million. In the Asia Pacific region DOF Subsea has secured several contracts for a four month campaign offshor
ViaLogy PLC announces it has initiated work on a North Sea project for one of the largest geosciences companies. In developed fields such as the North Sea the challenge of locating additional deposits is a well-known impediment to continued economic production. Yet exploitable reserves remain if the
Veripos, world leaders for provision of high-precision GNSS positioning solutions to the offshore oil and gas industry, has been awarded a two-year extension to its present contract with seismic survey specialists SeaBird Exploration FZ-LLC of Dubai, a division of the Norwegian SeaBird Exploration G
QGOG Constellation S.A. announced today that on November 14 it exercised, through one of its affiliates, an option for an advanced-capability DP3 ultra-deepwater drillship to be constructed by Samsung Heavy Industries Co. Ltd. (“SHI”). This will be the third drillship with SHI in South Korea and is
FMC Technologies, Inc. announced today that it has received an order from Statoil for additional subsea equipment for the Tyrihans field. The order has an estimated value of $39 million in revenue. This order covers the supply of two subsea trees and three choke modules. The equipment is scheduled f
A senior delegation from the Governmentally-owned Ocean University of China arrived in Israel and signed MOU with Eco Wave Power. The MOU between EWP and OUC is meant to lead to the implementation of Eco Wave Power’s unique technology across a wide-range of wave-prone regions in China. According to
