CTC Marine Projects, Ltd., a subsidiary of DeepOcean Group Holding AS, announced the award of a major trenching contract for COOEC on the Liwan 3-1 Project in China located 350 kilometres offshore Shenzhen, China. CTC will be responsible for the trenching of approximately 174 kilometres of 30-inch p
Subsea 7 S.A. announced the award of a SURF contract valued at approximately $175 million from ATP Oil & Gas (UK) Limited/Bluewater, the operator on the Cheviot Field, situated 120km East of Shetland. The Cheviot Field development will use a moored floating process facility which will import oil and
FMC Technologies, Inc. announced that it has signed a four-year agreement with Petrobras, Brazil’s national oil company, for the supply of pre-salt subsea equipment. The total award would result in approximately $1.5 billion in revenue to FMC Technologies if all of the subsea equipment included in t
Saipem has been awarded new E&C Offshore contracts in Brazil and Saudi Arabia, worth approximately $700 million. In Brazil, Saipem has been awarded by Petrobras the EPCI contract for the gas export trunkline Rota Cabiúnas, situated in the Santos Basin Pre-Salt Region, approximately 300 kilometres of
Siem Offshore Contractors GmbH, a wholly owned subsidiary of Siem Offshore Inc., announced that SOC has been awarded the contract for the installation of the inner array grid cables as well as associated services for the Amrumbank West Offshore Wind Farm project by Amrumbank West GmbH, a subsidiary
Technip announces that its wholly-owned subsidiary Duco Inc. was awarded a contract by Bluewater Industries Inc. for the Cheviot field development, whose operator is ATP Oil & Gas (UK) Limited. The Cheviot field is located in Block 2/10B, approximately 100 kilometers East of the Shetland Isles, in t
PETRONAS has signed a Heads of Agreement (HOA) with Total of France to jointly study the development and production potential of K5, a high carbon dioxide gas field offshore Sarawak. Under the HOA, PETRONAS’ newly established upstream research unit Exploration and Production Technology Centre and To
Following the success of the preliminary geotechnical coring programme in 2010, Fugro has successfully performed a detailed geophysical survey of Navitus Bay for Eneco Round 3 Development Ltd. Navitus Bay is to the west of the Isle of Wight and lies within Zone 7 of the Crown Estate’s Round 3 UK off
Kvaerner has signed a contract with Statoil for dismantling and recycling of redundant offshore installations. The contract is for dismantling of the jacket and adjacent bridge foundation belonging to the previously removed Ekofisk 2/4-S platform. The jacket has a total weight of 9000 tonnes and the
Pacific Rubiales Energy (PRE) acting through its wholly owned subsidiary Pacific Stratus Energy Colombia Corp. (PSE), announced today the signing of a natural gas/ LNG Liquefaction, Regasification, Storage and Loading Services Agreement with Belgium based EXMAR NV. The Agreement calls for EXMAR to b
Aker Solutions has been awarded a contract by A/S Norske Shell, to deliver subsea connection systems for the Draugen field on the Norwegian continental shelf. Contract value is approximately NOK 105 million. Scope of work includes the delivery of complete tie-in connection systems for production flo
BP announced today that it has agreed to sell its interests in its southern gas assets (SGA) in the UK North Sea to Perenco UK Ltd for $400 million in cash. As it continues the active management of its business portfolios around the world, focusing on core activities and future growth, BP expects to
The Japan Maritime Self Defence Force (JMSDF) has awarded a major contract to Applied Acoustic Engineering (AAE) for the supply of a number of USBL tracking systems and associated equipment. Following sea trials in Japan and a competitive tender process, JMSDF took the decision to invest in seven of
Japan’s Tokyo Gas said it has signed a deal for the sale and purchase of liquefied natural gas with Saibu Gas. “Since the conclusion of a heads of agreement with Saibu Gas in September 2011, Tokyo Gas has continued to discuss conditions and eventually resulted in the conclusion of an agreement where