Project & Tenders
CGG Secures Total Deal Renewal
CGG’s Geoscience division has secured a contract renewal by Total, for the continued operation of its Dedicated Processing Center (DPC) in Pau, France. The new contract will run for five years starting in January 2020. The two companies have been working in close collaboration at the DPC since 2006.
Reach Subsea Stays Busy
Norwegian contractor Reach Subsea said it has been awarded several contracts and call-offs under frame agreements for 2020 execution, representing about 200 project days. The projects involve both inspection, survey and light construction work across Europe and America, for operators in the oil & ga
Well-Safe Hires Schlumberger for P&A Work
Well-Safe Solutions has awarded a contract to Schlumberger for the provision of plug and abandonment well services. The scope includes the supply of cementing service, wireline services, wellbore fluid services and fishing, milling and swarf recovery services. The work will be aboard the company’s f
DOF Contract for Optimarin
Ballast water treatment specialist Optimarin has signed an agreement with DOF for the installation of 16 Optimarin Ballast Systems (OBS). The deal comes with an option to extend the contract to 50 vessels in total. This is Optimarin’s biggest single agreement in the offshore segment and will see the
Providence to return APEC’s Barryroe stake to original owners
Irish oil and gas company Providence Resources has started the regulatory process of transferring APEC’s 50 percent equity in the Barryroe license back to its original owners.
Red Electrica Eyes Mainland-Mallorca Seabed Survey
Spanish grid operator Red Electrica has launched a tender call for the provision geophysical, UXO and geotechnical services to be performed along a corridor of approximately 345 kilometers between Spanish mainland and Mallorca Island, in the Mediterranean Sea. The purposes of the geophysical and geo
New gas module to boost production from Fram field
A new gas module that was recently put on stream on the Troll C platform offshore Norway will accelerate and boost production from the Fram field by substantial profitable volumes.
Knutsen to build Eni-bound LNG-fuelled shuttle tanker duo
Norwegian independent shipping company Knutsen NYK Offshore Tankers (KNOT) has been awarded a contract by Italian energy giant Eni to build two LNG-fueled shuttle tankers.
Forum ROV for Amundsen Science Arctic Research
Forum Energy Technologies has secured an order from Amundsen Science (Université Laval, Canada) to supply a light work-class remotely operated vehicle (ROV) to support its Arctic scientific research activities. The vehicle will be installed on board the Canadian research icebreaker CCGS Amundsen and
Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (February 03 – February 09). https://subseaworldnews.com/2020/02/07/saipem-nets-over-500-million-in-contracts/ https://subseaworldnews.com/2020/02/07/red-ink-for-aker-solutions/ https://subseaworldnews
Saipem Nets Over $500 Million in Contracts
Saipem has won a number of contracts in various countries, mostly related to subsea work, worth over $500 million.
Red Ink for Aker Solutions
Norwegian services player Aker Solutions booked Q4 2019 loss of NOK 148 million, against profit of NOK 178 million in the prior-year comparable period. The result was impacted by restructuring and impairment costs as well as ‘very competitive market’ and contracts taking longer to be awarded. Loss p
Fugro Surveys i3 North Sea Assets
Dutch survey specialist Fugro has recently started a site survey in support of i3 Energy’s planned 2020 drilling program in the UK North Sea. The survey is expected to conclude during February and covers the remaining areas of Serenity and Liberator West’s Minos High structures not covered by i3’s 2
Osbit Well Intervention Package for FTAI Ocean
UK-based offshore technology firm Osbit has won a contract by FTAI Ocean to design and build a well intervention tower system. The so-called ‘smart tower system’ is to be installed on FTAI’s vessel M/V Pride and facilitates integrated riserless and riser-based well intervention operations in water d