Project & Tenders
Next Geosolutions Wins in Mediterranean Sea
Next Geosolutions has recently been awarded three marine survey contracts from three different clients to be accomplished in direct continuation in the Mediterranean Sea. The projects will involve a full range of marine survey disciplines including onshore, nearshore and offshore activities, most of
First Subsea Mooring Connectors for Kincardine OWF
First Subsea has received a contract to provide platform mooring connectors for the floating offshore wind farm, situated off the coast of Aberdeen, UK. The company secured the contract from Spanish developer and construction company Cobra Group to provide platform mooring connectors (PMCs) for the
SeaBird Wraps Up Acquisition of BOA Galatea
SeaBird Exploration has completed the acquisition of BOA Galatea vessel from BOA SBL. The company entered into an agreement with BOA in May 2019, to acquire two vessels, BOA Galatea and BOA Thalassa. The acquisition of BOA Thalassa was completed on June 13, 2019, and the acquisition of BOA Galatea w
IOG farms out North Sea assets
Independent Oil and Gas (IOG) has entered into binding agreements to farm out 50 per cent of its Southern North Sea assets, excluding Harvey, to CalEnergy Resources Limited.
AXTech Supplies LARS for Debmarine Namibia’s New Vessel
AXTech has signed a contract with De Beers Marine for design and supply of a Launch and Recovery System (LARS) for a subsea diamond recovery tool. The subsea tool named the ‘Crawler’ is a 310 ton purpose-built machine for subsea diamond recovery. The LARS will launch the Crawler from the vessel to t
Helix Books Slight Drop in Quarterly Profits
Helix Energy Solutions has reported net income of $16.8 million, or $0.11 per diluted share, for the second quarter of 2019 compared to $17.8 million of $0.12 for the same period in 2018. Quarterly revenues fell from $205 million in Q2 2018 at $202 million. Net income for the six months ended June 3
Subsea 7 Sees Profits Slip
Engineering and construction specialist Subsea 7 has seen its profit cut in the quarter ended June 30, 2019 as activity drop continues in renewables and heavy lift business units. The Oslo-listed firm posted quarterly profit of $24 million, or $9 cents per diluted share, on revenue of $958 million,
TechnipFMC Boosts Backlog
TechnipFMC has reported second-quarter 2019 profit of $97 million or 21 cents per diluted share. The services major has seen a 8 percent decrease compared to net profit of $106 million same time last year. The results were affected by after-tax charges and credits totaling $78.6 million of expense,
Boskalis Bags €70 Million Land Reclamation Project in Bahrain
Royal Boskalis Westminster N.V. (Boskalis) today announced a contract award by the Ministry of Works of Bahrain in relation to the North Manama Causeway. The contract carries a value of approximately EUR 70 million. The causeway forms part of the Ministry of Works strategic plan to improve the exist
TenneT Picks ELA Containers for German Offshore Platforms
TenneT has awarded ELA Container Offshore with a framework contract for the supply of accommodation containers on four HVDC converter platforms in the German North Sea. Under the contract, the company will supply a minimum of 40 ELA Premium Plus containers. ELA Offshore is also in charge of providin
TenneT Picks ELA Containers for German Offshore Platforms
TenneT has awarded ELA Container Offshore with a framework contract for the supply of accommodation containers on four HVDC converter platforms in the German North Sea. Under the contract, the company will supply a minimum of 40 ELA Premium Plus containers. ELA Offshore is also in charge of providin
Next Phase of Leeds Flood Alleviation Scheme
Survey works are starting at a listed bridge in Bradford, to create a detailed design to reduce flood risk in the area for the Leeds Flood Alleviation Scheme, informs the Environment Agency. The work is being carried out by contractors BMMjv at Apperley Bridge and is expected to last 4 weeks. The su
IOG eyes August spud date for Harvey, inks Thames reception facilities deal
Independent Oil and Gas (IOG) expects to start drilling its Harvey appraisal well in the UK North Sea at the beginning of August 2019.
Subsea 7 Bags Offshore Wind Farm Cable Contract in UK
Subsea 7’s Seaway 7 has secured a sizeable contract for the Hornsea Two offshore wind farm project by Optimus Wind, a subsidiary of the Ørsted Group, for the installation of the entire inner array grid cable system. According to Subsea 7, a sizeable contract is defined as being between USD 50 millio