Project & Tenders
Novatek, CNOOC ink Arctic LNG 2 stake deal
China’s CNOOC has secured a 10 percent participation interest in Novatek’s second liquefied natural gas project, the Arctic LNG 2.
CNPC unit grabs 10 pct stake in Novatek’s Arctic LNG 2 project
Novatek, Russia’s largest private gas producer, signed a deal with China National Oil and Gas Exploration and Development Company (CNODC), a unit of CNPC, to enter the Arctic LNG 2 project.
PGS Q1 Loss Widens
Petroleum Geo-Services (PGS), reported loss for the first quarter ended March 31, 2019 of $65 million versus loss of $40 million in the prior-year quarter. Basic loss per share was 19 cents, down from 12 cents per share loss same time last year. Norway-based PGS generated $129 million in quarterly r
Seaway 7 Books Green Marine for Beatrice
Green Marine has won a contract by Seaway 7 to provide crew transfers for the Beatrice offshore wind farm in the UK. The company’s latest vessel Green Storm is providing the transfers to and from the project site offshore the Caithness coastline. Green Marine also worked with Seaway 7 on the Beatric
HullWiper Bags Equinor Contract
HullWiper has signed a hull cleaning frame agreement with Equinor for its fleet of oil and gas tankers operating in Scandinavia, Far East, Middle East and Europe. Simon Doran, HullWiper’s Managing Director says the partnership with Equinor reflects his company’s commitment to proving the global ship
EMGS Scores New Contract
Electromagnetic Geoservices (EMGS) has received a multi-year call-off acquisition contract from a repeat but undisclosed client. The contract has a minimum value of approximately USD 29.3 million, and a maximum value of approximately USD 73.3 million, over a two- year period. Based on current acquis
TechnipFMC Bags iEPCI for ConocoPhillips TOR II Development
TechnipFMC has been awarded a significant integrated Engineering, Procurement, Construction and Installation (iEPCI) contract from ConocoPhillips for the TOR II development, located in the Norwegian sector of the North Sea. For TechnipFMC, a ‘significant’ contract ranges between $75 million and $250
Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (April 15 – April 21). This content is available after accepting the cookies. Change cookie-settings View on Subseaworldnews. Nord Stream 2 Submits New Application In Denmark This content is available
BP and partners sanction Caspian Sea project worth $6 billion
The Azeri Central East project, the next stage of development of the giant ACG field in the Azerbaijan sector of the Caspian Sea, has been sanctioned.
The Shoreham Adur Tidal Walls – Before and After (VIDEO)
Mackley – one of the contractors behind the Shoreham Adur Tidal Walls scheme – recently released a video about the project. Construction of the new 7.2km tidal defenses began in September 2016, as many of the old defenses came to the end of their useful life. The new defenses cover 1.8km on the east
Seatec Scoops Up New Equipment Orders
The Nederlands-based technical solutions provider Seatec said it has received two new orders. The first award is for design and delivery of a deep-water pump system that can operate up to 3000 msw and have a lifting capacity of 300 tons. The unit will consist of the following main parts: ROV control
Subsea 7 Joins Hollandse Kust Zuid Team
Vattenfall has contracted Seaway 7, part of Subsea 7, for work on the Hollandse Kust Zuid 1&2 offshore wind project in the Netherlands. Seaway 7 is in charge of the transport and installation of 76 monopile foundations and the laying of the inter-array cables. The company has also been selected as o
Vattenfall Taps Seaway 7 for Hollandse Kust Zuid Job
Seaway 7 has been selected by Vattenfall as one of its partners for the Hollandse Kust Zuid 1 & 2 offshore wind farm project. Seaway 7’s envisaged scope of work includes the transport and installation of 76 monopile foundations and the laying of the inter-array cables and will be led from Seaway 7’s
More Granada Davit Cranes for Moray East
The UK-based Granada Material Handling has secured a contract to provide 100 davit crane units for the turbine jacket foundations of the Moray East offshore wind project. Granada is in charge of designing, manufacturing and commissioning Python crane units that will be fitted to each of the project’