Project & Tenders
3sun Group Nets East Anglia One Contract
3sun Group has secured a contract to service the construction phase of the East Anglia One offshore wind farm from the project’s new base in Lowestoft harbor, UK.
UK Charts Decade-Long Offshore Wind Path
The UK government has committed to opening the Contracts for Difference auctions for offshore wind every two years from 2019 throughout the 2020s.
UK Charts Decade-Long Offshore Wind Path
The UK government has committed to opening the Contracts for Difference auctions for offshore wind every two years from 2019 throughout the 2020s.
Fincantieri snags deal for Princess Cruises’ LNG-powered duo
Trieste-headquartered shipbuilder Fincantieri signed a memorandum of agreement (MoA) with Princess Cruises, a Carnival Corporation brand, for the construction of two LNG-powered cruise ships.
Shell signs PSCs for two blocks offshore Mauritania
The Hague-based LNG giant Shell, through its two units, signed two production sharing contracts (PSC) with the Mauritanian government for the exploration and potential future production of hydrocarbons in the offshore blocks C-10 and C-19.
Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (July 16 – July 22). https://subseaworldnews.com/2018/07/18/mermaid-nets-middle-east-subsea-deal/ https://subseaworldnews.com/2018/07/17/technipfmc-lands-petrobras-deal-in-brazil/ https://subseaworldne
European trio signs deals for DESFA stake acquisition
The European consortium consisting of Italy’s Snam, Spain’s Enagás and Belgium’s Fluxys signed on Friday in Athens several deals for the acquisition of a 66 percent interest in DESFA, operator of the Greek gas grid and the Revithoussa LNG terminal. The agreements were signed with the Hellenic Republ
Lukoil makes FID for Caspian Sea project
Russian Lukoil has taken the final investment decision on the Rakushechnoye field development project in the Caspian Sea.
Equinor installs first Martin Linge module
Norwegian oil and gas giant Equinor has installed the first of four Martin Linge modules offshore Norway. Equinor informed through its social media channels on Wednesday that the first Martin Linge module was installed at the field in the North Sea. The utility module, weighing close to 10 000 tonne
Subsea 7 Wins Offshore Transportation and Installation Deal
Subsea 7 has secured a sizeable offshore transportation and installation contract with an unnamed client. According to Subsea 7, a sizeable contract is being between USD 50 million and USD 150 million. Offshore execution of the contract is planned for 2020. “No further details are disclosed at this
PGS Swings to Profit
Petroleum Geo-Services (PGS), reported profit for the second quarter ended June 30, 2018 of $10 million versus loss off $37 million in the prior-year quarter. Basic earnings per share was 3 cents per share, bouncing back from 10 cents per share loss same time last year. Norway-based PGS generated re
EMEC, Wave Hub Support Development of META Project
The European Marine Energy Centre (EMEC) and Wave Hub have signed an agreement with Marine Energy Wales to provide strategic advice to develop the Marine Energy Test Area (META) project which is underway in Pembrokeshire. META will see the creation of a series of pre-consented, non-grid connected si
PG Flow Solutions Gets MEG Package Order for Nova Field
Rosenberg WorleyParson has awarded PG Flow Solutions’ subsidiary, Calder, a contract to supply a MEG pump package to the Nova field tie-back to Gjøa platform, in the North Sea. Wintershall as the operator of Nova has decided to develop the field with two subsea modules tied back to the Gjøa platform
M2 Subsea Wins Balmoral FPV Inspection Gig
ROV services provider, M2 Subsea, said it has secured a contract to provide inspection services for Premier Oil’s Balmoral floating production vessel (FPV). M2 Subsea will carry out the 2018 inspection of the vessel’s hull, flowlines, umbilicals, risers and subsea template. The Balmoral is a purpose