Project & Tenders
VIDEO: Norway’s first and world’s largest spar platform mated
The world’s largest spar-platform built for the Statoil-operated Aasta Hansteen development off Norway was mated at Stord during the weekend.
Hurricane: Drydocks on schedule with Aoka Mizu FPSO upgrades
Upgrade works on the Aoka Mizu FPSO, which will operate on the Hurricane-operated Lancaster field off the UK, are progressing as planned and the project remains on schedule for first oil in the first half of 2019.
Zeeland Seaports, Port of Ghent Merge Into North Sea Port
Zeeland Seaports and Ghent Port Company signed a merger agreement on Friday, 8 December, after all eight shareholders of both ports agreed with the merger in recent weeks. The name of the cross-border merger port will be North Sea Port.
Hurricane Energy gets 231% reserve estimate boost
Hurricane Energy’s share price rose more than ten percent on Monday after a competent person’s report boosted its oil reserves estimate by 231 percent. Hurricane said its total 2P Reserves + 2C Contingent Resources increased by ~231% to 2.6 billion barrels of oil equivalent. The report covered Hurri
Van Oord Completes Expansion of Taiwan’s Largest Port
Van Oord has completed the expansion of the Port of Kaohsiung eight months ahead of schedule, reported the company on its website. The client, Taiwan International Ports Corporation (TIPC), awarded the contract in 2015. In less than two years, trailing suction hopper dredgers Vox Máxima, Volvox Terr
Aker Solutions Wins Ærfugl Subsea Production System Order
Aker Solutions has been awarded a contract from Aker BP to deliver the subsea production system for the first phase of the Ærfugl development offshore Norway. The award was made on behalf of the Skarv Unit and is subject to government approval of the plan for development and operation (PDO) of Ærfug
Aker BP Awards Subsea 7 Ærfugl Contract
Subsea 7 has been awarded a contract from Aker BP on behalf of the Skarv Unit for the Ærfugl (previously known as Snadd) gas field development, located approximately 210 km west of Sandnessjøen in the Norwegian Sea. The contract includes an option for the Ærfugl Phase 2 scope, which may be exercised
Hill Head’s New Sea Defenses Complete
All works on Phase 2 of the Hill Head Sea Defense project are now complete, according to Eastern Solent Coastal Partnership (ESCP). “Final works at Hill Head are now complete! This £1m project will protect this much loved stretch of coastline from the effects of extreme weather and sea level rise fo
Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (December 04 – December 10). Aker Solutions has won work to support Statoil in development of the Johan Castberg field, the largest oil discovery in the Norwegian Barents Sea. The company will supply s
Jumbo to Add New Heavy Lift Crane Vessel to Its Fleet
On 8 December, Jumbo signed a Letter of Intent (LOI) with China Merchants Industry Holdings (CMIH) for the provision of detailed engineering and construction of a new DP2 Heavy Lift Crane Vessel (HLCV). The new vessel – capable of installing wind turbine foundations and floating structures in deeper
Jumbo, CMIH ink deal to build LNG-fueled crane vessel
Jumbo, the heavy lift specialist, signed a letter of intent with China Merchants Industry Holdings (CMIH) for detailed engineering and construction of an LNG-fueled DP2 heavy lift crane vessel.
Jumbo Inks LoI with CMIH for Construction of New Vessel
Jumbo has signed a Letter of Intent (LoI) with China Merchants Industry Holdings (CMIH) for the detailed engineering and construction of a new DP2 heavy lift crane vessel (HLCV). The new HLCV, with a length of 185 meters and a beam of 36 meters, has been designed together with Ulstein Design and Sol
Oceanteam to Divest Part of its Solutions Business
Oceanteam, the Dutch – Norwegian offshore service provider, has signed a heads of terms agreement to sell part of its Solutions business. The Oslo-listed company, comprised of two operating segments, Oceanteam Shipping and Oceanteam Solutions. The so far undisclosed buyer will start a due diligence
Excelerate snaps up Exmar’s stake in four FSRUs
Excelerate Energy closed the acquisition of Exmar’s shares in four floating storage and regasification units (FSRUs), the Excelerate, Explorer, Express and Excelsior, all under long-term charters to Excelerate.