Project & Tenders
Volstad Seeks Financial Lifeline
Norwegian vessel owner Volstad Maritime has been looking into commercial and financial options to secure a sustainable financial position going forward as its subsidiary Volstad Subsea does not have sufficient funds to redeem the NOK 600 million ($72 million) bond at its upcoming maturity. Namely, i
Report: Galp Energia tenders to sell Nigeria LNG cargoes
Lisbon-based Galp Energia has reportedly issued a tender aiming to liquefied natural gas cargoes from the Nigeria LNG facility on the Bonny Island.
Woodside gets environmental nod for seismic surveys in Porcupine Basin
Australian energy company Woodside has received environmental approvals from the Department of Communications, Climate Change, & Natural Resources in Ireland for the 3D seismic surveys on its acreage in the Irish Atlantic. Woodside is the operator of licences FEL 3/14 and FEL 4/14, in the Porcupine
Technip Nets Umbilical Supply Contract from Statoil
Technip’s wholly-owned subsidiary Technip Umbilicals has been awarded a contract by Statoil to supply the umbilical to the Oseberg Vestflanken 2 field offshore Norway. This field is located approximately eight kilometers North West of the Oseberg field center at Block 30/9-30/6 on the Norwegian cont
Norwegian gas gets new terminal in Germany
Norway’s Gassco has informed that a new facility in Germany for receiving gas exports from Norway was officially inaugurated in Emden, Germany on Tuesday, May 24, 2016. This facility replaces the existing Norsea Gas Terminal (NGT) which became operational in 1977 in connection with the development o
Canyon Offshore and Olympic Shipping in Subsea Services Alliance
Olympic Shipping has entered into a frame agreement with Canyon Offshore for the joint marketing and subsequent operation of the subsea construction vessel Olympic Athene and Canyon’s ROV systems. Under the agreement the companies will work together to secure utilization for the vessel and ROV syste
EMGS Strikes Canada Data Deal
Oslo-listed Electromagnetic Geoservices (EMGS) has entered into a data licensing agreement with an undisclosed international oil company for the provision of 3D electromagnetic (EM) data from the multi-client data library over the Flemish Pass Basin offshore Newfoundland, Canada. According to Norweg
James Fisher Wins Wave Hub Gig
James Fisher Marine Services has been awarded a contract from the wave energy test site operator Wave Hub Limited for the cable tail extension installation services. Namely, Wave Hub intends to set up four 33kV rated cable tail extensions from the current dry mate connectors to four developer berths
Wood Group Gets Master Services Agreement from Statoil
Wood Group has been awarded an evergreen master services agreement (MSA) by Statoil to support the life cycles of its offshore and onshore facilities. According to the company, work and services covered by the MSA include engineering studies, detailed engineering, procurement services and management
Golar LNG Partners closes FSRU Golar Tundra acquisition
Golar LNG Partners on Monday said it has completed the acquisition of the FSRU Golar Tundra from Golar LNG for a price of US$330 million.
Faroe spuds Brasse well offshore Norway
Faroe Petroleum, the independent oil and gas company focusing activities in Norway and the UK, has started drilling the Brasse exploration well 31/7-1 in the Norwegian North Sea. The Brasse prospect, operated by Faroe with 50% interest, is located immediately south of the producing Brage oil field (
Dover Tender Announced
Dover Harbor Board has announced a major tender for construction works on marine structures and bridges worth approximately £135 million. The tender is part of the port’s Dover Western Docks Revival (DWDR) project that will transform Dover’s waterfront for future generations. The marine civil engine
Newbuild Cutter Suction Dredger Launched in Pula
Uljanik Shipyard – located in Pula, Croatia – held a launching ceremony for new self-propelled cutter suction dredger on Saturday, May 21st 2016. Contract for the vessel (Yard No. 512) was signed in late February 2014 with IHC Global Production B.V. of the Netherlands. The newbuild will have length
Borssele Tender Attracts 38 Bids, Cost Reduction Main Priority
The tender for the 700MW Borssele I&II offshore wind farm zones has attracted 38 bids and the first impression is that the wind developers have put a lot of effort in driving down the costs, the Dutch media cited Henk Kamp, the country’s Minister of Economic Affairs, as saying. The bids show that th