Project & Tenders
Neste Jacobs pens five-year services deal with Gasum
Neste Jacobs said on Wednesday it has signed a five-year framework agreement with Gasum of Finland for engineering and project implementation services.
SeaBird Nets North Sea Undershoot Work
Oslo-listed seismic contractor SeaBird Exploration has been awarded a contract for undershoot work in the North Sea. According to the company, the work is scheduled to begin and be performed during the coming summer season (Q3 2016). Undershoot is a technique used for acquisition of seismic data ben
Wintershall bites dust in Barents Sea well
German oil and gas company Wintershall has failed to find hydrocarbons in its Kvalross exploration well located in the Barents Sea, offshore Norway. According to Faroe Petroleum, an independent oil and gas company and a partner in the project with 40% stake, the drilling has reached target depth on
Tocardo to Demonstrate T2 Tidal Array at EMEC
Tocardo has signed a contract during ICOE to demonstrate a 20 year pre-commercial array at the European Marine Energy Centre (EMEC) in Orkney. Tocardo plans to install eight T2 turbines across two Tocardo systems at EMEC’s grid-connected tidal test site at the Fall of Warness, off Eday, Orkney. Inst
Schottel Hydro Supplies Turbines for SME’s PLAT-O
Schottel Hydro will deliver 16 Schottel Instream Turbines (SIT) with a capacity of 62 kW each to Sustainable Marine Energy (SME) over the next two years. The SME’s PLAT-O platform array will host 16 Schottel Instream Turbines. Following the sea trials in the Solent in summer 2015, the first PLAT-O s
Oceanteam Wins Turntable Contract
Oceanteam Solutions has been awarded a contract to supply a cable manufacturer demountable turntables and auxiliary equipment for the multiple transport of cables from Asia to Europe in 2016. The Oslo-listed company said it will also assist during the cable load outs in the appointed ports by supply
IKM Subsea Wins ROV Services Extension for Nexans Skagerrak
Nexans Norway and IKM Subsea have come to an agreement to extend the current ROV services contracts on board the vessel Nexans Skagerrak. The contract value including options is 75 million NOK and duration term is firm for 3 years + 2 yearly options. IKM Subsea’s ROV services will be integrated with
Rosneft, PDVSA mulling LNG export project in Venezuela
A preliminary deal signed by Rosneft of Russia and Venezuelan PDVSA could lead to the development of an LNG export project.
JDR Bags McDermott Umbilical Deals
JDR, the UK-based supplier of subsea umbilicals and power cables to the offshore energy industry, has been awarded two umbilical contracts by McDermott Middle East Inc., for undisclosed operators. The umbilicals will be delivered to two projects in the United Arab Emirates and Qatar. The first proje
Wood Group wins more GWF-2 work
Aberdeen-based LNG engineer Wood Group revealed on Monday it has won a contract from Woodside for the detailed design of the Greater Western Flank Phase 2 flowline system.
Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (February 15 – February 21). Norway’s Statoil has reportedly given up on constructing a new platform to develop its Snorre 2040 project offshore Norway for a subsea solution which should cut costs, hel
GE Lands Statoil Subsea Deal
GE Oil & Gas has signed a master service agreement with Statoil for new subsea projects. The global agreement forms the basis for potential new contracts for subsea equipment and services on new projects and field developments. The contract is valid globally until 2025. “We are pleased to have secur
EPN and INTUR Order Damen Cutter Suction Dredger
A contract has been signed by EPN, the Nicaraguan Port Authority, and INTUR, the Nicaraguan Tourist Agency, with the Damen Shipyards Group for the delivery of a CSD350 Cutter Suction Dredger. The dredger is to be operated by EPN on a project to create and maintain a 200 km inland channel running alo
GasLog completes refinancing for six LNG carriers
Monaco-based LNG shipper GasLog and GasLog Partners on Thursday completed the re-financing of six vessels.