Project & Tenders
Boskalis Active in Angola
Royal Boskalis Westminster N.V. is working on a dredging project in Africa related to maintaining the access channel and turning basins of the Soyo LNG port. Works on the project, awarded to Boskalis by Angola LNG Ltd., started few months ago and will be completed by the end of 2017. The project wil
GeoSea Lands Galloper EPCI Foundation Deal
Belgian GeoSea, member of DEME Group, has been awarded a Galloper offshore wind farm EPCI foundation contract with RWE Innogy UK. Galloper offshore wind farm project is located 27 km off the Suffolk coast. Under the contract, GeoSea will deliver design, fabrication and installation of 56 steel monop
Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (October 26 – November 01). Eni will sell a stake in Saipem representing approximately 12.5% plus one share of the company share capital to Fondo Strategico Italiano (FSI). The sale and purchase agreem
Subsea 7 to Support Centrica’s NCS Pojects
Subsea 7 has been awarded a long term agreement with Centrica to provide support to Centrica throughout early phase Concept engineering, FEED, SURF project execution and Life of Field operations. The agreement is applicable to the Centrica portfolio on the Norwegian Continental Shelf and has a durat
VBMS Bags Cabling Deal for Galloper OWF
VBMS has been awarded two contracts with a total value of approximately EUR 200 million by Galloper Wind Farm Ltd., a joint venture between RWE Innogy UK, Siemens Finance and Green Investment Bank, for the Galloper Offshore Wind Farm. VBMS signed a contract for the export cabling scope in a consorti
GE Oil & Gas Acquires Advantec
GE Oil & Gas has agreed to acquire Advantec, a provider of subsea intervention equipment and services. Advantec will operate under the existing name and management team as part of GE Oil & Gas’ Subsea Services & Offshore division. As such, it will continue to supply products and services directly to
Aibel Wins Field Development Job for Centrica
Centrica Energy Norway has awarded Aibel a frame agreement for Field Development projects on the Norwegian Continental Shelf. The duration of the agreement is five years plus options for an additional five years, the company informed. All project phases are included in the agreement, from various st
Polarcus Swings to Profit
Seismic contractor, Polarcus, has seen its revenues rise 44% over Q2 2015, driven by high vessel utilization and strong multi-client prefunding. Despite one vessel less in operation, revenues also inceresed 16 per cent year-over-year from $114.3 million to $132.2 million. According to Oslo-listed co
CT Offshore to Install Walney Extension OWF Cables
CT Offshore signed an agreement to install 87 inter-array cables on DONG Energy’s Walney Extension Offshore Wind Farm. “It is a very important contract to sign for CT Offshore. We are proud to be the selected company for this important project. It is a huge recognition of our experienced crew both o
Wood Group Bags BP Subsea Gig
Wood Group has secured a new contract to provide engineering services to BP’s existing subsea infrastructure in the Gulf of Mexico, UK and Norwegian continental shelves and offshore Azerbaijan. Wood Group Kenny (WGK) will deliver programme, project and integrity management and operational support fo
Boskalis Wraps Up Cowes Gig
Boskalis Westminster has just completed the installation of rock armor layers to the new detached Cowes Breakwater. The final handover of the breakwater to CHC will to take place next month. As agreed by Cowes Harbor Commissioners following the July 2015 project review, CHC has prioritized the compl
Engie strikes 5-year LNG SPA with Cheniere
Engie said it has executed a 5-year sales and purchase agreement with Cheniere for the purchase up to 12 cargoes of LNG per year.
Statoil reschedules Mariner start-up due to topside construction delay
Statoil on Wednesday announced it would delay the start of production from the Mariner field, in the UK North Sea, from 2017 to the second half of 2018. In addition, the Norwegian oil and gas giant said on Wednesday, in its 3Q 2015 results report, it would delay production start from the Aasta Hanst
Kongsberg LARS for Jumeirah New DSV
Kongsberg Evotec, a fully owned subsidiary of Kongsberg Maritime, has entered an agreement with CSSC Huangpu Shipyard in Guangzhou China for the delivery of two Launch and Recovery Systems (LARS) for Remote Operated Vehicles (ROV). The contract includes the first delivery of the recently patented K-