Project & Tenders
LOI Signed for Jakarta’s Giant Sea Wall
South Korea, the Netherlands and Indonesia have signed a letter of intent for a study on a joint realization of the National Capital Integrated Coastal Development (NCICD), also known as the ‘Giant Sea Wall’ project. The LOI was signed in Jakarta on 3 September by vice president Choi Sung Ho of the
Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (September 01 – September 06). Aker Solutions notified employees that it has become necessary to reduce the workforce capacity in its Norwegian subsea business because of a continued market slowdown. A
GC Rieber Breaks Off Polar Onyx Deal
Norway’s GC Rieber Shipping has terminated a charter agreement for the subsea vessel “Polar Onyx” by reason of Ceona`s default. Namely, Ceona has provided security, by way of cash deposit in a Norwegian bank, equivalent to nine month`s hire, towards GC Rieber Shipping for the fulfillment of Ceona`s
Balearia orders two dual fuel ferries at La Naval
Shipping company Baleària and Shipyard Construcciones Navales del Norte – LaNaval have reached an agreement, expected to be firm in two months, for the construction of two natural gas propelled ferries which will imply an investment of around EUR 350 million.
Companies Ink Nord Stream 2 Deal
The companies involved in the Nord Stream 2, which should boost supply of natural gas to the EU market, have signed a Shareholders’ Agreement, setting up a new project company, New European Pipeline AG, to develop the export pipeline project trough the Baltic Sea. According to the document, Gazprom
Crondall Energy gets job on Fortuna FLNG
Crondall Energy informed it has been awarded a contract with a consortium of Aker Solutions and Subsea 7 for the Ophir Energy Fortuna project in West Africa.
Prysmian Charters C.S. Sovereign for Wikinger OWF Job
Prysmian Group has chartered Global Marine Systems’ cable-laying vessel, the C.S. Sovereign, from mid-2016 into early 2017 for work on the Wikinger offshore wind farm in the Baltic Sea. The vessel will install inter array cables at the offshore wind farm that is currently estimated to be providing p
Subsea in August
Subsea World News has gathered all the highlights to bring you a summarized version of the most popular articles from the previous month. The month of August has seen companies adjusting to tough market environment with further workforce reductions, shipowners laying-up vessels and some major deals
CHC Announces Rock Barge Timetable
The placement of rock armour on the new Cowes Breakwater is underway and a weekly notice of proposed barge arrivals and an unloading timetable will be published on the CHC website. It is expected that the rock barge DN146 will be on station in the breakwater Exclusion Zone for around 18 hours at a t
Nexans Subsea Cables for Nasr Oil Field
Nexans’ subsea cables will power the new super complex at the heart of the future development of the Nasr oil field, offshore from Abu Dhabi in the UAE. This follows the award of a contract worth around € 90 millions by the EPC contractor, Hyundai Heavy Industries (HHI), for Nexans to supply high vo
Heerema Gets Another Culzean Project
Heerema Fabrication Group (HFG) has been awarded the Engineering, Procurement & Construction contract from Maersk Oil North Sea UK for the Culzean jackets for both the central processing facilities platform and the utility & living quarter platform. This contract is the second HFG has won for the Cu
GE’s equipment selected for Russia’s first FLNG
LNG Gorskaya of Russia informed it has awarded a contract to Italian engineering corporation Nuovo Pignone, a subsidiary of the GE Oil & Gas, for the production and supply of main equipment for the construction the country’s first floating liquefaction project.
Nigg South Quay Works Completed
McLaughlin & Harvey has just completed redevelopment works at Nigg South Quay in Cromarty Firth. The project included design and construction of a new facility for the inspection, repair and maintenance of oil rigs and FPSOs. Works also included reconstruction of approximately 1km of combi-pile quay
Xodus Inks North Sea Decom FEED Contract with Nexen
Xodus Group has been awarded a contract with Nexen Petroleum U.K. Limited to provide Front End Engineering and Design (FEED) services in support of the decommissioning of the Ettrick and Blackbird fields in the central North Sea. The workscope will assess the best practice decommissioning methods fo