Project & Tenders
Siemens, VBMS to Provide Electrical System for Navitus Bay OWF
Siemens Energy Management and VBMS (UK) Ltd have been selected by the proposed Navitus Bay wind park as the preferred electrical transmission system supplier. The two companies will come together to form a joint venture to deliver the project and will aim to use UK supply chain partners to maximise
World Bank approves $700M investment in Ghana’s Sankofa gas project
The World Bank Thursday approved a $700 million investment in guarantees for Ghana’s Sankofa gas project, located in the Cape Three Points block, 60km offshore Ghana. According to the Washington-based international organization World Bank, Sankofa is a transformational project that will help develop
CHC Approves ABPmer Report
Cowes Harbour Commissioners at their Board meeting on Wednesday, 29th July reviewed and approved the sedimentation report from hydrodynamic consultants ABPmer. The report was commissioned by CHC as part of the June 2015 Breakwater Project Review to investigate and report on the potential issues and
Petronas spuds Midleton prospect off Ireland
PSE Seven Heads Limited, the operator of SEL 4/07, and a subsidiary of PSE Kinsale Energy Limited, which is in turn a subsidiary of Malaysia’s Petronas, has started drilling operations on the Midleton prospect in the Celtic Sea, offshore Ireland. Kinsale Energy holds an 80% interest in SEL 4/07, wit
Statoil to take more oil from Gullfaks South
Statoil has informed that production from the Gullfaks South (GSO) fast-track project for improved oil recovery in the North Sea has started on July 27, 2015. Statoil says that GSO will increase the output from the Gullfaks area by around 65 million barrels of oil equivalent. “GSO demonstrates how w
Marathon Oil and OMV back down on drilling plans offshore Croatia
A consortium of two companies, the U. S.-based Marathon Oil and Austria’s OMV, has reportedly given up on their plans for the exploration and exploitation of hydrocarbons in the Adriatic, offshore Croatia. According to Jutarnji, Croatia’s daily newspaper, the consortium Monday notified Croatian Hydr
Dredgers Departing the New Suez
There are only eight days are left before the opening of the New Suez Canal. Official unveiling ceremony of the new waterway, also known as the Suez Canal Corridor, will be held on the banks of the New Canal on August 6th where Egyptian President Abdel Fattah El-Sisi will be joined by world leaders
Subsea 7 Extends Vessel Agreements with DOF Subsea
DOF Subsea, a subsidiary of DOF ASA, has reached an agreement with Subsea 7 for the chartering of the vessels Skandi Acergy, Skandi Seven and Skandi Skansen. Subsea 7 has committed to a 3-year firm period for the vessel Skandi Acergy, starting in direct continuation of the current firm period. The v
PHOTO: Dragados loads out jacket for Statoil’s Mariner
Dragados Offshore, an engineering, procurement, and construction (EPC) contractor for the oil and gas industry, Saturday loaded out the jacket for the Mariner project, located in the UK North Sea. Statoil awarded the contract for the construction of the Mariner jacket to Dragados in 2012. According
Carnival orders LNG-powered duo at Meyer Werft
Carnival Corporation has ordered two LNG-powered cruise ships at Meyer Werft for its Italy-based unit Costa Cruises. The two ships will be built by Meyer shipyard in Turku, Finland, with delivery in 2019 and 2020. Each of them will exceed 180,000 gross tonnage, offering more than 2,600 passenger cab
Carnival orders LNG-powered duo at Meyer Werft
Carnival Corporation has ordered two LNG-powered cruise ships at Meyer Werft for its Italy-based unit Costa Cruises. The two ships will be built by Meyer shipyard in Turku, Finland, with delivery in 2019 and 2020. Each of them will exceed 180,000 gross tonnage, offering more than 2,600 passenger cab
SBM Offshore obtains funds for FPSO Cidade de Saquarema
SBM Offshore has completed the project financing of floating, production, storage and offloading vessel (FPSO) Cidade de Saquarema for a total of $1.55 billion. The project financing was completed on July 27, 2015 and the company says it is the largest project financing in its history. According to
Reach Subsea Nets Pile Removal Contract at Wikinger OWF
Reach Subsea has entered into a firm contract with Iberdrola Renovables Offshore Deutschland GmbH in Germany for the removal of nine piles at the Wikinger Wind Farm. The wind farm is located in the German waters of the Baltic Sea, approximately 34 km north-east of the island of Ruegen. Reach will ex
New Suez Test Proves Successful
The first test run of the New Suez Canal was performed successfully on Saturday, July 25th, bringing this iconic project one step closer to completion. In total, six different size boxships successfully navigated the new waterway, proving its readiness for full-fledged operations. The trial run is a