Project & Tenders
Tests Underway for Nigg Bay
Plans for additional harbor facilities at Nigg Bay came to life two days ago when Members of the Board visited HR Wallingfords 1/60th three dimensional model of the potential project. The model has been developed to allow, in conjunction with complimentary 2D modelling, a series of hydraulic physica
Golar firms Cameroon FLNG deal with Parenco
Golar LNG informed that the has company reached the material commercial terms and conditions with Perenco for the development of a floating liquefied natural gas export project in Cameroon.
Golar firms Cameroon FLNG deal with Parenco
Golar LNG informed that the has company reached the material commercial terms and conditions with Perenco for the development of a floating liquefied natural gas export project in Cameroon.
Teekay to buy IMS stake in SPT
Norway’s I.M. Skaugen (IMS) said it has agreed to sell its 50% interest in SPT, a global ship to ship transfer/lightering business. IMSK will also by this series of transactions acquire the right to purchase two Multigas type gas carriers of 12,000 cbm, built in 2011 and that are currently on a leas
Teekay to buy IMS stake in SPT
Norway’s I.M. Skaugen (IMS) said it has agreed to sell its 50% interest in SPT, a global ship to ship transfer/lightering business. IMSK will also by this series of transactions acquire the right to purchase two Multigas type gas carriers of 12,000 cbm, built in 2011 and that are currently on a leas
CIS Delivers Piling for Subsea 7
Conductor Installation Services (CIS), an Acteon company that provides hammer services to install conductors and drive piles, has successfully completed a subsea piling operation for Subsea 7 in the UK North Sea. The operation was executed as part of the Cladhan field development, located approximat
Reach Subsea and MMT in Survey Alliance
Reach Subsea and MMT have established a Joint Venture agreement primarily for survey services. Consequently, the two parties have performed a charter restructuring arrangement, which should, according to Reach, add more flexibility to the business model and strengthen the companies’ combined market
Island Navigator Contract Gets Green Light
Island Offshore has today lifted the remaining subjects in the shipbuilding contract with Kawasaki Heavy Industries for delivery of the Island Navigator. The vessel is a combined well intervention and tophole drilling vessel with equipment and capacity to perform a series of subsea and well operatio
First Cat D rig Songa Equinox delivered to Songa Offshore
Songa Offshore has taken delivery of Songa Equinox rig from Daewoo Shipbuilding & Marine Enggineering (DSME) in Korea. Songa Equinox is the first rig in a series of four Category D rigs specifically built for and contracted to Statoil. The rig was first scheduled for delivery in mid-May 2015; howeve
Siem to Wrap Up Vessel Deal
Oslo-listed, Siem Offshore (SIOFF), informed that Daya Materials has received green light from its shareholders to implement the acquisition of offshore subsea construction vessel “Siem Daya 1”. Namely, in April this year, Siem Offshore agreed to sell Siem Daya 1 for USD 120 million. In addition, SI
Implenia Gets NSN Subsea Link Infrastructure Job
Statnett has commissioned Implenia to carry out infrastructure works for subsea electricity interconnector, the NSN Link. The NSN link, the world’s longest subsea interconnector, between UK and Norway, is scheduled to be completed by 2021. The 720 km-long subsea cable will run between Blyth in Engla
‘Gigante’ seismic survey kicks off (Mexico)
SeaBird Exploration Plc has announced receiving all the necessary permits to start with the Gigante survey for TGS Nopec. After TGS in May announced it was granted a permit to acquire 181,500 km regional 2D seismic in Mexico, SeaBird said the same day it was expecting instructions to begin operation
Boskalis Wins Veja Mate OWF Foundations Deal
Boskalis in partnership with VolkerWessels has been awarded a contract by Veja Mate Offshore Project for the Veja Mate Offshore Wind Farm foundations in the German section of the North Sea. Under the contract, Boskalis will execute the design, procurement, fabrication, supply, transportation, instal
Iona Energy seeks to provide Orlando funding
Iona Energy Inc., a Canadian independent oil & gas company with assets in the UK North Sea, has made a step forward towards its Orlando project funding. Orlando field is located in the UK North Sea. Namely, the company received unanimous written support from an ad hoc committee of bondholders, repre