Project & Tenders
Motive in Spooling & Inspection Contract Win with TechnipFMC
Motive Offshore Group has secured a major contract from TechnipFMC, representing the largest win to date for the company’s Spooling and Inspection division. With a work scope comprising global offshore inspection and wire rope services, the initial three-year contract includes the option for two, on
H&L Contracting Nets Hampton Harbor Dredging Project
H&L Contracting, LLC of Bay Shore, NY, has won a $4.4 million maintenance dredging contract for the Hampton Harbor project in New Hampshire. According to the Army Corps, dredging and disposal operations are anticipated to take about 4 to 5 months to complete and will occur between Oct. 15, 2019 and
Magseis Fairfield Chops Forecast
Seabed seismic services player Magseis Fairfield has lowered its guidance for 2019, in which the company now estimates revenue between USD 455-465 million and full-year EBITDA between USD 45-55 million. According to the company, adjustments for certain non-cash elements may further impact EBITDA neg
Seatec Wins ROV Control Skid Job
The Nederlands-based technical solutions provider Seatec said it has received order for design and delivery of a custom build ROV control skid. Multiple deepwater pump systems (4-off, each upto 3000msw) are being controlled by this ROV interface. The control skid consists of following main component
Ideol and Taisei to Develop Concrete Foundations in Japan
Ideol and Taisei corporation have signed a Memorandum of Understanding (MoU) for the joint development and promotion of concrete foundations for floating offshore wind in Japan. The concrete foundations will be developed using Ideol’s patented Damping Pool technology. In Japan, the potential of floa
Weeks Marine Inks Port of Virginia Dredging Contract
The Port of Virginia and Weeks Marine of Cranford, NJ, have signed a $78 million dredging contract to make this port the deepest one on the U.S. East Coast. According to the Virginia Port Authority (VPA), this is the contract for the first phase and the total cost of the project, including the preli
Spotlight on Port Hedland Dredging Project
Jan De Nul Group recently completed the capital dredging works for the Channel Risk and Optimization Project (CROP) in Port Hedland, Western Australia. Over the past three years a combination of Hopper Dredgers, a Cutter Suction Dredger and Split Hopper Barges were deployed to dredge sections of the
Aker Solutions in Play for New Subsea Contract
Norway-based subsea engineering specialist Aker Solutions said it has emerged as the lowest bidder in a bid opening ceremony for one undisclosed subsea project. The tender includes the delivery of a significant number of manifolds for a deepwater field, the company said. Subject to completion of int
Partners sanction offshore wind farm project to power oil & gas installations
Norway’s Equinor and Snorre and Gullfaks partners have made a final investment decision for the Hywind Tampen offshore wind farm development. Two updated plans for development and operation will be submitted to Norwegian authorities on Friday. Equinor said on Friday that the Snorre and Gullfaks oil
Kongsberg and Shell to Digitalize Nyhamna Facility
Kongsberg Digital has signed an agreement with Norske Shell to digitalize the Nyhamna facility, a gas processing and export hub for Ormen Lange and other fields connected to the Polarled pipeline. Norske Shell is entering the partnership as operator of Ormen Lange and on behalf of Gassco as the oper
Fugro wraps up Gulf of Mexico surveys for Shell
Fugro has completed several deepwater geophysical surveys in the Gulf of Mexico for Shell.
New Access Channel to DP World Posorja Completed
The $538 million first phase of the new Deepwater Port of Posorja, Ecuador, is now completed and successfully operational, reports DP World. According to DP, the $538 million initial investment (Phase 1) included the purchase of land, dredging of a new access channel, a 20-kilometer access road and
MISC scores charter deals with ExxonMobil for LNG carrier pair
MISC Berhad (MISC) has secured agreements with ExxonMobil’s unit, SeaRiver Maritime for the time charter contracts of two LNG carriers.
Petronas inks 5-year LNG supply deal with KOMIPO
Malaysian energy giant Petronas, through its Petronas LNG, has entered into a liquefied natural gas sale and purchase agreement (SPA) with Korea Midland Power (KOMIPO).