Project & Tenders
Polarcus in New XArray Project Off Australia
Polarcus has secured high industry prefunding for an XArray multi-client project in Australia. The project is planned to start in Q4 2019. According to Polarcus, the project will have an approximate duration of two months. The company did not disclose further details regarding the project. Polarcus
Subsea 7 Wins Azerbaijan Double with BP
Subsea 7 has been awarded two contracts with a combined value between $50 million and $150 million by BP Exploration for the Azeri Central East (ACE) project in the Azeri-Chirag-Deepwater Gunashli (ACG) field in the Caspian Sea. The project is situated in a water depth of approximately 140 metres. T
Prysmian Bags Three-Year TenneT Contract
Prysmian Group has been awarded a three-year service level agreement by the Dutch-German grid operator TenneT for reactive maintenance operations for its HVAC and HVDC submarine and land assets. The contract represents an important milestone in the company’s PowerLink Cable Solutions strategy, which
TenneT Selects Prysmian for Maintenance Service Work
Dutch-German grid operator TenneT has awarded Prysmian Group with a three-year service level agreement covering reactive maintenance operations of its HVAC and HVDC submarine and land assets. “We are delighted to support TenneT in fulfilling its asset management strategy, designed to reduce to the m
Global Offshore Supports Pentland Firth Cable Installation
Global Offshore plans to work with Scottish and Southern Electricity Networks (SSEN) on its Pentland Firth East power cable installation project. The Pentland Firth is a strait separating the Orkney Islands from Caithness in the north of Scotland. The new 35km, 33kV power cable will connect mainland
Excelerate inks FSRU newbuild charter with Maran Gas Maritime
Excelerate Energy and Maran Gas Maritime have signed a five-year bareboat charter agreement (BBC) for the floating storage regasification unit (FSRU) hull 2477.
Shell Taps Magma to Qualify Cryogenic Flexible for LNG
Magma Global has signed a contract with Shell to develop and qualify a flexible single polymer composite (SPC) pipe for cryogenic applications of down to -196oC. Magma was selected for its high precision laser manufacturing capability and experience in development and qualification of composite pipe
Mubadala preparing for exploration drilling program near Manora
UAE-based Mubadala Petroleum is planning to drill up to two exploration wells and one side-track at its G1/48 (Manora) license area with a final investment decision for the project slated for October 2019.
GLDD Bags Navigation Project in Chesapeake City, Maryland
Last week, Great Lakes Dredge & Dock Company LLC, Oakbrook, Illinois, won an $11.6 million Intracoastal Waterway (IWW) C&D Canal Maintenance Dredging contract. According to the Department of Defense, the contract – awarded by the Army Corps’ Philadelphia District – includes maintenance dredging of t
Otakikpo partners to go ahead with phased development program
The Otakikpo joint venture partners have agreed to go ahead with the phased development program of the field following a review of on-site facilities.
BPC cuts cost estimate for its maiden Bahamas well. Funding yet to be secured
Bahamas Petroleum Company has further cut the estimated cost of its upcoming exploration well in the Bahamas, as it is working to secure the cash needed for drilling.
Denmark Launches Open-Door Offshore Wind Tender
The Danish Energy Agency (DEA) has launched a technology-neutral tender calling for bids for the development of open-door offshore wind, onshore wind and solar PV power. In this year’s tendering scheme, DKK 258 million (circa EUR 34.56 million) has been allocated, with the support set to be given as
Vår Energi Picks BHGE and Ocean Installer for Balder X Project
Vår Energi has awarded a contract covering engineering, procurement, construction and installation (EPCI) of subsea systems (SPS/SURF) for the Balder X project to a consortium of the companies Baker Hughes, a GE company (BHGE) and Ocean Installer. This award is a key milestone in the ongoing Balder
Alliander Books Borssele 1+2 Green Certificates
Dutch energy network company Alliander and Ørsted have signed an agreement through which Alliander will purchase green certificates from the Borssele 1+2 offshore wind farm. The agreement takes effect in 2021 and has a duration of fifteen years. Alliander aims to have a climate-neutral business oper