Subsea
Fugro Secures Petrobras Contract Extension in Brazil
Fugro has been awarded a further two-year contract by Petrobras to provide comprehensive inspection, repair and maintenance (IRM) and pipeline inspection services in Brazil. The new award follows Fugro’s completion of an initial 12-month contract for the oil major, after taking delivery of the newbu
Maersk Supply Service Nets Mexican Deal
Maersk Supply Service has secured a long-term contract with Subtec S.A de C.V. of Mexico, a subsidiary of Blue Marine Group, for one of its Stingray newbuild vessels. “This contract is the result of two companies working together to provide a superior integrated service offering and we look forward
Ramboll Gets New Barents Pipeline FEED Study
Ramboll will be carrying a FEED study for the pipelines connecting the Askeladd field to the Snøhvit field in the Barents Sea. The Snøhvit development consists of two fields that are already producing: the Snøhvit and Albatross. The Askeladd field is the third discovery part of the Snøhvit developme
Angel EQT Partners with Britannia’s Gold
Angel EQT has launched a partnership investment venture with Britannia’s Gold Ltd, (BGL) which is on a quest to recover cargoes of Britain’s gold and precious metals lost at sea during World Wars I and II. Britannia’s Gold will utilise funding provided by Angel EQT investors to finance the survey an
Minesto Terminates GBS Foundation Supply Deal; Seeks New Supplier
Minesto has decided to engage a new supplier for the construction of a gravity-based structure (GBS) foundation for the company’s first Deep Green installation in Holyhead Deep, as a consequence of the discontinuation by current supplier Ocean Resource. “We have taken immediate actions to ensure the
RusselSmith Expands Subsea Business
Nigeria-based oilfield services firm RusselSmith has expanded its subsea asset integrity management service offerings. The services include subsea pipeline inspection, underwater inspection in lieu of drydocking (UWILD) inspection, jack up rig inspection, and mooring inspection, among others. Soorav
McDermott Enters USD 810 Million Credit Agreement
McDermott International has entered into a 5-year amended and restated credit agreement with $810 million of capacity for letters of credit and a $300 million revolving cash sublimit. In addition, the agreement allows for current or new lenders to increase commitments up to a total of $1.0 billion,
GE Oil & Gas and Baker Hughes Finalize Merger
GE has completed the previously announced combination of GE’s oil and gas business with Baker Hughes. Baker Hughes, a GE company (BHGE) is the first and only company to bring together industry-leading equipment, services and digital solutions across the entire spectrum of oil and gas development, GE
Elia Bags €100M EIB Loan
The European Investment Bank (EIB) and Elia, the operator of the Belgian high-voltage grid, have concluded a loan agreement for 100 million euros with a tenor of 7 years. This loan will be used primarily for financing the Stevin project; this includes bringing ashore the wind energy produced at sea
iSURVEY Adds New Members to Its Team
iSURVEY has expanded its global team with the addition of two new business development managers, based in the UK and Norway. Joining iSURVEY Offshore in Aberdeen is Grant Aitchison, who has spent the last 20 years in a variety of technical and management roles at Fugro’s survey and subsea services d
Statoil Brings Gina Krog on Stream
Statoil has started production on the Gina Krog oil and gas field in the North Sea on Friday. Statoil and the partners invest a total of around NOK 31 billion in the development of the Gina Krog field. “We are proud to have delivered Gina Krog with a good HSE record and in line with […]
Fugro Begins Saint-Brieuc Bay OWF Geotechnical Campaign
Ailes Marines has hired Fugro to undertake a complete geotechnical campaign at the Saint-Brieuc Bay wind power project, located off the Brittany coast, France. The project follows the conclusions of the unexploded ordnance (UXO) campaign by Fugro. According to Ailes Marines email statement, the geot
Trelleborg Nets Johan Sverdrup Deal
Trelleborg’s engineered products operation has been awarded a contract for the supply of elastomeric bearings for Statoil’s Johan Sverdrup oil field, offshore Norway. Located on the Utsira Height in the North Sea, 160 kilometers west of Stavanger, the Johan Sverdup oil field will be operated by elec
PGS to Provide Surplus Data to SAMREF
Petroleum Geo-Services (PGS) has entered into a data sharing agreement with the South African Marine Research and Exploration Forum (SAMREF) for use of surplus data to improve understanding of the oceans. Data recordings like temperatures and salinity through the water column, currents and weather o