Subsea
DOF Subsea in IPO Launch on Oslo Exchange
DOF Subsea intends to launch an initial public offering (IPO) of its ordinary shares and to apply for a listing on Oslo Børs. The company has previously been listed on the Oslo Stock Exchange in the period from November 2005 to December 2008, when DOF ASA and First Reserve took the company private.
Saipem Wins $230M in Drilling Contracts
Saipem and Eni have signed a contract for offshore drilling activity in Mozambique, utilising the drillship Saipem 12000. The contract is of 15 months duration scheduled to start in mid-2019. It includes options up to a maximum of 45 months, not comprised in the contract value. In addition to this c
Engie Fabricom Nets Wintershall Brage Well Hook Ups
Wintershall Norge has awarded Engie Fabricom new well hook ups in 2017 under the frame agreement for modification, maintenance and prefabrication services. The scope of work involves engineering, procurement, fabrication, installation and commissioning of wells on the Brage platform. Engie Fabricom
TechnipFMC Lands Coral South FLNG Deal Off Mozambique
TechnipFMC, together with JGC Corporation and Samsung Heavy Industries, all partners in the ‘TJS Consortium’, where TechnipFMC is leader, has been awarded a contract for the Coral South FLNG project offshore Mozambique. The contract covers the engineering, procurement, construction, installation, co
Oceanteam Appoints Non-Exec Director
The Norwegian-Dutch offshore service provider Oceanteam has appointed Bote de Vries as director of the board. De Vries succeeds James Hill who stepped down and who has been a director on Oceanteam’s board since 2012. The appointment was approved by Oceanteam’s shareholders during an EGM on May 9, 20
BP Trinidad and Tobago in New Gas Discoveries
BP Trinidad and Tobago (BPTT) has made two gas discoveries with the Savannah and Macadamia exploration wells, offshore Trinidad. The results of these wells have unlocked approximately 2 trillion cubic feet (tcf) of gas in place to underpin new developments in these areas. The Savannah exploration we
Damen Begins Construction of Australian ASRV
Marking the start of construction of the Damen Antarctic Supply Research Vessel (ASRV), a steel cutting ceremony has been held at Damen Shipyards Galati, Romania. Damen is constructing the ASRV for Serco Defence, a wholly owned subsidiary of Serco Australia who, in turn, signed a contract with the A
IOX and ASN to Build New Subsea Cable System
IOX Cable, a Mauritius-based company, and Alcatel Submarine Networks (ASN), part of Nokia, have signed a turnkey agreement for the deployment of the IOX Cable System, the first open subsea cable connecting Mauritius and Rodrigues Islands to South Africa and India. The new submarine cable system, spa
Tekmar to Protect Arkona OWF Cables
Tekmar Energy has secured a contract by VBMS to supply 130 of its TekLink cable protection systems (CPS) on 385MW Arkona offshore wind farm in the German Baltic Sea. The cable protection systems, along with j-tube bellmouths for the electrical offshore substation will be manufactured in Tekmar’s new
Jan De Nul Hires Seaproof Solutions to Protect Cables of Two OWFs
Seaproof Solutions has been awarded a contract by Jan De Nul to supply its export cable protection systems for offshore wind farms Borkum Riffgrund 2 and Trianel Windpark Borkum 2nd construction phase. The contract covers the design and supply of the export cable protection systems connecting the Bo
Shell Snaps Up Chevron’s T&T Assets
Chevron has entered into an agreement to sell all of its shares in Chevron Trinidad and Tobago Resources (CTTR) to Shell’s BG, and all of its interest in Trinling, an LNG marketing and transportation company, to Shell’s BG Gas. The transaction includes CTTR’s interest in Block E, Block 5 and Block 6
CGG GeoConsulting Nets Oil & Gas Authority Contract
CGG GeoConsulting has been awarded a contract to supply digital well products to the Oil & Gas Authority (OGA) UK. The contract is a part of a wider tender for comprehensive subsurface databases and information sources to encourage further exploration in underexplored areas of the UK Continental She
Seatronics Boosts Senior Management
Seatronics have recently strengthened its global senior management with the implementation of a new UK general manager, group compliance manager and group engineering manager. Formerly UK operations manager, Scott Gray has been promoted to the role of UK general manager as of March this year. Gray j
EU Approves Baker Hughes – GE Merger
The European Commission has cleared the acquisition of Baker Hughes by GE under EU merger control rules. The Commission concluded that the transaction would not adversely affect competition in the relevant markets. The combination of GE’s oil and gas business and Baker Hughes was announced in late-O