Subsea
IKM Subsea Awarded ROV Frame Agreement by Nexans Norway
IKM Subsea have been awarded a 3+2 year frame agreement by Nexans Norway for ROV services. The contract has an expected value in excess of 100 million NOK. Initially the frame agreement will include ROV services onboard Nexans Cable lay ship, Skagerrak Nexans. Further ROV work on other vessels chart
Wood Group PSN Secures Golden Eagle Contract, UK
Wood Group PSN (WGPSN) has secured a US$50 million contract with Nexen Petroleum UK Limited to carry out the hook-up and commissioning of the Golden Eagle Area Development (GEAD) project in the UK North Sea. The Golden Eagle field will be developed using two platforms – a wellhead platform and a pro
TAQA Concludes Reduction of Non-Core Personnel from Cormorant Alpha (UK)
Abu Dhabi National Energy Company PJSC (TAQA) has concluded the planned reduction of non-core personnel from the Cormorant Alpha platform in the northern UK North Sea following the detection of hydrocarbons in one leg of the platform. There were 159 people on board when the incident was discovered o
IHC Merwede Builds Three Pipelaying Vessels Simultaneously (The Netherlands)
IHC Merwede is building three 550t pipelaying vessels simultaneously at its Krimpen aan den IJssel yard in The Netherlands. The keel-laying ceremony for the first of two identical 550t pipelaying vessels for TL Offshore, a subsidiary of SapuraKencana, took place on Tuesday 15 January. This event was
UK: Bibby Remote Intervention Limited Charters Toisa Warrior in Biggest Deal to Date
Bibby Remote Intervention Limited (BRIL), a division of Bibby Offshore, is expanding its fleet by signing a contract to charter the multi-purpose offshore vessel the Toisa Warrior in its biggest vessel charter to date. The vessel will come under the control of BRIL in February 2013 on a 180-day char
Crown Estate Considers Investment in UK’s Wave and Tidal Projects
The Crown Estate announces that it is considering investing in the UK’s first wave and tidal stream array projects, in support of its strategy to encourage growth of the emerging industry. This follows a report last year which found there is potential for tens of gigawatts of wave and tidal projects
Lundin Petroleum Secures Seven Exploration Licences in 2012 APA, Norway
Lundin Petroleum AB (“Lundin Petroleum”) announces that its wholly owned subsidiary Lundin Norway AS has been awarded seven exploration licence interests in the 2012 Norwegian Licensing Round (Awards in Predefined Areas, APA). The awarded licences include four licences in the North Sea, two in the N
Cormorant Alpha Shutdown Affects Over Twenty Fields in UK Northern North Sea
Antrim confirms that the export infrastructure system (“Export System”) used by the Causeway Field (“Causeway) and Cormorant East Field (“Cormorant East”) in the UK Northern North Sea is currently unavailable due to a potential hydrocarbon leak on the Cormorant Alpha platform. As a consequence, all
Flexlife Reports 45 Pct Rise in Turnover (UK)
Flexlife, a specialist provider of flexible pipe technologies and engineering services, has posted its 2011-12 (to year end March 31) results with more than a 45% rise in comparable turnover from £7.35million to £10.6million. The Aberdeen-based company expanded significantly over the 12-month period
Faroe Petroleum Awarded New Exploration Licences in Norway
Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in the Atlantic margin, the North Sea and Norway, announces that it has been awarded eight new prospective exploration licences, including three operatorships, under the 2
TenneT and Mitsubishi Jointly Invest in Four Grid Connections Offshore Germany
TenneT and Mitsubishi Corporation officially closed their partnership with respect to two German offshore high-voltage cable projects, BorWin1 and BorWin2. Mitsubishi’s voting interest will be 49% with aggregate maximum equity commitment of EUR 240 million. At the same time both partners signed a co
UK: Subsea 7’s Vessel Seven Borealis Nominated for Ship of the Year
Subsea 7’s flagship ‘Seven Borealis’, a customised SOC 5000 design designed by ULSTEIN has been nominated for the prestigious Ship of the Year Award organised by the Offshore Support Journal. The Seven Borealis measures 182.2 x 46.2 metres and has a moulded depth of 16.1 metres. This state-of-the-ar
Statoil Awarded Interests in 14 Production Licences Offshore Norway
Statoil was awarded interests in 14 production licences on the Norwegian continental shelf, of which 7 are operated by Statoil. The broad award reflects Statoil’s extensive application. In this Awards of Predefined Areas (APA) round Statoil has applied for production licences in the North Sea, the N
Taqa Confirms Hydrocarbon Leak from Cormorant Alpha Plaform Off UK
Abu Dhabi National Energy Company PJSC (TAQA) can confirm that an indication of hydrocarbons was detected in one of the legs of the Cormorant Alpha platform in the northern UK North Sea at 16.15 hours local UK time on January 14. Since the discovery, hydrocarbon levels have been continually monitore