Today Nord Stream AG has been informed that the Estonian Government has decided not to grant a permit to conduct a survey in Estonian exclusive economic zone waters (EEZ). Nord Stream is yet to review the legal reasons for such a refusal which will only be possible after receiving an official notifi
ABB, the leading power and automation technology group, has won a contract worth $ 170 million from Subsea 7, to build a power link between a new oil and gas field being developed by Total E&P Norge AS in the North Sea and the Norwegian power grid. The Martin Linge (formerly known as Hild) field [&h
Mediterranean Oil & Gas Plc announces that the Government of Malta has granted a one year extension of the first exploration phase of the Production Sharing Contract (“PSC”) for Malta Offshore Area 4 (“Area 4”) to January 2014. The Area 4 PSC licence is currently owned 100% by MOG through its wholly
Project 22010 oceanographic ship with unlimited operational zone was put afloat today at Yantar Shipyard in Kaliningrad, reports Business-TASS. “Lead oceanographic ship being built by Yantar shipyard under crucially new Project 22010 is designed for deep-water researches of the World Ocean and its b
Alcatel-Lucent and Main One Cable Company Limited, have renewed their marine maintenance contract for Main One’s submarine cable system connecting Portugal to Nigeria over 7,000 km and contributing to enhance overall African and international connectivity. Delivering high-speed bandwidth of 1.92 Tbi
On 5 December Statoil entered into a contract with Vestbase AS for the establishment of new buildings and infrastructure especially adjusted to serve Åsgard subsea compression. Statoil is planning to install the compressors and associated seabed equipment on the Åsgard field in the autumn of 2014 wi
Kongsberg Maritime has delivered a cutting-edge AUV package featuring an advanced HUGIN 1000 Autonomous Underwater Vehicle (AUV) and sophisticated multibeam echo sounder to DOF Subsea. The Bergen, Norway headquartered subsea services provider has already deployed the 3000 metre depth rated HUGIN AUV
Jumbo has been awarded a FPSO mooring, installation and hook-up contract by EnQuest. EnQuest is redeveloping the Ardmore and Duncan fields as Alma and Galia respectively. The project scope is the mooring spread installation and FPSO tow out and hook up. This will be the first offshore project in whi
The Ministry of Petroleum and Energy has received applications from 36 companies by the deadline for applications in the 22nd licensing round on the Norwegian continental shelf. The Ministry intends to award new production licences before the summer of 2013. “I am pleased to see such extensive, broa
A British team of scientists and engineers has headed off to Antarctica for an ambitious scientific mission to collect water and sediment samples from Lake Ellsworth which is buried beneath three kilometers of solid ice. Using groundbreaking technology developed at the National Oceanography Centre,
FoundOcean, a global leader in subsea and offshore grouting, today announced the opening of its new office in Bremen, Germany. Following exceptional growth in the last two years, the company is now expanding to maintain its presence in one of the key markets for the offshore wind industry. “Germany’
Bibby Remote Intervention Limited (BRIL) has successfully completed a Remotely Operated Vehicle (ROV) intervention project for Centrica Energy, worth around £900,000. BRIL is the latest division of Aberdeen-based subsea installation contractor, Bibby Offshore, and was established in late 2011 with t
Siem Offshore has entered into a charter agreement for one of its Offshore Subsea Construction Vessel (OSCV). The agreement is with an international subsea contractor, it’s made at market terms and is for a firm period of five years with two yearly options. The charter shall commence in third quarte
Aker Solutions announced at the company’s capital markets day that it is on track to meet its 2015 growth targets – and that it expects growth in revenues and margins to continue into at least 2017. Key focus will be on exerting discipline and prioritising resources. In 2010, Aker Solutions set an a
