Subsea
Bibby Subsea Continues with Expansion Plans
Bibby Offshore’s newest international division, Houston-based Bibby Subsea, has gone from strength to strength since its launch in October last year, having trebled the team in the past four months. The subsea installation contractor developed the base in North America as part of its continued globa
Gondan to Build Oceanographic Vessel for Norway’s Institute of Marine Research
Gondan shipyard has been awarded the construction of a new oceanographic vessel for the Institute of Marine Research of Norway. The signature of the contract is due to be signed on 14 March. The substitute of the present oceanographic vessel “Dr. Fridtjof Nansen”, designed by the Norwegian firm Skip
HDC & OMM to Provide Cable Storage Services for DONG Energy
The Harwich Dock Company and Offshore Marine Management have secured a significant long term contract with DONG Energy to provide cable storage and management services at the Harwich Navyard in Essex. The first project of this long-term agreement will see OMM providing cable engineering, commissioni
Raytheon Provides Minehunting Sonars for U.S. Navy
Raytheon Company has been awarded $35.5 million to provide the U.S. Navy with AN/AQS-20A minehunting sonar systems and equipment. The system leverages advanced sonar technologies to support the Navy’s critical minehunting missions, ensuring safe access and passage for military and civilian vessels o
Nexans Inter-Array Cables for DONG Energy’s Gode Wind OWFs
DONG Energy is set to increase its offshore wind power capacity in Germany after signing a contract with Nexans for the delivery and installation of 140 km of 34 kV cables. The inter-array cables will link individual turbines at the Gode Wind 1 and 2 wind farms and connect them to an offshore transf
EMEC to Host Workshop to Review Marine Renewables Standards
The European Marine Energy Centre (EMEC), in collaboration with the Offshore Renewable Energy Catapult, will host a workshop on 25th March 2014 to review the existing suite of marine renewable energy standards (wave & tide) and identify areas where new standards require to be developed. The workshop
KONGSBERG Inaugurates New Office in Perth, Australia
KONGSBERG opens office in the Australian oil and gas capital Perth. The office will house KONGSBERG’s activities within maritime and oil & gas industry. “We are already on location with 30 employees in Perth, mainly due to the acquisition of the subsea company Nemo in 2012 who already was establishe
Seaborn Hires Natixis as Sole Structuring Bank for Seabras-1Project
Seaborn Networks has mandated Natixis, a major French bank, to act as sole structuring bank, underwriter and lead arranger for a fully underwritten USD 290 million senior secured project financing debt for the development and installation of Seaborn’s new subsea fiber optic cable system between comm
OneSubsea Supplies Subsea Equipment for East Nile Delta (Egypt)
OneSubsea™ has been awarded a contract of more than $80 million from Pharaonic Petroleum Company (PhPC) to supply subsea equipment for the East Nile Delta END-3 development offshore Egypt. The scope of supply for the four well systems includes subsea production equipment, wet gas flow meters, HIPPS
McDermott’s Revenues Lower Than Year Before
McDermott International, Inc. reported a fourth quarter net loss of $324 million or $1.37 per fully diluted share, and an operating loss of $316 million, of which approximately 80% relates to cash outlays that were made prior to the fourth quarter. The Company reported fourth quarter revenues of $51
Ophir Acquires Interest in WHL’s Blocks Offshore Seychelles
Ophir Energy plc has entered into an agreement with WHL Energy (“WHL”) to acquire a 75% operated interest in Blocks PEC-5B/1 and PEC-5B/2 located offshore to the south of the Seychelles Islands in the Indian Ocean. In exchange for the acquired interest, Ophir will repay back costs to WHL of US$4mln
Acta Marine Gets DP1 Multi Purpose Support Vessel Coastal Chariot
Maritiem Cluster Friesland delivers another DP1 Multi Purpose Support vessel 3512 to Acta Marine. Lady sponsor Mrs. E. (Litsa) Kwantes, named the ‘Coastal Chariot’ of in Rotterdam (The Netherlands) on 20th February. The multi-purpose vessel has been custom-built and constructed within only 12 months
Production Starts from Siakap North-Petai Field Off Malaysia
First oil production from the Siakap North-Petai (SNP) development offshore Malaysia commenced on February 27, 2014, Murphy Oil Corporation reports. The SNP field, operated by Murphy with a 32 percent working interest, is located offshore Malaysia in a water depth of approximately 4,400 feet. The ov
Osiris Marine Services Joins IMCA
Osiris Marine Services, a division of James Fisher and Sons plc, has become a contractor member of the International Marine Contractors Association (IMCA) Remote Systems and ROV Division. IMCA is the internationally respected trade association representing offshore, marine and underwater engineering