Subsea
Hilong’s Subsidiary Acquires Pipe-Laying Vessel
Hilong Holding Limited announced that Hilong Marine Engineering (Hong Kong) Limited, a wholly owned subsidiary of the Group, will acquire an underwater pipe-lay barge from Zhenhua ZHPL3 Limited at a purchase price of US$163.6 million. Zhenhua ZHPL3 Limited is a subsidiary of Shanghai Zhenhua Heavy I
NZOG Completes 3D Seismic Survey without Incident
New Zealand Oil & Gas has completed an incident-free 3D seismic survey covering approximately 650 square kilometres of the Clipper permit East of Oamaru. The seismic vessel Polarcus Alima began the survey on 17 December towing twelve seismic streamers, each 100 metres apart and reaching eight kilome
FMC Technologies to Participate at Goldman Sachs Global Energy Conference
FMC Technologies, Inc. announced that John T. Gremp, Chairman, President and Chief Executive Officer, will participate in a panel discussion at the Goldman Sachs Global Energy Conference 2014. The Goldman Sachs Global Energy Conference 2014 will be held on January 8, at 9:30 a.m. FMC Technologies, I
Rotterdam Subsea Cable Centre Set Up by NKT Cables
NKT Cables established its submarine cable Logistics Centre at Rotterdam’s deep-water port in the Netherlands. The centre with its present 9,000 tonne and 4,600 tonne turntable capacity has been implemented within the NKT Cables production flow, in order to provide a substantial logistics capacity.
FMC Technologies to Supply WOS on the Snorre B Platform
FMC Technologies, Inc. announced that it has signed an agreement with Statoil for the manufacture and supply of a Workover System (WOS) to be installed on the Snorre B platform. The award has an approximate value of $114 million in revenue. The new WOS will replace an earlier system and will allow S
EMGS Shares Barents Sea Data with Undisclosed Client
Electromagnetic Geoservices ASA has signed a data licensing agreement worth around USD 1.2 million for the provision of 3D EM data from EMGS’s multi-client data library in the Barents Sea. In addition, the agreement contains an uplift model whereby EMGS will receive an undisclosed sum if the custome
Offshore Wind Developers Search for ‘Jones Act’ Solution (USA)
As American offshore wind industry readies to start building large projects, developers are searching for a way around the so called “Jones Act” from 1920. According to the Jones Act, any ship that sails between two U.S. points must fly a U.S. flag and has to be registered in the country. Once an of
Appraisal Well Drilling Commences At Carcará Area
QGEP Participações S.A. announced that the drilling of the appraisal well at the Carcará discovery has begun at Block BM-S-8. Drilling began on December 14th, approximately 5km from the pioneer well, using the NS-32 Rig (Norbe VIII). Drilling will be carried out in two phases, due to the need for a
Promising Future for China’s Marine Engineering Market
As for the current industrial layout of the international marine engineering equipment, in terms of the general contracting and design, at present, the large marine engineering companies and design companies from the US, Norway, France, Australia etc., still occupy the leading position; in terms of
VARD to Design and Construct Diving Support Vessel for Harkand
Vard Holdings Limited announced that it has secured a contract with a new customer, Harkand Group, for the design and construction of one Diving Support and Construction Vessel. The value of the contract exceeds NOK 1 billion. The vessel is of VARD 3 03 design, specially designed and equipped for di
Parkmead Increases Its Stake in Athena Field
Parkmead has signed an agreement with EWE VERTRIEB GmbH to acquire a 20 per cent. interest in UK production licence P.1293 (Block 14/18b ALL) which contains the Athena oil field. Completion of the acquisition is subject to the usual partner and regulatory approvals. Following the acquisition of Loch
Alam Maritim Acquires Alam Hidro’s Shares
Alam Maritim Sdn Bhd, a wholly owned subsidiary of AMRB had on 19 December 2013 entered into Share Sale and Purchase Agreements with Encik Azman bin Shabudin and Encik Mohd Fozi bin Ismail respectively for the purchase of the 30% of the remaining paid-up share capital of Alam Hidro Sdn Bhd comprisin
Laying of Malta-Siciliy Interconnector Starts
Enemalta reached another major milestone with Sicily. On December 28 a cable laying ship which has 50km (5,000 tonnes of cable) of the interconnector cable could be seen from the Coast Road in Bahar ic-Caghaq. This ship, the Nexans Skagerrak, is a specially made ship which is designed for the laying
Odfjell’s Rig Sinks at Korean Yard
On 28 December 2013, the semisubmersible “Deepsea Aberdeen”, currently under construction at Daewoo Shipbuilding and Marine Engineering (DSME) in Korea, experienced water ingress on pontoon while moored at the yard’s quay. Immediate evacuation was commenced and the rig was stabilized on the sea bed