Subsea World News has put together a recap of the most interesting articles from the previous week (January 08 – January 14). https://subseaworldnews.com/2018/01/09/kreuz-subsea-lands-historic-deal-with-lt/ https://subseaworldnews.com/2018/01/09/oceaneerings-umbilicals-for-statoils-johan-castberg/ h
The Abu Dhabi National Oil Company (ADNOC) has awarded two front end engineering design (FEED) contracts for ADNOC’s planned offshore ultra-sour gas mega project, which consists of the Hail, Ghasha and Dalma fields. Bechtel (UK) has been awarded Hail & Ghasha FEED contract and TechnipFMC (UAE) has b
Polarcus, a Dubai-based seismic contractor, has recorded a decrease in its vessel utilization during the fourth quarter of 2017. Quarterly vessel utilization declined to 68 percent from 72 percent in the fourth quarter of 2016. On the contracted basis the vessel activity has increased 3 percent, fro
The editors of Subsea World News have selected a few among many worth remembering articles from the previous year that received exceptionally high attention from our readers. In no particular order, here are some of the news to look back on, in case you missed them last year. Enjoy! Fugro has axed o
During 2017 we’ve seen an increased number of subsea vessels starting their first campaigns, being delivered and newbuilds ordered as the industry sets eyes on the market recovery. TechnipFMC and DOF Subsea PLSVs, as well as Helix well intervention vessels started operations in Brazil. McDermott sna
Subsea World News has put together a recap of the most interesting articles from the previous week (December 25 – December 31). Saipem has signed a contract with Eni in relation to the West Hub Development project in Angola, which incorporates the work orders previously assigned and communicated in
Subsea World News team wishes all our readers and their loved ones a happy and prosperous New Year! HAPPY NEW YEAR 2018!
IKM Subsea has strengthened its presence in the Middle East with the opening of new office in Sharjah, United Arab Emirates. The office is located in Hamriyah Free Zone in Sharjah. IKM’s expansion comes after a period of sustained interest, growth and demand recognition in the IKM Subsea service sec
Saipem has signed a contract with Eni in relation to the West Hub Development project in Angola, which incorporates the work orders previously assigned and communicated in 2016 and 2017 and adds the scope of work for the development of the Vandumbu field in Block 15/06. The additional activities wil
Subsea World News has put together a recap of the most interesting articles from the previous week (December 18 – December 24). Subsea 7 has been awarded a substantial contract by Statoil for the Snorre Expansion Project, located in the Tampen area, 150 km west of Florø in Norway. According to Subse
Subsea World News has put together a recap of the most interesting articles from the previous week (December 10 – December 17). Aker BP has submitted the plans for development and operations (PDOs) for the Valhall Flank West, Ærfugl (formerly Snadd) and Skogul (formerly Storklakken) fields to the No
TechnipFMC has officially opened its Surface International Facility in ICAD II as part of its investment in the UAE to deliver local solutions that extend asset life and improve returns for ADNOC. The opening of the 18,000 m2 facility, located in Abu Dhabi’s Industrial City 2, was officiated by Doug
Prysmian has been awarded a new contract worth in the region of €80 million by EWA (Electricity and Water Authority of the Government of the Kingdom of Bahrain) to develop a new 400 kV cable loop circuit. As part of EWA’s strategic 400 kV Transmission Development programme (2009 – 2013), this projec
Petrofac’s Engineering & Production Services (EPS) division has secured an award worth US$160 million from Basra Oil Company (BOC), previously known as South Oil Company, for its Iraq Crude Oil Export Expansion Project (ICOEEP). The new two-year extension reflects Petrofac’s continued delivery focus
