The Dutch cable protection specialist Vos Prodect Innovations has secured a contract in Middle East with oil & gas contractor Target Engineering. The contract is for delivery of 2650 meters of cable protection systems (CPS) by Target Engineering, for the protection of subsea sonar cable, project for
Subsea World News has put together a recap of the most interesting articles from the previous week (June 12 – June 18). Reliance Industries Limited (RIL) and BP have said they are moving forward to develop already-discovered deepwater gas fields, bringing new gas production for India. RIL and BP ann
Pacific Radiance has secured USD 45.3 million worth of new contracts, including options. Under these contracts, ten of the Group’s offshore support vessels, including a diving support vessel, are being deployed to support projects in Asia and the Middle East. The vessels are chartered to new and exi
The NKT Victoria cable-laying vessel has laid the first HVDC cables in the Moray Firth as part of Scottish and Southern Electricity Networks’ Caithness-Moray transmission project. The vessel completed its first campaign from Noss Head in Caithness to the midpoint of the cable route this week. It has
McDermott has recently celebrated a milestone with the load-out and installation of the first jacket fully fabricated by the company at its recently-opened Dammam fabrication yard in Saudi Arabia. The Safaniya 264 jacket is part of McDermott’s long term agreement II (LTA II) scope of work with Saudi
Subsea World News has put together a recap of the most interesting articles from the previous week (June 05 – June 11). McDermott has been awarded an engineering, procurement, construction, installation and commissioning (EPCIC) contract from BP Trinidad & Tobago (bpTT) for the Angelin gas field, lo
Subsea World News has put together a recap of the most interesting articles from the previous week (May 29 – June 04). Bibby Offshore has secured a contract with TAQA for subsea construction works in the Eider field, located 184 km north-east of Shetland. With offshore operations to be completed thi
Mermaid’s South East Asian and Middle Eastern business units have continued working efficiently on subsea contracts recently awarded during the first quarter of 2017 with a combined total estimated potential contract value of USD 26 million. The highlighted package of work involves the DP2 dive supp
McDermott International has signed a memorandum of understanding (MoU) with Saudi Aramco to expand and develop the company’s physical and human capital within Saudi Arabia. The MoU is a part of Aramco’s In-Kingdom Total Value Add (IKTVA) initiative. The company has committed to a nine-initiative pla
Pacific Radiance has through its wholly-owned subsidiary, Crest Offshore Marine, entered into a joint venture agreement with Allianz Offshore Middle East to jointly incorporate a company in Singapore known as Allianz Radiance. Under the terms of the JV Agreement, Crest Offshore and Allianz Offshore
Gulf Bridge International (GBI) has finalised a loan refinancing deal that should allow the company to explore new business and investment opportunities and to further support its successful transformational journey. Namely, the first privately-owned submarine cable system in the Middle East, has se
Subsea World News has put together a recap of the most interesting articles from the previous week (May 08 – May 14). Gazprom informed that the construction of the TurkStream gas pipeline has started in the Black Sea near the Russian coast. Pipelaying is carried out by the Audacia vessel owned by Al
Subtech, a James Fisher company, has re-entered the offshore market with new contract wins in the Middle East and West Africa, after six years of focusing solely on marine and subsea services in Sub-Saharan Africa. The company has reportedly just started on a cable installation project for Saipem in
Norwegian seabed seismic services player Magseis said it has completed the initial part of Saudi Aramco’s seabed seismic survey together with its partner BGP. Following a short yard stay and mobilisation the company said that the crew has now begun acquisition on the extension that was previously an
