CGG announced that, with the support of its Seabed Geosolutions joint venture with Fugro, it has completed the acquisition of a 3D seismic survey over the Hail and Shuweihat oil and gas fields in the Emirate of Abu Dhabi. The survey is part of an integrated project, including data processing and res
Subsea World News has put together a recap of the most interesting articles from the previous week (August 24 – August 30). Schlumberger and Cameron have signed a definitive merger agreement in which the companies will combine in a stock and cash transaction. Under the terms of the agreement, Camero
Italy’s Saipem has been awarded by the Kuwait National Petroleum Corporation (KNPC) for Package 4 and Package 5 of the Al-Zour New Refinery Project (NRP), located 90 km south of Kuwait City, for a total amount of approximately $1.3 billion, Saipem share. The Al-Zour NRP will be one of the largest oi
McDermott has been awarded a lump sum contract by Saudi Aramco for brownfield work in various fields offshore Saudi Arabia. Work on the contract is expected to be executed through the second quarter of 2018. The award follows the June 2015 signing of a second Long Term Agreement (LTA) between McDerm
Abu-Dhabi based TES Survey Equipment Services LLC is to become the first company in the Middle East to rent the 6G underwater acoustic positioning technology from Sonardyne International Ltd. The order for multiple Mini-Ranger 2 Ultra-Short BaseLine (USBL) systems and Wideband Sub-Mini 6 Plus (WSM 6
Trelleborg Sealing Solutions has produced a seal for a valve designed by Schoolhill Hydraulic Engineering for BP’s Shah Deniz field. The subsea QEV (quick exhaust valve) has been created for a subsea HIPPS (high integrity pressure protection system) at the South Caspian Sea site. Trelleborg created
BGP, a geophysical service company, has begun a 3D Transition Zone survey for Kuwait Oil Company (KOC). The project, which covers 2500 square kilometers, is, according to BGP, an extremely challenging since the survey will cover most of inhabitant areas of Kuwait city and Kuwait bay with varied topo
The International Marine Contractors Association (IMCA) will hold its 19th IMCA Annual Seminar on 27-28 October in Abu Dhabi. The full program is available online, and registration is now open. The theme of the event is ‘A Health Check for the Marine Contracting Industry’ which will see speakers tac
Under the second stage of the Production Sharing Agreement of the Shah Deniz Project in Azerbaijan, LUKOIL Overseas Shah Deniz Ltd. has signed in Baku a 12 year credit-facility agreement with a consortium of banks to borrow USD 1 billion. The Asian Development Bank (ADB) and the European Bank for Re
GAS, member of Lighthouse Group, has been awarded a long-term contract from Saipem to provide offshore survey services on board the dive support vessel (DSV) Akademik Tofiq Ismayilov. The vessel will be used during the installation of the export and infield pipelines for the Stage II development of
UAE-based marine survey and geotechnical services provider, Horizon Geosciences, has expanded its fleet with a new geophysical survey vessel the Kommandor Stuart, primed for work in the North Sea and West Africa. The Kommandor Stuart is a multi-disciplinary DP1 survey vessel, rebuilt in 2006 featuri
Polarcus Limited has received a Letter of Intent (“LOI”) from an undisclosed client for a 3D marine seismic project. According to the Oslo-listed company, Polarcus will use its RightBAND technique for broadband data acquisition. The project, subject to the execution of a service contract, will start
Seabed Geosolutions will soon mobilise for the variation order that was signed today (July 27) by Abu Dhabi National Oil Company (ADNOC) with CGG to conduct a shallow water seabed survey. The survey, over the Ghasha-Butini field, will take around 12 months and has a value of around USD 125 million.
STATS Group has secured a 10-year contract in excess of $10 million (£6.5 million) with a major LNG operator in the Middle East. The EPRS and pre-planned isolation contract follows the completion of a similar multi-million pound contract on behalf of the world’s largest LNG producer Qatargas. The sp
