Subsea
Prysmian to Lay Subsea Cables Offshore Philippines
Prysmian Group has received a contract for the design, supply, installation and commissioning of two submarine power cables in the Philippines. The contract, awarded by National Grid Corporation of the Philippines (NGCP), is worth more than EUR 150 million. The submarine power cables will link the i
Wartsila Retrofits North Sea Giant’s Energy Storage Solution
Wärtsilä has agreed to retrofit the energy storage solution on board the North Sea Giant subsea construction vessel. The vessel will be fitted with an energy storage system that reduces the vessel’s energy consumption, operating costs and exhaust emissions. The retrofit energy storage system improve
JFD Begins Indian Navy Personnel Submarine Rescue Training
JFD, a part of James Fisher and Sons, has started a training programme for a team of 72 Indian Navy personnel on its new 3rd generation submarine rescue systems. The new rescue systems are due to be delivered to the Indian Navy in March 2018. Under a £193 million contract, awarded in March 2016, JFD
CGG Gets Final Safeguard Plan Approval from US Court
CGG informed that the US Bankruptcy Court has recognized the ruling of the Commercial Court of Paris approving the company’s safeguard plan. The US Bankruptcy Court’s order gives full force and effect to the French Court’s approval ruling and prohibits CGG’s creditors from taking any action inconsis
Reach Subsea, MMT Grab New Contract
MMT and Reach Subsea have secured a contract with an unnamed oil company. The work scope of the contract includes the provision of survey, light construction and engineering. According to Reach Subsea, the contract will last for one month with options. The work is planned to start in February 2018.
Ireland Approves Galway Bay Renewable Energy Test Site
The Irish government has granted an approval to Marine Institute to install a quarter scale renewable energy test site at Galway Bay. The Galway Bay Marine and Renewable Energy Test Site is required to meet one of the Irish government’s stated objectives of producing 50GW from ocean energy by 2050 s
Ineos: Forties Pipeline Back to Normal Early Next Year
Ineos is moving forward with the repair of the Forties pipeline, with the planned completion of repair around Christmas. The company shut down the pipeline on December 11, 2017, due to a hairline crack in the onshore section of the pipeline. Forties pipeline is an integrated oil and gas terminal, tr
Wärtsilä Buys Trident
Wärtsilä has acquired Trident, a Dutch company specialized in underwater ship maintenance, inspection, and repair services. The acquisition is expected to close in January 2018. The acquisition enables the integration of Trident’s services with Eniram’s analytics. Eniram is a Wärtsilä company focusi
Kværner Gets Nord Stream 2 Contract
Nord Stream 2 AG and Kvaerner have signed a contract, worth above NOK 600 million, for delivery of onshore facilities for the Russian gas export pipeline. The Nord Stream 2 pipeline across the Baltic Sea will provide reliable gas supplies to the European market. Kvaerner will aid the construction of
TechnipFMC to Supply Subsea Equipment for Snorre Expansion
TechnipFMC has secured an Engineering, Procurement & Construction (EPC) contract from Statoil for the Snorre Expansion Project. The contract follows from Statoil’s announcement about submitting the plan for development and operation of the Snorre Expansion Project to Norwegian authorities. In additi
Subsea 7’s Pipeline Bundle for Statoil’s Snorre Expansion
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 Subsea 7, a substantial contract is worth between USD 150 million and USD 300 million. The engineering, procurement, construction and
Statoil Submits Plan for Snorre Expansion Project
Statoil has submitted a plan for development and operation (PDO) of the Snorre Expansion Project to the Norwegian authorities on Thursday. In addition to the PDO being submitted, Statoil is also signing contracts worth NOK 9 billion for the project, located in the Tampen area offshore Norway. The co
Strainstall Supplies Load Shackles for SME’s PLAT-I Platform
Strainstall, part of James Fisher and Sons, is set to provide two load shackles for Sustainable Marine Energy’s (SME) floating tidal energy converter (TEC) platform. Following installation of the PLAT-I tidal platform by SME, instrumentation and data gathering is being carried out as part of a proje
Drydocks to Build Turret Mooring for Johan Castberg FPSO
Drydocks World has signed a contract with SBM Offshore to construct the turret mooring system (TMS) for Statoil’s Johan Castberg floating production storage and offloading (FPSO) vessel. Drydocks World will be responsible for detail design of certain specified works, bulk procurement and constructio