Highlights of the Week

Subsea World News has put together a recap of the most interesting articles from the previous week (June 20 – June 26).


Subsea 7 to Axe Another 1200 Jobs

Subsea 7 plans to resize its global workforce to approximately 8,000 by early 2017, down from the current level of 9,200.

Consultation with employees and employee representatives will take place on a local basis and consultation processes have begun in Norway and the UK.

 

 


DOF Subsea and Technip Win Petrobras Contract

DOF Subsea and Technip joint venture has secured a contract with Brazilian oil major Petrobras for the vessel Skandi Niterói.

According DOF, the contract with immediate effect will last for about 8 months firm and with 8 months options. The 142 meters long Brazilian-flagged vessel joined the Technip/DOF fleet in 2011.

 


OneSubsea Grabs Zohr Contract

OneSubsea has been awarded an engineering, procurement and construction contract totaling more than $170 million from Belayim Petroleum Company (Petrobel).

OneSubsea will supply the subsea production systems for the first stage of the Zohr gas field, located in the Shorouk Concession, offshore Egypt.

 


Technip, FMC Technologies Conclude Merger Consultation Process

Technip and FMC Technologies have executed a business combination agreement (BCA) regarding their proposed merger announced earlier this year.

The execution of the BCA follows conclusion of the required work council consultation process in Europe.

 

 


Polar Queen

Subsea 7 has entered into an agreement to substitute a pipelay support vessel (PLSV) working on a day-rate contract for Petrobras, offshore Brazil.

Namely, the companies agreed to substitute the owned PLSV Seven Mar for the chartered PLSV Normand Seven in the existing Normand Seven contract.

 


 

Share this article

Follow Subsea World News

Events>

<< Jun 2017 >>
MTWTFSS
29 30 31 1 2 3 4
5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 29 30 1 2

Oil & Gas Indonesia 2017

Oil & Gas Indonesia (OGI) is an exhibition focused on Oil and Gas Exploration, Production and Refining and showcases the largest exhibition…

read more >

IADC World Drilling 2017 Conference & Exhibition

This event showcases products like Cutting edge, drilling technology, well control, health, safety, environment, training and environment industry…

read more >

OGA 2017

OGA 2017 is the most beneficial way to meet, discuss and acquire the latest in the Oil & Gas industry! It is also;…

read more >

SPE Offshore Europe 2017

Attending SPE Offshore Europe, recognised by offshore E&P professionals as Europe’s leading E&P exhibition and conference, will ensure…

read more >