JD Contractor A/S, one of the biggest underwater contractors in Denmark, has been awarded a contract for subsea cable installation. The contract, awarded through tender procedure, is for the installation of 10 kV submarine cables between Lolland-Asko and Lilleø-Femø. JD Contractor secured the contract from the cooperative-owned energy company SEAS-NVE Holding. The value of the […]
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MacGregor, part of Cargotec, has won an order to supply equipment for three 80m ice-class vessels and a 96m shallow water pipe laying barge, all will be constructed for Bumi Armada Berhad, a Malaysia-based international offshore oilfield services provider. The vessels are destined to operate in the Caspian Sea. Equipment delivery is scheduled for mid […]
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AGR Aberdeen-based Rock Mechanics Engineer and Senior Geoscientist has been invited to address a high-level energy industry gathering in the United States which will bring together specialists from around the world to consider ways of improving oil well drilling and completion efficiency. Phil Bailey, a Rock Mechanics Engineer and Senior Geoscientist, will be among the […]
DeepFlex announced the signing of an agreement with Offshore Inland Marine & Services, Inc. (OIMO) to establish a new unbonded flexible pipe manufacturing and qualification testing facility to be located in the Port of Pensacola, Florida. The industrial complex will have direct access to the existing deep water quay-side, which is strategically located for optimized […]
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‘Pieter Schelte’, the biggest vessel in the world, is to be completed in the port of Rotterdam. Owner and designer Allseas and the Port of Rotterdam Authority have signed an agreement to this effect. The plan is for ‘Pieter Schelte’ to arrive in Rotterdam at the end of 2014. ‘Pieter Schelte’ is 382 metres […]
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The board of directors of Aker Solutions ASA (“Aker Solutions”) has in accordance with the strategy disclosed April 30 resolved to propose to the company’s shareholders that Aker Solutions be split into two companies. The board has also determined to write down the value of some assets in the Aker Oilfield Services unit of Akastor, […]
BG Group announced it had completed the sale of its 62.78% equity interest in the Central Area Transmission System (CATS) gas pipeline in the UK North Sea and associated infrastructure to Antin Infrastructure Partners. Total proceeds from the transaction, announced on 17 June 2014, are up to £562 million, or approximately $961 million at current […]
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Chevron Corporation reported in its interim update that earnings for the second quarter 2014 are expected to be higher than first quarter 2014 as a result of gains on asset sales and an absence of impairments in the prior quarter. Foreign exchange losses in the second quarter are expected to be higher than first quarter […]
Maritime Training & Competence Solutions (MTCS) say thoroughly assessed aptitude in High Voltage used on ROVs is essential among trainees - and even experienced personnel in the subsea field. In commercial ROVs the voltage can be in the area of 48volts and can go up to 1000, so correct use when carrying out repairs and […]
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A 110-foot long lift vessel will periodically be located off the shore of Camp Pendleton during July to obtain core samples needed for Dominion Virginia Power to move ahead with its proposal to build wind turbines 27 miles off the coast. The U.S.-flagged Inez Eymard literally lifts itself out of the water to provide a […]
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