1. Aker Solutions Splits into Two Companies Aker Solutions will split into two companies to speed up a streamlining process that will reduce costs and better position all parts of the group to meet the needs of customers in an increasingly competitive global energy industry. 2. Subsea 7 Bags $160 Mln Contract Extension fom BP […]
1. Installation of HelWin Beta Jacket Set for Completion After the recent sail away from Heerema Vlissingen, Siemens’ HelWin beta jacket arrived at its location in the German North Sea where the installation started by the semi-submersible construction vessel ‘Thialf’. 2. McDermott to Operate North Sea Spoolbase McDermott International, Inc.’s subsidiary has signed an option […]
1. McDermott to Operate North Sea Spoolbase McDermott International, Inc.’s subsidiary has signed an option agreement with PD Ports which gives it the exclusive right to operate a spoolbase to serve projects in the North Sea. McDermott expects to have the facility available for projects in early 2015. 2. Total Hires Saipem for Kaombo FPSO […]
1. UTEC Bags Largest Pipelay Support Contract in Australia UTEC Survey (Australia) Pty Ltd informed that has been awarded the largest pipelay support survey and positioning contract in Australia. 2. Offshore Compression Project for Ormen Lange Postponed The Ormen Lange Licence has decided to postpone the Offshore Compression Project for Ormen Lange, and stop the […]
1. European Commission Fines Cabling Cartel with USD 416 Mln The European Commission has found that 11 producers of underground and submarine high voltage power cables operated a cartel, and has imposed fines totalling $ 416 million ( €301 million ). 2. Seaway Heavy Lifting Extends DOF Subsea’s Positioning Services Contract DOF Subsea, provider of […]
1. BREAKING: No Survivors in Flight MH370 Crash In an emergency press conference held in Kuala Lumpur Malaysian Minister Najib Razak informed that no one survived the Flight MH370 accident. 2. CNRI Hires Harkand Da Vinci Vessel in North Sea Fast-Growing international subsea inspection, repair and maintenance (IRM) group Harkand is to position a second […]
1. Saipem Hired to Build South Stream Offshore Pipeline South Stream Transport has contracted the Italian company Saipem for the construction of the South Stream Offshore Pipeline. Oleg Aksyutin, CEO of South Stream Transport B.V. and Stefano Bianchi, SVP of Saipem S.p.A signed the contracts in Amsterdam. 2. McDermott’s LV105 Awarded Contract with Petrobras in […]
1. Malaysia Airlines’ Missing Flight MH370 Could Be in Gulf of Thailand ? Malaysia Airlines reports that their flight MH370 en route from Kuala Lumpur to Beijing disappeared on Saturday with 239 people abroad. 2. Bibby Remote Intervention Expands Its Vessel and ROV Fleet Bibby Remote Intervention Limited (BRIL), part of Aberdeen-based subsea installation contractor, […]
1. Bibby Subsea Continues with Expansion Plans Bibby Offshore’s newest international division, Houston-based Bibby Subsea, has gone from strength to strength since its launch in October last year, having trebled the team in the past four months. 2. Rowan Renaissance Drillship Arrives in Namibia Tower Resources plc confirmed that the Rowan Renaissance drillship arrived, as […]
1. Saipem Nets $520 Mln Worth E&C Offshore Contracts in Indonesia and Congo Saipem has won new Engineering & Construction offshore contracts in Indonesia and in the Republic of Congo, for a total amount of approximately $520 million. 2. Norwegian Competition Authorities Approve Sale of Reef Subsea The Norwegian Competition Authorities have approved the sale […]