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Business & Finance

October 8, 2017 · about 8 years ago

Highlights of the Week

Subsea World News has put together a recap of the most interesting articles from the previous week (October 02. – October 08). Subsea Integration Alliance, which is a partnership between Subsea 7 and OneSubsea, a Schlumberger company has been awarded a contract by Ophir Energy for the Fortuna LNG pr

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Subsea World News has put together a recap of the most interesting articles from the previous week (October 02. – October 08).

Subsea Integration Alliance, which is a partnership between Subsea 7 and OneSubsea, a Schlumberger company has been awarded a contract by Ophir Energy for the Fortuna LNG project offshore Equatorial Guinea.

The contract has a value between USD 150 million and USD 300 million. Along with the EPCIC contract, Ophir Energy has awarded the contract for future inspection, repair and maintenance (IRM) services to Subsea Integration Alliance.

Royal IHC and Subsea 7 have signed a firm contract for the design and build of a new reel lay vessel, following a letter of intent announced in September this year.

The vessel will be capable of installing rigid flowlines including pipe-in-pipe systems from shallow waters to depths of up to 3000m.

Six manifold modules built by TechnipFMC for Total’s Egina project have been installed in the field located offshore Nigeria within OML 130 block.

They have been manufactured at the Aveon yard in Port Harcourt, Nigeria. TechnipFMC provides project management, engineering, procurement, and construction for Egina’s entire Subsea Production System (SPS) scope.

OneSubsea, a Schlumberger company, has been awarded a contract by Reliance Industries for engineering, procurement and construction (EPC) of the subsea production system for the R Cluster (Block KG-D6) Project, offshore the east coast of India.

The scope of this project includes trees, subsea manifolds, control system, tie-in system, multi-phase meters, intervention tooling and test equipment for the R Cluster field.

Bibby Marine Services has informed that its CEO, Stephen Blaikie, will retire at the end of November.

“After 12 great years working for the Bibby Line Group and having successfully delivered our new SOV Bibby WaveMaster 1 and secured the first two contracts, I announce that I will retire at the end of November,” Blaikie said.

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