Dyna-Mac has secured a contract with a preliminary sum close to S$89 million for the construction of 10 units of FPSO topsides modules and 1 unit of flare tower from BW Offshore, a provider of floating production services to the oil and gas industry. Dyna-Mac’s contract includes preparation of shop
Norshore Atlantic, Norshore’s first versatile drilling vessel, has been operating for Sabah Shell Petroleum Company on the Malikai field in Malaysia since September 8, 2014. The scope of work for this contract is drilling of top-holes. The first part of the work at Malikai has been to install conduc
Norway’s drilling contractor Norshore has informed that its multi-purpose drilling vessel Norshore Atlantic, operating for Sabah Shell Petroleum Company Ltd. on the Malikai field in Malaysia since September 8, 2014, has completed the installation of conductors. Norshore won a drilling contract for S
Vard Holdings Limited (VARD) has, through its specialized subsidiary SEAONICS, secured a large equipment contract for a vessel under construction at FINCANTIERI S.p.A. Based in Ålesund, Norway, SEAONICS designs and manufactures offshore handling equipment to improve all critical lift and handling op
The first Easydredge® 2700, built for Royal IHC, was successfully launched at MTG Dolphin Shipyard on 16th December 2014. The new vessel will be supplied with a “world-dredging package”, which includes bottom doors, a bow coupling and a dredging depth of 25m. This makes her suitable for a wide range
Rosneft, Rostec Corporation and Italian group Finmeccanica signed trilateral agreement for strategic partnership. The document was signed by the Head of Rosneft Igor Sechin, Rostec Corporation CEO Sergey Chemezov and the Head of Finmecanica group Mauro Moretti on December 29, 2014. As part of the si
The Monterey Bay quarium Research Institute has announced that the application period for the 2015 MBARI summer internship program is now open. The summer internship program, scheduled from June 8 – August 14, 2015, is open to undergraduate and graduate students (including recent graduates) and educ
International engineering and project management consultancy Royal HaskoningDHV has signed a €10.5 million contract with the Bangladesh Water Development Board for engineering consultancy services to protect Bangladesh’s vulnerable coastal zone, home to millions of people. The next six years Royal H
Statoil and partners kicked off the production on the Valemon field in the North Sea, on January 3, 2015. Recoverable reserves from the field are estimated at 192 million barrels of oil equivalent. Valemon is the second Statoil-operated platform to be put into production in the last nine months and
Royal IHC (IHC) has acquired a majority stake in Brastec Technologies, based in Brazil. Brastec Technologies designs and builds value-added, tailor-made production lines for the production of umbilicals and flexible pipes. This agreement fulfills two important elements of IHC business strategy: a fo
Seagull Oil & Gas, a provider of training solutions for oil and gas industry has announced that, together with an FPSO-provider BW Offshore, it is working to develop industry-leading training material for the offshore industry. The company has explained that, building on a training relationship stre
JDR has appointed David Currie as Chief Executive Officer and a member of the Board of Directors, effective 12 January 2015. Currie has nearly 30 years’ experience in the global offshore energy industry, most recently the UK Regional President for Aker Solutions. Previously to that he spent the
Subsea World News has put together a recap of the most interesting articles from the previous week (December 29 – January 04). Russia’s Gazprom has signed an agreement for the acquisition of the remaining 50% stake in the South Stream gas pipeline project (South Stream Transport BV). South Stream Tr
Norway’s Statoil has informed that the Valemon gas and condensate field in the North Sea was brought on stream on Saturday, January 3, 2015 at 08.36 a.m. According to Statoil, recoverable reserves from the field are estimated at 192 million barrels of oil equivalent. “Valemon is one of several new p
