Subsea 7 S.A. today announces that BP has extended its contract for subsea construction, inspection, repair and maintenance services for the Foinaven and Schiehallion fields located west of the Shetland Islands. The contract extension is valued at approximately US$300m and will run from 2013 until 2
Diversified industrial manufacturer Eaton Corporation announced that it will help to develop an underwater, utility-scale energy generation system for the United States Navy. Eaton is contracted to support the project’s land-based engineering, and will develop high-voltage electrical distribution eq
Yesterday U.S. Ambassador to Tanzania Alfonso E. Lenhardt and Zanzibar President Mohammed Shein witnessed the installation of a 100 megawatt (MW), $28.1 million USD submarine power cable sponsored by the American People through the Millennium Challenge Corporation (MCC). The new cable will be laid b
GSP Falcon has completed its first North Sea project for Wintershall Noordzee B.V. The vessel installed 30 kilometers of 10 inch diameter pipeline in the Dutch sector of the North Sea. The newly installed pipeline reroutes production from the existing Q4-C platform and connects it subsea to the exis
Chariot Oil & Gas Limited, the independent Africa focused oil and gas exploration company, announces that its wholly owned subsidiary, Chariot Oil & Gas Investments (Morocco) Ltd., has entered into an agreement with Maghreb Petroleum Exploration S.A. (“MPE”) whereby MPE will transfer its 75% ownersh
Commissioning ceremony of scientific expedition ship Akademik Treshnikov took place at JSC Admiralteyskie Verfi shipyard on Oct 10. The solemn flag-hoisting ceremony was attended by Russian Prime Minister Dmitry Medvedev. Akademik Treshnikov is a scientific expedition ship ordered by Federal Service
At 0600 hrs WST, Karoon advises that a production test string was being installed in the Boreas-1 well. After the installation is completed in the coming days, production testing will commence and continue through the coming week. The Transocean Legend semi-submersible rig is drilling the exploratio
Plexus Holdings PLC, the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP® friction-grip method of wellhead engineering, announces that it has secured a £1 million contract to supply its POS-GRIP technology wellhead equipment to new customer Lotos Exploratio
The Crown Estate, advised by Pinsent Masons, has announced the award of development rights for the first three offshore renewable energy sites in Northern Ireland’s coastal waters. Following a ten-month competitive tender process, companies have now been awarded the rights to develop three sites off
Polarstern returned from the Central Arctic expedition “IceArc“ to Bremerhaven on 8 October 2012 after a good two months. 54 scientists and technicians from twelve different countries conducted research on the retreat of the sea ice and the consequences for the Arctic Ocean and its ecosystems over a
Reef Subsea today announced that its subsidiary company, Reef Subsea Norway, based in Bergen, has been awarded an ROV service contract for seabed gravity and subsidence monitoring on Statfjord, Mikkel and Ormen Lange subsea fields offshore Norway operated by Statoil and A/S Norske Shell. The 21 day
STX OSV Holdings Limited (“STX OSV”), one of the major global designers and shipbuilders of offshore and specialized vessels, announces that Siem Offshore has declared options for the design and construction of two additional Offshore Subsea Construction Vessels (“OSCV”). The vessels will be equippe
Leading project management, engineering and construction company Technip has completed 21 jumper metrology operations using Lodestar GyroCompatts from Sonardyne International Ltd. Using the latest Wideband Long BaseLine (LBL) acoustic positioning hardware by optimising its technique, Technip was abl
Providence Resources P.l.c., (“Providence”) the Irish oil and gas exploration and development company, whose shares are quoted in London (AIM) and Dublin (ESM), provides a further update on its Barryroe oil field in the North Celtic Sea Basin, offshore Ireland. Providence (80%) operates Barryroe on
