Kleven’s Myklebust Verft in Gursken, Norway, has completed modification of the Aker Wayfarer to become a deepwater subsea equipment support vessel (SESV), Ocean Yeald informed on Thursday. The modification contract was inked in October 2014 with Ocean Yield, a ship owning company with investments wi
Norwegian offshore vessels provider, GC Rieber Shipping, has reached a time charter agreement with Technip Angola for the vessel Polar Onyx. The 130-meter flexible piplay and subsea construction vessel will be engaged in a SURF and construction campaign offshore Angola. According to GC Rieber, the c
Saipem said it has been awarded new contracts and variation orders in E&C offshore, for an overall amount in excess of 1.5 billion euros. The most significant contract relates to the field development project for the Zohr gas field, located off the Egyptian coast in the Mediterranean sea. Petrobel h
FMC Technologies recently hosted the official opening of its subsea services support center in Onne, Port Harcourt, Nigeria. The subsea services support center should ensure full life-of-field support for customers’ offshore developments. The facility features a warehouse, two test pits, office area
HvS Dredging Support’s multipurpose DP2 vessel ‘Zwerver II’ has supported Jan de Nul on an offshore wind farm project in the Irish Sea. Jan de Nul chartered the vessel to install mattresses, along with pre-lay and post-lay services, at the Burbo Bank 2 offshore wind farm. The vessel installed 100 ma
DeepWell, the Norwegian well intervention company, has secured a long-term contract for provision of mechanical wireline services to Statoil. The contract value for the firm period, including options for add-on services, is estimated to exceed NOK 1 billion over a four-year period, or more than NOK
The latest addition to Maritime Developments’ hire fleet has completed its first mission, two years since delivery to its original client. The equipment in question is a 400-tonne reel drive system (RDS), originally purchased by Ceona Offshore. Although delivered to client in mid-2014, the system re
Finnish wave energy developer, AW-Energy, has received a €10 million loan for the construction of the full-scale WaveRoller wave energy device.
Penspen and Dar Al Handasah, operating as a joint venture, have been awarded a new project management contract by Kuwait Gulf Oil Company to manage the engineering, procurement and construction of a new gas and condensate pipeline. The pipeline runs both offshore and onshore from Khafji in Saudi Ara
Van Oord has successfully stabilized the wreck of a World War II submarine off the west coast of Norway. The Norwegian Coastal Administration awarded the contract to Van Oord at the end of 2015. The wreck, containing toxic mercury, was located at the top of a steep slope in the seabed. This slope wa
Electromagnetic Geoservices (EMGS) and vessel owner Euro Trans Skips have agreed to terminate the charter agreement for the vessel EM Leader. The survey vessel EM Leader, which has been laid up since May 15, 2015, left EMGS’ fleet in June 1, 2016. “The termination is to the commercial benefit for bo
Bibby Offshore has won a contract with BP. The 15-day project, due to begin in August 2016, will see diving support vessel Bibby Topaz, working on four BP operations across three of its North Sea assets. The platforms involved include Central North Sea-based asset Bruce, east of Shetland-based Magnu
E.ON has informed that the piling work to install wind turbine foundations at Rampion has restarted this week, while disposal of the two unexploded ordnance (UXO) devices, found 3km offshore, is planned to take place over the summer. 20 monopile foundations, each weighing between 500 and 800 tonnes
Oslo-listed DOF has secured bondholders’ approval for its refinancing plan which should lead the company trough the prolonged industry downturn. The company plans to improve its liquidity position by NOK 4,5 billion and reduce its net debt by up to 2,9 billion. According to DOF, the financial restru
