JDR, the UK-based supplier of subsea umbilicals and power cables to the offshore energy industry, has been awarded two umbilical contracts by McDermott Middle East Inc., for undisclosed operators. The umbilicals will be delivered to two projects in the United Arab Emirates and Qatar. The first proje
The Egyptian Ministry of Petroleum and Mineral Resources has approved that the Egyptian Natural Gas Holding Company (EGAS) grants Eni the Zohr Development Lease, which allows for the development of the gas field located in the Shorouk Concession, offshore Egypt. The development plan envisages the st
CGG will start a multi-client airborne gravity and magnetic survey offshore Mexico, the company said Monday. The Comisión Nacional de Hidrocarburos (CNH) has authorized the program, which will include the acquisition of approximately 200,000 line kilometers over six areas across the Mexican Gulf of
Fugro is to provide offshore survey and positioning services at the Kaombo oil development offshore Angola. Under a contract awarded by Technip, Fugro will provide offshore deepwater survey and positioning services to a total of seven installation vessels and construction support vessels. Peter Boon
Wood Group has secured a contract with Woodside to provide the detailed design of the Greater Western Flank Phase 2 (GWF-2) flowline system. The GWF-2 Project is located on the North West Shelf, offshore Western Australia. Under the contract, Wood Group Kenny (WGK) will perform the flowline system d
Subsea World News has put together a recap of the most interesting articles from the previous week (February 15 – February 21). Norway’s Statoil has reportedly given up on constructing a new platform to develop its Snorre 2040 project offshore Norway for a subsea solution which should cut costs, hel
Siemens has chosen the UK-based Specialist Marine Consultants Ltd (SMC) to provide offshore Marine Coordination for the 600MW Gemini offshore wind farm off The Nethelands. SMC started Marine Coordination for the 150 turbine site situated in the Dutch sector of the North Sea, the first of which was i
GE Oil & Gas has signed a master service agreement with Statoil for new subsea projects. The global agreement forms the basis for potential new contracts for subsea equipment and services on new projects and field developments. The contract is valid globally until 2025. “We are pleased to have secur
The foundations, steelwork and cladding have been completed for the MeyGen’s Power Conversion Utility Building, and the onshore project is ready for electrical fit out works. Once completed, the building will house power conversion equipment for the turbines, 33 kV switchgear for grid connection, an
Chariot Oil & Gas has completed its 3D seismic survey in Blocks 2312 & 2412A offshore Namibia in conjunction with its partners AziNam (20%), NAMCOR (10%) and Ignitus (5%). The survey, which started in January this year, comprised approximately 2,600km² of data and was conducted by PGS Exploration (U
GC Rieber Shipping, has booked quarterly loss of NOK 400.1 million, compared with loss of NOK 201.4 million in 2014, due to loss from the bankruptcy of Dolphin Geophysical, impairment of the fleet and expensing of previously capitalized deferred tax assets. The loss of NOK 189.7 million is related t
DOF Subsea reported profit for the fourth quarter 2015 of NOK 53 million compared with NOK 63 million profit for the corresponding period in 2014. In the 4th quarter 2015, the Bergen-based company had operating income of NOK 1 565 million versus NOK 1 931 million in 4th quarter 2014. DOF Subsea gene
Scotrenewables Tidal Power has completed the deployment of its advanced modular anchoring system at the European Marine Energy Centre, Orkney in preparation for the installation of its SR2000 2MW floating tidal turbine. The anchor deployment formed part of a novel tidal anchors project for floating
Wood Group PSN (WGPSN) has announced plans to reduce the rates paid to approximately a third of its UK-based limited company contractors by an average of 9 per cent, in line with competitive market rates. James Crawford, managing director of WGPSN in the UK and Africa, said: “This is not a decision