ABB has won an order worth around $90 million from Statoil, for a high-voltage cable system to supply power from shore to the Johan Sverdrup offshore oil field. Located 155 kilometers west of Stavanger in the North Sea, Johan Sverdrup is considered one of the largest offshore oil fields on the Norwe
Australian company Woodside has awarded Aibel a FEED contract in connection with the subsea tie back to the Ngujima-Yin FPSO. The Greater Enfield Development comprises the subsea tie back of the Ngujima-Yin FPSO. The FPSO will undergo modifications to the topsides, hull and turret. Aibel’s scope of
DNV GL is launching two joint industry projects (JIPs) to investigate affordable composite components for the subsea sector and qualify technology for more efficient linepipe production processes. It is estimated that the JIPs could deliver a combined saving of £6.75 million. The DNV GL Affordable C
Titan Salvage, now a part of Ardent following completion of the merger of Titan and Svitzer Salvage, has successfully completed the removal of the wreck of the cape-size MV Smart coal carrier in South Africa. The removal of the vessel, which was entered in North P&I Club by owner Alpha Marine, has b
FMC Technologies has delivered two of four new HD remotely operated vehicles (ROVs) to Bourbon Offshore this month and will deliver the remaining two in the fourth quarter of 2015. Capable of operating at depths of up to 3,000 meters below sea level, FMC Technologies’ HD ROVs will be mobilized onto
Malaysia’s SapuraKencana Petroleum has seen its profits slashed almost 77% in the second quarter ended July 31, 2015, on high impairments, despite a 4% revenue growth. The company generated revenue of approximately $651.5 million, or 2.8 billion ringgit, up from $627 million, or 2.69 billion ringgit
Wood Group is leading five new joint industry projects (JIPs) which will use the company’s subsea experience to solve industry-wide challenges. These international projects, which will run between 2015 and 2018, will see Wood Group Kenny (WGK) work with several oil and gas operators, contractors and
InterMoor, an Acteon company, recently completed a top chain replacement project the Armada Perkasa FPSO offshore Nigeria. The FPSO is spread-moored in shallow water in the Okoro field. The Okoro field lies at a water depth of 14 meters in block OML 112, which is situated about 12km off the shore of
Russian gas giant Gazprom will have to take a rain check on its initial plan to start up the Turkish Stream gas pipeline at the end of 2016 due to current political situation in Turkey. In December 2014, Gazprom and Turkey signed a memorandum of understanding for the construction of Turkish Stream w
Polarcus has, on behalf of Erin Energy, completed acquisition of a new 3D seismic survey off the coast of The Gambia. Polarcus was contracted by the Erin Energy to carry out the survey using the Polarcus Alima, 12-streamer 3D/4D seismic vessel. The survey covered approximately 1,613 square kilometre
Magma Global has signed a joint development agreement with BP and Subsea 7 in a project to qualify Magma’s carbon fibre m-pipe as the next generation of subsea pipelines. The programme is also supported by the National Composites Centre (NCC) and Innovate UK, the Government initiative established to
DeepOcean AS, a subsidiary of DeepOcean Group Holding BV (DeepOcean), has been awarded a call-off contract for provision of ROV based Survey Services by Shell in the North Sea. According to DeepOcean, the contract is for three years plus options. “Shell in the Greater North Sea has been on our Clien
Work will begin this week at the Rampion Offshore Wind Farm, in readiness for the first foundation installation in January, E.ON UK informed today. This will include clearing boulders on the seabed along the cable route and around each of the 116 foundation positions to allow safe and effective inst
IKM Ocean Design has won an engineering, procurement and construction (EPC) contract for the Johan Sverdrup gooseneck spool and retrofit hot-tap tee from Statoil on behalf of operator Gassco. Part of the gas export solution from the Johan Sverdrup field, the assignment will take about two years to c
