DOF Subsea UK Limited, a provider of integrated subsea services, announced that its survey and positioning business in the UK and US has been awarded an extension of a Master Service Agreement with Heerema Marine Contractors of Leiden, The Netherlands. The contract covers global provision of survey
McDermott has been awarded initial work for a significant power supply system replacement contract by Saudi Aramco for the Marjan field, offshore Saudi Arabia. Work is expected to be executed through the fourth quarter of 2016 and will be included in McDermott’s first quarter 2015 backlog. The overa
James Fisher has acquired the entire share capital of Subtech. The initial consideration is ZAR61.0m (£3.4m) in cash plus potential future consideration up to a maximum of ZAR175.0m (£9.9m) based on the Company achieving profit targets in 2015 and 2017. There is an additional profit share above targ
Ireland’s Providence reported that the initial evaluation of the fast-track 3D volume has revealed seismic morphologies in the Drombeg prospect which are consistent with those of a large deep-water fan system. These data also suggest that the Drombeg fan is being sourced from the Porcupine Bank via
Albatern has received investment in the amount of GBP 400.000 from Scottish Government, through the Renewable Energy Investment Fund (REIF). The funding will enable the company to complete verification of existing units, and to commercialize and scale up their array based on WEC – WaveNET technology
Chevron Australia’s Gorgon Gas Development Fourth Train Expansion Proposal, which is expected to expand the liquefied natural gas (LNG) production capacity on Barrow Island from 15 to 20 million tonnes per annum, has been recommended for conditional approval by the Environmental Protection Authority
On behalf of several conservation groups, the Southern Environmental Law Center (SELC) today submitted comments to the North Carolina Division of Coastal Management (DCM) on the first two proposals to conduct seismic blasting with airguns off the North Carolina coast. The Bureau of Ocean and Energy
McDermott has reported fourth quarter 2014 net income of $8.2 million, or $0.03 per fully diluted share, compared to a net loss of $326.2 million, or $1.38 per diluted share, in the prior-year quarter. For the year ended December 31, 2014, the Company reported a net loss of $76.0 million, or $0.32 p
Subsea 7 has been awarded a two-year extension to two Underwater Services Contracts (USCs) by Shell Upstream International Europe, worth approximately US$240 million. Under these Life of Field contract extensions for Diving Support Vessel (DSV) and Remotely Operated Vehicle Support Vessel (ROVSV) se
The offshore construction vessel Viking Neptun was delivered from Kleven Verft in Ulsteinvik, Norway, to Norwegian shipowner Eidesvik February 17, 2015. Designed by Salt Ship Design, the 145 meters long and 31 meters wide vessel is the largest in Eidesvik’s fleet, and the largest ever built at Kleve
Offshore vessel operator Olympic Ship AS has secured a new contract for its M/V Olympic Taurus. According to Olympic, the charter is with an international customer for doing construction work in Argentina for 4+1 months. The Marin Teknikk MT6015-design Multipurpose Offshore Vessel is on the contract
Ezra has officially christened and named the Lewek Constellation prior to its departure to the Gulf of Mexico to start work for Noble Energy. The Lewek Constellation, an ice-classed, multi-lay offshore construction vessel with ultra-deepwater pipe laying and heavy lift capabilities is EMAS AMC’s fla
Gassco has taken over as operator of the Knarr pipeline, which will transport rich gas to the Shell-Esso Gas and Liquids (Segal) system and St Fergus in Scotland. Knarr is a gas and oil field located about 100 kilometres north of Statfjord in the northern North Sea. “We’ve had a close and good colla
Ecosse Subsea Systems (ESS) has signed a Letter of Intent with ABB for a seabed clearance and trenching project in the north of Scotland. The Aberdeenshire-based subsea technology firm will prepare the route for the 100-mile interconnector cable at the centre of SHE Transmission’s £1.2 billion Caith
