Offshore construction has started for the UK’s first offshore carbon capture and storage (CCS) project as Saipem’s 325-meter-long vessel Castorone arrives in the Southern North Sea to start pipelaying. Developed some 75 kilometers east of Flamborough Head, the Northern Endurance Partnership (NEP) pr
Subsea7 has won a contract with LLOG Exploration, a subsidiary of Harbour Energy, worth between $50 million and $150 million for the Who Dat East development located in the Gulf of America (U.S. Gulf of Mexico). Under the contract that Subsea7 defines as sizeable, the company will fabricate, transpo
Singapore-headquartered offshore marine service contractor Kim Heng and South Korea’s marine and civil work construction company Heungwoo Industrial have entered into a joint venture agreement (JVA) to incorporate a joint venture (JV) company in Korea. Kim Heng’s 50%-owned subsidiary Thaitan Interna
Egyptian marine and offshore services provider Petroleum Marine Services (PMS) has brought to an end a major development project in Egypt’s Gulf of Suez, including the installation of an 18-kilometer gas pipeline and upgrades to the asset’s offshore platform, strengthening infrastructure at an offsh
Jan De Nul is entering the carbon capture and storage (CCS) market, with offshore rock installation works that one of its vessels is carrying out for the Northern Endurance Partnership (NEP), a joint venture of BP, Equinor and TotalEnergies, in relation to a development described as the UK’s first o
With three decades under its belt, a giant gas project is getting a new lease of life, as the latest phase of its development begins production ahead of schedule, accelerating the delivery of 55 billion cubic meters (bcm) of gas to Europe.
ExxonMobil has, on behalf of its partners, awarded $1.1 billion in pre-investment contracts for the engineering, procurement and manufacturing of subsea production systems, large-bore production valves and offshore line pipe for a liquefied natural gas (LNG) development in Mozambique. ExxonMobil Moç
Houston-based subsea energy equipment and services specialist KOIL Energy Solutions has entered into a strategic alliance with Pipeline Network, a consultancy focused on the oil & gas pipeline services sector, with the aim of expanding its international presence, operational capabilities, and custom
ExxonMobil has selected Sercel, Viridien’s sensing and monitoring business line, to deliver a software tool to optimize maritime operations and support pipelay and mooring installation campaigns at a deepwater oil development project offshore Guyana. Under a one-year contract awarded by ExxonMobil G
Subsea7 has secured a contract with Brunei Shell Petroleum (BSP), a joint venture company between the Brunei government and the UK-headquartered Shell, covering subsea installation for a pipeline replacement project offshore Brunei. Subsea7’s scope of work includes the engineering, procurement, cons
The first of two hybrid power ocean energy construction vessels (OECVs) that Norwegian shipbuilder VARD is building for compatriot shipping group Island Offshore has arrived in Norway from Romania for the final phase of outfitting. Island Offshore placed an order with VARD for the design and constru
UK-headquartered energy giant Shell has reached an agreement with Hungarian multinational oil & gas company MOL Group for the sale of its 100%-owned subsidiary BG Cyprus Limited for up to $720 million. BG Cyprus holds a 35% non-operated interest in the Cyprus Offshore Block 12, containing the Aphrod
Two pipelay support vessels (PLSVs) owned by a joint venture of DOF Group and TechnipFMC have secured long-term contract extensions with Brazil’s oil & gas company Petrobras. Under the contract amendments, Skandi Buzios has been awarded a 516-day extension and Skandi Recife a 550-day extension. Prev
Allseas has secured a contract with Western LNG to install the critical subsea section of the Prince Rupert Gas Transmission (PRGT) pipeline in Canada. Located in the remote waters of north-western British Columbia, near the Alaska border, the subsea pipeline forms the final link in the 700-kilomete
