Singapore Exchange and Tokyo Commodity Exchange signed a memorandum of understanding to work together on developing the LNG market in Asia.
Atlas Elektronik UK (AEUK) has secured two contracts with undisclosed Middle and Far Eastern naval customers for the supply of its Cerberus diver detection sonar (DDS) systems. The first contract is for the follow-on sale of a number of sonars to be utilized in the expansion of a naval harbor protec
Norwegian shipowner Farstad Shipping informed it has been awarded several charter contracts with Petrobras, Shell and Saipem. Petrobras has extended the contract for the MPSV Far Swift with another year in direct continuation with present contract, until October 2017. The vessel will continue to del
Independent E&P company Talos Energy has started initial production from the Tornado exploration project in the Phoenix field, in the U.S. Gulf of Mexico. The Tornado is a Pliocene oil discovery located in Green Canyon Blocks 236, 237, 280 and 281 in approximately 2,700 feet of water. Talos said las
More than 2,000 homes and businesses in Great Yarmouth will be better protected from the risk of flooding after the first phase of an Environment Agency major flood defense project has been completed. The EA has recently finished the £28 million phase of work to replace over 500 meters of tidal defe
EnQuest, a UK-based E&P company, has informed that the FPSO unit meant for the Kraken field development will sail away from Singapore to its North Sea location ‘in the coming days’. The harsh-environment floating, production, storage and offloading (FPSO) vessel Armada Kraken, named in August 2016,
UK’s Centrica signed a memorandum of understanding with Tokyo Gas of Japan to cooperate on liquefied natural gas activities.
UK-based oil exploration and production company EnQuest achieved first oil from the Scolty/Crathes development in the UK sector of the North Sea on Monday, November 21, 2016. Scolty and Crathes oil fields are located in Blocks 21/8a, 21/12c and 21/13a of the central North Sea sector of the UK contin
Anhui Power Energy, a unit of Blue Sky Power Holding, has signed an LNG sale and purchase agreement with Beijing Gas Lu Yuan Da Clean Fuel Company, an associate of Beijing Gas.
Subsea World News has put together a recap of the most interesting articles from the previous week (October 14 – November 20). Technip’s latest newbuild, the diving support vessel (DSV) Deep Explorer, was officially named on Saturday November 12, in Norway. The naming ceremony was held at VARD’s Lan
Lighthouse Azerbaijan Branch has signed a 4-year extension of the existing frame agreement with Saipem. The two companies have signed a new revision of the existing frame agreement, which concerns survey and positioning support activities, extending its term until 2022. The survey activities Lightho
Premier Oil, a UK-based oil company, has reduced capex for its Catcher development in the UK North Sea to $1.7 billion which is 24 percent lower than at sanction. Premier Oil said in its Trading and Operations Update on Thursday that further reduction in capex estimate was driven by the weak sterlin
GC Rieber Shipping has entered into a time charter agreement with Marine Platforms Limited (MPL) in West Africa for the SURF vessel Polar Onyx. The 130-meter flexible pipelay and subsea construction vessel will perform subsea construction/SURF installation and field development for end client Chevro
ZTT Group said it has received the letter of acceptance to supply 35kV & 220kV submarine composite cable with accessories from China Power Complete Equipment Co (CPCEC), for H2 400MW offshore wind farm project. The H2 400MW OWF project is located in the East China Sea coastal waters, between norther
