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
The 2016 WEDA Midwest Chapter Meeting is just over a month away in Davenport, IA. The conference will be held at the Radisson Quad City Plaza on March 23-25, 2016. During the conference, participants and presenters will have the chance to discus best dredging practices and innovations in the Midwest
POSCO E&C said in a statement on Friday it has recently executed a US$650 million EPC turn-key contract with Gas Natural Atlantico and Costa Norte LNG Terminal for Colon combined cycle power plant and LNG terminal project.
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
A contract has been signed by EPN, the Nicaraguan Port Authority, and INTUR, the Nicaraguan Tourist Agency, with the Damen Shipyards Group for the delivery of a CSD350 Cutter Suction Dredger. The dredger is to be operated by EPN on a project to create and maintain a 200 km inland channel running alo
Manson Construction Co., a Washington-based marine contractor, has just won another dredging contract from the U.S. Army Corps of Engineers. The Corps’ Portland District awarded this $17.7 million worth channel dredging contract for Astoria and Coos Bay, Oregon. Work will be also performed in Longvi
U.S. Senator Thad Cochran has announced that the U.S. Army Corps of Engineers will provide an additional $67.1 million in FY2016 funding for flood control, navigation and other water resources-related work on waterways throughout Mississippi. “Congress gives the Army Corps of Engineers discretion to
Monaco-based LNG shipper GasLog and GasLog Partners on Thursday completed the re-financing of six vessels.
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
Oil and gas technology company Marginal Field Development Company (MFDevCo, formerly ABT Oil & Gas Limited) has farmed into the Helvick oil field and the Dunmore oil discovery, in Standard Exploration Licence 2/07 in the North Celtic Sea Basin, offshore Ireland. According to NU-Oil, an independent o
Western Advance, distributor for Applied Acoustic Engineering (AAE) in Australia, has recently completed a contract for the supply of one of AAE’s Nexus USBL systems to Neptune Marine Services headquartered in Perth, WA. According to the company, the provision of this system marks the 450th USBL sys
Great Lakes Dredge & Dock Corporation (GLDD) announced yesterday the receipt of three awards with an approximate value of $58 million. Valued at approximately $34.5 million, the first award is for the construction of a protective beach berm along the Chesapeake Bay near Norfolk, VA. This project inc
The offshore energy service provider DOF and DNV GL have recently signed a global frame agreement. Reportedly, the agreement will see DOF keep its entire fleet of 70 vessels in class with DNV GL, as well as launching a cooperative effort to identify and realize efficiency gains and cost savings. The
New Zealand’s Port of Tauranga has just announced that Rohde Nielsen is more than a third through the work to dredge Tauranga harbor’s shipping channels to a depth of 14.5m inside the harbor entrance and 15.8m outside the harbor entrance. It is on track to complete the work under budget and ahead of
