Polarcus has signed a Letter of Intent (LOI) with TGS-NOPEC Geophysical Company ASA (TGS) for the charter of an estimated six months of 3D vessel capacity from Polarcus in 2016 in order to acquire a number of individual projects in line with the TGS 2016 investment plan. Under the terms of the LOI,
ShawCor informed that its Bredero Shaw pipe coating division has received notification from Europipe GmbH that the suspension of the work on its contract with Europipe for the concrete weight coating of Line 1 of the South Stream Pipeline has been lifted with immediate effect and that work on this c
Erin Energy Corporation, formerly known as CAMAC Energy, has informed that it is continuing the completion operations on the Oyo-7 well, located in OML 120 offshore Nigeria, and production from the well is expected to start by mid-June. Kase Lawal, Chairman and Chief Executive Officer commented: “Wi
The long-awaited Egypt Ports and Waterways Summit, aimed to give insight into the future of the country’s maritime and trade infrastructure, began today at the Intercontinental Citystars Hotel in Cairo and will run until 11 June 2015. Sponsored by some of the leading players in dredging industry, th
Exova, the global testing, calibration and advisory services provider, has been awarded a £2.5 million contract by CRC–Evans Offshore to provide pipeline material, welding and AUT qualification testing for the Kaombo project offshore Luanda in Angola. Pipelaying is expected to begin early 2016 on th
Statoil has informed that the installation of the modules that collectively constitute Åsgard subsea gas compression has started on the Åsgard field located in the Norwegian Sea. Statoil says that this technology at a depth of 300 metres will create 282 million extra barrels from the Åsgard field. A
Norway’s Blue Logic has secured a strategic R&D project with Innovation Norway and a major global service provider. The N0K 12 million industrial research and development contract is based on Blue Logic’s track record in producing inductive subsea connectors. Blue Logic worked together with WPC in K
Property owners who have provided the North Myrtle Beach City Manager with a written objection to their assessment within the Cherry Grove canals dredging project special assessment district will have the opportunity to verbally support their written objections during a June 11, 9:00 a.m. public hea
Statoil Petroleum AS, operator of production licence 602, has concluded the drilling of wildcat well 6706/11-2 in the Norwegian Sea. The well encountered gas. The well was drilled about 20 kilometres west of the Aasta Hansteen field in the northern part of the Norwegian Sea. The objective of the wel
GTT, the designer of membrane containment systems for the maritime transportation and storage of LNG, said that its Mark III Flex technology was selected for a new Floating Storage & Regasification Unit to be built by the Korean shipbuilder Hyundai Heavy Industries.
GTT, the designer of membrane containment systems for the maritime transportation and storage of LNG, said that its Mark III Flex technology was selected for a new Floating Storage & Regasification Unit to be built by the Korean shipbuilder Hyundai Heavy Industries.
Phase five of the North Topsail Beach (NC) shoreline restoration project continues according to schedule. According to the latest update, work zone currently extends between 139 S Permuda Wynd and 310 Seashore Drive (approximately between Sta. 617+00 to Sta. 606+00). Tigerhole Landscaping continued
Vard Holdings Limited (“VARD”) has secured a contract for the design and construction of one Diving Support and Construction Vessel for Singapore-based Kreuz Subsea Group. The vessel will be of VARD 3 17 design, with a total length of 91.2 meters and a beam of 21.5 meters, and has been developed esp
NEMO LINK announced the two winning contractors who will build the first electricity interconnector between Great Britain and Belgium. They are Siemens and J–Power Systems, the Japan-based company, a subsidiary of Sumitomo Electric Industries, Ltd. The contracts are together valued at about €500m (U
