Nordic Maritime, an offshore service operator, has announced its MKIII subsea service vessel Mokul Nordic has been renamed Nordic Prince and has started a long term charter for Noble Energy after arriving in Haifa, Israel. Nordic Maritime was awarded a five year charter for the DP2 IMR Subsea vessel
Norwegian Energy Company (Noreco) has informed that production from Huntington field, located in the UK North Sea, has been further delayed due to an incident during restart of the CATS riser platform. Noreco says that according to information received from the field operator, the riser platform wil
Tokyo Gas and PV Gas signed a memorandum of understanding to conduct a feasibility study on energy solution business in Vietnam with the aim of LNG value chain development.
Aker Solutions has secured a contract from Daewoo Shipbuilding and Marine Engineering to provide engineering, construction and commissioning services for the hook-up phase of the Mariner oilfield development in the UK North Sea. The agreement is worth more than GBP 120 million ($188.8 million). It c
Last week’s announcement that ‘Great Lakes Dredge & Dock Co., LLC, Oak Brook, IL will dredge the Arthur Kill Channel’ has been officially confirmed by the U.S. Army Corps of Engineers. The Corps’ New York District awarded, on December 9th, the $25.6 million contract for deepening the Arthur Kill Cha
French engineering group Technip has informed that it no longer plans to pursue its takeover bid for CGG. Namely, Technip approached CCG earlier this year, in November, with a public tender offer in cash for CGG’s shares at a price of 8.30 euros per share and no deal was made. After CGG declined the
Swiber Holdings Limited has made its first foray into the offshore oil and gas market in West Africa by securing an award from a Houston-based oil and gas company to provide Engineering, Procurement, Construction, Installation and Commissioning (EPCIC) services for an offshore field development proj
Aker Solutions has secured a contract from Daewoo Shipbuilding and Marine Engineering to provide engineering, construction and commissioning services for the hook-up phase of the Mariner oilfield development in the UK North Sea. The agreement is worth more than GBP 120 million. It comes in addition
Defence and security company Saab has received an order from the Swedish Defence Materiel Administration (FMV) to overhaul the Swedish Navy submarine HMS Södermanland. The order covers the period 2014-2016 and is valued at SEK121 million (USD 16 million). The order is part of the letter of intent re
Great Smoky Mountains National Park officials have announced that work has begun through the Tennessee Stream Mitigation Program to restore the lower 5,000 feet of Chilogate Creek near the Foothills Parkway and the confluence with Chilhowee Lake. The restoration work will return the stream to its or
Subsea World News has put together a recap of the most interesting articles from the previous week (December 08 – December 14). Statoil, Gassco and ExxonMobil have received consent to perform manned underwater operations between December 1, 2014 and November 30, 2015. Statoil has signed framework ag
Oslo-listed seismic contractor, SeaBird Exploration, has received a Memorandum of Agreement (MOA) from an unannounced company to acquire up to 45,000 km of 2D seismic data in North/South America region. The MOA provides for the company to charter one seismic vessel from SeaBird over a period of appr
Klaipedos Nafta concluded an agreement on assignment of claim rights and a maximum pledge agreement with Hoegh LNG Klaipėda.
Farstad Shipping ASA has been awarded a 5 year framework agreement by Technip Norge AS for delivery of ROV support operations, light construction work, IMR and other subsea related activities. The Agreement gives Technip the right to utilize the newbuild vessel up to 320 days per year, and to extend