Prysmian Group has been awarded a new contract worth approximately $127 million (95 million euro) by IPTO (Independent Power Transmission Operator), the Transmission System Operator of the Greek electricity system, for the interconnection between the island of Syros (Cyclades) and the mainland power
1. McDermott Cuts Losses McDermott International, Inc. has reported a second quarter 2014 net loss of $11 million or $0.05 per fully diluted share, compared to a net loss of $149 million or $0.63 per diluted share in the prior-year quarter. 2. EMAS Lands USD 110 Mln in Contracts Ezra Holdings Limite
EnBW has extended the time for prequalification process for the design of wind turbine with foundations and an offshore substation for the EnBW Hohe See wind farm located in the German part of the North Sea. Instead of August 20, the deadline for submission of proposals is now September 15. The wind
Blackbird International Corporation has finalized the procedures for the acquisition of SDE Ltd. The date for the signing of the Agreement is set for August 15, 2014. It had previously released news that it had exchanged a Letter of Intent with SDE Ltd for purposes of a merger. Blackbird shall acqui
SeaEnergy’s recently established joint venture (JV) GOSeaEnergy Ship Management Limited (GOSEA) has this week been awarded the ship management of two more vessels. GOSEA was established in June 2014, as a JV between Go Offshore (Asia) Pte Ltd. a Singapore based shipping company and SeaEnergy Ship Ma
Cue Energy Resources Ltd (Cue) has been advised by OMV New Zealand Ltd (OMV), the Operator of permit PEP 51313, that at 06:00 hours (local time) on Friday 8th August 2014, the Whio-1 well was at a depth of 1,235m MDRT. Since the last report, 16” hole was drilled to the section TD of 1,235m […
Schlumberger Norway has been awarded a contract with Statoil to provide integrated drilling services for the Norwegian continental shelf licenses Gullfaks, Gullfaks Satellites, Snorre, Statfjord , Tordis/Vigdis, Visund.The agreement also covers exploration drilling on the Norwegian continental shelf
APEM has won a major contract to collect and analyse over 1,000 samples from the seabed in the eastern English Channel and off the south coast, for eight marine aggregate operators with licensed interests across the region. Offshore surveys organised by APEM will collect 1,060 ‘grab’ samples of the
John Giddens, who built Hallin Marine into a global subsea services player after starting it from a container in his back garden, has re-entered the industry with the announcement of the build of a 105m subsea operations, diving and ROV support vessel. The contract for the construction of the vessel
Leidos, a national security, health and engineering solutions company, has been awarded a prime contract by the National Oceanic and Atmospheric Administration (NOAA) Office of Coast Survey (OCS) to provide hydrographic surveying services. The multiple-award, indefinite-delivery/indefinite-quantity
A second confirmed design contract for Wärtsilä’s new series of arctic platform supply vessels has been signed. This latest order is for a multi-purpose platform supply vessel (MPSV) being built by Tersan Shipyard in Turkey on behalf of U.S.- based Tidewater Inc, the provider of offshore service ves
Norway’s Statoil has together with its partner Idemitsu Petroleum Norge made a small gas discovery in the Mercury prospect in PL614 in the Barents Sea. This completes Statoil’s 2014 exploration programme in the Hoop area. This summer Statoil drilled three exploration wells in the Hoop area in the Ba
Providence Resources P.l.c. has provided a licence update on Standard Exploration Licence (“SEL”) 1/11 and Licensing Option (“LO”) 12/4 which contains the Barryroe oil field and potential field extensions, offshore Ireland. Providence Resources (80%, Operator) and its partner Lansdowne Oil and Gas p
TGS has announced a multi-year collaboration agreement with FairfieldNodal to develop, plan and execute multi-client Full Azimuth Nodal (FAN) seismic surveys across a substantial area within the U.S. Gulf of Mexico shelf region. This initiative will combine FairfieldNodal’s proven Ocean Bottom Node
