SPX Corporation today announced that it was awarded a contract in Q3 worth approximately $22 million for oil well production pumps. The pumps will be utilized for key artificial lift service on EnQuest’s new offshore subsea heavy oil field project, currently being developed in the UK North Sea. Spec
HARKAND has increased its presence in the burgeoning Asia Pacific region by securing a clutch of multi-million dollar contracts for execution in 2013/14. Under a deal with PTSC Offshore Services, the ROV support vessel Harkand Harmony has been deployed on its first charter since joining the fleet in
Daewoo Shipbuilding & Marine Engineering (DSME) of South Korea has secured a USD 200 million order to build a 173,400 cbm LNG tanker, DSME said in a statement. Daewoo will build the LNG tanker for a U.S.-based customer by 2017, according to the statement. The LNG tanker will be powered by an environ
On 20 November 2013, the following announcement was made by AMEC’s JV partner Clough with regard to the Bayu Undan contract: Engineering and project services company Clough Limited announced that Clough AMEC has been awarded a two year contract extension by ConocoPhillips to provide operations and m
Oceanteam Shipping ASA (OTS) confirms the extension of the bareboat charter with Fugro TS Marine Australia for the CSV Southern Ocean until the end of 2018. The extension of the bareboat charter will further strenghten Oceanteam’s contract backlog and secure future earnings. The original charter was
Faroe Petroleum today announced that Njord field partnership is, among other things, thinking of constructing a new platform, to replace Njord A. As previously announced on 26 September 2013, the Njord operator Statoil has been carrying out a detailed analysis of the platform’s structural integrity.
McDermott International, Inc. (“McDermott”) announced that one of its subsidiaries was awarded an Engineering, Procurement, Construction and Installation (EPCI) project for a customer in the Arabian Gulf. The value is approximately US$ 200 million and will be included in McDermott’s fourth quarter 2
Scira Offshore Energy Limited has commissioned Fugro EMU to perform hydrographic and geophysical monitoring surveys at the Sheringham Shoal Offshore Wind Farm site and along the export cable and transit routes. The wind farm site, consisting of 88 offshore wind turbine generators and two offshore su
Clough Limited today announced that Clough AMEC has been awarded a two year contract extension by ConocoPhillips to provide operations and maintenance services to the Bayu-Undan facilities, located in the Timor Sea. The contract extension has an estimated value of AU$150 million. Bayu-Undan consis
Dolphin has been awarded an additional 3D seismic contract in South America commencing in Q2 2014 and one 2D Seismic contract in West Africa commencing in December 2013. Both contracts are for non-disclosed clients. Furthermore, as communicated in recent earnings report, Dolphin continues its effort
Spike Exploration has launched compulsory offer for remaining Bridge Energy shares. Reference is made to the announcement dated 13 November 2013 in connection with settlement of the voluntary offer from Spike Exploration Holding AS to acquire all shares in Bridge Energy ASA not already owned by Spik
Royal Boskalis Westminster N.V. (Boskalis) and Royal Volker Wessels Stevin N.V. (VolkerWessels) have combined their forces in the field of offshore cable installation by establishing a 50/50 joint venture. The joint venture creates a strong party combining know-how and equipment allowing it to respo
Deep Down, Inc. (“Deep Down”), an oilfield services company specializing in complex deepwater and ultra-deepwater oil production distribution system support services announced it has received orders for Steel Tube Flying Leads and associated services in the Gulf of Mexico and West Africa. The first
Guangzhou Marine Geological Survey (GMGS) in China have awarded ATLAS HYDROGRAPHIC a contract to supply an ATLAS PARASOUND hull-mounted sub-bottom profiler with full ocean depth range capability for their vessel FEN DOU 5. The PARASOUND is a versatile sub-bottom profiler which is being operated by m
