Subsea 7 has extended the contract for Skandi Neptune with one year from March 2014. Skandi Neptune is a contruction support vessel, capable of operating in water depths up to 3,000 meters. The vessel is equipped with a 250 mt crane and 2 ROVs. Press Release, July 04, 2013; Image: Subsea 7
Subsea 7 S.A. announced the award of a contract with a value (at the time of contract signature) of approximately U$400 million from Petrobras. The contract is for the operation of the Pipe Lay Support Vessel (PLSV) Normand Seven on a day rate basis for around five years, with operations starting in
Chiyoda Corporation (“Chiyoda”) and Xodus Group (Holdings) Limited (“Xodus Group”) announce that they have formed a strategic capital alliance, with Chiyoda having acquired the majority of shares in Xodus Group from the previous investors, Sunrise Xodus B.V. and Simmons Parallel Private L.P. The inc
Wood Group PSN (WGPSN) has secured its sixth major North Sea contract extension this year. The latest award comes in the form of a three-year contract from Nexen Petroleum UK Limited to deliver operations, maintenance and technical support services to the Scott and Buzzard platforms. The contract al
Scandlines and STX Finland Oy have signed a Letter of Intent (LOI) for building two new ferries for the route Rostock (Germany) – Gedser (Denmark) for delivery in spring 2015. The project will bring some 1,000 man-years of work for STX Finland and its subcontracting network. The ferries will be doub
Aker Solutions’ subsidiary Managed Pressure Operations will deliver managed pressure drilling (MPD) systems and riser gas handling services to Repsol Sinopec Brazil. The parties agreed not to disclose the value of the order. The three-year contract comes with an option for an additional two years of
Santos GLNG and QGC have signed an agreement that supports plant operation flexibility and efficiency for the life of both LNG projects. The agreement links both projects’ major pipelines in two places – one on the western side of The Narrows Crossing near Mt Larcom in central Queensland, and one on
FMC Technologies, Inc. announced today that it has received an order from Petrobras, Brazil’s national oil company, for the supply of subsea trees for its pre-salt fields, located offshore Brazil. The value of the award is estimated at $500 million and represents the call-off of the remaining value
SPEX Group, an Aberdeen-headquartered provider of innovative technology solutions and services to the global oil and gas industry, has secured a further multi-million dollar contract with Shell for the development of a subsea tool. The revolutionary Emergency Severance Tool (EST) is due to undergo f
Deepwater mooring specialist, First Subsea has been awarded a contract by LLOG Exploration to supply the subsea mooring connectors for the Delta House semi-submersible floating production system (FPS) in the Gulf of Mexico. The FPS will be located in Mississippi Canyon 254 in 4,500ft (1,373 m) water
Unique Hydra, a Unique Maritime Group (UMG) company which is one of the world’s leading integrated turnkey subsea and offshore solution providers has recently signed an agreement with In Situ Site Investigations (In Situ) based in Battle East Sussex, United Kingdom to offer rental Cone Penetration T
Wärtsilä, the marine industry’s leading solutions and services provider, has been contracted to supply a combined inert gas generator and gas combustion unit for two new liquefied natural gas (LNG) carriers being built at the DSME yard in South Korea. The ships will be owned by Canada based Teekay C
GE and Gazprombank recently signed a memorandum on strategic cooperation aimed at developing the Russian oil and gas sector. The cooperation agreement defines key areas of collaboration in oil and gas and other energy projects in Russia. They include the joint development of a 16-megawatt (MW) gas t
Australian oil and gas company Tap Oil Limited today announced that the 17½” (444.5mm) hole section of the Ophir Energy-operated Starfish-1 oil exploration well in the Offshore Accra Contract Area, Ghana, was drilled to final total depth. The 13 ⅜ ” ( 340 mm) casing was run and set at 3,035 metres a
