At the Saint-Petersburg International Economic Forum, Sovcomflot – Russia’s largest shipping company, OAO Novatek – the leading independent natural gas producer, and the state corporation “Bank for Development and Foreign Economic Affairs” (Vnesheconombank) signed a memorandum on cooperation as part
Hydrasun, a leading specialist provider of integrated fluid transfer, power and control solutions to the global energy market, has secured a five-year contract with two, one year extension options, for the continued supply of Flexible Hose Assembly (FHA) and Small Bore Tubing (SBT) integrity managem
Subsea services and technology products company Cortez Subsea announced an exclusive contract with Egyptian information solutions firm, MCS. MCS has been developing and providing data acquisition and management software services for underwater inspection to meet the needs of oil and gas companies fo
GE has announced it has received an order to provide four LM2500+G4 aeroderivative gas turbine packages for a new floating production, storage and offloading (FPSO) platform, for the offshore Brazil oil and gas sector. GE will supply the equipment to Mitsui Ocean Development & Engineering Co., Ltd.,
Solstad Offshore ASA (SOFF) has signed a new contract with Oceaneering International Inc for hire of SOFF’s offshore construction vessel (CSV) “Normand Flower”. The duration of the contract is firm for 3 years with further 3 yearly options. Commencement is directly after completion of present charte
Otto Energy Limited, as Operator of the producing Galoc oilfield Joint Venture offshore the Philippines, provides the following update on studies that have recently been undertaken on the further exploration potential at the Galoc field. Studies undertaken since new high resolution 3D seismic data w
Aker Solutions has won a frame agreement from Statoil to supply, refurbish and store compensation equipment used to stabilise and control the production risers on the Heidrun platform in the North Sea. The contract value is undisclosed. Production risers are vertical pipelines between the seabed and
GE Oil & Gas today announced it has been awarded a $147 million engineering, procurement and construction (EPC) contract from Statoil. Under the contract, GE will supply subsea production and injection equipment for Statoil’s Snøhvit carbon dioxide (CO2) injection project, designed to provide a robu
The contract for Engineering Office to support Elia Asset NV in the design, development and realization of the Artificial Island, called Alpha, part of the Belgian Offshore Grid (BOG), in the North Sea has been awarded to IMDC. This grid consists of 2 OHVS platforms and the necessary submarine inter
Seatronics Ltd., an Acteon company, announces the purchase of more than $1.5 million of advanced sonar imaging systems and associated equipment from EdgeTech. The purchase is part of a multi-million dollar investment by Seatronics which will expand the world’s largest marine equipment rental fleet.
STATS Group has successfully completed an isolation project on TAQA’s Brent pipeline at Sullom Voe terminal in the Shetland Islands. BP required to undertake a valve refurbishment operation on the 36” Brent Pipeline Pig Receiver while the pipeline remained in normal operation. Aberdeen-based special
Technip was awarded by Petrobras a major contract for the supply of flexible pipes for the Iracema Sul (former Cernambi Sul) field, located in the Santos Basin pre-salt area, Brazil at a water depth of up to 2,500 meters. The contract covers the qualification and supply of up to 250 kilometers of fl
Reef Subsea today announced its subsea services division, based in Bergen, Norway, has secured a third subsea construction contract in West Africa and is now sending a second vessel to the region. The project, for regional offshore contractor Stapem Offshore, will include cable lay duties on Palanca
Helix Energy Solutions Group, Inc. announced that it has closed the previously announced sale of its pipelay vessel, the Caesar, to Trevaskis Ltd. Cash proceeds of approximately $108 million of the total selling price of approximately $138 million were received at closing; the Company had previously
