Search News

Latest News

19 December 2014

Statoil Makes Discovery at Krafla North

Exploration drilling on the Krafla North prospect in PL 035 is about to be completed. Det norske is partner with 25 percent working interest. Exploration well 30/11-10 encountered an 80 meter oil column in the Tarbert formation and a 20 meter oil column in the Etive formation.The well is drilled…

19 December 2014

FMC Technologies Awarded $393 Million Subsea Systems Contract

FMC Technologies Awarded $393 Million Subsea Systems Contract for Eni's Block 15/06 East Hub Project Offshore AngolaFMC Technologies, Inc. announced today that it has received an order from Eni Angola to supply subsea production systems for its deepwater Block 15/06 East Hub development. The order has an estimated value of…

18 December 2014

Mermaid Maritime Wins Two-Year Charter in Gulf of Thailand

Mermaid Maritime has secured a USD 50m two-year contract for its dive support vessel, Mermaid Commander, to provide subsea construction support in the Gulf of Thailand for a repeat international fabrication and installation contractor whose end customer is a major international upstream oil and gas operator.The two-year contract will be…

18 December 2014

Teekay Offshore Awarded New FPSO Contract

Teekay Offshore Partners L.P. announced that it has entered into an agreement with a consortium led by Queiroz Galvão Exploração e Produção SA (QGEP) to provide a floating production, storage and offloading (FPSO) unit for the Atlanta field located in the Santos Basin offshore Brazil.In connection with the contract with…

17 December 2014

FMC Technologies to supply subsea systems for Chevron

FMC Technologies has received an order worth $268 million from Star Deep Water Petroleum Limited (a Chevron company), operator of the Agbami field, to provide subsea equipment for operations in the Agbami field, offshore Nigeria.The Agbami field is located 70 nautical miles (113 km) off the coast of the central…

17 December 2014

Development plan for Gullfaks Rimfaks Valley Submitted

Statoil and its partners have decided to develop the Rutil discovery located in the Gullfaks Rimfaks valley in the North Sea. Providing close to 80 million barrels of oil equivalent, the development will extend the lifetime of the Gullfaks A platform.The plan for development and operation (PDO) was submitted to…

17 December 2014

Subsea 7 Awarded Gulf of Mexico Installation Contract

Subsea 7 has been awarded a contract by the Hess Corporation for installation work in support of the Stampede Project in deepwater US Gulf of Mexico.The scope of work involves installation of flowlines, steel catenary risers, umbilicals, jumpers and associated subsea architecture which tie-back two drill centres to a tension…

16 December 2014

Aker Solutions Wins Hook-Up and Commissioning Contract for Mariner Development

Aker Solutions Wins Hook-Up and Commissioning Contract for Mariner DevelopmentDecember 15, 2014 - Aker Solutions 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…

11 December 2014

Bibby Subsea to Receive ‘Olympic Ares’

Bibby Offshore's Houston-based division, Bibby Subsea, is proud to welcome the Olympic Ares, a multi-functional subsea construction support vessel (CSV) which is due to arrive in the port of Galveston on 16 December 2014. The 115 metre Olympic Ares is an extremely capable vessel, with specifications including a 250 tonne…

10 December 2014

Jumbo Offshore wins Wheatstone Contract

Jumbo signed a contract with Technip Oceania for the Installation of 13 subsea structures for Chevron's Wheatstone Project, offshore Australia. The subsea structures comprise of Pipeline Termination Structures (PTSs), SSIV structures, Tee Protection Structures (TPSs) and Drill Centre Manifolds. The manifolds, to be installed at a maximum water depth of…