Hyundai Heavy Industries (HHI) has received a letter of award (LOA) from Abu Ahabi Marine Operating Compnay for a US$1.94 billion order for the second package of the Nasr Full Field Development Project. Under the LOA, HHI would undertake engineering…
Van Oord’s new DP2 cable-laying vessel Nexus was successfully launched at Damen Shipyards in Galati, Romania on 30 June 2014. The 123m multipurpose vessel will be deployed installing electrical cables for offshore wind farms. With a beam of almost 28m and a dynamic positioning system…
Drydocks World announced the completion of a major refurbishment carried out on National Drilling Company’s (NDC) offshore drilling rig Al Ghallan. The project is part of a series of four rig repair and refurbishment projects signed with NDC in 2013…
Inpex subsidiary Teikoku Oil (North America) has acquired an additional stake in the deepwater Lucius field, located in the US Gulf of Mexico, the company announced on 9 July 2014. The Japanese explorer entered the Lucius partnership in 2012 after acquiring 7…
Technip announced it has been awarded a new framework agreement by Statoil, Exxon Mobil and Gassco for diving, subsea intervention and repair contingency services. Under the terms of this framework agreement, a replacement of an existing frame agreement held for eight years…
Houston based oil, gas and water treatment specialist, ProSep has launched a new manufacturing service for third party clients at its purpose-built fabrication facility on Clara Road. ProSep has the capability to construct large structural fabrications…
Fugro took delivery of the newbuild Fugro Proteus from Damen Shipyards, the first of three Fugro offshore coastal survey vessels (FOCSV) scheduled for delivery in 2014, both companies announced on 4 July 2014. The compact survey vessel is capable of undertaking a wide range of survey…
The American Bureau of Shipping (ABS), a provider of classification services to the global offshore industry, has entered into a joint development project (JDP) with South Korea’ s Daewoo Shipbuilding & Marine Engineering (DSME) to develop the industry’ s first LNG-fueled drillship…
The Ministry of Construction, Housing and Utilities of the Russian Federation has granted a construction permit to Amsterdam’s South Stream Transport for the South Stream gas pipeline. The pipeline will originate in Russia, pass under the Black Sea…
Statoil (UK) has awarded two five-year contracts to two UK firms for the Mariner ultra-heavy oil field, in the East Shetland Platform in part-block 9/11a in the UK North Sea. Aker Solutions' Aberdeen operations will perform maintenance and modification services for the US$7 billion project…
Subsea 7, announced it has received a delivery of a consignment of acoustic release transponders and accompanying heavy duty release frames from Sonardyne International Ltd. The Oceanographic Release Transponders (ORTs) will be used, up to 17 at a time…
Ceona, a SURF and heavy subsea construction contractor, announced it has appointed Jean-Luc Laloë to its advisory committee. With over 35 years of experience in the offshore engineering and construction industry, Jean-Luc Laloë has assumed a variety of positions in areas such as engineering…
Inpex’s Australian Ichthys LNG project has reached 50% completion less than two-and-a-half years after its final investment decision was made, the Japanese operator announced on 25 June 2014. The company said that the semisubmersible pipelay…
Technip has been awarded two contracts by Maersk Oil for the Valdemar and Roar gas lift project as well as the Rolf replacement pipeline project, on the Danish Continental Shelf, 250km offshore Esbjerg, Denmark. The scope of work will…
Russian based Rosneft announced a joint venture agreement regarding implementation of vessel, drilling rig, and marine equipment construction and design projects that was signed at the 21st World Petroleum Congress on 16 June. The joint venture was entered by Rosneft…