The last pipe in Statoil’s Polarled pipeline has been laid this week in the Norwegian Sea, with the project coming in at 32% under budget. The pipeline was laid by the world's largest pipelaying vessel: Solitaire from Allseas…
VBMS, a strategic joint venture of VolkerWessels and Boskalis, successfully completed the offshore installation of an 18.5km control umbilical for Wintershall Noordzee B.V. The umbilical connects platform RAVN to A6A, located in the Danish and German sectors of the North Sea…
UTEC provided a positioning solution for the installation of a monopod liquid natural gas platform and 30km 10in LNG pipeline for a major operation located in Alaska’s Cook Inlet. A total of 24 field personnel were mobilized and engaged…
Image from DOF Subsea. DOF Subsea has been awarded several major contracts with a total value in excess US$351 million (NOK 3 billion), including options, securing both short-term and long-term utilization of assets and personnel…
SBM Offshore's main Brazilian subsidiary has received written notification from Petrobras of its ability to participate in the recently issued Libra and Sépia FPSO tenders in Brazil. This follows a thorough review of the group’s compliance standards by Petrobras…
Dubai-based Topaz Energy and Marine awarded Singapore-listed shipbuilder Vard Holidings (VARD) two new contracts, which exceed US$100 million, for the construction of two offshore subsea construction vessels (OSCV) this week. Image from VARD…
Shell is ceasing further exploration offshore Alaska after the company's Burger J prospect failed to prove oil, resulting in a multi billion dollar write-down. The Transocean Polar Pioneer “Shell…
Ezra Holdings Ltd. announced the stepping down of Capt. Adarash Kumar from the board of Ezra as an executive director, as well as the cessation of his position as chief operating officer (CEO) effective 25 September 2015. Kumar will take up the role of CEO at EMAS Offshore Ltd…
According to Douglas Westwood's new 'World Subsea Vessel Operations Market Forecast 2016-2020' report, the recent volatility of hydrocarbon prices, coupled with excessive newbuilding programs will result in low utilization impacting day rates and overall expenditure over the forecast period…
Njord Offshore have taken delivery of Njord Magni – the third 26m Quad IPS crew transfer vessel (CTV). Njord Magni is the third of four sister vessels to be delivered to Njord Offshore this year and is due to be shipped back to Europe from Singapore with Njord Thor in October 2015…
Eidesvik Offshore and Technip have entered into an agreement for the charter of the offshore construction vessel MV Viking Neptun for work to be performed on the TEN URF Development Project offshore Ghana. The firm contract period…
Husky Oil Operations Ltd. pulled the plug on its drilling contract with Seadrill for the West Mira vessel one week after Seadrill canceled the newbuild’s order with Hyundai Heavy Industries (HHI). West Mira illustration…
A hike in Petróleo Brasileiro’s (Petrobras) average production in oil and natural gas, in addition to pre-salt for the month of August set historic records for the Brazilian giant. Oil. Image from Petrobras…
A joint venture between Harkand and Consolidated Shipping Agencies (Conship) Ltd. has resulted in its first contract win in Ghana, West Africa. The award will see the delivery of onshore and offshore support to Technip in the region. Having formed a strategic alliance with Conship…
ABB ordered a new cable-laying vessel to be custom-built to ABB specifications and measure approximately 140m by 30m, and be constructed at Kleven shipyard in Norway. Delivery is expected in 2017. Image…