DOF Subsea has been awarded several ROV and diving contracts for the Skandi Achiever vessel in the North Sea and the North America region, securing utilization of the vessel until end-October 2016. Following completion of ongoing commitments in the North Sea…
Subsea inspection, maintenance and repair provider, N-Sea and subsea projects and engineering provider, DOF Subsea have entered into a two-year cooperation agreement to provide an Integrated Saturation (SAT) Dive Service. The cooperation…
DOF Subsea has been awarded more than US$61.6 million (NOK 500 million) in IMR and subsea installation contracts in several regions, including key work on Eni's OCTP project offshore Ghana. DOF was awarded an FPSO mooring installation…
New business models able to handle ongoing volatility in the oil price are set to be the future of the North Sea industry, according to the CEO of Det Norkse. Karl Johnny Hersvik is set to lead a new company, Aker BP, which has been described as a “super independent…
DOF subsidiary DOF Rederi has entered into agreements with both Nexen Petroleum UK and Maersk Oil North Sea UK for charter contracts in the North Sea. With Nexen, a contract is scheduled to start in May for the Skandi Marstein in the North Sea…
Baker Hughes says it expects to make some US$500 million annual savings by the end of 2016, as part of measures it is taking following the collapse of its proposed $34.6 billion merger with Halliburton. The initial phase of the cost reduction…
Vessel builder VARD, vessel operator DOF and subsea firm Technip celebrated the christening of the newbuild Skandi Açu pipelay support vessel (PLSV) at Dutch offshore equipment manufacturer and engineer Huisman in the Netherlands. The…
Mexico’s Ministry of Economy has opted to set a low local content requirement for the upcoming deepwater bid round in December. The new rule, announced in Mexico’s official journal of the federation (DOF), says oil and gas companies must…
As easy oil depletes all over the world, Middle Eastern producers are turning to digital oilfield technology to not only enhance recovery but make finds economical to produce. Heather Saucier investigates the region’s technological gains…
Owners of significant floating assets are continuing to feel the pinch in the offshore market as rates sink to “unsustainable levels.” Floating production specialist BW Offshore says it is cutting its onshore staff by 35%, while Norwegian…
DOF Subsea inked US$30.8 million (NOK 270 million) in IMR and subsea installation contracts in the Asia Pacific and Atlantic regions that will use the company’s subsea project fleet. Skandi Hercules…
Image: Skandi Protector/DOF Subsea DOF Subsea has entered into agreement for the sale of Skandi Protector to the commonwealth of Australia. Delivery to new owners is expected in Q1 2016 and the sale will release approximately US$34…
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…
Newbuild flexible lay and construction vessel, Skandi Africa, has joined the industry leading Technip fleet, following the signing of the on-hire agreement in Schiedam, Netherlands on 5 October. The ship, owned by DOF Subsea, has now begun her five-year charter commitment…
DOF Subsea North America has been awarded an inspection, maintenance, and repair (IMR) contract with Freeport McMoran for a period of six months firm. The operations will commence immediately and the vessel Harvey Deep Sea will be utilized under the contract…