Marine link
 

Subsea Contract

Aker Kvaerner Wins Subsea Contract

Aker Kvaerner signed a letter of intent with Aker Floating Production in January 2007 and has now signed the final contract to deliver a complete subsea production system to Reliance Industries in India. The value of Aker Kvaerner's contract is in excess of $300m. The subsea production system will be installed at 1100-1400 meters water depth and includes trees, manifolds, controls, umbilicals, flowlines and risers. The contract will be booked as order intake in the second quarter of 2007.


Subsea Contracts Galore for Ezra

Ezra Holdings announces multiple contracts, worth + US$160-million, for its subsea, offshore & energy services divisions. Ezra divisions, EMAS AMC, EMAS Marine and EMAS Energy have been awarded multiple contracts for projects in the North Sea and Asia Pacific. The average tenor for all contracts is approximately 2.6 years including options. EMAS AMC has been awarded several new contracts and options worth up to US$85 million in aggregate for several projects in the North Sea and Asia


Subsea 7 Announces Contract With Petrobas

Subsea 7 Inc announced today that it has been awarded a contract by Petrobras America, a subsidiary of Petrobras for installation works in the deepwater Cascade & Chinook fields in the Gulf of Mexico. The contract is valued at $50 million. Subsea 7 will engineer and install 229658 ft. of power cables and control umbilicals and fabricate and install 16 jumpers in the Cascade & Chinook fields, located at Block 425 of Walter Ridge area in water depths ranging from 7545 ft.-9842 ft.


Boskalis Posts Record Profits

Peter Berdowski, CEO. Pic with compliments from Boskalis

  Royal Boskalis Westminster N.V. (Boskalis) achieved net profit of EUR 490 million in 2014.   Revenue rose by 1 per cent to EUR 3.2 billion (2013: EUR 3.1 billion).   EBITDA rose by 25 per cent to EUR 946 million (2013: EUR 757 million) and the operating result (EBIT) was up 41 per cent at EUR 652 million (2013: EUR 463 million).   Across the board, 2014 was an operationally strong year with in addition a large number of exceptional items for a total amount on


Technip Wins Subsea Contract on Triton FPSO

Floating Production Storage and Offloading Unit Courtesy Technip

  Technip has been awarded a brownfield subsea contract for the Triton(1) floating production storage and offloading (FPSO) vessel, operated by Dana Petroleum, located in the central North Sea. This FPSO vessel is located 193 kilometers east of Aberdeen, at a water depth of approximately 90 meters. It produces oil and gas from different fields - Bittern, Guillemot West and North West, Clapham, Pict and Saxon, which are tied back to the FPSO vessel via subsea facilities comprising a


DOF Awarded IMR, Subsea Installation Work

Photo: DOF Group

DOF and DOF Subsea have been awarded several IMR and subsea installation contracts in the Asia Pacific and Atlantic regions, with a total contract value of approximately NOK 270 million (about $23.8 million USD). The contracts will secure utilization of the subsea project fleet in the regions.   In Asia Pacific, OMV New Zealand has awarded DOF Subsea an IMR contract, where the scope of work includes inspection and work on eight mooring lines on the Maari field’s FPSO, Raroa


Global Deepwater Market is Buoyant

The Global deepwater market is strengthening according to Quest Offshore Resources Inc.'s soon to be published Global Subsea Production Umbilical Report. The majority (65%) of identified forecast subsea wells across the globe are in deepwater (greater than 0-1,650 FSW (0-500 MSW)). With respect to ultra-deepwater subsea production, the present share of forecast subsea trees worldwide over 3,437 FSW (Feet Sea Water) or 1,200 MSW (Meters Sea Water) is 39%.


Subsea 7 Gets $100m Contract with StatoilHydro

Subsea 7 Inc has been awarded a $100m contract from StatoilHydro for engineering, procurement, construction and installation of the Troll B Gas Injection project in the Norwegian sector of the .  The Troll B Gas Injection project will be developed with two separate subsea satellite wells, located respectively 3.5 km and 6.5 km south of the Troll B platform.  The wells will be connected to the Troll B platform by a single gas injection pipeline and a control umbilical.


Fugro Get Shell Malaysia US$250-Million Subsea IMR Contract

Fugro Saltire: Photo courtesy of the owners

The Netherlands-based Fugro Subsea Services inform they have been awarded a long term contract by Sarawak Shell Berhad / Sabah Shell Petroleum Company Limited (Shell) for the provision of underwater inspection, maintenance and repair (IMR) services at their subsea infrastructure across Malaysia. The contract will run for five years with options to extend. Fugro will establish a project office in Miri and a support facility in Labuan


Reach Bags Technip ROV Work

Reach Subsea has secured a deal worth up to Nkr70 million

  Reach Subsea has secured a deal worth up to $10.3 million with Technip to provide remote-operated vehicle services on a newbuild subsea construction vessel to be supplied by Eidesvik Offshore. Eidesvik Offshore and Reach Subsea have in partnership entered into a firm contract with Technip in Norway. Reach will execute the contract using Eidesvik Offshore's newbuild TBN Viking Neptun, equipped with Reach ROVs and manned by Eidesvik marine personnel and Reach ROV personnel and


Subsea 7 to Exit Singapore for Kuala Lumpur

Photo: Subsea 7

 Rising costs of doing business in Singapore has forced Subsea7 to switch its regional headquarters from the city to Kuala Lumpur (KL), says a report in Business Times.   Against a backdrop of persistently low oil prices, fresh concerns have emerged over Singapore's competitiveness as


FUGRO Wins BHP Pyrenees Contract

Photo: FUGRO

Fugro has been awarded a contract by BHP Billiton Petroleum Pty Ltd for the Pyrenees Phase 3 Installation Project.   The Pyrenees development is located offshore Western Australia, in approximately 200 metres water depth, 45 kilometres northwest of Exmouth


Happy 50th Birthday, Greg Trauthwein

“Throwback Thursday” from the Maritime Reporter archives: Greg at the wheel on a sailing excursion off the coasts of Italy and France in August 2011

Greg Trauthwein, Editor and Associate Publisher, today celebrates his 50th birthday. Since first manning the editor’s desk at New Wave Media’s flagship publication Maritime Reporter & Engineering News in 1992, Greg has helped grow the publishing house’s offering of world


Damen Builds Cable Installer For Maersk Supply Service

Photo: Damen

New Damen-built vessel for Maersk Supply Service to undertake long-term charter with DeepOcean   A newbuild DP2 cable installation vessel, Maersk Connector, was handed over from Damen Shipyards Group to Maersk Supply Service on February 4, 2016


Bibby Offshore Clinches BP Contract

Howard Woodcock Photo Bibby Offshore

  Bibby Offshore, a leading subsea services provider to the oil and gas industry, has been awarded a multimillion pound contract by BP to replace subsea infrastructure in the Central North Sea.   The work is part of the $1billion Eastern Trough Area Project (ETAP) Life Extension


Marin Teknikk Design for Ultra Deep Offshore’s DSCV Newbuilds

Photo: Marin Teknikk AS

 Marin Teknikk has entered into a contract with Wuchang Shipbuilding Industry Group for delivery of Design & Engineering of two Diving & Construction vessels for Ultra Deep Offshore Ltd. in Singapore. The vessels are a newly developed MT6023 DSCV design


Offshore Prospects for 2016: Playing the Waiting Game?

Photo: Douglas-Westwood

This year, the offshore oil and gas industry has had to come to terms with the worst downturn for more than a decade. With commodity prices plummeting to an 11-year low in December, market research and consulting firm Douglas-Westwood (DW) reflects on the year gone by and considers the outlook for


ABS: New Guidance for Certifying Lifting Appliances

Updated Guide includes latest industry standards.   [PRESS RELEASE] (Houston) ABS has published a new edition of the ABS Guide for Certification of Lifting Appliances that includes construction and operation of modern lifting appliances.  


Subsea 7 Secures Contract Offshore Egypt

Rockwater 2 (Photo: Subsea 7)

Offshore services provider Subsea 7 S.A. announced today it has been awarded a contract from Burullus Gas Company S.A.E. for the platform extension and tie-in on the first phase of the West Nile Delta development of the Taurus and Libra fields by BP, offshore Egypt.  


Statoil Inks Subsea pacts with Duo

Johan Sverdrup Field Centre - Photo Statoil

  Statoil Petroleum AS has signed Master Service Agreements with Aker Solutions ASA and OneSubsea Processing AS. The agreements signed form the basis for potential new EPC contracts (engineering, procurement and construction) for subsea equipment in the medium term future


Royal IHC Launches Seven Cruzeiro, Names Seven Sun

Seven Cruzeiro (Photo: IHC)

Royal IHC has named and launched the 550t top tension capacity pipelay vessel, Seven Cruzeiro, at its shipyard in Krimpen aan den IJssel. This is the final pipelaying vessel in a series of three ordered by Subsea 7, and the naming ceremony was performed by Sally Rosa, wife of Ricardo Rosa


Tidewater Subsea Charters MV Brandon Bordelon

MV Brandon Bordelon (Photo: Bordelon Marine)

Tidewater Subsea has reached a deal with Bordelon Marine to charter the newly built Jones Act compliant MV Brandon Bordelon for 60 days, plus options. The vessel is intended to be available to work in the U.S. Gulf of Mexico, Mexico and Trinidad, Bordelon Marine said.


Farstad Bags Petrobras Contract

BOS Turquesa. Photo by Farstad Shipping ASA

 Norwegian provider of offshore service vessels for the oil and gas industry Farstad Shipping ASA has entered into two charter contracts in Brazil.   Both vessels were hired by the Brazilian state-owned oil and gas company Petróleo Brasileiro, more commonly known as Petrobras.


C&W Networks Selects Xtera for Submarine Cable Upgrade

Submarine Cable Systems. Pic: Xtera

 C&W Networks, part of Cable & Wireless Communications (CWC), the largest telecommunications service provider across the Caribbean, Central America, Mexico and United States with more than 48,000 miles of subsea fiber-optic network has selected Xtera Communications, Inc


TE Debuts Subsea CiA LVDT Position Transmitter Featuring CANopen Interface

Macro-Sensors-CiA443-PR Credit TE Connectivity

TE Connectivity (TE), a world leader in connectivity and sensor solutions, today announced a new Macro Sensors SSBR-937 Series CANBus LVDT Position Sensor with a  CANopen interface compliant to CiA 443 for subsea instruments. The CiA 443 CANopen profile offers more interoperable and






 
rss feeds | archive | privacy | history | articles | contributors | top news | contact us | about us | copyright