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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

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

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

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.

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.

Vietnam Offshore Contract for EMAS AMC

EMAS AMC contracted by Petroleum Technical Services Corporation Mechanical and Construction to provide facilities for the Dua sub-sea field. Singapore-based EMAS AMC, the subsea division of EMAS, a leading global offshore contractor and provider of integrated offshore solutions to the oil and gas (O&G) industry, has been awarded a contract from Petroleum Technical Services Corporation Mechanical and Construction (PTSC M&C) for the transportation and installation of facilities for

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

Aker Kvaerner and Statoil Sign Agreement

Aker Kvaerner has signed a letter of intent with Statoil ASA to enter a five-year frame agreement for the delivery of subsea production systems and related operational services. The agreement will make Aker Kvaerner's subsea division a preferred supplier to deliver complete subsea solutions to Statoil's new field developments as well as additional equipment to new and existing fields. The frame agreement for aftermarket services is valid for new fields.

Fugro to Survey off Equatorial Guinea

Photo courtesy of Fugro

Fugro has been awarded a contract by Ophir Equatorial Guinea (Block R) Limited for the provision of survey services for the development of large scale assets and infrastructure offshore Equatorial Guinea.   Under the contract Fugro will deploy three of its specialist vessels - Fugro Searcher

Ulstein’s X-BOW Turns 10

subsea vessel  Island Performer (Photo: Ulstein)

While new designs often grab headlines, mature designs that have enjoyed success are perhaps better indicators of true progress in marine technology. When the Ultstein X-Bow made its debut 10 years ago, some scoffed at the unusual design characteristics

DOF Sells Skandi Inspector

Skandi Inspector (Photo: DOF)

DOF Subsea, a subsidiary of DOF ASA, has entered an agreement to sell the 1979-built multipurpose offshore vessel Skandi Inspector to an undisclosed international buyer.   The 80.8 m, 2,355 dwt vessel is expected to be delivered before end of 2015.

Subsea 7, Centirca Collaborate in Norway

Subsea 7 was awarded of a long-term agreement to provide support to Centrica throughout early phase Concept engineering, FEED, SURF project execution and Life of Field operations on an exclusive basis.   The agreement is applicable to the Centrica portfolio on the Norwegian Continental

DNV GL Wins Ichthys LNG Mega Project Contract

Photo: DNV GL AS

 DNV GL has secured a contract to provide in-service verification and classification services to a range of facilities at the Ichthys LNG project in Australia.   The contract marks INPEX’s commitment to continue working with DNV GL as it prepares to transition from the project

Ocean Installer in BP frame deal

Photo: Ocean Installer

 Ocean Installer has been awarded a Regional Framework Agreement with BP for subsea work in the Gulf of Mexico region.   The agreement covers subsea fabrication, transportation and installation of offshore facilities, as well as hook up and commissioning, and is valid for three years

Ulstein Systems Ordered for New Rock Installers

(Image: Ulstein)

Ulstein Power & Control announced it has been contracted by Chinese shipbuilder AVIC Weihai Shipyard Co. Ltd. to deliver power and control for two subsea rock installation vessels for offshore dredging and construction specialist Jan De Nul Group.  

Two Topaz OSCV Order for Vard

VARD 3 for Topaz Energy and Marine

  Vard Holdings Limited (“VARD”), one of the major global designers and shipbuilders of offshore and specialized vessels, has secured new contracts for the design and construction of two Offshore Subsea Construction Vessels (“OSCV”) for a new customer

2 Mobile WROVs with LARS for Swire Seabed

Kystdesign Supporter WROV and Lidan Launch and Recovery Systems

Subsea operation specialist, Swire Seabed, has placed an order for the acquisition of two Kystdesign Supporter Work-Class Remotely Operated Vehicles (WROVs) with Lidan Launch and Recovery Systems (LARS), for delivery in February 2016.  Swire Seabed has the option to purchase two more WROVs

NMA Prohibits CO2 Firefighting on MODU's

Lloyds Register logo blue.jpg

Statutory Alert: The Norwegian Maritime Authority (NMA) has updated Regulation No.227 on precautionary measures against fire and explosion on mobile offshore units, with effect from 1 January, 2015. Section 10.2.1 prohibits using carbon dioxide or other gases which are toxic to humans in the

ABB Orders Cable-laying Vessel

Illustration: Courtesy Salt Ship Design

ABB informs it has ordered a cable-laying vessel from Kleven shipyard in Norway. The new ship, scheduled to be delivered in 2017, will be custom-built to ABB specifications and measure approximately 140 by 30 meters.   “This next-generation vessel incorporating state-of-the-art ABB

Ceona Ship Goes to Court Appointed Administrator

Photo: Ceona

 UK offshore vessel owner  Subsea contractor Ceona has gone into administration, with the loss of 102 jobs.   Ceona and Ceona Services (UK) Ltd have been hit by the depressed subsea market caused by the low price of Brent crude oil.  

D’Appolonia Takes Majority Stake in SeaTech

Photo courtesy of RINA Group

D’Appolonia, the independent engineering consulting company of RINA Group, headquartered in Italy, announced it has acquired a majority stake in Fano-based SeaTech Srl. According to D’Appolonia, the acquisition aims to strengthen its position in the marine offshore oil and gas sector

Fugro to Install Cables for Rampion Wind Farm

The Fugro Symphony cable-lay vessel (Photo: Fugro)

Geotechnical, survey, subsea and geosciences services firm Fugro informs it has secured a contract for the installation and burial of array cables at the Rampion Offshore Wind Farm being built in the English Channel, 13 kilometers off the Sussex coast, by E

Technip Awards EPIC Offshore Malaysia Contract from Petronas

Image: Technip SA

 French oilfield services provider Technip SA  said it has been awarded an engineering, procurement, installation and commissioning contract by PETRONAS Carigali Sdn Bhd or PCSB for D18 Project.    The project covers the procurement and installation of two 8” water

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