Wärtsilä, the marine industry’s leading solutions and services provider, has been contracted to supply its Direct Electric Heating (Wärtsilä DEH) system for Chevron Overseas Congo Limited’s Lianzi offshore development project, located off the Republic of Congo and Angolan coasts. The 9000kW system will be used to heat the 43 km long subsea production pipeline between [...]
Italy’s Saipem announces that it has already exceeded 50% of its new contract acquisition target for 2013 in the Engineering & Construction (E&C) Business Unit. The total value of new contracts acquired from January 2013 to date in the E&C Business Unit (some of which will be communicated in the next weeks) is approximately €6.1 [...]
Singapore’s Sembawang Shipyard has acquired all the membership interests in Equinox Offshore Brazil Cooperative U.A and shares in Equinox Offshore ARV3 BV as EO ARV3 was unable to fulfill its payment obligations for the conversion of the accommodation and repair vessel ARV3 by Sembawang Shipyard. The ARV3 is a diesel electric DP2 high-specification vessel that is [...]
Oceaneering International, Inc. announced that it has secured a contract from Saipem to supply umbilicals for the Burullus West Delta Deep Marine Phase IXa development located offshore Egypt. The order consists of ten subsea production control umbilicals totaling approximately 84 kilometers (52.2 miles) in length and two electrical power cables totaling approximately 55 kilometers (34.2 [...]
Subsea 7 S.A. today announced a contract award by Pemex to its Mexican joint venture valued at approximately $90 million. The contract comprises the engineering, fabrication and installation of an 8km pipeline, related risers, two slug catchers1 and two cantilever structures for the Line 67 Project in the Bay of Campeche, offshore Mexico. This is [...]
Wood Group Kenny (WGK) has been awarded a multi-million dollar engineering contract for a major new project in Australia. GDF SUEZ Bonaparte Pty Ltd (GDF SUEZ), a subsidiary of French energy giant GDF SUEZ S.A., operator of Bonaparte LNG project has awarded WGK a contract for a (pre-FEED) subsea concept definition study for the Bonaparte LNG [...]
Market-leading energy services company Proserv has won a multi-million dollar contract in Angola, underpinning the company’s fast-evolving subsea status and increasing demand for its sampling system innovations. Proserv is to design and manufacture a subsea sampling system for BP’s PSVM field development which, with a water depth of 2,000 metres, is believed to be the [...]
Mubadala Petroleum has decided to further extend the Songa Venus rig contract to cover an additional two firm wells and two option wells in Vietnam under the current contract terms and conditions. The two additional wells have a total estimated duration of 80 days and corresponding revenue of approximately USD 19 million. The Venus program [...]
The Platform Supply Vessel Blue Thunder was named at Ulstein Verft in Norway today, 8 May 2013. The ship is the fourth of six PX121 designs for Blue Ship Invest, and HR director Torild Bugge in Ulstein Group was the Lady Sponsor. Blue Thunder will be operated by Atlantic Offshore and has received a four-month [...]
Mexico’s national oil and gas company Pemex has hired an offshore drilling rig from Carso Group. The Carso Group is owned by the riches man in the world, Carlos Slim, whose net worth is, according to Forbes, estimated at $73 billion. Under the agreement, Pemex will operate the rig on a seven year contract and will [...]
