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Saipem Bags USD 487M Worth of Contracts

April 20, 2016

Italian contractor Saipem has been awarded new E&C (Engineering & Construction) contracts valued at approximately €430 million ($487 million). The first is a contract with Statoil, for the lift and mating operations of offshore floating wind turbines for the Hywind Scotland project. The 30 MW project is the first floating wind farm being built by Statoil off… Continue Reading »

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Partrac Secures Dudgeon Metocean Contract

April 20, 2016

Partrac has been selected by Statoil to provide real-time wave and current measurement services for the Dudgeon offshore wind farm. Partrac has been contracted to manage the deployment and maintenance of the equipment and the delivery of real-time waves and current data over the duration of the construction phase of the development. The company chose a… Continue Reading »

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Aker Solutions Grabs Petrobras Prize

April 19, 2016

Aker Solutions has secured an agreement to provide maintenance and other services for subsea facilities at Petrobras-operated oil and gas fields offshore Brazil. The contract is for a fixed term of three years valued at BRL 435 million net of taxes (NOK 1 billion) and may be extended by another three years. It covers maintenance,… Continue Reading »

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Saipem Lands Trans Adriatic Pipeline Contract

April 16, 2016

Saipem has been awarded a new contract regarding the offshore section of the Trans Adriatic Pipeline project. The contract has been awarded by Trans Adriatic Pipeline AG, a joint venture between BP, SOCAR, Snam S.p.A., Fluxys, Enagás and Axpo. The EPCI contract (Engineering, Procurement, Construction and Installation) involves the installation of a gas pipeline between… Continue Reading »

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Huawei Marine to Upgrade Pakistani TW1 Subsea Cable

April 10, 2016

Huawei Marine has been contracted by Transworld Associates (TWA), a Pakistani Tier 1 internet provider, to upgrade its submarine cable system, TW1. Commissioned in 2006, the 1,300 km TW1 submarine cable system connects Pakistan, United Arab Emirates and Oman. The 100G upgrade will combine submarine and terrestrial systems into a unified network by utilizing Huawei’s WDM/OTN… Continue Reading »

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Island Offshore Sending Two Ships on Draugen Job

April 8, 2016

Island Offshore has secured work for two of its vessels, Island Valiant and Island Constructor, at the Draugen field for Norske Shell. Island Valiant will start with IMR work (Inspection, Maintenance and Repair) on three wells in April, preparing the wells for the work which Island Constructor will perform later this summer. The time frame… Continue Reading »

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Kenya Set for Busy Year in Oil, Gas Exploration

April 5, 2016

Amidst a flurry of farm-in activity, several drilling and data acquisition operations are scheduled to take place in Kenya this year in an effort to turn the East-African nation into a significant oil and gas producer. Tullow Oil plc is on the verge of testing a basin bounding structural closure in Kenya’s previously undrilled Kerio… Continue Reading »

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Aqualis Offshore Secures Race Bank Deal

March 31, 2016

Aqualis Offshore has been contracted by A2SEA to perform engineering consultancy services for its offshore wind farm installation work at the DONG Energy’s Race Bank offshore wind farm. Aqualis Offshore’s London-office will provide engineering services including geotechnical and structural site assessments where A2SEA’s SEA INSTALLER jack-up vessel will install the 91 Siemens 6MW wind turbines… Continue Reading »

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Switzerland To Hand Venezuela Oil Firm Bank Records To US

March 31, 2016

In a widening corruption probe into Venezuela’s state oil company by U.S. authorities, Swiss regulators have agreed to provide U.S. prosecutors with records from at least 18 banks relating to the oil firm. The requests for information from two separate U.S. authorities were part of their investigations into alleged money laundering and corruption in connection… Continue Reading »

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Aker Solutions Clinches Subsea Contract from BP

March 31, 2016

Aker Solutions has won a global framework agreement to deliver engineering and project management services at BP-operated subsea oil and gas fields. The contract has a fixed period of five years and may be extended by two years. It covers subsea engineering services, asset integrity management and operations support. “We are delighted to partner with BP… Continue Reading »

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