June 19th, 20180Japan’s largest shipping line Mitsui OSK Lines (MOL), as well as compatriot trading house Mitsui & Co, are investing further into the Norwegian subsea business, buying 25% stakes each in AKOFS Offshore, owned by Akastor, which in turn is part of Kristian Røkke’s Aker empire.
The three parties have an existing relationship,...
May 22nd, 20180Bibby Offshore has been awarded a two-phase contract to carry out inspection repair and maintenance services at multiple North Sea assets for an unnamed oil and gas and production company.
Initial offshore work is scheduled to commence before then end of next month, primarily utilising diving support vessel, .
Howard Woodcock,...
May 21st, 20180Norway’s DeepOcean has been awarded a long-term contract by Equinor, formerly Statoil, for subsea life of field services.
The award scope includes onshore project management, engineering and offshore operations utilising vessels from the DeepOcean fleet. Offshore services include life of field services, installation and replacement...
May 10th, 20180Kristian Siem’s Subsea 7 has been awarded a contract by Statoil for the subsea inspection, repair and maintenance services on the Norwegian Continental Shelf.
The contract, worth between $150m and $300m, will see Subsea 7 provide a life of field support vessel for a period of five years with further options also available. IMR and...
May 10th, 20180McDermott International has been awarded a contract by Anadarko Petroleum Corporation for subsea umbilical and flowline installation to support a tieback to the Lucius field in the US Gulf of Mexico.
The contract includes engineering, fabrication, installation and pre-commissioning of subsea infield flowlines, production umbilicals...
May 8th, 20180Bibby Offshore has been awarded a two-year framework agreement by oil and gas operator Spirit Energy, in direct continuation of a previous five-year agreement.
The agreement will see Bibby Offshore carry out inspection repair and maintenance works, ROV inspection and subsea survey operations at multiple North Sea structures and...
May 4th, 20180Norway’s DOF Subsea has announced another contract award, this time for chartered-in construction support vessel .
The vessel has been awarded a 120-day seismic support contract commencing May 20. The vessel is currently based in North America and coming off a short-term project in Canada.
DOF Subsea has been busy announcing new...
April 30th, 20180Norwegian offshore shipbuilder Vard has been awarded a contract by Italy’s Prysmian Group to design and construct a cable laying vessel valued at around €170m ($206.2m).
The cable layer, designed by Vard Design in Ålesund, will feature deep water installation capabilities for depths of more than 2,000 meters and high cable...
April 23rd, 20180Norway’s DeepOcean has acquired US remotely operated vehicle specialist Delta SubSea in a move to expand its presence in the US Gulf of Mexico.
Delta SubSea owns and operates ten ROVs from its operating base in Texas and provides inspection maintenance and repair as well as light construction services. The ROV fleet is...
April 11th, 20180Subsea 7 has been awarded a contract by BP for the provision of EPCI flowline supply and subsea installation services at the Alligin subsea development project, offshore the Shetland Islands.
The contract includes project management, engineering, procurement, construction and installation of a subsea tie-back to the existing...
