DeepOcean inks IMR service deal with Equinor
DeepOcean AS, a subsidiary of DeepOcean Group Holding AS (DeepOcean), has been awarded a contract by Equinor for subsea IRM services in 2020. The contract has a duration of up to 9 months work offshore, using the vessel Normand Ocean. The work...
SBM orders two additional Fast4Ward® hulls
SBM Offshore announced on December 5 that it has signed contracts for the construction of the Company’s fourth and fifth hulls under its purchase program for Fast4Ward® new build multi-purpose hulls. The contracts were signed with Shanghai Wai...
GEV starts CNG commercialisation study
Global Energy Ventures Ltd (ASX: GEV, the Company), the leading developer of global integrated marine compressed natural gas (CNG) projects, is pleased to update shareholders on the Company’s business development activities in Brazil, with conf...
SHI under arbitration on semi-sub issue
Korea's Samsung Heavy Industries (SHI) is currently in arbitration with Sweden's Stena AB in London, UK on the cancellation of a contract for a semi-submersible drilling unit (contract cancelled in 2017). Stena AB of Sweden made the anno...
QP completes first two jackets for NFE project
Qatar Petroleum has recently announced the completed fabrication of the first two jackets required for offshore facilities as part of its North Field Expansion (NFE) Project. Commenting on this occasion, His Excellency Mr. Saad Sherida Al-Kaab...
Northern arguing with DSME on drillship issue
Northern Drilling and Daewoo Shipbuilding & Marine Engineering (DSME) are at odds over drillship resale contract cancellation. On November 29, 2019, the offshore drilling company announced in its third quarter results report that on Octobe...
Frontline makes loss in 3Q
Frontline Ltd. has recently reported unaudited results for the three and nine months ended September 30, 2019. Highlights ＊Reports a net loss of $10.0 million, or $0.06 per share, for the third quarter of 2019. ＊Reported spot a...
Saipem secures two offshore windfarm projects
Saipem announced on November 28 that it has been awarded a contract by the French company EDF Renewables for the construction of the Neart na Gaoithe (NnG) wind farm offshore Scotland. This is the first turn-key project awarded to Saipem in th...
Subsea 7 nets Australian offshore deal
Subsea 7 has recently confirmed a substantial contract award by Woodside for the execution of phase 2 of the Julimar-Brunello Project. This contract was awarded to Subsea 7 earlier this year, subject to the final investment decision of the Julima...
Emerson wins wellhead pressure monitoring deal
Total E&P Danmark A/S announced on November 25 that it has awarded Emerson a contract to provide wellhead pressure monitoring technology to enhance safety during the multi-year redevelopment project to extend the life of Danmark’s biggest g...
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