Statoil awarding billion NOK contract for Njord Bravo FSO

Statoil awarding billion NOK contract for Njord Bravo FSO

Statoil is today awarding, on behalf of the Njord license, a contract to Aibel for upgrading of the Njord Bravo floating storage and offloading (FSO) vessel in the Norwegian Sea. The contract value is around NOK 1.3 …
Apr 20, 2018 /  Vessels
Subsea 7 announces completion of Siem Offshore Contractors acquisition

Subsea 7 announces completion of Siem Offshore Contractors acquisition

Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) yesterday announced the completion of the acquisition of Siem Offshore Contractors GmbH (Siem Offshore Contractors) and two vessels, the inter-array cable lay vessel …
Apr 11, 2018 /  Curious
Ocean Installer wins Askeladd marine operations contract

Ocean Installer wins Askeladd marine operations contract

Statoil ASA has awarded Ocean Installer a substantial contract for marine operations on the Askeladd project in the Barents Sea. The Askeladd field will be developed with three wells via two new subsea templates that …
Mar 22, 2018 /  Curious
Bibby Offshore/Rever Merger Creates Significant Value and Flexibility for Clients

Bibby Offshore/Rever Merger Creates Significant Value and Flexibility for Clients

Fara Holdco Limited (“Fara”), owners of the Bibby Offshore group of companies (Bibby), Friday announced a merger with Rever Offshore AS (Rever).  Rever’s subsidiaries include CECON Contracting AS …
Mar 19, 2018 /  Vessels
International Contract Engineering (ICE) develops new small-scale LNG carrier concept

International Contract Engineering (ICE) develops new small-scale LNG carrier concept

Working closely with a major operator of gas ships, International Contract Engineering (ICE) has developed a “milk run” LNG distribution tanker with a cargo contained in two type C semi-pressurised and fully …
Mar 13, 2018 /  Vessels
McDermott Awarded Detailed Engineering and Long Lead Procurement for the BP Cassia C Compression Platform

McDermott Awarded Detailed Engineering and Long Lead Procurement for the BP Cassia C Compression Platform

McDermott to build on its strong collaborative relationship with BP on the Cassia C Compression Platform in Trinidad and Tobago This award builds on McDermott’s work on the BP Trinidad & Tobago, LLC (bpTT) …
Mar 6, 2018 /  Vessels
Cheniere and GAIL Celebrate Commencement of 20-year LNG Contract

Cheniere and GAIL Celebrate Commencement of 20-year LNG Contract

Cheniere Energy, Inc. (Cheniere) (NYSE American: LNG) and GAIL (India) Limited (GAIL) yesterday marked the commencement of their 20-year Sale and Purchase Agreement (SPA) to supply U.S.-sourced liquefied natural gas to …
Mar 6, 2018 /  Curious
Oceanteam ASA - Diavaz-Oceanteam terminates bareboat charter contract

Oceanteam ASA - Diavaz-Oceanteam terminates bareboat charter contract

On 15 February 2018, in light of the current state of the market, DOT Shipping (a joint venture between Diavaz and Oceanteam) and Pacific Radiance Ltd have mutually agreed to terminate agreements, which were entered into …
Feb 16, 2018 /  Vessels
Carisbrooke Shipping and Marlink Group extend partnership to include service and maintenance

Carisbrooke Shipping and Marlink Group extend partnership to include service and maintenance

Marlink Group company Telemar has been chosen to provide bridge system repair and maintenance services to Carisbrooke Shipping. The new contract further combines Marlink Group capabilities to enhance Carisbrooke …
Feb 12, 2018 /  Vessels
Ocean Installer secures major contracts from Statoil

Ocean Installer secures major contracts from Statoil

Ocean Installer continues building on its strong track record on the Norwegian Continental Shelf, securing two substantial SURF contracts with Statoil. The company has secured two contracts, comprising work from 2018 …
Feb 8, 2018 /  Curious