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Offshore Construction News

Petrofac Awarded Contract on Sakhalin Island
Russia >> 9/6/2017 - Petrofac has been awarded a contract worth more than US$700 million by Sakhalin Energy Investment Company for its onshore processing facility (OPF) on Sakhalin Island. The project comprises a lump-su...
Atwood Oceanics Announces New Agreement with Australian Offshore Employees
United States >> 8/23/2017 - Atwood Oceanics, Inc. (ATW) announced that the offshore employees of its Australian operating subsidiary have approved a new four year Enterprise Bargaining Agreement ("EBA"). Among other provisions...
Saudi Aramco Awards First Contract for Planned Shipyard Complex
Saudi Arabia >> 8/8/2017 - Saudi Aramco said it has awarded the first major contract in the planned construction of a $5.2 billion shipyard complex designed to reduce Saudi Arabia's dependence on oil exports. ...
SP13; Offshore Pipeline Passes Through Half
Iran >> 8/8/2017 - SOUTH PARS – 50 kilometers of the first offshore pipe laying operation was completed. Project director of phase 13 announced that the operation has begun since June when onshore lines of A and Bwere p...
Tekmar Delivers J-Tube Seals on Key North Sea Oil & Gas Project
United Kingdom >> 8/4/2017 - Tekmar Energy (Tekmar), global leaders in cable and SURF protection, has recently completed the successful delivery of j-tube seals and bend restrictors for the Oseberg Vestflanken 2 project. Oseberg ...
Rolls-Royce Signs New Service Agreement
United Kingdom >> 7/18/2017 - Siem Offshore and Subsea 7 have signed a joint three-year service agreement with Rolls-Royce. The agreement covers a total of 74 offshore vessels. This is the first agreement the two Siem-owned compan...
McDermott Delivers First Jacket from Dammam Yard
Saudi Arabia >> 6/13/2017 - McDermott International, Inc. recently celebrated a major milestone with the load-out and installation of the first jacket fully fabricated by the Company at its recently opened Dammam fabrication yar...
TechnipFMC Awarded Well Intervention Contract by Woodside
Australia >> 6/7/2017 - TechnipFMC has entered into a three-year frame agreement with Woodside Energy in Australia for Riserless Light Well Intervention (RLWI) and subsea services, including intervention, installation, and p...
Petronas' Stake Sale of Offshore Gas Asset Advances to Second Round
Malaysia >> 6/5/2017 - The sale by Malaysian energy firm Petronas of an estimated $1 billion stake in a local upstream gas project has moved to the second round and is set to attract interest from about half a dozen bidders...
Gazprom Neft Concludes Strategic Partnership Agreement with the United Shipbuilding Corporation
Russia >> 6/2/2017 - Gazprom Neft has entered into a Strategic Partnership Agreement with the United Shipbuilding Corporation, with Andrey Patrushev, Deputy CEO for Offshore Development, Gazprom Neft, and Alexei Rakhmanov...
Aramco Signs JV Deal with Lamprell, Bahri, and Hyundai to Build Shipyard
Aramco Signs JV Deal with Lamprell, Bahri, and Hyundai to Build Shipyard Saudi Arabia >> 5/31/2017 - Saudi Aramco signed a shareholder agreement with Lamprell plc (“Lamprell”), the National Shipping Company of Saudi Arabia (“Bahri”), and Hyundai Heavy Industries Co. Ltd (“HHI”) to enter into a joint ...
Transocean Ltd. Sells Jackup Fleet to Borr Drilling
Singapore >> 5/31/2017 - Transocean Ltd. (RIG) announced that it has completed the previously disclosed transaction to sell its jackup fleet to Borr Drilling Limited ("Borr") for a total consideration of approximately $1.35 b...
Bibby Offshore Awarded Significant Contract with TAQA
Scotland >> 5/29/2017 - Bibby Offshore, a leading subsea services provider to the oil and gas industry, has been awarded a significant contract with TAQA for subsea construction works in the Eider field, located 184km north-...
TechnipFMC Awarded Subsea Contract for ExxonMobil Liza
Guyana >> 4/25/2017 - TechnipFMC has been awarded a contract by an affiliate of ExxonMobil Corporation for the engineering, manufacture and delivery of the subsea equipment for the proposed Liza deep water project. ...
Edison Announces New Alliance with BP in Gulf of Mexico
United States >> 4/10/2017 - Edison Chouest Ofshore (ECO) and its family of companies have announced a 30-month alliance agreement with BP, the largest energy investor in deepwater Gulf of Mexico over the past decade. ...
Gazprom Neft & India’s Ongc Videsh Ltd. Signs MOU
Russia >> 3/30/2017 - Gazprom Neft and India’s ONGC Videsh Ltd. have used the International Arctic forum ‘Arctic: Territory of Dialogue’, currently taking place in Arkhangelsk, to announce the signing of a Memorandum of Un...
McDermott Awarded Offshore Subsea Contract
United States >> 3/1/2017 - McDermott International, Inc. (MDR) announced a contract award from Hess Corporation for subsea tieback work for its deepwater Penn State Deep (PSD) field in the Gulf of Mexico. ...
Wood Group Launches Next Phase of Industry Collaboration into Subsea Equipment Reliability
Australia >> 2/23/2017 - Wood Group is commencing the next phase of a collaborative industry effort to develop a better understanding of the reliability of subsea equipment for use in offshore Australia. ...
DOF Adds Vessels Olympic Commander & Olympic Hera to Its Fleet
Norway >> 2/8/2017 - A Norwegian limited company, not owned by DOF, has signed an agreement with Olympic Shipping regarding purchase of two vessels, Olympic Commander and Olympic Hera. ...

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