Offshore Construction News - page 2


Allseas Wins Work on One of the 'Heaviest Offshore Installation Projects in History'

Dec 20, 2022

Offshore installation company Allseas will transport and install a new processing platform topside facility with well area and living quarters (NOA PdQ) in the NOAKA area development operated by Aker BP in the Norwegian North Sea.The contract…

Norwegian Construction Firm Sets Sights on Offshore Wind

Dec 19, 2022

Norwegian construction firm Veidekke said Monday it has set its sights on the offshore wind market, with the company planning to become a key part of the value chain for floating offshore wind.The company said it was already participating in…

DNO Buys 10% Stake in Berling Offshore Project. PDO Planned by Year End. Brasse Plans Delayed

Dec 19, 2022

The Norwegian oil and gas company DNO said Monday it had acquired an additional 10 percent stake in the Berling field development project from Sval Energi AS. DNO now owns a 30% stake in the 2018 gas and condensate discovery, previously known as Iris Hades offshore Norway…

Aibel Wins $706M Deal to Build Unmanned Offshore Platform 'Of the future'

Dec 16, 2022

Oil and gas company Aker BP has awarded Aibel, a Norwegian engineering and construction firm, a contract worth around 7 billion crowns ($706,1 million) to build the Munin offshore platform (formerly Krafla) in the Yggdrasil area, offshore Norway…

Floatel to Support Aker BP's NOA, Krafla Topside Projects with Two Rigs

Dec 16, 2022

Offshore accommodation company Floatel International has been awarded a contract by Aker BP ASA for two simultaneous projects in the Norwegian sector of the North Sea, where two accommodation support vessels will be required. The contracts follow…

Fincantieri's Goal: Net Profit in 2025

Dec 16, 2022

Italy's shipbuilder Fincantieri said on Friday it would return to net profit in 2025, focusing on its three core businesses of cruise, defense, and specialized offshore vessels. Under a five-year business plan, Fincantieri forecasts revenues of 8…

Saipem Bags $1.2B Worth Offshore Oil Field Contracts in Guyana and Egypt

Dec 15, 2022

Italian energy industry services company Saipem has secured offshore oil and gas field construction contracts in Guyana and Egypt worth about $1.2 billion in total.In Guyana, the U.S. oil major ExxonMobil has hired Saipem to support its Uaru offshore oil field development project…

16,000t Jacket Completed for Azeri Offshore Platform Project

Dec 14, 2022

Oil major BP said Tuesday that the jacket of the Azeri Central East (ACE) platform built at the Heydar Aliyev Baku Deepwater Jackets Factory (BDJF) was ready for load-out to sail away to its permanent location in the ACG contract area in the Caspian Sea…

Huisman to Deliver Leg Encircling Crane for Cadeler's Latest Offshore Wind Vessel

Dec 13, 2022

China's COSCO Shipping (Qidong) Offshore Co., Ltd. has awarded Huisman another contract for the design and construction of a 3,000+mt Leg Encircling Crane (LEC).The crane, of an undisclosed value, will be installed on Danish offshore wind installation…

Petronas, JX Nippon Enter Deal for BIGST Offshore Fields in Malaysia

Dec 12, 2022

Malaysia's state energy firm Petronas said on Monday it would work with JX Nippon Oil & Gas Exploration Corp. on a joint proposal to monetize gas potential in the Bujang, Inas, Guling, Sepat, and Tujoh (BIGST) fields located off the shores of peninsular Malaysia…

First Steel Cut for TenneT's Offshore Substation

Dec 12, 2022

The first steel was cut on Friday, December 9, for the topside of TenneT's offshore transformer station for the Hollandse Kust (west Beta) wind farm zone. A first steel cut ceremony was held at the Equans yard in Hoboken, Belgium, marking the…

Wah Seong Wins $127M FPSO Topside Module Order

Dec 09, 2022

Wah Seong Corporation's Singapore-based subsidiary, WS Engineering & Fabrication Pte. has won a contract to build FPSO topside modules from Malaysian FPSO supplier Yinson.The contract is worth around $127 million.According to Wah Seong, the scope of work of the contract involves engineering…

Over 8 GW of Floating Wind for California, But Who Will Build It?

Dec 08, 2022

As the dust settles from Wednesday's California floating wind auction, and developers begin to discuss their plans, energy industry intelligence firm Intelatus says development of the floating wind manufacturing and installation supply chain must speed up…

Norway: Aker BP Board Greenlights $19B Offshore Field Development Projects

Dec 02, 2022

The Norwegian oil and gas company Aker BP said Friday it would vote in favor of submitting Plans for Development and Operation (PDO) for the NOAKA field development project, the Valhall PWP-Fenris project, the Skarv Satellite Project, and the Utsira High projects…

Balmoral's Large-scale Composite Manufacturing Plant in Montrose Port Now Operational

Nov 30, 2022

Aberdeen-based Balmoral Comtec has completed the installation of its manufacturing plant at its new advanced composites facility at Montrose Port.The company said it had invested a 'seven-figure sum' in the 18,299 sq.ft (1700 sq.m) quayside…

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