Merced Capital has completed the acquisition of Dubai-based offshore construction vessel owner and service provider Telford Offshore.Telford Offshore, which offers offshore consturction and pipelaying services, said that as part of the transaction…
Offshore installation firm Allseas said Friday that its pipelay vessel Audacia had recently broken a pipelaying record in Malaysia.'Congratulations to crew who installed 4 kilometers of pipeline in 24 hours, beating the previous best of 3.8 kilometers for Malaysian waters…
Allseas is fitting its pipelay vessels Solitaire and Audacia, as well as the multi-purpose vessel Fortitude, with hybrid power technology from Kongsberg Maritime.The offshore installation firm says that vessel hybridization is key to its strategy…
Allseas has been awarded a substantial construction contract by TC Energy for a major offshore pipeline delivering natural gas to southeast Mexico.The firm's pipelay vessels, Pioneering Spirit, Hidden Gem and Solitaire, will install the 36-inch pipeline…
Edward Heerema, founder and president of the offshore installation services firm Allseas, has decided to step aside after nearly forty years at the helm. His eldest son Pieter will assume the role of president of the Allseas Group. According to Allseas…
Subsea 7 has awarded Miros Group agreements to install its internet of things (IoT) dry-sensor WaveSystem on three of its pipelay support vessels, ti deliver accurate wave measurements via Miros' cloud-based graphical user interface (GUI) Miros…
Malaysia's Sapura Energy has, through a joint venture company, secured a charter extension with Brazil's Petrobras for the pipelaying support vessel (“PLSV”) Sapura Esmeralda. The contract is worth around RM580 million (around $130 million)…
Italian energy industry services provider Saipem said it has secured a contract worth approximately €300 million for the transport and installation of an offshore gas pipeline offshore Italy.The E&C contract was awarded by Eni subsidiary Enimed…
McDermott held a christening ceremony for its newly converted vessel Amazon in the port of Rotterdam, the Netherlands.Following the conversion, the vessel's upgraded specifications enable highly automated operations, the production of hex joints…
Offshore installation services company Subsea 7 said Thursday it had won a major contract with Petrobras in Brazil. Subsea 7 defines a major contract as being over $750 million.The contract is related to the development of the Búzios 8 field…
The U.S. subsidiary of Norwegian offshore vessels owner DOF Subsea said it has secured multiple contracts for the construction support vessel Ross Candies.The 2010-built Ross Candies is one of two Jones Act-compliant vessels chartered by DOF Subsea USA from Otto Candies for operations in the U…
Subsea 7 has announced a very large award by Petrobras for new long-term day-rate contracts for the pipelay support vessels (PLSV) Seven Waves, Seven Rio and Seven Sun.The offshore installation services firm said Tuesday that the contracts were worth between $500 million and $750 million in total…
Oilfield services company TechnipFMC has secured a long-term charter and services contract with Petrobras in Brazil for the pipelay support vessel Coral do Atlântico.TechniFMC said the contract was a “substantial” one, meaning it has a value between $250 million and $500 million…
Offshore installation firm McDermott said Monday that its upgraded Amazon vessel was coming to the Gulf of Mexico to support a subsea contract for the Whale Development in Alaminos Canyon.Oil major Shell in July reached a final investment decision for its Whale deepwater field development…
Norwegian offshore vessel operator DOF Subsea has won more work in Brazil with Petrobras.After a recent three-year contract secured for a pipelay support vessel duo co-owned with TechnipFMC, DOF Subsea said Thursday it had secured a contract…
