By Thom Payne, Douglas-Westwood Singapore Last week’s auction for production rights to Brazil’s 12 billion bbl Libra field has dominated industry headlines. However, despite years of media and market analyst hyperbole the scale of Petrobras’…
Subsea 7 has been awarded to new contracts for pipelay support vessels with Petrobras worth an estimated US$600 million. The contracts are for operation of the pipelay support vessels (PLSVs) Seven Mar and Seven Condor on a day rate basis for approximately three years…
IHC Engineering Business, part of IHC Merwede, is benefiting from a demand for greater capacity in the pipelay market. It is currently working on five orders from Seabras Sapura for 550-tonne capacity vertical flex lay systems (FLS) to…
IHC Merwede has successfully named and launched the pipelaying vessel SAPURA DIAMANTE in a ceremony at the company's shipyard in Krimpen aan den IJssel, The Netherlands. The naming of the innovative offshore vessel was carried out by Mrs Christina Lucia Duarte Pinho…
Lifting, drilling and subsea solutions firm Huisman has received its first order for a new production facility in Brazil. Huisman is to provide three sets of five cranes, manufacturing of which will start in 2014, when construction of the Brazilian production facility is completed…
Heerema Marine Contractor’s new Deepwater Construction Vessel (DCV) Aegir was christened in the Rotterdam Calandkanaal (NL). This state-of-the-art vessel is capable of executing complex infrastructure and pipeline projects in ultra deep water…
Jumbo announced that it has been awarded a contract by Malaysian pipelay contractor Sigur Ros. Under the contract, Jumbo will oversee transportation and installation of 126 gravity anchor spreads in water depths up to 1400m (4593ft), using the heavy-lift vessel…
Emas AMC’s newly converted S-lay deepwater pipelay vessel Lewek Centurion has just completed its first contract since its conversion, laying pipe for Wintershall in the Dutch sector of the North Sea. The vessel was acquired from Helix Energy Solutions in July…
Wärtsilä has been contracted to supply propulsion solutions for six new offshore pipe laying vessels being built by IHC Merwede. Three of the ships are to be built for Subsea 7. The other three vessels have been ordered by Seabras Sapura…
Subsea 7 has posted a record backlog of US$10.4 billion for Q2 2013, with tendering continuing to be high into Q3. But profits were hit by a US$300 million loss provision on the Guará-Lula NE project, offshore Brazil. Jean Cahuzac…
Lifting, drilling and subsea solutions specialist Huisman has secured new contracts for10 pipelay systems, with various major offshore pipelay contractors. The new contracts include: three 550mt tiltable lay systems (TLS) and one 325mt vertical lay system (VLS) for Subsea 7…
A joint venture between DOF Subsea and Technip has been awarded contracts to build and operate four new pipelay support vessels (PLSV) for Brazil's Petrobras. Two of the PLSVs will have a 300-ton laying tension capacity and will be fabricated in Brazil…
Ceona has finalized its agreement with Lloyd Werft for the construction of a new high-capacity vessel, Ceona Amazon, at a signing ceremony in Bremerhaven, Germany. Members of the Ceona management team, led by CEO Steve Preston and Chairman John Smith…
Malaysia-based international offshore oilfield services company, Bumi Armada Berhad announced that its wholly-owned Russian subsidiary, Bumi Armada Caspian LLC signed a supplementary agreement worth RM567.6 million (US$178.5 million) with OOO LUKOIL-Nizhnevolzhskneft for EPIC (engineering…
Subsea 7 is to build and operate three flexible pipe-lay support vessels (PLSV) for Petrobras under three five-year contracts worth about US$1.6 billion. The contracts include project management, engineering and installation of flowlines…