The Thermal Integrity Profiler (TIP) was awarded the 2015 winner of the Charles Pankow Award for Innovation by the American Society of Civil Engineers (ASCE). The award celebrates collaboration in innovative design, materials, or construction…
Westermeerwind BV reached financial close on 25 July for the turnkey construction of the Westermeerwind wind farm in IJsselmeer, Netherlands. Work can now start on building the 48 wind turbines. The Westermeerwind wind farm consists of…
Gulf Island Fabrication has signed a cooperation agreement with Bechtel Oil, Gas, and Chemicals, Inc. to work together on offshore projects for the US Gulf of Mexico and abroad. Gulf Island Fabrication will offer its fabrication experience…
Italian contractor Saipem awarded Singapore-based Sembcorp Marine a US$484 million contract to convert two FPSOs for Total’s Kaombo project offshore Angola. Sembcorp subsidiary Sembawang Shipyard will convert two very large crude carriers…
Norway's Aibel has topped a recent string of contacts with a framework agreement with Statoil covering the supply of personnel to Statoil's projects in Norway and abroad. The agreement is in addition to Aibel's existing framework agreements with Statoil and is valid for one year…
The Crossover ball joint is a new and efficient dredge ball joint that provides optimal flow performance. Through computational fluid dynamics (CFD) the frictional losses and turbulence have been reduced to a minimum. Conventional dredge ball joints act like a ball valve when tilted…
Wood Group has boosted its Norwegian offshore engineering capability by buying Agility Projects from Agility Group for about US$164 million. Agility Projects is a Norwegian engineering, procurement, construction management, installation and commissioning company…
Hyundai Heavy Industries Co. Ltd. (HHI), the world’s biggest shipbuilder and a leading offshore facilities contractor, announced that it has developed a new automatic welding process to build offshore facilities. The new hot-wire TIG…
Statoil has awarded Aibel a contract for the hook-up of new living quarters to the Oseberg C platform. The contract has an estimated value of about NOK 125 million. The project, called the Oseberg C Continuous Drilling (LQ Extension) project…
Hyundai Heavy Industries (HHI) has received a letter of award (LOA) from Abu Ahabi Marine Operating Compnay for a US$1.94 billion order for the second package of the Nasr Full Field Development Project. Under the LOA, HHI would undertake engineering…
Van Oord’s new DP2 cable-laying vessel Nexus was successfully launched at Damen Shipyards in Galati, Romania on 30 June 2014. The 123m multipurpose vessel will be deployed installing electrical cables for offshore wind farms. With a beam of almost 28m and a dynamic positioning system…
Drydocks World announced the completion of a major refurbishment carried out on National Drilling Company’s (NDC) offshore drilling rig Al Ghallan. The project is part of a series of four rig repair and refurbishment projects signed with NDC in 2013…
Inpex subsidiary Teikoku Oil (North America) has acquired an additional stake in the deepwater Lucius field, located in the US Gulf of Mexico, the company announced on 9 July 2014. The Japanese explorer entered the Lucius partnership in 2012 after acquiring 7…
Technip announced it has been awarded a new framework agreement by Statoil, Exxon Mobil and Gassco for diving, subsea intervention and repair contingency services. Under the terms of this framework agreement, a replacement of an existing frame agreement held for eight years…
Houston based oil, gas and water treatment specialist, ProSep has launched a new manufacturing service for third party clients at its purpose-built fabrication facility on Clara Road. ProSep has the capability to construct large structural fabrications…