Nexans Norway and IKM Subsea have come to an agreement to extend the current ROV services contracts on board the C/S Nexans Skagerrak. The contract value including options is NOK 75 million and duration term is firm for three years plus two yearly options…
Solstad Offshore Asia Pacific awarded iSURVEY’s Singapore arm a marine construction support contract for Solstad's 2016 pipeline and platform installation program in Thailand, onboard the derrick lay barge (DLB) Norce Endeavour. The Norce…
Statoil awarded IKM Ocean Design a contract worth an estimated US$22.5 million (NOK 200 million) for the Johan Castberg subsea integration pre-FEED and FEED project. Image of the contract signing in Oslo of Peder Hoås and Geir Paulsen…
Nexans has awarded iSURVEY a multi-year frame agreement to provide navigation, positioning and survey support for its cable lay operations on board the C/S Nexans Skagerrak. iSURVEY will provide services including positioning and monitoring during cable lay and trenching operations…
Wood Group announces the appointment of Robin Watson as chief executive officer (CEO), effective 1 January 2016. Watson succeeds Bob Keiller who has decided to retire from Wood Group on 31 December 2015. Watson has served on the board since 2013…
Statoil is cutting costs by more than US$1 billion (NOK 9 billion) for the first phase of its giant Johan Sverdrup development in the North Sea, partner Det Norske said. Illustration of Johan Sverdrup…
Wood Group has acquired Automated Technology Group (ATG), an independent suppliers of control and power solutions for industrial automation. ATG will perform within Wood Group Mustang’s automation and control business unit, providing…
Statoil awarded FMC Technologies a US$172 million engineering, procurement, and construction (EPC) contract for Phase 1 of the Johan Sverdrup field. The Johan Sverdrup field center. Image from Statoil…
Statoil, on behalf of operator Gassco, awarded IKM Ocean Design an engineering, procurement and construction (EPC) contract for the Johan Sverdrup gooseneck spool and retrofit hot-tap tee. Three…
Image: on-site machining/IKM Testing The IKM Group announced that IKM Testing has entered into a purchase agreement to acquire Oceaneering’s Norwegian Onsite Machining & Cutting business…
Subsea Technology & Rentals (STR), a provider for the design, production and rental of advanced subsea technology for the offshore energy industry, is pleased to announce the addition of IKM Technique’s ROV gas sampling systems to their range of ROV sensors and tooling…
Wood Group acquired BETA Machinery Analysis (BETA), a Calgary-based engineering consultancy specializing in advanced vibration analysis in a deal valued at US$14.3 million. BETA’s expertise in advanced vibration, pulsation stress…
After some tough international competition, Statoil chose the Kvaerner/KBR joint venture to take on the US$849 million (NOK 6.7 billion) contract for the complete delivery of the platform topside to the Johan Sverdrup field development in the North Sea…
James Fisher and Sons completed the acquisition of Mojo Maritime Ltd. (MML), a specialist provider of project management, engineering and consultancy services to the offshore industry renewable energy sector. Founded in Falmouth 10 years ago by Richard Parkinson CEO…
The latest EIC Monitor report once again shows a significant decline in the levels of contracting activity across the global upstream sector in Q1 2015. Despite the overall number of contracts being awarded dropping, the value of some is substantial…
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