Subsea 7 has been awarded a US$75 million three-year subsea construction services contract by ExxonMobil Canada Properties. The contract supports the Hebron heavy oil field development, in the Jeanne d'Arc Basin, 350km southeast of St John's鈥
London-listed oil and gas industry service provider Petrofac has placed the first long-lead orders for its new in-house-designed deepwater derrick lay vessel, to be built at the Shanghai Zhenhua Heavy Industry Co., Ltd (ZPMC) yard in China鈥
Bibby Remote Intervention Ltd. (BRIL) has secured a multi-million pound contract with Olympic Shipping to install two 150hp, deepwater Quasar ROVs onboard the construction support vessel (CSV), Olympic Ares. The two ROVs will be installed鈥
Ceona's high-capacity flexible/umbilical pipelay and subsea construction vessel the Polar Onyx has been floated out of dry dock at Ulstein Verft yard in Norway following an intensive outfitting program. It has now moved to the shipyard quay鈥
MacGregor has won a contract to deliver a comprehensive set of cranes to a new vessel under construction at the long-established Canadian shipyard, Chantier Davie Canada Inc. The vessel is scheduled for delivery by the end of Spring 2015鈥
By Thom Payne, Douglas-Westwood Singapore Last week鈥檚 auction for production rights to Brazil鈥檚 12 billion bbl Libra field has dominated industry headlines. However, despite years of media and market analyst hyperbole the scale of Petrobras鈥欌
Seaway Heavy Lifting (SHL) has won a contract with Permaducto SA de CV for an offshore installation project in Mexico. Under the contract, SHL will execute work offshore Mexico in a joined offshore program for Pemex鈥檚 KuMaZa/Cantarell project鈥
Seaway Heavy Lifting will shortly take delivery of its second heavylift crane vessel, the state-of-the-art Oleg Strashnov. David Morgan looks at some of the new HLV 's novelties and niceties. The Oleg Strashnov has been a while coming鈥
