LOC Renewables Buys Stake in French INNOSEA
LOC Renewables, a part of LOC Group, has acquired a 70% stake in INNOSEA, a marine energy engineering company based in Nantes, France. Combined, LOC Renewables and INNOSEA will offer an array of services to support the offshore wind sector, ranging from the planning and permitting stages through to operation and maintenance of the completed […]
Woodside Moves Forward with Phase 2 of Julimar-Brunello Project
Australian oil and gas company Woodside said it is progressing concept definition for Phase 2 of the Julimar-Brunello project which will tie-back the Julimar field to the existing Brunello subsea infrastructure. Across the 25-year life of the project, two flowlines, approximately 22.5 km long, will connect the Julimar and Brunello fields at production and crossover manifolds […]
Equinor Confirms ‘Akofs Seafarer’ LWI Deal
AKOFS Offshore has been awarded a contract for light well intervention services using the Akofs Seafarer vessel for all Equinor-operated licences in the period 2020 to 2025. Equinor is the operator of about 560 subsea wells on stream on the Norwegian continental shelf. The wells require maintenance, repairs and new production actions. […]
Mitsui and MOL Eye Subsea Support Market with AKOFS Stake Buy
Akastor has entered into a share purchase agreement with Mitsui and MOL (Mitsui O.S.K. Lines) for transfer of 50% of its shares in AKOFS Offshore in order to form a joint venture ownership. Each of Mitsui and MOL will purchase 25% of the shares in AKOFS Offshore from Akastor. The remaining 50% […]
Chiyoda, Synergy Net Pre-FEED Deal for INPEX’s Abadi LNG Project
Chiyoda Corporation and PT Synergy have jointly secured a Pre-FEED contract by INPEX for the Subsea Umbilicals Risers and Flowlines (SURF) and Gas Export Pipeline (GEP) facilities for the Abadi LNG project in Indonesia. INPEX is undertaking Pre-FEED studies for the Abadi field development in the Masela Block, located in the Arafura Sea, under the supervision […]
Magseis Secures SE Asia Project
Norwegian seabed seismic services player Magseis has received letter of awards for an operation in South-East Asia using proprietary MASS nodes. According to Magseis, the project includes several major oil companies who have jointly designed the survey. Per-Christian Grytnes, CEO, said: “We are delighted to win this project which further strengthen Magseis’ position […]
i-Tech Gets Inspection Classification Approval
i-Tech Services, a Subsea 7 company, has strengthened its Underwater Inspection in Lieu of Drydocking (UWILD) capability with certification to deliver to guidelines set by American Bureau of Shipping, DNV-GL, Bureau Veritas and Lloyds Register. UWILD is required to ensure the structural and operational integrity of a marine asset whilst on location. […]