Posts by PTR News Desk

Subsea 7 has recently announced the award of a sizeable(1) contract by Chevron for the development of the Ballymore project offshore US Gulf of Mexico, in water depths of up to 6,550 feet. The project covers the installation of a Steel Catenary Riser (SCR), flowline and control system. Subsea 7 has supported Chevron with early…

bp will increase its acreage position offshore Eastern Canada and sell its 50% non-operated interest in the Sunrise oil sands project in an agreement reached with Calgary-based Cenovus Energy. Total consideration for the transaction includes C$600 million (Canadian dollars) cash, a contingent payment with a maximum aggregate value of C$600 million expiring after two years,…

Bilfinger and the gas distribution network operator Cadent have launched their new framework agreement. The contract, which started in 2021, covers the diversion, modification and connection of various types of above ground installations (AGI) in England for a term of 5 years, with the option to extend twice for a period of a year. Duncan…

Schlumberger and Subsea 7 announced recently that they have signed an agreement to renew Subsea Integration Alliance for a further seven years. Subsea Integration Alliance is a worldwide non-incorporated alliance between Subsea 7 and Schlumberger’s OneSubsea subsea technologies, production and processing systems business, to jointly design, develop and deliver integrated subsea development solutions through the combination of subsurface…

At the Posidonia trade fair recently, classification society DNV presented Pleiades Shipping with a certificate recognising their new vessels as the first delivered to a Greek owner with the Cyber secure vessel notation. The presentation was a fitting milestone as DNV also celebrates 100 years of operation in Greece and topping 100 contracted vessels for…