Australia's Woodside Petroleum in recent months has awarded several oil and gas engineering contracts to Subsea 7 for two projects offshore Australia and one off Senegal, the offshore services company said on Wednesday.The three contracts awarded…
Philippine's Udenna Corporation has broken off negotiations over a potential investment of $73 million in struggling Singapore-based offshore vessel company Emas Offshore.The ailing Singaporean contractor Emas Offshore announced in a regulatory…
Subsea boosting technology recently brought online at Chevron’s Jack and St. Malo fields is expected to boost production rates for the next 30 years. Chevron’s Chris Hey and Dan Broussard, and OneSubsea’s Mads Hjelmeland and Oeyvind Reimers explain…
Subsea 7 has acquired parts of EMAS Chiyoda Subsea (ECS), following the firm's fall into Chapter 11 bankruptcy proceedings in the US. The Lewek Constellation. Subsea…
Classification and technical services provider ABS has granted an Approval in Principal for Chiyoda Corp.’s floating liquefied natural gas (LNG) power plant and floating storage and regasification unit design concept. ABS said the concept…
Ocean Yield has agreed a contract extension on its four-month bareboat charter of the Lewek Connector subsea construction vessel with a related company of Ezra Holdings at a rate of US$40,000/day. The initial contract was for four months…
EMAS' Lewek Constellation. Photo from EMAS Chiyoda Subsea. EMAS Chiyoda's bankruptcy announcement in late February is the latest in a long line of vessel contractors to fall victim to the downturn since January 2015…
EMAS Chiyoda Subsea (ECS) filed a voluntary petition for reorganization under Chapter 11 of the US Federal Bankruptcy Code yesterday (27 February), Chiyoda Corp. announced today (28 February). ECS and its subsidiaries will facilitate…
Ocean Yield has signed a four-month contract for the Lewek Connector, just days after announcing a terminated contract for the vessel from EMAS Chiyoda Subsea. The short-term deal is with a “related company to Ezra Holding” for a rate of US$40…
Ocean Yield has terminated its bareboat charter contract with EMAS Chiyoda Subsea (ECS) for the Lewek Connector. The Lewek Connector, from EMAS. The two signed a short-term standstill deal for the vessel on 16 December…
DOF Subsea North America has appointed Greg Donnelly as the new general manager of the DOF Subsea US team. Donnelly assumed responsibilities 16 January 2017 and will report directly to Marco Sclocchi, executive vice president North America…
EMAS Offshore announced a net loss of US$2.2 million for the quarter ended 30 November 2016 (Q1 FY17), on the back of lower revenues. For Q1 FY17, the group recorded revenue of $42.5 million, as compared to revenue of $49.8 million in corresponding period last year…
L&T Hydrocarbon Engineering (LTHE) in consortium with EMAS CHIYODA Subsea has won two engineering, procurement, construction and installation (EPCI) contracts from Saudi Arabia's Saudi Aramco. The contracts are for the supply and installation…
Offshore construction activity in the Middle East Gulf has remained buoyant, but that hasn’t stopped pressure on costs and dayrates. Mirzi Moralde, of IHS, outlines activity in the region. Saipem’s…
EMAS Chiyoda Subsea’s John Meenaghan discusses challenges and solutions employed at three back-to-back tieback projects the company recently carried out in the US Gulf of Mexico The Lewek Constellation during reel exchange operations with the RB1…
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