Jumbo Offshore Appoints Middle East Partner as it Eyes Regional Expansion
has signed a memorandum of understanding (MoU) with Sea Horizon Offshore Marine Services, which will act as its representative in the Middle East region.Sea Horizon Offshore, with its broad network of local partners, will represent Jumbo Offshore to potential clients in the United Arab Emirates (UAE), Qatar, and Saudi Arabia.Its scope will also include commercial representation, supporting operations and providing project management on behalf of Jumbo Offshore during project execution in the region.The MoU paves the way for Jumbo Offshore to provide increased support to the considerable offshore expansion
Tapping the Gas Bank in the Barents Sea
heightened awareness surrounding the importance of stabile access to reasonably-priced energy.Purchasing Gas from the EastUncertain gas supplies – particularly the loss of Russian gas – have caused nations such as Germany, France and Italy to enter into long-term gas supply agreements with Qatar.The energy situation in Europe is still quite challenging. The loss of pipeline gas deliveries from Russia came at the same time as much of the new power generation in Europe has been non-adjustable power production.Without gas to produce power, parts of Europe would have gone ‘dark’
McDermott Bags Major Subsea Pipeline, Cable Order in Qatar
Offshore installation firm McDermott has secured a major subsea pipelines and cables engineering, procurement, construction, and installation (EPCI) project from Qatargas.The award is related to the North Field Production Sustainability (NFPS) Offshore Fuel Gas Pipeline and Subsea Cables Project, COMP1. McDermott defines a major contract as between $750 million and $1.5 billion.The COMP1 project is part of the NFPS Offshore Compression Project involving the installation of new assets in Qatar's North Field, including compression complexes at seven locations to sustain gas supply to the existing
Elcome, Miros Ink Distribution Deal
Miros AS, the Norway-headquartered wave, current and oil spill monitoring specialist.The partnership expands the distribution of Miros’ comprehensive range of sea state sensor and measurement solutions to Gulf Cooperation Council (GCC) countries, namely UAE, Saudi Arabia, Oman, Kuwait, Bahrain, and Qatar.Miros’ portfolio of sea state measurement solutions provides accurate, real-time data for weather-sensitive operations at sea, as well as offering input to asset integrity systems and coastal monitoring. Its dry-mounted, radar-based sensors provide maritime and offshore operatives reliably
New Contracts for Tekmar's Pipeshield, Subsea Innovation
($9,74 million), with delivery expected in the first half of 2023. The contracts include the design, manufacturing, and supply of concrete sleepers, concrete mattresses, and associated equipment. The products will be manufactured at Pipeshield's regional supply bases in Damman (KSA) and Doha (Qatar).Further, Subsea Innovation has been awarded a "significant contract" for a bespoke turnkey launch and recovery (LAR) system. The scope of this contract includes the design and build of the A-frame, winch with interchangeable drum sets, hydraulic power unit (HPU) and transport frames. The
Proserv Secures SMS as Sampling Representative in Malaysia
.As part of the tie-up, Proserv will also establish a service center in Malaysia located at SMS’s local facility in Labuan. This will be based upon the model in operation at Proserv’s main Sampling Center of Excellence in Aberdeen and at its sites in the US, Norway, the UAE, Saudi Arabia and Qatar. The center will supply both servicing and sampling equipment rental.SMS engages non-intrusive corrosion and erosion sensors to supply real-time monitoring and data acquisition which when analysed and interpreted by subject matter experts can enable swift identification of incipient problems that
ROVOP Opens Middle East Hub
in-country.Middleton said the new hub will provide a quality of ROV service that was not widely available there previously.“ROVOP already has equipment on the ground in the region, and so is ready to fulfill our customers needs immediately in the UAE, Saudi Arabia, Bahrain, Kuwait, Oman and Qatar,” he added.The company is currently expanding, having added 19 ROVS to its fleet last month, bringing ROVOP’s total operational fleet to 51
Magseis to Acquire Fairfield Seismic Technologies
an enterprise value for the Business of approximately USD 233 million, which comprises a combination of cash and Magseis shares.In addition, Fairfield-Maxwell will receive five year warrants and certain rights under an earn-out payment mechanism related to a project in the Al Shaheen Oil Field located in Qatar. The final purchase price will be subject to closing working capital adjustments.Fairfield Seismic Technologies is a leading provider of marine ocean bottom nodal (OBN) seismic systems. The Business has performed 45 OBN surveys globally since 2005 and owns an extensive portfolio of intellectual property
Unique Group, Kongsberg Maritime Restore Partnership
for the Middle East region. Under the business cooperation agreement, Unique Group’s offices in the region will offer sale and service of KM’s wide range of underwater mapping, navigation, acoustics and camera solutions to customers in the territories of Bahrain, KSA, Kuwait, Qatar and the UAE. The two companies presently have an agreement in place for Nigeria and Kenya. The Kongsberg Maritime range of underwater mapping products includes the EM 712RD, EM 2040C and 2040P, EA440/EA640, and the Geoacoustics range among others. The underwater navigation products include
February 2024
