Solstad Offshore announced that it has received four contract awards for three of its subsea construction vessels (CSV). The Normand Jarstein has secured a contract with a Norwegian subsea contractor for a project in West Africa. The commencement will be January 2021 and the duration are two months firm plus one-month option. In addition, Normand […]

Pharos Energy plc announced the successful completion of the Placing of new Ordinary Shares as well as the concurrent Subscription and Retail Offer as defined below (together the “Fundraise”). A total of 44,661,490 new Ordinary Shares, representing 11.2 per cent. of the existing issued Ordinary Shares of the Company prior to the Fundraise, will be […]

Subsea 7 S.A. announced the award of a substantial contract of between $150-$300 million by Cabinda Gulf Oil Company Limited (CABGOC). The contract is for the Sanha Lean Gas Connection (SLGC) project comprising the construction and installation of the Lean Gas Platform (LGP) system in Block-0 offshore Angola, at a water depth of approximately 70 […]