Subsea 7 Wins More Work from BP in the Gulf of Mexico

Subsea 7 announced today the winning of a 3-year $160 million¬†contract extension from BP Exploration & Production for light subsea construction, and inspection, maintenance and repair (IMR) work in the U.S. Gulf of Mexico. Subsea 7 spokesperson Jonathan Moore says the OCV Grant Candies and Siem Offshore's newbuild Siem Stingray will be utilized for this contract. ¬†Both … [Read more...]

DOF Subsea Charters Jones Act Vessel for Gulf of Mexico Contracts

Norwegian owner DOF Subsea says it has entered into an agreement with Louisiana's Otto Candies for the charter of the Jones Act compliant IMR vessel, MV Chloe Candies, after having been awarded several contracts in North America. DOF Subsea says the charter agreement is for a firm period of one year plus one year option, which will commence beginning of March 2014. The … [Read more...]