Ocean Installer Wins Statoil SURF Contract
Norway-based company Ocean Installer has been awarded a SURF (Subsea structures, Umbilicals, Risers, Flowlines) contract for subsea lines modification work at several Statoil operated fields on the Norwegian Continental Shelf. The total contract value (firm) is approx. USD 55 million and with an additional potential (options) of approx. USD 95 million. The work scope comprises marine operations for replacement/installation of flexible risers…
Thai Commercial Fisherfolk Victims of Unscrupulous Employers
The findings of the ILO's Tripartite Action to Protect the Rights of Migrant Workers research indicate low compliance with Thai immigration and labour laws, and reveal significant gaps when measured against the relevant international standards on work in fishing. In addition, a considerable proportion of the fishers surveyed were found to be in exploitative situations, either employed through deceptive and coercive labour practices, working long hours for little pay, or working under age.
Russia Will Need 512 New Offshore Vessels Says President Putin
Development of offshore fields in the Arctic with the active use of the Northern Sea Route in Russia would require 512 new vessels by 2030, with a total cost of 6.5 trillion rubles, report Arctic-Info, citing an announcement by Russian President Vladimir Putin. The largest Russian companies Rosneft, Gazprom and Sovcomflot are forming a solid long-term portfolio and the President opined that the Russian…
