Most popular articles of the week, March 17 – 23, 2014

Huisman cranes for world’s largest crane vessel

Heerema Marine Contractors (HMC) recently signed a Letter of Intent with Huisman Equipment for the design and construction of two powerful cranes for its planned New Semi-submersible Crane Vessel (NSCV).

Saipem to construct South Stream Offshore Pipeline

South Stream Transport has contracted the Italian company Saipem for the construction of the South Stream Offshore Pipeline.

Socar worker dies in Caspian Sea

Azerbaijani oil company SOCAR has informed that one of its workers died in an incident at the Oil Rocks field, in the Azerbaijani sector of the Caspian Sea.

LetterOne Buys RWE Dea for $7.1B

Germany’s RWE Aktiengesellschaft and LetterOne Group have  agreed terms for the sale of RWE Dea AG for approximately 5.1 billion Euro (USD 7.1 billion)

CNOOC makes deepwater gas discovery in South China Sea

CNOOC  made a new mid-sized gas discovery Lingshui 17-2, which indicated the first breakthrough on the independent deepwater exploration in Qiongdongnan Basin of South China Sea.

Eni CEO Paolo Scaroni sees gloomy future for South Stream

Paolo Scaroni, Chief Executive Officer of Italian oil company Eni, is pessimistic about the future of the South Stream offshore pipeline project.

Cosco Nantong delivers ‘SapuraKencana 1200′ vessel

China’s COSCO Nantong has delivered a pipelay heavy lift vessel, “SapuraKencana 1200″, to SapuraClough, a subsidiary of Malaysia’s oilfield services provider SapuraKencana.