Saipem has been awarded a new E&C offshore contract by Saudi Aramco for engineering, procurement, construction and installation (EPCI) activities and trunklines & installation ( T&I) works in Saudi Arabia, under the long-term agreement in force, renewed in 2015 until 2021. The scope of work includes
Italian offshore contractor Saipem has been awarded new contracts worth total $500 million. According to the company’s statement on Monday, it was awarded a new E&C offshore contract by Saudi Aramco for EPCI (Engineering, Procurement, Construction, Installation) activities and T&I (Trunklines & Inst
ADES International Holding has been awarded a contract by Eni IEOC, the Egyptian subsidiary of Italian oil major Eni, for a new drilling campaign offshore Egypt. ADES is a London-listed company providing offshore and onshore oil and gas drilling and production services in the Middle East and Africa
Keppel Offshore & Marine’s subsidiary, Keppel Shipyard, will soon deliver what it says is the world’s first converted Floating Liquefaction (FLNG) vessel owned by Golar Hilli Corporation, a subsidiary of Golar LNG. The vessel was named Hilli Episeyo at a ceremony in Keppel Shipyard on Sunday. Upon i
In the aftermath of the NonPetya cyber attack that hit one of the major industry players A.P. Moller-Maersk, shutting down its terminals across the globe, World Maritime News spoke with DNV GL on the process of digitalization in the industry that seems to be gaining ground. According to Albrecht Gre
The government of The Gambia has approved FAR Limited’s acquisition of 80 percent interest in offshore Blocks A2 and A5 from Erin Energy Corporation. To remind, FAR bought 80 percent interest and operatorship of Erin Energy’s two offshore blocks, close to the SNE discovery offshore Senegal, back in
The most popular articles of the week. The most popular articles of the week June 26 – July 2.
Tidal Energy Today has compiled the top news from tidal and wave energy industry from June 26 until July 2, 2017.
VIDEO: Shell’s Prelude FLNG on way to Australia Shell’s giant Prelude FLNG facility has left the Samsung Heavy Industries’ Geoje shipyard in South Korea where it was built, bound for waters offshore Western Australia. Coral South FLNG contract goes to Aker Solutions Aker Solutions of Norway has secu
Subsea World News has put together a recap of the most interesting articles from the previous week (June 26 – July 02). Subsea 7 has acquired certain businesses of EMAS Chiyoda Subsea (ECS). The acquisition, under a US bankruptcy code Chapter 11 Plan of Reorganisation, was confirmed by the U.S. Bank
Continued piracy, armed robbery attacks and kidnapping for ransom events in the Gulf of Guinea (GoG), and particularly off Nigeria, are still worrying European shipowners. According to the latest International Maritime Bureau (IMB) Piracy report in total 33 vessels were boarded and four fired upon i
By Karolin Schaps LONDON (Reuters) – Oil prices climbed for a seventh straight session on Friday thanks to a weaker U.S. dollar in their longest bull run since April but were still set for their worst first-half performance since 1998. Lingering worries about oversupply have knocked 16 percent off B