Africa
Vallianz bags new charter contracts
Singapore’s Vallianz Holdings Limited has clinched Letters of Award and new charter contracts with a total value of US$64 million in Mexico, West Africa and the Asia Pacific region. The Group will be supplying vessels ranging from anchor handling tug supply vessels (AHTS), platform supply vessels (P
Boskalis and Van Oord Confirm New Suez Canal Gig
Royal Boskalis Westminster N.V. (Boskalis) and Van Oord have officially confirmed that a consortium consisting of Boskalis, Van Oord, National Marine Dredging Company (NMDC) of Abu Dhabi and Jan de Nul (Belgium) has won a major contract from the Suez Canal Authorities for the next phase of the New S
Jurong Shipyard Nets TEN FPSO Deal
Sembcorp Marine’s Jurong Shipyard has been contracted by MODEC Offshore Production Systems (Singapore), to complete the repair and life extension, and conversion of a VLCC into a Floating Production Storage and Offloading (FPSO) vessel as part of the TEN Development Project. This is the twenty-secon
Genel Energy Finds Oil in Sidi Moussa Offshore Morocco
Serica Energy confirmed that the SM-1 well in the Sidi Moussa block offshore Morocco has reached a total depth of 2,825m MDBRT (measured depth below rotary table) and encountered oil during drilling operations. Preparations are underway to perform cased hole testing. Serica has a 5% working interest
Sembcorp Enters Offshore Energy Projects
Singapore-based marine and offshore engineering group Sembcorp Marine has secured offshore energy related contracts valued at a combined SGD 222 million (USD 174.3m) through its subsidiaries Jurong Shipyard Pte Ltd and Sembmarine SLP. Jurong Shipyard has been contracted by MODEC Offshore Production
Genel finds oil in Sidi Moussa block off Morocco
Serica Energy plc has informed that the SM-1 well in the Sidi Moussa block offshore Morocco has reached a total depth of 2,825m MDBRT (measured depth below rotary table) and encountered oil during drilling operations. Preparations are underway to perform cased hole testing. Tony Craven Walker, Chair
Suez Canal Expansion Contracts Awarded
Egypt’s Prime Minister Ibrahim Mahlab and the Chairman of the Suez Canal Authority, Mohab Mohamed Hussein Mameesh, signed a contract with six companies in Cairo on October 18th for the deepening and widening of the Suez Canal, a vital shipping link between Europe and Asia. A consortium consisting of
Tamar Partners sign LOI on gas supply to Egypt
The partners in the Tamar gas field, offshore Israel, signed a letter of intent to supply gas to Dolphinus Holdings of Egypt. “The parties confirmed their intention to carry out exclusive negotiations on an agreement for the supply of natural gas from the Tamar Project to Dolphinius using the existi
Sembcorp Marine hired for TEN FPSO work
Sembcorp Marine has announced that its subsidiaries Sembmarine SLP and Jurong Shipyard Pte Ltd has secured offshore energy related contracts valued at a combined S$222 million ($174.3 million). Jurong Shipyard has been contracted by regular customer MODEC Offshore Production Systems (Singapore) Pte
Readers’ Picks of the Week (13-17th of October)
Cruise Passenger with Ebola Symptoms Denied Entry to Belize A Dallas hospital nurse who was reportedly in contact with specimen collected from a deceased Ebola patient, travelling on board Carnival Magic, has been denied entry to Belize. (read more…) Hindustan Shipyard Badly Damaged by Hudhud Damage
Multi-Billion New Suez Canal Contracts Announced
A consortium consisting of Van Oord, Royal Boskalis Westminster N.V., NMDC (Abu Dhabi) and Jan de Nul (Belgium) has acquired a contract from the Suez Canal Authorities in connection with the expansion of the Suez Canal, which provides a vital shipping link between Europe and Asia. The total contract
Top news of the week October 13-18, 2014
Arun LNG export story comes to an end Last week the global LNG industry reached a major turning point after Indonesia’s Arun plant stopped producing LNG. KBR, Daewoo Score Mozambique FLNG contract KBR and Daewoo Shipbuilding & Marine Engineering (KD Consortium) has been awarded a front end engineeri