Search results for: USD1.6 bln

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  • 10 July 2014
    Equipment, Project & Tenders

    A unit of China National Offshore Oil Corporation said it had signed the company’s largest ever contract with Russia’s Yamal LNG project. The contract value is about $1.6 billion. Under this deal, CNOOC’s Offshore Oil Engineering Co will construct core modules for the liquefaction process of the Yamal plant. This is also China’s first contract […]

  • 6 August 2012

    United Shipbuilding Corporation, its subsidiary Baltiysky Zavod JSC (Baltic Shipyard), has won the contract worth $1.6 Bln for the construction of icebreaker LK-60 of 22220 Project with the capacity of 60 MW. To successfully operate in the Arctic, Russia is constantly developing and improving atomic icebreaking fleet which represents the key element of the Northern Sea Route […]

  • 30 April 2012
    Business & Finance

    The transaction following Statoil’s divestment and exit from several licenses on the Norwegian Continental Shelf (NCS) in November last year is now closed. The buyer was the UK based energy company and established NCS player Centrica and the consideration was USD 1.525 billion. An additional payment of up to US$100 million (£63 million) is contingent […]

  • 21 July 2016
    Operations & Maintenance, Project & Tenders

    L&T Hydrocarbon Engineering (LTHE) in consortium with EMAS Chiyoda Subsea (ECS) has concluded an engineering, procurement, construction and installation (EPCI) contract with Saudi Aramco. The contract valued at over USD 1.6 billion is for the development of the second phase of Hasbah offshore gas field situated off the coast of Saudi Arabia. LTHE’s share in the contract value is […]

  • 4 February 2011
    Business & Finance

      Revenue of Rosneft rose by 35% in 2010 to USD 63.0 bln. The increase was due to higher prices for crude oil and petroleum products, and growth in volumes of oil production and refining. Revenue grew by 12% in Q4 2010 compared with Q3 to USD 17.4 bln, mainly due to higher prices for […]

  • 13 April 2015
    Business & Finance, Research & Development

    In the first quarter of 2015 the global investment in clean energy sector was the lowest in the last two years. Bloomberg New Energy Finance (BNEF) reports the global investment in clean energy was USD 50.5 bln in the first quarter of 2015, which represents the decrease of 15 percent when compared with the Q1 […]

  • 30 December 2012
    Business & Finance, Equipment, Project & Tenders

      1.Four Crew Members Kidnapped Off Nigeria Four crew members have been kidnapped off Nigeria’s coast from an Italian platform supply vessel. Armed pirates have attecked the vessel MV Asso Ventuno, operated by Naples-based Augusta Offshore, on Sunday evening about 40 miles (65 km) off the coast of Nigeria’s Bayelsa state.   2.South Korea’s DSME […]

  • 22 May 2015
    Business & Finance

    The Dutch maritime technology sector has had a good year, posting a 17% increase in turnover, from € 6.4 billion ( USD 7.14 bln) in 2013 to € 7.5 billion (USD 8.36 bln) in 2014. The sector employed 31,680 FTEs, up from 29,361 in 2013. “Overall we see a nuanced picture, with ups and downs,” […]

  • 1 September 2013

    Yang Ming Hires Seaspan’s Five Newbuild Containerships Seaspan Corporation announced on Friday that it has, further to a previously announced binding letter of intent, signed long-term, fixed-rate time charter contracts with Yang Ming Marine Transport Corp. (“Yang Ming”) for five 14000 TEU class newbuilding containerships. CMES Eyes 12 Handymax Bulk Carriers Triggered by a desire […]

  • 14 June 2012
    Business & Finance

    Arctech Helsinki Shipyard Inc. and Alfa-Bank have agreed on a USD 100 million construction time financing package 9 June 2012. The loan arrangement is related to the building projects of multifunctional supply vessels NB 506 and NB 507. “Ensuring the loan was important for us. With the financial arrangement we are able to assure the […]

  • 28 July 2017

    Italian energy giant and LNG player Eni on Friday reported a net profit of €18 million ($21 million) for the second quarter of 2017, compared to a €446 million loss in the corresponding period last year. 

  • 14 June 2012

    Arctech Helsinki Shipyard Inc. and Alfa-Bank have agreed on a USD 100 million construction time financing package 9 June 2012. The loan arrangement is related to the building projects of multifunctional supply vessels NB 506 and NB 507. “Ensuring the loan was important for us. With the financial arrangement we are able to assure the […]

  • 24 February 2013

    Top News of the Week Feb 18 – 23, 2013

  • 18 May 2014
    Business & Finance

    1. Petrobras Finds 5 Bln Barrels of Oil in Santos Basin Petrobras informed that it has completed drilling the last exploratory well in the areas of the Transfer of Rights agreement, in the Santos Basin pre-salt. 2. Installation of Western HVDC Link in Liverpool Bay Postponed The installation of the shallow water section of the […]

  • 1 September 2013

    VIDEO: QCLNG Jetty Nearly Complete (Australia) As QGC approaches the final stages of construction to deliver first LNG in 2014, the company provided a video update of where the QCLNG project is in this phase of the project. Construction of the LNG jetty, the final component in the LNG transfer chain, is nearing completion. USA: […]

  • 8 July 2014
    Business & Finance, Project & Tenders

    Denmark’s Maersk Oil whichcompleted the acquisition of stakes in three Brazilian blocks from SK Energy for USD 2.4 billion in July 2011, now revised its strategy and will no longer pursue growth or operatorship for its business in Brazil. As a consequence of this, Maersk Oil has divested its ownership share in the small producing field […]

  • 14 August 2014
    Business & Finance

    South Korean shipbuilding giant Daewoo Shipbuilding & Marine Engineering (DSME) has seen a healthy order intake in the previous month, putting DSME’s 2014 secured orders value at approximately 5.8 billion USD. DSME’s figures back the estimates that South Korean shipbuilding is entering the recovery mode after it lost its top spot to Chinese rivals. USD […]

  • 14 April 2013

    Norway: Contract Signed for Havyard 857 Subsea IMR Vessel Marine Platforms Limited (MPL) have signed a contract with Havyard Group for the delivery of a Havyard 857 Subsea IMR Vessel. The vessel will be Havyard Newbuilding No. 115 and is scheduled to be delivered… Video: USS Abraham Lincoln’s USD 2.6 Bln RCOH Kicks Off Huntington […]

  • 6 March 2013
    Business & Finance

    Anadarko Petroleum Corporation yesterday, March 5, announced it has signed a definitive agreement with an undisclosed party to enter into a carried-interest arrangement for a portion of Anadarko’s ownership in the Heidelberg development project in the deepwater Gulf of Mexico. Under the terms of the agreement, Anadarko will be carried for $860 million, which represents […]

  • 16 October 2014
    Business & Finance, Operations & Maintenance, Project & Tenders

    Det norske oljeselskap ASA has finalised the acquisition of Marathon Oil Norge AS. Following the integration, Det norske will have close to 500 employees. In 2013, combined production from the two companies amounted to approximately 84 000 barrels of oil per day, making Det norske one of the largest listed independent E&P companies in Europe in terms of […]

  • 1 January 2014

    1.  The World’s Most Innovative Heavy-Lift Vessel Delivered Following sea trials during the past few weeks, Dockwise now confirms the delivery of Dockwise Vanguard. 2.  The Australian Billionaire Unveils Design Plans for Titanic II More than a 100 years since RMS Titanic was due to berth in the United States on its grand maiden voyage, […]

  • 18 February 2013

    Statoil and its partners Total and Det norske have awarded South Korea’s DSME a contract to build the topsides for the Dagny platform, with Aker Solutions as a major sub-contractor. The total contract value is estimated to NOK 6.1 billion (USD 1.1 Billion). Daewoo Shipbuilding & Marine Engineering (DSME) has been assigned to design and […]