Business & Finance

Tendeka inks Thailand deal with Mubadala
Completions service company Tendeka has signed a three-year contract with Mubadala Petroleum to supply sand-face completion equipment in Thailand. The deal will see Tendeka supply its FloElite sand screens and FloSure autonomous inflow control devices (AICDs) to Mubadala Petroleum’s Jasmine, Manora

FAR and Woodside reach settlement in Senegal dispute
Australian FAR Limited has reached a settlement with compatriot Woodside related to Woodside’s entry into the Sangomar project, located offshore Senegal.

Tendeka Inks Thailand Deal with Mubadala
Completions service company Tendeka has signed a three-year contract with Mubadala Petroleum to supply sand-face completion equipment in Thailand. The deal will see Tendeka supply its FloElite sand screens and FloSure autonomous inflow control devices (AICDs) to Mubadala Petroleum’s Jasmine, Manora

Hayling Island Coastal Protection Job Complete
This spring’s beach management activities at Hayling Island which consist of recycling beach material from Gunner Point and the Coast Guard Revetment to the Eastoke frontage are now complete, Eastern Solent Coastal Partnership (ESCP) reports. Contractor Les Searle Group moved over 33,000m³ of materi

Johan Sverdrup to Reach Plateau Production Ahead of Schedule
Equinor expects to reach plateau production from the Johan Sverdrup first phase in early May, earlier than anticipated. Due to higher plant capacity, plateau production will increase from around 440,000 barrels of oil per day to around 470,000 barrels per day. Plateau production was previously expec

SeaTwirl and Crest Consultants join hands for Brazil’s offshore wind
SeaTwirl has entered into a cooperation with Crest Consultants AB for the offshore wind market in Brazil. The aim is to identify specific areas that are suitable for offshore wind power, to develop concept products with Brazilian partners based on SeaTwirl’s technology and Crest’s engineering experi

NFWF, NOAA: $43M in Coastal Resilience Grants
The National Fish and Wildlife Foundation and NOAA’s Office for Coastal Management has announced more than $43 million in grants to improve the resilience of local communities and wildlife habitat in the face of increasingly severe and frequent natural disasters. The grants will support natural and

Sea Isle City Beach Replenishment Postponed
Sea Isle City Business Administrator, George Savastano, informed the City Council members at their March 24 meeting that beach replenishment, scheduled for the spring, has been postponed to mid-June. Previously, the U.S. Army Corps of Engineers was awarded a $32.5 million contract by the state for b

Pipeshield marks good start of 2020
Tekmar’s subsea asset protection specialist Pipeshield has secured 20 new projects in the first quarter 2020 from customers in the UK, Europe, US, Middle East and Asia. Amongst a multi-million-dollar total value awards is a contract to supply over 90 4Te Precise Rock Placement Units (PRP’s) to the M

Pipeshield Marks Good Start of 2020
Tekmar’s subsea asset protection specialist Pipeshield has secured 20 new projects in the first quarter 2020 from customers in the UK, Europe, US, Middle East and Asia. Amongst a multi-million-dollar total value awards is a contract to supply over 90 4Te Precise Rock Placement Units (PRP’s) to the M

Brennan’s Environmental Group in Rhode Island VIDEO
This season, good fortune shone on Brennan’s Environmental group as they procured a winter river restoration project in Rhode Island. “The general scope for this project remained along the lines of past work, where we restore river depths to facilitate and improve water quality, fish migration, but

Japan’s Two Shipbuilding Giants to Form JV in October
Imabari Shipbuilding and Japan Marine United Corporation agree to form a joint venture.

Kim Heng sets up offshore wind joint venture company in Taiwan
Singaporean offshore services provider Kim Heng Marine & Oilfield (KHMO) has established a joint venture company with a Taiwanese company to jointly pursue offshore wind projects in Taiwan. The joint venture company, Bridgewater Marine (Taiwan) Limited, is 51 percent owned by the Taiwanese company a

Petrobras’ charter for BW Offshore’s FPSO expires with no firm plan in sight
BW Offshore has stated that the charter agreement and services agreement for the FPSO Cidade de São Mateus with Brazilian oil major Petrobras has ended.