Dockwise Ltd. today announces 10 awards for Heavy Marine Transport projects and two for engineering assignments related to a float-over for CNOOC and to Wheatstone. Total revenues for these various commitments are expected to exceed $35 million USD. The relationship between the China National Offsho
Transnet National Ports Authorities (TNPA) Transnet Ltd. is the largest state-owned enterprise active in the logistics chain in South Africa. Every day, the company delivers thousands of tons of goods in and around the country. It administers and maintains railways, trains, logistic centres, fuel an
On Wednesday 9th of June over 100 youthful engineers, contractors, industry and governmental representatives from the Netherlands and… [mappress] Source: CEDA, June 23, 2010
Aberdeen-based subsea engineering business yesterday outlined plans for a significant expansion, with its workforce expected to more than… [mappress] Source: Businessscotsman, June 23, 2010:
IHC Merwede is pleased to announce that it has recently secured assignments for dredging and offshore vessels and equipment to the value of more than €500 million. This reinforces the group’s belief that there will be continued demand for its innovative vessels, advanced equipment and life-cycle sup
Technip has been awarded a major four-year term agreement by BG Group for the provision of pre-FEED(1), FEED, full EPIC(2) and IRM(3) services in both the United Kingdom and Norwegian Continental Shelves. The agreement contains a provision to extend the contract with a further three one-year options
FMC Technologies, Inc. announced today that it has signed an agreement with Statoil for the manufacture and supply of subsea production equipment to support the Pan Pandora field. The award has a value of approximately $70 million in revenue to FMC Technologies. Pan Pandora is an offshore oil and ga
Dolphin Drilling Ltd, a subsidiary of Fred. Olsen Energy ASA, has entered into a contract for the provision of the accommodation semi-submersible Borgholm Dolphin with BP Exploration Operating Company Ltd. The contract is for a nine month period commencing first quarter 2011 supporting operations on
Spring Energy has successfully amended its exploration loan facility with its banking group that comprises Merchant Banking, Skandinaviska Enskilda Banken AB , DnB NOR (“DNB”) and BNP Paribas Spring Energy has secured commitments from the Lenders to increase the Facility amount from NOK1,000 million
Hess Corporation today announced it has exercised its right to pre-empt Total’s sale to BP of its interests in a pair of Norwegian North Sea offshore fields, Valhall and Hod. Hess will gain additional interests of 7.85 percent in Valhall and 12.5 percent in Hod for $496 million in cash. Together wit
Electromagnetic Geoservices ASA (EMGS) announces that it has been awarded a multi-year contract worth a minimum of USD 150 million by one of the world’s largest oil companies. The 3D EM campaign will employ one of EMGS’s purpose-built 3D EM vessels continuously throughout the duration of the contrac
The two Shtokman partners to expand cooperation through a sci-tech cooperation program. Today within the framework of the St. Petersburg International Economic Forum 2010 Alexander Medvedev, Deputy Chairman of the Gazprom Management Committee and Peter Mellbye, Executive Vice President of Statoil si
BW Offshore Limited , one of the world’s leading FPSO contractors and a market leader within advanced offshore loading and production systems to the oil and gas industry, announced today its intention to make a voluntary exchange offer for all of the shares of Prosafe Production Public Limited not c
An IADC Best Paper Award for a Young Author was presented to Kaitlin McCormick of EA Engineering, Science and Technology, Inc. of Maryland… [mappress] Source: IADC, June 18, 2010