Polarcus Limited announced today that the Company has received two Letters of Intent for a combined minimum work program of 3,550 square kilometers offshore Southwest Africa, with the high potential for the program to expand to 5,000 square kilometers. The two separate Letters of Intent require the
Leighton Offshore announced the signing of an EPC contract with Iraq’s South Oil Company to install three single point moorings (SPMs) and 120 kilometres of 48- inch pipelines in the Arabian Gulf, offshore Iraq. The project will provide enhanced export facilities from the Fao Terminal near Al Basrah
Lamprell , a leading provider of specialist engineering services to the international oil & gas and renewables industry, confirms that pursuant to an announcement issued earlier today by Eurasia Drilling Company Limited (“Eurasia”), it has entered into a Memorandum of Understanding with Eurasia for
The semi submersible drilling rig “Lone Star” has been delivered and handed over to their client Queiroz Galvão Perfuraçoes S.A. offshore Abu Dhabi on 13 October 2010. The rig is the first out of a series of three semi submersible drilling rigs which the Company will supply to Brazilian clients. Del
Polarcus Limited announced that the Company has received a Letter of Intent for a 3D seismic acquisition project estimated at up to three months duration. The project, presently assigned to POLARCUS ASIMA, will commence upon completion of the vessel’s current operations in the Black Sea. As a result
Technip has been awarded a lump sum engineering, procurement, fabrication, installation, commissioning and start-up contract, worth nearly USD400 million, by the Khafji Joint Operations (joint venture between Aramco Gulf Operations and Kuwait Gulf Oil Company), for the Khafji Crude Related Offshore
Global Industries, Ltd. announced today that its wholly owned subsidiary, Global Offshore International, Ltd., has been awarded a contract from Dubai Petroleum Establishment (DPE) to perform the Al Jalilah Platform and Pipelines EPC project. The project, which should be completed in the first half o
Aker Solutions has been selected to supply further subsea umbilicals for leading US independent oil and gas company Noble Energy Inc. The deal is worth approximately NOK 270 million. This latest order is an exercise of options agreed under the initial NOK 650 million umbilical contract which was ann
McDermott International, Inc. , announced that one of its subsidiaries was awarded a Contract Release Purchase Order under the Offshore Maintain Potential Project, as part of the Long Term Agreement with Saudi Aramco. This award was included in McDermott’s second quarter 2010 backlog. “Our ability t
Topaz Energy and Marine yesterday announced the successful project delivery of the deck structure of a ‘Mobile Offshore Production Unit and storage’ (MOPUstor). The MOPUstor deck was constructed by Topaz Fabrication and Construction; part of the Topaz Engineering division under a subcontract from Si
Euronav NV announced today that TI Africa Ltd., the owner of FSO Africa, has signed a new contract with Maersk Oil Qatar AS (MOQ) for the provision of FSO services on the Al Shaheen field offshore Qatar. Within the limits of its confidentiality obligations, the Company disclosed that the contract ha
Dubai Deutsche Bank AG London Branch (DB) and Standard Chartered Bank (SCB), along with Abu Dhabi Commercial Bank ADCB, DBS Bank Ltd… [mappress] Source: zawya, August 19, 2010;
BP has delayed the start of drilling at its offshore Libyan blocks from July to later in the year, company spokeswoman Sheila Williams… [mappress] Source: zawya, August 16, 2010;
Noble Energy, Inc. announced today that it has received government approval for the development of the 2009 Tamar gas discovery in the Mediterranean offshore Israel. Until recently, Noble Energy and its partners planned to develop Tamar using an option (Tamar North) that would flow gas from the deep
