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Business & Finance

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Aker Solutions awarded inspection services frame agreement of NOK 730 million (Norway)
Business & Finance

Aker Solutions awarded inspection services frame agreement of NOK 730 million (Norway)

Statoil has awarded Aker Solutions a significant part of the frame agreement for inspection services on all of their offshore installations and onshore plants in Norway. The contract period is for four years with options for further extensions up to four years. The yearly volume of the contract will

about 16 years ago
Brazil: Wellstream Awarded Major Contract by OGX
Business & Finance

Brazil: Wellstream Awarded Major Contract by OGX

Wellstream, a leading manufacturer and supplier of flexible pipe systems and solutions to the offshore oil and gas industry announces the award from OGX Petroleo e Gas of a contract to supply flexible risers and flowlines mid-water arches, umbilicals and other associated equipment and services. The

about 16 years ago
Dredging Conference in India, Needs & Requirements, Issues & Opportunities
Business & Finance

Dredging Conference in India, Needs & Requirements, Issues & Opportunities

In recent times, dredging activities in ports, both capital and maintenance, have been witnessing a massive demand in India. This is increasingly being driven by the government’s plans of constructing new ports and expanding the existing ones to meet future traffic targets. Use of larger vessels, an

about 16 years ago
USA: FMC Technologies Elects Eleazar de Carvalho Filho to Its Board of Directors
Business & Finance

USA: FMC Technologies Elects Eleazar de Carvalho Filho to Its Board of Directors

FMC Technologies, Inc. announced the election of Eleazar de Carvalho Filho to the Company’s Board of Directors. Mr. Carvalho is a founding partner of Iposeira Capital, established in 2003 as an independent advisory and asset management company, as well as Virtus BR Partners. In 2006, Mr. Carvalho wa

about 16 years ago
Great Lakes Center Study Confirms: Lake Erie Is Still Sick (USA)
Business & Finance

Great Lakes Center Study Confirms: Lake Erie Is Still Sick (USA)

The Nearshore and Offshore Lake Erie Nutrient Study (NOLENS) concludes this month, following a year of research headed by principal investigator Chris Pennuto, a research scientist with the Buffalo State College Great Lakes Center and professor of biology. The fundamental question of the study was,

about 16 years ago
Orion Marine Group Closes $75 Million Revolving Credit Facility
Business & Finance

Orion Marine Group Closes $75 Million Revolving Credit Facility

Orion Marine Group, Inc., a leading heavy civil marine contractor serving the infrastructure sector, today announced it has entered into a new $75 million revolving credit facility. An additional $25 million is available under the facility subject to the lenders’ discretion. This new facility replac

about 16 years ago
Renewable energy sector requires more support for offshore wind (UK)
Business & Finance

Renewable energy sector requires more support for offshore wind (UK)

The renewable energy sector requires “urgent action” to ensure that it does not miss its “potential boom era” through a lack of long-term… [mappress] Source: newenergyfocus, July 01, 2010;

about 16 years ago
Vizag Port Expansion Contract Awarded to Leighton Holdings (India)
Business & Finance

Vizag Port Expansion Contract Awarded to Leighton Holdings (India)

Leighton will undertake the construction work, which includes widening the existing 350 metre long general cargo berth by 21 metres for coal unloading, as well as providing foundations for 2.5 kilometres of conveyor gallery and the construction of a new stockyard and administration building. Leighto

about 16 years ago
Norway: BW Offshore Awarded Technology Contract for ENI’s Goliat
Business & Finance

Norway: BW Offshore Awarded Technology Contract for ENI’s Goliat

APL, a division of BW Offshore, has signed a contract with ENI Norge AS for the supply of a complete offloading system. The system will be installed on the Goliat FPSO, which will operate in the Arctic waters of the Norwegian Continental Shelf. The offloading system is based on the Stern Discharge S

about 16 years ago
Technip Bags Major BP Contracts in the UK North Sea Worth EUR 120 Million
Business & Finance

Technip Bags Major BP Contracts in the UK North Sea Worth EUR 120 Million

Technip has been awarded by BP two significant contracts, with a combined total value in the region of £100 million (€120 million). The first award, a three year diving repair & maintenance (R&M) frame agreement contract with two further one year options, covers all diving and R&M activities for BP’

about 16 years ago
New Zealand: AWE’s Kahu-1 Well Drills at 1.350 meters
Business & Finance

New Zealand: AWE’s Kahu-1 Well Drills at 1.350 meters

AWE Limited advises that at 0600 hours today (NZ time) the Kahu-1 well was drilling ahead at a measured depth of 1,350 metres. The Kahu-1 well is an exploration well within PMP 38158, located approximately 3 kilometres east of the producing Tui oil field. Kahu-1 will test the Kapuni group sands with

about 16 years ago
Venezuela and Vietnam Form a Joint Venture Oil Company- PetroMacareo
Business & Finance

Venezuela and Vietnam Form a Joint Venture Oil Company- PetroMacareo

Representatives from Vietnam and Venezuela’s oil and gas industries officially signed a contract in capital Caracas on June 29 to found the PetroMacareo joint-venture in plot Junin 2 in the Orinoco belt, Venezuela. The ceremony was witnessed by Vietnamese Deputy Prime Minister Hoang Trung Hai and ma

about 16 years ago
Norway :IOS Offshore Acquisition Reinforces Acteon’s Mooring Services Capability
Business & Finance

Norway :IOS Offshore Acquisition Reinforces Acteon’s Mooring Services Capability

Acteon completed its previously announced acquisition of IOS Holding AS and its subsidiary IOS Offshore AS from Norse Cutting & Abandonment AS. Established in 1986, IOS Offshore is a leading supplier of mooring equipment and services to the Norwegian offshore oil and gas industry. The company has it

about 16 years ago
Norway: Aker Solutions Clinches Inspection Services Frame Agreement of NOK 730M ($112 M)
Business & Finance

Norway: Aker Solutions Clinches Inspection Services Frame Agreement of NOK 730M ($112 M)

Statoil has awarded Aker Solutions a significant part of the frame agreement for inspection services on all of their offshore installations and onshore plants in Norway. The contract period is for four years with options for further extensions up to four years. The yearly volume of the contract will

about 16 years ago
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