Statoil is entering into frame agreements involving maintenance and modification work valued at NOK 49 billion (USD 7,6 billion), options included. The agreements, which have duration of four years with two two-year extension option, will occupy more than 5,000 people during the period. Five compani
Great Lakes Dredge & Dock Corporation – reported today that four of its dredging vessels, including three hopper dredges and one cutter suction dredge, along with other ancillary equipment, are currently working on the construction of sand berms off the Louisiana Coast in response to the oil spill c
An ongoing dispute over who should bear the costs of onshore grid upgrades necessary to connect planned Round III wind farms is “the single biggest issue facing developers,” a top official in the Crown Estate tells Recharge. The official said that there has been little progress in resolving the issu
In June, REpower Systems AG passed the one gigawatt milestone with wind energy systems installed in France. The manufacturer has installed around 500 turbines across the country since 2002. This corresponds to 20% of France’s existing wind energy capacity. Alongside its activities in the sale, insta
In June, REpower Systems AG passed the one gigawatt milestone with wind energy systems installed in France. The manufacturer has installed around 500 turbines across the country since 2002. This corresponds to 20% of France’s existing wind energy capacity. Alongside its activities in the sale, insta
The joint venture DEC, Dredging International, Jan De Nul and Envisan has finalised today the purchase of 140 hectare (approx. 345 acres) derelict and contaminated land. The area was released after the failure of the companies Nilefos Chemie and MisaEco and is located on the territory of the municip
At this year’s IADC UNESCO-IHE Dredging Seminar, held from 21 – 25 June, seventeen young professionals from Colombia, Ethiopia, Ghana, Hong… [mappress] Source: IADC, June 30, 2010
Business prospects in the Energy Sector of Siemens AG have improved. “There are signs of an upturn in sections of the market for infrastructure in the field of energy technology. Our customers are again increasing their investments in new projects and placing orders. The number of invitations to ten
Alfa Laval – a world leader in heat transfer, centrifugal separation and fluid handling – has signed a purchase agreement with Vestas, world leading manufacturer of wind turbines. The agreement, which is for oil coolers, is valid for five years with an estimated total value of about SEK 150 million.
Endeavour International Corporation announced today that the United Kingdom Department of Energy and Climate Control (DECC) has approved… [mappress] Source: Alphatrade, June 30, 2010
Statoil has awarded Aker Solutions a frame agreement for maintenance and modifications on their offshore installations Snorre A/B, Gullfaks A/B/C, Visund and Åsgard A/B in Norway. The contract period is for four years and includes options for further extensions up to four years. The yearly volume of
Technip has been awarded a lump sum engineering, procurement, installation and construction (EPIC) contract by Burullus Gas Company SAE(1) for the West Delta Deep Marine (WDDM) Phase VIIIa development project. The contract value is in excess of USD300 million. The project consists in the expansion o
Asim Ghosh, Husky Energy Inc.’s new boss and a man with virtually no experience in the energy business, sees himself more as a fund manager… [mappress] Source: Financial Post, June 30, 2010
The Petroleum Safety Authority Norway (PSA) has given Marathon consent to carry out manned underwater operations on the Volund and Alvheim fields in the North Sea using the vessel DSV Seven Pelican. The consent relates to carrying out manned underwater operations (MUO) in 2010 and includes well work