Sembcorp Marine marked a major milestone in its growth and expansion strategy today with the ground-breaking of its Integrated New Yard Facility at Tuas View Extension. Representing Singapore’s first integrated yard facility, this landmark development will further reinforce Sembcorp Marine’s competi
Brazil’s state-run oil company announced Monday it will invest 224 billion US dollars through 2014 and double production by 2020. About … [mappress] Source: Mercopress, June 22, 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
AGR Goup wholly owned subsidiary, AGR Drilling Services Pty Ltd (“AGR DS”), has today signed a contract with Van Oord Australia Pty Ltd… [mappress] Source: agr, June 22, 2010
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
AGR Goup wholly owned subsidiary, AGR Drilling Services Pty Ltd (“AGR DS”), has today signed a contract with Van Oord Australia Pty Ltd (“Van Oord”) whereby AGR DS will provide excavation services to the Gorgon Project. Under the contract AGR DS will provide UK sister company AGR Subsea Ltd’s well-p
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
In compliance with its commitment to protect and preserve the environment, the ACP along with the contractors for each component of the program and in coordination with Panama’s National Environmental Authority (ANAM), conducts wildlife rescue and relocation operations as it progresses in the variou
Abu Dhabi Ports Company which is developing and commissioning several ports along the Abu Dhabi coastline to support a growing economy is… [mappress] Source: worldnews, June 22, 2010;
China will invite public bidding for more offshore wind power projects in the next five years to reach an installed offshore wind-power… [mappress] Source: chinadaily, June 21, 2010;
The Western Dredging Association (WEDA), the ‘Recognized Center of Dredging Excellence’ hosted with Texas A & M University (TAMU), their Annual Western Hemisphere Dredging Conference. It was held in San Juan Puerto Rico June 6-9, 2010. The Goals and Objectives of Western Hemisphere Conferences are t
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
