News
Gazprom Launches Bovanenkovo Gas Field, Russia
The Bovanenkovo oil and gas condensate field hosted celebrations dedicated to launching commercial gas production in the new large gas-bearing region – the Yamal Peninsula. First startup complexes of the Bovanenkovo field and the Bovanenkovo – Ukhta gas trunkline systems are commissioned. The celebr
UK: GSP Bags Hunter Field Pipelay and Trenching Contract
Grup Servicii Petroliere S.A. has been awarded the contract for pipelay and trenching services for the Hunter Pipeline Replacement Project by E.ON E&P UK LIMITED. The scope of work comprises installation of 8 km 8’’ pipeline between Hunter well head and Murdock K well, trenching and backfilling, sur
France: Technip Revenue Rises
Technip today announced its third quarter 2012 results. Highlights Order intake of €2.8 billion Record backlog of €13.5 billion, of which €6.1 billion in Subsea Revenue of €2.1 billion Operating margin1 of 10.3% Net income of €146 million Full Year 2012 Ooutlook Group revenue towards €8.0 billion (f
USA: AMEC Joins Forces with Samsung for Future Oil and Gas Projects
AMEC, the international engineering and project management company, has formed a joint venture with Samsung Heavy Industries and Samsung Engineering to carry out the design engineering for fixed and floating offshore platforms, FPSOs and subsea pipelines for Samsung’s future offshore oil and gas pro
UK: Shell Acquires Interests in Beryl Area Fields
Shell announced today the signing of an agreement with Hess Corporation to acquire its interests in the Beryl area fields and the Scottish Area Gas Evacuation System (“SAGE”), for US$ 525 million. The Beryl Area includes 12 fields located on the UK Continental Shelf. The fields are operated by Apach
Germany: BaltShip Transports World’s Longest Wind Turbine Blade
Thursday 18 October, the BaltShip started the transport of the world’s longest wind turbine blade from SSP Technology in Kirkeby, Denmark. With a length of 83.5 meters and a rotor diameter of 171.2 meters, the blade is by far the largest produced to date. Passing the blade by car at the speed of 50
Shell to Acquire Interests in Beryl Area Fields, UK
Shell said that it has signed a deal with Hess Corporation to acquire its interests in the Beryl area fields and the Scottish Area Gas Evacuation System, for US$ 525 million. The Beryl Area includes 12 fields located on the UK Continental Shelf. The fields are operated by Apache and with the acquisi
Switzerland: Steady Orders and Higher Revenues for ABB
ABB reported steady orders and higher revenues in the third quarter of 2012 despite a challenging macroeconomic environment, as the company benefited from its well-balanced market exposure, especially the improved access to the North American automation market gained through recent acquisitions. Pow
UK: SAL to Install Two Weather Monitoring Stations for East Anglia Offshore Wind Zone
Aberdeen based Wood Group Engineering (North Sea) Ltd has awarded a contract to Seaway Heavy Lifting Contracting Ltd for the transportation and installation of two weather monitoring stations for the East Anglia Offshore Wind zone, located in the Southern North Sea, East Anglia Field, UK. The offsho
UK: SAL to Install Two Weather Monitoring Stations for East Anglia Offshore Wind Zone
Aberdeen based Wood Group Engineering (North Sea) Ltd has awarded a contract to Seaway Heavy Lifting Contracting Ltd for the transportation and installation of two weather monitoring stations for the East Anglia Offshore Wind zone, located in the Southern North Sea, East Anglia Field, UK. The offsho
The Netherlands: Superior to Launch Industrial Floatation Products at METS 2012
Superior is set to launch its SuperiorWork range of industrial floatation products at METS 2012. The SuperiorWork range features rotomoulded hose/pipe and cable floats, floating walkways and work platforms, fabricated metal gangways and bridges and floating pump pontoons. The range has been designed
Isle of Wight: Power Cables Cut During Dredging (UK)
After the contractors dredging Yarmouth Harbour accidentally cut through cables, power supplies to a swing bridge have been cut, reports BBC. Peter Hayward, Isle of Wight Council manager for highways and transport, said: “The council is working closely with the harbour commission to make sure repair
Enagas Reports Net Profit of EUR 281.4 Million, Spain
Enagás reported net profit of €281.4Mn for the first nine months of 2012, up 3.9% on the €270.8Mn obtained in the same period in 2011. This is in line with the target to maintain net profit for the year similar to the 2011 figure. Like-for like operating expenses grew just 0.9% vs. the same period [
Le Havre Port Wants to Invest in Chinese Ports Sector
Le Havre port officials have introduced plans to make large investments in Chinese ports sector, according to chinadaily.com. Gerard Mercher, general manager of Le Havre Development, stated: “We are looking for opportunities to invest in Chinese ports especially in the second-tier cities, which have