Wood Group PSN (WGPSN) has secured two major contract extensions in Africa, worth around $250 million USD. WGPSN has secured a five year contract extension to provide operations, maintenance and construction management services for asset facilities in central Africa in a deal worth more than $140 mi
INPEX has announced that the Government of Abu Dhabi has decided on the extension of the Concession for the Upper Zakum Oil Field, offshore Abu Dhabi, United Arab Emirates (UAE). The Concession has now been extended to 31st December 2041 by adding more than 15 years to the previous term. The Upper Z
Three Crewmen Rescued after Vessel Caught Fire in North Sea Three crewmen have been rescued off Lowestoft this afternoon after their vessel caught fire in the North Sea. BMT, Sigmund Present HMS Illustrious Design Concept BMT Nigel Gee (BMT), in partnership with Sigmund Yacht Design, has conceived a
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ALE Heavylift: Moving APLNG Modules (VIDEO) ALE Heavylift posted a video showing how the modules are being moved on Curtis Island for Australia Pacific LNG project. Fluor, JGC Secure EPC Contract for Kitimat LNG Fluor Corporation announced that its joint venture with JGC was awarded an engineering,
Horizon Survey and Geotechnical Companies (Horizon) has taken delivery of their new build DP2 Geotechnical Drillship, ‘Quest Horizon’. The 65m vessel was commissioned and designed specifically to support Horizon’s geotechnical drilling projects. The ‘Quest Horizon’ can also be utilised for survey, R
Monday, January 13th witnessed the official opening ceremony of Damen Shipyards Sharjah FZE – the newest shipyard of Albwardy Marine Engineering. In a joint venture between the Damen Shipyards Group and Albwardy Marine Engineering, the core activities at DSS will continue along the tried and trusted
Global energy demand continues to grow but that growth is slowing and mainly driven by emerging economies – led by China and India – according to the BP Energy Outlook 2035, published yesterday. This is the fourth annual edition of the Outlook, and for the first time it sets out BP’s view of the mos
Federal Minister for Petroleum and Natural Resources, Shahid Khaqan Abbasi said Pakistan would ask Iran to set a new timeframe for completion of Iran-Pakistan (IP) gas pipeline project. Addressing a press conference, the minister reiterated that the government was making all-out efforts to resolve t
Meyer Werft Delivers ‘Norwegian Getaway’ Norwegian Cruise Line took delivery of the 145,655 gross ton cruise ship Norwegian Getaway from MEYER WERFT on January 10, 2014 after a building period of only 15 months. Bourbon Sells 12 Vessels for USD 378 Million Bourbon announced the transfer of ownership
Camac, Bumi Armada Sign LOI for ‘Armada Perdana’ FPSO CAMAC Energy Inc. has signed a letter of intent for a long-term agreement for the floating, production, storage, and offloading system (“FPSO”) ARMADA PERDANA. Oil Leaking from Hibernia Platform Offshore Canada Hibernia Management and Developme
President of Pakistan Mamnoon Hussain met on Tuesday with Saadaldeen Ali Salim Talib, Yemeni Minister for Industry, urging the two sides to move for early finalisation of arrangements for import of LNG from Yemen. He said that expeditious finalization of import of LNG from the Yemen would help Pakis
ConocoPhillips has provided an update on fourth-quarter production guidance. The recent quarter’s average production was negatively impacted by significant weather-related downtime in several operational areas, notably in the Lower 48 and the North Sea. As a result, fourth-quarter production for con
Delek Drilling Limited Partnership and Avner Oil Exploration – Limited Partnership and the other partners in licenses 349/Rachel and 350/Amit signed a natural gas supply agreement with the PPGC. According to the agreement PPGC will buy the gas for power plant operational needs which the company plan
