Petronet LNG, India’s largest liquefied natural gas importer, has reportedly signed a deal to buy 0.8 million tonnes of LNG from RasGas of Qatar in the fiscal year that began on April 1. The LNG will be delivered to Petronet’s Dahej terminal, Reuters reported, citing an unnamed source. Petronet alre
Drydocks World the leading international service provider to the marine and maritime sectors including to the oil & gas and energy industry, today announced the completion of major repair and refurbishment of National Drilling Company’s (NDC) jack-up drilling rig Al Ittihad. The company has successf
The Shah Deniz consortium announces a major offshore transport and installation contract award for the Stage 2 development of the Shah Deniz field to the BOS Shelf LLC, Saipem Contracting Netherlands B.V. and Star Gulf FZCO consortium. The award of this $1.8 billion contract, part of the Shah Deniz
Kuwait Petroleum Corporation (KPC) has reportedly signed a contract with Qatargas to buy liquefied natural gas from the world’s largest producer of LNG to help meet its energy needs to the end of 2014. Qatargas will send the first LNG shipment to Kuwait on Monday, Kuwait News Agency (KUNA) reported.
Baku Shipyard LLC (Baku Shipyard) has secured a contract worth US$378 million from BP Exploration (Shah Deniz) Ltd, the operator of the Shah Deniz gas field development, to design and build a Subsea Construction Vessel (SCV). When completed, the SCV will be deployed for the Stage 2 development of th
The AAE-1 Consortium, owners of the Asia-Africa-Europe-1 submarine cable spanning approximately 25,000 km connecting Asia, Middle East, Africa and Europe, and TE SubCom, a TE Connectivity Ltd. company, announced that the contract for the majority of segments of the AAE-1 system has come into force.
Prysmian Group, world leader in the energy and telecom cable systems industry, has been awarded a new contract worth approximately € 30 million (USD 41,4 million) by UAE-based construction company Emirates Holding on behalf of major offshore oil and gas producer ADMA-OPCO (Abu Dhabi Marine Operating
Prysmian Group has been awarded a new contract worth approximately € 30 million ($41.4 million) by UAE-based construction company Emirates Holding on behalf of major offshore oil and gas producer ADMA-OPCO (Abu Dhabi Marine Operating Company) for the design and manufacture of submarine cable links f
Seamec Limited and Sea Horse General Contracting Establishment, UAE, Dubai, have extended the charter hire contract for the diving support vessel “Alliance”. The contract has been extended until April 30, 2014. The vessel, which is under bareboat charter with Seamec, will be working in offshore Egyp
FMC Technologies, Inc. has received an order from BP to supply subsea systems for its Shah Deniz Stage 2 project in the Caspian Sea. The order has an estimated value of $322 million in revenue. FMC Technologies’ scope of supply includes subsea manifolds, associated controls and connection equipment
Shell and BP have reportedly signed deals to supply Kuwait with LNG over the next 5-6 summers. The total volume of LNG to be delivered between the two companies would be around 2.5 mtpa, Jamal Al-Loughani, deputy director of marketing at Kuwait Petroleum Corp. (KPC), told the Kuwaiti Al-Seyassah new
The Shah Deniz consortium informed that the Stage 2 project continues to progress on schedule with further major construction and supply contracts recently awarded. The contract for the fabrication of the jackets for the two planned offshore platforms, pin piles and subsea structures has been awarde
Seamec Ltd has informed that vessel Seamec Princess will complete its charter with Kreuz Subsea in South East Asia in the second week of April, 2014. The company has entered into a charter with the French oilfield services provider Technip for the deployment of the DP2 Saturation Diving Support vess
Nexans’ Direct Electrical Heating (DEH) cable systems will be installed to help in maintaining the reliable flow of products from the Shah Deniz field, located in the Azerbaijan sector of the Caspian Sea. The world’s largest DEH project to date will see Nexans deliver a total of 130 km of the cable
