German company OceanWaveS GmbH and the Natural Environment Research Council has signed a renewed and extended licence deal for X-band radar technology developed at the National Oceanography Centre. The licensed technology was developed at NOC by Dr. Paul Bell and utilises an advanced software algori
Housed in one of the tallest single floor buildings in Europe, at 58 metres, the world’s most advanced steel tube umbilical manufacturing facility, which reinforces Technip Umbilicals’ position as a key subsea player, has been officially opened. The increased capability will allow the company to acc
Within the Petersburg International Economic Forum Rosneft and EuroChem signed a 6-year contract for gas supplies. The document was signed by Rosneft President, Chairman of the Management Board Igor Sechin and the General Director of OJSC “Mineral and Chemical Company “EuroChem” Dmitriy Strezhnev. T
UK Ministry of Defence’s DE&S Organization has issued a tender for a diver Launch and Recovery System (LARS). Salvage and Marine Operations has a requirement for a diver LARS to support surface supply diving operations to 50m. One of the key requirements is for LARS not to have a footprint larger th
Alexey B. Miller of Gazprom and Chairman of the Management Board of Novatek Leonid V. Mikhelson signed Heads of Agreement for the supply of liquefied natural gas (LNG) between Yamal Trade and Gazprom Marketing & Trading Singapore. The document provides for the supply of up to three million tons of L
The Norwegian Petroleum Directorate (NPD) has granted Statoil Petroleum AS a drilling permit for well 7324/2-1 in the Barents Sea. Well 7324/2-1 (Apollo) will be drilled from the Transocean Spitsbergen drilling facility at position 73°51’47.90″ north and 24°32’29.90″ east. The drilling program for w
Gazprom CEO Alexey Miller and Eni CEO Claudio Descalzi have today signed an agreement to revise the terms of gas supply contracts. The agreement involves a reduction in supply prices and an important change in the price indexation to fully align it with the market. In addition, in 2014 Eni’s ability
Vard Holdings Limited (“VARD”), one of the major global designers and shipbuilders of offshore and specialized vessels, has secured a new contract with Island Offshore for the construction of one offshore support vessel of Rolls-Royce design. The value of the contract is in excess of NOK 1 billion.
Tallinn University of Technology (TUT) is in search of a contractor for repair and maintenance works on its research vessel RV “Salme”. The vessel, with an overall length of 31.3m, is capable of conducting a wide variety of survey operations in the Baltic Sea region, including oceanographic surveys,
Poland’s Remontowa Shipbuilding S.A has received an order to build an AHTS vessel for a new client. The contract for construction of an anchor handling, tug and supply vessel destined to serve in harsh environment conditions was signed on 8th of May 2014. The vessel will be built for a Canadian – No
North Highland College – Environmental Research Institute has issued a tender for hydrographic instruments support services. The contract is for the provision of hydrographic instrumentation support for a minimum of one day per week dependant on needs, weather and sea conditions. The project will st
Svenska Kraftnät (Swedish national grid), a state-owned public utility, has invited tenders for the provision of submarine power cables as a part of the Stockholm Ström projects. The scope of work includes the submarine cable installations, underground cable installations, tunnel cable installations
A working meeting of Vitaly Markelov and Alexander Medvedev, Deputy Chairmen of the Gazprom Management Committee with Jean-Francois Cirelli, Vice-Chairman and Deputy Chief Executive Officer of GDF SUEZ took place today within the St. Petersburg International Economic Forum 2014. The parties discusse
ShawCor’s pipe coating division, Bredero Shaw, has received a contract with a value of approximately US$70 million from BP Exploration (Shah Deniz) Ltd. for and on behalf of the South Caucasus Pipeline Company Ltd. for coating services for the South Caucasus Pipeline Expansion (SCPX) project. The ob