A meeting between Alexander Medvedev, Deputy Chairman of the Gazprom Management Committee and Dusan Bajatovic, Director General of state-owned Srbijagas took place today during the St. Petersburg International Economic Forum 2014. The parties addressed the progress with the South Stream in Serbia as
Odfjell Drilling Ltd. has released its financial report for the first quarter of 2014. Net profit has slightly increased compared to the same quarter last year, while the operating revenue recorded a drop. Operating revenue for Q1 2014 was USD 274 million (USD 296 million), a decrease of USD 22 mill
Chevron North Sea Limited has awarded Airborne Oil & Gas a contract for multiple high pressure flexible jumpers for the Alder project. These flexible jumpers will be the first thermoplastic composite pipes to be used in the UK North Sea. Chevron has contributed to the development of thermoplastic co
As announced previously, nkt cables is involved in the offshore wind farm project “Gemini” developed by Typhoon Offshore B.V. and owned by a consortium of investors. The consortium has now confirmed that the project has reached financial close. With this, nkt cables has now received a binding order
Energy Minister Fergus Ewing has announced that Scottish Enterprise will make a new £3.5 million ($5.9 Mln) investment in Scotland’s growing renewable energy sector. Four projects are being supported through the enterprise agency’s Renewable Energy Investment Fund. – Islay Energy Community Benefit S
DONG Energy has contracted SPT Offshore for the structural and geotechnical design of suction bucket foundations for potentially five transformer substations, namely Burbo Bank Extension, Race Bank and Walney Extension. The 4 suction buckets will potentially form the foundation of 4-leg jackets supp
The deadline for Expression of Interest (EoI) for the development of French tidal energy projects was closed on Friday, May 16th. French President François Hollande called for expressions of interest for pilot tidal farms on September 30, 2013. Under the EoI, seven zones have been provided for the i
EMAS, the operating brand of Ezra Holdings, a leading contractor and provider of integrated offshore solutions to the oil and gas (O&G) industry, informed that the Group has won contracts around the world and across its Subsea Services and Offshore Support Services divisions totalling more than US$9
At Heerema Vlissingen, one of the fabrication facilities of Heerema Fabrication Group, the 8,500 t DONG Hejre launch jacket for client Technip, sailed to its offshore location in the Danish sector of the North Sea. The contract comprises the procurement and construction of a jacket, pre-drilling wel
Prysmian Group, world leader in the energy and telecom cable systems industry, has been awarded by 50Hertz Offshore GmbH a subsidiary of 50Hertz Transmission GmbH, operator of transmission grids in Germany a new contract worth approximately up to € 730 million (including options for grid connections
Nordic Yards has announced that the fourth and last steel jack-up leg was settled into its jacking position on the wind turbine service vessel ‘WIND SERVER’, currently under construction at Nordic Yards in Wismar for Danish customer DBB Jack-Up Services. During the past eight days the four huge stee
Statoil has announced that the production from a subsea template at the Snorre B platform was shut down on 17 May following the discovery of an abnormal erosion of mass under the template. Over the last 24 hours, no movement has been observed in the pit at the subsea template. The area is under cont
Subsea 7 S.A. has been awarded its largest UK EPIC services contract, valued in excess of $460 million by Premier Oil UK Limited, in support of its Catcher Area Development, located 180km east of Aberdeen in Central North Sea Block 28/9. The contract covers the provision of project management, engin
Yamal LNG said it has concluded a binding contract for the supply of liquefied natural gas (LNG) with China National Petroleum Corporation (CNPC). The contract provides for the supply of three million tons of LNG per annum at delivered ex-ship (DES) terms for a period of 20 years. LNG price is index
