On 16 June 2011, as a part of St. Petersburg Economic Forum, Russia’s largest tanker company Sovcomflot and the State corporation “The Bank for Development and Foreign Economic Affairs (Vnesheconombank)” signed a bilateral agreement on cooperation. The document was signed by SCF’s President and CEO
Shell and China National Petroleum Company (CNPC) today signed a Global Alliance Agreement emphasizing their shared intent to pursue mutually beneficial cooperation opportunities internationally as well as in China. The two parties also signed a Shareholders Agreement to establish a Well Manufacturi
Damen Dredging Equipment has delivered 4 cutter suction dredgers to the Iraqi Ministry of Water Resources. The Ministry, who already had several Damen dredgers in their fleet, will use the dredgers for maintenance dredging on the rivers and throughout the central plains. The 4 cutter suction dredger
Aker Solutions has secured a contract for subsea compression topside modifications of the Åsgard A and B platforms with Statoil. The contract value is approximately NOK 650 million. The purpose of the modification is to supply electricity to the Åsgard subsea compressor units, which will be installe
OSD-IMT, the UK arm of Offshore Ship Designers, has been chosen by Samsung and Boskalis-SMIT Engineering to develop the basic design, detailed design and production drawings for a 99 m cable laying vessel. Neil Patterson, managing director of OSD-IMT, says, “This project illustrates perfectly the st
On 17 June 2011 at the St. Petersburg International Economic Forum, Sovcomflot – the largest operator of ice-class LNG tankers – signed a contract with Gazprom Global LNG Limited (GGLNG), a subsidiary of Gazprom, for the long-term time charter of two ultra-modern ice-class LNG-carriers. The long-ter
SeaBird Exploration PLC informs the new 2D contracts awarded. The Aquila Explorer has been awarded two LOI’s for surveys of combined 4,600 line km in Indonesia for approximately two months work prior to her previously announced contract on 6th May. The vessel will now be working in direct continuati
Havyard Ship Technology Leirvik`s newbuild 101 Havila Subsea, a Havyard 855 IMR design, was named in a ceremony in Stavanger, Norway . After the naming ceremony Havila Subsea will be operating on a long-term contract between Havila Shipping ASA and Subsea 7. The vessel is a subsea vessel performing
Subsea 7 S.A. announced the award of a call-off contract under the offshore engineering and construction Frame Agreement with DONG Energy for the Siri Caisson Permanent Support Project. The value of the call-off contract is approximately $220 million. The scope involves the engineering, procurement,
SENER Ingeniería y Sistemas has signed an LNG contract with Dunkerque LNG, a subsidiary company of EDF, for the development of a regasification plant in the city of Dunkerque, in northern France. SENER has been awarded this EPC contract as part of the TS LNG consortium made up of SENER and Techint.
IBM, NTT Europe and South Hook LNG Terminal Company Ltd., operators of the largest Liquefied Natural Gas (LNG) re-gasification terminal in Europe, announced a 5-year agreement for IBM and NTT to deliver cloud computing services to South Hook’s operations in London and in Milford Haven, Wales. With t
Technip has secured a contract worth around £4.4 million to decommission the Shelley field in the North Sea… (business7) [mappress] Source: business7 , June 13 , 2011;
Saipem has been awarded new E&C Offshore contracts in Egypt, in the North Sea and in Russia, worth in excess of $1 billion. In Egypt, Burullus Gas Company awarded Saipem the EPIC contract for new subsea developments in the area of the West Delta Deep Marine Concession, located about 90 kilometres of
Hyundai Heavy Industries, the world’s biggest shipbuilder, announced the Company clinched a USD 500 million order to build the world’s first two new LNG Floating Storage Regasification Units (FSRU) for Hoegh of Norway on June 12. This contract also includes an option exercisable by Hoegh to order tw