Electromagnetic Geoservices ASA (EMGS) announces that a major international oil company has joined EMGS and Shell in a joint industry project (JIP) to plan and design the next-generation 3D EM system. “We are delighted that yet another customer with extensive EM experience has joined the JIP,” says
Apply Sørco announced it has entered into an agreement with Subsea Technology Group (STG) to acquire Altra Energy Ltd. (Altra). Altra has its main competence within FEED (Front End Engineering & Design), process engineering and operations support. The company currently engages over 60 people and is
SeaBird Exploration PLC informs the following new contracts awarded in the 2D and 3D shallow water as set out below; Hawk Explorer has been awarded a short survey in direct continuation from the current employment in West Africa where the vessel will be employed until end May / early June 2011. Nort
Höegh LNG has today entered into a firm Letter of Intent with Hyundai Heavy Industries (HHI) for the delivery of two 170,000 cbm Floating Storage and Regasification Units (FSRUs). In addition to the delivery of two firm vessels, the LOI with HHI includes 2 + 2 optional vessels. The new built FSRU’s
ConocoPhillips recently awarded Vector International a contract for the Jasmine Development Project. The awarded package includes over 2,500 Techlok clamp connectors of all different sizes. The Jasmine field is located in the UK central North Sea and is one of the UK’s largest discoveries since the
MMT and NetSurvey have recently merged after 6 years cooperation on various hydrographic survey assignments. The goal is to benefit from synergy effects and to jointly provide high-resolution surveys. NetSurvey will bring strong technical capabilities in the field of multibeam expertise to the MMT G
Nordic LNG has signed a long term supply agreement with Dynea AS. Dynea is a global leader in providing high performance adhesion and surfacing solutions for panel boards, engineered and interior wood products, paper impregnation and much more. Dynea is currently rebuilding two large steam boilers t
Reference is made to the reorganisation of Seadrill’s harsh environment drilling services and the establishment of North Atlantic Drilling Ltd announced on February 15, 2011. Seadrill announces that North Atlantic Drilling’s acquisition of our harsh-environment drilling activities was successfully c
With effect from 30th of June 2011, the Japanese shipping company Kawasaki Kisen Kaisha, Ltd. (“K” Line Group) will acquire another 50 per cent of the SAL Group and with that will become the sole shareholder of the company. Over the past five years, the two companies have developed a successful part
Leading French ferry operator, Brittany Ferries, and shipbuilder, STX France, are embarking on a joint project to develop a new generation of environmentally-friendly passenger ferries. Powered by dual fuel engines, which will burn liquefied natural gas (LNG) combined with a high efficiency electric
GDF SUEZ and ACEA have closed their agreement signed on September, 16 2010. Following this agreement, GDF SUEZ activities in Italy will be managed through GDF SUEZ Energia Italia as follows: * GDF SUEZ Produzione will be in charge of power production with thermoelectric, wind, hydroelectric and phot
Statoil and KazMunayGas have signed the Heads of Agreement (HoA) on the Abay block in the Kazakhstani sector of the Caspian Sea. Under the HoA, the parties plan to conduct evaluation of the hydrocarbon potential of the “Abay” block in the Northern Caspian Sea. Statoil and KazMunayGas will jointly es
Farstad Shipping has been awarded the following charter contracts: *Subsea vessel Far Saga (2001, UT 745L, 3.475 DWT) has been awarded a 6 month firm contract by Subsea 7 in Norway. The charter will commence immediately and include an option for further 15 months. *AHTS Far Sabre (2008, UT 712L, 15.
Aker Solutions has been awarded a letter of intent (LOI) by Statoil for the engineering, procurement and construction of a subsea production system for the Fossekall-Dompap project on the Norwegian continental shelf. Aker Solutions estimates the contract value to be approximately NOK 1 billion. Scop
