Project & Tenders
GAIL loads first Sabine Pass LNG cargo under 20-year SPA
Houston-based LNG exporter Cheniere Energy and India’s GAIL marked the commencement of their 20-year sale and purchase agreement (SPA), with one of GAIL’s first shipments departing from the facility.
Badsey Brook Project on Track for Completion in 2018
The construction work continues to progress well on the Badsey Brook flood risk management scheme, reports the Environment Agency. The Badsey Brook scheme is aimed to reduce flood risk for approximately 290 properties along the Broadway, Childswickham and Murcot. The project includes construction of
Statoil Makes Offshore Wind Power Play in Poland
Statoil has signed an agreement with Polenergia to acquire a 50 % interest in the two early phase offshore wind development projects in Poland, Bałtyk Środkowy III (BSIII) and Bałtyk Środkowy II (BSII).
Energean Gets Funding for Karish and Tanin; Inks FPSO Deal with TechnipFMC
Energean Oil & Gas in Israel has signed a secured Senior Credit Facility that will provide funding for Karish and Tanin fields development. In addition, the company also signed a contract with TechnipFMC for the construction of an FPSO for the project. The company signed the Senior Credit Facility o
Oceaneering Buys Ecosse Subsea
Oceaneering International has acquired Ecosse Subsea, a provider of offshore engineering, seabed preparation, route clearance and trenching services, for approximately GBP 50 million. Enabling technologies acquired in the transaction include Ecosse’s modular SCAR seabed system and its newly develope
Energean secures funds for Karish development, awards FPSO deal to TechnipFMC
Greek oil company Energean Oil & Gas has signed an agreement with four international banks for financing the development of Karish, part of the company’s flagship Karish and Tanin project offshore Israel.
Reach Subsea Charters Olympic Challenger
Reach Subsea has entered into an agreement with Olympic Subsea for use of the subsea vessel Olympic Challenger for 2 years, with an option to extend for 1 year. The commercial terms of the charter agreement are confidential between the parties. The vessel already has two ROVs mobilised onboard, whic
South Korea’s Samsung Heavy to build one LNG carrier
South Korean shipbuilder Samsung Heavy Industries said on Monday it has won a deal for the construction of a 180,000-cbm liquefied natural gas (LNG) carrier. According to a statement by the Korean shipbuilder, the LNG carrier newbuilding has been approved by the board of an unidentified overseas own
KW Designed Wins Siemens Subsea Contract
KW Designed Solutions have been awarded a contract by Siemens Subsea for the supply of a second pressure vessel. This new pressure vessel will accompany the existing range of subsea electrical testing pressure vessels, previously supplied by KW Designed Solutions and will be used for the production
Gov’t approves Anadarko’s Mozambique LNG development plan
Anadarko Petroleum has received official approval from the Government of Mozambique for the Golfinho/Atum Field Development Plan.
PHOTO: Aker Solutions gears up for Johan Castberg work
Norwegian oil services company Aker Solutions is preparing to start building components for the Statoil-operated Johan Castberg development located in the Barents Sea offshore Norway.
Maran Nakilat JV adds two LNG carriers
Qatari LNG shipping giant Nakilat has expanded its joint venture partnership with Greek shipping company Maran Ventures to include two additional liquefied natural gas vessels. Maran Nakilat was first established in 2005 with four jointly-owned LNG vessels, and was further expanded on several occasi
Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (February 26 – March 04). https://subseaworldnews.com/2018/03/01/subsea-7-buys-siem-offshore-contractors-and-two-vessels/ https://subseaworldnews.com/2018/02/27/aker-solutions-subsea-equipment-for-wint
PHOTO: Second Johan Sverdrup jacket named at Kvaerner’s yard
Norwegian offshore structures builder Kvaerner has named the second jacket meant for Statoil’s Johan Sverdrup development located in the North Sea, 160 kilometers west of Stavanger. In a social media update on Thursday Kvaerner shared images from the christening ceremony held at its Verdal shpyard i