Project & Tenders
Baron Oil moves ahead with Peruvian block farm-out
UK’s Baron Oil has nearly completed the transfer of 30 percent interest in Block Z-34 offshore Peru to its Latin American partner Union Oil and Gas Group (UOGG). Baron Oil said on Thursday that the public deed transferring the interest from the company’s subsidiary, Gold Oil Peru, to UOGG was execut
New Tender for 20 Putian Pinghai Bay Phase II Turbines Launched
Fujian Zhongmin Offshore Wind Power Co. has issued a second call for tenders for the delivery of 20 wind turbines with an individual capacity of at least 5MW for the Putian Pinghai Bay Phase II (Fujian Putian City Flat Bay Phase II) offshore wind project.
Sovcomflot Charters Polarcus’ Seismic Vessel
Polarcus’ Norwegian subsidiary has entered into a heads of agreement with SCF Geo (Sovcomflot) to charter a vessel on bareboat terms with delivery scheduled for March, 2017. The fixed period of the charter will be 5 1/2 years with options to extend for up to four additional months, Polarcus informed
BHP Billiton gives nod for $2.2 billion Mad Dog spend
BHP Billiton has approved expenditure of $2.2 billion for its share of the development of the Mad Dog Phase 2 project in the U.S. Gulf of Mexico. BHP Billiton holds a 23.9 percent participating interest in the Mad Dog field. BP, the operator, holds a 60.5 percent participating interest, and Union Oi
Shell to Supply LNG for Van der Kamp’s New Dredger
Shell Western LNG B.V. (Shell) and Van der Kamp have signed an agreement for the supply of liquefied natural gas that will power Van der Kamp’s new dredger. The newbuild, named Ecodelta, is currently being built at the Dutch yard Barkmeijer. This will be one of the first LNG-powered dredgers in oper
Aker Solutions Lands Another BP Deal
Aker Solutions has been awarded two framework agreements to provide concept and front-end engineering and design (FEED) services for BP globally. The first contract is for feasibility and concept engineering and the second is for FEED services covering the full range of upstream developments. Each a
Eni produces first oil from East Hub project off Angola
Italian oil company Eni has started production of the East Hub Development Project, deep offshore Angola, in three years from the development plan and five months ahead of schedule. The East Hub Development Project is located in Eni-operated Block 15/06 where the Italian company has a 36.84% share,
Public Exhibitions for New Coastal Defences at Tipner Lake
New coastal defenses are being built as part of the North Portsea Island Coastal Flood Defense Scheme which has been designed to reduce the risk of coastal flooding and erosion to the area over the next 100 years. This phase of the works will be from the Mountbatten Centre, Twyford Avenue to the Por
Excelerate lines up seven FSRUs at DSME
Excelerate Energy executed a letter of intent with Daewoo Shipbuilding and Marine Engineering (DSME) of South Korea for the delivery of up to seven FSRUs.
Shell hands in decommissioning plan for Brent oil & gas field
Oil major Royal Dutch Shell on Wednesday submitted its decommissioning program for the Brent oil and gas field, in the UK sector of the North Sea, to the Department for Business, Energy and Industrial Strategy (BEIS). Following the submission of the plan, the company said that an extended 60-day pub
Next Phase of Natomas Basin Levee Improvements Underway
Kiewit Infrastructure West Co. has won a $20.46 million contract to construct levee improvements for the Natomas Basin. According to USACE Sacramento District, the project, which is set to begin in May and continue through the end of the year, includes construction of a seepage cutoff wall along an
DOF Boosts Fleet with Two Olympic Vessels
An undisclosed Norwegian limited company has signed an agreement with Olympic Shipping for the purchase of two vessels, Olympic Commander and Olympic Hera. Further to the purchase, the new owner company has entered into an agreement with DOF for management and operation of the two vessels, whereby D
Polarcus Gets South American Campaign Extension
Polarcus, Oslo-listed seismic contractor, has secured an extension of a 3D marine seismic project in South America. The company received the project award in December 2015, and completed the first phase in August 2016. The second phase is scheduled to start in March 2017 and will be acquired over th
Crosby Bags Texas Dredging Deal
The U.S. Army Corps of Engineers, Galveston District, awarded recently a $5.34 million contract to Crosby Dredging LLC for the maintenance dredging of the Houston Ship Channel. Under the deal, the contractor will be required to remove approximately 500,000 cubic yards of material between Sims Bayou