Project & Tenders
Lukoil: Banks approve $1B loan for stage two of Shah Deniz project
Under the second stage of the Production Sharing Agreement of the BP-operated Shah Deniz Project in the Caspian Sea offshore Azerbaijan, Lukoil has signed in Baku a 12-year credit-facility agreement with a consortium of banks to borrow $1 billion. According to Lukoil, $560 million will be provided f
King & Spalding advises BW Gas on Egypt FSRU deal
King & Spalding said it has advised BW Gas in connection with its tender to provide Egyptian Natural Gas Holding Company (EGAS) with LNG regasification services utilizing an FSRU in Ain Sokhna, Egypt. BW’s FSRU, named “BW Singapore,” built at Samsung Heavy Industries (SHI) in Korea, will be utilised
King & Spalding advises BW Gas on Egypt FSRU deal
King & Spalding said it has advised BW Gas in connection with its tender to provide Egyptian Natural Gas Holding Company (EGAS) with LNG regasification services utilizing an FSRU in Ain Sokhna, Egypt. BW’s FSRU, named “BW Singapore,” built at Samsung Heavy Industries (SHI) in Korea, will be utilised
ExxonMobil completes Turrum drilling (Australia)
Esso Australia, a subsidiary of ExxonMobil, has wrapped up its Turrum field drilling program, offshore Victorian coast, Australia. The company drilled five new wells as part of its ongoing investment in Bass Strait to develop new gas supplies. According to Exxon, the investment valued at 335 million
EMGS Gets LoA for Survey Off Malaysia
Electromagnetic Geoservices ASA (EMGS) has received a letter of award (LOA) for a contract worth approximately USD 4.2 million from an oil company for 3D EM data acquisition over their operated area in Malaysia. The two parties have entered into a two-year contract, of which this LOA constitutes the
FMC Delivers Made-in-Nigeria Subsea Wellheads for Egina
FMC Technologies recently delivered four subsea wellheads in Nigeria for Total’s Egina project, the first to be entirely fabricated in country. The wellheads were fabricated for FMC Technologies by Oiltools Africa Limited (OAL), a Nigerian company, and feature a 36-inch-diameter conductor housing an
GAS Wins Shah Deniz 2 DSV Gig
GAS, member of Lighthouse Group, has been awarded a long-term contract from Saipem to provide offshore survey services on board the dive support vessel (DSV) Akademik Tofiq Ismayilov. The vessel will be used during the installation of the export and infield pipelines for the Stage II development of
Jumbo Gets Underwater Restaurant Project in The Maldives
GAC Sweden AB awarded Jumbo a contract for the transportation and installation of an underwater restaurant. The restaurant consists of an acrylic dome on a steel structure, has a weight of 410 metric tons and is the second one of its kind, the company wrote. The assembly yard of this sensitive cargo
SeaBird to Stack Vessel
Oslo-listed seismic contractor, SeaBird Exploration, has decided to stack Munin Explorer following its completion of the long-term time charter contract with SeaBed Geosolutions in August 2015. M/V Munin Explorer, currently sailing under Cyprus flag, joined SeaBird in 2007. The vessel, currently rig
Wartsila powers first LNG-fuelled dredger
A new generation “Antigoon” class dredger, called “Scheldt River”, being built by Royal IHC in the Netherlands on behalf of the Belgium’s DEME Group, is to be powered by Wärtsilä dual-fuel engines. This will be the first ever dredger to operate on engines capable of utilising either liquefied natura
Wartsila powers first LNG-fuelled dredger
A new generation “Antigoon” class dredger, called “Scheldt River”, being built by Royal IHC in the Netherlands on behalf of the Belgium’s DEME Group, is to be powered by Wärtsilä dual-fuel engines. This will be the first ever dredger to operate on engines capable of utilising either liquefied natura
DOF Subsea Grabs IMR Contract from Freeport McMoran
DOF Subsea North America has been awarded an IMR contract by Freeport McMoran. The contract is for a period of 6 months firm and 2 x 6 months options. Under the contract, the company will utilize DPII Multipurpose Construction Vessel ‘Harvey Deep Sea’. The vessel, with a length of 92 meters and a be
Cygnus PU Platform in place. Record lift for ‘Oleg Strashnov’
Seaway Heavy Lifting, using its vessel Oleg Strashnov, on Sunday, August 2, installed the Process Unit (PU) topside for operator GDF SUEZ E&P UK Ltd in the UK section of the North Sea. According to the company, the Oleg Strashnov set a new lift record for Seaway Heavy Lifting with the safe installat
Totem Ocean, Keppel sign LNG conversion deal
Totem Ocean Trailer Express has signed a contract with Keppel Offshore & Marine’s unit Keppel Shipyard for the conversion of the Midnight Sun to dual fuel LNG propulsion. This is the world’s first major conversion of a large RO/RO vessel to LNG, Totem Ocean said in a statement. The work will begin i