Bowleven has announced that the Presidential decree regarding the Etinde transaction has now been gazetted. This has satisfied the final outstanding condition of the farm-out process with LUKOIL and NewAge. The transaction is now scheduled to complete within 15 business days, at which point the comp
Wood Group Mustang Norway (WGMN), together with Statoil, has completed hook-up of the Valemon platform in the North Sea on schedule. Valemon, located on the Norwegian continental shelf (NCS), is the second Statoil-operated platform to be put into production in the last nine months. WGMN teamed with
MISC said that Petronas and Hyundai Heavy Industries have agreed to enter into a novation agreement with the company for the novation of shipbuilding contracts between Petronas and HHI to the company, for the construction and delivery of the newbuild LNGCs.
MISC said that Petronas and Hyundai Heavy Industries have agreed to enter into a novation agreement with the company for the novation of shipbuilding contracts between Petronas and HHI to the company, for the construction and delivery of the newbuild LNGCs.
The U.S. Army Corps of Engineers, Buffalo District, hosted on Tuesday, February 17th 2015, a public hearing regarding the dredging of Cleveland Harbor at the request of the Ohio Attorney General. USACE also conducted a media roundtable on Wednesday, February 18, 2015, to address follow-up questions.
ECO Technologies, an Eastern Canada based environmental services provider, specializing in low impact interventions in sensitive aquatic ecosystems, as well as highly efficient dredging operations in harsh industrial and coastal environments, is continuing with the fundamentals – expertise, experien
Last Thursday, after a year and half of construction, Dutch – Danish consortium Ballast Nedam – Rohde Nielsen completed reinforcement project along the Dutch coast in Katwijk. The Netherlands is situated largely below sea level. Protection against water is therefore important. Part of Katwijk’s coas
On February 21, Statoil and its partners started up production from Oseberg Delta 2 in the North Sea. According to Statoil, the field’s recoverable reserves are estimated at 77 million barrels oil equivalent. The field, which is tied back to the Oseberg Field Centre, has been developed using two sub
Farstad Shipping ASA has signed a Letter of Intent with Technip regarding utilization of the subsea vessel Far tbn Sleipner (2015, Vard 3 07) which is under construction at Vard Langsten. The Agreement secures the subsea vessel a utilization of 11 months, divided into two fixed periods. Including mo
AGR has secured a further contract award for its well intelligence software solution, iQx, with LUKOIL Overseas North Shelf AS. The latest deal follows previous contract awards in 2014 with Det Norske Oljeselskap, VNG (Norge), OMV (Norge) and Lundin Norway. According to AGR, iQx software was designe
Statoil has decided to drill a well to test the Roald Rygg Prospect in PL602, on the Norwegian Continental Shelf (NCS). The well is planned to be drilled in 2015. In addition to drilling decision, Statoil also decided to acquire Rocksource’s 10 per cent participating interest in the licence. The tra
The U.S. Army Corps of Engineers Jacksonville District will host a virtual information session for people interested in rehabilitation efforts at the Herbert Hoover Dike surrounding Lake Okeechobee in south Florida. The information session will be conducted at 3 p.m. on Thursday, February 26. Intere
DEME: New Contracts Worth €1.6 Billion DEME, the Belgian dredging, hydraulic engineering and environmental solutions group, has secured a number of new contracts worldwide. The total value of these orders is approximately 1.6 billion EUR. Van Oord’s Dredger on Its Way to Kazakhstan Wagenborg Nedlift
Danish Energy Agency (DEA) has issued a call for pre-qualification to bid for the construction of wind farms in six areas off the Danish coast. A maximum of 200 MW could be proposed for each area, except the one off the island of Bornholm, where a project of up to 50 MW is planned. The country aims
