LNG player Gas Natural Fenosa of Spain said it has signed a deal to acquire Chile’s Compañia General de Electricidad (CGE) for EUR 2.6 billion. Gas Natural Fenosa plans to buy 100 percent of CGE’s stock, taking a minimum initial stake of 54,19 percent, according to a statement by GNF. CGE, an electr
OneSubsea, a Cameron and Schlumberger company, has been awarded a subsea production systems contract totaling more than $270 million for the Lakach deepwater project offshore Mexico. This is the first deepwater subsea field to be developed by Pemex. The scope of supply for the seven well system incl
OneSubsea™, a Cameron and Schlumberger company, has been awarded a subsea production systems contract totaling more than $270 million for Pemex’s Lakach deepwater project offshore Mexico. This is the first deepwater subsea field to be developed by Pemex. The scope of supply for the seven well system
Cowes Harbour Commission has received an application for a maintenance dredge licence at East Cowes Marina. The area to be dredged includes the Cowes P and Q basins and extends south to the R and S basins and the T basin. The final dredge level will be to approximately 2.5m below chart datum (CD). T
The dredging scheme of an 8km section of the rivers Parrett and Tone, part of the agency’s 20 Year Flood Action Plan for the Somerset Levels and Moors, began back in late March and is scheduled for completion by the end of October. The above picture shows floating plant working on the River Tone jus
Royal Boskalis Westminster N.V. (Boskalis), a leading global services provider operating in the dredging, maritime infrastructure and maritime services sectors, has provided another update on the company’s share buyback program. In the period from 6 October up to and including 10 October, Boskalis r
Lake Neatahwanta dredging project could come to a complete hold as the lack of state promised funds is threatening to shut down the project. Earlier in August, State Senator Patty Ritchie has announced she has secured $200,000 in special funding to help the City of Fulton and the Town of Granby in t
MAN Diesel & Turbo has received an order for four MAN B&W 5G70ME-GI engines in connection with Daewoo Shipbuilding & Marine Engineering agreeing a deal with the BW Group to build two LNG carriers. The technical engine specification complies with IMO Tier II, with options to include remedies for Tier
CNOOC Limited has announced that its Enping 24-2 oilfield, in the South China Sea, has started production. Enping 24-2 oilfield is located in the Pearl River Mouth Basin of the South China Sea with an average water depth of approximately 86~96 meters. The main production facilities include one drill
EGS International (EGSi) has been awarded a 3 to 5 year contract by the UK Maritime Coastguard Agency (MCA), as part of the UK Civil Hydrography Program (CHP). The CHP is a multi-million pound Government initiative to prioritise and survey the waters surrounding the British Isles. Under the CHP, EGS
The Petroleum Safety Authority (PSA) Norway has given Det norske oljeselskap ASA consent to use the existing facilities on the Alvheim, Vilje and Volund fields, and the new Bøyla field, in the North Sea. The background to this consent is Det norske‘s acquisition of Marathon Oil Norge AS and the comp
As a partner in the WA-424-P Joint Venture, IPB Petroleum has received updated advice from its drilling contractor that the estimated start date for the Pryderi-1 rig contract, offshore W. Australia, is around 24 October, 2014. Pryderi-1 well is located in the Browse Basin, north of Broome, offshore
A series of marine studies are being rolled out this month to support the planning of the Port of Hastings Development Project. Minister for Ports David Hodgett announced this today and said that the studies demonstrated the thorough process the Port of Hastings Development Authority is taking to pr
The Washington State Department of Ecology is seeking comments on proposed plans for digging up and taking away contaminated soil at the North Marina Ameron/Hulbert site near Port Gardner Bay. The public is encouraged to review and comment the plans from October 10 to November 8, 2014, on a draft co
