Russian Maritime Register of Shipping (RS) is to undertake ship construction survey for the Lukoil Group. This project follows the RS effective cooperation with one of the major RF oil companies in developing offshore hydrocarbon resources. RS has signed contracts for the whole range of classificati
FMC Technologies, Inc. has received an order from BP to supply subsea systems for its Shah Deniz Stage 2 project in the Caspian Sea. The order has an estimated value of $322 million in revenue. FMC Technologies’ scope of supply includes subsea manifolds, associated controls and connection equipment
Stabilis Energy signed a definitive agreement to purchase substantially all of the U.S. based assets of Encana Natural Gas (ENGI). Denver-based ENGI is a leading distributor of LNG fuel to domestic high horsepower engine operators in the oilfield, mining, rail, marine, over the road transportation,
FoundOcean, the world’s largest offshore grouting contractor, has secured two contract awards, on the Solan oil field development to the west of the Shetlands in the North Sea, with Heerema Marine Contractors and Bibby Offshore. The contracts cover the structural grouting for the 8,000-tonne Solan p
Toyo Engineering has been awarded a project for a new regasification plant with a send out capacity of 5 million tons to be constructed by GSPC LNG at Mundra in Gujarat State on the west coast of India. Toyo-India will lead EPC work on a turnkey basis, from engineering to construction and commission
MMT has been awarded the contract for the Själland cable survey between Denmark and Sweden by Svenska kraftnät. Svenska kraftnät and their Danish counterpart Energinet.dk are the transmission system owners and operators of a 400 kV High Voltage AC cable system across the Öresund, between Sweden and
Shell and BP have reportedly signed deals to supply Kuwait with LNG over the next 5-6 summers. The total volume of LNG to be delivered between the two companies would be around 2.5 mtpa, Jamal Al-Loughani, deputy director of marketing at Kuwait Petroleum Corp. (KPC), told the Kuwaiti Al-Seyassah new
BW Offshore has elected to terminate the Letter of Intent (LOI) to acquire 30% of the participating interests in the Polvo oil field in Brazil from HRT O&G Exploração e Produção de Petróleo Ltda. (HRT). Such transaction was subject to due diligence, and regulatory, governmental and board approvals.
Cap Energy PLC, is about to start seismic operations on the Block Djiffere Offshore, offshore Senegal. The Djiffere Offshore Licence was awarded in July 2013 to Rex Atlantic Limited (now TAOL Senegal (Djiffere) Limited). Cap, through its wholly owned subsidiary, Sencap Limited, recently acquired a 4
Magnolia LNG has executed a technical services agreement with SK E&C USA, a wholly owned subsidiary of SK Engineering and Construction, of Korea (SKEC Group). The TS Agreement relates to the ongoing engineering, procurement and construction activities for MLNG’s planned 8 million tonne per annum Mag
Total and its joint venture partners have made the final investment decision to develop the ultra-deep offshore Kaombo project in Angola. With a production capacity of 230,000 barrels per day, Kaombo will develop estimated reserves of 650 million barrels. Following an intensive optimization exercise
French oil giant Total will proceed with the development of the deepwater Kaombo block, offshore Angola. According to Reuters, the company’s CEO Christophe de Margerie said that the company has managed to cut the project investment cost from $20 billion to $16 billion, and was near the final investm
Ice in the northern section of the Caspian sea, offshore Kazakhstan, is preventing inspection of offshore pipelines at the giant Kashagan oil field. Total’s head of exploration and production, Arnaud Breuillac said that the ice is melting, and after it melts, the consortium will hopefully be able to
The Norwegian Petroleum Directorate has granted Statoil Petroleum AS a drilling permit for well 25/8-18 S, cf. Section 8 of the Resource Management Regulations. Well 25/8-18 S will be drilled from the Ocean Vanguard drilling facility at position 59°15’1.12” north and 2°37’0.59” east of the Grane fie
