The Board of Directors of Alam Maritim Resources Berhad (“AMRB” or the “Company”) announced that Alam Maritim (M) Sdn Bhd (“AMSB”), a wholly-owned subsidiary of the Company, had recently received two Letters of Award for the provisions of underwater services for a local oil and gas company (“the Con
Odyssey Marine Exploration, Inc. OMEX, a pioneer in the fields of deep-ocean shipwreck and offshore mineral exploration, through a wholly-owned subsidiary, has sold 15% of Oceanica Resources, S. de. R.L., a newly-organized subsidiary engaged in seafloor mineral exploration, for U.S. $15 million to M
GE Oil & Gas has received a 16-year service contract extension valued at $333 million for Sakhalin-2, one of the world’s largest integrated oil and gas projects that operates in the harsh subarctic environment of Sakhalin Island in the Russian Far East. The agreement underscores GE’s commitment in l
GE and the Sakhalin provincial government signed a memorandum of understanding (MOU) to work together in developing power generation projects to meet the future energy needs of Sakhalin Island, off the east coast of Russia. The MOU covers a wide range of GE technology options, including aeroderivati
Spectrum announced that it’s acquisition of Carmot Seismic AS and Carmot Processing AS has now been closed with no changes to the agreed compensation. The acquisition establishes a significant footprint for Spectrum on the Norwegian Continental Shelf adding 3D seismic data cubes covering approximate
Gulf Island Fabrication, Inc., announced that, through its subsidiary Gulf Marine Fabricators, it has received a Letter of Intent in anticipation of a contract for the fabrication of a 1200’ jacket from Walter Oil & Gas Corporation for its Coelacanth Project located at Ewing Bank 834 in the Gulf of
Subsea 7 S.A. announced the award of a contract valued at approximately US$380 million from Statoil for the Aasta Hansteen gas field, located west of Bodø in the northern part of the Norwegian Sea. The contract comprises the design, coating, fabrication and installation of 19km of rigid flowlines; a
Deep Down, Inc. (“Deep Down”), an oilfield services company specializing in complex deepwater and ultra-deepwater oil production distribution system support services announced it has received orders totaling more than $4 million for equipment and services for deepwater projects offshore Brazil. The
IEV Holdings’ Board announced that its 49% associate, IEV Malaysia, has been awarded a Letter of Award to transport and install an integrated Tension Leg Platform (“TLP”) from Sabah Shell Petroleum Company Limited (“Sabah Shell”) in the Malikai field offshore Sabah, Malaysia (the “Project”). A forma
Contracts for the provision of ship- mounted plants which will supply potable and process water to crews involved in the recovery of liquefied natural gas (LNG) and hydrocarbons from the Ichthys field in the Timor Sea have recently been awarded to leading Australian desalination specialist, Osmoflo.
AMEC, the international engineering and project management company, has been appointed by BP and its co-venturers, Shell, ConocoPhillips and Chevron, to deliver the hook up and commissioning services (HUC) for the two new Clair Ridge platforms. The work, which is scheduled to run through to March 20
WorleyParsons announces the successful completion of the acquisition of 100% of the shares of Bergen Group Rosenberg AS on 28 February 2013. WorleyParsons acquired 100% of the shares of Rosenberg for a cash consideration of NOK 1,088m (including more than NOK 200m of acquired cash). Rosenberg is a w
Technip announces that it has signed two agreements with State Corporation Russian Technologies (Rostec) during the official meeting between François Hollande, President of the French Republic, and Vladimir Putin, President of the Russian Federation, held yesterday in Moscow, Russia. The agreements
Prysmian Group, world leader in the energy and telecom cable systems industry, has been awarded a new contract worth in excess of 50 million euro by TenneT, operator of transmission systems in Germany and the Netherlands, for the connection of the Offshore Wind Park (OWP) Deutsche Bucht, located in
