Wärtsilä of Finland, the marine industry’s leading solutions and services provider, has been contracted to supply an integrated solution comprising ship design services and the power and propulsion system for a newbuild LNG powered Platform Supply Vessel (PSV). The contract has been signed with the
Ciena® Corporation, the network specialist, announced that Reliance Globalcom, the leading global provider of managed network and communication services for multinational enterprises and carriers, has selected Ciena’s market-leading WaveLogic™ coherent optical 100G networking solutions to upgrade it
KD Marine has completed the removal and recovery of a damaged 114mm wire on the APL buoy designed mooring system and replaced with a new 144mm mooring wire. It was the first time this type of work has been completed beneath an FPSO, in addition to this the project was completed without shutting down
Leading independent offshore survey company UTEC has announced the award of a significant multi-year framework agreement. The agreement is with SBM Offshore (Monaco) to provide offshore survey and positioning services carrying its construction vessel fleet, initially covering operations on-board the
Roc Oil (Bohai) Company, a wholly owned subsidiary of ROC, advises that drilling has started on the second exploration/appraisal well ZD CP2N-H-2 in the Zhanghai Block, Bohai Bay (offshore China). The well is located in one of two adjoining blocks added to ROC’s existing Zhao Dong Block Contract (an
ROC advises that BC Petroleum Sdn Bhd (“BCP”), the company incorporated to operate and manage the Balai Cluster Risk Service Contract (“RSC”) in Malaysia, started drilling the Balai 2 well at 1800 hours (Malaysian time) on 26 November 2012. The Balai 2 well is the second well in the pre-development
OGX has entered into an agreement with Petrobras to acquire a 40% participating interest in Block BS-4, located in the Santos Basin. The purchase and sale is subject to National Petroleum, Natural Gas and Biofuels Agency (ANP) approval. “We are very pleased with this acquisition, which demonstrates
Navantia, Reganosa and Gas Natural Comercializadora have signed a framework agreement to offer a comprehensive service that completes the repair cycle of gas carrier ships to bring them into operation, guaranteeing an even more attractive and competitive product for the operators of the ships, as we
Engineering and project services company Clough Limited announced that the Clough Curtain Joint Venture (CCJV) has received work orders worth approximately A$75 million associated with the PNG LNG Upstream Infrastructure contract. The PNG LNG Project is an integrated development that includes gas pr
Subsea 7 S.A. announced the extension of both of its Underwater Services Contracts (USC) by Shell Upstream International Europe. The extension of both contracts will commence in 2014 and continue until at least 2016. The extension in aggregate is worth approximately $360 million. Under these contrac
As part of their strategic partnership, Daimler’s commercial vehicle division and Russian truck manufacturer Kamaz have signed a contract covering the supply of engines and axles for the Russian company’s trucks and buses. As a result, Kamaz will now receive OM 457 truck diesel engines and M 906 bus
Leading international oilfield services company, Expro, announced the award of its first major subsea completion landing string contract in India. Expro has secured the multi-million dollar deepwater completion landing string contract in India for a three year term, with options to extend for anothe
MetroCoal Limited said that it has entered into a binding agreement with Australia Pacific LNG (APLNG) which provides MTE with a clear path to a future Mining Lease in its Norwood Project area. In consideration for MTE supporting the grant of petroleum licences within the overlapping area, APLNG and
STX Offshore & Shipbuilding confirmed that it has made effective a turn-key construction contract of one BT-UDS dynamic-positioned Ultra Deep Water(UDW) drillship plus options for four additional units from Sigma Drilling Ltd. a company established by Skeie Technology AS in Norway. The approximate v
