Navcon Navegacao e Controle Ltda, a Brazilian specialist in monitoring systems for the offshore oil and gas industry, entered into a formal partnership with BMT Scientific Marine Services Ltda. The company has an advanced R&D background and widespread experience of working offshore Brazil. Navcon’s
French supermajor Total revealed that first oil from its Usan field located in OML 138 offshore Nigeria would start flowing in March, according to Reuters. Reuters quoted Total Nigeria Upstream manager as saying: “We are about to start. It will be before the end of the first quarter”. On February 10
Viking Line Abp has signed an agreement with AGA Gas AB on supplying liquefied natural gas (LNG) for Viking Line’s new passenger ferry, whose environmental profile symbolizes a new era in the shipping industry. “Viking Line’s and AGA’s investment in LNG represents major environmental advantages comp
Bank of London and The Middle East plc (BLME), the largest Islamic bank in Europe, has announced that it signed a £14 million leasing deal with Global Marine Systems Ltd., the largest independent provider of submarine cable installation, maintenance and engineering services worldwide. Under the term
SSE and Shell Energy Europe have agreed a 10-year gas supply agreement of 790mcm (292 Mth) per annum, commencing in 2015. This represents approximately 5% of SSE’s forecast typical annual gas requirements. The gas will be supplied as a firm delivery of 800,000 th/day, at a price linked to prevailing
A joint venture between Thiess and EV LNG Australia (EVT) has won an approximately $500 million contract to build LNG storage and condensate tanks for the Chevron-operated Wheatstone Project, a LNG and domestic gas project in Western Australia. The EVT JV is responsible for the engineering, procurem
Alderney Renewable Energy (ARE), the tidal energy developer, has signed agreements for two major projects aimed at creating one of the most significant tidal power sites in Europe. The first agreement is with the French industrial group DCNS for the development of tidal arrays in Alderney’s waters.
Technip was awarded a lump sum contract by Hess Corporation for the development of the Tubular Bells field, located in the Mississippi Canyon area of the Gulf of Mexico at a water depth of approximately 4,500 feet (1,370 meters). The contract covers the design, engineering, fabrication and subsea in
Yemen LNG said in a statement that the company and Total Gas and Power signed a deal to further increase the number of LNG diversions by 20 more cargoes to Korea over the years 2012, 2013 and 2014. Under this agreement, the LNG is sold to Kogas at current market price, Yemen LNG said. “The […
Oceanteam Shipping ASA confirms the extension of a bareboat charter with Fugro TS Marine Australia for the CSV Southern Ocean until end 2015. The original charter expired end 2013. CSV Southern Ocean is a large construction support vessel jointly owned between Bourbon Offshore Norway AS and Oceantea
Wärtsilä, the marine industry’s leading gas solutions provider, said it has been awarded a contract to deliver an integrated propulsion system for two additional LNG offshore support vessels (OSV) to Harvey Gulf International Marine. This order takes Harvey Gulf to a fleet of four LNG OSVs on order,
The multi-component seismic company Reservoir Exploration Technology ASA (RXT) has received a contract award from an international oil company for an Ocean Bottom Cable survey offshore Norway. The total survey duration is expected to be 116 days and the estimated contract value is $24.5m. The survey
Angus Council requires tenders for a bathymetric survey to be undertaken in Montrose Bay, United Kingdom. The survey is part of phase 3 of the Montrose Beach Environmental Development Plan, which has been undertaken to assess the impact of coastal processes and erosion in Montrose Bay. At present, m
Encana Corporation has entered into an agreement with Mitsubishi Corporation that will see the Japanese global integrated business enterprise invest approximately C$2.9 billion for a 40 percent interest in the Cutbank Ridge Partnership. The Partnership holds about 409,000 net acres of Encana’s undev
