Technip was awarded the last option for the Statoil frame contract for diving, pipeline repair, contingency and modification services. The frame contract has been held by Technip since January 2007 and is now extended to the latest possible completion date of December 2014. The yearly revenue under
FUGRO-TSM Pty Ltd, has been awarded the Greater Western Flank (GWF) Phase 1 Project Subsea Installation Contract from Woodside Energy Limited. The contract value is in excess of AUD 100 million, with engineering and design work for the project beginning immediately, leading to a peak in offshore ins
Tri-Tech Holding Inc. announced today that it secured a $1.5 million strategic collaboration agreement with Wuhan Natural Gas High-Pressure Pipeline Co. (NGHP). The agreement between NGHP and Tri-Tech Holding’s affiliate, Beijing Satellite Science & Technology Co., Ltd. (BSST), outlines a framework
Aker Solutions has signed a contract with Marathon Oil Norge AS to supply a subsea production system for the operator’s Bøyla project on the Norwegian continental shelf. Contract value is approximately NOK 210 million. Scope of work includes engineering, procurement, construction and delivery of fou
Offshore handling systems specialist, Caley Ocean Systems has begun assembly and construction of the world’s largest, turntable cable installation system for subsea construction contractor, Blue Offshore NV, at the former Swan Hunter shipyard facilities at Wallsend, Newcastle-upon-Tyne (UK). Designe
The Board of Directors of COSCO Corporation (Singapore) Limited announces that COSCO (Nantong) Shipyard Co. Ltd., a subsidiary of the Company’s 51% owned subsidiary, COSCO Shipyard Group Co. Ltd., has secured a contract valued over USD 220 million from an Asian company to build two Self Propelled Pi
Petrofac and Schlumberger announced that their Integrated Energy Services (IES) and Schlumberger Production Management (SPM) divisions respectively have signed a Co-operation Agreement under which these divisions will establish a working relationship to deliver integrated and high-value production p
BW Gas and InterEnergy Holdings have agreed to form a joint venture to build a Liquefied Natural Gas (LNG) terminal in San Pedro de Macoris, in the Southeastern coast of the Dominican Republic. The terminal will be part of an all-encompassing logistics solution to bring natural gas to the country. T
From 3-6 October 2011, the Petroleum Safety Authority Norway (PSA) carried out an audit of management of operation and maintenance on Heimdal and the Heimdal riser platform (HRP). Objective The objective of the activity was to assess aspects of the management of preventive and corrective maintenance
Repsol has signed the deal on the acquisition of 100% of the Russian company Open Joint Stock Company Eurotek, which holds exploration and production licences in West Siberia. The transaction has been preapproved by the Federal Antimonopoly Service of the Russian Federation. Repsol will pay a total
Aker Solutions has been awarded a job by Statoil for the engineering, procurement and construction of a subsea production system for the Svalin project on the Norwegian continental shelf. The contract value is approximately NOK 400 million. Scope of work includes two subsea trees, one four-slot inte
WestSide Corporation Limited and Meridian SeamGas joint venture partner Mitsui E&P Australia Pty Ltd have executed an agreement to fast-track access to gas to aid fulfilment of existing contracts and reduce payments to remedy shortfalls. The agreement with a leading market participant provides the M
Polarcus Limited announces that the Company has received a Letter of Award from an undisclosed client for a 3D seismic acquisition project offshore Greenland. The project will commence in July 2012 and is expected to run for approximately 70 days. About Polarcus Polarcus is a pure play marine geophy
Thiess has won a $60 million contract to deliver infrastructure for the Chevron-operated Wheatstone Project in Western Australia. Thiess will construct a 1.2 kilometre long tunnelled shore crossing under the ocean which will connect two offshore gas reserves with Chevron’s greenfield LNG plant at As
