Nexans, a worldwide leading expert in the cable industry, has been awarded a turnkey contract worth in excess of 90 million euros by REE (Red Eléctrica de España), the operator of the Spanish power system and the owner of the power transmission grid, to create a new 115 km high-voltage (HV) submarin
Sinopec announced that on 19 December 2011, the Company’s wholly-owned subsidiary, Kantons Investment, entered into the JV Agreement with CS LNG, a wholly-owned subsidiary of China Shipping Development. The parties have agreed to form the JV in Hong Kong in connection with the expected transportatio
Mitsui O.S.K. Lines, Ltd. today said that the company was selected to transport liquefied natural gas (LNG) to a floating storage and regasification unit (FSRU) operated by PT Nusantara Regas off Jakarta. The project marks Indonesia’s first domestic transport of LNG. It will ship up to 3 million ton
NEC Corporation announced the signing of a multi-million dollar supply contract with the global consortium of communications companies, including NTT Communications, KT, Chunghwa Telecom, and others, to construct the Asia Pacific Gateway (APG) system, a high-bandwidth optical submarine cable system
SC Klaipedos Nafta and SC Lietuvos Energija signed the preliminary contract that turned to be the first step in the negotiations regarding the volumes and terms of gas supply from the projected Liquefied natural gas (LNG) Terminal. During the implementation of the LNG Terminal’s project the Parties
EMGS announces its decision to mobilise the vessel EM Leader in response to increased market demand in Asia. EMGS has received a Letter of Intent from a major international oil company for a six-week 3D EM data acquisition project offshore Brunei. Surveying is expected to start in early February, fo
ASCO, one of the world’s leading oil and gas logistics companies, announces the retention of three significant long-term North Sea contracts – two with Nexen Petroleum UK Limited and one with Centrica Energy Upstream. Together the contracts are valued in excess of £90m. For a number of years, ASCO h
IEV Holdings Limited announced that, on 13 December 2011, its 30% associate, IEV (Malaysia) Sdn. Bhd., has been awarded a major supply and installation contract from an established and major oil and gas operator in South East Asia. The scope of work of this turnkey project includes the engineering,
Technip was awarded a lump sum contract by Anadarko Petroleum Corporation for the engineering, construction and transport of a 23,000 ton truss Spar hull for their Lucius project in approximately 7,100 feet (2,165 meters) of water depth in the US Gulf of Mexico, with first oil being scheduled in 20
Aegion Corporation announced that its subsidiary, The Bayou Companies, LLC, has been awarded a contract to coat approximately 80 miles of 16-inch and 18-inch diameter oil and gas pipelines for the Shell Mars B deep water development. In January 2012, Bayou will begin inner-diameter coating, outer-di
Yokogawa Electric Corporation announced that its subsidiary Yokogawa Engineering Asia Pte. Ltd. has been awarded a contract by CJV, a joint venture comprised of Chiyoda Corporation as JV leader, CB&I, and Saipem S.p.A., to perform the front end engineering design (FEED) for an integrated control and
Saipem has been awarded new E&C Offshore contracts in South America worth approximately $600 million. In Brazil, Saipem has been awarded an EPIC contract by Petrobras for the development of the gas export pipeline Lula NE – Cernambi, in the Santos Basin Pre-Salt Region, approximately 270 kilometres
Fast-evolving oil and gas remote downhole and wellbore camera specialists EV has entered a six-month agreement with BP Norway to deploy its industry-reputed technology on North Sea assets. The company, which has also been named as the oil major’s preferred supplier of camera and video inspection too
Fugro Brasil has signed a contract with Wilson Sons to build a DP-2 ROV Support Vessel in Brazil. The vessel´s total length is 83 meter with a main deck space of 520 square meter, gross tonnage of 4,400 ton, and accommodation for in total 60 persons. The vessel will be built at Wilson Sons´ shipyard
