Ensco plc and Pride International, Inc. jointly announced today that they have entered into a definitive merger agreement under which Ensco will combine with Pride in a cash and stock transaction valued at $41.60 per share based on Ensco’s closing share price on 4 February 2011. The implied offer pr
PII Pipeline Solutions, a GE Oil & Gas and Al Shaheen joint venture, has again been selected to provide advanced inspection technology and engineering services to monitor the integrity of two of Australia’s major natural gas pipeline infrastructure networks. The newly awarded pipeline inspection pro
Over the last couple of months, a total of more than 1 billion euros projects have been added to the order book. These awards bring the total value of current commitments for Jan De Nul Group to 3.1 billion euros. New work was secured in all corners of the world, from South America and the […
In February 2010 Seajacks entered into a contract with GustoMSC to provide the Basic Design Package for two purpose built wind farm installation vessels. In June 2010 Seajacks entered into a contract with Lamprell shipyard to build these new vessels and Seajacks will take delivery of the first new-b
Rolls-Royce, the global power systems company, has signed a £20 million contract to supply engines and propulsion equipment for four gas-fuelled ferries to be built for the Norwegian operator Torghatten Nord AS. The vessels will be the first in the world to feature the Rolls-Royce Hybrid Shaft Gener
Leading Australasian engineering consultancy, Synertec, is proud to announce its landmark proposal success on the Queensland Curtis LNG (QCLNG) Project for Bechtel Oil, Gas & Chemical, Inc. One of the largest orders to an entirely Australian systems integrator, QCLNG will see Synertec engineer a tot
As part of its program to meet growing European natural gas demand, Storengy, the GDF SUEZ Group company dedicated to the underground storage of natural gas, has again selected GE Oil & Gas’ advanced Integrated Compressor Line (ICL) technology to underpin the efficient expansion of key projects in F
Strategic Marine continues to enhance its profile within the offshore support services industry, winning the contract to build four new workboats for Leighton-Saipem Consortium for use by the Chevron operated Gorgon Project. The vessels will be built at the company’s Henderson Shipyards and used to
Chevron Australia has awarded Western Australian company ICON Engineering a $5.5 million contract to build a Compensated Tension Lift Frame (CTLF) for use during the upcoming drilling and completion programme for the Gorgon Project. The CTLF is designed to provide heave compensation during completio
OAO NOVATEK First Deputy Chairman of the Management Board, Mikhail Popov, and the General Director of the Russian Federation’s Atomflot, Vladimir Ruksha, signed a Сooperation Agreement establishing the framework for the development of reliable and safe transportation solutions for the Yamal peninusl
GE announced the successful closing of its $3 billion acquisition of Dresser, Inc., a global energy infrastructure technology and service provider, from funds managed by Riverstone Holdings LLC and First Reserve Corporation, Dresser management and its other stockholders. The move significantly expan
AVEVA one of the world’s leading providers of engineering design and information management solutions to the plant, power and marine industries, today announced that STX OSV AS has signed an agreement to purchase the full AVEVA Marine solution suite. This deployment will provide STX OSV AS with a po
Fugro GEOS has secured two large metocean (meteorological and oceanographic) measurement studies for Statoil in the Norwegian and North Seas. These highlight the importance of accurate metocean data at the design stage of development of offshore fields, and for life extension of existing fields. The
Technip, in a consortium with Daewoo Shipbuilding & Marine Engineering Co. Ltd., has been awarded by Petroliam Nasional Berhad (PETRONAS) and MISC Berhad a front-end engineering and design contract for a floating liquefied natural gas (FLNG) unit. The FLNG, which will have a capacity of one million-
