Project & Tenders
VNG eyes Pil & Bue FID by year end
VNG Norge has moved forward with its Pil & Bue project development, located in license PL586 in the Norwegian Sea, as it started the project’s FEED-studies with plans to pass the FID by the end of the year. The partners in the VNG-operated PL 586 license are Spike Exploration, Faroe Petroleum, and P
Skangas to deliver LNG to Finnish waste management company
Skangas signed a contract with a Finnish waste management company Stormossen for the supply of liquefied natural gas to the company’s first biogas station in Vaasa.
First oil flows from Stella field, Ithaca says
North Sea oil and gas operator Ithaca Energy has started up production from the Stella field located in the UK sector of the North Sea. The Ithaca-operated Greater Stella Area licenses, located in the heart of the Central Graben area, contain the Stella and Harrier fields, approved for development i
Completion of the Port Sabetta Dredging Project Set for 2017
Dredging works at the Port Sabetta are to be completed by the end of this year, according to Vitaly Sknarin, Sabetta Project Coordinator at USK MOST. This was said during the 4th International Forum of Dredging Companies held two days ago in Moscow. The forum – organized by PortNews Media Group in c
VBMS Nets Inter-Array Cable Deal for EnBW Hohe See OWF
VBMS, a subsidiary of Boskalis, has been awarded an inter-array cabling contract by EnBW Hohe See GmbH for the 500 MW EnBW Hohe See offshore wind farm. The contract has a value of approximately EUR 80 million (USD 85 million), and includes the supply, installation and burial as well as termination a
Allseas Hires Solstad’s CSV Normand Poseidon
Solstad Offshore has entered into a contract with Allseas for hire of the subsea construction vessel ‘Normand Poseidon’. The contract will start on March 01, 2017 and has a duration of three years firm plus two yearly options. The company did not disclose the commercial terms of the contract. Norman
Statoil on the hunt for rig to drill Verbier well
Oil giant Statoil is currently looking for a drilling rig as it gears up to drill an exploration well on the Verbier prospect in the UK sector of the North Sea. The Verbier prospect is located in Licence P.2170, Blocks 20/5b & 21/1d in the Central North Sea and is operated by Statoil’s UK subsidiary
Flex LNG looking to buy two Geveran MEGI LNG newbuilds
Flex LNG, the shipping company controlled by billionaire John Fredriksen, plans to purchase two liquefied natural gas (LNG) carriers from its largest shareholder, Geveran Trading. The acquisition of the two shipbuilding contracts would give Flex LNG a uniform fleet of four M-type, Electronically Con
Kraken FPSO reaches offshore location
Delivery of first oil in Q2 2017 is on track, EnQuest said in an operational update on Friday.
Ocean Yield Secures New Charter for Lewek Connector
Ocean Yield has entered into a short-term charter contract with a company related to Ezra for the Lewek Connector vessel. The new charter contract will have a duration of four months at a rate of USD 40,000 per day, Ocean Yield informed. Lewek Connector is capable of operating down to to 3,000 meter
Wood Group Nets BP Contract
Wood Group has secured a global agreement with BP for the provision of conceptual engineering services, pre-front end engineering design (pre-FEED) and FEED engineering services. The agreement has a contractual duration of three years with an option to extend for two additional years. Robin Watson,
Energean finds partner for Karish & Tanin development
Greek oil company Energean Oil & Gas has teamed up with the private equity fund manager Kerogen Capital, which committed to invest in the $1.3 billion development of the Karish and Tanin gas fields, offshore Israel. Energean’s Israel entity is the operator of and holds a 100% interest in the Karish
Kvaerner Nets North Sea Decom Deal
Kvaerner has secured a contract to decommission an unnamed North Sea platform. Italian Saipem awarded the contract, worth approximately NOK 200 million, to an engineering, procurement and construction contractor, Kvaerner, to dismantle and recycle the platform. As Kvaerner informed in its Q4 report,
4th International Forum of Dredging Companies Opens
The 4th International Forum of Dredging Companies was officially opened today at the Radisson Royal Hotel in Moscow. The Forum is organized by the media group PortNews in partnership with FSUE Rosmorport and International Association of Dredging Companies (IADC) with personal participation of IADS S