Project & Tenders
Commissioning of Krievu Island
The Freeport of Riga ambitious Krievu Island project will be officially commissioned today, November 16 at 14:00 EET, in Latvia. Built under the framework of “Development of Infrastructure on Krievu Island for the Transfer of Port Activities from the City Centre” – the €133.65 million project repres
Flood Project Underway in Exeter
The Environment Agency, Exeter City Council and Devon County Council are working together to design and build a scheme which will reduce flood risk for the city of Exeter. The £30 million worth flood defense project has been split in two phases with the phase 1 now substantially complete. Phase 2 of
Lundin gains nod for Edvard Grieg start-up
The Norwegian Petroleum Directorate (NPD) has granted consent to start production on the Lundin Norway-operated Edvard Grieg field in production licence 338 in the North Sea. Lundin, the operator of the licence, was also recently given consent by the Petroleum Safety Authority (PSA) Norway for the s
IMES Nets Contracts from Fugro and Harkand
Aberdeen-based IMES secured new contracts with Fugro and Harkand worth £750,000. IMES has been awarded a three-year contract for the provision of lifting inspection services on behalf of Fugro, covering four vessels. Second contract, secured from Harkand, is for the provision of lifting inspection,
VBA Wins Ipswich Tidal Barrier
As part of the Water and Environment Management (WEM) Framework, the Environment Agency has appointed VBA, the joint venture between VolkerStevin, Boskalis Westminster and Atkins, to work on a £21 m flood defense scheme. Work to the tidal barrier scheme, which runs along the River Orwell in Ipswich,
Premier trims capex. Cost reductions ahead
Premier Oil, an independent exploration and production company, has curtailed its capital expenditure program in order to soften the blow of the low oil price environment. Development capital expenditure for the full year 2015 is now expected to be around $850 million, lower than previous guidance o
Subsea 7, Premier Oil Ink Partnership Frame Agreement
Subsea 7 signed a long-term partnership frame agreement with Premier Oil to provide concept engineering, FEED, SURF project execution and Life of Field operations, on a preferred supplier basis. The agreement also enables Subsea 7 access to participate in relevant Premier decommissioning scopes. The
Krasnoye Builds New TSHDs
General Director of FSUE Rosmorport, Andrey Tarasenko, recently made a visit to JSC “Krasnoye Sormovo” shipyard in Nizhniy Novgorod to inspect construction of the company’s three trailing suction hopper dredgers. At the moment, the shipyard is working on three 1000 m³ TSHDs that will be stationed at
Gazprom, KPC sign LNG MoU
Gazprom and Kuwait Petroleum Corporation signed a memorandum of understanding to partner in the field of liquefied natural gas.
Ophir to sign Fortuna FLNG offtake HOAs
Ophir Energy finalised commercial terms and is in the process of signing heads of agreement for LNG offtake from the Fortuna FLNG project.
VARD Bags Offshore Vessel Order
Vard Holdings Limited (VARD), a global designer and shipbuilder of offshore and specialized vessels, has secured a new contract for the design and construction of an offshore vessel. The order was secured from an undisclosed international customer. The new offshore vessel is designed by Vard Design
EDF, Kogas pen LNG capacity deal
EDF Trading, an EDF unit, and KOGAS have signed an LNG capacity and optimization agreement on Tuesday.
Eni wraps up Guendalina sidetrack (Italy)
Italian oil company Eni has completed the sidetrack well GU2-Dir A at the Guendalina gas field in the Northern Adriatic, offshore Italy. Eni is the operator with 80% interest, while Rockhopper Exploration has 20% interest in the field. To remind, Eni found more gas at the sidetrack well in its Guend
DeepOcean Bags Nemo Link Interconnector Work
DeepOcean 1 UK has been awarded a contract by J-Power Systems Corporation for the provision of all marine works for the Nemo Link Interconnector Project. The Nemo Link interconnector will deliver a 1000 MW electricity link between the UK and Belgium. Nemo Link will consist of subsea and underground