McDermott has been awarded initial work for a significant power supply system replacement contract by Saudi Aramco for the Marjan field, offshore Saudi Arabia. Work is expected to be executed through the fourth quarter of 2016 and will be included in McDermott’s first quarter 2015 backlog. The overa
Seatronics Ltd Abu Dhabi, an Acteon company, has been appointed as a distributor of SBG Systems’ products in the Middle East region, effective Jan. 2015. This is a significant development for Seatronics Abu Dhabi, enabling it to expand its scope of product supply to customers and bringing the latest
Saipem, through its subsidiary ERSAI Caspian Contractor LLC, has been awarded new Engineering & Construction contract for the Kashagan field project, located in the Kazakh waters of the Caspian Sea, valued at approximately $1.8 billion. The North Caspian Operating Company (NCOC) has awarded Saipem a
INPEX’s subsidiary, Japan Oil Development Co., Ltd. (JODCO), started oil production from the Nasr Oil Field offshore Abu Dhabi, the United Arab Emirates, on January 24, 2015. The Nasr Oil Field is located approximately 130km northwest of Abu Dhabi City. INPEX has jointly developed the Nasr Oil Field
Norwegian ocean-bottom seismic specialist, Magseis, has secured a deal with BGP Arabia Co. Ltd for a pilot survey for the Saudi Arabian Oil Company (Saudi Aramco). According to Magseis, the survey will be conducted in the Red Sea and should last until the end of February. This is the company’s secon
Nautilus Minerals has pre-paid US$10 million of the US$18 million charterer’s guarantee that was to be provided to Marine Assets Corporation (MAC) on the start of the charter of the vessel, which is to be first deployed for use at the Company’s Solwara 1 Project. Under the terms of the Company’s ves
Egyptian government officials on Thursday, January 29th 2015, held a press conference about the New Suez Canal informing the public on the progress being made on the project. Chairman of the Armed Forces Engineering Authority, Maj.-Gen. Kamel El-Wazir said that so far about 10 kilometers of the New
GAC said it has been appointed sole provider of hub agency services for the worldwide LNG fleet of BG Group. The agreement also covers crude oil and LPG shipments to accommodate BG’s expanding cargo range. The new five-year contract took effect on January 1 with GAC providing hub and ship agency ser
GAC said it has been appointed sole provider of hub agency services for the worldwide LNG fleet of BG Group. The agreement also covers crude oil and LPG shipments to accommodate BG’s expanding cargo range. The new five-year contract took effect on January 1 with GAC providing hub and ship agency ser
Shell reached a deal with Jordan’s National Electic power company, for the supply of LNG starting from July.
Shell reached a deal with Jordan’s National Electic power company, for the supply of LNG starting from July.
Qatar’s Prime Minister and Minister of Interior, Sheikh Abdullah bin Nasser bin Khalifa al-Thani, has officially launched the second phase of the Al Ruwais Port development project in Al Shamal. According to the Qatar News Agency, the Prime Minister toured the first phase of the project and listened
Dear readers, in today’s list of the most read articles of this past week is an article of the arrival of the Pieter Schelte vessel to Rotterdam. To call it just a ‘vessel’ is an understatement. A platform installation / decommissioning and pipelaying vessel in one, it has been described as a twin-h
PSA Marine and Oman LNG have signed a ten-year towage contract.
