GSP Jupiter entered under a new contract, providing offshore drilling services for Melrose Resources on the Bulgarian continental shelf. The mobile offshore drilling rig will operate in the Kaliakra perimeter where GSP has been awarded the new drilling contract. GSP Orion, PSV, OSR capability (Oil S
The president of ACCIONA Energy, Carmen Becerril, and the CEO of Navantia, Luis Cacho,signed a co-operation agreement in the field of offshore wind power. Both companies are committed to developing projects and industrial and technological activities with different institutions aiming to contribute
Welltec ® announced that they have signed a major contract in Brazil with Petrobras; contract value will be in excess of $15MM for a duration of up to 4 years. Welltec has been selected as the primary service provider for electric line tractor conveyance as well as for a wide portfolio of mechanical
Lundin Petroleum AB announces that it has commenced the drilling of the Cempulut prospect located in Block SB303, offshore Sabah in East Malaysia. The main objective of the well is to test a large shallow late Miocene carbonate reef with a crestal seismic amplitude anomaly. The planned total depth i
SBM Offshore announces it has received a letter from BP Exploration Operating Company Ltd confirming full project sanction for the supply of an internal turret mooring system for the Quad 204 FPSO project. The contract consists of engineering, procurement and construction of an internal turret moori
Seanergy Maritime Holdings Corp. announced today that the Company has entered into a new time charter agreement forone of its Supramax vessels. The M/V Davakis G., a 54,051 Supramax dry bulk carrier built in 2008, has entered into a time charter agreement for a period of about twelve to about eighte
SMOE, a wholly-owned subsidiary of Sembcorp Marine has secured a contract close to S$600 million from PTTEP International Limited (PTTEPI), Yangon Branch, for engineering, procurement, construction, transportation, installation, offshore hook-up and commissioning, inclusive of novated equipment, of
Scorpio Tankers Inc. announced today that it has amended its 2010 Credit Facility converting it to a reducing revolving credit facility from a term loan and that it has agreed to time charter-in two vessels. The Company executed an amendment to its 2010 Credit Facility with Nordea Bank Finland plc,
Ezra Holdings Limited a leading global offshore contractor and provider of integrated offshore solutions to the oil and gas industry, continues to boost its orderbook of subsea contracts with three Letters of Awards / Letters of Intent (LOAs) with an aggregate value of approximately US$85 million be
Ezra Holdings Limited (“Ezra”, and together with its subsidiaries and associated companies, the “Group”), a leading global offshore contractor and provider of integrated offshore solutions to the oil and gas (O&G) industry, continues to boost its orderbook of subsea contracts with three Letters of A
In response to unfavourable trading conditions, Hamburg Süd will rationalise its services between North Europe and the Eastern Mediterranean. From the first week of August onwards, the existing two-sling concept is to be reconfigured with the aim to ensure the same comprehensive port coverage while
An agreement has been signed with the Brodosplit shipyard in Split, Croatia, for the construction of a top segment heavy lift vessel. The construction of this new generation vessel confirms Jumbo’s position as market leader in heavy lift shipping. The new vessel will have a length of 152.60m and a b
On July 13, SOCAR President Mr. Rovnag Abdullayev met with Mr. Phil Mulhall, ExxonMobil Regional Manager for Europe and the Caspian Region and Mr. Steven Mann, chief advisor on international issues. Mr. Abdullayev informed the guests on the latest achievements of Azerbaijan in the oil and gas indust
KS Energy Limited announces that one of its drilling related subsidiaries, together with its consortium partner, PT Pertamina Drilling Services Indonesia, has been awarded a contract, by a major oil company operating in Indonesia, to provide development drilling rig services worth approximately USD