Australian engineering company Monadelphous has secured new construction and fabrication contracts with a combined value of approximately $170 million. The company on Monday said it had secured a new contract with JKC Australia LNG for structural, mechanical, piping, electrical and instrumentation w
US LNG export player Cheniere Energy and South Korea’s utility Kogas announced the start of their 20-year sales and purchase deal to supply US LNG to the latter from the Sabine Pass liquefaction facility in Louisiana. The agreement, which was originally signed in January of 2012, officially started
Belgian dredging specialist DEME on Friday held a naming ceremony for its first LNG-powered dredger in the port of Zeebrugge. DEME claims that the 3,500-cbm trailing suction hopper dredger named Minerva is the first dredging vessel in the world equipped with dual fuel engines and capable of operatin
London-based LNG engineer Amec Foster Wheeler has completed the sale of its circulating fluidised bed boiler business to Japan’s Sumitomo Heavy Industries for $170 million. The net proceeds of will be used to reduce the company’s net debt. The CFB boiler business is the largest part of the company’s
Seabed Geosolutions has reportedly been awarded an ocean bottom seismic survey contract in Brazil. The company, a joint venture between CGG and Fugro, has secured a contract with Petrobras for work in the Santos Basin, offshore Brazil. The contract, worth $90 million, is expected to start in late 20
Last March, it was announced that the Panama Canal Authority (ACP) ordered a vessel scheduling and maritime resources management system called Quintiq. A Dutch software company developed the system and this is not the only innovation the Dutch brought to the new Panama Canal. The expansion of the Pa
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First Hywind Turbine Mounted on Its Floating Foundation The first of the total 5 turbines for the Hywind Scotland project has been lifted onto its floating foundation in Stord, Norway, and is ready for the deployment off the Scottish coast. MHI Vestas SOV Hits the Water (Video) Cemre Shipyard in Tur
Qatargas, Shell ink 5-year LNG supply deal Qatargas, the world’s largest LNG producer, signed a new deal to supply liquefied natural gas to the Hague-based LNG giant Shell. Golar, Delfin to jointly develop first US FLNG project Bermuda-based Golar LNG signed a deal with Delfin Midstream to jointly d
Greek energy ministry has approved applications of the consortium of Total, ExxonMobil, and Hellenic Petroleum, and separately, Energean to explore for oil and gas offshore. The Total-ExxonMobil-Hellenic Petroleum consortium has applied for the the areas south and west of Crete. Greek company, Energ
U.S. offshore vessel owner Seacor Marine is set to launch a stalking horse bid to form a joint venture company with Montco Offshore, a liftboat specialist that has earlier filed for Chapter 11 bankruptcy protection. Here is a definition of a stalking horse bid, as shared by Investopedia: “A stalking
Norwegian offshore safety watchdog, the Petroleum Safety Authority (PSA), has launched an investigation into a hydrocarbon leak on the Gjøa field, located in the North Sea off Norway, on June 21. Engie E&P, as the operator of the field, shut down the production from the field following the incident
The Association of Bulk Terminal Operators (ABTO) has called for a complete overhaul of the cargo sampling and liquefaction testing protocols for raw ores and less common cargoes, such as nickel ore, fine wet coal and bauxite. According to Professor Mike Bradley, a member of the advisory panel to AB
Brazil has introduced a new inspection requirement in its ports, following a number of recent casualties involving bulk carriers, marine insurer West of England informed. According to the requirement, all vessels 18 or more years old that are to load a cargo with a density of 1.78 t/m3 or greater –
