Mitsubishi Corporation , through its wholly owned special purpose company and its UK based subsidiary, has acquired a 50% share of the Walney 1 offshore transmission assets. The acquisition was made from Macquarie Capital Group Limited (UK Branch) , and represents the first time for a Japanese compa
FMC Technologies, Inc. announced that it has signed a global alliance agreement with Anadarko Petroleum Corporation to provide subsea systems and life-of-field services for their worldwide subsea development projects. In 1999, FMC supplied equipment for Anadarko’s first subsea project, North Garnet,
Chevron Brasil Upstream Frade Ltda announced it has been ordered by Brazil’s National Petroleum Agency (ANP) to shut in one of its 11 production wells and four produced water injection wells at its off-shore Frade joint-venture Floating Production-Storage and Offloading (FPSO) facility. The move by
Technip announced that it has completed the acquisition of Global Industries, Ltd . The shareholders of Global Industries approved the merger at a special shareholders meeting held on November 30, 2011 and will receive US$8.00 per share in cash. Global Industries has become an indirect, wholly-owned
Eni announces the purchase of a 32.5% stake in the Evans Shoal gas field in the Timor Sea, Australia. The field is located offshore in the NT/P48 exploration permit in the north Bonaparte Basin, around 300km northwest of Darwin, where there is an existing LNG plant precinct. The undeveloped Evans Sh
Global Industries, Ltd. announced that, at a special meeting held in Houston, Texas, its shareholders voted to approve the proposed merger of an indirect, wholly-owned subsidiary of Technip S.A. with and into Global Industries, as well as other proposals related to the merger. Global Industries and
Cook Island’s approach to deep sea mining should be adopted by other Pacific nations, says a Cook Islands environmental lawyer and … (radioaustralia) [mappress] Source: Radio Australia , December 01, 2011;
ShawCor Ltd. announced that its pipecoating division, Bredero Shaw, has received a contract with a value in excess of US$45 million from Hyundai Heavy Industries to provide corrosion protection and concrete weight coating for the Barzan pipeline project in the Qatari sector of the Arabian Gulf. The
MMT has been contracted by Nexans Norway AS to carry out a pre-engineering marine survey of an 80 m wide corridor between Qalet Marku in Malta and Marina di Ragusa in Sicily. The survey operation will be conducted by MMT survey vessel Franklin, (length 56 meters). M/V Franklin is fully equipped to p
Nido Petroleum Philippines Pty Limited, as Operator of Service Contract 54A , on behalf of partners Yilgarn Petroleum Philippines Pty Ltd (a wholly owned subsidiary of Kairiki Energy Ltd), Trafigura Ventures III B.V. and TG World Corporation, announces the acquisition of new 2D seismic in SC 54A . K
Ocean energy company, BioPower Systems (BPS), today announced that the Victorian Minister for Energy and Resources, the Hon. Michael O’Brien MP, has awarded the company conditional funding support of $5 million under the Sustainable Energy Pilot Demonstration Program. The funding will be applied tow
As the chase for oil and gas moves further north, the oil services industry follows. Today Aker Solutions announces plans to establish a large engineering office in Tromsø as part of the company’s northern Norway strategy. The new office will gather knowledge and expertise related to the northern re
Russian based oil and gas corporation Rosneft plans to begin a 3D seismic survey in the southern part of the Barents Sea in summer season 2012, said Rosneft head Eduard Khudainatov. “Next year we’ll commence seismic survey. In May, the ship should be there, in July or August, maybe we’ll start”, RIA
The planned construction of offshore wind power parks in the North Sea and Baltic Sea can only prosper if specialist port services providers, suppliers and manufacturers work together closely and if the public sector provides the necessary financial support. That was the conclusion reached at the Rh
