BP on Thursday said it has signed a second production sharing contract (PSC) for shale gas exploration, development and production with China National Petroleum Corporation (CNPC).
Following years of delays, the FPF-1, a production facility to be used to produce oil from Ithaca Energy’s Stella field in the UK North Sea, has reached its offshore destination The info on the offshore unit’s arrival to the UK North Sea, has been shared by Petrofac, the company in charge of modific
Construction work is about to begin on the second phase of Exeter’s flood defense scheme. The work on a new flood embankment around Exwick playing fields will start next week (5 September). Two out of the three playing fields will remain open during the works but the third playing field, which is cl
Norwegian contractor Reach Subsea has booked lower profit as it saw revenues decline close to 60 percent during the second quarter of 2016. For the quarter, Reach Subsea generated net profit of NOK 3.3 million, or NOK 0.04 per share, on revenue of NOK 89.5 million, versus net profit of NOK 9.1 milli
Deputy Head of the Federal Agency of Sea and River Transport Zhikhareva Nadezhda, Executive Director of FSUE “Rosmorport” Andrey Lavrischev and representatives of the enterprise management visited last week the seaport of Sabetta to tour the construction site. During the tour, specialists examined t
In cooperation with the Van Oord – BAM International consortium, is constructing a world-class container terminal in Moín, Costa Rica. APM Terminals signed this $992 million 33-year concession contract with the Costa Rican government to design, finance, construct, operate and maintain the new Moín C
The U.S. Army Corps of Engineers, Jacksonville District contractor Eastman Aggregate Enterprises, LLC of Lake Worth, Florida, has just started of the beachfill operations on the Miami Beach. Construction work is underway near the 46th Street location and will continue to the 54th Street location. Du
Wood Group has been awarded a new frame agreement by Wintershall Norge to tender for provision of modification and maintenance services to assets in the Norwegian Continental Shelf (NCS). The four-year frame agreement, which has two three-year extension options and is effective immediately, will be
Royal IHC recently held a keel-laying ceremony for Maldives Transport and Contracting Company (MTCC) new hopper suction dredger “Mahaa Jarraafu”. The keel of the new dredger was laid on 25th August at a special ceremony held at Nantong Rainbow Marine Technology Boat Yard in China. The ceremony was i
Dredging activities in the Mississippi River near, Wabasha, Minnesota, are creating foam near the Crats Island unloading site. This naturally occurring foam, sometimes in the form of thin white lines or grey-brown floating clumps, is created by mixing of plant materials and the water during the dred
Clinton Marine Survey has been awarded a cable tracking project between Sweden and Denmark. The survey includes cable tracking, ROV video, multibeam, and sidescan sonar on the link. The water depth is ranging between 0 meters to 80 meters and has been conducted with the company’s two survey vessels
Braddock Bay, Greece (NY) is undergoing a restoration project that involves dredging portions of the bay and the construction of the barrier beach. Ongoing barrier beach construction works at the bay are in full swing now and will be completed by the end of the construction season 2016. Braddock Bay
Egypt and Cyprus have signed an agreement regarding the transport of natural gas via a direct subsea pipeline from Cyprus to Egypt for domestic consumption or re-export.
The ExxonMobil-operated US$19 billion PNG LNG project has reportedly issued a tender on Monday to sell a spot cargo scheduled to load late September.
