Russia’s Gazprom and Hague-based LNG giant Shell signed on Thursday a memorandum of understanding regarding the Baltic LNG project. Under the MoU, the two companies will expand their cooperation in the LNG business and study the possibilities for the construction of an LNG export plant in the port o
Following successful sea trials, Krasnoye Sormovo shipyard – part of United Shipbuilding Corporation – has completed delivery of the trailing suction hopper dredger Sommers. The Sommers is the lead vessel in a series of three 1000 m³ TSHDs that are being built for Rosmorport. The TSHDs were designed
Geneva-headquartered trader Vitol has reportedly won the tender for the first cargo loaded at the Angola LNG facility that has recently kicked back into production, following a two-year shutdown.
The largest infrastructure project since the waterway’s original construction, the Panama Canal Expansion Program will create a new lane of traffic along the Canal through the construction of a new set of locks, increasing the waterway’s capacity. The existing locks allow the passage of vessels that
Fugro has been awarded a three-year contract for integrity management support (IMS) and intervention works for Det norske in the Norwegian sector of the North Sea. The offshore scope covers subsea assets at Alvheim, Vilje, Volund and Bøyla field developments, with the work being conducted in May and
Norwegian oil giant Statoil has suspended production from the Njord and Hyme fields, offshore Norway, due to a planned upgrade work. Statoil is the operator of the Njord and Hyme fields located in the Norwegian Sea with 20% and 35% interests, respectively. Faroe Petroleum is a licensees in both fiel
Brazilian oil company Petrobras has concluded the drilling and appraisal of the seventh well in the Libra block, located in the pre-salt layer of the Santos Basin. The new well has discovered Libra’s largest net pay to date, with 410 meters of thickness, Petrobras said. This column overcomes the lat
C-Kore Systems has been awarded a contract to supply Statoil with subsea electrical monitoring tools. Statoil will be using the tools to monitor the insulation resistance and continuity of a new control umbilical during its installation at a field outside Bergen in the northern part of the North Sea
Seaway Heavy Lifting has awarded Bladt Industries an order for 30 jacket foundations for the Beatrice offshore wind farm. Fabrication of the jackets will take place at Bladt’ production facilities at Lindoe Industrial Park, Denmark. Bladt will provide 30 four-legged jacket foundations for the wind f
Oil and gas exploration company, Chariot Oil & Gas, has chosen not to enter into the First Renewal Phase of the C-19 licence offshore Mauritania, after failing to find a partner to fund exploration. The company said it acquired 3500 square kilometers of proprietary 3D seismic data, undertook extensi
The South Carolina Ports Authority (SCPA) Board of Directors has adopted a financial plan for the 2017 fiscal year that includes six percent pier container growth, $226.1 million operating revenues, $40.8 million operating earnings, and capital expenditures of $248 million. The plan projects pier co
Faroe Petroleum, oil and gas firm focusing on exploration and production opportunities in Norway and the UK, has made an oil and gas discovery in its operated Brasse exploration well in licence PL740 in the Norwegian section of the North Sea. The Brasse well (31/7-1) has been drilled to a total dept
Lukoil, Russia’s privately owned oil company, has kicked off the development drilling operation at its Vladimir Filanovsky field in the Caspian Sea. According to the company, president of Lukoil Vagit Alekperov and Governor of the Astrakhan Region Alexander Zhilkin visited the Vladimir Filanovsky fi
MAN Diesel & Turbo on Tuesday said it has received orders for M-type, electronically-controlled, gas-injection (ME-GI) engines from Maran Gas, for its two newbuilds at DSME of South Korea.
