There are only eight days are left before the opening of the New Suez Canal. Official unveiling ceremony of the new waterway, also known as the Suez Canal Corridor, will be held on the banks of the New Canal on August 6th where Egyptian President Abdel Fattah El-Sisi will be joined by world leaders
Alcatel-Lucent Submarine Networks (ASN) and Quintillion Subsea Holdings LLC have entered into a turnkey contract for the design and construction of a submarine cable system from Prudhoe Bay to Nome. ASN has started marine route survey and installation activities for the implementation of the system.
DOF Subsea, a subsidiary of DOF ASA, has reached an agreement with Subsea 7 for the chartering of the vessels Skandi Acergy, Skandi Seven and Skandi Skansen. Subsea 7 has committed to a 3-year firm period for the vessel Skandi Acergy, starting in direct continuation of the current firm period. The v
Dragados Offshore, an engineering, procurement, and construction (EPC) contractor for the oil and gas industry, Saturday loaded out the jacket for the Mariner project, located in the UK North Sea. Statoil awarded the contract for the construction of the Mariner jacket to Dragados in 2012. According
Carnival Corporation has ordered two LNG-powered cruise ships at Meyer Werft for its Italy-based unit Costa Cruises. The two ships will be built by Meyer shipyard in Turku, Finland, with delivery in 2019 and 2020. Each of them will exceed 180,000 gross tonnage, offering more than 2,600 passenger cab
Carnival Corporation has ordered two LNG-powered cruise ships at Meyer Werft for its Italy-based unit Costa Cruises. The two ships will be built by Meyer shipyard in Turku, Finland, with delivery in 2019 and 2020. Each of them will exceed 180,000 gross tonnage, offering more than 2,600 passenger cab
SAExploration Holdings announced a new project award for ocean-bottom marine seismic data acquisition services valued at approximately $47 million. The Company expects to execute the project during the second half of 2015. This project will be performed using ocean-bottom nodal seismic recording tec
The first-ever Panama Canal Expansion is a vision that will soon become a reality. With the project 91% completed, the Panama Canal Expansion has reached its final stretch. The massive Expansion Program will create a new lane of traffic along the Canal through the construction of a new set of locks,
Technip has been awarded an engineering, procurement, construction, installation and commissioning contract by PETRONAS Carigali for the tie-in of PETRONAS first Floating Liquefied Natural Gas (PFLNG1) facility to KAKG-A platform in Kanowit field. The Kanowit field is located 200 kilometers offshore
The Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) has announced that Husky Energy’s Development Plan Amendment for the White Rose Extension Project, offshore Newfoundland, has received conditional approval from the Board along with the federal and provincial governments. Accord
Pura Vida Energy, an Australia-based oil explorer, has drilled the MZ-1 exploration well in the Mazagan permit, offshore Morocco, to a depth of 4,653 metres within the Lower Cretaceous, without encountering oil. Pura Vida started drilling the MZ-1 well with the Atwood Achiever drillship in June 2015
SBM Offshore has completed the project financing of floating, production, storage and offloading vessel (FPSO) Cidade de Saquarema for a total of $1.55 billion. The project financing was completed on July 27, 2015 and the company says it is the largest project financing in its history. According to
Trinity, an independent E&P company focused on Trinidad and Tobago, has been unable to extend the term of its agreement to complete the purchase of 80% interests in Blocks 1(a) & 1(b), offshore Trinidad, from Centrica. Trinity explained that consequently, the Sale & Purchase Agreement between Trinit
The pre-startup of the oil layer platform of the giant offshore South Pars gas field is more than 98% complete, Iranian petroenergy information network Shana has reported. According to Shana, Ali-Reza Zeighami, South Pars oil layers project manager, said the platform – expected to become fully opera
