Farstad Shipping ASA has signed a Letter of Intent with Technip regarding utilization of the subsea vessel Far tbn Sleipner (2015, Vard 3 07) which is under construction at Vard Langsten. The Agreement secures the subsea vessel a utilization of 11 months, divided into two fixed periods. Including mo
AGR has secured a further contract award for its well intelligence software solution, iQx, with LUKOIL Overseas North Shelf AS. The latest deal follows previous contract awards in 2014 with Det Norske Oljeselskap, VNG (Norge), OMV (Norge) and Lundin Norway. According to AGR, iQx software was designe
Statoil has decided to drill a well to test the Roald Rygg Prospect in PL602, on the Norwegian Continental Shelf (NCS). The well is planned to be drilled in 2015. In addition to drilling decision, Statoil also decided to acquire Rocksource’s 10 per cent participating interest in the licence. The tra
The U.S. Army Corps of Engineers Jacksonville District will host a virtual information session for people interested in rehabilitation efforts at the Herbert Hoover Dike surrounding Lake Okeechobee in south Florida. The information session will be conducted at 3 p.m. on Thursday, February 26. Intere
DEME: New Contracts Worth €1.6 Billion DEME, the Belgian dredging, hydraulic engineering and environmental solutions group, has secured a number of new contracts worldwide. The total value of these orders is approximately 1.6 billion EUR. Van Oord’s Dredger on Its Way to Kazakhstan Wagenborg Nedlift
Danish Energy Agency (DEA) has issued a call for pre-qualification to bid for the construction of wind farms in six areas off the Danish coast. A maximum of 200 MW could be proposed for each area, except the one off the island of Bornholm, where a project of up to 50 MW is planned. The country aims
Litgas, a part of Lietuvos Energija energy company group, has signed one of the first agreements in Lithuania with Latvijas Gaze regarding transit of natural gas through Latvia, thus extending its possibilities of trading natural gas in the Baltic region.
Litgas, a part of Lietuvos Energija energy company group, has signed one of the first agreements in Lithuania with Latvijas Gaze regarding transit of natural gas through Latvia, thus extending its possibilities of trading natural gas in the Baltic region.
Songa Offshore has agreed upon final delivery dates for Cat D rigs with South Korea’s shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME). To remind, Statoil awarded the contract for construction of two Cat D rigs to Songa in 2011 and they were scheduled for delivery in 2014. The second orde
BP’s attempt to reduce a maximum fine for the Deepwater Horizon oil spill under the Clean Water Act has fallen on deaf ears. In a ruling brought by the U.S. District Court Eastern Disctrict of Louisiana, Judge Barbier agreed with the U.S. government’s position that the maximum penalty should be $4,3
Romania’s SC Shark SRL has secured a diving/ROV services contract from OMV Petrom SA. The framework agreement, awarded earlier this year, requires the contractor to provide diving services, prospecting and operation of remotely operated vehicles, in order to explore the operating perimeters for the
Astaldi Group recently won a €52 million contract related to the dredging works in the Port of Taranto, Italy. The works are part of the plan, launched by the port authority, to modernize and expand the container terminal area. The rough estimates show that around 2,3 million cubic meters of sedimen
Rolls-Royce said it has signed a collaboration agreement with Gas Natural Fenosa to develop and install a pure-gas Bergen engine aboard the Baleària-operated ferry Abel Matutes.
Rolls-Royce said it has signed a collaboration agreement with Gas Natural Fenosa to develop and install a pure-gas Bergen engine aboard the Baleària-operated ferry Abel Matutes.