Klaipedos Nafta and AGA of Lithuania signed a memorandum of understanding to cooperate on developing the LNG terminal infrastructure.
All vessels belonging to the Consortium consisting of Great Lakes (25%) and Dredging International NV (75%) that will take part in the widening and deepening of the Suez Canal have arrived on the scene and are ready for action. The $540 million contract, awarded to the Consortium earlier in October,
GE has signed an agreement to acquire the Subsea Electric Actuator product line of Oceaneering, a global provider of engineering services and products to the oil and gas industry. The product line goes to market under the Oceaneering Subsea All Electric and Ifokus brand, which specializes in the des
Electromagnetic Geoservices ASA (EMGS) has entered into a data licensing agreement with an oil company worth USD 7.1 million for the provision of 3D EM data from EMGS’ multi-client data library in the Barents Sea. “This sale is yet another confirmation of the increased recognition of the importance
Flensburger-Schiffbau-Gesellschaft ordered MacGregor’s comprehensive RoRo cargo access equipment package for SeaRoad’s LNG powered ferry.
Ocean Yield ASA has taken delivery of the diving support and offshore construction vessel “SBM Installer”. OS Installer, a joint venture between Ocean Yield ASA (75%) and SBM Offshore (25%) purchased the vessel from SBM Offshore earlier this month for US$150 million in cash. The vessel immediately e
Construction works on a grout curtain that will protect foundation of the Borinquen 1E Dam were completed yesterday. The grout curtain is 2.4 kilometers long and 15 meters deep under the core of the foundation of Borniquen 1E Dam, located on the west side of Pedro Miguel Locks. “This is another impo
GDF Suez has won an auction in Chile to build a new power plant and transmission line.
Subsea 7 has been awarded a contract by the Hess Corporation for installation work in support of the Stampede Project in deepwater US Gulf of Mexico. The scope of work involves installation of flowlines, steel catenary risers, umbilicals, jumpers and associated subsea architecture which tie-back two
The Florida Department of Environmental Protection has formally adopted an aggressive 10-year restoration plan, known as a basin management action plan or BMAP, covering Lake Okeechobee. The long-term restoration plan was carefully developed through a series of public meetings that included environm
FSUE Rosmorport is planning to conduct dredging operations during the 2015 navigation season at the Muchke Bay coal handling complex. The project named “Construction of a transport and handling coal complex on the northern coast of the Muchke Bay” comes as a part of a massive federal target program
Aminex has received a confirmation from the Tanzanian Ministry of Energy and Minerals that the Minister has no objection to the proposed sale of up to a 13% interest in the Kiliwani North Development Licence (KNDL) to Solo Oil for a total consideration of $7 million. The sale now remains subject onl
SeaBird Exploration Plc has received a letter of award (LOA) for source work for one of its vessels in the South East Asia region. It is estimated that the client will charter the vessel for 30-35 days starting early April 2015. The contract will have an estimated value of USD 3.5 – 4.0 million. Sea
2H Offshore, an Acteon company, will deliver a lightweight conductor-supported platform for EQ Petroleum Developments Malaysia Sdn Bhd for installation in the Tanjong Baram field, offshore Malaysia. EQ Petroleum Developments Malaysia Sdn Bhd is a subsidiary of EnQuest PLC. The award follows completi