Empresas ICA, S.A.B. de C.V., the largest infrastructure and construction company in Mexico, has signed a contract with Conagua, the National Water Commission, to build the Churubusco-Xochiaca water tunnel in Mexico City and Mexico state. The Ps. 2,566 million fixed-price contract was awarded throug
SacOil, the African independent upstream oil and gas company, has announced the assignment of 20% equity in Oil Prospecting Licence 233 offshore Nigeria. The assignment of the participating interest was granted and authorised by the Nigerian National Petroleum Corporation (“NNPC”) as per the submitt
FMC Technologies, Inc. announced that it has received an order for five subsea manifolds from Petrobras, Brazil’s national oil company, for its pre-salt fields located offshore Brazil. The order represents the balance of the 16 subsea manifolds ordered under a frame agreement in 2013. In total, FMC
HCS Control Systems, a Fife-based oil and gas sector company is targeting further growth from international clients after securing a £4.5m financing package from the Royal Bank of Scotland. Headquartered in Glenrothes, HCS is a specialist manufacturer of engineered mechanical, hydraulic and electric
Pareto JGO Shipbrokers and Derrick Offshore announce a combination which brings together two of the world’s leading shipbrokers in the specialist offshore market. The transaction sees Derrick Offshore being acquired by Pareto JGO Shipbrokers. Derrick Offshore will continue to trade under its current
Badger Explorer ASA (BXPL) has signed a Co-operation Agreement concerning a potential long term agreement with China National Petroleum Corporation Drilling Research Institute (CNPC DR), whereby CNPC DR will become a sponsoring partner in the development of the Badger Explorer autonomous drilling to
McDermott International, Inc. has announced that one of its subsidiaries has entered into an agreement with Anadarko Petroleum Corporation to provide construction and decommissioning support services on the Red Hawk project. McDermott will supply its Derrick Barge 50 (“DB50”), for decommissioning su
The Honourable Gail Shea, Minister of Fisheries and Oceans, has announced $10.3 million to support improvement projects at small craft harbors in Quebec. This investment will support the following projects: The beginning of a multiyear project involving breakwater construction and the installation o
Salamander Energy has announced that first oil has been received in the tanks of the newly converted Suksan Salamander Floating Storage and Offtake Vessel (“FSO”) at the Bualuang field in the Gulf of Thailand. This is the culmination of the planned upgrade to the field’s facilities which targets a r
Azbil Corporation received an order from Japan Marine United Corporation for the integrated automation system of LNG carriers to be deployed for a U.S. shale gas LNG project. After construction, the LNG carrier is slated to transport liquefied natural gas mainly from the U.S. as part of the Cove Poi
McDermott International, Inc. announced that one of its subsidiaries has entered into an agreement with Anadarko Petroleum Corporation to provide construction and decommissioning support services on the Red Hawk project. McDermott will supply its Derrick Barge 50 (“DB50”), for decommissioning suppor
Dredging works on the rivers Parrett and Tone are in full swing, according to the Environment Agency latest report on the progress being made on the Levels and Moors Flood Action Plan (FAP). “We have dredged a length of 4 km of river (8 km of total river bank length) on the Parrett and Tone [&hellip
Bergen Group ASA has signed an agreement with Calexco S.a.r.l. regarding sale of the remaining 30 % shares in NorYards AS for a price of USD 4 million. The completion of the transaction is expected to take place by end of August 2014. The sale of the minority ownership in NorYards AS (former Bergen
Vinçotte secured a contract for the integrity control of the Wheatstone LNG installation in Western Australia. The Belgian company will be in charge of checking all the welding joints and steel constructions on-site. The works are set to start this month. Vinçotte is setting up a team of about 25 pe
