Technip has been awarded an engineering, procurement and technical assistance contract by Fengzhen Wanjie Gas Co. Ltd. for a liquefied natural gas (LNG) plant in Fengzhen City, Inner Mongolia Province, China. The plant will consist of 1.3 million Nm3/day LNG train (0.35 Mtpa) and a 0.3 million Nm3/d
Since the beginning of 2014, DEME managed to maintain its order book at a fairly high level of about 3.0 billion EUR thanks to new orders, well spread worldwide across dredging, energy related and environmental activities. The total value of these new orders represents approximately 660 million EUR.
Parker Drilling Company, an international provider of contract drilling and drilling-related services and rental tools to the energy industry, acquired a 1500 horsepower posted barge rig for its Gulf of Mexico drilling fleet in a transaction valued at approximately $12.25 million, using cash on hand
Olympic Shipping has entered into a new contract with Kleven Verft AS for building of a IMR vessel with MT 6021 MK2 design. The MK2 design is a further development of the MT 6021 design. This contract further confirms Olympic’s market position as one of the leading ship owners in the subsea segment.
EDF EN France, Dong Energy and WPD Offshore have issued a call for bids for the Engineering, Procurement, Construction and Installation of up to 83 gravity-based foundations for the Fécamp offshore wind farm. The contract also includes the supply of additional equipment for the gravity-based foundat
German company OceanWaveS GmbH and the Natural Environment Research Council has signed a renewed and extended licence deal for X-band radar technology developed at the National Oceanography Centre. The licensed technology was developed at NOC by Dr. Paul Bell and utilises an advanced software algori
Housed in one of the tallest single floor buildings in Europe, at 58 metres, the world’s most advanced steel tube umbilical manufacturing facility, which reinforces Technip Umbilicals’ position as a key subsea player, has been officially opened. The increased capability will allow the company to acc
Within the Petersburg International Economic Forum Rosneft and EuroChem signed a 6-year contract for gas supplies. The document was signed by Rosneft President, Chairman of the Management Board Igor Sechin and the General Director of OJSC “Mineral and Chemical Company “EuroChem” Dmitriy Strezhnev. T
UK Ministry of Defence’s DE&S Organization has issued a tender for a diver Launch and Recovery System (LARS). Salvage and Marine Operations has a requirement for a diver LARS to support surface supply diving operations to 50m. One of the key requirements is for LARS not to have a footprint larger th
Alexey B. Miller of Gazprom and Chairman of the Management Board of Novatek Leonid V. Mikhelson signed Heads of Agreement for the supply of liquefied natural gas (LNG) between Yamal Trade and Gazprom Marketing & Trading Singapore. The document provides for the supply of up to three million tons of L
The Norwegian Petroleum Directorate (NPD) has granted Statoil Petroleum AS a drilling permit for well 7324/2-1 in the Barents Sea. Well 7324/2-1 (Apollo) will be drilled from the Transocean Spitsbergen drilling facility at position 73°51’47.90″ north and 24°32’29.90″ east. The drilling program for w
Gazprom CEO Alexey Miller and Eni CEO Claudio Descalzi have today signed an agreement to revise the terms of gas supply contracts. The agreement involves a reduction in supply prices and an important change in the price indexation to fully align it with the market. In addition, in 2014 Eni’s ability
ShawCor Ltd., and its pipe coating division, Bredero Shaw, have received a contract with a value of approximately USD 70 million from BP Exploration (Shah Deniz) Ltd., for coating services for the South Caucasus Pipeline Expansion (SCPX) project. The objective of the SCPX Project is to expand the ca
Vard Holdings Limited (“VARD”), one of the major global designers and shipbuilders of offshore and specialized vessels, has secured a new contract with Island Offshore for the construction of one offshore support vessel of Rolls-Royce design. The value of the contract is in excess of NOK 1 billion.
