Dril-Quip’s wholly-owned subsidiary Dril-Quip (Europe) Limited, serving the North Sea, Europe and Africa regions, has been awarded a contract valued at approximately $110 million, to supply subsea completion systems and related services for an FPSO development project. In accordance with the contrac
Tohoku Electric Power of Japan said it has signed a deal to extend LNG purchases from Malaysia’s LNG II project, operated by Petronas. Tohoku Electric Power has been buying about 0.5 million tonnes of LNG a year from April 1996 from Malaysia II, but since this contract will expire in March 2016, the
Keppel Offshore & Marine Ltd’s (Keppel O&M) subsidiaries Keppel Shipyard Ltd (Keppel Shipyard), Keppel Singmarine Pte Ltd (Keppel Singmarine), and Keppel Nantong Shipyard Co. Ltd (Keppel Nantong) have secured contracts worth a total of about S$140 million. Mr Michael Chia, Managing Director (Marine
Cairn Energy Plc has plugged and abandoned its JM-1 well, off the coast of Morocco. The company said that the well, which was spudded in January, drilled to evaluate Upper Jurassic and Middle Jurassic objectives, reached a total depth of 3,711m TVDSS and has been plugged and abandoned without testin
Marubeni Corporation said it has reached an agreement with GDF Suez on participation in the offshore LNG receiving terminal project in Uruguay for providing the LNG receiving, storage and regasification service which GDF SUEZ, through its affiliate International Power S.A. (Belgium, IPSA) has been d
South Korea’s Daewoo Shipbuilding & Marine Engineering (DSME) has secured a US$316 million (339.3 billion won) order from Sovcomflot to build an ice-class LNG tanker to transport liquefied natural gas produced at the Yamal LNG project in Russia, DSME said in a filling to the stock exchange. DSME pla
South Stream Transport has contracted the Italian company Saipem for the construction of the South Stream Offshore Pipeline. Oleg Aksyutin, CEO of South Stream Transport B.V. and Stefano Bianchi, SVP of Saipem S.p.A signed the contracts in Amsterdam. The South Stream Offshore Pipeline will consist o
South Stream Transport has ordered over 75,000 pipes for second line of the South Stream Offshore Pipeline, with a total order value of about 800 million euros ($1.1 billion). Marubeni-Itochu & Sumitomo Consortium from Japan will supply 40% of the pipes, OMK Steel from Russia 35%, and Izhora Pipe Mi
South Stream Transport has ordered over 75,000 pipes for second line of the South Stream Offshore Pipeline, with a total order value of about 800 million euros. Marubeni-Itochu & Sumitomo Consortium from Japan will supply 40% of the pipes, OMK Steel from Russia 35%, and Izhora Pipe Mill from Russia
Otto Energy Limited announced that the DOE has approved the reassignment of 60% equity in SC55 from BHP Billiton Petroleum (Philippines) Corporation to Otto, taking Otto’s interest to 93.18%. A separate announcement on revisions to the work commitment timing is expected to be released shortly once c
Komenda Portu Wojennego Gdynia invites tenders to supply, assembly and commission 2 sets of brand integrated software and underwater simulators. The tenders are for Human Underwater Simulator Round (Control Submarine Simulation), installed in the hull of UBIEE underwater in Kobben (erected on specia
SeaBird Exploration Plc’s Harrier Explorer vessel has been awarded a two-month extension to the current contract in the North Sea. The vessel will operate under the extended contract until the second half of May 2014. The value of the extension is estimated at USD 4 million. The Aquila Explorer has
Planet Ocean Ltd has reached an agreement to purchase the business of Elkins Oceanic Services Ltd. Elkins Oceanic Services is known for their production of mooring swivels for all underwater applications. The Company leader, Dennis Elkins, best known for the Elkins Deep Ocean Swivels, Push Corer uni
South Carolina-based Prysmian Cables and Systems USA has been awarded the contract for the eventual supply of the intra array and export power cables for Cape Wind’s offshore wind farm and New Jersey-based Caldwell Marine International has been awarded the contract for the installation of the underw
