Subsea 7 S.A. announced a contract award by Stone Energy valued in excess of US$70 million for the development of the Cardona field in the U.S. Gulf of Mexico. The contract scope includes engineering, procurement, installation and commissioning of flowlines, risers, pipeline structures, and a gas li
CAMAC Energy Inc. has been informed by Allied Energy PLC (“Allied”) that drilling operations at the Oyo-7 well commenced on September 9, 2013. The Company is using Transocean’s Sedneth 701 drilling rig for this project. The drilling of the pilot hole to assess shallow hazards around the Oyo-7 locati
FMC Technologies, Inc. announced today that it has received an order from Shell to supply subsea systems for the Parque das Conchas Phase 3 development offshore Brazil. FMC Technologies’ scope of supply includes seven subsea trees, two manifolds and associated subsea control systems. The company wil
FMC Technologies, Inc. announced that it has received an order from Shell to supply subsea systems for the Parque das Conchas Phase 3 development offshore Brazil. FMC Technologies’ scope of supply includes seven subsea trees, two manifolds and associated subsea control systems. The company will also
Gas Natural Fenosa said it has signed an agreement with KOGAS of South Korea to supply the world’s largest corporate buyer of LNG with 1-1.5 bcm of gas over the next two years. The deal strengthens the position of Gas Natural Fenosa as a global LNG operator and reinforces its growth in Asia, the com
Sigma Offshore, the international FPSO turret mooring and marine engineering services company, has secured a contract for a key project which forms part of a multi-billion pound development in the Indian Ocean. Aberdeen-based Sigma Offshore is to provide Bumi Armada with engineering support for a £4
Hallin Marine, a Superior Energy Services company, announces that its subsea operations vessel Windermere and two deepwater remotely operated vehicles are on duty in the Gumusut-Kakap deep water oil and gas field off Sabah, Malaysia. “This contract was won on the basis of our ability to deliver a co
Sembcorp Marine’s subsidiary Jurong Shipyard has secured a US$346 million contract to build a second semi-submersible well intervention rig for Helix Energy Solutions Group, Inc. (Helix), a market leader in subsea well intervention services. Scheduled for delivery in mid-2016, the semi-submersible l
Reef Subsea Dredging and Excavation (D&E) has secured a number of substantial contracts in the Middle-East and Asia Pacific as the company continues to grow its global footprint. The Middle-East contracts will involve two teams from the company’s UK workforce managing subsea excavation work in Saudi
Global Petroleum Limited, the oil and gas exploration company presently focused on emerging plays in Africa, announces that an application has been filed to renew the Juan de Nova Est permit for a five year term. If such renewal is granted Global would be Operator, holding a 50% equity in the permit
The Board of Mediterranean Oil & Gas Plc announces that its wholly owned subsidiary Medoilgas Italia S.p.A. was informed by the operator ENI that on the morning of 30 August 2013, production from the short string of well Guendalina-3 (“Gue-3”) was shut down due to low pressure at the manifold. An op
Subsea 7 S.A. announced a contract award by Stone Energy valued in excess of US$70 million for the development of the Cardona field in the U.S. Gulf of Mexico. The contract scope includes engineering, procurement, installation and commissioning of flowlines, risers, pipeline structures, and a gas li
Höegh LNG has said it has finalized the loan terms and signed the facility agreement with five banks for the USD 310 million limited recourse financing of the Lampung FSRU and mooring project in Indonesia. Mandated Lead Arrangers are DBS Bank Ltd, Oversea-Chinese Banking Corporation Ltd, Korea Devel
The MV Jumbo Javelin has recently successfully undertaken a cabotage project in Brazil. The cargo was three modules, up to 400t in weight and each one reaching 17m in height. Jumbo was contracted to carry out the project by a consortium of two companies, Galvao Engineering and Mendes Junior Oil and