ABB, the leading power and automation technology group, has been awarded an oil and gas contract worth $20 million for providing power and automation technologies to a floating production, storage and offloading vessel (FPSO) built by the Chinese shipyard COSCO Nantong for Dana Petroleum. The contra
Electromagnetic Geoservices ASA (EMGS) announces that it has been awarded a contract worth approximately USD 100 million by one of the world’s largest oil companies. It is expected that 3D electromagnetic (EM) data acquisition will start in early September 2013, following mobilisation of the vessel
Tap oil, an independent oil and gas company from Australia, has announced that drilling operations for the 8½” (216mm) section continued at the Apache-operated Bianchi well. The well was drilled to a depth of 5,302 metres. The Joint Venture has agreed to deepen the well and drill to a new total of a
The Republic of Cyprus, today signed a Memorandum of Understanding in respect of the Cyprus Liquefied Natural Gas Project with Noble Energy International Ltd , Delek Drilling Limited Partnership and Avner Oil Exploration Limited Partnership, that were granted in 2008 a Production Sharing Contract fo
CB&I announced it has been awarded a contract valued in excess of $40 million. The scope of work includes pipe fabrication for a major liquefied natural gas project in Australia, which will be executed by CB&I’s manufacturing facility in the United Arab Emirates. “This award builds on CB&I’s proven
In April TGE Marine Gas Engineering signed a contract with Dalian Inteh Group for the design and supply of the gas handling system as well as cargo tank material package for a 28,000 cbm LNG-carrier which came into effect in mid-June. The ship will be built at COSCO Dalian Shipyard and is scheduled
Saipem has been awarded the contract for the subsea development of the Egina field, in Nigeria, in a water depth up to 1,700 metres. The project was included in the new contract awards announced in the press release issued on 21st May 2013, but was not named at that time and it is worth approximatel
Talisman Energy Norge AS, the operator of PL 299 (Frode), in the Norwegian sector of the North sea, is about to complete drilling operations on the Frode prospect. No hydrocarbons were encountered and the well will be plugged and abandoned. The operator, headquartered in Calgary, Alberta, is using t
Technip was awarded by Statoil ASA an important lump sum contract for pipelay and subsea installations for the Snøhvit CO2 Solution project. The Snøhvit field is located approximately 140 kilometers north-west of Hammerfest in Norway, in the Arctic Circle, and has been in operation since 2007, follo
FMC Technologies, Inc. announced today that it has received an order from Total Upstream Nigeria Ltd. for subsea equipment for the Egina field. The award has an estimated value of $1.2 billion. The Egina field is located in Block OML 130 offshore Nigeria. FMC Technologies’ scope of supply includes s
A working meeting among Viktor Zubkov, Chairman of the Gazprom Board of Directors, Alexey Miller, Chairman of the Gazprom Management Committee and Donald James Umpleby III, President of Caterpillar Group took place at St. Petersburg as part of the International Economic Forum 2013. The parties stres
South Stream Transport has initiated two tenders, one for the supply of line pipe and another one for the construction of the South Stream Offshore Pipeline through the Black Sea. South Stream Transport identified those pipe manufacturers which are able to produce pipes according to the specific Pro
CNOOC Limited has selected Emerson Process Management to provide process automation, safety, and asset management technology for a gas production project in the South China Sea. The deepwater project includes the Liwan 3-1 field, jointly developed by CNOOC and Canada Husky Energy Inc., and the CNOOC
Reef Subsea Dredging & Excavation (RSDE) has successfully completed on another rock removal project for A/S Norske Shell over an 11 week period in the Draugen Field, located in License PL93 (Block 6407/9) in the Haltenbanken area some 140km north of Kristiansund, Norway. The project was contracted b
