On 15 May 2013, supporting blocks for the ice-resistant fixed platform (LSP1) were launched by the LOTOS Shipyard, JSC (Astrakhan Region), this being the first facility of the V. Filanovsky field in the Caspian Sea. LSP1 plan approval was carried out by the Head Office of Russian Maritime Register o
AWE Limited has increased its estimate of recoverable oil for the Ande Ande Lumut (AAL) K Sand development by 33% to 101 million barrels of oil (including upgrading what were previously considered Contingent Resources to Gross 2P Reserves), following an independent review and certification by Perth
Tunisiana and Orange Tunisia announced the signing of a partnership agreement with Interoute, the owner operator of Europe’s largest next generation network, for the commissioning of a submarine cable, called Didon, connecting the city of Kélibia, Tunisia to Interoute’s pan European fiber optic netw
During last week, Eco Wave Power’s founders, Mr. David Leb (Founder and CEO) and Ms. Inna Braverman (Co-Founder & Marketing Director) arrived to Kempinski Hotel in Beijing in order to sign an initial collaboration agreement between EWP and a Chinese Governmental fund. The agreement was executed in a
Gulfstream Services Inc (GSI), provider of cutting edge equipment to the international oil and gas industry, has successfully completed two six figure decommissioning contracts with major oil and gas service companies, Helix Well Ops UK and Dof Subsea. The Helix contract was part of the BP North Wes
Chantier Davie Canada Inc. (Davie) announced the conclusion of a two ship order from La Société des traversiers du Québec (STQ). The two dual-fuel LNG Ro-Pax ferries will operate on the St. Lawrence River on the Tadoussac-Baie-Sainte-Catherine route and shall enter service in 2015. At 92 m long, eac
Tennessee Gas Pipeline Company, L.L.C. (TGP), a unit of Kinder Morgan Energy Partners, has signed a binding, 20-year firm transportation precedent agreement with Mitsubishi Corporation (MC) of Japan to ship 600,000 dekatherms per day of natural gas earmarked for the proposed Cameron LNG liquefaction
Sempra Energy, GDF SUEZ S.A., Mitsubishi Corporation and Mitsui & Co., announced that they have signed 20-year tolling capacity and joint-venture agreements to support the development, financing and construction of a liquefied natural gas (LNG) export facility at the site of the Cameron LNG receipt
ATCO Structures & Logistics Pty. Ltd (ATCO) said that it has entered into an agreement with Bechtel to design, manufacture, transport and install 357 modular units for the Chevron-operated Wheatstone Project in Western Australia. The contract, valued at an estimated A$100 million, commenced with the
KONGSBERG has been awarded a significant offshore automation contract with Daewoo Shipbuilding & Marine Engineering (DSME). The contract covers deliveries to four Transocean owned new-build drill ships, with an option for KONGSBERG to deliver products and services for six more drill ships. “We call
Burckhardt Compression received the first order for the fuel gas compressor system Laby® -GI for two LNG carriers. This marks a major milestone for Burckhardt Compression in setting up a compressor business for energy-efficient, environmentally friendly propulsion systems for gas-operated marine die
Mitsubishi Heavy Industries, Ltd. (MHI) said it will sign an agreement on Friday with Mitsui O.S.K. Lines, Ltd. to build a “Sayaendo” series new-generation liquefied natural gas (LNG) carrier. Sayaendo series ships feature a unique structure that integrates the LNG tank cover with the ship hull, res
DOF Subsea has secured multiple contract awards in the Asia Pacific region over the last couple of weeks, with a total contract value of about USD 50 million. The contracts will utilize the vessels Skandi Singapore, Skandi Hercules and Skandi Hawk. DOF Subsea’s CEO, Mons S. Aase, is pleased with the
Cargotec’s MacGregor has received EUR 22 million order to deliver a 900-tonne active heave-compensated (AHC) MacGregor subsea crane to the South Korean shipyard, Hyundai Heavy Industries Co Ltd. The crane will be installed on a 150m multi-purpose offshore construction vessel (MOCV) ordered by Sealio
