The Japan Bank for International Cooperation signed, a loan agreement amounting up to 600 million U.S. dollars (JBIC portion) with INPEX CORPORATION (INPEX). The loan is cofinanced with Mizuho Corporate Bank, Ltd., The Bank of Tokyo-Mitsubishi UFJ, Ltd. and Sumitomo Mitsui Banking Corporation, with
Technip was awarded by Shell U.K. Limited an engineering, procurement, installation and construction contract for the Gannet F Reinstatement project, located in the North Sea, 180 kilometers east of Aberdeen, at a water depth of 95 meters. The contract concerns the replacement of the Gannet F flowli
Liquiline of Norway said that Liquiline Solutions, the company’s engineering and terminal division, has entered into a FEED contract (Front-End Engineering and Design) with a major European ship owner. Liquiline will carry out a complete Front-End Engineering & Design for the ship owner in terms of
TTS Group ASA has through its subsidiary TTS Offshore Handling Equipment AS signed a contract worth approximately 65 MNOK. The contract is with Kleven Verft AS in Norway and concerns delivery of an active heave compensated subsea crane for an offshore construction vessel for REM Offshore ASA. The de
Scottish Hydro Electric Transmission plc (SHE Transmission) has awarded MMT Sweden the HVDC cable re-route survey from Shetland to the Caithness landfall. SHE Transmission, which is part of the SSE Group, is planning to install a HVDC cable system between Shetland and Caithness, on the Scottish main
Sulzer Pumps Ltd and FMC Technologies, Inc. strengthened their existing relationship through the signing of a long-term and exclusive collaboration agreement. This agreement addresses the supply of pumps for subsea applications and the further development of pumping technology of Sulzer Pumps to mee
Statoil Petroleum ASA has received consent to use Transocean Searcher for intervention work on the Tyrihans field. The consent relates to use of the Transocean Searcher semi-submersible drilling facility to carry out intervention work in well 6407/1-B-3 H, which is part of production licence 091. Th
McDermott International, Inc. announced today that its Indonesian subsidiary has been awarded a contract by PC Muriah Ltd., an affiliate of PETRONAS Carigali Sdn. Bhd., to develop offshore surface facilities and an infield flowline for the Kepodang Field, located approximately 180 kilometers northea
Tangiers Petroleum advises that a detailed 3D seismic program has highlighted the significant upside for the Company at its Tarfaya offshore block in Morocco. The seismic data, which Tangiers has just finished processing, confirms the Trident prospect and secondary objectives at Assaka and TMA poten
Navis Engineering is supplying six DP2 systems for the new series of Fast Support Intervention Vessels (FSIVs) being built at the Piriou SEAS shipyard in Vietnam for Paris-based Bourbon, the offshore marine services provider. The first vessel in the six-ship series, the Bourbon Sirocco was delivered
Technip, in a consortium with AFCONS Infrastructure Ltd and TH Heavy Engineering Berhad, was awarded a contract by Oil & Natural Gas Corporation Ltd (ONGC), worth approximately €220 million (Technip share: about €50 million), for the Heera Redevelopment (HRD) process platform project in the Arabian
Aker Solutions has signed a contract with Statoil for the supply of a subsea production system for the Aasta Hansteen field development project on the Norwegian Continental Shelf. The contract value is approximately NOK 2 billion. Last week, Aker Solutions signed a NOK 280 million contract with Stat
NCS Survey and InterMoor, both Acteon Companies, have awarded VERIPOS a new three-year contract for provision of GNSS positioning services. The contract, which represents a continuation of long-term VERIPOS services provided to both companies on a worldwide basis, will be in support of their respect
Antrim Energy, an exploration and production company with interests offshore in the UK North Sea, Ireland and Tanzania, today provided an operational update on its Causeway field operations. Rig operations are currently underway to complete the water injector for the Causeway Field in licence P1383
