Bowtech Products Ltd, a global market leader in subsea vision systems, announced that it was awarded a contract by Imes earlier in 2012, to supply cameras and lights for a Riser Visual Inspection System, which has been used on BP Norge’s Skarv development project in the Norwegian Sea. The contract f
Wärtsilä, the marine industry’s leading solutions and services provider, has signed a contract for the design of a new diving support vessel (DSV) to be built for Subsea 7, the seabed-to-surface engineering, construction, and services contractor to the offshore energy industry. The brand new VS 4725
Nexus Energy Limited (Nexus) advises it has provided to Shell Development (Australia) Pty Ltd (Shell) an Option Notice that will result in the disposal of 2% of Nexus’ 17% participating interest in the Crux AC/L9 development project in the East Browse Basin, off the coast of North West Australia for
Icon Energy announced that Icon and Shantou SinoEnergy of China, have agreed to extend the completion date for conditions precedent in the Gas Sales Agreement signed by both parties in March 2011. The new date for completion of “Conditions Precedent” as detailed below is, on or before 30 June 2014.
Scana Industrier ASA has through its subsidiary Scana Subsea, been awarded contract to deliver machined riser forgings to none disclosed customer. The riser systems are intended for North Sea and Australia operations. The initial contract value is 27 MSEK. However, the contract contains additional o
Chatham Rock Phosphate (CRP) advises that it has agreed with Boskalis to proceed to phase two of its services contract. This phase involves the final detailed design of a system for extracting rock phosphate nodules. This phase is a commitment that is estimated to cost around €4 million and is sched
Kongsberg Maritime announced that FUGRO Survey Ltd. has ordered the latest generation of HUGIN AUVs to augment their existing fleet of survey vehicles. The new HUGIN 1000 AUV has depth rating of 3000 metres and includes Lithium Polymer batteries. The batteries are packaged into modules, which are st
International equipment specialist ATR has won a major contract with Apache Corp to deliver technology for on and offshore operations in the UKCS North Sea, worth an initial £2.25m. ATR, the Aberdeen-headquartered oilfield service provider, will supply portable lifting equipment and rigging lofts to
Encana Corporation, a leading North American natural gas producer, and Ferus LNG, a North American leader in LNG fuelling solutions, announced plans to build a 190,000 litre per day liquefied natural gas (LNG) production facility near Grande Prairie, Alberta. The facility is strategically located in
Alfa Laval, a world leader in heat transfer, centrifugal separation and fluid handling, said it has won an order to supply compact heat exchangers to an LNG plant in Australia. The order is worth approximately SEK 50 million and delivery is scheduled to take place in 2013 and 2014. The Alfa Laval co
Ratos and the Sixth AP Fund together with the Norwegian industrial and financial group Ferd, have signed an agreement to acquire all the shares in Aibel, a leading Norwegian supplier of services related to oil, gas and renewable energy. The purchase price (enterprise value) amounts to approximately
INPEX CORPORATION (INPEX) announces that the INPEX-led Ichthys LNG Project has finalized arrangements for US$20 billion in project finance loans including those with eight export credit agencies (ECAs) and 24 commercial banks (ECAs and commercial banks are referred to as “Lenders”). The Ichthys proj
Technip was awarded by the Discovery System a lump sum pipeline installation contract for Discovery’s South Timbalier Block 283 Junction Platform project. The pipelines will be installed between existing facilities in South Timbalier 280 and Ewing Bank 873 and the new platform in Block 283, at water
Cheniere Energy Partners said that its subsidiary, Sabine Pass Liquefaction, has entered into a liquefied natural gas (LNG) sale and purchase agreement (SPA) with Total Gas & Power North America under which Total has agreed to purchase 91,250,000 MMBtu of LNG annually plus 13,500,000 MMBTU of season
