The Board of Directors of COSCO Corporation (Singapore) Limited (the “Company”) announce that COSCO Nantong Shipyard Co. Ltd., a subsidiary of the Company’s 51% owned subsidiary, COSCO Shipyard Group Co. Ltd., has secured a contract valued over USD370 million from a European company to build one (1)
MODEC, Inc. announces the award of a Tower Yoke Mooring System by Höegh LNG to subsidiary, SOFEC Inc. The Tower Yoke will provide a permanent mooring for the FSRU, 20 km offshore, south east Sumatra, in a water depth of 23 meters. The system includes a Swivel Stack assembly and riser piping to expor
Dana Petroleum, on behalf of the Western Isles license partners, has signed two agreements with Sevan Marine for the application of a Sevan FPSO for the development of the Western Isles project: A Technology License Agreement granting rights to use Sevan Marine’s patented technology for the cylindri
Oceanteam Shipping ASA has concluded a bareboat charter agreement with a subsidiary of McDermott for CSV North Ocean 102. The CSV North Ocean 102 bareboat charter has a firm period lasting until 1 August 2015, plus 2 x 1 year options. Oceanteam Shipping ASA owns 50 % of CSV North Ocean 102. The agre
P/F Atlantic Petroleum (“Atlantic”) announces that it, through its fully owned subsidiary Volantis Exploration Limited, has entered into a definitive agreement to acquire a 25% non-operated working interest from Iona Energy Company (UK) Limited (“Iona”) in the Orlando and Kells fields. Atlantic Petr
Marubeni Corporation and Mitsubishi Heavy Industries have jointly signed a Contract for rehabilitation work on a gas turbine combined cycle (GTCC) power generation station in Auraiya, in India’s Uttar Pradesh state, from NTPC Limited, the country’s largest state-owned power company. The power plant
STX France SA has received an order to build one offshore substation due for delivery in 2014 for a wind farm in Northern Europe. STX France will perform the detail design and deliver the substation topside module, the jacket foundation and the piles. The contract will represent around 150 000 man-h
Kawasaki Heavy Industries announced that it has completed the delivery of two Kawasaki Green Gas Engines for the first LNG terminal in Singapore. The two Kawasaki Green Gas Engines feature an electrical output of 7,800 kW and the world’s highest electrical efficiency of 49.0%. Kawasaki received the
QGC, operator of the Queensland Curtis LNG Project, has awarded earthmoving contracts totalling more than A$279 million to five Surat Basin businesses, creating up to 200 new jobs. The successful contractors include Bruhl Roadworks and Earthmoving of Tara, Mike Jones Earthmoving of Wandoan, Ostwald
Dolphin have been awarded several contracts for the upcoming North Sea season. The awards are for both 3D and 4D seismic services and will involve three of Dolphin’s 3D seismic vessels with a total duration in the range of 8-12 months. Dolphin will revert with further contract details when they pres
FMC Technologies, Inc. announced that it has signed an agreement with PT Rajawali Swiber Cakrawala (PTRSC) for the manufacture and supply of subsea controls for the South Belut field development. The order has an estimated value of $40 million in revenue. The field is located in the South Natuna Sea
Teekay LNG Partners said that it has entered into an agreement with Daewoo Shipbuilding & Marine Engineering (DSME) of South Korea for the construction of two 173,400 cubic meter Liquefied Natural Gas (LNG) carrier newbuildings, with options to order up to three additional vessels. The Partnership i
Skangass has taken yet another important step into the marine market after winning the contract to supply LNG to Fjord Line. Two new cruise ferries are to be supplied with a total of 30,000 tonnes of LNG per year. The contract will also have positive indirect effects for Risavika Harbour. With the g
Reef Subsea announced today that one of its Norwegian subsidiaries, Reef Subsea Norway, has been awarded a major contract by Statoil for the full seismic system installation of the Grane field offshore Norway. The contract – worth over 200MNOK (over £22M) – will see all capabilities of the Reef Subs