Wärtsilä, the marine industry’s leading solutions and services provider, has been awarded another contract to supply a complete liquefied natural gas (LNG) package, including the propulsion, auxiliaries and controls, for a new offshore support vessel designed by STX Marine. The ship has been ordered
After taking part in a competitive tender process, CARIS announced that it has been awarded the PLECO Project with the Norwegian Hydrographic Service (NHS). The NHS, a division of the Norwegian Mapping Authority, is responsible for surveying the Norwegian coast, including polar waters, and for produ
The Gazprom headquarters hosted a working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Zhou Jiping, President of China National Petroleum Corporation (CNPC). The parties addressed the current status of the bilateral cooperation in the energy sector placing an empha
Subsea 7, a global leader in seabed-to-surface engineering, construction and services to the offshore energy industry, has been awarded a BP project, worth approximately $30 million, under the SCIRM Frame Agreement Contract to support the redevelopment of the Schiehallion Field, west of Shetland. Th
MEO Australia Limited provides the following update in relation to Sainampueng-1 being drilled in the Gulf of Thailand G2/48 Concession by Pearl Oil Offshore Limited. Since the last report Sainampueng-1 was drilled from 2,237mMDRT to 2,323mMDRT when the well suffered a significant loss of mud circul
MEO Australia Limited provides the following update in relation to Heron South-1 being drilled in NT/P68, operated by Eni Australia Ltd (Eni). Since the last report the second of the two planned production test programs has been run. Drill Stem Test (DST) #2 flowed gas to surface. Gas composition an
ABB, the leading power and automation technology group, has won a contract worth $ 170 million from Subsea 7, to build a power link between a new oil and gas field being developed by Total E&P Norge AS in the North Sea and the Norwegian power grid. The Martin Linge (formerly known as Hild) field [&h
Mediterranean Oil & Gas Plc announces that the Government of Malta has granted a one year extension of the first exploration phase of the Production Sharing Contract (“PSC”) for Malta Offshore Area 4 (“Area 4”) to January 2014. The Area 4 PSC licence is currently owned 100% by MOG through its wholly
MEO Australia Limited provides the following update in relation to Gurame SE-1XST being drilled in the Seruway PSC, offshore North Sumatra, Indonesia, in which MEO holds a 100% interest. Since the last report wireline logging operations have been completed. The significant difficulties in stabilizin
Alcatel-Lucent and Main One Cable Company Limited, have renewed their marine maintenance contract for Main One’s submarine cable system connecting Portugal to Nigeria over 7,000 km and contributing to enhance overall African and international connectivity. Delivering high-speed bandwidth of 1.92 Tbi
MAN Diesel & Turbo of Germany has confirmed the first order for its low-speed, dual-fuel ME-GI engine. American shipping company, TOTE, has signed a contract with its compatriot shipyard NASSCO in San Diego for the construction of two new state-of-the-art containerships with an option for three more
Jumbo has been awarded a FPSO mooring, installation and hook-up contract by EnQuest. EnQuest is redeveloping the Ardmore and Duncan fields as Alma and Galia respectively. The project scope is the mooring spread installation and FPSO tow out and hook up. This will be the first offshore project in whi
EXMAR has signed an agreement with the IFC (the WorldBank Group) and China EXPORT-IMPORT Bank for a financing facility of up to USD 280 million for its liquefaction barge to be built at Wison Heavy Industries and chartered to Pacific Rubiales Energy (PRE). EXMAR has been co-developing with PRE a 72
Technip was awarded by BG International Ltd (BG) a lump sum engineering, procurement, commissioning and installation (EPCI) contract for the development of the Starfish field. Located in the East Coast Marine Area, offshore Trinidad, the field lies at a water depth of approximately 130 meters and wi
