GAZ-SYSTEM of Poland said it has signed a declaration for cooperation with the Croatian gas transmission system operator Plinacro in the scope of support for the development of the gas market in Central and Eastern Europe. The purpose of the agreement is the establishment of cooperation between the
Alcatel-Lucent is to enhance operations and ensure worker safety at a new LNG processing plant in Australia being constructed by leading global engineering, construction and project management company, Bechtel. An advanced communication system will provide surveillance and secure access capabilities
BP announced today that it has agreed to sell its 18.36 per cent non-operated interest in the Draugen field in the Norwegian Sea to AS Norske Shell for $240 million in cash. The agreement is a further example of BP’s active management of its portfolio in the North Sea, focusing investment on high va
Star Information Systems (SIS) announced that it has signed an agreement with StormGeo that will see both companies work together to develop a range of innovative software solutions for the offshore and shipping industries. At the same time StormGeo has taken a 15 percent stake in SIS – with an opti
Engineering and project services company Clough Limited today announced the award of a contract valued at approximately US$60M with Pearl Oil (Amata) Limited, a Mubadala Petroleum affiliate. The contract work will be executed in consortium with TL Offshore SDN Berhad, an installation and transportat
The consortium among four companies (MITC Consortium) consisting of MODEC Inc, IHI Corporation, Toyo Engineering Corporation and CB&I Nederland B.V. announced that MITC consortium has been awarded a contract from Malaysian state-operated oil company, Petroliam Nasional Berhad for the Front End Engin
Royal Boskalis Westminster N.V. (Boskalis) announces that its associated company Smit Lamnalco has been awarded a significant annual contract by Petrofac to support Single Point Mooring operations 20 km off the Al Fao Peninsula for the Iraq Crude Oil Export Expansion Project (ICOEEP). The annual con
The Department of Land and Natural Resources (DLNR) and the U.S. Army Corps of Engineers, Honolulu District (Corps) signed a $3 million cost-share agreement today to develop a watershed plan to support the West Maui “Ridge to Reef” Initiative. The Initiative is one of the first efforts in the state
Stork Technical Services Subsea today announces it will create 10 new positions and invest £2million in its vessel fleet after securing a raft of new contracts. The contract awards, which total more than £10 million, will see Stork Subsea deliver a range of IRM (integrated inspection, repair and mai
JGC Corporation said today that, as leader of a consortium with Samsung Heavy Industries (SHI), it has received a contract from PETRONAS, Malaysia’s state-owned oil company, for the FEED (Front-End Engineering and Design) work for a floating LNG project off the Malaysian coast. The contract calls fo
Cheniere Energy Partners said that its subsidiary, Sabine Pass Liquefaction, has entered into a partial assignment agreement and related agreements with Total Gas & Power North America, whereby Sabine Liquefaction would progressively gain access to Total’s send-out capacity and other services provid
Gardline Geosciences Limited, specialists in the offshore geotechnical and geophysical market, and Canyon Offshore Ltd, specialists in subsea robotics, trenching and seabed intervention, announce a 3-year strategic alliance to provide seabed drilling, sampling and in-situ services to complement Gard
Hudong-Zhonghua Shipbuilding of China, a unit of CSSC Group, has won a contract to build up to six LNG tankers from Sinopec and China Shipping Group, according to several media reports. Hudong-Zhonghua will build four 174,000 cbm tankers with an option for a further two. The vessels will be used to
Royal Dutch Shell plc announced it has agreed to sell its 50% working interest in the Holstein Field, comprised of Green Canyon Blocks 644, 645 and 688 in the Gulf of Mexico, to Plains Exploration & Production (PXP) for approximately $560 million, subject to closing. Shell received an unsolicited of
