Mechanical engineering company, EnerMech, has been awarded a valves management project by McDermott Arabia Company Limited (MACL) in support of its work on behalf of Khafji Joint Operations (KJO). EnerMech will supply all valve requirements for MACL as it undertakes the engineering, procurement, fab
DNV has, as part of a strategic partnership with StormGeo, acquired the right to purchase 22,7 % of StormGeo’s shares through a mutually convertible capital issue. The core focus of StormGeo will remain within the fields of oil exploration, renewable energy as well as shipping, media and aviation. F
Statoil and Rosneft signed a cooperation agreement. The companies have agreed to jointly explore offshore frontier areas of Russia and Norway and to conduct joint technical studies on two onshore Russian assets. The agreement also envisages Rosneft’s acquisition of participating interests in selecte
ContiTech has achieved another milestone: Its Fluid Technology Oil & Marine segment has been commissioned by the Canadian company Nautilus Minerals Inc. to take part in the world’s first deep-sea mineral resource project, the company announced in Hanover. The undertaking will see natural resources e
Plexus Holdings PLC, the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP® friction-grip method of wellhead engineering, announces a new order worth £1.3 million from BG International Ltd (‘BG International’), a wholly owned subsidiary of BG Group plc, to su
Aker Solutions has been awarded a contract by Total E&P Angola, to deliver seven new subsea tree systems to the Dalia field located offshore Angola. Contract value is approximately NOK 470 million. Scope of work includes seven production subsea trees, seven wellhead systems and seven well jumper sys
Superior Energy Services of Houston, Texas, took delivery of one of the most advanced maritime training simulators ever developed, in April 2012. The next-generation simulator from Kongsberg Maritime will be used to provide integrated, real-time training for Superior’s offshore marine personnel at i
Nautronix have been awarded a three year contract by the Norwegian SURF contractor, Ocean Installer AS, for the supply of survey services to support their offshore construction activities. The contract includes the provision of onshore and offshore survey services in support of tendering and project
Prysmian Group, world leader in the energy and telecom cable systems industry, has been awarded a contract by the Vietnamese utility EVNSPC (Southern Power Corporation under Vietnam Electricity) worth a total of Euro 67 million for the design, supply, installation, and commissioning of a submarine p
Ocean Installer announces contract award from ExxonMobil Exploration & Production Norway AS (EEPNAS) for survey and intervention work at the Balder field. The work awarded from EEPNAS for the Balder field is inspection and maintenance of the subsea control system. The work is planned to be performed
BG Group today announced it has signed a memorandum of understanding (MoU) with Cosan S.A. Indústria e Comércio (Cosan) for the sale of its 60.1% holding in Comgás, Brazil’s largest gas distribution company, for approximately $1.8 billion (R$3.4 billion). Subject to partner consent, BG Group and Cos
OOO LUKOIL-Nizhnevolzhskneft (a wholly-owned LUKOIL subsidiary) and Saipem SPA (Italy) signed a contract to construct subsea pipelines to transport oil and gas from the Northern Caspian fields. The contract calls for the laying of two pipelines on the seabed to connect the riser block located at the
Sempra Energy subsidiary Cameron LNG today announced it has signed a third and final commercial development agreement with a subsidiary of GDF SUEZ to develop the remaining liquefaction train planned at the site of the Cameron LNG terminal in Hackberry, La. With this agreement of 4 million tonnes pe
Dolphin has exercised the option and signed a long term time-charter on the 3D seismic vessel Sanco Sword from Sanco Shipping AS, for an initial 5 year firm period with options to extend for additional 3 times 2 years. The Vessel is the second purpose built high capacity 3D seismic vessel to be deli