PETRONAS of Malaysia, which is embarking on a new production train project at its PETRONAS LNG Complex in Bintulu, said it has awarded the contract for the Front End Engineering Design (FEED) for the project to JGC Corporation and to a partnership of Chiyoda Corporation and Saipem S.p.A. The contrac
Genesis was awarded an Enterprise Framework Agreement by Shell Global Solutions International B.V., covering Subsea Umbilical Risers and Flowlines (SURF), Engineering and Project Management Services. The contract duration is 5 years, with the option to extend for an additional 5 years and will cover
3M and Chesapeake Energy Corporation announced an agreement to collaborate in designing, manufacturing and marketing a broad portfolio of compressed natural gas (CNG) tanks for use in all sectors of the United States transportation market. Currently the fuel tank on a CNG vehicle is its most expensi
Talisman Energy Inc and Mitsubishi Corporation (MC) said that they have reached agreement on MC’s entry into nine of Talisman’s licences in Papua New Guinea’s onshore Western Province, via a farmout from Talisman. The deal is valued at approximately US$280 million and will be paid in the form of a c
TAP has been selected by Shah Deniz as the pipeline route to Italy. “We will now enter into exclusive negotiations with them on progressing the project. We look forward to progressing the TAP project together with the Shah Deniz Consortium and the Italian, Albanian and Greek Governments” the offical
BAE Systems said it has been awarded the contract by Daewoo Shipbuilding and Marine Engineering (DSME) for the telecommunications integration package associated with the Wheatstone Project’s offshore gas processing platform. The contract is forecast to include 59% Australian content and is expected
Shell Exploration & Production said it has made an offer of £992.4 million ($1.6 billion) for UK-based Cove Energy. The offer follows the decision announced by Cove in January to conduct a formal sale process for the company. Cove has an 8.5 percent stake in the Rovuma Offshore Area 1, in Mozambique
Swire Pacific Offshore Operations (Pte) Limited (SPO) announced the acquisition of Seabed AS, based in Bergen, Norway. Seabed AS was founded in 2008 by Mr Hans Martin Gravdal, who has more than 30 years of experience within a wide range of subsea operations. Mr Gravdal and his experienced team will
In connection with the development of the world’s first seabed gas compression facility on the Åsgard field, Technip Norway has been awarded the contract for the marine operations of the project. The contract is valued at NOK 1,2 billion. Åsgard seabed gas compression is expected to increase recover
Demands placed on underwater connectors have increased as underwater technology projects combine increasing numbers of sensors and each sensor requires multiple connections. Often connectors need to combine power and signal – power to supply the sensors and signals for information. SubConn Inc. has
Navcon Navegacao e Controle Ltda, a Brazilian specialist in monitoring systems for the offshore oil and gas industry, entered into a formal partnership with BMT Scientific Marine Services Ltda. The company has an advanced R&D background and widespread experience of working offshore Brazil. Navcon’s
French supermajor Total revealed that first oil from its Usan field located in OML 138 offshore Nigeria would start flowing in March, according to Reuters. Reuters quoted Total Nigeria Upstream manager as saying: “We are about to start. It will be before the end of the first quarter”. On February 10
Viking Line Abp has signed an agreement with AGA Gas AB on supplying liquefied natural gas (LNG) for Viking Line’s new passenger ferry, whose environmental profile symbolizes a new era in the shipping industry. “Viking Line’s and AGA’s investment in LNG represents major environmental advantages comp
Bank of London and The Middle East plc (BLME), the largest Islamic bank in Europe, has announced that it signed a £14 million leasing deal with Global Marine Systems Ltd., the largest independent provider of submarine cable installation, maintenance and engineering services worldwide. Under the term
