Sumitomo Corporation and J-Power Systems Corporation have won a joint contract to install submarine power cables between the main island of Taiwan and the Penghu Islands, located about 60 km west off the southwestern coast of the main island. This is a full turnkey project worth about 32 billion yen
Repsol and US oil company SandRidge Energy have reached an agreement for Repsol to buy approximately 1,500 km2 (363,636 net acres) of the Mississippi Lime play, an area rich in gas and light oil. Repsol will invest $1 billion and will incorporate reserves and production from 2012. Repsol will partic
STX OSV Holdings Limited, one of the major global designers and shipbuilders of offshore and specialized vessels, announced that it has secured a new contract for the construction of a Forage Carrier for Eidsvaag AS. The contract value is approximately NOK 200 million. The LNG powered vessel will be
Eni signed three agreements in Luanda to further strengthen its cooperation with the Angolan national oil company, Sonangol. Through the agreements signed by Sonangol Chairman Manuel Vicente and by Eni E&P COO Claudio Descalzi, the two companies have established the framework for the development of
DOF Subsea announces award of several new contracts as following: contract with Subsea 7, contract for the Skandi Inspector, LOI with major North Sea operator and Purchase of newbuilding contract. Contract with Subsea 7 for one DOF Installer class vessel DOF Subsea Chartering AS, a subsidiary of DOF
Encode Software Solutions, a Microsoft software consultancy with offices in Aberdeen and Glasgow, has secured £180,000 worth of contracts with EnerMech, the international provider of mechanical services solutions to the energy services sector. The firm also achieved a first year turnover of £767,000
Subsea well intervention specialist Helix Well Ops UK (Well Ops), a business unit of international energy services company Helix Energy Solutions Group (Helix ESG), has been awarded a multi-service contract by Talisman Energy (UK) Limited. The contract will see the Aberdeen-based firm carry out a nu
Forge Group Limited announced that its wholly owned subsidiary Cimeco Pty Ltd has entered an agreement with Chicago Bridge and Iron (CB&I ), one of the world’s leading engineering, procurement and construction companies, to provide civil and concrete services for the early stages of the Australia Pa
Aker Solutions has signed a letter of intent with Det norske oljeselskap to conduct a front-end engineering and design (FEED) study for Draupne. This is the first major contract Aker Solutions´ London office is awarded in the competitive market. The London office is currently working on a pre-FEED s
Oceaneering International, Inc. announced that it has secured a three-year Field Support Vessel Services contract from BP p.l.c. . Oceaneering will provide project management, engineering, and vessel services offshore Angola on Blocks 18 and 31, commencing February 1, 2012. The contract provides for
Mitsubishi Corporation (MC) announced that MC has invited Korea Gas Corporation (KOGAS), Korea’s largest national gas company as a partner in the Senoro-Toili natural gas field located in Central Sulawesi Province, Indonesia, by transferring 49% of MC’s shares in London-based subsidiary Tomori E&P L
John Holland has secured another key contract with Bechtel Australia Pty Ltd on the Chevron-operated Wheatstone Project near Onslow on Western Australia’s Pilbara coast. With an approximate contract value of $240 million, John Holland will design and construct a package of 12 permanent buildings ess
DeepOcean Group Holding AS, an integrated provider of subsea engineering and trenching services, announced a new long-term charter agreement with REM Ship AS for the multi-purpose offshore construction vessel Rem Forza. This new vessel represents an important step in DeepOcean Group’s strategy to st
Wärtsilä, the marine industry’s leading solutions provider, is to supply the design and propulsors/positioning system for a series of two new flexible pipe laying vessels (PLVs) for advanced operations. The vessels are to be built at the Daewoo Shipbuilding & Marine Engineering (DSME) shipyard in th
