Subsea 7 S.A. announced today the award of a SURF contract valued at approximately $185 million from Elf Exploration UK Limited on the West Franklin Field in the Central Graben area of the North Sea. The contract scope includes engineering, procurement, fabrication, installation and commissioning of
IKM Group have entered into an agreement to acquire a majority shareholding in Cleandrill AS, which will be re-named IKM Cleandrill. Bergen based Cleandrill is a subsea technology business, specialising in collection, management and transfer of drilling fluids and cuttings. This acquisition forms pa
NTT Communications Corporation (NTT Com) announced that it joined numerous other telecommunications carriers in Asia in signing a contract for the construction and maintenance of the Asia Pacific Gateway (APG), an undersea cable network that is scheduled to launch by June 2014 with a total design ca
STX Finland Oy and the Finnish Border Guard signed an agreement on construction of a next generation offshore patrol vessel. The vessel will be built at the STX Rauma shipyard and delivered to the customer in November 2013. The highly advanced vessel will be 96 metres long and 17 metres wide and wil
Rapp Hydema and Triplex have just been awarded a massive deck machinery contract for Australia’s Commonwealth Scientific and Research Organization (CSIRO). CSIRO selected Teekay Holdings Australia and Sembawang Shipyard Pte Ltd to carry out the design, build and commissioning of the vessel. Sembawan
Wood Group Kenny has been awarded a contract to carry out the front end engineering and design (FEED) for the subsea development of Equus, Hess Exploration Australia’s first deepwater gas project in offshore Western Australia. The Equus project development consists of natural gas and condensate gas
Wood Group Kenny has been awarded a contract to carry out the front end engineering and design (FEED) for the subsea development of Equus, Hess Exploration Australia’s first deepwater gas project in offshore Western Australia. The Equus project development consists of natural gas and condensate gas
GDF SUEZ and CIC have closed the acquisition by CIC of a 30% minority stake in GDF SUEZ Exploration & Production International SA and of a 10% stake in the train 1 of the Atlantic LNG liquefaction plant in Trinidad and Tobago. This transaction is the first milestone of the partnership between the tw
Alexey Miller, Chairman of the Company’s Management Committee and Peter Loescher, President and Chief Executive Officer of Siemens signed a Strategic Partnership Agreement at the Gazprom headquarters. The document envisages further development and strengthening of the strategic partnership and coope
Jan De Nul Group has been awarded a project for the design, the construction and the installation of 16 concrete foundations for an offshore wind farm in the Swedish part of the Baltic Sea, by order of E.ON (Sweden). Jan De Nul Group already started the design of the foundations of the 3MW wind turb
Nexans, a worldwide leading expert in the cable industry, has been awarded a turnkey contract worth in excess of 90 million euros by REE (Red Eléctrica de España), the operator of the Spanish power system and the owner of the power transmission grid, to create a new 115 km high-voltage (HV) submarin
Sinopec announced that on 19 December 2011, the Company’s wholly-owned subsidiary, Kantons Investment, entered into the JV Agreement with CS LNG, a wholly-owned subsidiary of China Shipping Development. The parties have agreed to form the JV in Hong Kong in connection with the expected transportatio
Mitsui O.S.K. Lines, Ltd. today said that the company was selected to transport liquefied natural gas (LNG) to a floating storage and regasification unit (FSRU) operated by PT Nusantara Regas off Jakarta. The project marks Indonesia’s first domestic transport of LNG. It will ship up to 3 million ton
NEC Corporation announced the signing of a multi-million dollar supply contract with the global consortium of communications companies, including NTT Communications, KT, Chunghwa Telecom, and others, to construct the Asia Pacific Gateway (APG) system, a high-bandwidth optical submarine cable system
