Norwegian-based liquefied natural gas (LNG) transportation and services company Höegh has been appointed as the contractor to construct the Belawan floating storage and regasification unit (FSRU) in North Sumatra, which is owned by state gas distributor PT PGN. Deputy Energy and Mineral Resources Mi
The Board of Mediterranean Oil & Gas Plc , the central Mediterranean focused producer, developer and explorer of oil and gas assets, announces that it has entered into a short term secured loan with affiliates of certain of substantial shareholders, namely affiliated investment funds of Och-Ziff Cap
Kreuz Holdings Limited , a subsea service provider for the oil and gas industry, announced that the Group has secured its fifth set of contract wins worth approximately US$57.5 million from the Swiber Group. The value of this set of contract wins is made up exclusively from subsea work components fo
PAS, a supplier of human reliability software and services to the power and processing industries worldwide, announced that Qatargas, the world’s largest liquefied natural gas (LNG) producer, has chosen PAS’ PlantState Suite alarm management software and engineering services for an improvement proje
On November 7th, the N-Sea Group BV and Subcom BV have signed a Letter of Intent in relation to the acquisition of Subcom BV by the N-Sea Group BV. Both parties seek to complete this mutually beneficial transaction by the end of this week. As of January 2012 Subcom BV will be integrated into the [&h
WA Commerce Minister Simon O’Brien today congratulated a Western Australian-based construction company for securing a $50 million general services contract for the Chevron-operated Gorgon Project. “Ertech winning this contract is a strong indication that WA-based suppliers have the skills and capabi
Australia Pacific LNG has awarded Brisbane based pipe systems manufacturer Vinidex Pty Ltd a multi-million dollar contract to supply the high-density polyethylene plastic pipe (HDPE) requirement for its CSG to LNG project. As part of the contract, Vinidex will supply more than 3200km of HDPE interco
Hornbeck Offshore Services, Inc. announced that its Board of Directors has approved a new vessel construction program for its wholly-owned subsidiary, Hornbeck Offshore Services, LLC. The Company plans to build sixteen U.S.-flagged 300 class DP-2 new generation offshore supply vessels (“OSV”) for it
The following operational update relates to Cairn’s current five well exploration drilling campaign offshore Greenland. Operations will continue to the end of November to allow activities on the last two wells in the Atammik block to complete. AT7-1 Well: Atammik Block, South Ungava Area The Leiv Ei
Scana Industrier ASA has through its subsidiary Scana Subsea Products AB, won a new order for production riser systems to a non-disclosed customer intended for a field development project in the North Sea. Initial value of the order is 18 MSEK with additional options of approx 10 MSEK. Production wi
Hamworthy, a world leader in the design and manufacture of innovative marine and offshore fluid handling systems, announced that it has secured contracts worth approximately £40 million for the supply of Liquid Natural Gas (LNG) regasification and Liquid Petroleum Gas (LPG) cargo handling systems wi
AC drives manufacturer Vacon will deliver liquid-cooled AC drives with a total power of 2.7 MW for active heave-compensated winches onboard a Norwegian-built IMR ship. The delivery will take place in March 2012. Vacon and Norwegian winch manufacturer AXTech signed a contract for 17 liquid-cooled 690
Nexans, a worldwide leading expert in the cable industry, has been awarded a contract by Chevron U.S.A. Inc. to design, manufacture and supply a total of 138,000 feet (42km) of power umbilicals and terminations for the Jack and St. Malo fields in the Deepwater Gulf of Mexico. The umbilicals shall be
Kentz Corporation Limited, the holding company of the Kentz Engineering and Construction Group, confirmed that it has entered into a contract with the CBI Clough joint venture to execute the electrical and instrumentation, construction and commissioning completions contract for the Papua New Guinea
