Odfjell Drilling has on behalf of Deep Sea Metro Ltd. secured a contract with the BG Group for its first drillship; the Deepsea Metro I. The contract with BG Group has a firm duration of 365 days with 3×6 months options and a contract value of approximately 175 million USD including mobilization and
L&N (Scotland) has been awarded two contracts worth in excess of £1.2 million by GE VetcoGray. The Aberdeen-based engineering and fabrication company will manufacture and supply 110 subsea control products to be deployed on various North Sea subsea projects. The award reinforces L&N’s decision to fo
Deep Sea Supply announces that we have been awarded time charter contracts for the AHTS vessels “Sea Jaguar”, “Sea Cheetah”, “Sea Ocelot” and “Sea Hawk 1” with Gazflot for operations in the Sakhalin area. The duration of the contracts are 6 – 7 months. The vessel “Sea Hawk 1” is time chartered from
Edison sold to ExxonMobil Italiana Gas Srl and Qatar Terminal Ltd a 2.703% stake in Terminale GNL Adriatico Srl by exercising a Tag Along option. The disposal price is 78.2 million euro and the deal will generate a capital gain of 5.1 million euros. As a consequence, the resulting Edison stake in Te
The EGL Group and the Demirören Group have established two joint ventures in Turkey. The objective of the two reorganised companies is to expand presence in the Turkish electricity and natural gas markets. The two energy sectors offer highly attractive development opportunities. The two former compa
Oil and gas commissioning and technology specialist qedi, part of AMEC, the international engineering and project management company, has underpinned its position in the Australian market by being awarded a key contract on a high-profile coal seam gas storage project. QGC, a BG Group business, has a
Schilling Robotics, LLC, experts in subsea systems, announced the award of a contract for two ROV systems from specialist subsea service company DOF Subsea. The award is for one (1) 200hp UHD™ ROV system and one (1) 150hp HD™ ROV system. Deliveries of the ROVs are scheduled to commence in the third
The Gazprom headquarters hosted a working meeting between Alexander Ananenkov (image), Deputy Chairman of the Company’s Management Committee and Yoshio Matsukawa, President and CEO of Japan Far East Gas Co., Ltd (Japan). The parties signed the Agreement on the joint feasibility study for deployment
FMC Technologies, Inc. announced that it has signed an agreement with Hibernia Management and Development Company Ltd. (HMDC) to manufacture and supply subsea systems for the Hibernia Southern Extension Project. The Hibernia Southern Extension Project is an expansion of the Hibernia field, located o
EGL signed a memorandum of understanding in Ankara with Botas, a Turkish stated-owned enterprise with activities in the area of oil and natural gas transport, as well as gas trading. Among other things, the agreement sets down the framework conditions for the planned transport of natural gas through
Kreuz Holdings Limited, a subsea service provider for the oil and gas industry, has signed Letters of Intent for subsea installation contracts worth approximately US$4.8 million with a leading offshore company in the oil and gas business located in East Asia. Work is expected to commence in Q2 2011
Topaz Energy and Marine , an oilfield services group, has secured a two vessel contract offshore Nigeria for the duration of 2011. The award… (ameinfo) [mappress] Source: ameinfo, April 25, 2011;
Ince & Co advised long standing client Golar LNG Energy (Golar LNG) on the successful completion of an 11-year time charter party (TCP) for the provision of a Floating Storage and Regasification Unit (FSRU) and associated mooring to PT Nusantara Regas, a joint venture between Indonesian energy compa
Jurong Shipyard, a wholly-owned subsidiary of Sembcorp Marine, has secured an approximately S$20 million contract from Golar LNG Energy to convert the LNG Khannur, a Liquefied Natural Gas (LNG) tanker, to a Floating Storage and Regasification Unit (FSRU) to be renamed West Java FSRU. The 125,000-cbm
