Norway-based Odfjell SE signed shipbuilding contracts with Nantong Sinopacific Offshore & Engineering Co., Ltd., of China, for construction of four 17,000 cbm capacity LPG/Ethylene gas tankers. Odfjell also secured various options for delivery of up to four additional tankers…
Rosneft and ExxonMobil have selected CB&I UK and Foster Wheeler Energy as the initial phase front end engineering and design (FEED) contractors for the two oil giants’ Russia Far East liquefied natural gas (LNG) project. The contractor selection process began back in August…
Rio de Janeiro-based AMEC Kromav, specialist company for shipbuilding and offshore activities, is urging the Russian industry to take full advantage of Brazil’s multi-billion dollar offshore industry opportunities. In a comprehensive presentation at NEVA in St Petersburg…
UK-based Europa Oil & Gas and Kosmos Energy Ireland are shooting a 3D seismic acquisition program in the South Porcupine basin, offshore Ireland, using the M/V Polarcus Amani. Acquistion and processing will be complete by the end of 1Q 2014…
Chevron Technology Ventures (CTV) announced today that it has launched its CTV Fund V, a US$90 million venture capital fund to invest in early- to mid-stage companies and in limited partnership funds. Investments from CTV Fund V will…
German operator RWE Dea UK has agreed a five year, £40 million, contract with engineering and operations support services contractor Offshore Design Engineering (ODE) to support its southern North Sea fields. ODE has already been working for RWE…
Lifting, drilling and subsea solutions firm Huisman has received its first order for a new production facility in Brazil. Huisman is to provide three sets of five cranes, manufacturing of which will start in 2014, when construction of the Brazilian production facility is completed…
Synthetic rope manufacturer Bexco has invested in a new test bench facility capable of automated testing 25m lengths of rope for one week or longer, with remote electronic data interchange and on-site certification of made-to measure rope solutions…
Maersk Drilling has ordered potentially up to three new ultra harsh environment jack-up rigs, underpinned by a five year contract with BP for plugging and abandonment work on the Norwegian North Sea Valhall field. The first new rig, an XL Enhanced 4…
Falkland Oil and Gas (FOGL) has said it is moving closer to securing a rig for a 2014 drilling campaign in the remote Falklands region. The firm, focused on areas to the south and east of the Falkland Islands, said a rig enquiry had been issued and available units identified…
Singapore-based YHM Group has said it has won a contract worth about US$183 million over a three-year period to provide a semi- submersible rig. The rig is to be used by a south east Asia-based national oil company to support oil and gas activities in the Andaman Sea…
Sandvik Venture has acquired the German company TechnoPartner Samtronic (TPS), a manufacturer of scattering machines and double belt presses. The company’s core capabilities are reinforced Teflon belt-based double belt press machines…
Thalassa has agreed a deal to buy Go Science for £3.6 million from administrators. Go Science, which employs six people, provides mobile sensor grid services and products, in the UK and overseas, to the oil and gas, defense and homeland security sectors…
Ithaca Energy has agreed string of farm-out deals on a number of UK North Sea assets. Newly formed private-equity backed Oyster Petroleum is to take a 9% working interest in west of Shetland licences containing the Handcross prospect…
Noreco has said an end could be in sight to some of its production problems across UK, Norwegian and Danish North Sea sector assets. The firm’s Huntington and Oselvar fields were both shut-in during parts of August. At the E.ON E&P-operated UK North Sea Huntington field…
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