GE Oil & Gas acquired Lufkin Industries in a deal valued at US$3.3billion. Lufkin manufactures and services artificial lift equipment through more than 110 service centers and nine manufacturing facilities. GE says automation is an integral…
Polarcus Ltd. announce that the company has entered into a three-year agreement with ION Geophysical Corp. to jointly develop, execute, and market 3D marine multi-client projects to E&P companies worldwide. The agreement combines Polarcus'…
Bumi Armada Caspian LLC signed a supplementary agreement worth RM567.6 million (US$178.5 million) with OOO LUKOIL-Nizhnevolzhskneft for EPIC (engineering, procurement, installation and pre-commissioning) work in the Caspian Sea’s Russian sector…
Saipem has been awarded the contract for the Nigerian subsea development of the Egina field, in a 1700m water depth. It is worth approximately $3 billion. Fabrication will be performed almost entirely in Nigeria and most in the Saipem Rumoulumeni Yard in Port Harcourt…
ConocoPhillips (UK) extended one of its longest running projects in the North Sea under a US$60 million (£40 million) one-year contract extension with Wood Group PSN. WGPSN will continue to provide operations and maintenance services, and…
Technip was awarded a lump sum contract for pipelay and subsea installations for the Snøhvit CO2 Solution project by Statoil. Snøhvit field is located about 140km north-west of Hammerfest, Norway. The project will establish an additional well at a new CO2 injection template…
BHP Billiton the signed four production sharing contracts (PSC) with Trinidad and Tobago for four deepwater blocks that the company won in December. The PSCs cover Trinidad and Tobago Deep Atlantic Area (TTDAA) blocks 5, 6, 28 and 29. TTDAA acreage (40…
DSME signed a contract on 25th June with Atwood Oceanics, a USA based ocean drilling company, for the construction of one drillship. This is the option of last year’s contract with a value of about US$570 million USD and it will be delivered at the end of 2015…
Hallin Marine, a Superior Energy Services company, announced the receipt of a project off the northwest coast of Java. It centers on the installation of new control taps and a bypass for the main pipeline, which supplies 60% of Jakarta's gas requirements…
ABB has won an order from Statoil for the upgrade of safety and automation systems at the important Heimdal platform in the North Sea, off Norway. The agreement with Statoil was signed in the second quarter of 2013. ABB’s scope comprises…
Ceona has finalized its agreement with Lloyd Werft for the construction of a new high-capacity vessel, Ceona Amazon, at a signing ceremony in Bremerhaven, Germany. Members of the Ceona management team, led by CEO Steve Preston and Chairman John Smith…
Xodus Group secured two contracts from Abu Dhabi-based Valentine Maritime (Gulf) L.L.C. The first is for new subsea pipelines in the Arabian Gulf off Qatar’s northeast coast. It involves design of a new 6.4km long, 24in. water injection pipeline…
GE’s Power Conversion business was awarded a contract by the Eastern Shipbuilding Group in Panama City, Fl. The contract entails GE supplying integrated diesel-electric power, propulsion and vessel control systems for two multipurpose supply vessels (MPSVs) with installed horsepower of 12…
Emerson Process Management (EPM) was awarded contracts by Chevron Australia Pty Ltd., valued at US$67 million, to provide natural gas valves, actuators, and valve controllers at the Gorgon Project. The contracts include more than 1,000 control valves…
Wood Group PSN (WGPSN) has secured its second North Sea duty-holder contract extension this year. Valued at about US$200 million (£140 million), the life-ofield contract from Ithaca Energy will see WGPSN operate and deliver managed services…
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