A consortium between Denmark's Semco Maritime and Vietnam's PTSC Mechanical & Construction (PTSC M&C), has won an engineering, procurement, and construction (EPC) contract for a 500 MW offshore wind farm substation project.The project is part of the Feng Miao offshore wind farm…
Italy's Saipem, in consortium with Abu Dhabi's National Petroleum Construction Company (NPCC), has signed today a letter of award with ADNOC for an offshore construction contract related to the freshly sanctioned Hail and Ghasha Development Project in the United Arab Emirates…
Abu Dhabi-based oil and gas company ADNOC has reached the final investment decision and award of contracts for the Hail and Ghasha Offshore Development project offshore Abu Dhabi.Hail and Ghasha are part of Abu Dhabi’s Ghasha Concession which is set to produce more than 1…
Malaysia-based firm Sapura Energy has secured an offshore platform transportation and installation contract in Angola.The contract, with Azule Energy, an Angolan joint venture between Eni and BP, is worth around $300 million and is related to Angola Northern Gas Complex (NGC) Project…
Wood Group, a consulting and engineering company, and Harbour Energy, the UK's largest oil and gas producer, have entered into a new strategic partnership for UK North Sea operations.The companies have agreed a new master services agreement…
Singapore's offshore services firm Kim Heng has via its subsidiary, Kim Heng Offshore & Marine Pte entered into a non-binding memorandum of understanding with South Korea's KOMS CO. LTD. (“KOM”).Under the MoU the two companies plan to cooperate…
As we enter the final month of 2022, a review of the floating production system (FPS) market revealed that some E&Ps have been bold with investments in the development of their oil and gas (O&G) reserves, with a total of 1.9 mmboepd (1.3 mmbpd of oil and 3…
Italian energy industry engineering and construction firm Saipem said Thursday it had secured the largest single offshore contract by total value in the company’s history.The company has won a contract with Qatargas for the North Field Production…
GMS, a UAE-based provider of self‐propelled, self‐elevating support vessels serving the offshore oil, gas, and renewables industries, said Tuesday it had secured a new contract.The 22-month contract is for an E-Class vessel with an unnamed EPC client in the MENA region…
Hai Long Offshore Wind Project has awarded the EPC contract to a consortium consisting of Semco Maritime and PTSC M&C for the two offshore substations for the Hai Long 2 and Hai Long 3 wind farms offshore Taiwan. The consortium was named a Preferred Supplier back in October 2021…
Aberdeen-based PD&MS Group has won a three-year operations and maintenance (O&M) contract with Vattenfall to support its offshore wind farms in Europe.The contract, of an undisclosed sum, will see the engineering, procurement, construction and commissioning (EPCC) specialist providing support…
QatarEnergy has awarded a major engineering, procurement, and construction (EPC) contract for the North Field Expansion Project, which it says marks the final major milestone to deliver the project which will boost Qatar’s LNG production capacity to 110 million tons per annum (MTPA)…
A consortium formed between GE Renewable Energy’s Grid Solutions and New York-based BOND Civil & Utility Construction said Tuesday it had secured a contract from Empire Offshore Wind JV to supply an onshore substation for Empire Wind 1, one of New York’s first offshore wind farm projects…
Denmark-based offshore wind developer Ørsted has completed the sale of a 50% stake in the 900MW Borkum Riffgrund 3 offshore wind farm in Germany.The deal, with funds managed by Glennmontpartners, was first announced in October 2021. Ørsted at…
The global offshore rig market experienced a significant year-on-year growth at the close of 2021, up 200% from 2020, energy intelligence group Westwood Global Energy Group said Wednesday.According to Westwood, the offshore rig market has been bolstered by significant engineering…
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