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…
Energy industry services company Hunting PLC has won a contract to provide titanium stress joints through multiple EPC Contractors for Beacon Offshore Energy’s Shenandoah development in the Gulf of Mexico.Hunting will provide (2) 10.75” Titanium Grade 29 Stress Joints utilized for Production…
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…
FPSO leasing specialist MODEC and Toyo Engineering Corporation have executed a deal to form a joint venture company for the Engineering, Procurement, Construction and Installation (EPCI) business of FPSO vessels. The establishment of the joint venture company…
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)…
Soaring demand for U.S. liquefied natural gas (LNG) as buyers steer clear of Russian fuel is putting some long-stalled U.S. export projects back on track. But rising costs for materials and labor threaten to snarl these plants once again.Two developers with projects sidelined due to the U…
Asia Pacific Energy Ventures said Monday it would carve out subsidiary Twenty20 Energy Systems with plans to take it public on the Nasdaq in the second quarter of 2022.Based in Singapore, Twenty20 Energy was formed in 2014 as a subsidiary of APEV…
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…
Oilfield services giant Petrofac has won two new contracts with Cairn Oil & Gas, Vedanta Limited, India’s largest private oil and gas exploration company. With a combined value of around $100 million, the wins include Petrofac’s first significant Operations and Maintenance (O&M) contract in-country…
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…
Prysmian Group entered into a Limited Notice to Proceed (LNTP) for the supply of power cables in the context of a landmark HVDC submarine cable project in the Middle East, worth around $252m. The LNTP was awarded to Prysmian by Samsung C&T as part of its EPC consortium with Jan De Nul Group…
Abu Dhabi National Oil Company (ADNOC) on Wednesday announced the award of a $946 million Engineering, Procurement, and Construction (EPC) contract for the strategic long-term development of its Umm Shaif offshore field. The contract. dubbed…
BP – the operator of Net Zero Teesside Power (NZT Power) and the Northern Endurance Partnership (NEP) – has awarded contracts as part of its dual Front End Engineering Design (FEED) competition to two separate consortiums of engineering, carbon capture licensors…
Oil and gas company Energean, working to develop the Karish gas field offshore Israel, has signed an EPC contract with process engineering business Kanfa for the supply of a second, 700-tonne oil train for the Energean Power FPSO, which is currently under construction in Singapore…
Norwegian firm Aker Solutions has won a contract with Equinor to deliver engineering, procurement, and construction (EPC) of a subsea compression module to be installed subsea at the Åsgard gas field, offshore Norway. The scope covers EPC of…
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