Awards News

 

SHI to Build Arctic LNG Ship for Zvezda

Sep 09, 2019

Russia's Zvezda Shipbuilding Complex has awarded the contract for the LNG carriers for the Arctic LNG 2 project to Samsung Heavy Industries (SHI). The South Korean company will also provide technical specifications and design documentation for the LNG carriers project.SHI will design LNG ships with 45 MW power capacity, enabling the safe transportation of LNG while breaking up to 2.1 meters of ice -52°C weather conditions…

Saipem Wins BP Azerbaijan Job

Oct 04, 2019

Saipem, in consortium with Boshelf LLC and STAR GULF FZCO, has recently been awarded three new contracts by BP for the development of the Azeri-Chirag-Gunashli oil and gas (ACG) field offshore Azerbaijan.Saipem has been a key contractor in this field since the 1990s…

Subsea 7 Wins Contracts Offshore Azerbaijan

Sep 30, 2019

Subsea 7 said on Monday it has been awarded two contracts, together worth between $50 million and $150 million, by BP for the Azeri Central East (ACE) project in the Azeri-Chirag-Deepwater Gunashli (ACG) field in the Caspian Sea in a water depth of approximately 140 meters…

Sapura Energy Reports Asia Contracts

Sep 27, 2019

Sapura Energy announced it has secured new work in in Malaysia, Thailand and Brunei worth approximately RM 774 million ($184.9 million). The three new contracts and two contract extensions bring the value of its cumulative contract wins year-to-date to about RM3…

Shearwater Wins SE Asia Project

Sep 24, 2019

Shearwater GeoServices said it has been awarded a contract for combined 3D and 2D seismic survey in Southeast Asia for the SW Vespucci Multi-Purpose Vessel (MPV).The contract covers an area of 1,600 square kilometers for 3D seismic with associated 2D work to be executed over a 1…

BP Awards Caspian ACG Contracts

Sep 17, 2019

The upstream consortium, led by UK enerrgy giant major BP, announced that the Azeri-Central-East (ACE) project is moving forward at pace with the awards of key contracts.BP as operator of the Azeri-Chirag-Deepwater Gunashli (ACG) field development…

SCD JV Win $10bln NLNG Train7

Sep 13, 2019

The Nigerian Liquefied Natural Gas Company (NLNG) signed a “letter of intent” with SCD JV as preferred bidder to construct the $10bn NLNG Train 7 project.SCD JV  is a joint venture consortium comprising Saipem, Chiyoda and Daewoo.'SCD JV is the preferred bidder for  the contract for the Engineering…

Ukraine Strips US Firm of Black Sea Exploration Rights

Sep 12, 2019

Ukraine's new government on Thursday stripped U.S.-based Trident Acquisitions of the right to explore and develop oil and gas reserves in the Black Sea shelf, prompting the company to say Ukraine had lost out on $1 billion in new investment…

SeaBird Tallies Australasia Survey

Sep 11, 2019

Marine seismic surveyor SeaBird Exploration said it has been awarded a contact to acquire 2D seismic data in the Australasia region. The survey is due to commence during the fourth quarter of 2019 and is estimated to run for approximately three to four months plus mobilization…

Vallourec Tallies $900 Mln ADNOC Contract

Sep 10, 2019

France-based Vallourec said it has been awarded a contract by Abu Dhabi National Oil Company (ADNOC) for the supply of tubing and casing, over a five year period, with a possible two-year extension, for an amount of $900 million.The award, which…

Velesto Bags Contracts from Petronas Carigali

Sep 09, 2019

Malaysia-based Velesto Drilling, indirect wholly- owned unit of Velesto Energy Bhd’s (VEB), has received a letter of award from Petronas Carigali Sdn Bhd (PCSB) for the provision of jack-up drilling rig Naga 7.In a filing with Bursa Malaysia…

Green Light for Arctic LNG 2

Sep 06, 2019

The $21.3 billion Arctic liquefied natural gas (LNG)-2 project on the Gydan Peninsula headed by the Russian largest independent natural gas producer Novatek won a green light on Thursday.The project will have a production capacity of 19.8 million…

DNV GL to Certify TenneT Platform in German Sea

Sep 04, 2019

DNV GL has signed a four-year framework agreement with TenneT to provide project certification for new High Voltage Direct Current (HVDC)  substations linked to offshore wind farms in the German North Sea.Agreement includes certification of…

US Judge Rejects Exxon, Shell Nigeria Case

Sep 04, 2019

A U.S. judge on Wednesday rejected Exxon Mobil Corp's and Royal Dutch Shell Plc's effort to revive a $1.8 billion arbitration award against Nigeria's state-run oil company, which stemmed from a dispute over a 1993 contract to extract oil near the African country's coastline…

Scotland Funds World's Most Powerful Tidal Turbine

Sep 03, 2019

The Scottish Government announced that it has awarded engineering company Orbital Marine Power GBP3.4mln (USD 4.1million) in funding for its floating tidal turbine, which is the world’s most powerful.The Scottish engineering company is the first…

Current News

BP to Shut West Chirag Platform for Maintenance

BP to Shut West Chirag Platform for Maintenance

Exxon Appoints Bank to Sell Malaysia Assets

Exxon Appoints Bank to Sell Malaysia Assets

Oxy Books Supertanker for a Record $13.25 Mln

Oxy Books Supertanker for a Record $13.25 Mln

Sinopec Resumes Production at Sichuan Gas Processing Unit

Interra Resources Spuds First Well in Kuala Pambuang Block

Interra Resources Spuds First Well in Kuala Pambuang Block

Saipem Wins BP Azerbaijan Job

Saipem Wins BP Azerbaijan Job

Rosneft Makes Discovery Offshore Sakhalin

Rosneft Makes Discovery Offshore Sakhalin

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