Stories

CIMAC Circle at Marintec Shanghai

CIMAC, the International Council for Combustion Engines took advantage of this year’ s major trade show in the large engine sector to stage the latest in its CIMAC Circle series of forums for information exchange. Chaired by CIMAC board member Yasuhiro Itoh…

J. Ray McDermott Installation for LUKOIL

J. Ray McDermott’s Caspian subsidiary has completed installation of offshore facilities at the Yuri Korchagin field for OOO LUKOIL-Nizhnevolzhskneft (LUKOIL), a subsidiary of OAO LUKOIL Oil Company. The Yuri Korchagin field is the first of the…

Kitimat LNG, Apache MOU

Kitimat LNG Inc. announced that it has signed a memorandum of understanding (MOU) with Apache Corporation to supply natural gas to Kitimat LNG's proposed liquefied natural gas export terminal. The MOU sets a framework for Kitimat and Apache…

Floating Production Systems Report And Online Database

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Dhirubhai Deepwater KG1 5-Year Contract

Transocean Ltd. (NYSE:RIG) announced that the ultra-deepwater drillship Dhirubhai Deepwater KG1 has commenced operations in India under a five-year drilling contract with Reliance Industries Limited. The company currently expects that Reliance…

Bisso Lufesa Performs Platform Inspection

Bisso Lufesa, a full-service marine contractor, successfully performed a platform inspection for BPZ Energy off the coast of Northwest Peru. The Bisso Lufesa crew spent about a month aboard the dive support vessel DSV Caballo de Trabajo inspecting…

Deltamarin Wins Contract from Petrobras

The Brazilian oil company Petrobras has awarded the Finnish engineering company Deltamarin Ltd the concept study work for their FPDSO development. The contract contains concept design development. "Deltamarin won this contract because we have…

Keppel Delivers 5th Aban Jackup Rig

On Feb. 6, Keppel FELS Limited announced that it successfully delivered the jackup drilling rig, Deep Driller 8, to Aban Singapore Pte Ltd (Aban) on time, within budget and without incidents. Deep Driller 8 is the fifth unit to be delivered…

Asia’s First Two Arctic Icebreakers

Keppel Singmarine Pte Ltd (Keppel Singmarine) has completed Asia’s first two icebreakers, built for one of the harshest marine frontiers on Earth, the Arctic sea for client, LUKOIL-Kaliningradmorneft (LUKOIL). Mr Charles Foo, Chairman of Keppel Singmarine…

Northwind Marine Boats in S/E Asia Offshore

A pair of Northwind Marine’s rough-water diesel-powered A/RIB vessels are operating in the tumultuous seas off the and , servicing floating oil production vessels as far as 60 miles from any beach. They are naval architect designed 36-foot Tow Master Vessel Support Boats—aluminum/rigid-hull…

Golar and Bluewater Partner in Bid for Offshore FSRU Project

Golar LNG announced that it has agreed to partner with Bluewater Energy Services B.V in bidding for an offshore LNG FSRU opportunity with 's national oil company, PetroSA. Golar and Bluewater will be equal partners in a joint venture formed specifically for this opportunity.

Keppel Unit Wins Contracts Worth $155.6m

Keppel Corp. said Keppel Singmarine Pte Ltd. has won two shipbuilding contracts worth $155.6m, Thompson Financial reported. Keppel Singmarine will build a derrick pipelay vessel for Global Offshore International Ltd, a unit of U.S.-listed Global Industries Ltd.

Wärtsilä and Emerson Announce Expansion

Wärtsilä and Emerson Process Management at the Offshore Technology Conference in Houston announced yesterday an expansion of their global offshore alliance. Under this expansion, they can now deliver integrated energy and automation systems…

American Electric Technologies Powers Growing Indian Energy Market

American Electric Technologies, Inc., announced two projects with Aban Offshore Limited of . Aban Offshore is 's largest offshore private drilling contractor and their twenty offshore drilling and production units places Aban among the top ten offshore drilling asset owners in the world.

Aker Floating Production Wins $1b Contract

Aker Floating Production ASA said it had won a 10-year contract from Reliance Industries Limited worth $1.1b. Aker said Reliance Industries Limited had exercised an option to call a 10-year bare boat contract with Aker's subsidiary Aker Contracting for the FPSO (floating production…

Hercules Offshore Announces Rig Contracts

Hercules Offshore, Inc. said that Oil and Natural Gas Corporation Limited (ONGC) has awarded three-year contracts for the Hercules 258 and Hercules 260 jackup rigs for drilling operations offshore India. The contract for the Hercules 258 is…

Total to Begin Offshore Exploration in Bay of Bengal

According to a recent Reuters report, European energy major Total SA (TOTF.PA) will begin exploring for hydrocarbons in the Bay of Bengal in November, a senior energy official recently stated. In March this year, Total acquired the major stakes…

Teekay Offshore Raises Distribution; Completes FSO Acquisition

Teekay Offshore Partners L.P. (Teekay Offshore or the Partnership) (NYSE: TOO) announced that its general partner has increased its quarterly cash distribution by $0.035 per unit, from $0.35 per unit to $0.385 per unit ($1.54 annualized) as…

Aker Kvaerner Gets Contract for Platform in Egypt

Aker Kvaerner has been awarded a contract for operation, management and maintenance of the Al Zaafarana FPSO offshore Egypt by operator Gemsa Petroleum Company and partners. Options for contract extensions are included in the contract. The Al…

Aker Kvaerner Wins FPSO Contract in Egypt

Aker Kvaerner won a contract for operation, management and maintenance of the Al Zaafarana FPSO offshore Egypt by operator Gemsa Petroleum Company and partners. The contract value is $32.5 m for a five year contract period effective from September 1, 2007.

Hyundai Wins Order for O&G Platform

Hyundai Heavy Industries Co., Ltd. (HHI) signed a contract with Elf Petroleum Nigeria Ltd. (EPNL), a Nigerian subsidiary of French oil company Total S.A., to build an oil and gas production platform worth US $520 m. The platform will be completed by 2010 and will be able to produce 105…

Aker Kvaerner to Deliver Process Tech

Aker Kvaerner has signed a contract for delivery of equipment and modifications to Aker Floating Production's SMART 1 Floating Production Storage Offloading (FPSO) vessel. This new contract is an amendment to a contract awarded in November 2006 for both SMART 1 and 2 vessels.

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