HHI expected to clinch FPS from US
Llog Exploration has confirmed that the US oil exploration & production (E&P) company is considering deploying a new floating production system (FPS) in its Khaleesi and Mormont oil fields the Gulf of Mexico (GOM). According to foreign...
Eni begins construction of the Hull for Coral South
At the presence of Mozambique’s Minister of Mineral Resources and Energy, Ernesto Max Tonela, Eni and its Area 4 partners held today at Geoje Island, South Korea, the “First Steel Cut” ceremony that marks the beginning of the construction o...
Aramco awards BHGE services contract for Marjan
Saudi Aramco has awarded today the first large-scope integrated services contract for its Marjan oilfield – the first of three major offshore expansions in Saudi Arabia, and the company’s largest upstream development project this year – to ...
"Business can’t go on without sacrifice"
Kang Hwan-Goo, Hyundai Heavy Industries (HHI) CEO said in a statement on September 7 that “without sacrifice, it may be impossible to maintain offshore business.” Kang said in the statement that “the offshore division is going through vo...
Höegh executes time charter for FSRU
Höegh LNG Holdings Ltd. (“Höegh LNG”) has entered into a time charter contract with Naturgy Energy Group S.A (“Naturgy”) for FSRU #9. The time charter commences in December 2018, immediately after the delivery of the unit and a position...
Prysmian awarded over €220m for offshore wind in France
Prysmian Group, world leader in the energy and telecom cable systems industry, have secured three important projects to provide new cable connections for offshore wind farms in France. Eolien Maritime France (a joint venture between the French...
JDR wins contract for world's biggest offshore wind far
UK-based JDR Cable Systems (JDR), owned by the TFKable Group, has won a multi-million pound contract to supply inter-array cables and termination work for Ørsted’s record-breaking offshore wind farm, Hornsea Project Two. When operational in...
Transocean announces acquisition of Ocean Rig
Transocean Ltd. ("Transocean" or the “Company”) (NYSE: RIG) and Ocean Rig UDW Inc. (“Ocean Rig”) (NASDAQ: ORIG) announced today that they have entered into a definitive merger agreement under which Transocean will acquire Ocean Rig in a c...
'Block B' winner to be chosen soon
Phu Quoc Petroleum Operating Company, an affiliate of Vietnam's state-owned oil and gas exploration and production firm PetroVietnam, turns out to have postponed a final investment decision (FID) on its 'Block B' offshore gas development project....
Jiangnan won first FRU deal
CSSC affiliated Jiangnan Shipyard won its first FRU construction deal from a UK LNG player Gasfin Development. According to Splash, the 28,000-cbm FRU features two 14K type-C cargo tanks with regasification capacity of 335t/h. The unit will...
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