Contracts

Maersk Drilling Secures Contract for Newest Drillship

Maersk Drilling was awarded a contract from eni Ghana Exploration and Production Ltd. for employment of the newbuild drillship Maersk Voyager.   The contract

Corvus Energy Wins Order for Battery Hybrid Ferries

Scandlines ferries designed with battery hybrid propulsion to operate on the Rostock-Gedser commercial route.    Corvus Energy, Siemens AS and Scandlines have

Elcome Enters Sales, Service Deal with JRC

Elcome International has signed a distribution agreement with Japan Radio Company (JRC) and its technology partner Alphatron Marine.   Under the agreement, the

Hornbeck Completes $114M Sale of OSVs to U.S. Navy

  Hornbeck Offshore Services has closed the sale of three 250EDF class OSVs to the U.S. Navy, the company announced today.   The three vessels were sold for cash consideration of $114 million,

Haven Marine Bags Back To Back Dockings

Despite a slow start to the year, Haven Marine Services reports it is now seeing a change in fortunes with two dockings for Svitzer in quick succession, with one

Lithuania May Not Extend Long-Term Deal with Gazprom

Lithuania may not extend its long-term natural gas import deal with Russia's Gazprom after the current one expires at the end of 2015, as it has gained access to global LNG markets,

Ecosse Subsea Land Seabed Clearance Contract

Ecosse Subsea Systems (ESS) has signed a Letter of Intent with ABB for a seabed clearance and trenching project in the north of Scotland.   The Aberdeenshire-based

Ukraine: Russia Violating Winter Gas Terms

Ukraine's state energy firm Naftogaz said Russia's Gazprom is violating the terms of an EU-backed winter gas supply agreement, ahead of talks on Monday in Brussels on the issue.

Bets on Oil Rally Highest Since July

ICE Brent net longs up 11,371 contracts to 182,783; highest net length in ICE Brent crude since July 2014. Hedge funds and large speculators increased their

Iraq Gas from Iran Possible in May

Iran could begin natural gas exports to Iraq in May if security conditions improve, Iranian oil ministry website Shana quoted a senior official as saying on Monday.

Petronas FID on Canadian LNG Due by June

Malaysian energy firm Petronas expects to make a final investment decision (FID) on an $11 billion liquefied natural gas (LNG) export terminal in British Columbia by June,

Maersk Drilling Wins Eni Contract

A.P. Moller-Maersk's Maersk Drilling has won a 3.5-year contract from Italy's Eni for its new-build drillship Maersk Voyager, it said on Monday. "The total estimated

Poland: LNG Gas Terminal Ready in July

Poland's Deputy Prime Minister Janusz Piechocinski said on Monday that the liquefied natural gas (LNG) terminal in the Baltic city of Swinoujscie should be ready in July 2015,

Norway's Knarr Field Delivering Gas to UK

Knarr, a small field offshore Norway, is expected to start delivering gas to the St Fergus terminal in Britain via a new pipeline link tied to the FLAGS pipeline this spring,

Johan Sverdrup Contract to "Pioneering Spirit"

Statoil has signed a contract with Allseas for installation of three platform topsides on the Johan Sverdrup field.   The vessel will be installing the topsides for the drilling,

As New England Freezes, Natural Gas Stays Cheap

What a difference a year makes. Twelve months ago, tumultuous weather in the U.S. Northeast caused record natural gas price spikes and forced some power plants

Magnolia EPC Contractor JV Finalized

  Liquefied Natural Gas Limited is pleased to advise that its wholly owned subsidiary, Magnolia LNG, LLC (MLNG) has achieved the milestone set for finalization of the Engineering,

ACWA Power Gets $344 mln Loan for Dubai Project

  Saudi Arabia's ACWA Power is obtaining a loan of about $344 million from three banks to finance a solar energy project in Dubai, chief executive Paddy Padmanathan said on Sunday.

Lithuania Signs Non-binding Deal for U.S. LNG

  Lithuanian liquefied natural gas (LNG) importer Litgas has signed a non-binding agreement to purchase LNG from the United States' first export terminal, the company said on Saturday.

Chassis Pools for Port of Long Beach

  Three companies that own the vast majority of chassis serving the San Pedro Bay ports are on track to activate a “gray chassis fleet” of truck-trailers on March 1,

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