Contracts

Oando Sheds 60 pct of Downstream to Vitol

Nigeria's Oando has agreed to sell a 60 percent stake in its downstream business to Vitol and Helios Investment Partners for $276 million, the energy company said on Tuesday.

Eni to send 1.4 mln Tonnes/Year of LNG to Indonesia

Italian oil firm Eni on Tuesday signed agreements to sell 1.4 million tonnes per annum (mtpa) of liquefied natural gas from an Indonesian deepwater project to state-run company Pertamina.

Protests Shut Channel Tunnel Again

The Channel Tunnel closed again on Tuesday due to protesting MyFerryLink workers, its operator Eurotunnel and French traffic supervision body Bison Fute said. The

Hatfield Closure Quickens UK Exit from Coal

Britain's Hatfield Colliery will stop producing coal with immediate effect after being unable to sell its coal following the sharp rise in the UK's carbon tax, Prospect union said on Tuesday.

China Wants CO2 Emissions Curbed Earlier

China will try to curb its carbon emissions before a 2030 target, its prime minister said during a visit to Paris where he announced the world's biggest greenhouse

CMA CGM, Chinese Bank in Finance Deal

French container shipping group CMA CGM said on Tuesday it will sign a $1 billion financing agreement with the Export-Import Bank of China. Marseilles-based

Maersk: No Issue in Funding Greek Operations

Oil and shipping conglomerate A.P. Moller-Maersk said on Tuesday it was experiencing no problems funding operations in Greece or getting paid by Greek customers

OPEC Output at 3-Year High

Supply rises by 300,000 bpd to 31.60 million bpd; Iraq exports hit record despite Baghdad, KRG tension. OPEC oil supply in June has climbed to a three-year high

Technip Wins Jurong's FPSO Conversion Contract

  Technip has been awarded a topsides detailed engineering and procurement services contract by Jurong Shipyard Pte Ltd. The project is part of the conversion of a shuttle tanker into a floating,

SeaZip Offshore Service Commences Operation

  Harlingen-based SeaZip Offshore Service has entered into a partnership agreement with Heerema Marine Contractors (HMC). HMC, the world's market leader in transporting,

Boskalis Wins Portsmouth Channel Expansion Order

  Royal Boskalis Westminster N.V. (Boskalis) has been awarded a contract from the Defence Infrastructure Organisation of the Ministry of Defence for the capital

Samsung Bags Order for Decks on Johan Sverdrup

  Statoil, on behalf of the Johan Sverdrup license, has awarded Samsung the contract for decks for both the process and riser platforms.  The total contract value is NOK 7 billion.

ABB Wins $85 mln Qatar Order

Substations to support integration of new power and seawater desalination plant ABB, the leading power and automation technology group, has won an order worth

NASSCO Lays Keel for 2nd APT ECO Tanker

  On Friday General Dynamics NASSCO hosted a keel laying ceremony for the second ECO tanker, the Magnolia State, for American Petroleum Tankers (APT) currently

Boskalis Wins Veja Mate OWF Foundations Deal

  Royal Boskalis Westminster N.V. (Boskalis) in partnership with VolkerWessels (Volker Stevin International) has been awarded a contract by Veja Mate Offshore Project GmbH for the design,

Hyundai Sees Mega Ships Leading Global Demand

 As the demand for mega vessels has increased, Hyundai Heavy Industries Co. expects mega- sized container ships to lead global orders until early next year as shipping

Austal Starts Next US Littoral Combat Ship

Austal and the U.S. Navy held a keel-laying ceremony today for the future USS Manchester (LCS 14), marking the first significant milestone in its construction.

Port of LA to Start Yusen Terminal Improvements

Project will enhance wharf, rail and yard infrastructure to optimize terminal operations   The Port of Los Angeles will begin construction this summer on a two-year

Vestas Gets 39 MW Order in Denmark

Danish wind turbine manufacturer Vestas Wind Systems said on Monday it had received a 39 megawatt turbine order for a wind project in Denmark.   The order was for 12 units of the V112-3.

HHI Delivers 14,000 TEU Box Ship to Seaspan

Seaspan Corporation accepted delivery of a 14,000 TEU containership, the YM Witness. The new containership, which was constructed at Hyundai Heavy Industries Co.

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