Contracts

Petrobras Cancels Fertilizer Plant Contract with Galvao, Sinopec

Brazil's state-run oil firm Petrobras said on Friday it had canceled a contract with a joint-venture group comprised of China's Sinopec and local engineering company

Statoil Awards Mariner Contract to Schlumberger

Statoil has on behalf of the Mariner co-venturers awarded the contract for integrated drilling and well services on the Mariner field on the UK continental shelf

GE Wins$1b Cheniere LNG Train Service Deal

Construction well underway on the first four LNG trains at Cheniere Partners’ Sabine Pass LNG export facility located in Cameron Parish, Louisiana, with first LNG

Wärtsilä to Begin Building LNG Terminal in January

Wärtsilä has been given full notice to proceed (NTP) from Manga LNG Oy for the supply of a liquefied natural gas (LNG) import terminal in Tornio, Northern Finland.

Polarcus Awarded 3D Project Off West Africa

Polarcus Limited has signed a letter of intent with Perenco Oil & Gas Gabon S.A. for a 3D marine seismic acquisition project offshore West Africa.   The project,

Boskalis, VolkerWessels Win Offshore Wind Farm Work

Royal Boskalis Westminster N.V., in partnership with Volker Stevin International (VolkerWessels), has been awarded a contract by Iberdrola Renewables Offshore Deutschland

Optimarin ,Goltens Ink BWT Retrofit Agreement

Ballast Water Treatment (BWT) specialist Optimarin and Goltens, a provider of engineering and installation solutions for the shipping industry, have signed a nonexclusive

Oil's Impact: Transocean Feet Update

Transocean Ltd. (NYSE: RIG) (SIX: RIGN) has issued a monthly Fleet Update Summary which includes new contracts, changes to existing contracts, and changes in estimated

Damen Builds Tug, Dredger for Nicaragua

The Nicaraguan port authority Empresa Portuaria Nacional (EPN) is set to take delivery of two newbuilds from Damen Shipyards Group. Damen built both vessels, a

DNB Bank: Loan Book Risk is Manageable

Norway's DNB bank, one of the lenders most exposed to the energy sector, has tested its loan book against big oil price falls and expects losses to remain below their usual levels next year,

Schlumberger Wins Statoil Mariner Services Contract

Statoil has on behalf of the Mariner co-venturers awarded the contract for integrated drilling and well services on the Mariner field on the UK continental shelf

Norway's PSA Denies BP Platform Use

Norway's oil safety watchdog, the PSA, has denied BP's request to extend the lifetime of the QP platform at the Valhall field, which provides living quarters for workers,

Oil Price Bloodbath will Fuel Sector M&A Activity

Cash-rich majors the most likely buyers; M&A flurry expected once oil prices stabilize. Large oil companies flush with cash are expected to seize on the recent

Petronas Picks LyondellBasell Polypropylene Technology

Malaysia's state oil company Petroliam Nasional Bhd (Petronas) has chosen technology from U.S-listed LyondellBasell for a 900-tonne a year polypropylene plant in

North Dakota $5.3 billion Oil Tax Break Looms

Tumbling U.S. oil markets hit an important if obscure milestone on Thursday, closing for the first time at a price that could trigger a $5.3 billion, two-year tax

Oil Rallies to $60, but Headed for 4th Weekly Decline

Saudi oil minister says crude's price slump is temporary; Oil firms need to cut 2015 spending by $170 bln - Wood Mackenzie Brent crude oil rose to around $60 a barrel on Friday,

EnBW Buys Albatros Offshore Wind Project

German utility EnBW has bought Albatros, an offshore wind power project owned by Strabag and Norderland-Gruppe, for an undisclosed sum, the company said on Friday.

Norway Delays New Oil & Gas Licensing Until 2015

Norway has delayed the launch of its 23rd oil and gas licensing round until next year, the oil ministry said on Friday. The ministry did not give a reason for

Wärtsilä to Proceed with first LNG Terminal

  Wärtsilä has been given full notice to proceed (NTP) from Manga LNG Oy for the supply of a liquefied natural gas (LNG) import terminal in Tornio, Northern Finland.

Port of Galveston to Repair Public Pier

Galveston Wharves’ board of trustees today unanimously approved a project to repair pilings and pier deck in the Pier 19 area of the port. The board awarded the contract,

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