Technip awarded flexible pipe supply contract for Champion Field offshore Brunei. Technip has been awarded by Swiber Offshore Construction a flexible pipe supply contract for the Brunei Shell Petroleum’s Champion Field, located 40 kilometers offshore Brunei, at a water depth of 45 meters. The contract covers the supply of 12 flexible flowlines, with a total length of 19 kilometers. Brunei Shell Petroleum will use these flexible pipes to increase the existing Champion Field production by redevelopment. The Champion WaterFlood Project, divided into brown field and green field, will be carried out in several phases and will aim at increasing oil recovery from the field. This award is an important milestone for Technip as it confirms the cost effectiveness of the flexible pipe solution for shallow water field redevelopment in Asia. It also reinforces Technip's position as the primary flexible pipes supplier in Asia Pacific. Technip’s operating center in Kuala Lumpur, Malaysia will execute the contract, which is scheduled to be completed in the first semester of 2013. The flexible flowlines will be manufactured at Technip’s Asiaflex Products plant in Tanjung Langsat, Malaysia.
Ship supply specialist Unitor, has entered into a three-year sole supply contract with MARCAS, the Bermuda-based marine purchasing group. MARCAS’ members, who include the V. Ships Group, Teekay Shipping and World Wide shipping, have agreed to contract with Unitor for the sole supply of chemicals, gases and associated welding products for a minimum period of three years.
A Chinese consortium led by China Offshore Oil Corp. (CNOOC) and oil major BP aim to complete a feasibility study for China's first liquefied natural gas (LNG) project by next June. An agreement for the supply of gas is also expected to be sealed in a similar timeframe, the official said. The Chinese consortium and BP plan to build a three million ton per year (tpy) LNG import terminal in southern Chinese province of Guangdong by the end of 2005
Marine safety specialist Survival Craft Inspectorate Ltd has won offshore contracts potentially worth a total of $7.7m to supply new lifeboats that meet key upgrade requirements. Among Survival Craft’s clients are Apache, BP, Chevron, Maersk Oil and Marathon, which have all agreed supply contracts for the upgrading of their UK-located fixed installations. The upgrades are in accordance with the companies’ obligations as duty holders
Canpotex Limited announced it has agreed to an annual contract with its government and private sector partners in India to supply approximately 1 million metric tons of potash at a price of $322 per metric ton on a CFR basis. Steven Dechka, Canpotex's President and Chief Executive Officer, stated that this new agreement demonstrates once again the importance Canpotex places on the Indian market and on supporting its loyal and long-term customer base in India.
Poland expects to receive its first cargo of liquefied natural gas at its new LNG terminal at the end of November or early December, the treasury minister was quoted as saying on Sunday. The terminal, being built in the Baltic city of Swinoujscie, is Poland's flagship project to diversify its gas supplies and reduce a dependence on Russia. The terminal had originally been scheduled to open in 2014 but has been delayed several times.
Rolls-Royce has won ship design and equipment supply contracts for offshore service and cable-laying vessels, worth approximately $150 million over the last three months, including its biggest-ever commercial marine order. Dr. Saul Lanyado, President -- Marine, Rolls-Royce, said: "This is a significant step for Rolls-Royce. Development of the marine business is key to the future strategy of the group. These orders demonstrate a growing demand for specialist offshore vessels
U.S. Appetite For LNG Increases as Evidenced By 90% Leap In Imports The import and use of Liquefied natural gas (LNG) in the U.S. has been staging a comeback. The country's two active import terminals are handling a rising number of tanker cargoes, with imports up 90 percent last year, and there are plans to re-launch two dormant terminals during the next two years. U.S. demand for natural gas is projected to rise strongly over the next decade
Scana Industrier ASA subsidiary, Scana Offshore Vestby, has signed a winch supply contract with UK-based Dana Petroleum. The contract is for delivery of mooring winches for Dana Petroleum's new floating production, storage and offloading vessel (FPSO) which will be used in their Western Isles Development Project. The total value of the contract is 57 MNOK. Dana Petroleum plc is a $4 billion oil and gas business with operations in the UK, Egypt, Norway, The Netherlands and Africa.
India is scouting for new liquefied natural gas (LNG) contracts globally as part of a push to secure cheap supplies for its under-utilized gas-fired power plants, reports Bloomberg. Australia, Qatar and Iran could all act as potential suppliers of long-term LNG contracts, power minister Piyush Goyal said in Sydney. The global search for LNG comes as India’s gas-fired plants, which can generate nearly 25 gigawatts of power
The world's biggest liquefied natural gas (LNG) buyers are clubbing together to secure more flexible supply contracts in a move that further shifts power to buyers rather than producers. Korea Gas Corp (KOGAS) said on Thursday it had signed a memorandum of understanding in mid-March with
International compressor supplier TMC Compressors (TMC) has been awarded a contract to supply complete marine compressed air systems for two very large crude carriers (VLCC) currently being built by Daewoo Shipbuilding and Marine Engineering (DSME) in South Korea.
Oslo-listed offshore vessel owner Deep Sea Supply has secured two time charter contract extensions with BP Egypt. The PSVs Sea Spear and Sea Spark have been awarded a 1 year extension of their charter contracts with start from end of current firm period, in July 2017.
International compressor supplier TMC Compressors (TMC) said it has been awarded a contract by Daewoo Shipbuilding & Marine Engineering (DMSE) to supply a marine compressed air system to a newbuild floating storage and regasification unit (FRSU).
Crowley Maritime Corp. said its liquefied natural gas (LNG) services group has been awarded a multi-year contract to supply containerized LNG from the U.S. mainland to Molinos de Puerto Rico, the Caribbean arm of Ardent Mills LLC, supplier of flour, wheat, corn and rice-based food ingredients.
Kongsberg Maritime said it has been awarded an engineering, procurement, construction and installation (EPCI) contract worth more than NOK 120 million from Flensburger Schiffbau-Gesellschaft (FSG) for engineering and maritime technology deliveries to a RoPax ferry for Irish Continental Group
Kongsberg Maritime has been awarded an Engineering, Procurement, Construction and Installation (EPCI) contract with Flensburger Schiffbau-Gesellschaft (FSG), a subsidiary of Siem Group. The contract, worth more than NOK 120 Million, covers engineering and maritime technology deliveries to a RoPax
Sete Brasil Participações SA presented a draft reorganization plan on Friday that includes seeking up to $5 billion in funding and downsizing business, three months after the Brazilian rig leaser sought court protection against 18 billion reais ($5.7 billion) in looming debt payments
Plan B Energy Storage (PBES) said it has secured the energy storage supply contract for the two largest battery-powered ferries in the world. Each of the two Scandlines Helsingborg-Helsingör ferries will have 4.16 MWh batteries to provide power for primary propulsion.
Liquefied natural gas (LNG) supplier Bomin Linde LNG said it has secured a capacity of 7,500 m3 LNG bunker supply vessel, the largest of its kind to date, via a time-charter contract signed with ship owner Bernhard Schulte on September 30, 2016.
If Asian buyers continue to divert their contracted supply from the US towards Europe and Latin America, it will reduce demand for LNG vessels in the long term by cutting down on long-haul trade, according to the latest edition of the LNG Forecaster report published by global shipping
Asian spot liquefied natural gas (LNG) prices rose this week on the back of rallying gas benchmarks in Europe and a production outage in Angola. The price of LNG for December delivery was $7.20 per million British thermal units (mmBtu), up around 25 cents from a week earlier
MAN Diesel & Turbo said it has won the engine-supply contract from Fincantieri for newbuildings ordered by Costa Asia and P&O Cruises, Australia, members of Carnival Corporation & plc. Each vessel will feature 2 × 14V48/60CR + 3 × 8L48/60CR medium-speed MAN engines
Norwegian offshore vessel owner DOF has been awarded charter contracts for a platform supply vessel (PSV) and an anchor handling tug supply vessel (AHTS). DOF said on Wednesday that the company won a two-year firm contract plus options with Asco Marine for the Skandi Aukra PSV.
Venezuelan state oil company PDVSA has delayed and canceled crude deliveries to commercial partners in recent months, according to documents seen by Reuters, a further sign of the steady production decline of the country's top export.