Contracts

Shipbuilders Vard Report Financial Fair Sailing

Designers and shipbuilders of offshore and specialised vessels, Vard Holdings, has announced its financial results for the second quarter of financial year 2014 (“2Q2014”),

FMC Signs Joint Subsea Tech Agreement with Oil Majors

FMC Technologies, Inc. says that it has signed an agreement which establishes a joint industry program that includes Anadarko Petroleum Corporation, BP, ConocoPhillips

Panama Canal: New Lock Gates Transferred to Atlantic Side

ACP informs that the Panama Canal Expansion has reached another important milestone with the transfer of the first gates to the new locks complex in the Atlantic side.

McDermott Awarded Megalodon Platform Installation

McDermott International, Inc. announced today that one of its subsidiaries was awarded a contract to provide transportation and installation services to Walter

Hyde Marine Selects 2 Installation Partners

Hyde Marine, Inc., a wholly owned subsidiary of Calgon Carbon Corporation, announced today it has established two partnership agreements for installation of the

Alstom Signs Wind Turbine Deal in Brazil

Alstom said it signed a contract worth 320 million euros ($433 million) to supply 127 wind turbines to Brazil's Renova Energia for the Umburanas complex in Bahia State.

Gabon Selects 7 Firms for Final Oil Block Talks

Gabon's oil ministry said on Monday it has selected seven firms for a final round of negotiations as part of an offshore licensing round the government hopes will reverse a chronic decline in output.

Andrew Weir to Support UK Navy in Antarctica

Andrew Weir Shipping Ltd. announced that it has been awarded the contract for the support and maintenance of HMS Protector (A173), following a competitive tendering process.

Demand Lifts German Prompt Price, French Price Down

Rising demand for prompt power boosted prices in the German spot market on Monday while in neighbouring France, prices eased amid some healthy renewable energy supply.

Stanford Secures Long Term PSV Charter in Mexico

Stanford Marine announced today from its Dubai headquarters that it has secured a three-year contract for one of its 87-meter Platform Supply Vessels (PSV), Stanford Bateleur, in Mexico.

Trelleborg Systems for DP World Southampton

Trelleborg’s marine systems operation has been awarded the contract to supply more than 70 UE1000 Unit Element fender systems to DP World Southampton. The new systems,

Oil Steadies at $107 After Iran Talks Extended

Iran nuclear talks extended, pressure for deal intensifies; U.S. accuses Russia of complicity in shooting down flight MH17 Brent crude oil steadied around $107

Chinese Carbon Projects Could Exit UN Offset Market

Some developers of projects to cut carbon emissions in developing nations, particularly China, are likely to pull out of the U.N. offset scheme and move to markets with higher prices,

Kemp: Britain Should Privatize Onshore Oil & Gas

Oil and gas taxation has become a major source of conflict between producers and Britain's tax authorities. But like other indirect taxes, the amount of attention

Asian, Western firms bid for UAE oilfields

Exxon pulls out staff, decides not to bid, sources say. Chinese, Korean and Japanese firms vying for a stake. Asian and western firms have bid to help operate

Detyens Shipyards Awarded 'USNS Arctic' Drydock Contract

The U.S. Department of Defense informs that Detyens Shipyards Inc., North Charleston, South Carolina, is being awarded an $11,631,622 firm-fixed-price contract

Eastern Shipbuilding to Launch Another HOS OSV

Eastern Shipbuilding Group, Inc. invites interested parties to the launch of the Offshore Support Vessel (OSV) 'HOS Brass Ring' at 3:00 pm C.T. on Friday, August 8,

Stanford Marine Charters Out PSV

Dubai headquartered regional offshore marine business, Stanford Marine, says it has secured a 3 year contract with Mexishi  for one of its 87m Platform Supply Vessels, 'Stanford Bateleur', in Mexico.

ABB Wins $35 mln HVDC Upgrade Order in Canada

ABB, the leading power and automation technology group, has won an order worth about $35 million from Hydro-Québec to upgrade the 350 megawatt (MW) Madawaska high-voltage

InfraStrata Signs Exploration Agreement with Larne Oil & Gas

  InfraStrata plc the independent petroleum exploration and gas storage company informed that together with joint venture partners Brigantes Energy Limited and Terrain Energy Limited,

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