Contracts

Hydro Group Secures UK Defence Contract

Hydro Group plc, a global design and manufacturer of underwater cables and connectors for subsea, underwater, topside and onshore applications, has secured a contract with BAE Systems,

Russia Denies Plans to Block Gas Transit to Europe

Russian Energy Minister Alexander Novak dismissed Ukraine's claims that Moscow plans to block gas transit to Europe, saying on Wednesday that the assertions are groundless.

Iraq's Southern Oil Exports Fall in August

Iraq's oil exports from its southern terminals so far in August have fallen by about 140,000 barrels per day, according to loading data and industry sources, dropping

SBI Offshore Negotiating Contract for Rig Builds

SBI Offshore Limited has announced that the Middle East-Chinese consortium, which recently awarded its subsidiary a contract to provide design and engineering services for a jack-up drilling rig,

Brazilian PSVs Get Rolls-Royce Offshore Cranes

Rolls-Royce signed a contract with Detroit Chile SA to supply offshore cranes to nine Platform Supply Vessels (PSVs) presently under construction at Detroit Brasil Ltda.

ABS to Class First Self-elevating Unit Built in Qatar

ABS, a provider of classification services to the global offshore industry, was selected by Nakilat-Keppel Offshore & Marine (N-KOM) to class its LB310S liftboat,

Dearth of Oil Finds Threaten Supplies, Price

Oil discoveries hit new lows in 2013, 2014; oil firms cutting spending, including exploration. Spending cut could hit oil price with a lag. Costs soar, making many project unviable.

Ukraine: Russia Planning to Block EU Gas

Ukrainian Prime Minister Arseny Yatseniuk said on Wednesday that Kiev knew of plans by Russia to halt gas flows this winter to Europe. "The situation in (Ukraine's) energy sector is difficult.

CNOOC to Export 100,000 T Oil Products in H2

CNOOC to export diesel, gasoline, kerosene or naphtha in H2; volumes likely to be in 10,000 T parcel sizes. China National Offshore Oil Corp (CNOOC) has received

Mexico's Energy Reform May Spur Oil Production 75%

Energy reform could increase Mexico’s long-term oil production by 75%, considers the US Energy Information Administration (EIA). On August 11, Mexico's president

Rock On: UK's Kent Beach Flood Defence Starts

Rocks are being delivered as work by Van Oord starts on the £30m scheme to protect 1,400 properties at Broomhill Sands Coastal Defence Scheme in Kent, informs UK's Environment Agency.

Port of Long Beach Chooses APS Crane OCR System

APS Technology Group, a member of the ABB Group and a leading provider of optical character recognition (OCR) and process automation technology solutions for marine and intermodal container terminals,

Chile Copper Mine Workers Plan One-day Strike

Contract workers at Chilean copper mines are planning a one-day strike next month, demanding changes to labor laws, a union head said on Tuesday. The stoppage on Sept.

CMB Cancels Order with S.Korean Shipbuilder

Belgian dry bulk shipping group CMB said on Tuesday it had cancelled an order for four vessels with South Korean shipbuilder Samjin set to be delivered in 2014.

MES, HPC to Build Furnaces for ExxonMobil Petrochemical Project

Partner companies Mitsui Engineering & Shipbuilding Co., Ltd. (MES), and Heurtey Petrochem (HPC), have accepted ExxonMobil Chemical Company’s contract offer for

Statoil Claims Mokul Nordic for North Sea Charter

Nordic Maritime’s latest fleet addition wins first work with energy giant. Nordic Maritime has announced its newest DP2 vessel, Mokul Nordic, has been contracted

GPE Secures MARS Tanker Power Contract

Gresham Power Electronics (GPE), the Salisbury-based defence and commercial power conversion specialist, has secured a £1.18 million order to supply uninterruptible

Next Generation Compressors to the Norwegian Market

ATR Group is set to introduce new compressor technology to the Norwegian market following a £7 million investment in its rental fleet.   The company’s Power

No New Development Plans for Norway Oil Firms

Oil companies on Norway's continental shelf are unlikely to present any development plans for new oilfields this year, a sharp revision from previous expectations,

The Vigorous: Investing in the Future

The largest floating drydock in the United States, the Vigorous, has arrived at Vigor Industrial’s Portland shipyard. What’s happening? Vigor Industrial’s new floating drydock,

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