Tag Archive

McDermott and BHGE awarded contracts for Ichthys Gas Field Development

McDermott and BHGE awarded contracts for Ichthys Gas Field Development

July 31, 2019 No Comments

McDermott International, Inc. (NYSE:MDR) and Baker Hughes, a GE company (NYSE: BHGE) announced that the companies were awarded contracts to provide a joint URF and SPS solution for the INPEX-operated Ichthys Liquefied Natural Gas (LNG) field development, located off the northwest coast of Western Australia. McDermott and BHGE were awarded a joint URF and SPS […]

TechnipFMC Awarded Significant Subsea Contracts in India

TechnipFMC Awarded Significant Subsea Contracts in India

July 1, 2019 No Comments

TechnipFMC (NYSE: FTI) (PARIS: FTI) has been awarded significant(1) subsea contracts by Reliance Industries Limited for the MJ1 field located in deep water offshore India in the Krishna Godavari basin. These contracts cover the fabrication and installation of flexible risers, rigid and flexible flowlines and umbilicals. Arnaud Pieton, President Subsea at TechnipFMC, commented: “We are […]

Wood announces disposal of non-core conveyor systems business

Wood announces disposal of non-core conveyor systems business

March 25, 2019 No Comments

Wood today announces further progress with its non-core asset disposal programme having agreed the sale of its Terra Nova Technologies business, a conveying and material handling systems solutions business, to Cementation Americas, a business owned by Murray & Roberts Holdings Ltd. Cash proceeds in respect of the disposal will be $38m, representing a multiple of […]

Milaha Unveils Plans to Upgrade its Shipyard in Mesaieed

Milaha Unveils Plans to Upgrade its Shipyard in Mesaieed

December 16, 2018 No Comments

Milaha, has selected Royal HaskoningDHV, a leading independent, international project management and engineering consultancy firm based in the UK and the Netherlands, to develop plans to upgrade its Shipyard facilities in preparation for further growth in current markets and expansion into new areas of operations. Since its foundation in 1978, Milaha’s strategically-located Shipyard has repaired […]

Kvaerner wins Sverdrup jacket number four

Kvaerner wins Sverdrup jacket number four

October 31, 2018 No Comments

Kvaerner signed a contract with Equinor for delivery of the steel substructure for the Johan Sverdrup Phase 2 process platform. With this award Kvaerner will deliver the fourth substructure for the Johan Sverdrup Field, one of the world’s largest ongoing offshore projects. The value of the contract is approximately NOK 900 million. The steel jacket […]

Wood Agrees contract with Lucite International

Wood Agrees contract with Lucite International

March 26, 2018 No Comments

Wood has been awarded a new five-year contract by Lucite International UK Ltd, to provide industrial services at the Cassel site in Billingham, Teesside, UK. Onshore fabrication, steelwork, electrical and rigging support services will be provided under the contract, which is effective immediately and includes a two-year extension option. Cassel is the largest methyl methacrylate […]

McDermott and CB&I Announce Organizational Structure for Future Combined Company

McDermott and CB&I Announce Organizational Structure for Future Combined Company

March 13, 2018 No Comments

McDermott International, Inc. (NYSE:MDR) and Chicago Bridge & Iron Company N.V. (NYSE:CBI) announced the selection of the executive leadership team and integrated organizational structure of the combined company, which will be effective upon the close of the transaction. “The plans announced today are important steps to position the combined company to build a common culture, […]

DeepWater Rental &  Supply Delivers to LL&G Construction

DeepWater Rental & Supply Delivers to LL&G Construction

March 7, 2018 No Comments

DeepWater Rental & Supply has completed design and fabrication of a ballast control system for the Pipe Burial System Langostino Owned by LL& G Construction, Inc. The Control System consists of a 10-Station Hydraulic Valve Pack, Inclinometer, heading, Multi Beam Sonar, Pan and Tilt ,12 Level Sensors, utilizing 9 Hydraulically Actuated Valves with a Touch […]

Baker Hughes Awarded Subsea Contract by Petrobel

Baker Hughes Awarded Subsea Contract by Petrobel

September 11, 2017 No Comments

In a signing ceremony hosted by H.E. Eng. Tarek El-Molla, Minister of Petroleum and Mineral Resources for Egypt, Baker Hughes, a GE company (NYSE: BHGE) announced a major subsea contract from Petrobel for phase two of the “supergiant” Zohr Gas Field situated in the Mediterranean Sea, off the Egyptian coast. The project underscores the company’s […]

Subsea 7 awarded contract offshore Australia

Subsea 7 awarded contract offshore Australia

February 28, 2017 No Comments

Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) announced the award of a sizeable contract by Cooper Energy Ltd for the Sole Development Project, offshore Australia The Sole gas field is located in the eastern part of the Gippsland Basin, approximately 40km offshore Victoria, Australia. The contract scope consists of the subsea tie-back of the […]

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