Technip Wins Subsea Contract On Triton FPSO
Technip has been awarded a brownfield subsea contract for the Triton(1) floating production storage and offloading (FPSO) vessel, operated by Dana Petroleum, located in the central North Sea. This FPSO vessel is located 193 kilometers east of Aberdeen, at a water depth of approximately 90 meters. It produces oil and gas from different fields –...
CRCC win $600m Egypt rail contract
CRCC (China Railway Construction Corporation) the second largest state-owned construction enterprise, reported that one of its subsidiaries, has been awarded $600 million contract to upgrade the Egyptian national railway. The CRCC has been the builder of more than half of China’s rail links since 1949. This rehabilitation and renewal project contract awarded to CRCC unit...
Drake wins UAE MEP contract
UAE contractor, Drake and Scull, reported that its engineering unit has won a Dh334 million ($90.94 million) deal for mechanical, electrical and plumbing (MEP) works on a hotel being built on the Palm Jumeirah. As part of the agreement, Drake & Scull Engineering (DSE) will complete the supply, installation, testing, commissioning and handover of detailed...
Subsea 7 S.A. awarded contract offshore Brazil
Subsea 7 S.A. (Oslo Børs: SUBC) has been awarded a contract worth approximately USD$200 million with a duration of approximately two years. The contract is for the installation of flexible lines for Petrobras’ projects using Subsea 7’s construction and flex-lay vessel Seven Seas, on a day-rate basis. The vessel has been operating for Petrobras under...
Need For Construction Workers Keeps Building in Australia
Expat builders looking for a chance to start a new life in Australia should pack their bags, because the number of opportunities opening up in the construction industry continues to grow, writes Fiona Mayers. Recent figures from the building and construction survey, carried out by Master Builders Australia, have confirmed that the construction industry is...
Petrofac nets Ichthys LNG gig
Petrofac, the international oil and gas facilities service provider, informed it has been awarded an integrity and maintenance programme development contract by Inpex for the Ichthys LNG project in Australia. Plant Asset Management, the asset performance management consultancy which is part of the Petrofac Group, will complete the work over the next 20 months....
Statoil strikes oil in the Gulf of Mexico
Statoil has made an oil discovery in its Miocene Yeti prospect located in the Gulf of Mexico (GoM) The Maersk Developer drilling rig. “The Yeti discovery expands the proven sub-salt Miocene play further south and west of the Big Foot field,” says Jez Averty, Statoil’s senior vice president, exploration for North America. “We are analysing...
Hanwha Group win $2.12 Iraq deal
Hanwha Group has signed an order for an additional $2.12 billion in social infrastructure construction for the Bismayah New City project, just four months after the visit of Chairman Seung Youn Kim to Iraq in late 2014. Bismayah New City Project is a contract Hanwha Group won from the government of Iraq in 2012 to...
Leighton Awarded WA’s Mitchell Freeway Extension
Leighton Holdings’ company, Leighton Contractors, has been selected by Main Roads Western Australia to deliver a six kilometre extension of the Mitchell Freeway in Perth’s North-West corridor. The contract, for the design and construction of the freeway, will generate revenue of approximately $160 million. The Mitchell Freeway Extension from Burns Beach Road, Joondalup to Hester Avenue, Clarkson will improve...
Oil discovery near Gatwick airport
Apparently there could be up to 100 billion barrels of oil onshore beneath the South of England, says exploration firm UK Oil & Gas Investments. They drilled a well at Horse Hill, near Gatwick airport last year and analysis of the well suggests the local area could hold 158 million barrels of oil per square...
Siem Offshore Win €100m Subsea Cable Job
As the offshore oil and gas sector continues to struggle, offshore contractors and ship owners like Van Oord and Siem Offshore are expanding their business models into the offshore wind sector, an area that continues to see significant investment. Siem Offshore Contractors have announced a contract win worth upwards of 100 million euro for the...
Thales wins role on Taipei’s new tram
French multinational Thales has won an $18.3m (€17m) contract for the design and manufacture of signalling, communications and control centre systems for the Danhai Light Rail Transit project, Taiwan’s second tramway line and one of the first tramway projects in Asia Pacific. Taiwan’s local industry giant China Steel Corp. along with its subsidiaries United...