Contracts News


Pacific Drilling Extends Utra-Deepwater Drillship Option

Dec 19, 2012

Pacific Drilling S.A. agrees with Samsung Heavy Industries to extend an option to construct an eighth ultra-deepwater drillship.The contractual option has been extended until January 18, 2013, on the same commercial terms, including delivery scheduled for the first quarter of 2015…

Australian Offshore LNG Project Chooses Intergraph Software

Dec 19, 2012

Intergraph® SmartPlant® Enterprise selected by operator, Inpex, to manage information for mega-project, Ichthys LNG.Inpex has implemented SmartPlant Enterprise solutions for the Ichthys LNG Project, including SmartPlant Enterprise for Owner Operators (SPO) as its information management system…

Indian FPSO Finance Secured by Malaysian Operator

Dec 19, 2012

Bumi Armada Berhad secures syndicated Indian banks term loan facilities of up to US$276.4-million for FPSO 'Armada Sterling'.Malaysia-based international offshore oil and gas services provider, company Bumi Armada Berhad announced today that its jointly controlled entity…

Gilat SatCom System Ordered for a SE Asian Navy

Dec 19, 2012

Gilat Satellite Networks Ltd contracted to upgrade undisclosed navy's IP-based satellite communications system.As part of the contract, Gilat will deliver redundant SkyEdge II hubs, RF transmission capability and VSAT terminals that offer increased bandwidth efficiency throughout the Navy units…

European Commission Finances Renewable Energy Projects

Dec 18, 2012

The Commission has awarded over €1.2 billion to 23 innovative renewable energy technology (RES) projects. The projects cover a wide range of renewable energy technologies from bioenergy (including advanced biofuels), concentrated solar power and geothermal power to wind power…

Australia Takes Steps to Improve Pollution Incident Response

Dec 18, 2012

Australian Maritime Safety Authority (AMSA) & the Commonwealth Scientific and Industrial Research Organisatio (CSIRO) join forces.Under a Memorandum of Understanding, ASMA will draw on the scientific knowledge and technical support of CSIRO before…

Cleveland-Cuyahoga County Port Approves 2013 Budgets

Dec 18, 2012

2013 budgets approval reflects strong financial performance & commitment to investments tied to its Strategic Action Plan. In 2013, the Port intends to continue improving its business lines by attracting more projects to its Foreign-Trade Zone and development finance programs…

Subsea South Africa ExxonMobile Exploration

Dec 18, 2012

Exxon Mobil Corporation affiliate ExxonMobil Exploration & Production South Africa Limited, soon to start search for oil & gas deposits.The Tugela South Exploration Right covers approximately 2.8 million acres offshore Durban on the east…

Dredging Contract Will Aid Fraser River BC Communities

Dec 18, 2012

Vital access channels in the Fraser River in Steveston & Ladner will be kept navigable by a US$ 10-million joint dredging contract.Economic activity in the area will be facilitated as a result of unprecedented collaborative work bringing…

Gulf of Mexico Pipeline Contract for Technip

Dec 18, 2012

Technip wins Discovery System lump sum pipeline installation contract for Discovery’s South Timbalier Block 283 Junction Platform project. David Dickson, Technip’s Senior Vice President, North America Region, declared: “This award is the…

Transocean Fleet Update Summary

Dec 17, 2012

Transocean's fleet update summary includes new contracts, significant changes to existing contracts, and changes in estimated OofS time.The value of new contracts or extensions since the November 18, 2012 fleet update summary is approximately US$119=million…

Dockwise Encouraged by Increased Offer

Dec 17, 2012

Dockwise ltd has taken notice of this morning's release on the agreement between Boskalis Westminster NV ('Boskalis') and Project Holland Fonds whereby the latter has committed to sell their shares in Dockwise for a price of Euro 18 per share…

Diana Enters Time Charter Contracts

Dec 17, 2012

Diana Shipping Inc. (NYSE:DSX) has entered into time charter contracts for three of its vessels.The Company has entered into a time charter contract with Clearlake Shipping Pte. Ltd., Singapore, through a separate wholly-owned subsidiary…

Steering Gear & Rudder System Partnership Formed

Dec 17, 2012

Germany's Hatlapa Uetersener Maschinenfabrik GmbH & Loewe Marine agree collaboration on steering gear and rudder system maintenance & repairs. Hatlapa's global sales and service network will go hand in hand with Loewe Marine's international network of shipping lines…

North Sea Seismic Survey Contracts for Dolphin

Dec 17, 2012

Dolphin Group ASA,  headquartered in Norway, awarded multiple North Sea 3D seismic contracts for 2013.Dolphin has been awarded several contracts for the upcoming North Sea season. The awards are for both 3D and 4D seismic services and will…

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