A free webinar will deliver latest forecasts and market intelligence for the global floating production industry, offering insider access to business and investment opportunities in the deepwater sector.Floating Production Systems: 2020 Forecasts & Analysis, presented by ABS and World Energy Reports, will be held July 29, 2020, 11 a.m. (EDT). REGISTER HERE.The effects of the COVID-19 crisis and oil supply glut continue to seriously dampen investment appetite in the oil and gas sector…
Enterprise Products Partners on Tuesday said it expects to have two contracts for its proposed deepwater oil export terminal by May 31 and reach a final investment decision before year-end.Enterprise's ambitious Sea Port Oil Terminal (SPOT)…
Enterprise Products Partners said on Tuesday it had received a deepwater port license for its Sea Port Oil Terminal (SPOT) in the Gulf of Mexico from an agency of the U.S. Department of Transportation.The project, located near Freeport, Texas…
Transocean, the world's largest offshore drilling contractor, said that its total contract drilling revenues were $792 million (total adjusted contract drilling revenues of $839 million), compared with $784 million in the third quarter of 2019…
International container terminal operating company APM Terminals said that its Poti Seaport Terminal in Georgia has re-initiated the process of obtaining the necessary permits with a firm intention to build the new deep-water multipurpose port in Poti…
Fenix LLC St.Petersburg, owner and operator of Port Bronka, inked an agency agreement with NBG Nouschirvan Beteiligungsgesellschaft mbH Hamburg, to promote the most modern sea port in Russia.Port Bronka is the only deep-water port in St.Petersburg…
The international container terminal operating APM Terminals said that its port of Poti has presented its plans for the creation of a deep-water port to the Government of Georgia.The plans require an investment of over 250 million USD of private…
American seabed exploration company Ocean Infinity has announced the appointment of Paul Helmore as Chief Commercial Officer (CCO).Paul has spent his career to date in business development roles, and brings a track record of managing complex commercial situations and driving international growth…
China and Myanmar are moving ahead with a China-backed deep-sea port project in Kyauk Phyu Special Economic Zone (SEZ) , 250 miles northwest of Yangon.The framework agreement was signed by Myanmar's Deputy Minister of Planning and Finance and…
Norway-headquartered Knutsen NYK Offshore Tankers (KNOT) has concluded a time-charter contract for two shuttle tankers with Equinor ASA for a maximum 20-year period starting in the second quarter of 2020.KNOT is a NYK Group company, in which NYK has a 50 percent share…
Scottish Government identifies Dales Voe in Lerwick in Shetland as “preferred site” for an 'ultra deep water' decommissioning port after UK-wide feasibility study.Scotland’s supply chain could be set to win more large scale decommissioning projects…
Noble Corporation has contracted Kongsberg Maritime to deliver an advanced new real-time monitoring and advisory solution for the Noble Tom Madden drillship.The contract reflects a growing requirement for deep technology integration on drilling platforms and ships…
Solstad Farstad ASA (SOFF) has entered into a contract with Fairfield Industries Inc. for the CSV “Normand Tonjer”. The contract will commence in 3Q 2018 and has a duration of one year firm plus two yearly options.Fairfield will use the vessel…
Swiss commodities trader Trafigura has applied to build a deep-water port in Corpus Christi, Texas, on the Gulf of Mexico, which will be able to load supertankers, reports FT.The report said that the plan would see the commodity house build…
McDermott International announced a contract from Shell Exploration and Production Company, a subsidiary of Royal Dutch Shell (Shell) plc, for subsea umbilical and flowline installation at the Perdido development, located 230 miles south of Galveston…