Höegh LNG has, pursuant to a successful private placement, today exercised an option for a new FSRU to be built at Hyundai Heavy Industries Ltd. in Korea. The FSRU will be delivered in the second quarter of 2014, and its specifications will be adapted to comply with relevant project requirements. Höegh LNG’s President and CEO, [...]
February 3, 2012 | Posted in
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Searcher Seismic, an Australian-based company focused on either reprocessing existing regional datasets or acquiring new seismic data has begun with the Mariner 2D Non-Exclusive Seismic Survey. The survey comprises 3,100km of long offset 2D non-exclusive seismic data and 9,700km of reprocessing. Over 1,600km of new data has already been acquired. The survey is located in the Browse Basin, [...]
February 2, 2012 | Posted in
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Engineering and construction company Clough Limited today announced the award of an approximate A$350 million (USD 375 million) contract for the offshore hook-up and commissioning component of the Chevron-operated Wheatstone Project. The services will be provided over a 40 month period commencing immediately. The agreed scope of work includes the provision of labour, materials and [...]
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Pacific Drilling S.A. has reached an agreement with South Korea’s Samsung Heavy Industries to extend until February 17, 2012 an option to construct a seventh ultra-deepwater drillship. Under the revised terms of the option agreement, the delivery of the drillship will be no later than May 17, 2014. The commercial terms of the option agreement [...]
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SBM Offshore, a Dutch-based global group of companies selling and renting systems and services to the offshore oil and gas industry, has been awarded a contract by the lchthys LNG Project for the engineering, procurement, fabrication and supply of a Turret and Mooring system. This system will be integrated by the client into the lchthys FPSO [...]
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One of Australia’s largest gas producers, Santos, today announced that gas production has commenced from the Wortel project in Indonesia. Wortel was sanctioned in November 2010, and is located in the Sampang Production Sharing Contract (PSC), offshore East Java in Indonesia. The Wortel development includes two gas wells, an unmanned wellhead platform and a 10-kilometre [...]
Octanex N.L. advises that the Operator of the Joint Venture exploring the WA-323-P and WA-330-P permits, Santos Offshore Pty Ltd (Santos), has provided the Company with an update on the latest timing for the drilling of the well on the Winchester prospect. Santos has advised that, due to a later projected delivery of the rig [...]
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GE Oil & Gas has received contracts totaling more than $1 billion to supply a wide range of equipment and services for the Ichthys liquefied natural gas (LNG) project in Western Australia. A joint venture between INPEX (operator) and Total, the Ichthys LNG project includes one of the world’s largest LNG facilities and is based [...]
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A joint venture between Thiess and Belgian company BESIX SA (BEST JV) has won a $260 million contract to develop the breakwater and materials offloading facility (MOF) of the Chevron-operated Wheatstone Project, a liquefied natural gas (LNG) and domestic gas project in Western Australia. Thiess’ local capabilities, paired with BESIX’s international marine expertise, allow the [...]
In regards to media speculation that Woodside is seeking to divest equity in the Browse LNG Development, Woodside released a statement in which it says that the company has not made any decision to reduce its equity in the proposed development at this time. In response to significant interest from a number of parties, Woodside [...]
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