Technip Angola Engenharia Limitada, a joint venture between Technip and Sonangol, was awarded by Total E&P Angola a three-year engineering services contract. This contract covers services for the existing Girassol, Pazflor, Dalia and CLOV floating production storage and offloading (FPSO)…

Scottish ferry operator Caledonian MacBrayne (CalMac) and UK’s Serco Caledonian Ferries have submitted final bids for a GBP 1 billion (USD 1.4 billion) Clyde and Hebrides Ferry Services (CHFS) contract. The CHFS contract, which covers 26-routes, is for providing ferry…

Maritime service provider V.Group has acquired Bibby Ship Management, part of the Bibby Line Group, specializing in ship management and support services. “With the extensive expertise of the Bibby Ship Management team, our ability to offer comprehensive management and support…

Lundin Petroleum is in the process of concluding the drilling of wildcat well 16/4-10, on the Fosen prospect, offshore Norway. The well is dry. The company started drilling the exploration well in January 2016. The well 16/4-10 was drilled by…

China’s shipping giants COSCO Container Lines (COSCON) and CSCL signed a series of leasing contracts of container ships and containers on March 1st, marking the official integration of the two companies in the sector. Under the new deals, from March…

Indonesian oil and gas company PT Pertamina has ordered eight 17,500 DWT tankers from domestic yards for a total of USD 200 million. The three local shipbuilders in charge of constructing the ships will be PT Anggrek Hitam Shipyard which…

Subsea 7 announced on Friday the award of a major contract by BP, and partner DEA (Deutsche Erdoel AG), for the development of the Giza, Fayoum and Raven subsea fields offshore Alexandria, Egypt. Subsea 7 defines a major contract as…

Italy-based oil and gas company Eni has received an approval to construct and install a floating liquefied natural gas (FLNG) facility with a capacity of around 3.4 mtpa at the Coral discovery, offshore Mozambique. The company said that the FLNG…

German container shipping company Hapag-Lloyd has achieved its earnings targets for 2015 and significantly improved its operating result (EBIT) in the fourth quarter of 2015 versus prior year, the company said. Based on the preliminary unaudited figures, Hapag-Lloyd increased operating…

McDermott International has been awarded two new contracts offshore Australia for its new flagship derrick lay vessel, the DLV 2000. The DLV 2000, to be named in April, is a class 3 dynamically positioned vessel combining a 2,200-ton revolving crane…