Tag: offshore
Irish Sea gas contract
US-based Burlington Resources has awarded a GBP 55 million pound engineering contract in its Rivers Fields natural gas venture in the Irish Sea.
Aker Maritime wins engineering contract
Brazilian state oil company Petrobras has awarded Aker Maritime a contract for preliminary engineering for one deepwater platform, with an option for engineering of one additional platform. The preliminary engineering of the first platform has in itself a value of approximately USD 8 millions.
Brunei gas development
Technip-Coflexip has recently won a contract from Brunei Shell Petroleum Co. for its Egret Phase 1 Gas Development Project, offshore Brunei.
Algerian gas line
The construction of a USD 1.5 billion subsea gas pipeline to export power to Spain and a viability study on the establishment of a trans-Mediterranean electricity export link to Italy are included in the Algerian Energy Company's (AEC) plans for a portfolio of power projects for which it is looking to raise USD 12.2 billion.
Unocal shifts to deepwater and development
Unocal Corporation says it expects capital expenditures for 2002 of approximately USD 1.7 billion, essentially unchanged from 2001.
SMOE secures Maersk contract
Maersk Oil and Gas, a member of Danish group AP Moller, has awarded SMOE, the oil and gas division of SembCorp Utilities, its first North Sea offshore oil production platform contract.