Subsea 7 awarded Angola EPCI contract by Total

Subsea 7 has been awarded a major contract by Total E&P Angola for the engineering, procurement, installation and commissioning of the subsea flowlines and umbilicals for the Zinia Phase 2 project, offshore Angola. The contract scope includes the tie-back development of two reservoirs to the existing Pazflor FPSO in Block 17. The

BHP is said to get shale bids valuing at up to $9bn

BHP Billiton has received first-round bids for its US shale portfolio from oil majors including BP and Chevron, valuing the unit at $7-billion to $9-billion, people familiar with the matter said. Royal Dutch Shell, partnering with private equity firm Blackstone Group, also submitted a bid for the entire unit late in

Industry Collaboration Lifts Innovation Higher

Better Together Innovation is rooted in collaboration. Take the crazy idea that the Earth is round. Centuries of debate—mostly civil—ensued before Soviet cosmonaut Yuri Gagarin took a short trip into outer space in 1961 and could provide visual confirmation that our planet was not pancake-flat. Even the bizarre notion that humans could

Siemens Delivered Wind Turbine To Transport Vessel ‘Rotra Vente’

Wind turbine manufacturer Siemen’s Wind Power has been delivered its new customized wind turbine transport vessel to fulfill its need for cost effective transportation of large wind turbine parts throughout Europe. Named the Rotra Vente, the 141-meter long vessel is designed to carry multiple 8-megawatt turbine housings (nacelles) per trip from

Technip names Deep Explorer Diving Support Vessel

French oilfield services provider Technip has named its latest newbuild, the diving support vessel (DSV) Deep Explorer, at Vard’s Langsten shipyard in Norway. Technip said on Tuesday that the vessel was officially named on Saturday, November 12, by Heidi Brovoll-Bø, wife of Knut Bø, President of Technip’s North Sea Canada region. The

ABB to Partner with Fluor and Aiden to reduce risk and gain expertise

ABB today launched Stage 3 of its Next Level strategy. The core elements of this include: shaping ABB’s divisions into four market-leading units, including continuing to transform the Power Grids division under ABB’s ownership, accelerating momentum in operational excellence. ABB CEO Ulrich Spiesshofer said, “Over the last two years, ABB has

USD 16.4 trillion needed for grid upgrades worldwide

Good news for the Heavy Lift & Project industry as the U.S. Senator Maria Cantwell has asked the National Academy of Sciences to assist Congress as it considers federal funding for grid modernization. Worldwide the grid needs about USD 16.4 trillion in upgrades over the next 20 years, she said, with

Modularization and Marine Heavy Lift Transport are the Future of International EPC Projects

Written by: Philip Mok Due to the economic downturn and drop in oil prices, companies, in particular oil and energy companies, are under immense pressure to cut costs. With nearly 70 oil and gas projects totaling $380 billion deferred this year, modularization of projects has become an increasingly popular option, as direct project costs can