Your Project News latest news from (C), 06 Sep 2012 04:22:35 +0100<![CDATA[Shell to construct world's first oil sands carbon capture and storage (CCS) project]]>

Shell today announced that it will go ahead with the first carbon capture and storage (CCS) project for an oil sands operation in Canada. The Quest project will be built on behalf of the Athabasca Oil Sands Project joint venture owners (Shell, Chevron and Marathon Oil*) and with support from the Governments of Canada and Alberta.

CCS is critical to meeting the huge ... more]]>, 06 Sep 2012 04:22:35 +0100<![CDATA[ROMAR International Secures Seven Figure Contract Extension with Total]]>Aberdeenshire-based oilfield service company ROMAR International has recently been awarded a three year contract extension from Total with potential value in excess of £4million.

The agreement with the oil and gas firm originally began in 2007, with ROMAR supplying swarf removal equipment (for removing metal waste debris from downhole) to several Total platforms ... more]]>, 05 Sep 2012 15:47:47 +0100<![CDATA[Subsea 7 S.A. awarded contract offshore Norway]]>

Subsea 7 S.A. (Oslo Børs: SUBC) announced today the award of the Varg Gas Export Contract from Talisman Energy Norge AS for the development of a gas export pipeline at the Varg field, located 200 km off the Norwegian coastline, West of Stavanger. The contract is valued at approximately $60 million.

The contract is for the engineering, procurement, installation ... more]]>, 05 Sep 2012 10:49:15 +0100<![CDATA[Fugro Seabed Seismic Systems awarded Ocean bottom node survey program]]>
Fugro Seabed Seismic Systems has reached agreement with a major oil and gas company for an Ocean Bottom Node (OBN) program in various regions. This is an extension to the previously announced program in the Gulf of Guinea. With this agreement, the seismic Ocean Bottom Node activity has approximately 20 months of backlog.

Source: more]]>, 05 Sep 2012 10:26:55 +0100
<![CDATA[SNC-Lavalin awarded epcm contract for Antucoya project in Chile]]>SNC-Lavalin (TSX: SNC) has been awarded a contract by Minera Antucoya SA, a subsidiary of Antofagasta Minerals SA (AMSA), to provide overall management, detailed engineering, procurement and construction management (EPCM) services for the Antucoya project in Chile.

Antucoya is located in the country’s Antofagasta region, 125 km northeast of Antofagasta. It will ... more]]>, 05 Sep 2012 09:52:50 +0100
<![CDATA[Raytheon receives $230 million contract for SM-3]]>

The Missile Defense Agency awarded Raytheon Company (NYSE: RTN) a $230 million contract for 14 Standard Missile-3 Block IA missiles and five SM-3 Block IB missiles. The SM-3 Block IA missiles will bolster the nation's inventory that is deployed around the world today aboard U.S and Japanese Navy ships.

Designed to destroy short- to intermediate-range ballistic missile ... more]]>, 05 Sep 2012 09:38:46 +0100<![CDATA[KBR subsidiary GVA signs license agreement for fabrication of tailor-made drilling unit]]>

KBR (NYSE: KBR) announced today that its subsidiary GVA has signed a license agreement with Daewoo Shipbuilding & Marine Engineering Co Ltd (DSME) in Korea for the fabrication of its GVA 4000NCS, CatD Drilling Unit. The concept for the unit is tailor-made by the industry for Statoil primarily for drilling production and well completion in mature fields.

“This ... more]]>, 05 Sep 2012 05:58:23 +0100<![CDATA[IHC Hydrohammer to supply largest piling hammer for Seaway Heavy Lifting]]>IHC Hydrohammer®, part of IHC Merwede, has been awarded a contract by Seaway Heavy
Lifting to design and manufacture the S-2500 piling hammer, which is the largest ever built by the company. IHC Hydrohammer is delighted to be chosen as the supplier of this equipment and the order highlights the strong and reliable cooperation that has developed between the two companies ... more]]>, 31 Aug 2012 16:43:45 +0100
<![CDATA[Foster Wheeler signs three-year upstream consultancy framework agreement with Apache Khalda]]>Foster Wheeler AG (Nasdaq: FWLT) announced today that a subsidiary of its Global Engineering and Construction Group has signed a three-year framework agreement with Apache Khalda Corporation LDC (Apache Khalda) for the provision of consultancy services. Apache Khalda, a subsidiary of Apache Corporation, is one of the leading liquid hydrocarbons and ... more]]>, 31 Aug 2012 11:16:51 +0100<![CDATA[Rosneft and Statoil sign shareholder agreements for Russian offshore exploration joint ventures]]>Rosneft and Statoil today signed Shareholder and Operating Agreements that will establish joint ventures for the four offshore Russian license areas included in the Cooperation Agreement signed by the two companies on May 5, 2012. The license areas in question are Perseevsky in the Barents Sea and Kashevarovsky, Lisyansky and Magadan 1 in the Sea of Okhotsk.

The agreements ... more]]>, 31 Aug 2012 11:06:45 +0100