Oil & gas news

DNV are to class Dockwise’s new heavy lift vessel, the Dockwise Vanguard, the vessel is the world’s largest heavy lift vessel and can lift weights of to 110,000 tonnes.

Australia Pacific LNG Pty Limited and The Kansai Electric Power Company today signed a binding Heads of Agreement for the sale and purchase of approximately 1 million tonnes of LNG per year for 20 years.

Maersk Drilling has signed a contract with Lundin Norway AS for the Maersk Guardian for exploration drilling in the Norwegian sector of the North Sea.

GDF SUEZ and Petronet LNG Limited have just signed an agreement extending along 2012 under which GDF SUEZ will sell Petronet approximately 0.6 million tons (nine cargoes) of LNG.

Aberdeen-based Wood Group PSN has been awarded a new five-year contract, with an option to extend for a further five years, from Talisman Energy.

Cheniere Energy Partners, L.P. and Bechtel Oil, Gas and Chemicals, Inc. have entered into a lump sum turnkey contract for the engineering, procurement and construction of the first two liquefaction trains at the Sabine Pass LNG terminal.

Foster Wheeler AG announced today that it has signed an engineering, procurement and construction management (EPCm) framework agreement with Qatargas.

Technip was awarded by Lundin Petroleum a lump sum contract, worth approximately € 100 million, for the Brynhild field development. This field, previously known as Nemo, is located in the Norwegian North Sea a few kilometers East of the boundary to UK waters at a water depth of around 80 m.

A £47.5 billion business opportunity is opening up for companies in decommissioning the North Sea’s huge infrastructure of offshore oil and gas fields according to new research to be published by Deloitte and Douglas-Westwood.

Spectrum will commence acquisition of a new 2D multiclient seismic survey in November 2011 which covers several blocks in the northern equatorial margin offshore Brasil.