January 27th, 20200Bumi Armada subsidiary Armada Balnaves has had its $283.5m claim against Woodside over a 2016 FPSO contract termination dismissed in the Supreme Court of Western Australia. Armada Balnaves commenced legal proceedings against Woodside Energy Julimar in March 2016 after the offshore oilfield operator cancelled its contract for the ...
January 24th, 20200Australia’s Worley has been awarded the front end engineering design contract for Total’s North Platte field development in the Gulf of Mexico The North Platte field development, located off Louisiana, includes a semi-submersible floating production unit and the project will see Worley design the hull, mooring and subsea...
January 15th, 20200Gentium Solutions from Australia and Damen Shipyards Group have signed a memorandum of understanding (MoU) with the Ministry of Industry of Bangladesh in Dhaka to develop shipbuilding and ship repair capabilities in the south Asian country. The companies will now set about developing a yard for shipbuilding and repair in the country...
January 2nd, 20200Australian compressed natural gas (CNG) company Global Energy Ventures (GEV) has extended a letter of intent (LOI) with CIMC Raffles for the construction of up to eight CNG carriers to June 30. The LOI, entered by GEV and CIMC Raffles in July last year, is based on firm order for four 200 mmscf CNG carriers and options to build...
December 20th, 20190Norway’s Siem Offshore has entered into a contract with an oil and natural gas, exploration and production company in Australia for three anchor handling tug supply vessels. The vessels will support an upcoming drilling campaign, with commencement scheduled in the first quarter of 2020. The contract duration for each vessel is...
December 20th, 20191Every country in the world views their ports as critical to their ability to trade with other nations. This is especially true of Australia, an island country with no land bridges to other nations. Port infrastructure was always considered to be of utmost strategic importance to the wellbeing of the nation. However, building and...
December 12th, 20190Australian live export company Wellard is selling the world's largest purpose-built livestock vessel, the , for $53m to Kuwait’s Al Mawashi, which trades in Australia as Kuwait Livestock Transport and Trading Company (KLTT). Built in 2016, the nine-deck, 189.5 m long Ocean Shearer can carry 20,000 cattle or 75,000 sheep. Wellard...
December 5th, 20194The Australian government is backtracking on its commitment to improve conditions onboard livestock carriers. Dr Lynn Simpson is not impressed. An almost unbelievable turn of events has occurred. Unbelievable if you were not familiar with the draconian thinking of the Australian government. The government that declared an immediate...
December 2nd, 20190Australian CNG project firm Global Energy Ventures (GEV) has commenced a CNG commercialisation study of an offshore in-development oil field in the Brazilian pre-salt region. The field selected is in the Santos Basin, around 200km off Rio de Janeiro, and first oil and gas production is expected in 2020 via an FPSO vessel. The study...
November 28th, 20190Subsea 7 has been had a contract award confirmed by Australia's Woodside for the execution of phase 2 of the Julimar-Brunello project off north Western Australia. This was awarded earlier this year subject to a final investment decision, which has now occurred. The scope of work is to design, procure, install and commission a 22km...
