Projects

Lupatech S.A., one of the largest Brazilian supplier of products and services for the oil and gas sector, announces to its shareholders and the market the nomination of Mr.

According to Brazil's state-run oil company, Petrobras, two oil and gas production platforms under construction at a southern Brazilian shipyard collided on Saturday after high winds dislodged their moorings. The P-58 and P-63 platforms broke free of their moorings at the Honorio Bicalho shipyard at the port of Rio Grande.

The Panama Canal Expansion is moving forward to reach its goal of bolstering the waterway’s capacity in order to provide a better service to customers.

Wood Group GTS has signed a four-year operations and maintenance (O&M) contract with Entegra Power Group and Sundevil Power Holdings to operate the Gila River Power Station, one of the largest independent power plants in the U.S.

Hess Corporation has announced that it will pursue the sale of its terminal network in the United States. Hess also announced that it will complete its exit from the refining business by closing its Port Reading, New Jersey refinery. “By closing the Port Reading refinery and selling our terminal network, Hess will complete its transformation from an integrated oil and gas company to one that is predominantly an exploration and production company and be able to redeploy substantial additional capital to fund its future growth opportunities,” said John Hess, Chairman and CEO. The terminal network is located along the U.S.

Subsea 7 S.A. has announced an award to its Mexican joint venture from Pemex. The contract, valued at approximately $140 million, comprises the engineering, fabrication and installation of a 16km pipe, two slug catchers and two cantilever structures for the Line 60 Project in the Bay of Campeche.

Statoil has acquired close to 70,000 operated net acres in the liquid rich part of the central Marcellus area. "The US unconventional plays hold a substantial resource base and represent an increasingly important part of future energy supplies,” said Statoil US onshore senior vice president, Torstein Hole.

FMC Technologies, Inc. announced that it has received a subsea equipment order from LLOG Exploration Company, LLC (LLOG Exploration) for their Delta House project.

The Hebron field development offshore Newfoundland and Labrador in Canada was sanctioned by operator ExxonMobil and its co-venturers.

The Indiana Utility Regulatory Commission (IURC) on Dec. 27 modified and approved a settlement agreement reached in the Duke Energy Indiana case involving the revised cost estimate for the new integrated gasification combined cycle facility (IGCC) in Edwardsport, IN.