Image - Chevron Adds New Drillship to Deepwater Operations in the Gulf of Mexico

Chevron Adds New Drillship to Deepwater Operations in the Gulf of Mexico

Chevron Corporation (NYSE: CVX) today announced that the Pacific Sharav, a deepwater drillship built to Chevron's specifications, has arrived in the Gulf of Mexico to work under a five-year contract with Pacific Drilling. The Pacific Sharav is an upgraded Dual-Load-Path, Samsung-12000-design, dynamically-positioned drillship, specially modified to accept a Dual Gradient Drilling System, and able to operate in moderate environments and water de...

Oil and Gas - Oct 17, 2014


Image - Teledyne Awarded Major Marine Defense Electronics Contract

Teledyne Awarded Major Marine Defense Electronics Contract

Teledyne Technologies Incorporated (NYSE:TDY) today announced that its Teledyne Oil & Gas group has been awarded a contract by General Dynamics Electric Boat of Groton, Connecticut, for materials and engineering support covering electrical and fiber optic interconnect assembly hardware primarily from Teledyne’s DGO business unit based in Portsmouth, New Hampshire. This contract represents the largest single award in the fifty-plus-year history...

Oil and Gas - Oct 16, 2014


Image - KBR Daewoo Consortium Wins FLNG FEED Contract/Competes for EPCIC

KBR Daewoo Consortium Wins FLNG FEED Contract/Competes for EPCIC

KBR Inc. (NYSE: KBR) announced today that the KD Consortium, consisting of KBR and Daewoo Shipbuilding & Marine Engineering Company, Ltd (KSE: DSME), has been awarded a front end engineering design (FEED) contract by Eni East Africa SpA for a floating liquefied natural gas (FLNG) facility for the Coral South Development Project located in Mozambique. With the award, the KD consortium will be one of three consortia competing for the engineering...

Natural Gas & LNG - Oct 16, 2014