NPCC, Petrofac JV Bag Al Yasat Offshore Gig
National Petroleum Construction Company (NPCC) and Petrofac, in a joint venture with CNPC, have won a front-end engineering design (Feed) contract from Adnoc Group company Al Yasat Petroleum for the Belbazem Block Development project located offshore in Abu Dhabi.The contract's scope of works includes the submission of a Feed package and proposal for the engineering, procurement, construction, and installation (EPCI) of the facilities, with implementation…
Boskalis Bags Abu Dhabi Gas Pipeline Order
Royal Boskalis Westminster N.V. (Boskalis) has been awarded a contract from the National Petroleum Construction Company of Abu Dhabi, UAE for dredging work related to the installation of an offshore gas pipeline of the Abu Dhabi National Oil Company as well as to an existing offshore gas pipeline. The activities are due to commence in the first quarter of 2016 and will be executed in phases with completion expected in the second half of 2017. Boskalis will…
Wärtsilä Wins Jack-up Barges Contract
Two new jack-up barges ordered by the National Petroleum Construction Company (NPCC), based in the United Arab Emirates, will feature fully integrated Wärtsilä power generation and electrical and automation (E&A) solutions. The SEP 650 and SEP 750 vessels are being built at the Shanghai Zhenhua Heavy Industries (ZPMC) shipyard in Chang Xing Island, China. The contract with Wärtsilä was signed in December 2014. For each vessel Wärtsilä will supply three 8-cylinder Wärtsilä 20 generating sets, an emergency generating set and the full E&A system.
Wärtsilä Solution for Offshore Jack-up Barges
Two new jack-up barges ordered by the National Petroleum Construction Company (NPCC), based in the United Arab Emirates, will feature fully integrated Wärtsilä power generation and electrical and automation (E&A) solutions. The SEP 650 and SEP 750 vessels are being built at the Shanghai Zhenhua Heavy Industries (ZPMC) shipyard in Chang Xing Island, China. The contract with Wärtsilä was signed in December 2014. For each vessel Wärtsilä will supply three 8-cylinder Wärtsilä 20 generating sets, an emergency generating set and the full E&A system.
Canbank Venture Acquires Stakes in Anand Teknow Aids Engineering
Canbank Venture Capital Fund Limited (CVCFL) has picked up approx 5% minority Equity stake in Anand Teknow Aids Engineering India Ltd, a Rs 300 crore closely held Public Limited company manufacturing hi-tech, engineering products for the Oil & Gas sector in India & Gulf. CVCFL has invested Rs 16 crore which will be utilized by the company for expansion of its ball valve plant at Talawade near Pune in India. Anand Teknow (ATAEI) has established itself as…
CVCFL Acquires Stakes in ATAEI
Canbank Venture Capital Fund Limited (CVCFL) has picked up approx 5% minority Equity stake in Anand Teknow Aids Engineering India Ltd, a Rs 300 crore closely held Public Limited company manufacturing hi-tech, engineering products for the Oil & Gas sector in India & Gulf. CVCFL has invested Rs 16 crore which will be utilized by the company for expansion of its ball valve plant at Talawade near Pune in India. Anand Teknow (ATAEI) has established itself as…
