Penta Technologies, Inc., a leading developer of enterprise software for the construction industry, today announced that Excelerate Energy LP has selected PENTA Software for unified management of its Document and Project Management processes. Excelerate serves a wide segment of the liquefied natural
Representatives from Vietnam and Venezuela’s oil and gas industries officially signed a contract in capital Caracas on June 29 to found the PetroMacareo joint-venture in plot Junin 2 in the Orinoco belt, Venezuela. The ceremony was witnessed by Vietnamese Deputy Prime Minister Hoang Trung Hai and ma
Acteon completed its previously announced acquisition of IOS Holding AS and its subsidiary IOS Offshore AS from Norse Cutting & Abandonment AS. Established in 1986, IOS Offshore is a leading supplier of mooring equipment and services to the Norwegian offshore oil and gas industry. The company has it
Statoil has awarded Aker Solutions a significant part of the frame agreement for inspection services on all of their offshore installations and onshore plants in Norway. The contract period is for four years with options for further extensions up to four years. The yearly volume of the contract will
The most popular beach in Hawaii is due for a partial makeover. State officials plan to restore a portion of Waikiki Beach by taking sand… By Gary T. Kubota [mappress] Source: staradvertiser, July 1, 2010;
A group formed to preserve Capitol Lake issued a report Tuesday calling for a public-private partnership to dredge the lake and tackle … By John Dodge [mappress] Source: theolympian, July 1, 2010;
The maintenace dredging work consists of furnishing one hydraulic pipeline dredge and attendant plant necessary for the removal and satisfactory disposal of shoal material from the lower Mississippi River and Southwest Pass within the limits of work. The estimated time of completion is 135 calendar
Total announces the acquisition of a 20% interest from Shell in the BM-S-54 license in the Santos Basin. Shell holds the remaining 80% and keeps the operatorship. This acquisition is subject to approval from the Brazilian authorities. The offshore block, located about 200 kilometres south of Rio de
Statoil is entering into frame agreements involving maintenance and modification work valued at NOK 49 billion (USD 7,6 billion), options included. The agreements, which have duration of four years with two two-year extension option, will occupy more than 5,000 people during the period. Five compani
Seadrill has taken delivery of the new deepwater drillship West Gemini from the Samsung Shipyard in South Korea. The unit was delivered on budget and one day ahead of original delivery schedule. The vessel will carry out a simulated drilling operation in Korean waters before relocation to Angola in
Brazil’s National Petroleum Agency, or ANP, was notified of the discovery over the weekend. The well also tested positive for oil earlier… [mappress] Source: Mercopress, June 30, 2010;
Statoil is entering into frame agreements involving maintenance and modification work valued at NOK 49 billion, options included. The agreements, which have duration of four years with two two-year extension option, will occupy more than 5,000 people during the period. Five companies have given thei
DP World the global ports business that vowed to go ahead with London Gateway just a few months ago has suspended plans to seek a dual listing on the London Stock Exchange which effectively means it will not attempt to raise money again via this route until its 2010 figures are published next March.
Scottish fishing industry leaders have called for calm heads in the wake of scientific advice recommending a 20% cut to North Sea cod quotas. The Scottish Fishermen’s Federation said the International Council for the Exploration of the Seas suggestion would “kill off businesses”.