Tsakos Energy Navigation Limited yesterday announced a three-year time charter extension for the 2007 built, 163,216 dwt, double hull suezmax tanker, Arctic, with the same charterer, a South American state oil company. The charter incorporates minimum and maximum levels and a 50:50 profit split for
Eni Norge AS has received consent to carry out drilling with the Scarabeo 8 mobile drilling facility. The consent relates to the drilling of appraisal well 7122/7 – Goliat, which is part of production licence 229 in Norwegian Barents sea. Water depth at the site is 382 metres. The operation has an e
Power and Water has signed a Memorandum of Understanding with Tenax Energy to build a 2MW tidal energy plant and tidal energy testing centre. The move brings a tropical tidal energy supply for the Top End a step closer. Power and Water’s Manager Sustainable Energy Trevor Horman said Power and Water
Apache Energy Ltd has signed up to use AGR’s Riserless Mud Recovery (RMR®) system. Apache will use the RMR® solution for the first time during batch drilling of six top holes on its Coniston Development, offshore Western Australia, pending receipt of all necessary Government and other approvals for
Coastal Energy Company announces the initial flow rate from the Songkhla A-10 well. The Songkhla A-10 well was completed using an electric submersible pump and is initially flowing approximately 4,000 bopd while still cleaning up. The next well, the A-13, has been spudded and will test the northeast
The Aker Yards-built vessel Island Vanguard, has had various maintenance work done at Ulstein Verft during the last week. “We are always keen to take on after market missions, and we are well equipped to take on most of this type of work on ships,” says service manager Håkon Langeland. “Ulstein Verf
SeaBird Exploration Plc (“SeaBird) SeaBird announced that the Hawk Explorer has been extended by Spectrum ASA for a minimum of 2 months and will work under the new Framework Agreement. SeaBird is a global provider of marine acquisition for 2D/3D and 4D seismic data, and associated products and servi
SeaBird Exploration Plc (“SeaBird) SeaBird announced that the contract for Hawk Explorer has been extended by Spectrum ASA for a minimum of 2 months and will work under the new Framework Agreement. SeaBird is a global provider of marine acquisition for 2D/3D and 4D seismic data, and associated produ
GE Oil & Gas announced that it will supply its gas turbine-driven compressor train technology to Malaysia’s national oil and gas company Petronas for a floating liquefied natural gas (FLNG) facility that is being developed off the coast of Malaysia. The start-up of the FLNG facility is scheduled for
Gas production will start in South Pars gas field phases 17 and 18 this winter, an official said, adding that the gas will then be injected to the national gas grid after treatment at gas processing plants of phases 15 and 16 in Assalouyeh, the onshore installations of the South Pars gas field. Mana
The Board of Directors of Ezion Holdings Limited announced that it has secured a charter contract and a letter of intent to provide two Service Rigs to be used by a Southeast Asian based national oil company to support its oil & gas activities. The charter contract with a value of approximately USD
The Flag Officer Commanding-in-Chief, Western Naval Command, Vice Admiral Shekhar Sinha has commissioned INS Makar into the Indian Navy today. Makar is a Catamaran Hydrographic Survey Vessel and is the first of its kind to be inducted in the Indian Navy. The Vessel is indigenously built by Alcock As
Yesterday the first CNPC made jack-up drilling rig CP-300 was brought into use at the Bohai Bay’s new Panjin Port, Liaoning Province. CNPC Vice President Li Xinhua attended the delivery ceremony and cut the cable. CP-300 jack-up rig, independently designed and manufactured by CNPC Bohai Equipment Ma
Nemesis 5000, the water canon based Anti-Piracy Boarding Deterrent System produced by Dasic Marine Ltd, receives a top accolade in Kuwait. KOTC Engineer and Team Leader of the KOTC Purchasing Group, Nawaf Al-Shatti has been awarded the top prize for pioneering the introduction of the UK manufactured
