Sumitomo Metal Industries, Ltd. (Sumitomo Metals) and Sumitomo Corporation have signed a contract on 10th February, 2012 with Ichthys joint venture (INPEX 76% the Operator, Total 24%) for the supply of high strength large diameter welded (UOE) line pipes for the Ichthys LNG Project in Australia and
EnQuest PLC has entered into an agreement with the Kuwait Foreign Petroleum Exploration Company (‘KUFPEC’), by which EnQuest will farm out a 35% interest in EnQuest’s Alma and Galia oil field developments (‘Alma/Galia’) to KUFPEC. Under the agreement, which is subject to regulatory approvals, KUFPEC
Essar Ports Limited (“Essar Ports”), one of the largest private sector port companies of India, today announced the creation of a long-term strategic alliance with Port of Antwerp International (“PAI”) and aninvestmentof approx. Rs 175 croreby PAI in Essar Ports. PAI is the international investing a
Japan’s Sumitomo Metal Industries, Ltd. (Sumitomo Metals) and Sumitomo Corporation have signed a contract on 10th February, 2012 with Ichthys joint venture (INPEX 76% the Operator, Total 24%) for the supply of high strength large diameter welded (UOE) line pipes for the Ichthys LNG Project in Austra
Premier Oil has signed a sale and purchase agreement (SPA) with Skeie Energy AS to acquire a 20 per cent equity interest in PL407 and a 40 per cent equity interest in the adjacent PL406 licence on the Norwegian Continental Shelf. This will increase Premier’s stake in the Bream project to 40 per cent
Plans made between Germany’s government, the federal energy network and grid companies to distribute renewable energy by constructing new electricity lines by 2022 will allow the country to safely shift from nuclear power to renewables. According to Reuters, the plan involves an investment of tens o
Dung Quat Shipyard (DQS), on 24th May 2012, together with the ship Owner and ABS Registry successfully performed the sea trials for the 104.000 DWT Crude Oil Tanker named PVT MERCURY built for the Petrovietnam Transportation Corporation (PVTrans). The 104,000 DWT crude oil tanker is the first big de
The Board of Directors of Alam Maritim Resources Berhad announced that its wholly owned subsidiary, Alam Maritim (M) Sdn Bhd, has received a letter of award from ExxonMobil Exploration and Production Malaysia Inc (EMEPMI) and the parties have signed a Charter Party Agreement for the provision of one
Malaysia’s offshore services provider Alam Maritim (M) Sdn Bhd, and ExxonMobil Exploration and Production Malaysia Inc have signed a Charter Party Agreement for the provision of an accommodation vessel. The contract is for a primary period of eighteen (18) months with an extension option exercisable
In addition to the successfull realization of its cable hang-off system, Vos Prodect Innovations is looking for additional features to satisfy the new requirements of the offshore wind farm projects. Project developers are setting additional firm requirements that have to be met and relevant systems
Russian search and rescue vessel Igor Belousov, which will perform search, rescue and salvage of submarines in distress, will be equipped with two submersibles. The vessel will receive two ARS-600 two-seat unique deepwater submersibles. The Russian Defense Ministry made a decision in 2011 that the S
The Suez Canal Container Terminal (SCCT) received and worked the first eastbound call of the new ABX (Asia – Black Sea Express) Service operated by the G6 Consortium, comprised of APL, Hapag-Lloyd AG, Hyundai Merchant Marine, Mitsui O.S.K Lines, Nippon Yusen Kaisha and Orient Overseas Container Line
CAMAC Energy Inc. today announced that it has signed Petroleum Exploration, Development & Production Licenses with The Gambia for two previously awarded offshore exploration blocks, A2 and A5 (“the Blocks”). The Blocks, which are contiguous, cover a combined area of approximately 2,666 square kilome
EdgeTech welcomes Garry Kozak. Garry joins EdgeTech with over 35 years of experience in the underwater technology field. Respected worldwide for his knowledge in side scan sonars, Garry has extensive hands-on experience with numerous sonar platforms and has traveled the globe performing underwater s
