Pipe laying operations at the South Pars gas field phases 15 and 16 is near completion, the manager of the SP phases 15 and 16, Abolqasem Noubakhti said. He went on to say that, pipe laying of the phase 16 with 115 kilometers length have been completed while the work in phase 15 is […]
Lundin Petroleum AB (Lundin Petroleum) announced today that the second appraisal well, 16/2-7, has confirmed the extension of the Avaldsnes field approximately 5.5 kilometres south of the 16/2-6 discovery well and 4.5 kilometres south-west of the first appraisal well 16/3-4. The Avaldsnes field is l
BHP Billiton has approved a further US$367 million (BHP Billiton share) investment for the third stage of development of the Newcastle Coal Infrastructure Group’s (NCIG) coal handling facility in Newcastle, Australia. BHP Billiton’s wholly-owned subsidiary, Hunter Valley Energy Coal Pty Ltd, is a 35
GulfMark Offshore, Inc. today announced the initiation of a vessel construction program. The first three vessels in the program will be built by Remontowa Shipbuilding SA in Gdansk, Poland, and consists of two 1000 square meter deck area platform supply vessels of the MMC887CD design and one MMC879C
MEO Australia Limited advises that a contract has been executed with Fugro Multi Client Services Pty Ltd for the acquisition and processing of a 323 km2 3D multi-client seismic survey (‘Zeus 3D survey’) in WA-361-P, in the Carnarvon Basin, offshore Western Australia. WA-361-P is located in close pro
Ushering in a new era in Caribbean ports, APM Terminals has signed a USD $992 million 33-year concession contract with the Costa Rican Government to design, finance, construct, operate and maintain the new Moin Container Terminal (TCM) on the Caribbean coast. 80% of the country’s commerce is handled
Ushering in a new era in Caribbean ports, APM Terminals has signed a USD $992 million 33-year concession contract with the Costa Rican Government to design, finance, construct, operate and maintain the new Moin Container Terminal (TCM) on the Caribbean coast. 80% of the country’s commerce is handled
Bourbon released solid first half results with significant recovery in activity: +18.8%,sharp increase in EBITDA (+19.3% sequentially) to 142.1 million euros,net loss,group share of 21.4 million euros owing to the change in the dollar exchange rates, generating 30.5 million euros in net financial ex
Reliance Industries Limited (RIL) and BP announced the completion of BP’s acquisition of a 30 per cent stake in 21 oil and gas production sharing contracts (PSCs) that Reliance operates in India, including the producing KG D6 block. This significant step will commence the planned alliance which will
Chevron Australia Pty Ltd today welcomed environmental approval of the Chevron-operated Wheatstone Project by the Western Australian Minister for the Environment, The Honourable Bill Marmion, MLA. Roy Krzywosinski, managing director, Chevron Australia, said, “We welcome State Government environmenta
Through its Brazilian subsidiary, Norskan Offshore, DOF has signed a contract with Petrobras for Skandi Botafogo. The contract will commence in third quarter 2011 and has a firm duration of 2 years. Skandi Botafogo is an AHTS of UT 722 L design built in Brazil in 2006. Anchor Handling Tug Supply Ves
The Panama Canal Authority (ACP) and Philadelphia Regional Port Authority (PRPA) renewed their partnership with the signing of a Memorandum of Understanding (MOU). First signed in 2009, the MOU, which is renewable for five years, seals both entities’ commitment to economic growth and best customer p
Electromagnetic Geoservices ASA (EMGS) has entered into an agreement to acquire OHM Surveys Holding AS (OHM), a marine electromagnetic (EM) acquisition company, from certain funds controlled by Sector Asset Management and Seatrans Group (Euro Trans Skips AS) for USD 15.75 million in a stock-for-stoc
Under it’s five-year Indefinite Delivery Indefinite Quantity (IDIQ) contract with US National Oceanic and Atmospheric Administration (NOAA), Fugro Pelagos Inc. have commenced surveying operations around the Aleutian chain’s Krenitzin Islands, Alaska in late July 2011. This 36 day program of Multi Be
