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Business & Finance

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OVL Acquires Stake in Kazakhstan Offshore Block
Business & Finance

OVL Acquires Stake in Kazakhstan Offshore Block

Videsh Limited signed definitive agreements for acquisition of 25% participating interest in Satpayev exploration block with KazMunaiGas, the national oil company of Kazakhstan on16thApril, 2011 at Astana, Kazakhstan in presence of Hon’blethe Prime Minister of India and the President of Kazakhstan.

about 15 years ago
Endeavour Announces Agreement of Commercial Terms for East Rochelle (UK)
Business & Finance

Endeavour Announces Agreement of Commercial Terms for East Rochelle (UK)

Endeavour International Corporation announced agreement of commercial terms for the processing and transportation of East Rochelle production on the Scott Platform, in the Central North Sea. Endeavour, operator of the East Rochelle, plans to award contracts and commence construction of the productio

about 15 years ago
SSE Sells 3 Wind Farms and Plans to Invest into Running Projects (UK)
Business & Finance

SSE Sells 3 Wind Farms and Plans to Invest into Running Projects (UK)

It seems that the Perth-based power company, Scottish and Southern Energy (SSE) is on the mission of grabbing a massive market share in the… (topnews) [mappress] Source: topnews, April 18, 2011

about 15 years ago
Transfield Worley Services Wins USD 65 Million HUC Deal, Offshore Western Australia
Business & Finance

Transfield Worley Services Wins USD 65 Million HUC Deal, Offshore Western Australia

Transfield Worley Services (TWS) – the 50/50 joint venture between Transfield Services and WorleyParsons – today signed a $65 million contract to provide Hook-Up and Commissioning (HUC) services for Woodside operated, North West Shelf Project’s North Rankin B Platform, located approximately 135 kilo

about 15 years ago
Keppel FELS Secures Contract for SEAFOX 5 MPSEP Wind Turbine Installation Vessel (Germany)
Business & Finance

Keppel FELS Secures Contract for SEAFOX 5 MPSEP Wind Turbine Installation Vessel (Germany)

The KFELS MPSEP vessel will be deployed for foundation works at DanTysk in the German Sector of the North Sea, starting 4Q2012. Keppel FELS Limited announces that a contract from the joint-venture Aarsleff Bilfinger Berger (ABJV) Dan Tysk, worth in excess of EUR 35 million, has been secured for SEAF

about 15 years ago
Singapore: PT Elnusa, CGGVeritas JV Put Seismic Vessel into Service
Business & Finance

Singapore: PT Elnusa, CGGVeritas JV Put Seismic Vessel into Service

PT Elnusa Tbk. in a joint venture with CGGVeritas commissioned a seismic vessel on Sunday, 17thApr’11 at Raffles Marina, Singapore. Both companies established a JV (Joint Venture) Company named PT Elnusa-CGGVeritas Seismic to operate the seismic vessel, which has been designed and outfitted to condu

about 15 years ago
Songa Secures Contract for Use of Songa Mercur for Drilling Offshore Sakhalin Island (Russia)
Business & Finance

Songa Secures Contract for Use of Songa Mercur for Drilling Offshore Sakhalin Island (Russia)

Songa Offshore announces that a firm contract for the use of Songa Mercur has been agreed and signed with Gazflot LLC, a Gazprom subsidiary. The contract covers the use of the Songa Mercur for Gazflot’s upcoming drilling campaign offshore Sakhalin Island during the 2011 summer season. The rig is cur

about 15 years ago
Elnusa and CGGVeritas Launch Seismic Vessel (Singapore)
Business & Finance

Elnusa and CGGVeritas Launch Seismic Vessel (Singapore)

PT Elnusa Tbk. in a joint venture with CGGVeritas commissioned a seismic vessel on Sunday, 17thApr’11 at Raffles Marina, Singapore. Both companies established a JV (Joint Venture) Company named PT Elnusa-CGGVeritas Seismic to operate the seismic vessel, which has been designed and outfitted to condu

about 15 years ago
Deep Down Releases 2010 Annual Results (USA)
Business & Finance

Deep Down Releases 2010 Annual Results (USA)

Deep Down, Inc. an oilfield services company specializing in products and services for the deepwater and ultra-deepwater oil and gas industry, announced a net loss of $2.8 million for 2010, excluding a $10.1 million non-cash loss on contribution of the net assets of a wholly-owned subsidiary to a jo

about 15 years ago
UK: Endeavour Expects First Production from East Rochelle in 2012
Business & Finance

UK: Endeavour Expects First Production from East Rochelle in 2012

Endeavour International Corporation today announced agreement of commercial terms for the processing and transportation of East Rochelle production on the Scott Platform, in the Central North Sea. Endeavour, operator of the East Rochelle, plans to award contracts and commence construction of the pro

about 15 years ago
Maine Firms Secure Technology Grants (USA)
Business & Finance

Maine Firms Secure Technology Grants (USA)

The Maine Technology Institute has awarded two Maine firms nearly $900,000 in grants to develop innovative technologies in the state. By J. Hemmerdinger (kjonline) [mappress mapid=”3326″] Source: kjonline, April 18, 2011

about 15 years ago
Maine Firms Secure Technology Grants (USA)
Business & Finance

Maine Firms Secure Technology Grants (USA)

The Maine Technology Institute has awarded two Maine firms nearly $900,000 in grants to develop innovative technologies in the state. By J. Hemmerdinger (kjonline) [mappress mapid=”3326″] Source: kjonline, April 18, 2011

about 15 years ago
Subsea 7 Wins Contract for Subsea Pipeline Installation Services for Ormen Lange Field (Norway)
Business & Finance

Subsea 7 Wins Contract for Subsea Pipeline Installation Services for Ormen Lange Field (Norway)

Subsea 7 S.A. announced the award of a contract with A/S Norske Shell for subsea pipeline installation services for the Ormen Lange Northern Field Development – Mid North Project in the Norwegian Sea. The work is the first call-off under Subsea 7’s Frame Agreement with Shell for Pipeline Installatio

about 15 years ago
Gazflot Hires Songa Mercur Rig for Drilling Offshore Sakhalin Island, Russia
Business & Finance

Gazflot Hires Songa Mercur Rig for Drilling Offshore Sakhalin Island, Russia

Songa Offshore announces that a firm contract for the use of Songa Mercur has been agreed and signed with Gazflot LLC, a Gazprom subsidiary. The contract covers the use of the Songa Mercur for Gazflot’s upcoming drilling campaign offshore Sakhalin Island during the 2011 summer season. The rig is cur

about 15 years ago
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