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Business & Finance

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Fred. Olsen Energy Orders Ultra-Deepwater Drillship from HHI Worth USD 615 Million (South Korea)
Business & Finance

Fred. Olsen Energy Orders Ultra-Deepwater Drillship from HHI Worth USD 615 Million (South Korea)

A wholly owned subsidiary of Fred. Olsen Energy ASA has entered into a turnkey contract with Hyundai Heavy Industries Co., Ltd. for the building of a new ultra-deepwater drillship with scheduled delivery in 3rd quarter 2013. Total project cost is estimated to USD 615 million (including spare parts,

about 15 years ago
Nido, PNOC-EC JV to Drill Exploration Well in SC63 Offshore Palawan, Philippines
Business & Finance

Nido, PNOC-EC JV to Drill Exploration Well in SC63 Offshore Palawan, Philippines

Nido Petroleum Limited, on behalf of the SC 63 Joint Venture, announces Board approval to enter into the next Sub-Phase of the SC 63 exploration program. Sub-Phase 2b of SC 63, commencing on 24 May 2011, carries a one well commitment to be drilled not later than 24 November 2012 and represents the n

about 15 years ago
Fred. Olsen Energy Orders New Ultra-Deepwater Drillship Worth USD 615 Million at HHI, South Korea
Business & Finance

Fred. Olsen Energy Orders New Ultra-Deepwater Drillship Worth USD 615 Million at HHI, South Korea

A wholly owned subsidiary of Fred. Olsen Energy ASA has entered into a turnkey contract with Hyundai Heavy Industries Co., Ltd. (HHI) for the building of a new ultra-deepwater drillship with scheduled delivery in 3rd quarter 2013. Total project cost is estimated to USD 615 million (including spare p

about 15 years ago
SBM Offshore Receives LoI for New Lease Contract for FPSO Xikomba (Angola)
Business & Finance

SBM Offshore Receives LoI for New Lease Contract for FPSO Xikomba (Angola)

SBM Offshore announces that on behalf of its Joint Venture companies with Sonangol it has received a Letter of Intent (LOI) for twelve year lease and operate contracts from ENI Angola SpA for the block 15/06 development, offshore Angola. The development plan involves relocation of the existing FPSO

about 15 years ago
SBM Offshore Receives LOI from Eni for Long Term Lease of FPSO Xikomba (Angola)
Business & Finance

SBM Offshore Receives LOI from Eni for Long Term Lease of FPSO Xikomba (Angola)

SBM Offshore announces that on behalf of its Joint Venture companies with Sonangol it has received a Letter of Intent (LOI) for twelve year lease and operate contracts from ENI Angola SpA for the block 15/06 development, offshore Angola. The development plan involves relocation of the existing FPSO

about 15 years ago
Fundy Tidal With New Energy Corporation to Develop Tidal Power in Digby Neck and Islands Waters (Canada)
Business & Finance

Fundy Tidal With New Energy Corporation to Develop Tidal Power in Digby Neck and Islands Waters (Canada)

Fundy Tidal Inc., a community-based marine energy developer, has entered into two separate agreements to develop in-stream tidal power… By John DeMings (digbycourier) [mappress] Source: digbycourier, April 15, 2011;

about 15 years ago
Official Naming Ceremony for ‘Bibby Tethra’ Hydrographic Survey Vessel Held in France
Business & Finance

Official Naming Ceremony for ‘Bibby Tethra’ Hydrographic Survey Vessel Held in France

The latest addition to the Bibby Maritime fleet, “Bibby Tethra”, was blessed at an official naming ceremony at Socarénam shipyard, Boulogne-Sur-Mer in France, on April 12. Named after a Celtic mythological creature, the hydrographic survey vessel is 27.5metres long and 10m wide, and is equipped for

about 15 years ago
Companies Show Great Interest in Barents Sea Licences, Norwegian Energy Minister Says
Business & Finance

Companies Show Great Interest in Barents Sea Licences, Norwegian Energy Minister Says

The Norwegian Government has decided to award 24 production licenses in the 21st licensing round. The awards in the 21st licensing round include 12 production licenses in the Norwegian Sea and 12 production licenses in the Barents Sea. “The 21st licensing round will lay a foundation for further expl

about 15 years ago
Keppel Shipyard to Deliver Lewek EMAS FPSO Vessel (Singapore)
Business & Finance

Keppel Shipyard to Deliver Lewek EMAS FPSO Vessel (Singapore)

EMAS Production is set to take delivery of one of Vietnam’s largest Floating Production Storage and Offloading (FPSO) vessels from Keppel Shipyard Limited (Keppel Shipyard), on behalf of owner PV Keez Pte. Ltd (PV Keez). To be managed and operated by EMAS Production, FPSO Lewek EMAS has been charter

about 15 years ago
Premier Oil Vietnam Enters USD 1 Billion Charter Contract for FPSO Lewek Emas
Business & Finance

Premier Oil Vietnam Enters USD 1 Billion Charter Contract for FPSO Lewek Emas

EMAS Production is set to take delivery of one of Vietnam’s largest Floating Production Storage and Offloading (FPSO) vessels from Keppel Shipyard Limited (Keppel Shipyard), on behalf of owner PV Keez Pte. Ltd (PV Keez). To be managed and operated by EMAS Production, FPSO Lewek EMAS has been charter

about 15 years ago
Noble Energy Selects EMAS for Installation of Subsea Equipment at Tamar Field, Offshore Israel
Business & Finance

Noble Energy Selects EMAS for Installation of Subsea Equipment at Tamar Field, Offshore Israel

EMAS, leading integrated support and marine services provider in the offshore oil and gas (O&G) sector and operating brand for Ezra Holdings Limited , secures new subsea and offshore services contracts from the world’s top energy companies. The project from Noble Energy, a leading independent intern

about 15 years ago
Statoil and Sinochem Successfully Close Peregrino Offshore Field Transaction Worth USD 3.07 Billion (Brazil)
Business & Finance

Statoil and Sinochem Successfully Close Peregrino Offshore Field Transaction Worth USD 3.07 Billion (Brazil)

All contracts and approvals related to Statoil’s sale of 40% of the Peregrino field offshore Brazil to Sinochem Group were formally closed on 14 April. Statoil maintains 60% ownership and the operatorship of the field, which safely and efficiently started production last week. The deal, which was fi

about 15 years ago
The Netherlands: Dockwise Sells MV Explorer Vessel
Business & Finance

The Netherlands: Dockwise Sells MV Explorer Vessel

Dockwise Ltd. announces the sale of type IV vessel MV Explorer to optimize the composition of the company’s fleet with an increasing focus on value add cargoes. MV Explorer has been sold to an undisclosed buyer, who previously bought MV Enterprise as well. MV Explorer will be delivered to the buyer

about 15 years ago
Brazil: Statoil Completes USD 3.07 Billion Sale of Peregrino Field Stake to Sinochem
Business & Finance

Brazil: Statoil Completes USD 3.07 Billion Sale of Peregrino Field Stake to Sinochem

All contracts and approvals related to Statoil’s sale of 40% of the Peregrino field offshore Brazil to Sinochem Group were formally closed on 14 April. Statoil maintains 60% ownership and the operatorship of the field, which safely and efficiently started production last week. The deal, which was fi

about 15 years ago
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