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Business & Finance

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Aker Solutions Wins LOI From Statoil for Subsea Production System (Norway)
Business & Finance

Aker Solutions Wins LOI From Statoil for Subsea Production System (Norway)

Aker Solutions has been awarded a letter of intent (LOI) by Statoil for the engineering, procurement and construction of a subsea production system for the Fossekall-Dompap project on the Norwegian continental shelf. Aker Solutions estimates the contract value to be approximately NOK 1 billion. Scop

about 15 years ago
Desire Petroleum Appoints Exploration Director for Falkland Islands Operations
Business & Finance

Desire Petroleum Appoints Exploration Director for Falkland Islands Operations

The Board of Desire Petroleum plc announces the appointment of Mr Ken Black as Exploration Director. Aged 51, Ken is a petroleum geoscientist with 30 years experience in the oil industry. He began his career as a geophysicist with BNOC/Britoil before moving to Clyde Petroleum Plc where he became an

about 15 years ago
Statoil Gets Green Light For Plugging of Well in Norwegian Sea Using Scarabeo 5 Rig
Business & Finance

Statoil Gets Green Light For Plugging of Well in Norwegian Sea Using Scarabeo 5 Rig

Statoil has been granted consent to use the mobile facility Scarabeo 5 for permanent plugging of well 6506/11-A-3H in the Norwegian Sea. The well is part of production licence 134B/C and is located on Morvin, about 20 kilometres north of the Kristin field and 15 kilometres west of the Åsgard field.

about 15 years ago
GC Rieber Shipping Enters Into Charter Agreement With MoD for Polarbjorn Vessel (Norway)
Business & Finance

GC Rieber Shipping Enters Into Charter Agreement With MoD for Polarbjorn Vessel (Norway)

GC Rieber Shipping has entered into a three-year charter agreement with the UK Ministry of Defence (“MoD”) for the vessel “Polarbjørn”. The contract commences medio April 2011 and expires in March 2014. The contract with MoD will in combination with the recently announced charter agreement for the C

about 15 years ago
Norway: Siem Offshore Entering Growing Market of Subsea Cable Installations
Business & Finance

Norway: Siem Offshore Entering Growing Market of Subsea Cable Installations

Siem Offshore Inc. (“the Company”) announces that it will enter into the business for submarine cable installation, repair and maintenance projects. The Company has identified the installation of submarine cables and associated services to be an emerging growing market, both with respect to field an

about 15 years ago
Kaikoura Underwater Canyon Becomes Subject of Niwa’s Presentation (New Zealand)
Business & Finance

Kaikoura Underwater Canyon Becomes Subject of Niwa’s Presentation (New Zealand)

The Kaikoura Canyon will be the subject of an in-depth presentation by Niwa tomorrow evening when visiting specialists come to town… (stuff) [mappress] Source: stuff, March 30, 2011; Image: travel

about 15 years ago
Petrobras’ CEO Underpins Attractiveness of Latin America for Energy Market at Conference in Uruguay
Business & Finance

Petrobras’ CEO Underpins Attractiveness of Latin America for Energy Market at Conference in Uruguay

Petrobras CEO, José Sergio Gabrielli de Azevedo, spoke on Tuesday (03/29) about the global energy scene during the 2011 Conference of the ARPEL – Regional Association of Oil, Gas, and Biofuels Sector Companies in Latin America and the Caribbean -, held in Punta del Este, Uruguay. During his address,

about 15 years ago
Siem Offshore to Enter Submarine Cable World (Norway)
Business & Finance

Siem Offshore to Enter Submarine Cable World (Norway)

Siem Offshore Inc. (“the Company”) announces that it will enter into the business for submarine cable installation, repair and maintenance… (siemoffshore) [mappress] Source: siemoffshore, March 30, 2011

about 15 years ago
Australia: Tap Oil Provides Zola Prospect Drilling Update
Business & Finance

Australia: Tap Oil Provides Zola Prospect Drilling Update

Tap Oil Limited provides the following update on the Zola-1 exploration well, offshore Carnarvon Basin, Western Australia. Location / Proposed Depth The Zola-1/Zola-1 ST1 well is located in permit WA-290-P, immediately south of the giant Gorgon gas field in the Carnarvon Basin, Western Australia. Th

about 15 years ago
AFS Transport Gets AEO Status (The Netherlands)
Business & Finance

AFS Transport Gets AEO Status (The Netherlands)

Today both, AFS Transport (Rotterdam) BV & AFS Transport (Airfreight) BV, obtained the AEO status. The AEO certificate was handed over by Dutch customs AEO means Authorized Economic Operator and in order to obtain the status, the company needs to meet the following standards: – To be a solvent compa

about 15 years ago
Iran Plans USD 60 Billion Investment in South Pars Upstream Sector
Business & Finance

Iran Plans USD 60 Billion Investment in South Pars Upstream Sector

The ministry has plans to invest about $90 billion in the upstream and downstream sector of the South Pars gas field in the current Iranian calendar year (started March 21), Iranian Petroleum minister, Dr. Mirkazemi announced. He said that about $60 billion will be allocated to the upstream projects

about 15 years ago
Brazil: OSX Enters LOI with SBM Offshore for Construction of New FPSO
Business & Finance

Brazil: OSX Enters LOI with SBM Offshore for Construction of New FPSO

OSX Brasil S.A. (“OSX”), a Brazilian corporation engaged in the equipment and services sector for the offshore oil and gas industry, by means of integrated operations in shipbuilding, chartering of exploration and production (E&P) units, and operation and maintenance (O&M) services, announces that O

about 15 years ago
Brazil: Petrobras Charters Two AHTS Vessels from Solstad Offshore
Business & Finance

Brazil: Petrobras Charters Two AHTS Vessels from Solstad Offshore

Solstad Offshore ASA (SOFF) has entered into two long term contracts with Petrobras SA for the “Normand Mariner” and “Normand Master” (23.500 bhp AHTS build in -02 and -03). The two contracts have a duration of 4 years firm with an option to extend each contract for an additional 4 more years. The v

about 15 years ago
Converteam Signs Agreement With GE To Become Unique Global Leader In Power Conversion (France)
Business & Finance

Converteam Signs Agreement With GE To Become Unique Global Leader In Power Conversion (France)

Converteam announces today the signing of an agreement with GE pursuant to which the financial Converteam shareholders commit to sell their shares to GE. Pierre Bastid and Florent Battistella will retain a significant shareholding in Converteam after the closing of the transaction. This agreement is

about 15 years ago
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