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Business & Finance

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Equipment
Tunisia: ADX Energy Limited Renews Kerkouane License For Three More Years
Business & Finance

Tunisia: ADX Energy Limited Renews Kerkouane License For Three More Years

ADX Energy Ltd announces that the Government of Tunisia has approved the renewal of the Kerkouane exploration license (“permis de recherche d’hydrocarbures”) and granted three more years for exploration and appraisal activities until 22 February 2014. The exploration license can then be renewed for

about 15 years ago
USA: Apache Spots Oil Sheen Near its Gulf of Mexico Rig
Business & Finance

USA: Apache Spots Oil Sheen Near its Gulf of Mexico Rig

Apache Corporation has been conducting plugging and abandonment operations on East Cameron Block 278 Platform B. The facility is located in water depths of 168 feet approximately 90 miles offshore or 95 miles due south of Cameron, La. At approximately 10 a.m. on Sunday, Jan. 16, Apache workers spott

about 15 years ago
British Ambassador to Brazil Visits Petrobras
Business & Finance

British Ambassador to Brazil Visits Petrobras

Petrobras’ CEO, José Sergio Gabrielli de Azevedo, welcomed the British ambassador to Brazil, Alan Charlton, and the British consul-general in Rio de Janeiro, Paula Walsh, at company headquarters today (01/17). During the visit, they talked about cooperation opportunities in the oil and gas area and

about 15 years ago
Expro Secures Contract Extension in Canada
Business & Finance

Expro Secures Contract Extension in Canada

Leading international oilfield services company Expro has secured a multi-million dollar contract extension to supply offshore well test equipment and services in Newfoundland, Canada. Well test equipment and services are being provided on two offshore rigs for three major operating companies in Eas

about 15 years ago
Noble Corporation Signs LOI for New Drilling Contract; Provides Update on Brazil Operations
Business & Finance

Noble Corporation Signs LOI for New Drilling Contract; Provides Update on Brazil Operations

Noble Corporation announced that a subsidiary has signed a Letter of Intent (“LOI”) with a subsidiary of Royal Dutch Shell plc for a new five and one-half year drilling contract on a newbuild ultra-deepwater drillship that is expected to commence in the second half of 2013. The companies have agreed

about 15 years ago
UK: P&O Maritime Services Announces JV with Bangor University – Prince Madog Research Vessel
Business & Finance

UK: P&O Maritime Services Announces JV with Bangor University – Prince Madog Research Vessel

P&O Maritime Services has acquired a 50% shareholding in a UK incorporated joint venture with the School of Ocean Sciences at Bangor University. Through this venture, known as P&O Maritime Ocean Sciences (POMOS), P&O Maritime Services has joint ownership of the Research Vessel Prince Madog and will

about 15 years ago
Azerbaijan: SOCAR President Receives Statoil Representatives
Business & Finance

Azerbaijan: SOCAR President Receives Statoil Representatives

On Friday,January 14, SOCAR President Mr. Rovnag Abdullayev received the delegation led by Mr. Rune Bjørnson, Executive Vice President of Statoil on natural gas. Saluting the guests, Mr. Abdullayev congratulated them on occasion of the Christmas and New Year, and expressed his best wishes. SOCAR Pre

about 15 years ago
India: Essar Oil Limited Reports Strong Financial Performance
Business & Finance

India: Essar Oil Limited Reports Strong Financial Performance

Essar Oil Ltd (EOL) today reported revenues of Rs 13,809 crore for the quarter ended 31 December 2010, an increase of 21 percent compared to the corresponding quarter in the last financial year. Revenues were boosted by higher crude prices and the refinery’s record throughput. At Rs 827 crore, EBITD

about 15 years ago
Norway: Ship Equip to Install SEVSAT on Varada Marine OSV Fleet
Business & Finance

Norway: Ship Equip to Install SEVSAT on Varada Marine OSV Fleet

Ship Equip and Varada Marine has signed a contract to install SEVSAT on their whole fleet off Offshore Supply Vessels. Varada Marine who has its head office in Kristiansand, Norway has announced plans to become “one of the largest offshore support vessel companies in the world”, and has under way an

about 15 years ago
Russia: Gazprom, Japan Sign Cooperation Agreement
Business & Finance

Russia: Gazprom, Japan Sign Cooperation Agreement

Alexey Miller(Photo), Chairman of the Gazprom’s Management Committee and Tetsuhiro Hosono, Director General of the Agency for Natural Resources and Energy under the Japanese Ministry of Economy, Trade and Industry signed an Agreement of Cooperation. The Agreement envisages preparation of a joint fea

about 15 years ago
Singapore: Sembcorp Wins Newbuilding And Upgrading Contracts Worth $167 Million
Business & Finance

Singapore: Sembcorp Wins Newbuilding And Upgrading Contracts Worth $167 Million

Sembcorp Marine’s subsidiary Sembawang Shipyard has secured a newbuilding and three major upgrading contracts totalling S$215 million(Approximately USD $ 167 million), reinforcing its reputation as a world leading shipyard for ship repairs, ship conversions and specialized offshore newbuildings. The

about 15 years ago
Norway: BP Norge Secures Accommodation Rigs for Valhall Offshore Facility
Business & Finance

Norway: BP Norge Secures Accommodation Rigs for Valhall Offshore Facility

BP Norge AS has exercised two three-month options for the continued use of the MSV Regalia and thereafter Safe Scandinavia (image) at the Valhall offshore facility in the Norwegian sector of the North Sea. The first three months commencing in July 2011 using the MSV Regalia will be in direct continu

about 15 years ago
NWest Energy Extends Exploration Licences Offshore Western Newfoundland
Business & Finance

NWest Energy Extends Exploration Licences Offshore Western Newfoundland

NWest Energy Corp. announces that the Company has elected to extend Period I of each of offshore Exploration Licenses 1097 and 1098 to January 15, 2012 by posting a drilling deposit in the amount of $250,000 for each license with the Canada-Newfoundland and Labrador Offshore Petroleum Board. Failure

about 15 years ago
Norway: Farstad Bags Two PSV Charter Contracts
Business & Finance

Norway: Farstad Bags Two PSV Charter Contracts

Farstad Shipping ASA has, on behalf of wholly owned subsidiaries, been awarded the following charter contracts: PSV Far Symphony(image) (2003, P105, 4.929 DWT) has been awarded a six (6) years firm contract by ConocoPhillips Skandinavia AS for support of their operation in the North Sea. Commencemen

about 15 years ago
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