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Business & Finance

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Project & Tenders
Pazflor FPSO to Head for Angola
Business & Finance

Pazflor FPSO to Head for Angola

The newbuild Pazflor floating production, storage offloading vessel is expected to sail away this month for Total-operated Block 17 in … Source: One India Money [mappress] Source: PrOne India Money, January 13, 2011;

about 15 years ago
Statoil: Natural Gas is Fit to Serve Energy Future of Europe
Business & Finance

Statoil: Natural Gas is Fit to Serve Energy Future of Europe

Today, Monday 17 January, Statoil kicks off a marketing campaign arguing for natural gas to be part of Europe’s energy mix for the long term. It also marks that Statoil has been a reliable gas supplier to Europe for over 30 years based on its production from the Norwegian Continental Shelf. “Natural

about 15 years ago
ConocoPhillips Puts Timor Sea Gas Fields Up For Sale
Business & Finance

ConocoPhillips Puts Timor Sea Gas Fields Up For Sale

ConocoPhillips has put its controlling stake in the big Barossa and Caldita gas fields in the Timor Sea up for sale, throwing into doubt … By Peter Klinger (The West Australian) [mappress] Source: Prosafe, January 17, 2011;

about 15 years ago
Cyprus: Prosafe Announces Rig Utilisation Update for Q4 2010
Business & Finance

Cyprus: Prosafe Announces Rig Utilisation Update for Q4 2010

Rig utilisation in the fourth quarter of 2010 was 61 per cent. MSV Regalia(image) operated for BP at Valhall in Norway until 23 November. Safe Scandinavia operated for Statoil in Norway until the end of October. Before replacing MSV Regalia, Safe Scandinavia adjusted the gangway to correspond to the

about 15 years ago
BP Clinches Four Australian Deepwater Exploration Blocks
Business & Finance

BP Clinches Four Australian Deepwater Exploration Blocks

BP today announced that it has been awarded four deepwater offshore blocks in the Ceduna Sub Basin within the Great Australian Bight, off the coast of South Australia. BP said that it will explore Exploration Permit for Petroleum (EPP) areas EPP 37, EPP 38, EPP 39 and EPP 40 covering an area of 24,0

about 15 years ago
UNX Energy Signs Offshore Namibia 3D Seismic Contract with PGS
Business & Finance

UNX Energy Signs Offshore Namibia 3D Seismic Contract with PGS

UNX Energy Corp., an emerging oil and gas company with offshore interests in the Republic of Namibia, has signed a 3D seismic contract with Petroleum Geo-Services . UNX plans to acquire approximately 1,125 km2 of 3D seismic on the 90%-owned Exploration Licence 2815, consisting of Blocks 2815, 2816 a

about 15 years ago
China to Focus on Accelerating Offshore Wind in Fujian
Business & Finance

China to Focus on Accelerating Offshore Wind in Fujian

China in 2010 became the country with the most installed wind-power capacity, supplanting the United States, industry officials said… (whatsonxiamen) [mappress] Source: whatsonxiamen, January 17, 2011

about 15 years ago
Feds Nominate Fishermen’s Energy to Develop WInd Turbines off Ocean City Coast (USA)
Business & Finance

Feds Nominate Fishermen’s Energy to Develop WInd Turbines off Ocean City Coast (USA)

The U.S. Department of the Interior has nominated a New Jersey company to develop 300 wind turbines off the coast of Ocean City, Md.,… By Hayley Peterson (washingtonexaminer) [mappress] Source: washingtonexaminer, January 17, 2011

about 15 years ago
Norwegian Petroleum Directorate Signs Agreement with Greenland
Business & Finance

Norwegian Petroleum Directorate Signs Agreement with Greenland

The Norwegian Petroleum Directorate (NPD) has signed a framework agreement with the Greenland Bureau of Minerals and Petroleum (BMP) for the exchange of information regarding resource management in the two countries. The agreement was signed by the Director of the BMP, Jørn Skov Nilsen, and Director

about 15 years ago
Russia: Rosneft and BP Form Global and Arctic Strategic Alliance
Business & Finance

Russia: Rosneft and BP Form Global and Arctic Strategic Alliance

BP and Rosneft announced that they have agreed a groundbreaking strategic global alliance. Rosneft and BP have agreed to explore and develop three license blocks – EPNZ 1,2,3 – on the Russian Arctic continental shelf. These licences were awarded to Rosneft in 2010 and cover approximately 125,000 squ

about 15 years ago
UK: Xcite Energy Extends LOI for *Rowan Norway* Jackup-Rig
Business & Finance

UK: Xcite Energy Extends LOI for *Rowan Norway* Jackup-Rig

Extension of Letter of Intent for “Rowan Norway” N-Class Jack-up Rig Xcite Energy announces that its 100% subsidiary, Xcite Energy Resources Limited (“XER”), has entered into an extension to the binding letter of intent (“LOI”) with British American Offshore Limited (“BAOL”), part of Rowan Companies

about 15 years ago
Niko Announces Double Farmout with Repsol Exploration SA Offshore Indonesia
Business & Finance

Niko Announces Double Farmout with Repsol Exploration SA Offshore Indonesia

Niko Resources Ltd. announces that it has reached a Farmout agreement with Repsol Exploration SA (“Repsol”) in which Repsol, through its subsidiaries, will become a joint venture participant in both the East Bula and Seram Production Sharing Contracts (PSC) in Indonesia. As a result of the agreement

about 15 years ago
Norway: Statoil Strengthens its Position in the Barents Sea
Business & Finance

Norway: Statoil Strengthens its Position in the Barents Sea

Statoil and OMV in Norway have entered into an agreement regarding swap of interests in two licences in the Barents Sea. Statoil will take over 15 percent of OMV’s 40 percent interest in production licence 537. The licence was awarded in the 20th licensing round in 2009 with OMV as the operator. Sta

about 15 years ago
Wilhelmsen Ships Service Opens New Office in Tunisia
Business & Finance

Wilhelmsen Ships Service Opens New Office in Tunisia

Wilhelmsen Ships Service has opened a new office in Sousse, south of Tunis and conveniently located between Tunisia’s main ports. The new facility will service a growing market in the region, including vessels calling on Tunisian ports and a number of offshore customers, with Wilhelmsen Ships Servic

about 15 years ago
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