UAE-based MIS Group (Maritime Industrial Services ), a diversified engineering and contracting group focused on the energy sector, announces the signing of a Memorandum of Understanding (MOU) with Kavin Engineering and Services Private Limited, India (Kavin) to form a long term strategic joint ventu
Platform Supply Vessel (PSV) REM Supplier which was built at Drydocks World’s Nanindah shipyard was successfully delivered to REM Offshore, Norway-based shipping company engaged in the oil and gas sector. The vessel was built at one of the three Drydocks World yards located on Batam Island, Indonesi
According to Seabrokers, Technip’s new pipelay vessel Apache II is to install a 14 km rigid steel flowline in deepwater 60 km offshore Ghana. The operation which is due to commence before year end is part of a lumpsum contract awarded by Ghana National Petroleum for a flowline installation on a pipe
Keppel Offshore & Marine Ltd (Keppel O&M), through wholly-owned subsidiaries Keppel Shipyard Limited and Keppel Singmarine Pte Ltd, has clinched new contracts totalling S$240 million (Approximately USD $185 million). These comprise the upgrading of a Floating Production Storage and Offloading (FPSO)
ProSep Inc., dedicated to providing process solutions to the oil and gas industry, announces it was awarded additional funding to pursue the development of its proprietary gas dehydration technology “ProDry” under a Joint Industry Project (JIP) carried-out with Total, Statoil and ConocoPhillips. The
MODEC announces another outstanding milestone for the FPSO Kwame Nkrumah MV21 (Jubilee FPSO) with the official First Oil Ceremony. On November 28, 2010, the FPSO Kwame Nkrumah MV21 achieved commissioning of first oil offshore Ghana. The J-02 well opened at 15:45 hours, GMT. Hydrocarbons reached the
Sources informed ”Globes” that ATP Oil & Gas Corporation has reached an initial agreement to acquire 30% of the offshore Myra and Sarah… [mappress] Source:Globes, December 27, 2010
Magellan Petroleum Corporation has received and accepted a legally binding commitment from its largest shareholder, Young Energy Prize s.a. (YEP), to provide the necessary funds required for MPET’s wholly-owned Australian subsidiary to close out the acquisition from Santos Offshore Pty Ltd (Santos)
MEED reported that state run Abu Dhabi Marine Operating Company has invited international engineering & construction firms to express interest in the development of the offshore Satah al-Razboot field. Contractors were sent letters by Adma-Opco on 12 December, according to a source close to the proj
Isle of Man based Seafox Group announced that they have officially entered into a joint-venture and construction agreement with Keppel FELS in Singapore for the Seafox 5 with delivery scheduled for mid 2012. The Seafox 5 is specifically designed to meet all the requirements in both the Offshore Wind
Total SA (TOT) has agreed to transfer the management of two Angola marginal blocks to state oil company Sonangol, spokesmen for the two … [mappress] Source: WSJ, December 24, 2010;
Cape is delighted to announce that its newly formed “SOCAR CAPE” Joint Venture has been awarded a contract by Amec-Tekfen-Azfen (ATA) Alliance to deliver access services for the fabrication of West Chirag Platform topsides in Azerbaijan. The West Chirag Platform, which consists of a steel jacket in
Niko Resources Ltd. announced that it has reached an agreement with Sonde Resources Corp. (“Sonde”), under which Niko will acquire Sonde’s 25% interest in Block 5(c), located 94 kilometers off the east coast of Trinidad. The transaction is to be satisfied at closing via US $75.5 million in cash, and
Japan Energy Australia is using the RMR® system from AGR Drilling Services to ensure the drilling of its first exploration well in Australia goes as smoothly as possible. In a deal worth an estimated $650,000US, the Riserless Mud Recovery system from AGR DS is being used by Japan Energy on its North
