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Business & Finance

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Project & Tenders
Norway: GDF SUEZ Gets Green Light to Use Transocean Searcher for Drilling and Completion on the Gjøa field
Business & Finance

Norway: GDF SUEZ Gets Green Light to Use Transocean Searcher for Drilling and Completion on the Gjøa field

The Petroleum Safety Authority Norway has granted GDF SUEZ E&P Norge AS (GdF) consent for drilling and completion of wells on the Gjøa field with the mobile drilling facility Transocean Searcher. The consent encompasses drilling and completion of a total of 11 wells, of which five are scheduled for

about 15 years ago
Falkland Islands: Desire Spuds Rachel North Well
Business & Finance

Falkland Islands: Desire Spuds Rachel North Well

Desire Petroleum PLC the oil and gas exploration company wholly focused on the North Falkland Basin, announces that the Rachel North 14/15-2 well was spudded at 10:40 hrs (GMT) on 12 November 2010. A further announcement will be made once drilling is completed. Desire Petroleum plc (Desire) is a UK

about 15 years ago
Ocean Rig UDW Signs LOI for Eirik Raude Platform For Drilling Offshore Falkland Islands
Business & Finance

Ocean Rig UDW Signs LOI for Eirik Raude Platform For Drilling Offshore Falkland Islands

DryShips Inc. , a global provider of marine transportation services for drybulk cargoes and off-shore contract drilling oil services, announced today that its fully-owned subsidiary Ocean Rig UDW Inc. has received a Letter of Intent for the Eirik Raude from a British exploration company. The Letter

about 15 years ago
Norway: Bergen Group Signs LOI for Rebuilding of Seismic Vessel
Business & Finance

Norway: Bergen Group Signs LOI for Rebuilding of Seismic Vessel

Bergen Group has, through its subsidiary Bergen Group AS Halsnøy signed a Letter of Intent on a rebuilding of the seismic vessel “Geowave Master” owned by Master and Commander AS. The LOI includes work project with a total estimated value of NOK 160 – 170 million(Approximately USD$28 million). The v

about 15 years ago
Tap Oil Raises $57 Million to Boost its Thailand and Australia Offshore Projects
Business & Finance

Tap Oil Raises $57 Million to Boost its Thailand and Australia Offshore Projects

Tap Oil Limited announces that the retail component (Retail Entitlement Offer) of its 1 for 2 Accelerated Non-Renounceable Pro Rata Entitlement Offer announced on 14 October 2010 (Offer) has closed. Acceptances for 9,471,912 Shares were received, representing a take up of approximately 24% of the to

about 15 years ago
Ireland: Providence Grants Dragon Licence Option to Star Energy
Business & Finance

Ireland: Providence Grants Dragon Licence Option to Star Energy

Providence Resources P.l.c. („Providence‟), the AIM and ESM listed exploration and production company announced that it has signed a 10 month option agreement with Star Energy Group (“Star”) in relation to its 100% owned and operated Standard Exploration Licence (SEL) 1/07 („Dragon Licence‟) in the

about 15 years ago
Shell Awards EMGS Contract Offshore Philippines
Business & Finance

Shell Awards EMGS Contract Offshore Philippines

Electromagnetic Geoservices ASA (EMGS) has been awarded a contract worth in excess of USD 2 million by the block SC60 joint venture, which is operated by Shell Philippines Exploration BV. The work will be performed shortly from the 3D EM vessel BOA Galatea. This vessel is now fully booked for the re

about 15 years ago
Mermaid In Key Venture to Provide Diving & Marine Services to Offshore O&G Industry in Saudi Arabia
Business & Finance

Mermaid In Key Venture to Provide Diving & Marine Services to Offshore O&G Industry in Saudi Arabia

Mermaid Maritime Public Company Limited announces that its wholly owned subsidiary Subtech Ltd. has entered a joint venture agreement with General Technologies & Systems Co. Ltd. (“Gentas”), a subsidiary of Shoaibi Group and Saudi Trading & Research Co., Ltd. (“Starc”), to form Subtech Saudi Arabia

about 15 years ago
Australia: Shell Gets Federal Environmental Approval for Prelude FLNG
Business & Finance

Australia: Shell Gets Federal Environmental Approval for Prelude FLNG

Federal environment minister Tony Burke today approved, with strict conditions, Shell’s Prelude floating LNG facility in the Browse Basin off the coast of Western Australia. “While there are significant economic benefits to these projects, which must be a consideration in my decision, my focus has b

about 15 years ago
REpower Systems AG Announces 2010/11 Half-year Figures (April 1, 2010 – September 30, 2010)
Business & Finance

REpower Systems AG Announces 2010/11 Half-year Figures (April 1, 2010 – September 30, 2010)

EBIT rises despite decline in revenue Net result climbs 24.6% to EUR 21.8 million In the period from April 1 to September 30, 2010, REpower Systems AG (WKN 617703) generated a total performance of EUR 515.2 million (previous year: EUR 617 million) and group revenue of EUR 499 million (previous year:

about 15 years ago
South Korea: Hyundai Launches Largest FPSO in the World
Business & Finance

South Korea: Hyundai Launches Largest FPSO in the World

HHI today held a naming ceremony for the Usan FPSO, the world’s largest floating production storage and offloading facility. The Usan FPSO can refine 160,000 barrels of oil and 5 million cubic metres of gas daily. It has storage for 2 million barrels of oil. The facility is 320m long, 61m wide, 32m

about 15 years ago
DONG Energy Announces Invitation to Tender Hybrid Capital Bonds for Repurchase and Intention to Issue New Hybrid Capital Bonds (Denmark)
Business & Finance

DONG Energy Announces Invitation to Tender Hybrid Capital Bonds for Repurchase and Intention to Issue New Hybrid Capital Bonds (Denmark)

To strengthen the capital structure and to further secure the capital structure targets DONG Energy A/S announces its intention to issue, subject to market conditions, new callable subordinated capital securities due 3010. At the same time DONG Energy hereby announces an invitation to all holders of

about 15 years ago
New Zealand: Origin Energy Provides Tarapunga-1 Exploration Well Drilling Update
Business & Finance

New Zealand: Origin Energy Provides Tarapunga-1 Exploration Well Drilling Update

Origin Energy advises that the Tarapunga-1 exploration well, that spudded on 5 November 2010, continues drilling operations as planned. The well is being drilled vertically using the semi-submersible drilling rig Kan Tan IV which is being managed for Origin by Australian Drilling Associates (ADA). D

about 15 years ago
Norway: Naming Ceremony of Siem Garnet Vessel
Business & Finance

Norway: Naming Ceremony of Siem Garnet Vessel

The Naming Ceremony of Siem Garnet took place in Ulsteinvik 4th of November at 12 PM. The godmother of this vessel is Maneesha Khanna Eriksrud. Siem Garnet is the 8th ship, out of the total of 10 VS491 CD, that is delivered from Kleven Maritime to Siem Offshore and Singa Star. Siem Opal, the next [&

about 15 years ago
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