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Business & Finance

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Existing Petrofac shareholders to receive one EnQuest share for every Petrofac share
Business & Finance

Existing Petrofac shareholders to receive one EnQuest share for every Petrofac share

EnQuest is the combination of Petrofac’s UK North Sea fields with those of Swiss group Lundin Petroleum. It contains assets such… [mappress] Source: Telegraph,April 7,2010

about 16 years ago
Tullow to acquire Heritages’s Uganda Assets for $1.35 billion
Business & Finance

Tullow to acquire Heritages’s Uganda Assets for $1.35 billion

The government has promised to conclude the review of its purchase of Heritage assets in eight weeks. “Heritage has received a letter from the Government stating that it supports Heritage’s sale and transfer of the Disposed Assets and that it will conclude its review of the transaction within eight

about 16 years ago
Shell Temporarily Shuts Down Nigeria’s EA Offshore Field
Business & Finance

Shell Temporarily Shuts Down Nigeria’s EA Offshore Field

Anglo-Dutch oil group Shell said Wednesday it had halted 100,000 barrels per day of output at Nigeria’s EA offshore field in order… [mappress] Source:Hellonews352,April 14,2010;

about 16 years ago
Keppel Offshore Acquires Shipyard in Brazil
Business & Finance

Keppel Offshore Acquires Shipyard in Brazil

Keppel Offshore & Marine Ltd (Keppel O&M), through its wholly-owned Brazilian subsidiary, Navegantes Maritime Construction and Services, has entered into an agreement with Brazil’s TWB Group to acquire the Estaleiro TWB shipyard in Navegantes, Santa Catarina. This acquisition is subject to the fulfi

about 16 years ago
Apache Corp. to Unload $1.05.B on Devon’s U.S. Gulf of Mexico Assets
Business & Finance

Apache Corp. to Unload $1.05.B on Devon’s U.S. Gulf of Mexico Assets

Gulf of Mexico Apache Corp. said Monday it plans to buy Devon Energy Corp.’ s shallow-water oil and gas assets on the U.S. Gulf of Mexico Shelf for $1.05 billion US to extend its reach in that area. The deal with Apache would net Devon about $840 million after taxes, bringing the company to the [&he

about 16 years ago
MAN Diesel Provides Engines for Jan de Nul’s Fall-Pipe and Rock-Dumping Vessel Simon Stevin
Business & Finance

MAN Diesel Provides Engines for Jan de Nul’s Fall-Pipe and Rock-Dumping Vessel Simon Stevin

Construcciones Navales del Norte (La Naval de Sestao) of Spain’s Basque country delivered the “Simon Stevin” to Jan de Nul in February. Driven by a diesel-electric propulsion system comprising a series of MAN Diesel 32/40 engines, the new addition to the Belgian group’s fleet is the world’s largest…

about 16 years ago
Black Marlin starts Seizmic program on Kenya Block L17/18
Business & Finance

Black Marlin starts Seizmic program on Kenya Block L17/18

Black Marlin Energy Holdings Limited announces that Black Marlin Energy Ltd., a subsidiary of the Corporation, East Africa Exploration, a subsidiary of the Corporation and the Operator, and the majority partner of the Kenya offshore concessions L17 and L18, have commenced mobilization of their shall

about 16 years ago
Topaz acquires a new OSV Vessel; Caspian Protector
Business & Finance

Topaz acquires a new OSV Vessel; Caspian Protector

Topaz Energy and Marine yesterday said it has taken delivery of the Caspian Protector vessel to be deployed in Azerbaijan in support of a 10-year $ 225 million ( Dh826m) BP contract. SUPPLIED Caspian Protector is designed for emergency recovery and response, standby duties and fire fighting Another

about 16 years ago
Nordic Maritime (Singapore) Presents new crew Boat Nordic Grace
Business & Finance

Nordic Maritime (Singapore) Presents new crew Boat Nordic Grace

Nordic Maritime has launched its newest crew boat, the 60-man Nordic Grace. The Nordic Grace was built in Malaysia at the NGV Tech ear and was delivered this past March, the company says. She will sail under the Panama flag and has a full sailing speed of 25 knots. Nordic Maritime Pte Ltd (“Nordic”)

about 16 years ago
Subsea 7 inc. gets Installation contract for Nakika Phase III; Gulf of Mexico
Business & Finance

Subsea 7 inc. gets Installation contract for Nakika Phase III; Gulf of Mexico

NaKika BP has awarded Subsea 7 Inc. an installation contract for Gulf of Mexico Galapagos and Nakika Phase III developments. Engineering is to begin immediately at Subsea 7’s Houston office and installation is scheduled late this year using theSkandi Neptune. The Galapagos area and Nakika Phase III

about 16 years ago
Georgina Basin Energy takes a Farmout from Baraka Petroleum
Business & Finance

Georgina Basin Energy takes a Farmout from Baraka Petroleum

HOUSTON, Apr. 7 — Georgina Basin Energy Pty. Ltd., a subsidiary of Australia Energy Corp., took a farmout from Baraka Petroleum Ltd. on the EP 127 and EP 128 permits in the Georgina basin in Australia’s Northern Territory. GBE will fund Baraka’s exploration obligations up to completion of a well on

about 16 years ago
Veripos introduces Apex High-accuracy Positioning solution
Business & Finance

Veripos introduces Apex High-accuracy Positioning solution

Veripos has extended its range of services with the introduction of Apex, a new high-accuracy positioning solution. It is designed to meet all offshore and navigation requirements, including those for seismic exploration, drilling, survey and construction support activities. Complementing the compan

about 16 years ago
Dockwise Announces Seven near-term contracts wins
Business & Finance

Dockwise Announces Seven near-term contracts wins

Dockwise Ltd. today announces seven near-term contract wins for the transportation of four jack-up rigs, jack-up construction vessels… [mappress] Source: Dockwise,April 8,2010;

about 16 years ago
DONG bids to build $1.8 bln offshore wind farm
Business & Finance

DONG bids to build $1.8 bln offshore wind farm

Danish state-owned DONG Energy has bid to build one of the world’s biggest offshore wind parks, a 400-megawatt farm expected to cost 10… [mappress] Source: ibtimes, April 07, 2010;

about 16 years ago
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