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
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
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
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
Shares in Maridive and Oil Services took a dip as delays in the delivery of its new pipe-laying barge are expected to cut into the … Source: The National.ae [mappress] Source: The National, January 17, 2011;
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
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
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
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
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
Chinese geologists have detected ‘super-thick’ oil and gas-rich strata in the South China Sea and also identified 38 offshore oil and gas… Source: Beijing News [mappress] Source: BeijingNews, January 13, 2011;
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;
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
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;