Woodside has executed a five year US$1.1 billion syndicated loan facility with 34 domestic and international banks. Funds from the loan will be used to repay the US$1.1 billion syndicated loan facility executed in May 2009. Australia and New Zealand Banking Group Limited and The Bank of Tokyo-Mitsub
Residents hoping for a major sand restoration on Longboat’s beaches starting in November 2011 may have to wait another year. But the Town… By Kurt Schultheis (yourobserver) [mappress] Source: yourobserver, December 9, 2010;
BG Group today announced an update on the Tupi and Guará fields in the Santos Basin, offshore Brazil. The update relates to the first two Floating Production, Storage and Offloading (FPSO) vessels on the Tupi field and the first FPSO on the Guará field. The first FPSO on the Tupi field has a product
GDF SUEZ has signed its official entry in two exploration gas and oil licenses with the Greenlandic Ministry of Industry and Mineral Resources. The consortium between GDF SUEZ, Shell (operator) and Statoil has been granted two exploration offshore licenses in Blocks 5 and 8, located in the Baffin Ba
High intensity of rainfalls made residents of RW 12 and RW 03, Cengkarengtimur, Cengkareng worried. They are worried their houses would get… (beritajakarta) [mappress] Source: beritajakarta, December 9, 2010;
Neste Oil jumps to 29th place among the world’s ‘hottest’ bioenergy companies Neste Oil has improved its ranking in the latest, 2010-2011 listing of the world’s ‘hottest’ bioenergy companies produced by Biofuels Digest – to 29th place compared to 40th place a year ago. In its release on the updated
After leasing Amarcon’s Portable Surveyor Box for several weeks, Smit Heavy Lift Europe B.V. decided to purchase OCTOPUS-Onboard for the installation on her Smit Taklift 4 vessel. Where the Portable Surveyor Box is used to monitor and advice in one-time-only projects, OCTOPUS-Onboard is a permanent
Van Oord has completed first rock installation project at the Rio Negro pipeline crossing project in Manaus, Amazonas State, in Brazil. The client is the Brazilian oil and gas operator Petrobras. The works is part of the Urucu-Coari-Manaus gas pipeline project which transports gas from the onshore S
Lundin has received a green light to start drilling a wildcat well in the Luno area. The company recently boosted the prospects for a major development in the Greater Luno area offshore Norway. Lundin’s chief executive Ashley Heppenstall was upbeat and said the Apollo discovery opened up further exp
Total is already progressing further development of its UK North Sea West Franklin field with the award of a basic engineering deal but more contract bidding is coming.
An oil spill from a deepwater blowout near the Shetland Islands could reach the coastlines of Scotland, eastern England, Norway and Greenland, according to a company which began drilling there in October. Chevron, one of the world’s largest oil companies, made a worst-case forecast of the impact cau
Argentina has trebled its gas reserves with a major new find reports have suggested. Argentine President Christina Fernandez Kirchner has confirmed the new find which was made by Spanish and Argentinian-owned Repsol YPF.
First mainland Australia DP training facility opens for business A state-of-the-art Dynamic Positioning (DP) Operator Training Facility, featuring an extensive simulator suite developed by Kongsberg Maritime was opened in Northbridge, Western Australia on 22nd November 2010. Owned and run by the Aus
DWEC would be nation’s largest offshore wind farm, bolstering the East Coast offshore-wind industry and job creation potential Deepwater… (businesswire) [mappress] Source: businesswire, December 08, 2010
