Painted Pony Petroleum said that it has signed a definitive agreement to provide Spectra Energy with long-term natural gas transportation to serve its growing British Columbia production base.
Iona Energy Inc., a Canadian independent oil & gas company with assets in the UK North Sea, has made a step forward towards its Orlando project funding. Orlando field is located in the UK North Sea. Namely, the company received unanimous written support from an ad hoc committee of bondholders, repre
Tallink Grupp said that its Tallink Line unit and Nordea Bank Finland have signed the loan agreement in the amount of EUR 184 million to finance the new EUR 230 million LNG-powered fast ferry currently under construction in Meyer Turku shipyard.
Tallink Grupp said that its Tallink Line unit and Nordea Bank Finland have signed the loan agreement in the amount of EUR 184 million to finance the new EUR 230 million LNG-powered fast ferry currently under construction in Meyer Turku shipyard.
PGS has been selected by Egyptian Natural Gas Holding Company (EGAS) to supply services related to the largest seismic oil and gas exploration project in the Mediterranean. The multi-client agreement covering Egypt’s Western Mediterranean Sea was signed Wednesday June 24, 2015 by Egyptian Natural Ga
The Atlantic and Pacific Oceans are coming closer together thanks to the new Panama Canal. Flooding of part of the new set of locks on the Pacific side is being carried shortly after the successful operation was conducted on the Atlantic. The project, known as the Third Set of Locks, is rushing towa
Husky Energy has started production from the South White Rose project in the Jeanne d’Arc Basin offshore Newfoundland and Labrador. “South White Rose is Husky’s second major subsea satellite tieback following the successful North Amethyst subsea project,” said CEO Asim Ghosh. “Both of these projects
Mitsubishi Heavy Industries said it has received an EPC order from Indian Oil Corporation to construct two LNG storage tanks.
Mitsubishi Heavy Industries said it has received an EPC order from Indian Oil Corporation to construct two LNG storage tanks.
China Harbor Engineering Company (CHEC), a subsidiary of China Communications Construction Company, recently won a bid for the EPC project (engineering, procurement and construction) in Marunda Industrial Park, Indonesia. The bid is for the Lot 1B of the central terminal project with a contract valu
The Murray Mouth dredging project, aimed to maintain connectivity between the river and the Southern Ocean, is in its final phase now – with the construction works likely to be completed within next few days. Dredging operations at the Mouth began on January 9th 2015 and as of the last week over 515
Production of the first elements on the Johan Sverdrup project has begun today, on Monday, June 29, 2015, at Kværner in Verdal, as cutting the steel for the riser platform jacket on the Johan Sverdrup field, located in North Sea, has kicked off. To remind, Kvaerner signed the final contract for deli
DOF Subsea has marked the relocation of its Angolan office by signing two contracts with a major operator. The Luanda-based team of 12 has just moved from the centre to new 200 sq. m. premises 20km away in Belas Business Park in the Talatona area. As well as the move, DOF Subsea is celebrating the n
Polarcus has signed a Letter of Intent (LOI) with TGS for the sale of its multi-client projects in Northwest Europe and West Africa in return for a cash consideration of USD 27.5 million and future revenue share on library late sales. Polarcus’ 22,130 sq. km. Capreolus 3D survey offshore Australia d
