Pivotal LNG, an AGL Resources unit, signed a long-term agreement to sell liquefied natural gas to Crowley Maritime’s subsidiary Carib Energy, for use by Carib`s customers in Puerto Rico. Recently, the Federal Energy Regulatory Commission (FERC) issued an order providing clarity to Pivotal regarding
Polarcus has completed acquisition of a major new 3D broadband multi-client project in the southern Porcupine Basin, offshore SW Ireland. The extensive survey, undertaken in partnership with ION GeoVentures, saw the technologically-advanced 3D seismic vessel Polarcus Amani tow an ultra-wide 1,350m r
German engineering giant Siemens said it has entered into an agreement to buy Dresser-Rand, a U.S. oil, gas and small-scale LNG equipment maker. Siemens’ bid was unanimously supported by Dresser-Rand’s Board of Directors. The offer price is $83 per common share in cash, or a total transaction value
Global energy company Repsol has selected Deep Sea Mooring (DSM) to provide a range of mooring services for their drilling operations on the Norwegian Continental Shelf. DSM will be responsible for marine engineering and supplying the mooring equipment. The company will also assist in offshore opera
Sevan Drilling ASA, an international offshore drilling contractor, has entered into a standstill agreement with Cosco (Qidong) Offshore Co. Limited related to Sevan Developer’s construction contract. Earlier in August, in the Q2 earnings report, the company mentioned significant delay in the deliver
PTT Exploration and Production Public Company Limited or PTTEP announces that it has entered into an agreement to acquire a total 20% participating interest from Shell Brasil Petroleo Ltda in Concession BM-ES-23 in the Federal Republic of Brazil. This agreement is subject to the approval of Brazil’s
A major waterfront repair and re-development project on a storm-battered coastline in Perth Amboy, which was jointly funded by the State Department of Environmental Protection and the city, has been completed. The DEP approved $1.7 million in Shore Protection funds for the $3.55 million bulkhead and
Otto Energy Limited has executed a sale and purchase agreement (SPA) to divest 100% of the shares in Galoc Production Company WLL (GPC), the holder of Otto’s 33% interest in the Galoc oil field located in Service Contract 14C, to Risco Energy Investments Pte Ltd, a Singapore-based energy investment
Thailand’s oil company PTTEP has bought a 20% interest from Shell in an offshore block in Brazil. The concession is located in the Espirito Santo Basin, in deep water of offshore Brazil, covering an area of approximately 550 square kilometers. This agreement is subject to the approval of Brazil’s Na
The St. Johns River Water Management District, Florida Department of Environmental Protection, state and local elected officials and Indian River Lagoon protection advocates celebrated the Florida Legislature’s $10-million funding appropriation for the first phase of the Eau Gallie River muck-dredgi
Otto Energy Limited, the Australian exchange-listed oil company, has sold its stake in the Galoc field, in the Philippines, to Risco Energy Investments for $101.4 million.
A new compressor will help boost the recovery rate and accelerate production on the Kvitebjørn field offshore Norway, Statoil has said.
The U.S. Army Corps of Engineers Galveston District awarded a contract in the amount of $2.1 million to Affolter Contracting Company Inc., for containment dike raising at the Peggy Lake Dredged Material Placement Area in Harris County, Texas. This work will increase the placement area’s capacity to
Salamander Energy has announced that its Environmental Impact Assessment (“EIA”) for exploration drilling in the G4/50 licence, Greater Bualuang area, Gulf of Thailand, has been granted conditional approval. Of the 20 drilling locations in the original EIA, 18 have been approved subject to: updating
