PETRONAS, via its wholly owned subsidiary PETRONAS Carigali International E&P B.V., has signed a Production Sharing Contract (PSC) for Block F14 with the Republic of Gabon. The offshore block is located in southern Gabon and measures an approximate 2,500 square kilometres surface area in water depth
Orcades Marine Management Consultants Ltd has entered into a long term relationship with Sustainable Marine Energy (SME) Ltd to provide Marine Operations and Risk Management support for the deploymeNt of their PLAT-O tidal turbine platform. Their first prototype is being tested in tidal waters off Y
Italian oil giant, Eni, has reached an agreement with Australia’s MEO, to put off its Heron well decision.
Millennium Stimulation Services has acquired ENFRAC Inc., the first major acquisition in the company’s history. The purchase price for ENFRAC was up to $12,000,000, satisfied by the issuance by Millennium of 8,000,000 common shares at a deemed price of $1.50/share; 4,000,000 of which were issued upo
Graham Corporation said it has been awarded an order to replace existing Graham surface condensers at a Middle East liquefied natural gas (LNG) facility. The orders is expected to ship within nine to twelve months. James R. Lines, Graham’s President and Chief Executive Officer, commented: “I believe
OMV is drilling ahead towards the planned total depth of 2,879m MDRT (2,754m TVDRT) at its Whio prospect, in the Taranaki basin, offshore New Zealand.
Oil & Gas UK, the representative organisation for the UK offshore oil and gas industry, has announced that Adrian Rose, Vice President – Europe for Transocean Ltd., has been appointed as contractor vice chairman. Rose will represent the contractor community and joins Glen Cayley, upstream director,
JDR has signed a contract with Siem Offshore Contractors GmbH for the Nordsee One offshore wind farm as currently being developed by RWE Innogy GmbH and forming part of Germany’s largest offshore wind farm cluster. JDR will provide over 70 kilometres of aluminium core inter-array cable, cable access
GasLog Partners have entered into an agreement to purchase from GasLog, its parent company, 100% of the shares in the entities that own and charter the Methane Jane Elizabeth and Methane Rita Andrea, modern LNG carriers built in 2006, each with a capacity of 145,000 cubic meters. The purchase price
Wellgreen Platinum signed an agreement with Ferus Natural Gas Fuels that advances the natural gas market in Canada’s Yukon Territory. This new partnership supports the delivery of clean liquefied natural gas (LNG) to power Wellgreen’s PGM-Nickel-Copper mining project. The site is located in the sout
Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in Norway, the Atlantic margin and the North Sea, has announced the appointment of Jorunn Saetre as an Independent Non-Executive Director. Jorunn is Norwegian and a chemic
Stonehenge Metals Limited has entered into a binding option agreement with Protean Energy (PEL) to acquire 100% of PEL’s wholly owned subsidiary, Protean Energy Australia Pty Ltd (PEA). PEA holds the intellectual property titles, rights and licenses to the Protean Wave Energy Converter Technology. T
Fastnet has entered into an amended exclusive option agreement with PSE Kinsale Energy Limited, a wholly owned subsidiary of PETRONAS, in relation to the “Deep Kinsale Prospect” in Ireland. The Deep Kinsale Prospect extends from 4,000 feet subsea below the producing Kinsale Head gas field and is def
Aker Solutions has awarded DNV GL a global frame agreement to pave the way for better technology collaboration, more efficient project execution and considerable cost savings. The frame agreement covers the following business segments: Subsea, Umbilicals, Engineering and Maintenance, Modifications a
