The DOF Subsea Group has been awarded contracts with a total value of USD 800 million, including options. DOF Subsea has, through its subsidiary DOF Subsea Chartering AS, entered into a time charter agreement with Technip for the newbuild VARD 800. The time charter contract starts when the vessel is
Petroleum Geo-Services (PGS) has completed the first ever full-scale simultaneous acquisition of towed streamer EM and 2D GeoStreamer® seismic. The first datasets for this MultiClient acquisition will be available late Q2 2014. The program, which was undertaken with industry support, consisted of ap
Ophir Energy said that it has entered into an agreement to sell to Pavilion Energy a 20 percent interest in Tanzanian Blocks 1, 3 and 4 for a maximum consideration of US$1,288 million. Highlights of the Transaction Consideration payable to Ophir on completion of the Transaction of US$1,250 million w
Faroe Petroleum, the independent oil and gas company, announces that it has acquired the remaining 50 per cent interest in the Lowlander oil discovery in the UK Central North Sea, such that the Company will own the entire 100 per cent interest in the undeveloped oil field. The Company has entered in
Progress Energy Canada, a subsidiary of PETRONAS has reached an agreement to acquire an interest in two partnerships from Talisman Energy. The acquisition includes about 127,000 net acres of Montney lands and production, as of October 1, 2013, of approximately 11,000 barrels of oil equivalent per da
CSX Corporation and GE Transportation, a division of GE announced an agreement to explore emissions-cutting and efficiency breakthroughs in Liquefied Natural Gas (LNG) technology for locomotives beginning with a pilot program in 2014. “LNG technology has the potential to offer one of the most signif
Clean Energy Fuels today announced a multi-year bulk fueling agreement to supply liquefied natural gas (LNG) to two private UPS stations located in Mesquite and Houston, Texas. Under a separate agreement with UPS, Clean Energy will open three of its America’s Natural Gas Highway (ANGH) stations loca
Höegh LNG said on Wednesday that Gas Natural has exercised its option to extend the charter period for the 126,000 cbm LNG Libra with redelivery by year end 2014, a total period of around 13 months. Höegh LNG announced in April that the LNG Libra was chartered to Gas Natural for operation between Tr
Commissioning of the regasification plant of OLT Offshore LNG Toscana (FSRU Toscana) is proceeding well and close to completion. The Terminal is fast approaching commercial operations, in line with the company’s program. The start of commercial activities is planned, in fact, within mid December. Al
AMEC, the international engineering and project management company, has been awarded the hook up and commissioning (HUC) support contract for GDF SUEZ E&P UK Ltd’s Cygnus gas field development, the UK Southern North Sea’s largest gas discovery in the last 25 years. The HUC support contract for the f
ConocoPhillips has received consent to use the new 2/4 L accommodation facility at Ekofisk. The Ekofisk field will remain in production far longer than originally planned when the field was first put into production in 1970. This has created a need for a new accommodation facility. The PSA has now
DGI from the Netherlands has been awarded a contract from McDermott for delivery of a large number of shallow water subsea actuators for flooding systems with ROV override access for the Ichthys Project. The Ichthys LNG project will be executed by McDermott for the EPC part (URF part) and Heerema fo
General Dynamics NASSCO, a wholly owned subsidiary of General Dynamics, has entered into a contract with Seabulk Tankers, Inc., a wholly owned subsidiary of SEACOR Holdings Inc., for the design and construction of one 50,000 deadweight ton LNG-conversion-ready product carrier with a 330,000 barrel c
Dolphin has been awarded a 5 months 3D seismic contract with an undisclosed client in India. The survey, located in North West India, will be started ultimo December with one or several of the 3D seismic vessels. Dolphin Group ASA is the parent company of Dolphin Geophysical AS, a global full-range,
