Hallin Marine, a Superior Energy Services company, announces a key first in its history with the securement of a direct project contract with COOEC Subsea Technology Company Limited, part of the China National Offshore Oil Corporation (CNOOC). The contract encompasses the provision of the support ve
Aker Philadelphia Shipyard has been selected by Matson Navigation Company to construct two 3,600 TEU containerships. Firm contracts are in place for the two vessels with a total value of $418 million. The vessels will be delivered in Q3 and Q4 2018 and will not require additional financing by APSI.
Songa Offshore, an international offshore drilling company, announces in its rig update for October that, following the start of the contract on October 9, Songa Mercur achieved an operational efficiency of 100% and an earnings efficiency of 99% during the rest of the month working for eniVietnam. S
The two pipe laying vessels (PLSVs) are to be built at the brand new Vard Promar yard in Recife, in the North East of Brazil. The order is part of 4 OSVs by DOF/Norskan and Technip, important customers for Vard. The other two of these vessels are to be built in Norway, also to DNV […]
Centrica, the parent company of British Gas, said it has entered into a 4 ½ year LNG supply agreement with Qatargas for the purchase of up to 3 million tonnes per annum of liquefied natural gas (LNG). The £4.4billion deal builds on Centrica’s existing agreement with Qatargas, signed in February 2011
The reference is made to an announcement published earlier in 2012 where Statoil awarded AGR a Well Management contract with options. AGR confirmed that Statoil has now exercised the first two-year option under the frame agreement until January 25, 2016. The initial contract between AGR and Statoil
Pacific Rubiales Energy and Gazprom Marketing & Trading announced the execution of a Heads of Agreement for the negotiation of a five year Sale and Purchase Agreement for approximately 0.5 million tons per year of liquified natural gas FOB Colombia (Caribbean Sea) beginning in the second quarter of
MODEC, Inc. (“MODEC”) announced that Petróleo Brasileiro S.A. (“Petrobras”), through its subsidiary Guara B.V., on behalf of Consortium BM-S-9, has awarded Charter Contract for the supply, charter, and operations of a Floating, Production, Storage, and Offloading (FPSO) vessel for the BM-S-9 block (
Ocean Rig and Energean Oil & Gas join forces to participate in the new bid rounds for exploration and exploitation of hydrocarbons, in Greece and abroad, for sea depths exceeding 1000 meters. The two companies agreed to set up a new Joint Venture under the name “OceanEnergean”, with each company hol
Kreuz Holdings Limited (“Kreuz” or the “Company”) and SEA9 Pte. Ltd. (“SEA9”), a subsidiary of The Headland Private Equity Fund 6 L.P., a pan-Asian private equity fund advised by Headland Capital Partners Limited (“Headland”) announce a proposed transaction in relation to Kreuz (the “Transaction”).
The Gazprom headquarters hosted a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Fam Suan Shon, Ambassador Extraordinary and Plenipotentiary of the Socialist Republic of Vietnam to Russia. The meeting participants addressed the status of cooperation between
Noreco, a Norwegian Energy Company, produced 3 714 barrels of oil equivalents (boe) per day in October 2013, and net realised price was USD 98.50 per boe adjusted for inventory. At the Huntington field the reservoir is performing as expected and the FPSO unit has continued to operate in a steady, re
Wood Group PSN (WGPSN) has secured a one year contract extension from Chevron North Sea Limited to deliver engineering and construction services to its assets in the Alba and Captain fields in the UK North Sea. Effective immediately, the extension marks the continuation of a previous contract awarde
Heriot-Watt University Group announces tender for the supply of AUV and associated equipment. This represents the fourth tranche, comprising 5 lots of research equipment being purchased as part of the successful 8 Great Technologies joint bid by Heriot-Watt University and the University of Edinburgh
