On 23 August 2013, when the recently signed ten-year extension comes into effect, Fugro will enter the fourth decade of the successful joint venture with China Oilfield Services Ltd (COSL). The joint venture, named China Offshore Fugro Geosolutions (COFG) in which Fugro holds 50%, has been operating
LNG Ltd has signed a non‐binding Tolling Heads of Agreement (HOA) with Gas Natural SDG, S.A. (GNF), part of the Gas Natural Fenosa Group, in relation to the Company’s 100% owned Magnolia LNG Project, in Louisiana, USA (MLNG Project). The term of the HOA is to 30 June 2014 and, under the provisions o
Nineteen vessels will be part of the dredging operation on Sabetta arctic port construction project on the Yamal Peninsula this year. With the start of the summer navigation season, the vessels will leave from the Port of Murmansk and will be headed to the Gulf of Ob. The dredging operations at Sabe
Aggreko, the global leader in the supply of temporary power and temperature control, has begun installation of a power package to support construction of downstream development operations for the Papua New Guinea Liquefied Natural Gas (PNG LNG) project. The project, which seeks to develop Papua New
ZPMC has recently signed a bulk equipment supply contract with Wenzhou Port Group. Under the contract, ZPMC will provide four bulk handling units for Phase 1 of Leqing area of Wenzhou Port, with a total contract value of 128 million yuan. The equipment is scheduled to be delivered before late August
Ascent Resources plc, the AIM listed European oil and gas exploration and production company, today announces that it has agreed to dispose of its full interests in the Netherlands Exploration Licences Terschelling-Noord and M10a & M11 to Tulip Oil Netherlands B.V. for a total cash consideration of
Technip was awarded by Shaanxi LNG Investment & Development Co Ltd an engineering, design and procurement contract, worth approximately €35 million, for a mid-scale liquefied natural gas (LNG) plant. The plant will be located in the Yangling Demonstration Area, Shaanxi Province, China. The contract
Rowan Companies plc (“Rowan” or the “Company”) announced that one of its subsidiaries has entered into a three-year contract with Cobalt International Energy, L.P. (“Cobalt”) for the Rowan Reliance, one of Rowan’s new ultra-deepwater drillships currently under construction at the Hyundai Heavy Indus
Wood Group PSN (WGPSN) has retained its contract with Dana Petroleum for integrated support services (ISC) in the North Sea, marking more than 14 years of continuous service as prime contractor on the Triton FPSO. The contract is for two years with the option of a one-year extension and estimated to
Prospector Offshore Drilling S.A. (“PROS”) announced today that, further to the announcement made on 12 November 2012, one of the Company’s subsidiaries has executed the necessary documentation for the senior secured loan facility with China Development Bank Corporation (“CDB”) for an amount up to U
Carbon Trust’s Offshore Wind Accelerator programme is inviting tenders for windfarm engineering R&D services. A significant number of UK offshore wind farms have experienced difficulties associated with the installation and burial of intra-array cables. In 2011, the OWA commissioned a study to devel
Carbon Trust’s Offshore Wind Accelerator programme is inviting tenders for windfarm engineering R&D services. A significant number of UK offshore wind farms have experienced difficulties associated with the installation and burial of intra-array cables. In 2011, the OWA commissioned a study to devel
Svenska Petroleum Exploration Guinea Bissau AB (Svenska) has engaged AGR Well Management Limited (AGR) to plan, manage and execute their upcoming exploration campaign offshore Guinea Bissau. Global oil services provider AGR has signed a contract with Svenska to deliver Well Management services for S
MODEC, Inc. announced that Tullow (“Tullow”), a wholly owned subsidiary of Tullow Oil plc., has awarded TEN Ghana MV25 B.V., a subsidiary of MODEC, contracts for the supply, charter and lease, operations and maintenance of a Floating Production, Storage and Offloading (“FPSO”) vessel for the Twenebo
