Höegh LNG said it has exercised an option to purchase 50% of the LNG carrier STX Frontier. The vessel is a 153,600 cubic meter LNG carrier with tri fuel, diesel electric propulsion. Höegh LNG said in a statement that the company is very pleased with the vessel’s performance after having operated it
Höegh LNG has exercised an option for a fourth new floating storage and regasification unit (FSRU) to be built at Hyundai Heavy Industries in South Korea. The vessel will be able to operate as a floating LNG import terminal, as well as an ordinary LNG carrier. The FSRU will be delivered in the first
Transocean Ltd. today announced that it has been awarded 10-year contracts for four newbuild dynamically positioned ultra-deepwater drillships by Royal Dutch Shell (Shell). Shipyard delivery for the first drillship is scheduled for mid-2015. The remaining three drillships are expected to be delivere
Bridge Energy ASA has through its wholly owned subsidiary Bridge Energy Norge AS (“Bridge”) completed the agreement with Agora Oil & Gas AS (“Agora”) which is 100% owned by Cairn Energy PLC (“Cairn”), for the farm-down of a 15% working interest in production licences PL497 and PL497B on the Norwegia
Incat Crowther announced that it has been contracted to design a 56m Catamaran Dive Support Vessel (DSV) boat for Bhagwan Marine, to be operated by dive specialists Neptune Marine Services. Incat Crowther has worked in collaboration with Bhagwan Marine and Neptune Marine Services to develop a first
Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in the Atlantic margin, the North Sea and Norway, announces that it has contracted the West Navigator drillship to drill the Faroe operated Novus prospect in Norway in the
The governments of Italy, Greece and Albania confirmed their political support for the Trans Adriatic Pipeline (TAP) project with the signing of a Memorandum of Understanding (MoU) on yesterday evening 27. Concluded on the margins of the United Nations General Assembly meeting in New York, and in th
Spectrum has commenced the next phase of its 2D campaign in Brazil to acquire an additional 6,000 km over the Foz do Amazonas basin. The program immediately follows on from the phase 1 survey of 15,000 km, which was completed successfully and ahead of time. The phase 2 survey will be completed in th
Silvermere Energy plc, the independent oil and gas company focused principally on appraisal and production opportunities in the US, announces further progress with the tie-in of the I-1 well in its Mustang Island 818-L Field. This is based on information provided by the Operator, Dominion Production
Tap Oil Limited (Tap) announces details of the exploration prospects to be drilled in the upcoming Gulf of Thailand drilling campaign commencing as early as next week. Three exploration wells are expected to be drilled in the 2012 program: two wells in the G1/48 concession, Northern Kra Basin and on
Ophir Energy plc announces the resumption of the Tanzanian drilling campaign to be executed with BG Group, its partner in this Joint Venture. The multi-well programme commences with appraisal and satellite exploration around the Jodari Field in Block 1 offshore Tanzania. The first three wells in thi
Petrobras has chartered two vessels, Excalibur and Excelsior, to transport and storage Liquefied Natural Gas (LNG). Each vessel has a storing capacity of 138,000 m³, equivalent to 276,000 m³ liquefied natural gas (165.6 million m3 LNG after regasification). This volume is sufficient to meet the dema
Global oilfield services provider Archer has secured a three year contract to provide platform drilling and maintenance services to six Apache platforms in the North Sea. As the incumbent contractor on the Forties Alpha, Forties Bravo, Forties Charlie and Forties Delta, this contract is an extension
International oil service group Aker Solutions has been awarded a contract by Statoil to deliver three subsea trees, tubing hangers and a tool package to the Troll field on the Norwegian continental shelf. Estimated contract value is NOK 250 million. The extension is a call-off from a contract signe
