BOURBON was informed on 20th January that JACCAR Holdings SA had acquired 945 000 additional shares in BOURBON. The participation of JACCAR Holdings SA in BOURBON thus passes from 24.6% to 26.04% of the capital and 25.7% to 27.12% of the voting rights. Commenting on its rising above the 25% threshol
Dolphin Geophysical has received a Letter of Award from an undisclosed client for the acquisition of a 3D survey offshore India. The survey will be acquired with the M/V Artemis Arctic and is expected to be completed in early April 2012. Atle Jacobsen, CEO commented; “We are very pleased to be award
Dolphin Geophysical has reached final agreement with Petrosen to commence acquisition of a 3D Multi-Client survey covering nearly 3,600 km(2) offshore Senegal. The survey will commence early March and is highly funded by industry. Dolphin already has 2D seismic data over this area, acquired in 2011
China Petrochemical Corporation (Sinopec) today said that it has signed a 20-year binding purchase agreement with Australia Pacific LNG to raise annual LNG purchases from 4.3 million tonnes to 7.6 million tonnes. The company also signed an equity subscription deal to increase its stake in APLNG to 2
ST Marine won a contract from Saipem (Portugal) Comercio Maritimo (Saipem) to upgrade the heating, ventilation, and air conditioning (HVAC) system and accommodation piping system for pipe-laying vessel, Castoro 8. It will undertake the design development, engineering and supply of a new chilled wate
Bluestream Offshore has kicked off 2012 early in the season with the award of an air diving project in Block L in the Southern North Sea part of the Dutch Continental Shelf. Bluestream will be using the high spec DPII DSV Seabed Worker for its diving operations. After a careful selection process, Bl
Lundin Norway AS has awarded Kvaerner an EPC contract of approximately NOK 1.1 billion for delivery of a steel jacket to be located at the Luno field, production license PL338, offshore the Norwegian North Sea. “Jacket structures are core business for Kvaerner and I am very pleased that we have won
Foster Wheeler AG said today that its India subsidiary, Foster Wheeler India Private Limited, part of its Global Engineering and Construction Group, has been awarded a contract for a new LNG receiving terminal to be built in Ennore, in the state of Tamil Nadu, India. The contract was awarded by Indi
Golar LNG Partners LP announced today that it has reached agreement with Petrobras to make certain modifications to the Golar Winter floating storage and regasification unit (FSRU) and to extend the term of the contract by 5 years to 2024. Petrobras have taken the decision to move the Golar Winter F
ABB has completed the delivery and energization of the world’s first cross-linked polyethylene (XLPE) insulated 345 kV AC submarine cable system. Extruded in a single continuous length without factory joints, the new cable system brings 512 megawatts of power generation capacity to the critical whol
Polarcus Limited announces that the Company has signed a Letter of Intent with an undisclosed client for a 3D seismic acquisition project offshore West Africa. The project, to be acquired by POLARCUS SAMUR, will commence in late January and is expected to run for approximately 40 days. About Polarcu
Boa Group have been awarded a 3 year firm contract + option for the “Boa Sub C” from EMAS/AMC. The contract agreement has been made on private terms and will commence from July 2012, in direct continuation from current contract agreement. The Boa Sub C is a modern offshore deepwater construction and
AGR confirms it has been awarded a frame agreement which includes the possibility for Total Well Management services with Statoil worth approximately 100 – 130 million NOK per year (17-21 MUSD/year). The contract period is for two years with the possibility for an additional two plus two years exten
Officials from the Lebanese Ministry of Energy and Water have signed a contract extension with Spectrum for the licensing of the highly successful “LEB-02” and “EMED-00” Multi-Client seismic datasets offshore Lebanon. The signing ceremony was attended by leading figures in the Ministry including the
