INPEX CORPORATION (INPEX) announced today that its affiliate INPEX Masela, Ltd. (INPEX Masela) has signed an agreement with Shell Upstream Overseas Services (I) Limited a subsidiary of Royal Dutch Shell plc (“Shell”), to transfer a 30% participating interest in the Masela Block, the Arafura Sea, Ind
Emerald Atlantis Limited and TE SubCom, a TE Connectivity Ltd. company and an industry pioneer in undersea communications technology announced the finalization of an Instruction to Proceed to build the Emerald Express Trans-Atlantic Cable System. The first phase will provide both low-latency and ult
A TIDAL energy centre off the Island’s coastline could go ahead after all, if a new bid for government funding proves successful. Following the rejection of an earlier bid for £20million in regional growth funding, to create a tidal-powered Solent Ocean Energy Centre (SOEC) off the south coast of th
Melrose Resources plc , the oil and gas exploration, development and production company today provides an update on its exploration activities and provides notification of a planned industry analysts’ Exploration Presentation on 4 August 2011. Highlights the Company is pursuing a number of high pote
Aker Solutions has signed a contract with Endeavour Energy UK, a subsidiary of Endeavour International Corporation, to supply subsea umbilicals and associated equipment for the East Rochelle development project located offshore UK. The contract value is approximately NOK 83 million (USD 15 million).
Gazprom Marketing and Trading Singapore (Pte.) Limited (Gazprom Singapore) has signed a Memorandum of Understanding with Indian Oil Corporation Limited (IOCL) to supply with up to 2.5 million tonnes per annum of liquefied natural gas (LNG) for up to 25 years. The long-term LNG supply agreement is a
Reference is made to the press release issued by Sevan Marine ASA (the “Company”) on 11 July 2011. The Company announces that it has entered into a USD 36.1 million bond loan agreement with Norsk Tillitsmann ASA (“Norsk Tillitsmann”) acting on behalf of a group of holders of the Company’s existing b
Oil and gas producer Santos has awarded contracts worth $102 million to a subsidiary of Transfield Services for well construction and servic… Source: PerthNow [mappress] Source:Perthnow , July 20, 2011;
Sterling Resources Ltd. (“Sterling” or the “Company”) announces that it has signed a loan facility agreement (the “Facility”) with a group of banks for a GBP 105 million senior secured loan for the Phase 1 development by its wholly-owned subsidiary, Sterling Resources (UK) Ltd, of the Breagh gas fie
Ofgem E Serve has today announced that TC Gunfleet Sands OFTO Limited (Transmission Capital Partners) has secured a licence to operate the high voltage link to the Gunfleet Sands wind farm. TC Gunfleet Sands OFTO Limited can now operate the £49.5 million link to the onshore grid for a period of 20 y
BP Norge AS has secured consent to use the gas export pipeline on the Skarv field. Skarv is located about 35 kilometres southwest of the Norne field in the northern part of the Norwegian Sea. The development is a unitisation of the 6507/5-1 Skarv and 6507/3-3 Idun deposits. Skarv is developed with a
Unanet Technologies, the leading provider of cloud-based and on-premise software that helps project-based businesses improve visibility into project work and resource management, has been selected by Hydroid, Inc., a wholly owned subsidiary of Kongsberg Maritime, and the leading manufacturer of adva
A Maine tidal power company is partnering with a Canadian project developer to break into a much larger market by installing underwater turb… (Associated Press) [mappress] Source: timesunion, July 19, 2011;
Wintershall Norge ASA, operator of production licence 378, has concluded the drilling of appraisal wells 35/12-4 S and 35/12-4 A in the 35/12-2 Grosbeak oil and gas discovery. The Grosbeak discovery was proven in 2009 in the Sognefjord formation and in the Brent Group in Upper and Middle Jurassic re
