Statoil and KazMunayGas have signed the Heads of Agreement (HoA) on the Abay block in the Kazakhstani sector of the Caspian Sea. Under the HoA, the parties plan to conduct evaluation of the hydrocarbon potential of the “Abay” block in the Northern Caspian Sea. Statoil and KazMunayGas will jointly es
Sembawang Shipyard, a wholly-owned subsidiary of Sembcorp Marine has signed a long-term alliance contract with Teekay Marine Services, Canada, to provide ship-repair, refurbishment, upgrading and related marine services for its fleet of 137 ships. Teekay Marine Services is a subsidiary of Teekay Cor
OceanServer has been awarded a contract from CIDCO (Centre interdisciplinaire de développement en cartographie des océans /Interdisciplinary Centre for the Development of Ocean Mapping) for an Iver2 Autonomous Underwater Vehicle (AUV). CIDCO has a long history of facilitating new mapping technologie
Farstad Shipping has been awarded the following charter contracts: *Subsea vessel Far Saga (2001, UT 745L, 3.475 DWT) has been awarded a 6 month firm contract by Subsea 7 in Norway. The charter will commence immediately and include an option for further 15 months. *AHTS Far Sabre (2008, UT 712L, 15.
Aker Solutions has been awarded a letter of intent (LOI) by Statoil for the engineering, procurement and construction of a subsea production system for the Fossekall-Dompap project on the Norwegian continental shelf. Aker Solutions estimates the contract value to be approximately NOK 1 billion. Scop
Today both, AFS Transport (Rotterdam) BV & AFS Transport (Airfreight) BV, obtained the AEO status. The AEO certificate was handed over by Dutch customs AEO means Authorized Economic Operator and in order to obtain the status, the company needs to meet the following standards: – To be a solvent compa
Australian shipbuilder Incat Tasmania Pty Ltd announced the name of the customer for their world first high speed passenger Ro-Ro ship powered by LNG. The 99 metre LNG ship was contracted by South American company Buquebus in November 2010, however for commercial reasons Buquebus requested that iden
Octanex N.L| has been advised by Eni Australia Limited, the Operator of the Gawain-1 well located in the outer Exmouth Plateau permit, WA-362-P, that at 06:00 hours WST (Western Standard Time) on Monday, 28 March 2011, the well was at a depth of 3,653m MDRT (measured depth below rotary table) and wa
This will be the year Statoil is planning and realising several fast-track developments on the Norwegian continental shelf (NCS). Two new projects are being launched these days, namely Gamma/Harepus and Snorre B template. A plan for development and operation (PDO) of Gamma/Harepus is to be submitted
Wärtsilä, the marine industry’s leading solutions provider, and Aker Solutions, the international oil and gas services company, have agreed to combine their fields of expertise to develop a new and environmentally sound concept for offshore wind farm installation vessels. According to the contract,
Ithaca Energy Inc. announces that drilling of the J03 well on the Jacky field has now recommenced, as previously stated. The Energy Enhancer drilling unit is now fully operational following successful repair to the drilling mud handling system onboard the rig. Production from J01 was briefly suspend
Icon Energy Limited today signed a binding LNG Sales Agreement (LNG Supply Agreement) with Shantou Sinogas Energy Co., Ltd (Shantou SinoEnergy) in Shantou City in Guangdong Province in China to supply 40,000,000 tonnes of LNG over 20 years, subject to certain conditions precedent. Shantou SinoEnergy
Technip was awarded an engineering services contract by ZADCO* for the UZ 750 project, one of the major offshore field development projects in the United Arab Emirates. The project aims at increasing by 2015 the oil production of the Upper Zakum field (located in the Gulf, 84 kilometers offshore Abu
Fortune Oil, a company listed on the London Stock Exchange Main Market focusing on oil, natural gas and resource supply operations and investments in China, announced that it has contracted to acquire 51% of Liaoning Jingrun Natural Gas Limited (“LJNGL”) for an initial cash consideration of RMB10.55
