AWE Limited reports that the recommencement of production from the Pateke-3H well has been delayed due to further technical issues. A clean up flow of the well was undertaken prior to the Kan Tan IV rig being released from site on October 15, 2010, with the well repair activities having been success
IHC Parts & Services, part of IHC Merwede has announced a new joint agreement with Bakker Sliedrecht for the condition monitoring of dredging vessels. This will see the two companies combining forces to supply a unique range of specialist and high-quality services to customers that in turn will enab
Tap Oil Limited announces that the Manora-4 appraisal well, in concession area G1/48, Gulf of Thailand, was spudded on 14 October 2010. Manora-4 is a stepout well targeting an area adjacent to the Manora Field. The Manora Field was discovered by the Manora-1 exploration well in November 2009. Tap’s
The Cochin Port Trust (CoPT) has issued a tender inviting bids for leasing of 22.94 hectares of land on an annual lease basis for setting up a cargo and logistics centre close to the international container transhipment terminal (ICTT) at Vallarpadam. The lease period is for 30 years. The land propo
Technip announces today that it has finalized its agreements with MISC Berhad and Malaysia Marine and Heavy Engineering Holdings Berhad (MHB), two companies within Malaysia’s national oil corporation, Petroliam Nasional Berhad (PETRONAS), to establish their long-term collaboration. As previously ann
The Hague, Netherlands – APM Terminals has signed a 25‐year concession agreement for the operation of the Port of Monrovia in Liberia, having been named the preferred bidder for the port management and modernization project last March. The now formalized agreement for the port’s privatization will r
Marubeni Corporation (“Marubeni”) has agreed with BW Gas Limited, Bermuda (“BWG”) to acquire 49% interest of 8 LNG carriers (“8 LNGCs”) presently owned by BWG under long-term time charter to Nigeria LNG Limited (“NLNG”). Marubeni’s acquisition cost is about US$ 700 million (equivalent to JPY about 6
GEA has received 3 major orders worth EUR 28 million for the supply of Air Cooled Heat Exchangers to projects of the oil and gas industry. For a new LNG (Liquefied Natural Gas) plant in the southern highlands of Papua New Guinea which is under development by Exxon Mobile and its joint venture partic
Eastern Star Gas (ESG) today announced it has entered into an agreement with Marubeni Corporation putting in place a series of prospective arrangements to expedite commercialisation of ESG’s proposed LNG Newcastle (LNGN) Project. Objectives of the agreement with Marubeni include: – ESG making availa
Acergy S.A. , announced today results for the third quarter which ended on August 31, 2010. Highlights – Revenue from continuing operations was $495 million (Q3 2009: $558 million) – Adjusted EBITDA1 from continuing operations was $124 million (Q3 2009: $110 million) corresponding to an Adjusted EBI
INPEX CORPORATION announced today that INPEX and its partner Total E&P Indonesie, operator of the Mahakam PSC, signed a Heads of Agreement with PT Nusantara Regas pertaining to the supply of 11.75 million tons of Bontang LNG over the period of 2012-2022 to the West Java LNG terminal, the first LNG r
Rockhopper Exploration plc , the North Falkland Basin oil and gas exploration company is providing an update on a number of operational and strategic developments since its AGM on 30th September 2010. Exploration The recent successful flow test at Sea Lion has validated the potential for commercial
Baker Hughes announced today that BJ Services, a Baker Hughes company, was awarded a USD multimillion contract by Woodside to provide casing and tubing running services for Pluto development in Australia. Work associated with the three-year contract began in May 2010 on various wells in Woodside’s o
Marathon Petroleum Company (Norway) (MPCN) has received consent to use the mobile drilling facility Songa Dee for production drilling on the Alvheim field. On 26 March 2010, MPCN received consent to use Songa Dee for drilling and completion of three oil producing wells on Alvheim: 24/6-B-4 (Kameleon
