AWE Limited advises that at 0600 hours today the Tuatara-1 well was at a measured depth of 773 metres after running and cementing 13-3/8” casing and landing the BOP’s in preparation for drilling ahead in 12-1/4” hole. Progress for the week was 613 metres. Tuatara-1 is located in PEP 38524, in the we
Brazilian port logistics company Wilson, Sons will focus its capital expenditure on expanding its fleet and shipyards over the next few… By Daniel Bland (Business News Americas) [mappress] Source: bnamericas, July 29, 2010:
The C-NLOPB that Husky Oil Operations Limited’s White Rose Development Plan Amendment, West White Rose Pilot Scheme, has been approved. The proposed pilot scheme is an amendment to the existing White Rose Development Plan (Decision 2001.01). The objective of the pilot scheme is to obtain additional
More than 40 international and local construction firms are preparing to bid for a contract to build a major General Cargo and Liquid Termin… (zawya) [mappress] Source: zawya, August 04, 2010;
Marathon Oil Corporation today reported second quarter 2010 net income of $709 million, or $1.00 per diluted share. Net income in the second quarter of 2009 was $413 million, or $0.58 per diluted share. For the second quarter of 2010, net income adjusted for special items was $792 million, or $1.11
Foster Wheeler AG announced today that its Global Engineering and Construction Group has been awarded an owner’s engineer contract for a new LNG receiving terminal (the “GNL Del Plata” facility) to be built in Montevideo, in the region of Río de la Plata, Uruguay. The contract was awarded by Uruguay
Singapore, August 3, 2010 : Sembcorp Marine achieved a 28% increase in net profit to $176.1 million from $138.1 million in 2Q 2009. Group turnover at $1,097.9 million was 27% lower as compared with $1,497.6 million for the corresponding period in 2009. Group operating profit at $202.3 million was 21
Qatari LNG producer RasGas Company Limited announced the sale of an LNG cargo to Brazil’s Petrobras on 25 July. The cargo – the first shipme… MEES – ANALYSIS (zewya) [mappress] Source: zewya, August 3, 2010;
Construction of the second cylindrical ultra-deep water Semi-submersible Drilling rig SEVAN DRILLER II, being built for Sevan Marine ASA, is progressing steadily and on schedule in COSCO Nantong Shipyard. The 13.4m stage block erection of the main hull is nearly complete and three levels of the acco
Petronet LNG Limited (PLL) and its off takers – GAIL, IOCL and BPCL have signed the downstream related agreements for supply of Regasified L… business-standard [mappress] Source: business-standard, August 03, 2010;
Great Lakes Dredge & Dock Company gets the maintenance dredging work on Palm Beach Harbor, Florida. The Palm Beach Harbor maintenance dredging consists of dredging material from the entrance channel, settling basins, Cut-1, Cut-2, and the North and South Turning Basins. Financial value of this proje
AGL Resources Inc. and El Paso Corporation today announced the signing of a joint-venture agreement to distribute liquefied natural gas (LNG) across the southeastern United States to the heavy-duty transportation market, which includes heavy-duty trucks, buses, and waste haulers, and to peak-shaving
SHELL is likely to join Chevron’s giant Wheatstone liquefied natural gas project in competition with Woodside Petroleum’s Pluto project… (perthnow) [mappress] Source: perthnow, July 29, 2010;
U.S. Army Corps of Engineers announces a Firm Fixed-price contract for the maintenance dredging of the Rehandling Basin at Craney Island Dredged Material Management Area (CIDMMA) to a depth of 30 feet with 2 feet of allowable overdepth. In addition, the work consists of maintenance dredging portions