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PTTEP entered into a partnership with TOTAL and JX NOEX for M11 block, in Myanmar, ready to drill one exploration well by the third quarter of next year. Mr. Tevin Vongvanich, the President and CEO of PTT Exploration and Production Public Company Limited or PTTEP disclosed that PTTEP International Limited or PTTEPI, a wholly owned […]
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PTTEP entered into a partnership with TOTAL and JX NOEX for M11 block, in Myanmar, ready to drill one exploration well by the third quarter of next year. Mr. Tevin Vongvanich, the President and CEO of PTT Exploration and Production Public Company Limited or PTTEP disclosed that PTTEP International Limited or PTTEPI, a wholly owned […]
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Equipment, Project & Tenders
On 4 June, two new compressors were lifted aboard the Troll A platform in the North Sea. Once the compressors are up and running next year, they will boost recovery from Troll by more than 83 billion standard cubic meters of gas. As gas is produced on the giant Troll field, pressure in the reservoir […]
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Equipment, Project & Tenders
The compressor module M11 for the Troll A platform in the Norwegian North Sea has left Aibel’s yard in Laem Chabang, Thailand. The compressor module will first be shipped to Haugesund to have a crane installed on board. After that the M11 will go to the Statoil-operated Troll field. Early in April, celebrating the completion of […]
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Ascent Resources plc, the AIM-traded oil and gas exploration and production company, through its subsidiary Ascent Resources (Netherlands) BV (‘ARN’), has increased its interest in the M10/11 block in the southern North Sea off the Netherlands’ coast. Following the transfer of McLaren Resources Inc’s (‘McLaren’) 27% interest in the block, ARN now holds a 54% […]
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Ascent Resources plc, the AIM-traded European oil and gas exploration and production company, through its subsidiary Ascent Resources (Netherlands) BV (‘ARN’), has received confirmation of the extension of its M10/M11 block licences (‘the Project’) located offshore Netherlands in the southern North Sea until 30 June 2013. The M10/M11 appraisal project is in the shallow waters […]
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Norway’s Aibel has announced that the barge carrying the Troll module M12 left the yard in Haugesund today. In a couple of days the 360 tonne electric module will be lifted onboard the Troll platform. “This is a crucial delivery in the Troll project and it feels great to send it off as planned,” says Bruce McPherson. […]
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The Troll project is now at the peak of its construction period, Norwegian company Aibel said today. Around 850 Aibel employees and subcontract personnel are working on the new modules that will increase the lifetime of the Troll field. Friday saw the last major lifting effort in Thailand. Section 514 was placed on the M11 […]
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Total said it has signed an agreement with PTTEP for the acquisition of a 40% interest in the Production Sharing Contract covering the offshore Block M-11 in Martaban basin. PTTEP (PTT Exploration and Production Plc.), Thailand’s national company, will retain the operatorship. The block covers an area of 5,373 km², with a water depth of […]
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Marine engineering services firm Beng Kuang Marine has cancelled two contracts worth S$14.4m ($11.4m) to build two crane… (portnews) [mappress] Source: portnews, October 17, 2011
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Marine engineering services firm Beng Kuang Marine has cancelled two contracts worth S$14.4m ($11.4m) to build two crane barges… (PortNews) [mappress] Source: PortNews, October 17, 2011
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Business & Finance, Project & Tenders
Ascent Resources plc, the AIM listed European oil and gas exploration and production company, today announces that it has agreed to dispose of its full interests in the Netherlands Exploration Licences Terschelling-Noord and M10a & M11 to Tulip Oil Netherlands B.V. for a total cash consideration of up to €450,000, before selling expenses, once the […]
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A record number of freight vehicles departed on services through the Port of Dover on July 8th, reaching numbers not seen since before the recession. Some 5,337 freight vehicles departed for Calais and Dunkirk from Europe’s busiest ferry port, beating the previous record of 5,322 set in 2008. It was also the third busiest […]
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Business & Finance, Equipment, Technology
Stockholms Hamn Aktiebolag has announced a tender for the Stockholm harbour development program. During this project, the contractor will need to build a harbour erosion wall, which will be about 70m long with an average depth of about 25m. The Stockholm harbour development work will also involve dredging along the existing quay line to a […]
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PTTEP opens new Petroleum Development Support Base in Ranong Province to enhance exploration and production activities in the Andaman Sea and the Gulf of Mataban, the Union of Myanmar.
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A total of 14 Kongsberg Maritime Engine Room Simulator models received new Det Norske Veritas (DNV) Statements of Compliance in December 2011. The approvals are according to the revised standards laid out in DNV – Standard for Certification of Maritime Simulators No. 2.14 January 2011, which is based on the requirements of STCW Convention, Regulation […]
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Jiangnan Shipyard (Group) Co., Ltd. and Hong Kong-based Southwest Maritime Ltd., a subsidiary of Wideshine Enterprises, signed construction contracts for two 83,000 m3 very large gas carriers (VLGCs). With this order, Jiangnan Shipyard, currently undergoing restructuring, has pushed toward consolidation of its position in the domestic VLGC market and targets greater presence in the international […]
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Jiangnan Shipyard (Group) Co., Ltd. and Hong Kong-based Southwest Maritime Ltd., a subsidiary of Wideshine Enterprises, signed construction contracts for two 83,000 m3 very large gas carriers (VLGCs). With this order, Jiangnan Shipyard, currently undergoing restructuring, has pushed toward consolidation of its position in the domestic VLGC market and targets greater presence in the international […]
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Thailand’s oil company PTT Exploration and Production Public Company Limited or PTTEP revealed the Capital Expenditure and Operating Expenditure for the Company and its subsidiaries for the five-year period from 2013 to 2017 will be approximately $24.67 billion . The majority of investment will be used to develop PTTEP’s organic growth projects in Thailand and […]
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Atkins reports good results in a challenging environment and is well positioned for future growth Design and engineering consultancy group WS Atkins plc (Atkins) today announces unaudited results for the six months ended 30 September 2010. FINANCIAL SUMMARY Six months to Six months to Increase / (Decrease) 30 Sept 2010 30 Sept 2009 Income statement […]
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Thailand’s oil company PTTEP today revealed its first quarter Operating Results and the company performance. 1st Quarter Operating Results (Unreviewed): Net profit of USD 680 million, an increase of 15% The company and its subsidiaries posted a net profit of USD 680 million (equivalent to 20,258 million baht), an increase of USD 91 million or 15% […]
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Equipment, Project & Tenders
The second out of three Troll modules left Aibel’s yard in Haugesund on Tuesday evening, and set sail towards the Statoil-operated Troll field in the Norwegian part of the North Sea. At the same time in the North Sea Hall, departure for the third and final module is close. The three modules will contribute to extending […]
