Search results for: Petro Allied

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  • 1 March 2016

    Brazilian oil company Petrobras has informed that the previously announced sale of stake in its two Campos basin fields will not proceed. The announcement relates to the sale of Petrobras’ 20% interest in the concessions of Bijupirá and Salema, signed on July 1st, 2015, with PetroRio S.A. Petrobras will keep its 20% stake in those fields, in partnership […]

  • 1 February 2012

    LNG exports from Peru’s only export terminal fell 19.9 percent in January to 293,636 mt from 366,545 mt a year earlier, according to PeruPetro S.A. Peru LNG shipped four cargoes in January, two went to Spain, one for Mexico and one for Japan. The Peru LNG project includes two parts: an LNG plant with a […]

  • 18 June 2014

    The Gazprom headquarters hosted a working meeting between Vitaly Markelov, Deputy Chairman of the Gazprom Management Committee and Do Van Hau, President and CEO of Petrovietnam National Oil and Gas Group. “The meeting participants addressed the main areas of the cooperation in the energy sector. In particular, they endorsed the joint development projects offshore Vietnam […]

  • 7 November 2012
    Business & Finance

    Dolphin Geophysical AS has signed an agreement with Anadarko South Africa (Pty) Ltd, a wholly owned subsidiary of Anadarko Petroleum Corporation, for the acquisition of approximately 6250 kms, 2D survey offshore South Africa, where Anadarko is partnered with PetroSA. The survey will be acquired by Artemis Atlantic commencing in December 2012. VP Marketing & Sales […]

  • 25 April 2013

    Construction of first hybrid dual-fuel 30,000 cum LNG carrier in China started on April 18th with a steel cutting ceremony held at Ningbo Xinle Shipbuilding Group, according to SinoShip. The vessel, worth $105m, measures 181m in length, 36 m in breadth, 19 m in height and has 7.8 m draft. The LNG carrier is due […]

  • 19 December 2014
    Business & Finance

    Italy’s Eni has finalised  with Petrogal, a wholly owned subsidiary of the Portuguese company Galp Energia, the farm in agreement for the acquisition of a 70% stake and operatorship of the three permits off Portugal.  According to Eni’s press release, the permits are Gamba, Santola and Lavagante. The agreement will guarantee the exploration rights  for […]

  • 22 February 2012

    ExxonMobil’s affiliate EMEPRL Corporation and OMV Petrom SA, the 51% subsidiary of OMV Aktiengesellschaft, today confirmed a potentially significant gas discovery in the Black Sea offshore Romania. Operated by ExxonMobil, the Domino-1 well is the first deep water exploration well offshore Romania and has a total depth of more than 3,000 meters below sea level. The […]

  • 7 November 2012

    The Fraser River dredging plans are moving ahead, according to This Port Metro Vancouver’s development program will include the construction of a man-made island for a new terminal. The new terminal at the environmentally-sensitive estuary of the Fraser River should have three container berths. According to, the Port Metro Vancouver officials believe that […]

  • 20 July 2009

    Scottish school pupils are getting ready to take part in a competition playing the parts of international oil operators in a bid to excite interest in the offshore industry. Children from 33 secondary schools in and around Aberdeen and the surrounding county are taking part in the online PetroChallenge, competition backed by Opito, the Oil […]

  • 1 October 2013

    Suncor Energy announced it has closed the previously announced sale of the majority of its conventional natural gas business in Western Canada to CQ Energy Canada Partnership, a newly established partnership between Centrica plc and Qatar Petroleum International. The sale is consistent with Suncor’s strategy to focus on a core portfolio of high return, oil producing […]

  • 15 October 2015
    Business & Finance

    The Liberia-flagged oil/products LR tanker MT Almi Spirit was boarded by six pirates in the Strait of Singapore today, Admiral Datuk Ahmad Puzi Ab Kahar, the Director General of Malaysian Maritime Enforcement Agency (MMEA), reported via Twitter. The six men boarded the 2007-built tanker at around 7 a.m. local time in Indonesian waters, while the vessel was en route […]

  • 12 July 2016

    Ineffective team work between the crew members on the bridge and the pilot were identified as the immediate cause of an allision between the bulk carrier Capri and the tanker Brightoil Legend, which occurred in the port of Singapore in July 2015, according to a report from Transport Malta. At the time of the incident, Brightoil Legend was […]

  • 30 November 2016
    Project & Tenders

    Exploration and production company Maha Energy is looking to boost production from the Tartaruga field, offshore Brazil, with a well workover operations set to start after completing the acquisition of interests in the field from two different companies.  Back in March 2016, Maha Energy entered into a purchase and sale agreement with TDC Engineering, a private company […]

  • 14 December 2011

    PKN Orlen, a major European oil refiner and petrol retailer, is planning to enter wind energy market. The company asked the Ministry of Economy to develop two sites in the Baltic Sea. The first site is planned to be commissioned around 2020, and will have a capacity of 150MW, reports Puls Biznesu. The potential capacity […]

  • 25 October 2016
    Project & Tenders

    Petrobras and Total on Monday signed a memorandum of understanding to cooperate on exploration and production, natural gas and electricity sector in Brazil.

  • 2 July 2015
    Business & Finance

    Petrobras has signed with PetroRio S.A. the contracts regarding the sale of 20% of its interest in the concessions of Bijupirá and Salema fields, offshore Brazil, currently operated by Shell. The transaction amount is $25 million, subject to adjustments common in this type of operation. The fields are located in Campos basin, at between 480 to 850 […]

  • 10 December 2018

    Norwegian energy giant and LNG operator Equinor reported a liquefied petroleum gas leak at its Mongstad facility north of Bergen. 

  • 24 April 2014
    Business & Finance

    In the face of domestic and international situations, PetroChina Company Limited has focused on the development guidelines of “quality, profitability and sustainability” despite a slowdown in domestic economic growth and a weak market demand. As a result, the Company achieved steady operating results, meeting expectations for the first quarter of 2014. In the first quarter […]

  • 23 May 2017

    Yinson Clover Ltd (YCL), a subsidiary of Malaysia’s Yinson Holdings, has entered into a consortium agreement with PetroVietnam Technical Services Corporation (PTSC) for the execution and performance of a bareboat charter. To clarify, Yinson recently secured an FPSO contract with Talisman Vietnam. The contract is for ten years with extension options with a total value […]

  • 2 August 2017

    Japan’s biggest city gas supplier, Tokyo Gas, acquired a 24.9 percent equity interest in PetroVietnam’s gas distribution company, PVGas D.

  • 3 October 2012

    According to architect and urban planner Felino Palafox Jr, the only solution to Metro Manila’s perennial flood problem is land reclamation. During the Dredging and Land Reclamation 2012 Conference, Palafox made the suggestion: “The reclaiming a big portion of Manila Bay could reduce Metro Manila’s vulnerability to flooding even during heavy rains and high tides. […]

  • 5 July 2013
    Business & Finance, Operations & Maintenance

    Saipem, regarding the incident that occurred on July 1st to the jack up drilling rig Perro Negro 6, which was operating between the coasts of Angola and the Democratic Republic of Congo, near the mouth of the Congo River, announces the following updates: the search for the missing person, of Bulgarian nationality, is currently under […]