Search results for: Petro Allied

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  • 1 March 2019

    Petro River has announced the acquisition of an additional 5.63% interest in an international, offshore exploration project in the North Sea.

  • 20 January 2017

    Danish offshore vessel owner Maersk Supply Service has been awarded a two-year contract with Brazil’s PetroRio for Maersk Pacer an anchor handler, to perform tanker lifting for offloading operations in Brazil. Maersk Supply Service’s  CCO Carsten Gram Haagensen said:  “With this contract, Maersk Supply Service demonstrates that we are a trusted and preferred vessel provider […]

  • 3 May 2013

    Last week Jumbo successfully completed the deployment of five subsea structures for PetroSA’s Ikhwezi project, offshore South Africa. The installation of the five structures, weighing between 35 and 185t and measure up to 14 x 8 x 5 ½m, was executed by Jumbo’s DP2 Heavy Lift Vessel Fairplayer. The project was awarded on an intervention […]

  • 31 May 2012
    Business & Finance

    Sterling Resources Ltd. has trough its subsidiary in Romania, Midia Resources SRL (“Midia”), entered into a contract with Grup Servicii Petroliere SA (“GSP”) for the drilling of offshore exploration wells “Ioana” in Block XV Midia and “Eugenia” in Block XIII Pelican.   Midia, on behalf of Sterling and its approved joint venture partners Petro Ventures […]

  • 16 March 2020
    Business & Finance

    PetroNor E&P is taking a number of cost-saving measures to ensure the company is appropriately structured in the current low oil price environment.

  • 28 May 2015
    Business & Finance

    South African national oil company PetroSA has reportedly suspended three of their top executives, including the Chief Executive Officer (CEO), due to poor performance. Business Day (BD), a national daily newspaper in South Africa, has reported that PetroSA’s Board gave CEO Nosizwe Nokwe-Macamo, CFO Lindiwe Mthimunye-Bakoro and acting vice-president of upstream operations Andrew Dippenaar, 24 hours to […]

  • 18 September 2014

    China Resources and Transportation Group (CRTG) has entered into framework agreement with PetroChina Henan under which the company has obtained first rights for the installation and operation of electric vehicle charging and CNG and/or LNG dispensing stations in over 840 gas stations of PetroChina Henan in Henan province. The framework agreements permit the company to select locations for and construct […]

  • 25 July 2010

    PetroMarker invited its customers to come and visit “Volstad Surveyor” at the end of her mobilization on July 19th, 2010. Despite a rather wet weather, a number of clients’ representatives came to Dusavik NorSea base to visit PetroMarker’s new vessel, the “Volstad Surveyor”. The visitors were able to appreciate the quality of the vessel and […]

  • 3 March 2016

    Japan Oil, Gas and Metals National Corporation (JOGMEC) has been given more time to explore for hydrocarbons offshore Seychelles.  JOGMEC has signed an extension to the joint survey agreement for the evaluation of the hydrocarbon potential offshore Seychelles with the ministry responsible for hydrocarbons and national oil company, PetroSeychelles, on Monday, March 1, 2016. The company has been […]

  • 18 December 2019
    Project & Tenders

    PetroChina International (Singapore), a PetroChina trading arm, has placed the lowest bid to deliver a spot LNG cargo to Pakistan in February. 

  • 10 March 2016

    PetroRio, a Brazilian oil and gas company, has announced it will not execute any new investments and it is terminating its exploratory activities offshore Namibia. PetroRio said that, after a long period of conversations with the Namibian government, the company chose not to proceed with its oil exploration licenses in Namibia and, therefore, it will not execute […]

  • 12 August 2019
    Business & Finance

    The executive director of Brazilian oil and gas company PetroRio has resigned from his positions within the firm.

  • 17 June 2015
    Business & Finance

    Petro Vista Energy Corp. (Petro Vista), has entered into a binding memorandum of understanding (MoU) with Maha Energy Inc. (Maha) for the sale of all of its 37.5% undivided working interest in the exploration and production contract covering the Tartaruga offshore hydrocarbon development block, located in the Sergipe Alagoas Basin in Brazil. Under the terms […]

  • 3 December 2015
    Vessels

    Mitsui O.S.K. Lines said on Thursday that Hudong-Zhonghua Shipbuilding recently delivered the 171,800 cbm LNG carrier Beidou Star.

  • 3 November 2015

    Brazil’s largest oil union began an open-ended strike on Sunday, protesting against attempts by the government to shrink the state-run oil company Petrobras

  • 26 March 2019
    Project & Tenders

    PetroRio has closed the acquisition of Chevron’s subsidiary which holds a 51.74% interest in the concession and operation of the Frade field offshore Brazil, along with a proportional stake in the operating assets of the field.

  • 8 September 2014
    Business & Finance, Project & Tenders

    Rosneft and PetroVietnam Oil and Gas Group have reached an agreement to create joint ventures for work at two blocks of the Pechora Sea shelf. Rosneft share in the JV will amount to 66.67%, and PetroVietnam will get 33.33%. The agreements were reached within the Agreement on general cooperation for geological exploration, hydrocarbons exploration and […]

  • 29 August 2014

    China Resources and Transportation Group Limited entered into Framework agreement with PetroChina Guangdong Marketing Company. CRTG has obtained first rights for the installation and operation of electric vehicle charging and compressed natural gas (CNG) and/or liquefied natural gas (LNG) dispensing stations in over 1,100 gas stations of PetroChina Guangdong in Guangdong province. The framework agreement permits the company […]

  • 4 September 2007

    Shell Eastern LNG (Shell) and PetroChina International Company Limited (PetroChina) have concluded a binding Heads of Agreement (HOA) for the long-term supply of liquefied natural gas (LNG) with the primary source being the Gorgon project in Western Australia. The HoA constitutes a milestone in the development of LNG supplies to China.

  • 20 November 2014
    Business & Finance

    The Gazprom headquarters hosted a working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Nguyen Xuan Son, Chairman of the PetroVietnam Oil and Gas Group (PVN) Board of Directors. The parties addressed the future cooperation in the oil and gas sector. In particular, they touched upon the joint actions offshore Vietnam as well as within gas […]

  • 26 March 2014

    In a presentation at Gastech 2014 in South Korea, Wood Mackenzie appraised recent activity in China’s shale gas sector, highlighting the different strategies of two Chinese National Oil Companies (NOCs), PetroChina and Sinopec. Robust gas demand continues to attract investment in the country’s upstream sector but divided priorities may further delay progress in domestic unconventional […]

  • 25 June 2007

    A Norway-based PetroProd D&P I, a wholly owned subsidiary of PetroProd Ltd, has signed an EPC contract with Jurong Shipyard Pte Ltd of Singapore on June 22, 2007 for the construction of one MSC/Gusto CJ70 jack up rig at a cost of approximately USD 440 million to be delivered in 2010.