Search results for: confirms

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  • 20 May 2014
    Business & Finance

    ACM Shipping and Braemar Shipping Services announced today that they have reached agreement on the terms of a recommended merger pursuant to which Braemar will acquire the entire issued and to be issued ordinary share capital of ACM. Under the terms of the merger, ACM Shareholders will be entitled to receive two New Ordinary Shares […]

  • 10 June 2014

    Vard Holdings Limited today confirmed that the contract for the design and construction of a large Offshore Subsea Construction Vessel (OSCV) with Solstad has been made effective. The contract is the largest single vessel order in VARD’s history. The contract value has already been included in the new order intake and order book values reported at […]

  • 3 November 2014
    Business & Finance

    Ophir Energy has confirmed it is interested in acquiring the entire issued and to be issued share capital of Salamander Energy. The announcement by Ophir today follows a statement issued on October 27 by Salamander, in which the Asia-focused oil company said it had been approached by Ophir and, separately, by a consortium led by Compañía Española […]

  • 5 November 2013

    MODEC, Inc. announced today that Petróleo Brasileiro S.A., through its subsidiary Guara B.V., on behalf of Consortium BM-S-9, has awarded Charter Contract for the supply, charter, and operations of a Floating, Production, Storage, and Offloading (FPSO) vessel for the BM-S-9 block (Carioca Area) in the giant “pre-salt” region of the Santos Basin. This announcement is further to the […]

  • 5 April 2012

      The Algerian Defence Ministry has sent a letter to the German manufacturer ThyssenKrupp Marine SystemsKrupp (TKMS), in relation to the Contract No. 674/889, signed on March 26, 2012, confirming the purchase of two Meko A200 frigates. This purchase represents a part of modernization of Algerian naval forces’ potential. The contract is worth €2, 175, […]

  • 21 August 2012

    Yemen LNG confirmed the sabotage of the 38 inch gas pipeline that links the block 18 to the Balhaf LNG terminal on the Gulf of Aden. The explosion occurred at 01h15 on 21 August 2012 at 171 KM North of Balhaf Liquefaction Plant. It caused no victims, the company said in a statement. The 320km […]

  • 4 June 2014
    Business & Finance

    Ocean Rig UDW Inc. has signed a drilling contract for one of its semi-submersible drilling rigs, the Eirik Raude. The drilling contract is for a minimum six-well program, with an estimated duration of about 260 days, for drilling offshore the Falkland Islands, with an estimated backlog of approximately $165 million. The rig is scheduled to […]

  • 31 July 2013

    GDF SUEZ E&P UK has announced that the Cragganmore exploration well was a successful gas discovery. Located at block 208/17, this is one of two wells drilled in the West of Shetlands in partnership with DONG Energy as operator. The Cragganmore well results are currently being evaluated to assess viability and determine further activity. The […]

  • 21 November 2014

    Work on the USD 40 billion Nicaragua canal will start on December 22 and the project will have minimal environmental and social impact, officials confirmed Thursday, November 20th, the Associated Press (AP) reports. The announcement comes in the wake of conclusion of feasibility studies which are expected to be approved next month. The construction’s initial […]

  • 11 October 2012

    The IBERDROLA Chairman, Ignacio Galán, has confirmed the Group’s firm commitment to the United Kingdom, where it plans to invest around 12,000 million pounds throughout this decade. During his speech last night at the Scottish Low Carbon Investment Conference, a meeting that will end today in Edinburgh, he said that electric power transmission and onshore […]

  • 16 June 2015

    Norwegian oil and gas giant Statoil has confirmed it will be laying off up to 1,500 permanent employees by the end of 2016.  Offshore Energy Today recently reported that Statoil might be reducing its workforce by 2,000 positions starting next year. The effort to standardise, simplify and increase efficiency across Statoil enters the next phase, the […]

  • 2 December 2013
    Business & Finance, Infrastructure

    Singapore’s ship builder Keppel has confirmed that Keppel Shipyard Ltd (Keppel Shipyard) and its topside partners are currently negotiating conversion and liquefaction contracts with Golar LNG on the conversion of an existing LNG carrier into a Floating Storage and Liquefaction Vessel (FLSV). The terms and conditions of the contracts, including the contract value and expected […]

  • 9 July 2014
    Business & Finance, Project & Tenders

    HRT Participações em Petróleo S.A. has confirmed signing of a purchase and sale agreement with Maersk Energia Ltda (“Maersk”) to acquire a 40% participating interest in the Polvo Field, in the Campos Basin, offshore Brazil. The completion of the purchase and sale transaction between HRTO&G and Maersk is subject to certain conditions, including the final approval […]

  • 8 November 2012

    Cornwall Council has confirmed its continued support for improvements to the harbours at St Mary’s and Penzance in order to safeguard the future of the sea link between the Isles of Scilly and the mainland. In a joint letter to the Under Secretary of State for Transport Norman Baker MP, Cornwall Council Leader Jim Currie […]

  • 25 September 2012

    Yemen LNG confirmed the sabotage of the 38 inch gas pipeline that links the block 18 to the Balhaf terminal on the Gulf of Aden. The explosion occurred today 35 KM North of Balhaf Liquefaction Plant. It caused no victims, the company said in a statement. The 320km pipeline transports around 1.14 billion cubic feet/day […]

  • 28 May 2007

    Russia will field an entry in the Volvo Ocean Race 2008-09. Backed by Oleg Zherebtsov, a St Petersburg businessman, the yacht will be skippered by former Austrian Olympic Star sailor Andreas Hanakamp. Michael Woods, who was Director of Race Operations for the 2001-02 race, will manage the team.

  • 15 February 2011

    Lundin Petroleum has a new field development on its hands after finding oil with the Caterpillar prospect well in the Norwegian sector of the North Sea. Lundin said the 24/9-10S well and 24/9-10A sidetrack in PL340 BS about 31 kilometres (19 miles) from the Alvheim FPSO – in what the company calls the Greater Luno […]

  • 13 February 2014

    Petronas of Malaysia confirmed it has reached the final investment decision (FID) for its second floating liquefied natural gas facility (PFLNG 2) project, located off the coast of Sabah in Malaysia.  LNG World News previously reported on February 3 that Petronas and Murphy Oil, the operator of Block H offshore Sabah, where the gas will […]

  • 8 November 2013

    Lamprell has completed and delivered the first of two Caspian Sea jackup rigs to the client, marking another significant milestone for the Group. The rig has now been delivered to the client and was recently towed out from the Astrakhan re-assembly yard to start operations on its first contract elsewhere in the Caspian Sea. The […]

  • 20 January 2011
    Business & Finance

    · European Wind Energy Association 2010 stats just released, confirm UK position · Total EU offshore now close to 3 gigawatts, powering 2.9 million EU homes · 19 gigawatts consented in EU waters, sufficient to power 14 European capital cities Latest offshore wind statistics, released today by the European Wind Energy Association (EWEA), confirm that […]

  • 15 May 2014
    Project & Tenders

    Technip confirmed that with its partners it has finalized the award by JSC Yamal LNG of a very major contract for a liquefied natural gas facility with a capacity of 16.5 million tons per year (Mt/y). The project will comprise three liquefaction trains of 5.5 Mt/y that are among the world’s largest and will make […]

  • 23 June 2014

    Contracts for construction of two offshore supply vessels by Vard for Nordic American offshore become effective.