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  • 13 April 2011
    Business & Finance, Operations & Maintenance, Project & Tenders

    Polarcus Limited announces that the Company has received a Letter of Award from Statoil for a 118 square kilometer 4D seismic acquisition project over PL037 Statfjord Nord and Sygna in the Norwegian Sea, offshore Norway. The project, subject to the execution of a service contract, will be acquired during the 2011 summer season and is […]

  • 8 April 2011
    Business & Finance, Operations & Maintenance, Project & Tenders

    Polarcus Limited  announces that the Company has received a Letter of Award for a 3D offshore seismic acquisition project for an undisclosed client. The project, to be acquired by POLARCUS NAILA and subject to the execution of a service contract, will commence in Q4 2011 and is expected to run for approximately 40 days. About […]

  • 6 April 2011

    Calling his leadership style “cavalier, conniving and cold-hearted,” Hernando County Commissioner Jeff Stabins on Tuesday issued an… By Barbara Behrendt (tampabay) [mappress] Source: tampabay, April 6, 2011  

  • 25 March 2011

    The Board of Directors of COSCO Corporation (Singapore) Limited (the “Company”) wishes to announce that its subsidiary, COSCO Nantong Shipyard Co., Ltd. (“COSCO Nantong”) (being a subsidiary of the Company’s 51% owned subsidiary, COSCO Shipyard Group Co., Ltd) had signed a letter of intent (“LOI”) dated 24 March 2011 with Sevan Drilling Rig V Pte […]

  • 15 March 2011
    Business & Finance, Operations & Maintenance, Project & Tenders

      Grenland Group has received three Letters of Intent for a total of NOK 220 million (USD 38.8 Million) from FMC Technologies’ Kongsberg operation. Manufacture of equipment to support the Ormen Lange Project Grenland Group, as a supplier to FMC Technologies, has received a Letter of Intent to manufacture and deliver one 8 slot Manifold […]

  • 10 March 2011
    Business & Finance, Operations & Maintenance

      TGS announces that it has signed a Letter of Intent with CGGVeritas to charter a high capacity vessel for 3D multi-client projects in Europe during the 2011 summer season. The charter will begin before the end of April and will last for approximately 4 months. The agreement also provides an option for TGS to […]

  • 9 March 2011

    A group of 122 environmentalists, conservationists, and elected officials sent a letter to President Obama yesterday urging support for the… (environmentamerica) [mappress]   Source: environmentamerica , March 09, 2011

  • 18 February 2011

    Petroleum Geo-Services ASA (PGS) has signed a Letter of Award with Mitsubishi Heavy Industries Ltd. for the delivery of two Ramform W-class vessels, with the option for another two ships. The vessels are the first in the new, fifth generation Ramform series. Planned deliveries of the two first vessels are in 2013. . PGS President […]

  • 8 February 2011
    Technology

    UK Wind Energy Services company, Gaoh Offshore announced the signing of a Letter of Intent covering the design development and construction… (tos) [mappress] Source: tos, February 08, 2011

  • 25 January 2011
    Business & Finance

    Hyperdynamics Corporation  today announced that the non-binding Letter of Intent it signed with a large independent oil and gas company has been terminated. The announcement of the Letter of Intent was made by Hyperdynamics on December 16, 2010. “We are pleased with the quality of the processed 3D seismic data from the recently acquired 3,635-square-kilometer […]

  • 3 January 2011

    Breda, The Netherlands, December 31, 2010 Dockwise announces that it has signed a contract for USD 25 mln, with an affiliate of Chevron U.S.A. Inc. regarding the transportation of the Jack & St. Malo hull from Korea to the Gulf of Mexico. It is the intention of the parties that this contract – already included […]

  • 4 November 2010
    Project & Tenders

    Further to the Golar LNG Energy (“Golar Energy”) announcement on October 12, 2012 that Golar Energy had been selected by PT Nusantara Regas, a joint venture between Pertamina and PGN, as the successful bidder for the provision of the West Java Floating Storage Regasification Terminal (“West Java FSRU Project”), the Board of Golar Energy is […]

  • 29 October 2010
    Business & Finance

    Polarcus Limited announced today that the Company has received two Letters of Intent for a combined minimum work program of 3,550 square kilometers offshore Southwest Africa, with the high potential for the program to expand to 5,000 square kilometers. The two separate Letters of Intent require the deployment of two 3D seismic vessels, POLARCUS NAILA […]

  • 20 October 2010
    Business & Finance

    Prosafe has been awarded a Letter of Intent (LoI) by Petróleo Brasileiro S.A. (Petrobras) for the provision of the Safe Concordia semi-submersible rig for safety and maintenance support offshore Brazil. The firm period of the contract linked to the LoI is three years and the total contract value is about USD 157 million. Operations are […]

  • 13 October 2010
    Business & Finance

    Polarcus Limited announced that the Company has received a Letter of Intent for a 3D seismic acquisition project estimated at up to three months duration. The project, presently assigned to POLARCUS ASIMA, will commence upon completion of the vessel’s current operations in the Black Sea. As a result of this announcement, the third such Letter […]

  • 5 October 2010
    Business & Finance

    Polarcus Limited  announced today that the Company has received a Letter of Intent from an independent oil & gas exploration and production company for an estimated 1,200 square kilometer 3D seismic acquisition project offshore West Africa. The project, to be acquired by POLARCUS NAILA, will commence upon completion of the vessel’s confirmed backlog and is […]

  • 5 October 2010
    Project & Tenders

    Engineering and construction company Clough Limited today announced that the BAM Clough Joint Venture has received an additional Letter of Intent from Chiyoda JGC Joint Venture for the fabrication and construction of the topsides for the PNG LNG condensate offloading jetty. The second contract is valued at approximately US$53 million, bringing the total value of […]

  • 30 August 2010
    Project & Tenders

    Engineering and construction company Clough Limited today announced that the BAM Clough Joint Venture has received a Letter of Intent from Chiyoda JGC Joint Venture to proceed with the design and construction of the LNG and condensate offloading jetty for the PNG LNG project. The contract is valued at approximately US$258 million. Engineering, procurement and […]

  • 23 August 2010
    Business & Finance

    Sevan Marine ASA and E.ON Ruhrgas UK E&P Limited (“E.ON”) as operator of the Huntington project have made good progress in the commercial agreements for the lease of the FPSO Sevan Voyageur. Huntington is operated by E.ON with an equity share of (25%). The other joint venture partners are Premier Oil ONS Limited (40%); Altinex […]

  • 18 August 2010
    Business & Finance

    The UMW Group announced today that a Letter of Award has been received from HESS (Indonesia-Pangkah) Limited of Jakarta, Indonesia, for the provision of UMW’s Jack-Up Drilling Rig “NAGA 2” and drilling services at a total contract value of approximately USD183.12 million. The contract shall consist of 7 firm wells and 13 option wells. The […]

  • 29 July 2010
    Business & Finance

    Aban Offshore Ltd has informed BSE that a letter of intent has been received for the deployment of the jack-up rig Aban VII offshore India for a three firm wells plus one optional well programme. The estimated revenue from the firm period of deployment (with an estimated duration of 120 days) is $10.5 million (equivalent […]

  • 1 July 2010

    In reference to the announcement made on May 3, 2010, Sevan Marine ASA, on behalf of its wholly owned subsidiaries, and E.ON Ruhrgas UK E&P Limited, as operator on behalf of the Huntington owners, have agreed to extend the Exclusivity Period from June 30, 2010, to August 16, 2010, to allow for the completion of […]

  • 23 June 2010

    Polarcus Limited announced today that it has received a Letter of Intent from OMV (NORGE) AS for a 3D seismic acquisition project in the Norwegian sector of the Barents Sea. The project will be acquired by POLARCUS NAILA, the Company’s second 12 streamer 3D seismic vessel. The project will commence in early August 2010 and […]

  • 1 June 2010

    SBM Offshore N.V. is pleased to announce that one of its Affiliates and Queiroz Galvão Óleo e Gás S.A. (QGOG), have received a Letter Of Intent (LOI) from PETROBRAS NETHERLANDS B.V. (PNBV) and PETROLEO BRASILEIRO S.A. – PETROBRAS as Operator of the Consortium BM-S-11, established by companies PETROBRAS (65%), BG E&P do Brasil LTDA (25%), […]

  • 19 April 2010
    Business & Finance, Equipment

    Seadrill has a letter of intent from Statoil for a new harsh environment jackup to drill on the Norwegian continental shelf. The five-year contract has an estimated value of around $650 million, including a $24-million mobilization fee, and is due to start in summer 2011. Statoil has an option to extend the contract by one […]