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Business & Finance

Norway: APA 2011 Awards Two Operatorships to GDF SUEZ
Business & Finance

Norway: APA 2011 Awards Two Operatorships to GDF SUEZ

GDF SUEZ E&P Norge was awarded three partnership licenses and two operatorships in the North Sea through the Awards in Predefined Areas round for 2011. The two operatorships are located in the Gjøa area (PL 636 and PL 634). Two of the partnership licenses are located in the northern North Sea, and t

about 15 years ago
Malaysia: Bumi Armada Wins Charter Contract from Petrobras
Business & Finance

Malaysia: Bumi Armada Wins Charter Contract from Petrobras

Malaysia-based international offshore oil field services provider, Bumi Armada Berhad, announced that its subsidiary, Bumi Armada Navigation Sdn Bhd, has been awarded a four year charter and operations contract by Brazilian oil and gas major, Petroleo Brasileiro S.A. (PETROBRAS) for its Anchor Handl

about 15 years ago
UK: ConocoPhillips Aims to Extend Britannia Field Life with New LTC Module
Business & Finance

UK: ConocoPhillips Aims to Extend Britannia Field Life with New LTC Module

Wilton Engineering Services Limited (WESL), has been awarded a significant UK North Sea contract with international integrated energy company, ConocoPhillips. The award to fabricate the Long Term Compression (LTC) module for the Britannia field will create up to 100 new jobs with a further 150 sub-c

about 15 years ago
Partrac to Host Official Workshop at RenewableUK Wave & Tidal 2012 Conference
Business & Finance

Partrac to Host Official Workshop at RenewableUK Wave & Tidal 2012 Conference

The Partrac Group will be hosting an official workshop at the RenewableUK Wave & Tidal 2012 Conference and Exhibition. The workshop, entitled ‘Unique Challenges of Site Characterisation in Wave & Tidal Projects’, will take place on 14th March 2012 at the EICC, Edinburgh, the day before the main conf

about 15 years ago
Malaysia: Nam Cheong Sells Accommodation Work Barge to CNN Capital
Business & Finance

Malaysia: Nam Cheong Sells Accommodation Work Barge to CNN Capital

Nam Cheong Limited, global Offshore Support Vessel (OSV) shipbuilder that focuses on the construction and engineering of complex, sophisticated and environmentally-friendly OSVs, announced that it has, through its wholly-owned subsidiary Nam Cheong International Ltd, sold a RM84 million (approximate

about 15 years ago

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USA: Sercel Acquires GRC’s Assets
Business & Finance

USA: Sercel Acquires GRC’s Assets

CGGVeritas announced that its subsidiary Sercel has acquired the assets of Geophysical Research Company, LLC (“GRC”). Headquartered in Tulsa, Oklahoma (USA), and established in 1925 by Amerada Petroleum Corporation, GRC is a leading provider of downhole sensors and gauges for the oil and gas industr

about 15 years ago
Norway: APA 2011 Brings Two Operatorships for GDF SUEZ
Business & Finance

Norway: APA 2011 Brings Two Operatorships for GDF SUEZ

GDF SUEZ E&P Norge was today awarded three partnership licenses and two operatorships in the North Sea through the Awards in Predefined Areas round for 2011. The two operatorships are located in the Gjøa area (PL 636 and PL 634). Two of the partnership licenses are located in the northern North Sea,

about 15 years ago
Rig Incident Offshore Nigeria – Two Workers Missing
Business & Finance

Rig Incident Offshore Nigeria – Two Workers Missing

Chevron Corporation​ said that an extensive search and rescue effort continues for two contractors who remain missing after yesterday’s fire aboard the K.S. Endeavor, a drilling rig offshore Nigeria operated by FODE Drilling Nigeria Limited. “While Chevron’s highest priority remains the rescue of th

about 15 years ago
Philippines: Transocean Drillship Fails to Pass Key Acceptance Test
Business & Finance

Philippines: Transocean Drillship Fails to Pass Key Acceptance Test

Otto Energy Ltd advises that it has received confirmation from farm -in partner, BHP Billiton, that it has issued a termination notice for the Transocean Deepwater Expedition drillship due to the vessel not passing key acceptance tests . BHP Billiton has advised that it is progressing preparations t

about 15 years ago
USA: Tampa Port, Costa Rican Port Sign Joint Marketing Agreement
Business & Finance

USA: Tampa Port, Costa Rican Port Sign Joint Marketing Agreement

The Tampa Port Authority announced signing of a sister port agreement with Board of Port Administration and Economic Development of the Atlantic (JAPDEVA), which essentially strengthens commercial relationships between the two entities and encourages shared trade and marketing initiatives. The Port

about 15 years ago

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Noreco Acquires Stake in 8 Licences Offshore Norway
Business & Finance

Noreco Acquires Stake in 8 Licences Offshore Norway

Norwegian Energy Company (Noreco) has been awarded eight new licences in the 2011 Awards in Predefined Areas (APA) in Norway. “We are very pleased with these awards, which demonstrate the strong competence in the Noreco team,” says Lars Fosvold, Vice President Exploration. “Noreco is one of the most

about 15 years ago
MEO Australia Finalizes Acquisition of Zeppelin 2D Seismic Survey
Business & Finance

MEO Australia Finalizes Acquisition of Zeppelin 2D Seismic Survey

MEO Australia Limited advises that the S/R Veritas Viking II completed acquisition of the 170 km Zeppelin 2D seismic survey in AC/P53 in the Ashmore Cartier region of the Timor Sea (Vulcan sub-basin) at 21:02 (WST) on 17th January 2012. This survey included a tie line to the 507 km2 Zeppelin 3D surv

about 15 years ago
Greece: Paragon Shipping to Renegotiate Charter for MV Friendly Seas
Business & Finance

Greece: Paragon Shipping to Renegotiate Charter for MV Friendly Seas

Paragon Shipping Inc., announced that it has been notified by Deiulemar Compagnina di Navigazione SpA, the charterer of the M/V Friendly Seas, a 2008 built 58,779 dwt Supramax bulkcarrier, that it will seek to modify the terms of the existing charter, which has a remaining duration of about 27 month

about 15 years ago
Australia: Veritas Viking II Completes Zeppelin 2D Seismic Survey
Business & Finance

Australia: Veritas Viking II Completes Zeppelin 2D Seismic Survey

MEO Australia Limited advises that the S/R Veritas Viking II completed acquisition of the 170 km Zeppelin 2D seismic survey in AC/P53 in the Ashmore Cartier region of the Timor Sea (Vulcan sub – basin) at 21:02 (WST) on 17 th January 2012. This survey included a tie line to the 507 km 2 Zeppelin [&h

about 15 years ago