Tullow Oil plc (Tullow) announces that it has entered into an agreement to acquire Nuon Exploration and Production (Nuon E&P) for a cash consideration of €300 million from the Vattenfall Group. The acquisition of Nuon E&P will significantly enhance Tullow’s North Sea business adding a portfolio of 2
Italdraghe has just delivered a new-build SGT 250 cutter suction dredger to the local Town Council of Pollica, in the Cilento and Vallo di Diano National Park in Southern Italy. The economy of this beautiful resort is heavily reliant on its seasonal tourist industry, which in turn depends to a large
Leed Petroleum PLC , the oil and gas exploration and production company, today announces that, further to the announcement on 6 May 2011, Leed Petroleum LLC sold all of its oil and gas assets to a private company for US$16,000,000. This sale constitutes a sale of substantially all of the assets of C
Apply Sørco, a company owned by Apply ASA, has been awarded the contract on Statoil’s Gullfaks C platform for topside modifications regarding replacement of production pipelines for the Tordis field. The work includes engineering, procurement, fabrication and installation of two 10″ pipelines with v
Kreuz Holdings Limited , a subsea service provider for the oil and gas industry, announced that it has secured contract wins for various subsea works to be performed in Indonesia and Thailand. The contracts totaled approximately US$44 million of which approximately US$12 million are from a third-par
Apply Sørco, a company owned by Apply ASA, has been awarded the contract on Statoil’s Gullfaks C platform for topside modifications regarding replacement of production pipelines for the Tordis field. The work includes engineering, procurement, fabrication and installation of two 10″ pipelines with v
NGenTec has made three board appointments as it moves towards commercialising its wind turbine technology. (business7) [mappress] Source: business7, May 23, 2011;
Leading project management, engineering and construction company, Technip has issued a call to talented subsea specialists to discuss their… (subseauk) [mappress] Source: subseauk ,May 23, 2011;
Kreuz Holdings Limited (“Kreuz” or together with its subsidiaries, the “Group”), a subsea service provider for the oil and gas industry, today announced that it has secured contract wins for various subsea works to be performed in Indonesia and Thailand. The contracts totaled approximately US$44 mil
Alewijnse Noord BV, a subsidiary of Alewijnse Marine Systems based in Drachten, the Netherlands, has recently secured the largest order in its history. The contract is for the installation of the electrical systems on board three new Pilot Station Vessels (PSVs) for the Dutch Pilotage Services. The
In the 2nd Indonesian International Bid Round 2010, Eni has been awarded the 100% participation interest and operatorship of Block Arguni I located on and offshore in the West Papua Province, Eastern Indonesia. The Block Arguni I covers an area of 5,386 square km in the Bintuni Basin, a mainly gas p
Kreuz Holdings Limited , a subsea service provider for the oil and gas industry, announced that it has secured contract wins for various subsea works to be performed in Indonesia and Thailand. The contracts totaled approximately US$44 million of which approximately US$12 million are from a third-par
Dawn is beginning to break in Cornwall and the Leviathan and Kraken, two grand vessels, sit patiently awaiting their departure from the… By Ellie Zolfagharifard (theengineer) [mappress] Source: theengineer, May 23, 2011;
Dawn is beginning to break in Cornwall and the Leviathan and Kraken, two grand vessels, sit patiently awaiting their departure from the… By Ellie Zolfagharifard (theengineer) [mappress] Source: theengineer, May 23, 2011;