Mermaid Maritime Public Company Limited announces that its wholly owned subsidiary Subtech Ltd. has entered a joint venture agreement with General Technologies & Systems Co. Ltd. (“Gentas”), a subsidiary of Shoaibi Group and Saudi Trading & Research Co., Ltd. (“Starc”), to form Subtech Saudi Arabia
Reference is made to the notice published by Polarcus Limited on 26 July 2010 regarding the receipt of a Letter of Intent from Gassnova SF for a second Carbon Capture and Storage (CCS) 3D comprising 323 square kilometers offshore Norway (the “Troll Kystnær 3D”), and the subsequent delay of this proj
RAK Petroleum Public Company Limited has chartered the first Topaz Wave Piercer for use in the Gulf, the Company announced today. Designed by Incat Holdings Limited of Australia and built by Topaz Marine based in Dubai, the long-term charter vessel will be used for production crews commuting to and
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
Leighton Offshore announced the signing of an EPC contract with Iraq’s South Oil Company to install three single point moorings (SPMs) and 120 kilometres of 48- inch pipelines in the Arabian Gulf, offshore Iraq. The project will provide enhanced export facilities from the Fao Terminal near Al Basrah
Delek Group subsidiaries Delek Drilling L.P. and Avner Oil Exploration Limited Partnership published the following report: “With regard to the immediate report dated 29.8.10 (Reference 2010-01-601575: Delek Drilling and Reference 2010-01-648921: Avner), we hereby announce that Noble Energy Mediterra
Lamprell , a leading provider of specialist engineering services to the international oil & gas and renewables industry, confirms that pursuant to an announcement issued earlier today by Eurasia Drilling Company Limited (“Eurasia”), it has entered into a Memorandum of Understanding with Eurasia for
The semi submersible drilling rig “Lone Star” has been delivered and handed over to their client Queiroz Galvão Perfuraçoes S.A. offshore Abu Dhabi on 13 October 2010. The rig is the first out of a series of three semi submersible drilling rigs which the Company will supply to Brazilian clients. Del
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
Technip has been awarded a lump sum engineering, procurement, fabrication, installation, commissioning and start-up contract, worth nearly USD400 million, by the Khafji Joint Operations (joint venture between Aramco Gulf Operations and Kuwait Gulf Oil Company), for the Khafji Crude Related Offshore
Global Industries, Ltd. announced today that its wholly owned subsidiary, Global Offshore International, Ltd., has been awarded a contract from Dubai Petroleum Establishment (DPE) to perform the Al Jalilah Platform and Pipelines EPC project. The project, which should be completed in the first half o
Aker Solutions has been selected to supply further subsea umbilicals for leading US independent oil and gas company Noble Energy Inc. The deal is worth approximately NOK 270 million. This latest order is an exercise of options agreed under the initial NOK 650 million umbilical contract which was ann
Noble Energy, Inc. announced that it has sanctioned the Tamar natural gas project offshore Israel. Discovered in 2009, Tamar is operated by Noble Energy and has total recoverable resources estimated at 8.4 trillion cubic feet of natural gas. Initial development of Tamar will include five subsea well
McDermott International, Inc. , announced that one of its subsidiaries was awarded a Contract Release Purchase Order under the Offshore Maintain Potential Project, as part of the Long Term Agreement with Saudi Aramco. This award was included in McDermott’s second quarter 2010 backlog. “Our ability t
