Four shipbuilding contracts signed by COSCO (Guangdong) Shipyard Co., Ltd with an American ship owner for the construction of four UT 771 CDL Platform Supply Vessels (“PSVs”) have been made effective on 15 March 2012 at a value of over US$ 105 million in total. Delivery of the above four vessels is
Woodside’s Pluto LNG Project in Western Australia has reached ready for start up (RFSU) status and first gas has entered the processing train late this afternoon. Woodside CEO Peter Coleman said the achievement of RFSU was an important milestone for the project. “This milestone is a credit to all th
WHL Energy Ltd announces that the Commonwealth – Victoria Offshore Petroleum Joint Authority has offered the Company the 2011 Australian Acreage Release block V11-2, which contains the La Bella gas field and several offset gas prospects and leads. The Company has formally resolved to accept the offe
Pancontinental Oil & Gas NL, an oil & gas exploration company with key assets in Australia, Kenya and Namibia. announces the completion of the Nanaa 3D seismic survey in area L8 offshore Kenya. The survey is additional to the earlier Mbawa 3D survey. Conducted by operator Apache Corporation on behal
Alfa Laval, a world leader in heat transfer, centrifugal separation and fluid handling — has won a plate heat exchanger order from a big oil company in Brazil. The order value is approximately USD 19.4 million and delivery is scheduled for 2012. The Alfa Laval plate heat exchangers will be installed
Canada’s engineering and construcion firm, SNC-Lavalin, has signed a project management contract with Petroleos de Venezuela S.A. (PDVSA) for the Delta Caribe Oriental Project. The value of the contract is approximately CAD $133 million (USD $134 mln) The Delta Caribe Oriental project is in the Sucr
Providence Resources P.l.c., the Irish oil and gas exploration and production company, whose shares are quoted in London (AIM) and Dublin (ESM), provides an update on Licensing Option 11/11 (‘Option’). This licensing authorization is located c. 250 km off the south-west coast of Ireland in c. 1,000
Havila Shipping has entered into an agreement with Brazil’s state controlled oil company, Petrobras, for the PSV vessel Havila Fortress. The contract is for a firm period of four years with possible extension for another four years. The commencement is at the end of second quarter. Havila Fortress w
Rolls-Royce, the global power systems company, has today received an order from Korean shipbuilder Hyundai Mipo Dockyard Co, Ltd. to design and equip four deepwater platform supply vessels. The contract is worth more than £45 million to Rolls-Royce and includes options for a further two vessels of t
MODEC, Inc., Mitsui & Co., Ltd. , Mitsui O.S.K. Lines, Ltd. and Marubeni Corporation have agreed that Mitsui, MOL and Marubeni will invest in a long-term charter business operated by MODEC for the purpose of providing a floating production, storage, and offloading system (“the FPSO,”) for use in the
Aker Solutions has won a contract from Det norske oljeselskap to conduct a front-end, engineering and design (FEED) study for the Draupne field on the Norwegian continental shelf. The study will be carried out by Aker Solutions’ newly established engineering office in London, and delivered to the li
Further to the stock exchange announcements of 31st of January and 18th February 2012, Awilco Drilling PLC confirms that the WilHunter recommenced normal drilling activity yesterday, 21st March, for MPX Energy Ltd on the Orlando well, Block 3/3b in the UKCS, as part of the SPD multi-well multi-clien
Melrose Resources plc, the oil and gas exploration, development and production company, today provides an update on its Muridava (Ex-27) exploration concession offshore Romania. In line with its previously stated strategy, Melrose has agreed to farm-out a proportion of its equity in the Concession,
Schlumberger announced today that it has entered into an agreement with Altor Fund II to acquire SPT Group—a privately owned software company specialized in dynamic modeling for the oil and gas industry. The company provides a combination of software and consulting services for multiphase flow and r
