News
Dong Energy Gets Approval for Drilling in Norwegian North Sea
Dong E&P Norge AS (Dong) has received consent to conduct exploration drilling in block 3/7 offshore Norway. The well will be drilled with the Mærsk Giant jack-up rig. The Petroleum Safety Authority Norway (PSA) has granted Dong consent to carry out exploration drilling of well 3/7-9S. The objective
BG of UK Secures USD 1.8 Billion Loan
BG Group of UK said that it has secured a $1.8 billion loan from the Export-Import Bank of the United States (US Ex-Im). The loan, which marks further progress in the Group’s funding diversification plans, is also designed to support the export of US services and equipment for the ongoing delivery o
Happy New Year 2013!
World Maritime News team wishes all our readers a joyous holiday and a happy and prosperous New Year! May 2013 bring you fair winds and following seas! HAPPY NEW YEAR!!!
BP Gets Approval to Use Safe Scandinavia on Valhall Field
BP has received consent to use the Safe Scandinavia living quarters facility for accommodation on the Valhall field in the Norwegian sector of the North Sea. On 27 June 2012, BP Norge AS (BP) received consent to use the Safe Scandinavia mobile living quarters facility on the Valhall field. The facil
Fluxys to Buy Medgaz Stake, Belgium
Fluxys SA said that it has reached an agreement with Endesa and Iberdrola for Fluxys to acquire their stakes in Medgaz, owner and operator of the subsea pipeline flowing gas from Algeria into Spain. Fluxys expects to close both transactions in the first half of 2013. Prior to closing, the transactio
Carizzo Sells Huntington Stake to Iona (UK)
Carrizo Oil & Gas, Inc. today announced that it has entered into a definitive agreement to sell its wholly owned subsidiary Carrizo UK Huntington Limited, and all of its interest in the Huntington Field in the UK North Sea to a subsidiary of Iona Energy Inc. for a cash consideration of $184 million.
Novatek of Russia Buys Regional Gas Distributor
NOVATEK announced today the acquisition of an 82% participation interest in the share capital of OOO Gazprom Mezhregiongas Kostroma for a total consideration of RR 554 million. Gazprom Mezhregiongas Kostroma supplies natural gas to a wide range of consumers in the Kostroma Region (the “Region”). In
Production Resumes at Victoria Field, Bridge Energy Says
Bridge Energy today announced that production from Victoria field, located in the southern sector of the North Sea, off UK, has resumed. The production had been shut since November 30, because the gas export infrastructure system used by the Victoria field was unavailable. The system is now fully op
OMV Petrom Hires GSP Jupiter Rig (Romania)
Romania’s GSP Offshore has secured a new contract in the Black Sea for GSP Jupiter rig. GSP Jupiter shall provide light side track services offshore Romania for OMV Petrom on the Romanian continental shelf. The rig has successfully completed the works under the contract with Sterling Resources. The
Eni, GazpromExport Discuss Their Gas Contracts (Russia)
Eni and GazpromExport held today in Moscow a working session on their gas contracts. The parties will meet again in January to continue the discussion. Eni has been present in Russia since 2007 and currently produces 19,000 boepd from the Samburskoye field. [mappress] LNG World News Staff, December
Aker Solutions to Make Modifications to Gullfaks South Topside
Aker Solutions has been awarded a topside modification contract by Statoil to increase oil recovery at Gullfaks South. Estimated contract value is NOK 180 million (USD 32.3 million) . The main object of the project is to deliver topside modification for tie-in of two new templates, located at Gullfa
Greece, TAP Begin Host Government Agreement Talks
The Trans Adriatic Pipeline (TAP) and the Greek government formally initiated the process to conclude the Host Government Agreement that will govern the group’s investment. At 1.5 billion Euros, this is expected to be the single largest current Foreign Direct Investment (FDI) in Greece. TAP is compe
Gazprom, Bauer Comp to Cooperate on CNG Filling Stations in Russia
The Gazprom headquarters hosted a working meeting between Vitaly Markelov, Deputy Chairman of the Company’s Management Committee and Heinz Bauer, owner of BAUER COMP. During the talks the BAUER COMP experts made proposals regarding organizational arrangements for co-production of compressed natural
NATO Shipping Centre: Weekly Piracy Update
All 22 hostages from the MV Iceberg 1 have now been released from pirate captivity. They had been held since the Iceberg 1 was pirated on 29 March 2010, a period of two years and nine months. The former hostages are now recovering from their ordeal and are receiving food and medical care. On 21 [&he