Long-standing tradition will be continued at this year’s ONS oil show in Stavanger, when the Petroleum Safety Authority shifts from its red-green logo to assemble beneath the national coat of arms. The golden lion rampant with its axe on a red shield will unite the principal government authorities i
The State Oil Company of Azerbaijan Republic (SOCAR) develops a plan to transfer the infrastructure and communications in the shallow part… [mappress] Source: tradingcharts, August 12, 2010:
Centrica Energy Upstream (‘Centrica’) and Sevan Marine ASA (‘Sevan’) have, through their respective wholly-owned subsidiaries, entered into an agreement for Sevan to acquire Centrica’s 20% equity interest in FPSO Sevan Hummingbird for a net consideration of USD 39 million. Following the transaction,
Aker Solutions and the Kazakh company KGNT Holding has established a 50/50 joint venture, Aker Caspian. The company is targeted for servicing the offshore oil and gas industry in the Kazakhstan sector of the Caspian Sea. It will offer a wide scope of services to offshore field development and mainte
U.K. natural gas grid operator National Grid PLC (NGG) Wednesday said the Grace Cosmos liquefied natural gas ship berthed at its Isle of Gra… (automatedtrader) [mappress] Source: automatedtrader, August 12, 2010;
Adventus Group, a global remediation technology enterprise, announces that it has signed an agreement for establishment of a joint venture (JV) with S&B Industrial Minerals. The agreement was signed between Adventus Intellectual Property Inc. (Canada based parent company of Adventus Americas Inc. an
Mercuria Energy trading announced today that Dan Masters and Andrew Helm have joined Mercuria to commence trading in Liquefied Natural Gas (LNG). The business will be led by Dan Masters. Dan and Andrew both held senior trading positions with BPs LNG business, Andrew in Houston and Dan in London. Mer
CGGVeritas has launched the Oceanic Vega seismic vessel at a naming ceremony held at the Ulstein Verft shipyard in Norway. The Oceanic Vega is the first of a new generation of Ulstein SX120 high-end, environmentally friendly vessels and the first of two X-BOW® vessels commissioned by CGGVeritas, the
Wärtsilä’s Energopac is an integrated propeller and rudder design that effectively reduces flow separation behind the propeller hub, thereby reducing frictional drag while preserving course-keeping capabilities. In recent trials carried out in co-operation with the Spliethoff Group, a company that m
The Norwegian authorities’ has approved the development plan for the Norwegian gas field Marulk. As earlier announced DONG Energy agreed to the development plan in July 2010. The field is estimated to contain 71 million barrels of oil equivalents (boe) in total commercial reserves and to be in produ
The 210,000m³ Al Ghariya is expected to deliver a Qatari LNG cargo to the French terminal of Montoir on 19 August, around a month after the… (argusmedia) [mappress] Source: argusmedia, August 10, 2010;
Floating Liquefied Natural Gas (FLNG) business has been witnessing a rapid growth since 2005 and has now emerged as one of the leading desti… pr-inside [mappress] Source: pr-inside , August 6, 2010;
According to DNV’s summer students, LNG could easily become the most feasible means of fuel in short sea shipping. The students’ report was… motorship [mappress] Source : motorship , August 6, 2010;
EnCore Oil plc announces that the J.W.McLean rig has arrived at the Cladhan location on UK Northern North Sea blocks 210/29a & 210/30a and operations have commenced to sidetrack and delineate the oil discovery made in December 2008. The equity in the Cladhan joint venture partnership is as follows:
