Ulstein Group delivered the seismic research vessel Oceanic Vega to Eidesvik Seismic Vessels on 2 July. Oceanic Vega was named and delivered on 2 July. She is owned through a joint venture between shipowner, Eidesvik, and the geophysical company, CGGVeritas. “We are proud to deliver one of the most
Petroceltic International plc (PCI.L) (“Petroceltic” or “the Company”), the independent oil & gas exploration company focussed on the Middle East, North Africa and Mediterranean region, today advises that on 30th June the Italian Minister of Environment, Stafania Prestigiacomo, announced at a confer
DANA Petroleum has received a takeover approach from South Korea’s national oil company (KNOC) understood to value the explorer at up to… [mappress] Source: Business,July 2, 2010;
Rowan Companies, Inc. announced today that it has entered into a Share Purchase Agreement with Skeie Technology AS, Skeie Tech Invest AS and Wideluck Enterprises Limited and has obtained irrevocable commitments from Skeie Holding AS and Trafalgar AS (collectively, the “Sellers”) enabling Rowan to pu
Statoil is entering into frame agreements for insulation, scaffolding and surface treatment worth a total of NOK 12 billion, options included. The agreements relate to platforms, production vessels and land-based plants in Norway, as well as the Kalundborg refinery in Denmark. The agreements also ap
Around 250 jobs will be created in the first phase of plans for a £29m expansion of the North East’s biggest port. Teesport owner PD Ports… [mappress] Source: nebusiness, July 2, 2010;
Wood Group, the international energy services company, issues the following pre-close trading update for the six months to 30 June 2010. Overall performance for the Group for the year to date is in line with expectations. Engineering has performed as expected and bidding volumes have improved, givin
In reference to the announcement made on May 3, 2010, Sevan Marine ASA, on behalf of its wholly owned subsidiaries, and E.ON Ruhrgas UK E&P Limited, as operator on behalf of the Huntington owners, have agreed to extend the Exclusivity Period from June 30, 2010, to August 16, 2010, to allow for the c
Seadrill has taken delivery of the new deepwater drillship West Gemini from the Samsung Shipyard in South Korea. The unit was delivered on budget and one day ahead of original delivery schedule. The vessel will carry out a simulated drilling operation in Korean waters before relocation to Angola in
The fate of the project for the construction of a new container terminal in Bulgaria’s Black Sea Port of Varna will be clear in August,… [mappress] Source: novinite, June 30, 2010;
Lithuanian Prime Minister Andrius Kubilius indicated that Lithuania is ready to increase its economic cooperation with Belarus… [mappress] Source: lithuaniatribune, June 29, 2010;
Lundin Petroleum AB (“Lundin Petroleum”) through its wholly owned subsidiary Lundin Norway AS announces the approval from the Norwegian Ministry of Petroleum and Energy of the plan for development and operation (PDO) for the Gaupe field (former Pi) in PL292, located in the Norwegian North Sea. First
Aker Solutions has secured a three-year contract extension for engineering and construction work with client Nexen Petroleum UK Limited in the UK sector of the North Sea. Aker Solutions estimates the contract value to be approximately GBP 60 million. “It is a strategic objective for Aker Solutions t
EnCore Oil plc provides an update on the Catcher East side-track well located in UK Central North Sea block 28/9. The 28/9-1Z well has successfully encountered excellent quality oil bearing sandstones very similar to those in the Catcher discovery well, with average porosity of approximately 34 per
