China National Offshore Oil Corporation (CNOOC) and BP signed an agreement on Tuesday regarding long-term LNG sale and purchase. According to the heads of agreement, which was signed in London, BP is to supply up to 1.5 mtpa of LNG from its global portfolio to CNOOC over 20 years starting in 2019. T
Conductor Installation Services Ltd (CIS), an Acteon company that provides hammer services to install conductors and drive piles, has successfully completed its first subsea piling services contract. CIS used its new remotely operated Subsea Piling System, which makes it possible to drive piles as l
DeepOcean AS, subsidiary of DeepOcean Group Holding BV, has been awarded the contract for Inspection, Repair and Maintenance (IRM) and ROV Inspection services on Dong Energy’s subsea assets in Danish and Norwegian waters. The Contract is for two years firm plus options and confirms DeepOcean’s stron
Chart Ferox, a unit of Chart industries in the Czech Republic, said it has been awarded two contracts by Gazprom Germania to provide fueling stations for LNG city buses in Poland produced by the local bus manufacturer Solbus. Chart Ferox is responsible for the complete station design and manufacture
Premier has sold its 30 per cent equity stake in licence PL359 to Lundin Norway AS for a total after tax consideration of $17.5 million, subject to Norwegian government approval. The transaction will result in a profit of approximately $10 million net to Premier. Licence PL359, located offshore Norw
Trade sources have said that the Sakhalin II LNG export plant will award a sell tender for three cargoes soon. Cargoes will be loaded in August and September, Reuters reports. Long-term buyers and stakeholders in the projects have been offered the chance to buy the cargoes and not the wider market,
Ithaca Energy Inc. has provided an operations update ahead of today’s 2014 Annual and Special Shareholders Meeting. Stella Development Drilling Update The third development well on the Stella field, well 30/06a-B1X (“B1”), has been successfully drilled to a total measured depth subsea of 16,185 feet
BG Group announced it had agreed the sale of its equity interest in the Central Area Transmission System (CATS) gas pipeline in the UK North Sea and associated infrastructure to Antin Infrastructure Partners for total proceeds up to £562 million, or approximately $954 million at current exchange rat
ION Geophysical Corporation announced that it has entered into an agreement to increase to 100% its ownership of ocean bottom seismic (OBS) acquisition company OceanGeo B.V. ION acquired 30% of OceanGeo in February 2013 and increased its ownership to 70% in January 2014. Brian Hanson, ION’s Presiden
The technology company The Linde Group has been awarded a contract by Arctech Helsinki Shipyard of Finland to build a liquefied natural gas (LNG) fuel gas system for a new icebreaker for the Finnish Transport Agency. The vessel has been designed especially for the demanding icebreaking operations in
The Board of Thalassa has announced that WGP Group has completed mobilisation for the first 2014 permanent reservoir monitoring survey over the Snorre field in the North Sea. The first good shot point has been achieved and production is underway. Statoil’s D-PMSSTM unit has been mobilised on the M/V
On 9 June, The Norwegian Petroleum Directorate completed the drilling of shallow boreholes in the western Norwegian Sea.
Sterling Resources Ltd. has announced that fracture stimulation and production testing of Breagh well A07, in the southern sector of the UK North Sea, have been successfully completed. After several days of flowing the well to clean it up, the well was production tested at a stabilized rate of 32 mi
Flensburger-Schiffbau-Gesellschaft (FSG) recently marked the start of a new era by successfully handing over AMAZON WARRIOR to its customer Western-Geco. “In the specialised shipbuilding sector, this is the most important ship we have built in the past 20 years. She has opened a door for us into a m
