The President of the European Commission José Manuel Barroso and the President of Azerbaijan Ilham Aliyev have signed a Joint Declaration on gas delivery for Europe in Baku. Azerbaijan commits to supplying substantial volumes of gas over the long term to the European Union, while Europe provides acc
On January 12, the signing ceremony of the main terms of the contract on Azerbaijani natural gas transaction between the State Oil Company of Azerbaijan (SOCAR) and National Iranian Gas Export Company (NIGEC) was hosted at SOCAR Head office. Speaking at the event, Mr. Rovnag Abdullayev, SOCAR Presid
On November 18th SSPA, FKAB, White Smoke and Swedish Marine Technology Forum entered into a joint agreement with the Korean energy giant KOGAS to evaluate the possibilities for developing a Korean system for delivery of LNG to gas-fuelled ships. The order is an acknowledgement of West Sweden as an a
VOSTA LMG B.V. has received from Jordan Modern Industries Co. Ltd. (JMI) a repeat order for the delivery of a Dismountable Cutter Suction Dredge, of type ‘CSD 600 S’ to the Iraqi market. The turn key project will be executed by VOSTA LMG in co-operation with its co-maker Vantage in Malaysia. The new
Vessel utilization is defined as the percentage of the full quarter where the vessel is in paid work either in the form of acquisition, mobilization, demobilization, steaming, standby or other. The vessel utilization for the 9 seismic vessels operated by SeaBird for Q4 2010 was 51%, down from 76% in
CGGVeritas and BG Group have signed a Technology Cooperation Agreement (TCA) that focuses on the development and deployment of advanced seismic solutions across the E&P workflow. Under the terms of the Agreement, the partners will collaborate on a number of high-end technology projects within BG Gro
GasTerra and Eneco announced that they have concluded a long-term agreement for the supply of natural gas to the Rotterdam-based energy company. The contract enhances Eneco’s ability to provide optimal, long-term supply for its customers. GasTerra will supply the gas via the TTF virtual trading poin
As of the 1st of January 2011 T.O.S (Transport & Offshore Services) will be the supplier of nautical temporary personnel (sailing) in the North Sea area for Rijkswaterstaat (part of the Dutch Ministry of Transport, Public Works and Water Management) for a period of three years. At the end of Decembe
The Company announces that the 9/3b-6z well has been successfully suspended for potential future use as a production well and the Ocean Nomad drilling rig is off hire from the Bentley field location. In addition to the successful well flow test announced on 21 December 2010, high quality downhole pr
Eni Norge AS, operator of production licence 489, is in the process of completing the drilling of wildcat well 7120/12-5 in the Barents Sea. The well has been drilled about 115 kilometres northwest of Hammerfest and about 50 kilometres west of the Goliat field. The purpose of the well was to prove p
Barents NaturGass AS has won a contract to supply liquefied natural gas (LNG) to Torghatten Nord AS for seven new LNG ferries in one of Norw… (ngvglobal) [mappress] Source: ngvglobal, December 31, 2010;
Dragon Oil plc , an international oil and gas exploration and production company, announces the completion and initial testing of the Dzheitune (Lam) 28/151 development well and successful commissioning of the 14-inch in-field pipeline. The Dzheitune (Lam) 28/151 was drilled to a depth of 3,512 metr
Ithaca Energy Inc. and its wholly owned subsidiary Ithaca Energy (UK) Limited, an independent oil & gas company with exploration, development and production assets in the UK sector of the North Sea, announces that stable production from the second workover well (A23) on Beatrice Alpha has increased
FMC Technologies, Inc. announced today that it has signed an agreement with Statoil for the manufacture and supply of subsea production equipment to support the Vigdis North-East development. The award has a value of approximately $75 million in revenue to FMC Technologies. Vigdis North-East is a fa
