Congressmen Bill Cassidy, M.D. (R-LA) and John Fleming, M.D. (R-LA) proposed the Fiduciary Responsibility and Fairness Act of 2013. This bill ensures the federal government fulfills its fiduciary responsibility of providing services and activities during a government shutdown that have funding deriv
Husky Energy’s disclosure in its June 5, 2013 press release of 20 million barrels of oil from the South White Rose extension is of estimated reserves comprised of 16.8 million barrels of probable reserves and 3.1 million barrels of possible reserves as of December 31, 2012. The development plan amen
RWE Dea UK has started gas production from the Breagh gas field located in the UK Southern North Sea. The first three wells brought into production had an initial total flow rate of 2.75 million cubic metres of gas per day. Total reserves of the Breagh field are estimated at approximately 19.8 billi
Chariot Oil & Gas Limited, the Atlantic margins focused oil and gas exploration company, reports that, as detailed in the announcement of 8 August 2013, the farm-out agreement signed between its wholly-owned subsidiary, Chariot Oil & Gas Investments (Mauritania) Ltd. and Capricorn Mauritania Limited
Hyundai Heavy Industries (HHI), the world’s biggest shipbuilder won a USD 850 million order to build four 150,000 m3 Moss type LNG carriers from Malaysian oil company Petroliam Nasional Bhd (Petronas). The contract also includes an option exercisable by the owner to order four additional same class
WDS Limited announced that its Energy Division has won contract work with a total value exceeding $50M, for delivery in the current financial year. Two of the contracts are with Santos Limited (GLNG Project) and Vale (Carborough Downs Coal Mine). WDS is celebrating ten years of service delivery to S
Qatargas and E.ON Global Commodities signed a flexible SPA for five years starting in January 2014 and covering a volume of approximately 1.5 million tonnes of LNG per year. The LNG will come from Qatargas 4 (Train 7), a joint venture between Qatar Petroleum and Shell, and will be delivered on-board
Global performance improvement solutions provider GP Strategies Corporation announced that its Alternative Fuels business unit has signed a multimillion-dollar contract to design and construct thirteen liquefied natural gas (LNG) fueling stations for UPS® across the US. GP Strategies is the engineer
Aker Solutions has secured the contract for the first phase of decommissioning the Murchison platform in the North Sea after more than 30 years of production. The three year contract was awarded by CNR International (UK) Ltd. Aker Solutions will manage the engineering design, procurement and offshor
Huisman, the worldwide specialist in lifting, drilling and subsea solutions, has secured a new contract from Helix Energy Solutions Group, Inc. for the delivery of a Well Intervention System onboard Helix’s new build Semi submersible “Q7000”. The system, which is based on Huisman’s proven Multi Purp
Otto Energy Limited, as operator of the producing Galoc oilfield joint venture offshore the Philippines, provides the following update on the Galoc-5H and Galoc-6H drilling campaign in SC14C, part of the Galoc Phase II development project approved in 2012. During the period from 0600 hours (AWST) on
Reef Subsea Integrated Projects has secured a multi-million pound contract with Technip Norge AS for trenching services on the Boyla Development Project in the North Sea. RSIP will provide the state-of-the-art Q1000 jet trencher, along with a team of experienced operators, to conduct trenching servi
The Defence Science and Technology Organisation (DSTO) and Thales Australia have signed a strategic alliance to collaborate on a number of research programs aimed at strengthening Defence capability. The new alliance focuses on research and development of armaments, underwater systems and land syste
Tangiers Petroleum Limited (Tangiers) advises that it has terminated its Farm-out Agreement with CWH Resources Limited in relation to the offshore permits WA-442-P and NT/P81 (Permits) located in the Joseph Bonaparte Gulf, northern Australia. Tangiers terminated the agreement because CWH did not mee
