Nido Petroleum Limited announce that its wholly owned subsidiary, Nido Production (Galoc) Pty Ltd, has signed a senior secured debt facility with Standard Bank pic for up to a maximum of US$30 million for a term of three years. The facility will provide a significant portion of Nido’s share of fundi
GE yesterday announced it has signed a more than US$600 million, 22-year contractual services agreement (CSA) with Chevron Australia Pty LTD to maintain the compression trains, power generation and associated equipment that will be at the heart of the Chevron-operated Gorgon Project off the northwes
NewSat Limited, Australia’s satellite company, announced the signing of a two year contract with its partner BAE Systems. The contract is worth US$8.59 million and is to provide hardware and satellite communications services through NewSat’s Perth based teleport to the Wheatstone Project. Thw Wheats
GE said it has signed a more than US$600 million, 22-year contractual services agreement (CSA) with Chevron Australia Pty LTD to maintain the compression trains, power generation and associated equipment that will be at the heart of the Chevron-operated Gorgon Project off the northwestern coast of A
Linde North America’s solution for using liquefied natural gas (LNG) to fuel engines and power generators is being tested in West Virginia by EQT Corporation, an energy company focused on natural gas production, transmission and distribution. “We are pleased to be working with EQT to demonstrate the
Aker Solutions has won a contract to deliver a deepwater drilling riser system to Atwood Oceanics, the drilling operator. The contract value is undisclosed. The deepwater drilling riser system will be manufactured and delivered from Aker Solutions’ manufacturing plant in Port Klang, Malaysia. “We ar
OceanSaver’s ballast water treatment (BWT) system has been chosen for two 162,000 cbm LNG carriers being built by BW Gas. OceanSaver was selected due to its competitive pricing, low operating costs, and compatible technical system. BW Gas is one of the largest independent owners and operators of LNG
WDS Limited said it has signed a $24 million Construction Services Agreement with Santos for the GLNG Upstream Project. WDS also has marked its further support of the burgeoning CSG industry in the Surat Basin with a new WDS facility in Roma. This new facility will enhance the value of the personnel
Pancontinental Oil & Gas NL (“Pancontinental”) announces that it has reached agreement with EL 0037 co-venturer Paragon Holdings Limited (“Paragon”) for Pancontinental to purchase 10% of Paragon’s interest in the EL 0037 licence for US$4 million. Pancontinental will now pay Paragon US$2 million and
The EPC conversion project P-63 (Papa Terra) is under construction at the COSCO Dalian yard in China. As a consequence of increased work scope compared with initial plans, the departure of the unit has been delayed. A thorough review of the consequences of the extended yard stay and additional scope
Air Products’ global leading liquefied natural gas technology and equipment will be floating on an LNG production platform 180 kilometers off the coast of Malaysia and producing 1.2 million tons per year of LNG when the PETRONAS Floating LNG Project 1 comes onstream in late 2015. Air Products announ
Speedy announces that, as subcontract partner to ESNAAD, the support services arm of Abu Dhabi National Oil Company (ADNOC), it has been awarded a long-term contract to provide logistics, asset management and equipment rental services to support Zakum Development Company’s (ZADCO) flagship UZ 750 Pr
China Oilfield Services Limited recently received an official contract award letter from PTT Exploration & Production PCL “PTTEP”, confirming that it has won the tender for 3D seismic collection in Andaman Sea, Thailand. This will be the first international winter 3D seismic collection operation for
Rialto announces the completion of drill stem testing (“DST”) of the Gazelle-P3 ST2 well (“ST2 well”), achieving maximum flow rates of 19.5mmscfd gas and an unstabilised rate of 760 bopd from separate sands within the Upper Cenomanian (UC-1) reservoir. The maximum gas flow rate was constrained due t
