Sembcorp Marine’s subsidiary Sembawang Shipyard has secured a newbuilding and three major upgrading contracts totalling S$215 million, reinforcing its reputation as a world leading shipyard for ship repairs, ship conversions and specialized offshore newbuildings. The first contract is awarded by Tee
Alexey Miller, Chairman of the Gazprom’s Management Committee and Tetsuhiro Hosono, Director General of the Agency for Natural Resources and Energy under the Japanese Ministry of Economy, Trade and Industry signed an Agreement of Cooperation. The Agreement envisages preparation of a joint feasibilit
Golar LNG Energy Limited is pleased to announce that it has entered into agreements to time charter its 4 modern LNG carriers (Golar Grand, Golar Viking, Golar Arctic and Golar Maria) for periods of between 12 and 18 months to various charterers. Total charter coverage amounts to 57 months. The comm
Rig utilisation in the fourth quarter of 2010 was 61 per cent. MSV Regalia(image) operated for BP at Valhall in Norway until 23 November. Safe Scandinavia operated for Statoil in Norway until the end of October. Before replacing MSV Regalia, Safe Scandinavia adjusted the gangway to correspond to the
Leading independent satellite communications company NewSat Limited has announced $2.8 million worth of new contract wins. This positive result continues the strong end to 2010 with the previously announced $3 million worth of contracts closed in late 2010. These results were an extremely strong way
Bangladesh signed a deal with Qatar Sunday to import 4 million tons of Liquefied Natural Gas per year from the Middle East country… (istockanalyst) [mappress] Source: istockanalyst, January 16, 2011;
BP and Rosneft announced that they have agreed a groundbreaking strategic global alliance. Rosneft and BP have agreed to explore and develop three license blocks – EPNZ 1,2,3 – on the Russian Arctic continental shelf. These licences were awarded to Rosneft in 2010 and cover approximately 125,000 squ
Saipem has been awarded new onshore contracts worth approximately US$1 billion. In Australia, Gladstone LNG Operations Pty Ltd awarded Saipem the EPC contract for the engineering, procurement and construction of a gas pipeline, 42 inches in diameter and 435 kilometres-long, which will connect the ga
Gas Transmission Operator GAZ-SYSTEM S.A. and Eustream, a.s. (the Slovak transmission operator) have signed a letter of intent for cooperation on the development of a gas pipeline between Poland and Slovakia. ”Cooperation with the Slovak transmission operator is an element of the GAZ-SYSTEM S.A. str
Drydocks World and DNV have entered into a cooperation agreement focusing on innovation and operational efficiency… (khaleejtimes) [mappress] Source: khaleejtimes, January 14, 2011;
THESE MATERIALS DO NOT CONSTITUTE OR FORM A PART OF ANY OFFER OR SOLICITATION TO PURCHASE OR SUBSCRIBE FOR SECURITIES IN THE UNITED STATES. THE NOTES MENTIONED HEREIN HAVE NOT BEEN, AND WILL NOT BE, REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933 (THE “SECURITIES ACT”). THE NOTES MAY NOT B
THESE MATERIALS DO NOT CONSTITUTE OR FORM A PART OF ANY OFFER OR SOLICITATION TO PURCHASE OR SUBSCRIBE FOR SECURITIES IN THE UNITED STATES. THE NOTES MENTIONED HEREIN HAVE NOT BEEN, AND WILL NOT BE, REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933 (THE “SECURITIES ACT”). THE NOTES MAY NOT B
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
