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
Dragon Oil plc , an international oil and gas exploration and production company, announces the completion and initial testing of the Dzheitune (Lam) B/150 development well. The Dzheitune (Lam) B/150 was drilled to a depth of 3,980 metres and completed as a dual producer by the Iran Khazar rig. The
Nido Petroleum Limited , as Operator of Service Contract 54A (SC 54A), provides this update on activities within the block. Since the last operations update on 6 January 2011, the Tindalo well has been plugged and abandoned without significant incident and the Aquamarine Driller (owned by Vantage Dr
GM&T and Gujarat State Petroleum Corporation Ltd. (“GSPC”) have concluded an agreement for the sale and purchase of LNG. Under the agreement, Gazprom Marketing & Trading Singapore Pte. Ltd. (a wholly-owned affiliate of GM&T) will sell to GSPC about 0.3 million tonnes of LNG over a two-year period. T
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
Roc Oil (Mauritania) Company, a wholly owned subsidiary of ROC, advises that the Maersk Deliverer rig started drilling the Gharabi-1 exploration well at 19:10 hours (Mauritania time) on 7 January 2011. At 06:00 hours on 9 January (Mauritania time) the well was drilling ahead at a measured depth of 2
Hyundai Heavy Industries, the world’s No.1 shipbuilder, received a letter of award (LOA) on January 11 for a $900 million deal to execute the offshore part of Barzan Gas Project in Qatar. Following the LOA, the official contract will be signed later in January. The project will be located 80 km nort
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
GDF SUEZ Bonaparte, operator of the Bonaparte LNG project, has awarded the contracts for pre‐Front End Engineering and Design (pre‐FEED), to Granherne (upstream) and DORIS Engineering (midstream), two of the world’s leading engineering and energy project management consultancies. The awarding of the
Cue Energy Resources Limited is pleased to announce that all regulatory approvals have now been received for Woodside Burrup Pty Ltd to farm into Cue’s WA-389-P permit in the offshore Carnarvon Basin of Western Australia. This transaction was initially announced on 27 April, 2010. Following receipt
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
FAB Industries and Enviromech Industries, two leading providers of alternative fuel systems for heavy duty trucks, buses and specialty vehicles, announced an agreement to merge to form Agility Fuel Systems. Element Partners, a clean technology-focused private equity fund, provided equity capital to
Beach Energy Ltd announced on Monday, 6 December 2010, a recommended and unconditional on-market cash offer for all of the issued and outstanding shares of Impress Energy Ltd, that it did not own, for 8.5 cents per share. On Tuesday, 14 December 2010, Beach gained majority control of Impress and has
