Maersk Drilling has signed a contract with Premier Oil Norge AS for the jack-up Maersk Guardian for a one well drilling operation, the Myrhauk exploration well, in the Norwegian North Sea. The duration of the contract is approximately 62 ...
Technip was awarded four contracts by Shell UK, Fairfield Energy, Ithaca Energy and TAQA during 2013. As the longevity of fields represents a key challenge for the energy industry, Technip aims to deliver a suite of subsea maintenance ...
Tags: Metallurgy, Mineral, Energy
The Board of Directors of Algeta ASA unanimously recommends voluntary cash offer from Bayer to acquire the entire issued share capital of Algeta ? Offer at NOK 362 per Algeta share, in cash, valuing the total share capital of Algeta at ...
Rocksource ASA("Rocksource"or"the Company")announces that the Company has executed closing of the farm-in agreement with Fortis Petroleum Norway AS for a ten per cent interest in licences PL 509S&BS on the Norwegian Continental Shelf(NCS). ...
Tags: Rocksource, farm-in agreement, Fortis Petroleum Norway AS, PL 509S&BS
A research team has found China's most promising natural gas hydrate deposits under the Pearl River, improving chances the icelike formations will ease the country's energy shortages, scientists said on Tuesday. The discovery showed about ...
Tags: natural gas, Energy
Upper-end upholstery producer Ekornes has signed a letter of intent to acquire fellow Norwegian producer IMG for an undisclosed price. Ekornes officials said the deal will give the company a new growth platform for upholstered seating at ...
Tags: Upper-end upholstery, Ekornes, Norwegian Producer, Acquiring
In October this year, Turkey's pig iron imports amounted to 51,134 mt, increasing by 6.11 percent month on month and down 34.73 percent year on year, according to the data provided by the Turkish Statistical Institute (TUIK). The total ...
Wintershall, a 100% BASF subsidiary, is optimizing its portfolio through divesting its share in selected assets on the UK Continental Shelf. Through the transaction, the Hungarian MOL Group will acquire 14 licenses in the North Sea, ...
CGG announced today that it has signed a contract with the Norwegian Petroleum Directorate (NPD) relating to the Seismic, Well and Production modules in the Diskos database, the National Data Repository of Norway. The scope of the contract ...
The Norwegian Petroleum Directorate has granted Lundin Norway AS a drilling permit for well 25/10-12, cf. Section 8 of the Resource Management Regulations. Well 25/10-12 will be drilled from the Island Innovator drilling facility at ...
Tags: Oil and Gas News, Drilling Permit, Norwegian Petroleum Directorate
Aibel is to carry out modifications to Kristin valued at NOK 200 million. The task is to connect the platform to the new Polarled pipeline. The contract has been awarded as a part of the framework agreement Aibel has with Statoil on ...
Tags: Oil and Gas News, Aibel, Kristin, Polarled pipeline
Statoil ASA has together with its partners Eni Norge AS and Petoro AS made an oil and gas discovery in the Skavl prospect in PL532, close to Johan Castberg in the Barents Sea. Well 7220/7-2 S, drilled by the rig West Hercules, has proven ...
Tags: Oil and Gas News, New Oil and Gas Discovery, Johan Castberg
InterOil Corporation (NYSE: IOC; POMSoX: IOC) has agreed to sell to Total S.A. (CAC: TOT; NYSE: TOT) a gross 61.3% interest in Petroleum Retention License 15 ("PRL15") which contains the Elk-Antelope gas fields in the Gulf Province of ...
Tags: Oil and Gas News, Interoil, PNG Gas
Ceona's high-capacity flexible/umbilical pipelay and subsea construction vessel, the Polar Onyx, has been floated out of dry dock at Ulstein Verft yard in Norway following an intensive outfitting programme. It has now moved to the shipyard ...
Tags: transportation
With many Chinesecearning capability being squeezed by low technical content, appreciation of the renminbi and blind expansion, Chinese shipbuilders are looking to stay afloat by building more maritime engineering products. A recovery is ...
Tags: oil, shipbuilder