North Sea player Faroe Petroleum published an independent valuation of its assets by Gaffney, Cline & Associates (GCA), which is said to highlight the inadequacy of DNO ASA's GBP608 million at 152p per share takeover offer.Faroe Petroleum could…
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Cosco Dalian Shipyard Orders TTS Cranes
Norway’s TTS Group has been awarded a NOK 102 million (USD11.7 million) contract with Cosco (Dalian) Shipyard Company in China for five sets of cargo cranes and hatch covers."The contract regards five shipsets of cargo cranes and hatch covers.
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Highlands Natural Resources Completes Six Well
Highlands Natural Resources said six new wells on the East Denver shale oil and gas project in Colorado have been completed, with flowback starting on three of the six.The London-listed natural resources company said in a stock exchange annoucement…
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Imabari Confirms Newbuilding Order for 12 Container Carriers from Evergreen
Japanese ship building marine engineering and service company Imabari Shipbuilding, with the cooperation of Marubeni Corporation,has secured a newbuilding order of twelve units of 11,000TEU Container Carriers for Evergreen Line, Taiwan.Having…
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Encana Sells Colorado Oil and Gas Assets to DJR Energy
Encana Corporation (Encana) announced that its wholly-owned subsidiary, Encana Oil & Gas (USA) Inc., has completed the previously announced sale of its San Juan asset in New Mexico to Denver-based DJR Energy.“This transaction continues our track record...
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China ‘lifts mysterious veil’ with probe landing on dark side of the moon
A Chinese space probe successfully touched down on the far side of the moon on Thursday, state media said, hailing it as an historic first landing on a mission seen as an important step for China's space program.
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Energean Signs New Gas Sales Deal for Karish and Tanin FPSO
UK-based oil and gas exploration and production company Energean Oil & Gas has signed a Gas Sales and Purchase Agreement (GSPA) with I.P.M. Beer Tuvia Ltd. (IPM) to supply an estimated 5.5 BCM of gas from its Karish and Tanin FPSO over a period of 19 ...
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Rolls-Royce Designs New Fishing Vessel for Engenes
Rolls-Royce has signed a contract to deliver ship design and an extensive range of equipment to a 70-metre long stern trawler to be built for Engenes fiskeriselskap AS, based in Troms county, northern Norway.This highly advanced fishing vessel is to be...
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Polskie LNG Begins LNG Terminal Expansion Program
Polskie LNG, the owner and operator of LNG terminal in Poland published the contract notice that officially commences the tender procedure with the view to select the contractor for the expansion of LNG terminal in Poland, Świnoujście.These…
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MSC Zoe Begins Clean-up Ops
MSC Mediterranean Shipping Company has started a clean-up operation in response to a substantial spill of containers in the North Sea.The Panama-registered MSC Zoe shed 270 containers containing mostly toys, furniture and auto spare parts while battlin...
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