Contracts

Dana Gas Signs GPEA in Egypt

Dana Gas’ wholly-owned subsidiary, Dana Gas Egypt, has concluded a Gas Production Enhancement Agreement (GPEA) with the Egyptian Natural Gas Holding Company (EGAS)

S.Africa's Transnet in $2.1b BHP Coal Train Deal

South African state logistics company Transnet said on Tuesday it had signed a 24 billion rand ($2.1 billion) deal with global mining group BHP Billiton to provide

Brent Holds Above $97, Eyes Worst Quarter Since 2012

Brent crude futures hovered above $97 a barrel on Tuesday, aided by firm U.S. and Chinese data, but the oil benchmark was on track for its deepest quarterly drop

MAN Propulsion Packages for New Icelandic Trawlers

MAN Diesel and Turbo inform that Icelandic owners, HB Grandi, Vinnslustodin hf. and Hradfrystihusid Gunnvör, have ordered newbuildings based on two different ship

Saab Gets Swedish Navy Ten-unit ROV Order

Saaab says it has received an order from the Swedish Defence Materiel Administration (FMV) for ten ROV systems (Remotely Operated Vehicle), which will be deployed operationally for seabed surveys,

OceanWorks Delivers SDFS to Well Containment Firm

OceanWorks International says it has delivered a Subsea Dispersant Fluid System (SDFS) to Marine Well Containment Company (MWCC). The system will be an integral

Intellian FB500 Approved for Inmarsat XpressLink

Inmarsat, a leading provider of global mobile satellite communications services, says that Intellian, a leading global provider of stabilised satellite antenna systems,

Oil Major Eni Awarded Egypt Exploration Licenses

Italy-headquartered Eni informs it was the successful bidder of 3 new exploration licenses in Egypt as a result of the competitive 2013 EGPC and EGAS bid rounds.

IRPT, Community College MoA on Maritime Training

The Inland Rivers, Ports and Terminals (IRPT) Trade Association announced today that it has entered into a memorandum of understanding with Lewis & Clark Community

OC Selects Siemens Blue Drive PLUSC Propulsion Solution

Siemens Blue Drive PLUSC Low Voltage Propulsion Solution providing reliability, Safety, increased fuel efficiency, reduced greenhouse gas emissions (Methane, NOX

Dana Gas Plans for Long Term Growth in Egypt

Successfully Bids for Two New Nile Delta Concessions.   Dana Gas awarded Blocks 1 and 3 in the onshore Nile Delta area Block 1 represents an extension

Merkel Might Rethinks Energy Partnership with Russia

Chancellor Angela Merkel said on Monday there were good reasons to continue the energy partnership with Russia for the time being but added that might change if

Penspen Acquires DPS Engineering

Energy services company Penspen has acquired the engineering division of DPS Group.   The acquisition, which increases Penspen’s headcount by 10%, took place in mid-September,

EMAS Offshore Launches Singapore Listing

EMAS Offshore boosts profile amongst international investment community by providing Asian platform for growth;  Singapore public offer opens at 6.00 p.m. today and closes at 12.

Ocean Installer Awarded New Contract

Ocean Installer has been awarded a contract for SURF support work in Brazil for Saipem. The contract which will see the Normand Clipper in Brazil for 8 months is valued at circa USD 50 million,

K-Line to Plead Guilty to Price Fixing

Kawasaki Kisen Kaisha Ltd. (K-Line), a Japanese corporation, has agreed to plead guilty and to pay a $67.7 million criminal fine for its involvement in a conspiracy to fix prices,

Tupras Deploys AVEVA for Refineries

Turkey’s primary oil & gas operator makes a strategic investment in AVEVA E3D, schematic, and laser data software. AVEVA announced that Tupras, Turkey’s largest

Kemp: Time for a Good Sweating in Oil Markets

U.S. demand for petroleum products has experienced an unprecedented and broad-based decline over the last eight years as soaring oil prices have forced consumers

Solar Output Down, Demand Up, Spot Prices Higher

Increasing demand and an expected drop in solar power output sent Central European day ahead power prices higher on Monday, traders said. On regional exchanges,

Coal Futures Hit 5-Year Lows

 Australian physical coal prices also hit 5-year lows; API2 2015 coal prices: http://link.reuters.com/hun92w. European coal futures hit five-year lows on Monday,

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