Technip and Heerema Marine Contractors (Heerema) announce today that they have signed a worldwide alliance agreement where the two companies will combine their capabilities to help their clients best address the fast growing subsea ultra-deepwater market.
Shell Petroleum Development Company of Nigeria Limited (SPDC), a subsidiary of Royal Dutch Shell plc (Shell), completed the assignment of its 30% interest in Oil Mining Lease (OML) 40 in the Niger Delta to Elcrest Exploration and Production Nigeria Limited. Total cash proceeds for SPDC amount to some US$102million.
Bowtech Products Ltd (‘Bowtech’), a market leader in underwater and harsh environment vision systems, has announced the launch of a completely redesigned and improved website, aimed at providing customers access to new product lines and industry specific product pages. The website now enables users to search for products by industry sector, with new landing pages for ROV AUV, oil and gas, defence, oceanographic and research, nuclear and leisure and marine science. The website can be viewed at www.bowtech.co.uk.
BP announced that it has agreed to sell its interests in the Alba and Britannia fields in the UK North Sea to Mitsui & Co., Ltd. (‘Mitsui’) for $280m in cash.
LONDON - Britain said it would support its oil companies involved in the "legitimate" business of oil exploration off the Falkland Islands after Argentina said Monday it had begun the process of suing them.
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