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Statoil swaps stakes with BP in four blocks off Australia

Thursday, 8 Jun 2017 04:48pm EDT

June 8 (Reuters) - Statoil Asa : :Says has signed a swap agreement with BP <<>> and has been granted regulatory approval to take over two exploration permits and extend its work program in the Great Australian Bight.Says has transferred its 30% equity interest in offshore exploration permits EPP37 and EPP38 to BP and exited the licences.Says BP has transferred its 70% equity interest in offshore exploration permit EPP39 and EPP40 to Statoil and exited the licences.Says Statoil consequently holds 100% equity interest in the two exploration permits.Says the regulator has granted Statoil a suspension and extension of the work commitments in EPP39 and EPP40.Says the approved extension includes drilling of one exploration well in EPP39 before Oct. 30, 2019.

Odfjell Drilling in rig deal with OMV

Friday, 21 Apr 2017 06:48am EDT

April 21 (Reuters) - Odfjell Drilling Ltd :Deepsea Bergen rig signs a one well contract with OMV.Signed a firm contract with OMV for one firm "high pressure high temperature"-well ("hpht-well") in pl 644 plus options for two additional hpht-wells on norwegian continental shelf.Contract commencement is scheduled to q1 2018 and has an expected duration of approx. 100 days (excluding options).

PNE Solution signs 5.16 bln won contract with SK Innovation

Sunday, 12 Mar 2017 11:07pm EDT

PNE Solution Co Ltd <131390.KQ> :Says it signed 5.16 billion won contract with SK Innovation Co Ltd to provide secondary battery power converter.

Neste Jacobs investigates LNG terminal potential with Port of Turku

Tuesday, 26 Apr 2016 02:00am EDT

Neste Oyj:Says Neste Jacobs and Port of Turku have signed a contract for Neste Jacobs to investigate the potential of LNG in Turku region.Says LNG terminal is planned to be located in Pansio harbour area in Turku, Finland.

SK Gas signs contract with SK Advanced

Friday, 22 Apr 2016 04:20am EDT

SK Gas Ltd:Signs a contract with SK Advanced, to supply liquefied petroleum gas.Contract price of 5,526,015,095,417 won.

KLM Royal Dutch to use Neste renewable fuel in 80 flights

Monday, 18 Apr 2016 04:05am EDT

Neste Oyj:Says KLM Royal Dutch Airlines will launch a series of flights with a fuel blend consisting of Neste Renewable Jet Fuel.Over the next few weeks, KLM will use Neste Renewable Jet Fuel in about 80 flights with the Embraer 190 from Oslo to Amsterdam.

Oriental Energy 's unit signs contract with Helios LPG Pool

Tuesday, 29 Mar 2016 08:00pm EDT

Oriental Energy Co Ltd:Says its Singapore-based wholly owned trading subsidiary enters ship operations and transporting agreement with a Singapore-based firm named Helios LPG Pool LLC, with a term of no more than three years.Says contract amount of no less than $12.5 million for each boat per annum.

Neste Oyj: Neste Jacobs wins service agreement with Gasum

Wednesday, 24 Feb 2016 02:00am EST

Neste Oyj:Says Neste Jacobs awarded a five- year framework agreement for engineering and project implementation services with Gasum.Says agreement covers engineering, project management, procurement, HSE and documentation services for Gasum's gas network and biogas projects in Finland.


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