INPEX and TOTAL today finalised the sale of the total volume of LNG from the Ichthys LNG Project with the signing of legally binding Sales and Purchase Agreements (SPA) with CPC Corporation, Taiwan (CPC), Chubu Electric Power Company, Inc. (Chubu Electric) and Toho Gas Co., Ltd. (Toho Gas). Under the SPAs, Ichthys LNG Pty Ltd, [...]
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The Board of Directors of Otto Marine Limited announced that the Company or its nominee has entered into a Memorandum of Agreement with Aries AP Limited or its nominee, in respect of the sale of a AHTS vessel, Hull 7061 (the “Vessel”) for consideration of US$19 million. The Company expects the Vessel to be completed [...]
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South Korea’s STX Group is considering selling a 51 percent stake its European unit holds in STX OSV Holdings Ltd , a Singapore-listed offsh… By Ju-min Park and Hyunjoo Jin (Reuters) Source: Reuters, October 27, 2011;
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Britain’s BG Group may sell some of its Brazilian oil assets, a local paper said, which would put it in line with other oil majors that are… Source: Reuters Source: Reuters;
OGX, the Brazilian oil and gas company responsible for the largest private-sector exploratory campaign in Brazil, today announced that on October 6, 2011 it has signed a commercialization agreement with Shell Western Supply and Trading Ltd for the sale of first two shipments of oil from the Waimea accumulation, in block BM-C-41, in the shallow [...]
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Anadarko Petroleum Corp is considering the sale of some assets in Brazil and has retained bankers to look for buyers, according to a source… By Reporting by Michael Erman and Anna Driver (Reuters) Source: Reuters, September 28, 2011;
State-run Korea National Oil Corp (KNOC) said on Monday that it will import a combined 11.3 million barrels of crude from Azerbaijan and the… By Cho Mee-young (Reuters) Source: Reuters, September 27, 2011;
French utility GDF Suez plans to sell several of its gas assets in the British part of the North sea to Italian oil company… Reporting by Caroline Jacobs (Reuters) Source: Reuters, September 8, 2011;
Further to the announcement and the press release dated 23 June 2011 in relation to the AHTS’ receipt of its maritime class certification from Det Norske Veritas, the Board of Directors of Otto Marine Limited announced that it has entered into a letter of intent dated 10 August 2011 to sell the AHTS Vessel Deep [...]
Clough Limited today announced that it has agreed to sell its offshore Marine Construction Division to SapuraCrest Petroleum Berhad (SapuraCrest), a company listed on the Malaysian stock exchange, for gross proceeds of approximately AUD127m in cash. The companies have entered into a conditional Master Sale and Purchase Agreement with certain conditions precedent. Clough’s offshore Marine [...]
