Acergy S.A. announced the award from Angola LNG Limited of a contract for the development of the nearshore/onshore segment of the pipeline network required for the transportation of gas from Blocks 0, 14, 15, 17 and 18 to Angola LNG’s plant in Soyo, Angola. Angola LNG Limited’s shareholders are affiliates of Chevron, Sonangol, BP, [...]

Mr. Ray Paquette report that pursuant to a submission approved by the Exchange March 31, 2008 - SUBMISSION NO. 134649 - the Exchange accepted for filing documentation in connection with an Option Agreement dated February 27, 2008 pursuant to which San Bernardo granted to Canmin (a wholly-owned subsidiary of Canadian Mining) the option to [...]

Seadrill and Brunei Shell Petroleum have in principle reached an agreement to extend the contract for the semi-tender rig West Pelaut. The extension has duration of three years with commencement in April 2009 in direct continuation of the existing work. West Pelaut is a first generation self-erecting semi-submersible tender rig that was built in 1994 [...]

Seadrill has been awarded a new contract by Cabinda Gulf Oil Company Ltd (Chevron) for development drilling offshore Angola with the semi-tender rig West Berani II, which is currently under construction. The contract has a duration of five years with commencement in the first quarter 2010, subsequent to delivery from the yard. Estimated contract value [...]

SBM Offshore N.V. announce that the full scope turnkey supply contract for a disconnectable FPSO for Woodside Energy Ltd and the Cossack Wanaea Lambert Hermes (CWLH) Joint Venture has been signed. The project has already started in May 2008 under a Letter of Intent, which was previously announced.
The FPSO will replace the currently operating FPSO [...]

Redcorp Ventures Ltd. and its wholly-owned subsidiary, Redfern Resources Ltd., are pleased to announce the appointment of Global Project Management Corporation to head the Tulsequah Chief Mine project management team and provide Owner’s representation on site and with external contractors.
Global’s principal is William (Bill) McKenzie, P.Eng., a well-known expert in project development and construction management [...]

AVEVA has seen remarkable success in Malaysia and Singapore since the start of the company’s financial year beginning April 2008. Four major contract wins for AVEVA solutions, valued at over USD3 million, came from a broad range of sectors including shipbuilding, offshore oil & gas and petrochemicals. Amongst these are Malaysia Marine and Heavy [...]

Gov. Mark Sanford and Thomas Sax, CEO of American Titanium Works (ATW), announced that ATW will build a world-class titanium mini-mill facility in Laurens County, South Carolina. American Titanium Works LLC, headquartered in Chicago, Illinois, will invest an estimated $422 million and plans to employ 320 people at its new facility in Laurens County.
Under one [...]

ARAM Systems, a subsidiary of ION Geophysical Corporation, announced the commercialization of its cable-based ARIES II(TM) seismic recording platform. ARIES II provides the operational flexibility to cost-effectively undertake complex 2D, 3D, and 4D acquisition programs both onshore and in transition zone environments, and delivers the capabilities needed for both high channel-count acquisition programs and advanced [...]

Pride International, Inc. announced that Steven A. Manz has been appointed to the position of Vice President and Chief Financial Officer of Pride’s mat-supported jackup rig business and will join the company immediately. The decision follows the appointment in September 2008 of Randall D. Stilley to the role of Chief Executive Officer of the [...]