Southeast Asia

Results 1 - 10 of about 43 news for the tag: Southeast Asia.

Rockwell Achieves Outstanding Premiums from the Sale of Cut and Polished Stones

October 27th, 2008

Rockwell Diamonds Inc reports on the premiums achieved from the sale of three cut and polished stones through its agreement with the Steinmetz Diamond Group. These stones were recovered from its Makoenskloof project and Wouterspan mine, located in the Middle Orange River area of South Africa.
Three exceptional yellow gemstones, manufactured by SDG from rough [...]

Northern Offshore Announces New Contract Award for Drillship Energy Searcher

October 17th, 2008

Northern Offshore, Ltd. announced that its Singapore-based subsidiary, Jet Holding Ltd. was awarded a contract with the Joint Operating Company Vietgazprom, a joint venture between Petrovietnam and Gazprom, for the drillship Energy Searcher. The drilling contract of five wells duration is expected to begin between June and September, 2009 and run approximately 365 days, inclusive [...]

KAL Energy Enters Into Amended Royalty Agreement

October 6th, 2008

KAL Energy, Inc., a thermal coal explorer and developer, today announced that it has successfully amended the terms of its royalty agreement with Concord International. Under the terms of the new agreement, the Company will pay royalties as follows:
1. For all coal sales under $40 per metric ton the royalty is reduced [...]

KAL Energy Inc. Opens Office in Jakarta and Completes Restructuring

September 29th, 2008

KAL Energy, Inc., a thermal coal exploration and development company, announced the opening of its Jakarta office and the completion of its extensive company restructuring.
William Bloking, executive chairman and president of KAL Energy, Inc. said, “I am pleased to report that, in line with last quarter’s announcement, the move to Jakarta was completed on time [...]

Northern Offshore Announces New Contract Award for Jackup Energy Enhancer

September 19th, 2008

Northern Offshore, Ltd. announced that the jackup Energy Enhancer was awarded a contract with SPD Limited to drill a well in the U.K. North Sea. The contract award is for an estimated 45-60 days with a contract value of approximately US$9-12 million.
The drilling contract, which will follow in direct continuation to the rig’s current contract [...]

Talisman Energy Sells Non-Core Dutch Assets

September 3rd, 2008

A wholly-owned subsidiary of Talisman Energy Inc. has entered into an agreement with Total Holdings Nederland B.V. to sell Talisman’s entire non-operated interests in the Dutch sector of the North Sea for US$480 million, excluding working capital.
“We continue to focus Talisman’s portfolio in line with our new strategy,” said John A. Manzoni, President and Chief [...]

Olympus Plans Toll Treatment of High Grade Phuoc Son Ore

August 29th, 2008

Olympus Pacific Minerals Inc. announce that the Company has received approval from the Vietnamese authorities to toll treat Phuoc Son ore at its Bong Mieu plant. The Company will source high-grade ore from the Phuoc Son mine in a trial trucking and toll treatment operation. The anticipated increase in production will enable the Company to [...]

Northern Offshore Announces Drilling Contract

August 25th, 2008

Northern Offshore, Ltd. announced that it has entered into a drilling contract with AGR Peak Well Management Limited, a subsidiary of AGR Group ASA (Oslo Bors: AGR.OL) for the use of the semisubmersible GSF Arctic II in the North Sea. As previously announced, Northern Offshore has entered into an agreement with an affiliate of Transocean, [...]

Northern Offshore Files Information Memorandum With Oslo Stock Exchange

August 22nd, 2008

As announced on July 28, 2008, Northern Offshore, Ltd. has entered into agreements with affiliates of Transocean Inc. to acquire the semisubmersible drilling rigs GSF Arctic II and GSF Arctic IV.
The Company prepared an Information Memorandum in connection with the acquisition of the Rigs, as required by Section 3-5 of the Oslo Stock Exchange’s rules [...]

Vantage Drilling Company Announces Contract Award for Ultra-Premium Jackup Emerald Driller

August 22nd, 2008

Vantage Drilling Company announced that its ultra-premium jackup rig, the Emerald Driller has been awarded a two year contract to operate in Southeast Asia. The contract is expected to commence early February 2009, following the completion of its construction and commissioning activities in Singapore. The contract is subject to cost escalations and may be extended [...]