Grenland Group teaching PetroChina personnel
2008.12.01 -
Company News
Grenland Group (GG) has signed a contract with China National Petroleum Offshore Engineering (CPOE), a subsidiary of PetroChina, for an extensive training program within offshore engineering and fabrication techniques.
Grenland Group is very content to have a good corporation with such a big and important client as PetroChina, and we believe the good corporation is promising for the further development of Grenland Group in China. Our company has in a short time established a solid reputation in the Chinese offshore industry, says Øystein Rangnes, Marketing Director of Grenland Group.
Grenland Group established an office in Shanghai in January 2008, and is currently establishing an engineering group at the Shanghai office. Grenland Group has also established corporation with several strategic partners in China.
PetroChina is the nation's biggest oil producer, has more than 450,000 employees, and is among the world's largest oil companies.
Petroleum Geo-Services ASA ('PGS' or the Company) announced today that it has entered into a definitive agreement to acquire Applied Geophysical Services, Inc. (AGS) for a price of USD 51 million, subject to certain adjustments for changes in working capital. PGS estimates an enterprise value for AGS of approximately USD 46 million. AGS is based in Houston, Texas and specializes in providing advanced depth imaging services. The transaction is expected to close during the course of this week.
Total announces the acquisition of a 40% interest in three exploration permits northeast of Ichthys on the Australian Browse Basin jointly with Inpex (60%, operator). These interests were held by ConocoPhillips. This acquisition is subject to the approval of the Australian authorities.
Rowan Companies, Inc. (NYSE:RDC) announced today that it has entered into contracts with Keppel AmFELS, Inc. for the construction of four Super 116E class jack-ups. The rigs will be built at AmFELS' Brownsville, Texas shipyard, with delivery scheduled at approximately four-month intervals beginning in the second quarter of 2010.
Gaz de France has acquired a 45% stake in the Alam El Shawish West licence in Egypt from Vegas Oil & Gas.
Trico Marine Services, Inc. (NASDAQ: TRMA) ("Trico") and Active Subsea ASA (NOTC: ASUB) ("Active Subsea") today announced that Trico intends to make a voluntary offer for all outstanding shares, options and warrants of Active Subsea.