Farstad Secures Charter Agreements in Australia

Total E&P Australia and Santos Australia Ltd. have awarded AHTS Far Sound (2007, UT 712L, 14,688 BHP) and AHTS Far Sword (2006, UT 712L, 14,688 BHP) contracts for approximately 12 months in support of their combined drilling operations utilising Jack Bates. Mobil Australia Resources Company has awarded a 680 day contract to PSV Far Swan (2006, VS 470 Mk II, 3,628 DWT) in support of their Jansz operations supporting the Deepwater Frontier.

Apache Energy Ltd. has declared their option to extend the contract for AHTS Far Sky (1991, ME 303 Mk II, 13,382 BHP) and AHTS Lady Astrid (2003, UT 712, 12,240 BHP) for 12 months, extending the vessels until mid 2013. Total value of the contracts is approximately NOK 490 million.

• Technip Awarded Subsea Contract in Norway 
• PGS Reveals the Ultimate Seismic Acquisition Platform 
• Teekay Receives Offer to Acquire 50% in Itajai FPSO 
• Technip Awarded Contract for the P-76 FPSO in Brazil 
• Hyundai Wins $1.9 Billion FPSO Order from Chevron 
• Subsea 7 Awarded $350m Contract from Petrobras 
• Reef Subsea Secures $15M Subsea Construction Contracts 
• Extensions for Abo and Sendje Berge 
• Wartsila to Design 4 Offshore Vessels for Malaysia 
• ABB Wins $30 Mln Order in Australia 

• GulfOilandGas - Regional E-Market Place serving the Middle East and North Africa 
• EMARAT MISR - a new palyer in the marketing side 
• Boralex Completes the Acquisition of 90.5 MW in France 
• Petrom Sells its Subsidiary Petrom LPG to Crimbo Gas