There is agreement in place for extension options after two years and four years.
International News
Iraqi oil tanker sets sail for the US, first in decades
An oil tanker carrying around 2mn barrels of crude oil has left Basra and is en route to the US in landmark sailing.
New animated film from UKLPG showcases the benefits of LPG for rural homes
UKLPG launches an educational film to highlight how LPG can act as a green gas solution.
Deloitte strengthens leadership team with two new partners appointed
Business advisory firm beefs up its senior management team with oil and gas expert added to its list of partners.
GAC LNG Services to provide voyage management for Translux Limited
Global logistics firm secures shipping contract as commodities outfit moves into the LNG segment.
Hydro Group wins subsea cable deal with South Korea’s KRISO
Scottish firm that delivers subsea and electrical equipment to the oil and gas industry lands renewables deal.
PDi achieves landmark, makes key appointments
Decommissioning firm makes new appointments to boost senior management team.
McDermott awarded transportation and installation subcontract in Vietnam
McDermott’s background in installing large central processing platforms and topside float-overs in Vietnam led to the award of the contract.
DeltaTek collaborates with operators during subsea innovation field trials
Well construction specialist to move on to live North Sea wells with Chevron and Siccar Point Energy.
Dana Gas receives $40mn from Egyptian government
UAE based natural gas producer has now received almost $90mn so far this year from the North African nation.