BP publishes LNG purchase and sale contract

04/02/2019 BP has published its contract for the purchase and sale of liquefied natural gas (LNG) for Delivered Ex-Ship (DES) operations, where the seller has the responsibility to deliver the goods to the port of the country defined by the buyer. The purpose of the document is to contribute to the standardization of transactions involving... Continue Reading →

Petroserv negotiates contract with ENI

04/02/2019 The semi-submersible Catarina, owned by Petroserv, will operate for ENI in Indonesia, carrying out the Merakes field development campaign. The Italian oil company and the Brazilian drilling company signed a letter of intent to charter the unit. The rig will be chartered for two years. The companies do not reveal the value of the... Continue Reading →

Report: Saipem in talks to sell drilling business

Saipem is reportedly in talks to divest its drilling businesses, both onshore and offshore, according to a report by Bloomberg published on Friday. According to the financial news giant, the Italian oilfield services provider is in discussions with interested parties to divest its drilling units in two separate transactions. Bloomberg based its report on information... Continue Reading →

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