Sevan, Ruhrgas Sign LOI for FPSO for Huntington Development

E.ON Ruhrgas and partners have entered a Letter of Intent to progress negotiations on a charter party for the potential use of the Sevan Voyager FPSO as the production unit for the Huntington field in Block 22/14 of the UK Continental Shelf. Negotiations will be on a mutually exclusive basis for the period until June 30, 2010, and the proposed charter party will be for a fixed term of five years with extended options. The Huntington oil field is operated by E.ON Ruhrgas, holding a 25% interest; Premier Oil holds 40%; Carrizo holds 15%; and Altinex holds the remaining 20% interest.
 

continue reading the full article

Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE


Most Popular Articles


From the Career Center
Jobs that may interest you
Lead I&E Technician
Expertise: Instrumentation Technician
Location: Lafayette, LA
 
Lead Mechanic
Expertise: Mechanic
Location: Lafayette, LA
 
Mechanical Design Support Engineer
Expertise: Design Engineer
Location: Anchorage, AK
 
search for more jobs

Brent Crude Oil : $48.06/BBL 2.51%
Light Crude Oil : $45.77/BBL 2.17%
Natural Gas : $2.97/MMBtu 2.30%
Updated in last 24 hours