Vietnam Offshore Contract Awarded

Thursday, September 29, 2005

Keeper Resources Inc. has been awarded an oil and gas exploration block off the coast of Vietnam.

Keeper said PetroVietnam had selected Keeper and its bidding partner, a major U.S. independent oil and gas producer, as the winners of a tender for Block 124 off the coast of Vietnam. A final deal is subject to negotiation and execution of a production sharing contract with PetroVietnam, the national oil company of the communist Asian country.

Vietnam currently produces 353,000 barrels of oil and about 742 million cubic feet of natural gas a day. The company has operations in Canada and Vietnam.

Ballast Water Treatment – The Evolution of the Technology Market

Charleston Receives First Heavy Lifts for Nuclear Plant

Eight Littoral Combat Ships Could be Gulf-based

Five Minutes with Bill Clifford, President, BAE Systems Ship Repair

BMT: Annual Report Shows Solid Performance

Offshore

Perfect Platform: Innovative Semi-Submersible

QinetiQ’s Ocean Basin provides the perfect platform for the successful testing and commercial demonstration of an innovative semi-submersible. QinetiQ,

Statoil Charters Three LWI Vessels

Statoil strengthening increased recovery from subsea wells Statoil has awarded contracts for new light well intervention (LWI) vessels. These “category

U.K., Norway, Oppose Harmonised EU Offshore Safety Legislation

British Energy Minister Charles Hendry is backing Norway's Ola Borten Moe in his fight against harmonised EU offshore safety legislation Norway’s oil industry has objected to the EU initiative.

Navigation

Multi-Function Navigation System Approved

The Marinestar Maneuvering System (Marinestar MS) designed by Fugro in Norway has been approved by the BSH marine test house in Germany as both a Speed and Distance

NOAA: New AK Chart Makes Arctic Safer

NOAA: New Alaska navigational chart makes increased Arctic shipping safer; Kotzebue Harbor chart replaces measurements last taken in 19th century. NOAA

Videotel Offers DP Course to Meet Industry Demand

Videotel Launches New Dynamic Positioning Course. Dynamic positioning (DP) is essential to an ever increasing number of maritime sectors. Today there are over 1,