3673 results found for 'cgx'

3673 results found for 'cgx'
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  • 10 Exploration Licenses for Total in Brazil

    16 May 2013
    Business & Finance

    French oil major Total announces that it has been awarded 10 new exploration licenses during Brazil’s 11th bid round. Total will be the operator with 40% interest in five blocks situated in the Foz do Amazonas basin (FZA-M-57, FZA-M-86, FZA-M-88, FZA-M-125 and FZA-M-127) and with 45% interest in one block (CE-M-661) in the Ceara basin. […]

  • SBI Offshore, Axon form JV

    2 July 2014
    Equipment

    SBI Offshore Limited has agreed to form a joint venture (“JV”) with Axon Energy Products Inc. (“Axon”) of the United States to market, install, commission and provide after-sales services for oil and gas drilling equipment and systems in Asia in a major strategic business shift for the offshore and marine (“O&M”) player. SGX Catalist-listed SBI […]

  • Norway: STX OSV Wins Order for Design and Construction Of New PSV

    31 March 2011
    Business & Finance

      STX OSV Holdings Limited (“STX OSV”), one of the major global designers and shipbuilders of offshore and specialized vessels, announces that it has secured a new contract for the design and construction of a Platform Supply Vessel for an undisclosed customer. The vessel will be of STX OSV’s own PSV 09 design, and is […]

  • Sterling completes seismic shoot over Ambilobe block (Madagascar)

    2 June 2015
    Equipment, Project & Tenders

    Sterling Energy plc, the AIM listed oil and gas exploration company, has completed a 3D seismic survey of approximately 1100 km² over a high-graded portion of the Ambilobe Block, located offshore Madagascar. Sterling is the operator of the Ambilobe Production Sharing Contract (PSC). The acquisition was undertaken by CGG Services SA, on behalf of the […]

  • Chevron working to meet $2B asset sales target in 2016

    13 October 2016

    U.S. oil giant Chevron is looking to divest its assets in Bangladesh, aiming to fulfill its assets sales program set at between $5 and $10 billion in 2016 and 2017. Earlier this year, as part of its previously announced divestment plans, Chevron sold 19 fields in the U.S. Gulf of Mexico to Cox Oil for an undisclosed […]

  • Stockholm Norvik Port Construction Gets Green Light

    27 April 2016

    The construction of a freight port north of Nynäshamn, the Stockholm Norvik Port, can start in 2016, after the Swedish Supreme Court issued a positive ruling today by deciding not to allow permission for an appeal to be heard. The planned port is important for the establishment of an efficient, eco-friendly supply of goods to the Stockholm region, […]

  • GE Nudging Freeport LNG Forward

    11 September 2014
    Business & Finance

    GE Oil & Gas has signed a contract to provide both technology and capital to help expedite construction of the Freeport LNG gas liquefaction and liquefied natural gas (LNG) export project in Southeast Texas, GE says in a press release. GE is supplying the main refrigeration compressors, variable-speed drive electric motors and other electrical equipment […]

  • First of Three P3 Crew Boats Delivered to Brazilian Company

    14 November 2013
    Business & Finance

    Incat Crowther announced the launch and delivery of BS Maresias. Built by Arpoador Engenharia Ltda, BS Maresias is the first of three 45m Monohull Crew Boats meeting the specifications of the Petrobras P3-type crew boat for service in the Brazilian offshore oil fields. The vessel’s design features a large aft main cargo deck optimized for […]

  • South Korea: Nine DSME Vessels Selected as Best Ships of 2012

    5 February 2013

    Nine Vessels built by DSME were selected as the best ships of 2012. As a result of this year’s achievement, DSME has now had more than nine ships selected for the fifth consecutive year. The world’s four biggest magazines exclusively dedicated to shipbuilding and shipping select the best vessels annually. Four ships were chosen as […]

  • Nine DSME Built Vessels Selected as Best Ships of 2012

    5 February 2013
    Business & Finance

    Nine Vessels built by DSME were selected as the best ships of 2012. As a result of this year’s achievement, DSME has now had more than nine ships selected for the fifth consecutive year. The world’s four biggest magazines exclusively dedicated to shipbuilding and shipping select the best vessels annually. Four ships were chosen as […]

  • ICIS Launches Gas Price Assessments for Virtual Belgian Hub

    1 October 2012

    ICIS, the European benchmark provider for the gas markets has announced the launch of five daily price assessments for the new virtual Belgian hub, the Zeebrugge Trading Point (ZTP). The additional pricing information has been developed in response to the launch of Belgium’s new transmission model and gas trading platform, the ZTP. This new model […]

  • Lockheed Martin Wins USD 715 Mln U.S. Navy Contract

    19 March 2012

    The U.S. Navy has issued a Lockheed Martin-led industry team a $715 million contract modification to add funding for construction of two Littoral Combat Ships (LCS) – the third and fourth in a 10-ship contract awarded in December 2010. The contract modification is for construction of Little Rock (LCS 9) and Sioux City (LCS 11). […]

  • USA: CSA Recognizes Foss Maritime’s Commitment to Safety

    2 July 2012

    The Chamber of Shipping of America (CSA) has recognized Foss Maritime’s commitment to safety by awarding 61 tugs and manned barges for outstanding safety records, an increase of eight vessels over 2010. The Foss vessels were recognized as 2011 Jones F. Devlin Awards winners at the CSA Annual Safety Awards Luncheon held this year on […]

  • Mitsubishi grabs 25 percent stake in LNG terminal in Bangladesh

    17 August 2018
    Project & Tenders, Vessels

    Japan’s Mitsubishi Corporation has agreed to acquire a 25 percent interest in Summit LNG Terminal, a Summit Corporation unit, developing an FSRU-based import terminal in Bangladesh.

  • Ripe for return: As Red Sea tensions subside, Suez Canal prepares for ‘full-scale’ revival

    3 February 2025
    Authorities & Government, Market Outlooks, Safety

    With security in the Red Sea gradually improving, the Suez Canal is gearing up to handle global trade at full capacity, signaling the return of stability to this vital maritime corridor, the Suez Canal Authority (SCA) has revealed. Clearing skies, changing tides: The Suez Canal now The dark clouds appear to be scattering away as, […]

  • Quadrant in rig chase for next Phoenix South well

    29 June 2017
    Exploration & Production, Project & Tenders

    Australian oil and gas company Quadrant Energy is in final stages of looking for a semi-sub rig to drill the Phoenix South-3 well, offshore Western Australia, planned for early next year.  According to a Thursday update by Carnarvon Petroleum, Quadrant’s partner, the Phoenix South-3 well is being designed as a redrill of the Phoenix South-2 well that discovered […]

  • Drewry: What to Do with Family Silver?

    31 August 2015
    Business & Finance

    The strategies of the major shipping lines regarding terminal ownership are surprisingly varied, with carriers facing a dilemma with their container terminal ownership strategy: whether to sell, to buy, to do both – or do nothing, according to Drewry’s Global Container Terminal Operators Annual Report 2015. Much has been said and written about the financial challenges facing […]

  • USA: Peterbilt Receives Heckmann Order for 200 LNG Trucks

    23 April 2011
    Project & Tenders

      Peterbilt Motors Company announced the purchase of 200 Peterbilt Model 367 liquefied natural gas (LNG) trucks. Heckmann Corporation has partnered with Peterbilt Motors Company to transition its tractor-trailer fleet from traditional diesel vehicles to natural gas vehicles (NGVs). “Peterbilt’s clean powered alternative fuel platforms provide customers an innovative and economic solution that delivers high […]

  • Gibson: 27 LNG-fuelled ships ordered so far this year

    12 April 2021

    Since the start of the year, there have been 27 LNG-fuelled vesselsordered, according to a recent market insight from Gibson Shipbrokers. Of these, 14 have been tankers, nine have been container vessels, two general cargo, and PCCs respectively. The vessels will be built through to 2024. Furthermore, IMO figures show that the current orderbook for […]

  • BIMCO: Toxic Cocktail Could Disrupt Low Boxship Ordering

    30 August 2017
    Business & Finance

    Hungry shipyards and shipping companies being eager to be top dog is a toxic cocktail which, combined with market optimism amid higher freight rates, is likely to distort the low ordering activity in the container shipping sector, according to shipowners’ association BIMCO. Container shipping majors such as CMA CGM, and most recently Meditteranean Shipping Company (MSC), […]

  • APL Unveils Maiden Sailings with OCEAN Alliance

    31 March 2017
    Business & Finance

    As part of the OCEAN alliance, Singapore-based shipping company APL flagged-off the first sailings of the Pacific Gulf Loop 6 (PG6) service bound for Houston from Singapore, and the Far-East Express 1 (FX1) service heading for Southampton from Xingang. These maiden sailings kick-start APL’s voyage with the alliance to offer bigger, broader and better container […]

  • MAN ES ignites excitement: Single-cylinder test of long-awaited ammonia engine about to kick off

    31 May 2023
    Business Developments & Projects, Environment, Green Marine, Innovation, Market Outlooks, Outlook & Strategy, Regulation & Policy, Research & Development, Safety, Technology, Transition

    German engine manufacturer MAN Energy Solutions says its long-awaited engine is ready to burn ammonia on a single cylinder.

  • KS Energy in $4.9M rig deal as auditor casts doubt on driller’s ability to stay afloat

    5 April 2019
    Exploration & Production

    Singapore-listed KS Energy, which has been grilled this week by SGX on whether it can continue operating as a going concern, has secured a contract for one of its jack-up rigs for drilling offshore Indonesia.

  • Colombo Port: South Container Terminal Opens (Sri Lanka)

    23 August 2013
    Business & Finance

    On August 5th following the construction of the International Port of Colombo South Container Terminal Project in Colombo, Sri Lanka, an opening ceremony was held to officially open the Port for use. President of Sri Lanka, Mahinda Rajapaksa was present at the site, as well as China Communications Construction Company’ s Assistant President, Song Hai […]

  • Queen Pool Dredging Postponed

    13 April 2020
    Business & Finance

    The massive civil engineering project, which will see more than 300,000 cubic meters of silt removed from the iconic Queen Pool lake, was originally due to take place this month. “However, due to the current restrictions in place due to COVID-19 and the significant global disruption, the project has been postponed,” said Blenheim Estate in […]