Search results for: settles

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A list of search results

  • 17 June 2014

    China Oilfield Services Limited (COSL) announced that it has reached a settlement agreement with Statoil concerning a dispute related to stand-by fees of operating offshore drilling rigs. More specifically, the dispute was between COSL Offshore Management AS (“COM”), a Norway-based subsidiary of COSL and Statoil Petroleum AS, a subsidiary of Statoil, regarding stand-by fees of two […]

  • 19 May 2014

    Hyperdynamics on Friday, May 16, announced the settlement of litigation in London involving AGR Well Management Ltd. AGR provided project management services for Hyperdynamics’ subsidiary, SCS Corporation Ltd. (“SCS”), in connection with the drilling of the Sabu #1 well offshore Guinea in 2011-2012. SCS will receive $17.7 million from the escrow account previously established by the […]

  • 3 March 2016
    Business & Finance

    Four more families of the El Faro crew members have reached a settlement with the operator of the ill-fated vessel which sank on October 1, 2015, local media informed citing the U.S. District Court in Jacksonville, Florida. The families settled with TOTE Maritime for USD 500,000 each in pre-death pain and suffering damages, as well as an undisclosed […]

  • 15 February 2016
    Business & Finance

    Oceanteam has reached an out-of-court settlement over an IP infringement case related to the Oceanteam ASA – North Ocean vessel series, which was filed against naval architect Sawicon AS in 2011. According to the company’s Oslo-filing, the terms of the settlement are to remain confidential, but Oceanteam said that the settlement will have no negative effect […]

  • 27 April 2015

    PetroAsian said that the company acquired the LNG company Perfect Reward at an aggregate consideration of $950 million.

  • 3 April 2012

    First Marine and Engineering Company was fired yesterday from the Federal Government dredging project in Ebeberegbene community in Burutu Local Government Area of Delta State. The dredging contract of a canal to link Bulou-Ndoro community was awarded to this company by the Federal Ministry of Niger Delta Affairs, according to AllAfrica. However the company allegedly […]

  • 2 November 2015
    Business & Finance, Equipment, Technology

    Researchers in the WAMSI Dredging Science Node are developing new automated scientific instruments to measure sediment deposition in the field with prototypes deployed and tested. Sediment deposition and subsequent smothering of marine habitats such as corals and seagrasses is one of the mechanisms by which dredging can impact on the environment. This pressure parameter is […]

  • 26 April 2005

    The muck builds up at a rate of more than a foot a month because silt and clay have a chance to settle out of water between tides as the rush of water through the harbor stops. The muck builds up at a rate of more than a foot a month because silt and clay […]

  • 7 December 2009
    Project & Tenders

    The Seattle District requires maintenance clamshell dredging of approximately 400,000 cubic yards of sediment from the Snohomish Downstream Settling Basin and Navigation Channel… More info: USACE

  • 12 May 2015
    Business & Finance

    Rotterdam-based law firm AKD has completed the sale at auction of the container vessel Caribbean Sea in the courts of Aruba following its arrest by Rabobank for outstanding mortgage debts in excess of USD 28 million.  The 2007-built vessel arrived and was arrested in Aruban waters on 25 March, 2015 as security against an outstanding […]

  • 27 April 2015

    PetroAsian said that the company acquired the LNG company Perfect Reward at an aggregate consideration of $950 million.

  • 20 August 2009

    The price of oil rose by more than $3 to settle above $70 a barrel after a surprise drop in crude imports and inventories in the US. US crude stockpiles plunged by 8.4 million barrels as imports hit the lowest level since September 2008, the Energy Information Administration said. US crude settled up $3.23 at […]

  • 14 April 2017
    Business & Finance

    The remaining families of the 33 El Faro victims have reached settlements with the cargo ship’s owner, TOTE Maritime, local media informed citing US court documents. With the latest settlements, reached with the families for an undisclosed sum, the company settled all 33 wrongful death suits some year and a half after the ill-fated vessel sank near […]

  • 3 July 2014

    After a taxing four-year dispute with Poland’s Minister of Finance, the Warsaw Tax team has  succeeded in obtaining a positive court decision, CMS said in a statement on Wednesday. The Warsaw Tax team has been advising the consortium of Saipem (ENI Group) and Techint since the start of the project in 2011. The team was involved […]

  • 31 May 2016
    Business & Finance

    Deltares, Delft University of Technology and Utrecht University have published a paper which shows that turbidity in the Ems-Dollard estuary is to a large extent attributable to a reduction in the space where sediment can settle. This is the first time this mechanism has been demonstrated worldwide. This study drew on geological information, field measurements and […]

  • 28 January 2020
    Business & Finance

    Eagle Shipping has agreed to pay USD 1.1 million to settle violations of the Burmese Sanctions Regulations.

  • 20 June 2017

    Brazil’s state-run oil company Petrobras has settled a dispute with the Vanguard Group, one of its largest shareholders. Petrobras said on Monday its board had approved the settlement, resolving an action brought by Vanguard before the Federal Court of Pennsylvania in the U.S. According to the Wall Street Journal, the settlement resolves Vanguard’s losses stemming […]

  • 3 April 2014

    Alexey Miller, Chairman of Gazprom’s Management Committee and Andrey Kobolev, CEO of Naftogaz of Ukraine, held a working meeting. The focus of the meeting fell on the necessity for Naftogaz of Ukraine to take the urgent action aimed at settling the accumulated debt for the supplied Russian gas. By now, Naftogaz owes more than USD 2.2 […]

  • 27 June 2018
    Business & Finance

    Northeast Dredging Equipment Company, LLC has completed the installation of two cleaner diesel engines on a floating crane as part of a legal settlement for alleged violations of the Marine Protection, Research, and Sanctuaries Act, EPA said in its latest release.  As part of the settlement – reached in April 2017 – Northeast Dredging LLC […]

  • 26 July 2015

    The United States Justice Department and cruise liner giant Carnival Corp. have reached a comprehensive, landmark settlement agreement under the Americans with Disabilities Act (ADA) to advance equal access for individuals with disabilities who travel on cruise ships. The settlement agreement addresses accessibility on 62 ships among the Carnival Cruise Line, Holland America Line and Princess Cruises brands […]

  • 25 November 2015

    French energy giant Total is raising approximately $1.2 billion of new debt financing. The new debt financing will be raised through a “structure combining the issue of non-dilutive cash-settled convertible bonds with the purchase of cash-settled call options to hedge Total’s exposure to the exercise of the conversion rights under the bonds,” Total said on […]

  • 11 August 2015
    Project & Tenders

    Blue Sky Power Holdings informed that it has conditionally agreed to acquire the entire equity interest of a company principally engaged in the transportation of CNG and LNG, the wholesales of CNG and LNG and the operation of L-CNG refueling stations in Shandong province in the PRC.