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  • 25 November 2013
    Authorities & Government, Business & Finance

    German environment minister Peter Altmaier announced yesterday that the German incoming government has agreed explicitly to extend the current Stauchungsmodell  for 2 more years, until 2020. Following the extension, projects that are grid-connected by the end of 2019 will still be entitled to opt for the compression model. Previously, the deadline for the model was […]

  • 25 November 2013
    Authorities & Government, Business & Finance

    German environment minister Peter Altmaier announced yesterday that the German incoming government has agreed explicitly to extend the current Stauchungsmodell  for 2 more years, until 2020. Following the extension, projects that are grid-connected by the end of 2019 will still be entitled to opt for the compression model. Previously, the deadline for the model was […]

  • 27 June 2011
    Business & Finance

      The Board of Directors of OAO Sovcomflot reviewed and approved the Company’s Development Strategy until 2017. The strategy, in particular, envisages: – An increase in the proportion of the Company’s business involving the specialised shipment of energy resources, in particular liquefied natural gas (LNG) transportation and shuttle tanker operations; – Further development of the […]

  • 27 November 2014
    Business & Finance, Operations & Maintenance

    Statoil has received consent to use subsea facilities on the Tune field until 2020. Tune is a gas condensate field located around ten kilometres west of Oseberg in the northern part of the North Sea. Statoil is the field’s operator. Tune has been developed using a subsea solution tied back to Oseberg field centre. Production […]

  • 30 June 2007

    Light, unstable winds forced the Race Committee to postpone racing for the day on Sunday at the 32nd America’s Cup Match. The Defender, Alinghi was looking to win its fourth match in a row, to successfully defend the America’s Cup. Emirates Team New Zealand, the challenger, was in a ‘must win’ position.

  • 12 October 2007

    Marking its entry into the booming dredging sector, Mercator Lines (MLL), the second largest private shipping firm in India, has bought two dredgers and is in the process of acquiring four more in the current fiscal for a total investment of $300 million. According to MLL sources, the acquisition of first two one-year-old trailer suction […]

  • 30 April 2010

    COLUMBIA — Efforts to bring a two-state deal for the creation of the Jasper Ocean Terminal to the South Carolina and Georgia legislatures fell short this year, but the outlook for next year appears bright, says a key figure in the process.The agreement must be approved by both legislatures and by Congress before the construction […]

  • 2 January 2013

    Talisman Energy Norge AS has received consent to use the Petrojarl FPSO on the Varg field, in the Norwegian sector of the North sea, beyond its original lifetime. Varg is an oil field located south of Sleipner Øst in the central part of the North Sea, at a water depth of 84 metres. The original […]

  • 21 May 2010

    The reclamation works will involve dredging by cutter suction dredger ( CSD ), trailer-suction-hopper-dredger ( TSHD ) and hopper barges. [mappress] Source: wildshores, May 21, 2010;

  • 6 May 2009

    A co-operative aiming to restart the Swansea to Cork ferry says the service will not run until early next year. It had been hoped a new ship would start regular crossings between Wales and southern Ireland before the summer. But the board said longer than expected negotiations over a replacement ferry meant many travellers had […]

  • 4 February 2015

    Nordenham residents are concerned the faith of neighboring Weserwind could also affect Steelwind. However, this is not the case for the recently established foundation production company writes NWZ Online. Dr. Ralf Hubo, director of Steelwind, revealed they will be busy until Summer 2016 with the production of monopiles with diameter of 7.8 meters. In September […]

  • 24 June 2010

    Petronet LNG does not plan to tap spot market for liquefied natural gas (LNG) imports at least till December due to a lack of pipeline infra… [mappress] Source: moneycontrol, June 24, 2010;

  • 25 January 2018
    Business & Finance, Exploration & Production

    Lamprell expects its 2017 revenue guidance to be at the lower end of the previously expected amount. The company is sticking to its previous guidance for 2018 and expects no growth until 2019. 

  • 18 May 2016

    Brazilian oil company Petrobras and National Petroleum Agency (ANP)has signed the extension of the concession contracts for the Marlim and Voador fields, offshore Brazil until 2052. The extension of the fields’ Production Phase was in line with Resolution 2/2016 issued by the National Energy Policy Council (CNPE), which authorized the Agency to extend the concession agreements entered into […]

  • 9 February 2012
    Business & Finance

    The partnership in production license 048 B recently signed an agreement with Teekay to carry out maintenance work on the Floating Production, Storage and Offloading (FPSO) unit, Petrojarl I. As a consequence, Glitne is expected to keep production going until 2014. In the Plan for Development and Operation (PDO), submitted to the authorities in 2001, […]

  • 19 April 2018
    Rules & Regulation

    Greek seamen federation has launched a strike on Wednesday, April 18, suspending the country’s ferry transport.

  • 25 June 2014

    The European Commission has extended by another five years until April 2020 the validity of the existing legal framework exempting, if certain conditions are met, liner shipping consortia from EU antitrust rules. After a public consultation, the Commission has concluded that the exemption has worked well, providing legal certainty to agreements which bring benefits to […]

  • 20 December 2013
    Business & Finance

    SeaBird Exploration Plc  has extended the bareboat charter for the Munin Explorer from 1 November 2014 to 31 October 2019.   In connection with the bareboat extension, the charter rate is being reduced from USD 20,271 per day currently to USD 12,000 per day, starting 1 February 2014. The charter rate will increase 2% per year throughout the charter period, […]

  • 4 February 2015

    Nordenham residents are concerned the faith of neighboring Weserwind could also affect Steelwind. However, this is not the case for the recently established foundation production company writes NWZ Online. Dr. Ralf Hubo, director of Steelwind, revealed they will be busy until Summer 2016 with the production of monopiles with diameter of 7.8 meters. In September […]

  • 29 July 2014
    Business & Finance, Operations & Maintenance

    Statoil Petroleum AS (Statoil) has received consent from the Petroleum Safety Authority Norway (PSA) to extend use of Heimdal until the end of 2034. Heimdal is a gas field lying under 120 metres of water in the central North Sea. The field was originally developed using an integrated production, drilling and accommodation facility with a […]

  • 16 June 2015
    Business & Finance

    New Zealand’s port operator Ports of Auckland has, through its half-owned joint venture, signed a new long-term charter agreement with bunker provider Z Energy for the fuel bunkering vessel Awanuia. Seafuels, a 50:50 joint venture between Ports of Auckland and PB Bunkers BVI Ltd, will continue to operate Awanuia, the only powered marine fuel oil vessel in […]

  • 14 September 2012

    COSL Drilling Europe has announced that ConocoPhillips Skandinavia AS has extended the contract for COSLRigmar on the Ekofisk Field in the Norwegian sector of the North Sea, with 7 months to 1 May 2014. In addition there are options in the contract for a duration of up to 6 months which are available for CoPNO […]