Business & Finance
Italy: Carnival Pcl Hires SMIT Salvage to Remove Fuel from Costa Concordia
SMIT Salvage, a unit of Dutch maritime services firm Royal Boskalis Westminster NV has been hired by Carnival Plc to remove the 2,400 tons of fuel from the Costa Concordia. Over the weekend, a full bathometry survey was initiated. The outcome of the survey will provide further insight into seabed be
Canada: Ithaca Receives Takeover Bid
Ithaca Energy Inc., a North Sea oil and gas exploration, development and production company with offices in Calgary, Canada and Aberdeen, Scotland notes the recent movement in the Company’s share price on the Toronto Stock Exchange and confirms that it has received a confidential, non-binding propos
Russia: Gazprom, Shell Discuss Shakhalin II
The Gazprom headquarters hosted last week a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Peter Voser, Chief Executive Officer of Royal Dutch Shell. The parties tackled the issues of bilateral cooperation as part of the Sakhalin II project. They also addre
Development of Maritime Environmentally and Economically Optimized Solutions
Upon fostering the development and advancement of the Maritime Industry, it is of a striking importance to ensure that coastal environments, waterways and oceans are not threatened by shipping and offshore operations. Marine pollution has been recognized as one of many other serious threats to the w
Swedish Lundin Lifts Output Forecast for 2012
Lundin Petroleum, a Swedish independent oil and gas exploration and production company says that its net working interest production forecast for 2012 is between 32,000 and 38,000 barrels of oil equivalent per day (boepd). The company’s production for 2011 is forecast at approximately 33,200 boepd w
Naming Ceremony for New FESCO’s Dry Bulk Carrier at Chinese Shipyard
China’s Qingshan Shipyard held on January 19, 2012 an official naming ceremony for a new dry bulk carrier FESCO Smolensk ordered by Transportation Group FESCO. Godmother of the vessel – Svetlana Chabrova, wife of Vladimir Chabrova, Director, Department of the Navy branch of OAO “Far Eastern Shipping
The Netherlands: Energy Efficient OSV’s are Future of Offshore Industry, Survey Shows
In preparation of Offshore Support Vessels Summit 2012, a new survey conducted by the Oil and Gas IQ asked more than 200 offshore maritime experts to present their views on energy efficiency OSVs. The survey shows that a significant 87.5 per cent of industry experts believe that energy efficient OSV
France: JACCAR Holdings Acquires Additional Shares in BOURBON
BOURBON was informed on 20th January that JACCAR Holdings SA had acquired 945 000 additional shares in BOURBON. The participation of JACCAR Holdings SA in BOURBON thus passes from 24.6% to 26.04% of the capital and 25.7% to 27.12% of the voting rights. Commenting on its rising above the 25% threshol
Two Dry Wells for E.ON in Norwegian Sea
E.ON Ruhrgas Norge AS, operator of production licence 350, has completed the drilling of wildcat well 6507/6-4 S and is in the process of completing the drilling of wildcat well 6507/6-4 A. The wells were drilled about 10 kilometres southeast of the Skarv offshore field in the Norwegian Sea. The obj
Norway: Aker Solutions Delivers Subsea Templates for Skuld Fast-Track Development
Last week, two of the three subsea templates for Statoil’s Skuld fast-track development were shipped out of Aker Solutions’ yard in Egersund, Norway. The two identical templates are being delivered on budget and on time, in line with Statoil’s standardization objectives to reduce cost levels as well
Norway: Aker Solutions Ships Out Subsea Templates for Skuld
Last week, two of the three subsea templates for Statoil’s Skuld fast-track development were shipped out of Aker Solutions’ yard in Egersund, Norway. The two identical templates are being delivered on budget and on time, in line with Statoil’s standardization objectives to reduce cost levels as well
Russia: Gazprom Accelerates South Stream Construction
Alexey Miller, Chairman of the Gazprom Management Committee moderated a meeting at the Company’s headquarters. The meeting was focused on the South Stream project implementation. Pursuant to the assignment by Vladimir Putin, Prime Minister of the Russian Federation, a decision was made to significan
JACCAR Holdings Acquires More Than 25 pct of BOURBON (France)
BOURBON was informed on 20th January that JACCAR Holdings SA had acquired 945 000 additional shares in BOURBON. The participation of JACCAR Holdings SA in BOURBON thus passes from 24.6% to 26.04% of the capital and 25.7% to 27.12% of the voting rights. Commenting on its rising above the 25% threshol
Lithuania Port of Klaipeda Enters New MoU
The Republic of Lithuania Port of Klaipeda and the Philadelphia Regional Port Authority (PRPA) signed an historic Memorandum of Understanding that promises to open Philadelphia ports to the European and Asian shipping trade via the ice-free port of Klaipeda, the Lithuanian port city on the eastern c