Business & Finance
Japan: Kyokuyo Shipyard Delivers New Ro-Ro Cargo Ship to Shiplux VII
Delivery ceremony of S-500, a 6,600tdw type RORO cargo ship ordered by Europe-based Shiplux VII S.A. took place at Kyokuyo Shipyard on November 17. It is first Kyokuyo built RORO cargo boat since 1995. It is a modern transporter optimized for the today’s logistics services in Europe. Underneath her
UK: Antrim Receives Approval for Causeway Field Development Plan
Antrim, an international oil and gas exploration and production company headquartered in Calgary, Canada, today announced that the UK Department of Energy and Climate Change (“DECC”) has approved the Field Development Plan (“FDP”) for the Causeway Field in the UK North Sea Block 211/23d. Antrim hold
UK: DECC OKs Causeway Field Development Plan
Antrim today announced that the UK Department of Energy and Climate Change (“DECC”) has approved the Field Development Plan (“FDP”) for the Causeway Field in the UK North Sea Block 211/23d. Antrim holds a 35.5% working interest in the Causeway licence. The Causeway FDP includes a production well and
Noble Energy Discovers Significant Gas Reserves Offshore Cyprus
Noble Energy, Inc. announced today a natural gas discovery at the Cyprus Block 12 prospect, offshore the Republic of Cyprus. The Cyprus A-1 well encountered approximately 310 feet of net natural gas pay in multiple high-quality Miocene sand intervals. The discovery well was drilled to a depth of 19,
Denmark: MPI Discovery Arrives at Port of Esbjerg to Load Wind Turbines
On 25 December MPI Discovery arrived at the Port of Esbjerg, where it will load wind turbines for the World’s largest offshore wind farm – London Array. Blue Water Shipping is agent on behalf of MPI Offshore, and Blue Water Shipping is responsible for the loading of the wind turbines for London Arra
Golf Club to Make Decision on Aberdeen Offshore Wind Farm (UK)
Members of one of the oldest golf club in the world will make a decision regarding a proposed wind farm offshore Aberdeen. Royal Aberdeen Golf Club director Ronnie Macaskill said that he expects the decision to be made in January. The European Offshore Wind Deployment Centre is being developed by Ab
Gazprom and Turkey Discuss Cooperation Options in Gas Sector
A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Taner Yildiz, Minister of Energy and Natural Resources of the Republic of Turkey was held yesterday in Ankara. During the meeting a wide range of issues were discussed in the field of cooperation between Russia
ConocoPhillips Sells USD 330 Million Worth of UK North Sea Assets to Endeavour
Endeavour Energy UK Limited, has entered into a purchase and sale agreement to acquire ConocoPhillips’ interest in three producing U.K. oil fields in the Central North Sea for $330 million, including approximately $94 million of tax attributes. Current net production from this asset group is approxi
Endeavour Acquires Three ConocoPhillips’ UK Producing Assets
Endeavour International Corporation announced that its subsidiary, Endeavour Energy UK Limited, has entered into a purchase and sale agreement to acquire ConocoPhillips’ interest in three producing U.K. oil fields in the Central North Sea for $330 million, including approximately $94 million of tax
Denmark: Decision to Order 10 More Triple-E Ships Has Not Been Made Yet, Maersk Says
Maersk Line, the global containerized division of the A.P. Moller – Maersk Group is considering an option to order another 10 Triple-E ships from South Korean manufacturer Daewoo Shipbuilding & Marine Engineering Co., before the end of February 2012, as it has already placed orders for 20 such ships
Russia: VFT Signs USD 138 Million Financing Agreement for 10 Tanker Vessels
The company Volga Fleet Tanker, part of UCL Holding, recently signed an agreement with OAO Gazprombank to attract long-term financing of $ 138 million in funds that will be used for construction of 10 tankers of RST 27 project at the production facilities of JSC Oka shipyard. Tankers product carrier
Russia: Ust-Luga Port Receives Ocean-going Car Carrier Pleiades Spirit
On December 22, Subaru vehicles were first delivered directly from Japan to Ust-Luga port, bypassing intermediate transshipment points in Europe. New cars were shipped from Yokosuka port onboard the Pleiades Spirit ocean-going car carrier. The batch of 1,068 vehicles was transshipped in the terminal
Polarcus Receives LoA for 3D Acquisition Project Offshore Greenland
Polarcus Limited announces that the Company has received a Letter of Award from an undisclosed client for a 3D seismic acquisition project offshore Greenland. The project will commence in July 2012 and is expected to run for approximately 70 days. About Polarcus Polarcus is a pure play marine geophy
Polarcus in Greenland Seismic Shoot
Polarcus Limited, a pure play marine geophysical company with a pioneering environmental agenda, specializing in high-end towed streamer data acquisition from Pole to Pole announces that the Company has received a Letter of Award from an undisclosed client for a 3D seismic acquisition project offsho