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Business & Finance

Sidera Networks Purchases Capacity on Seaborn Networks’ US-­Brazil Cable
Business & Finance

Sidera Networks Purchases Capacity on Seaborn Networks’ US-­Brazil Cable

Seaborn Networks announced that Sidera Networks will be making a long-­‐term, capacity purchase on Seaborn’s US-­‐Brazil submarine cable system. Seaborn Networks’ cable system, Seabras-1, is a new 32 Tbps submarine cable that will be the first direct route between Sao Paulo, Brazil and the United St

about 14 years ago
Another Gas Discovery for Anadarko Offshore Mozambique
Business & Finance

Another Gas Discovery for Anadarko Offshore Mozambique

Anadarko Petroleum Corporation today announced the Atum exploration well discovered another significant natural gas accumulation within the Offshore Area 1 of the Rovuma Basin. The Atum discovery well encountered more than 300 net feet (92 meters) of natural gas pay in two high-quality Oligocene fan

about 14 years ago
Topaz Energy & Marine Appoints New CEO (UAE)
Business & Finance

Topaz Energy & Marine Appoints New CEO (UAE)

Renaissance Services has announced the appointment of René Kofod-Olsen as CEO for Topaz Energy & Marine (Topaz). Mr. Kofod-Olsen’s career spans 18 years in the marine industry with the A.P. Møller-Maersk Group (APMM), including a period as Chief People Officer of SVITZER, responsible for the global

about 14 years ago
USA: BAE Systems Cuts Steel for Construction of TSHD MV Magdalen
Business & Finance

USA: BAE Systems Cuts Steel for Construction of TSHD MV Magdalen

BAE Systems has begun construction on the MV Magdalen, an 8,500 cubic yard capacity trailing suction hopper dredge for Weeks Marine, Inc. Executives from the two companies gathered this week at the BAE Systems Mobile shipyard to oversee the initial cutting of steel for the vessel’s first module, whi

about 14 years ago
Omantel Announces New Submarine Cables Between Oman and Iran
Business & Finance

Omantel Announces New Submarine Cables Between Oman and Iran

According to Teyf Research & Consulting Group, Omantel has announced the launch of 3 new submarine cables to be operational by the end 2012 to strengthen its position as the ‘carrier of carriers’ for submarine cables landing in Oman and connecting to the rest of the region. Abdulrahim al Bahlani, GM

about 14 years ago

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Petrobras Finds Oil in Sul de Guará Region Off Brazil
Business & Finance

Petrobras Finds Oil in Sul de Guará Region Off Brazil

Petrobras has announced the discovery of good quality oil in the third well drilled in the Santos Basin pre-salt cluster’s Sul de Guará region. According to the Rights Transfer contract, Petrobras is entitled to produce up to 319 million barrels of oil equivalent in this area. This discovery well, 1

about 14 years ago
UK: Dolphin Drilling Enters USD 378 Million Contract with BP
Business & Finance

UK: Dolphin Drilling Enters USD 378 Million Contract with BP

Dolphin Drilling Ltd., a subsidiary of Fred. Olsen Energy ASA, has entered into a three year contract with BP Exploration Operating Company Ltd. for use of the semi-submersible drilling rig Byford Dolphin for operations in the UK North Sea. The new contract will commence in direct continuation with

about 14 years ago
South Africa: Damen Wins Order for Pilot Cutter and Tugboat from TNPA
Business & Finance

South Africa: Damen Wins Order for Pilot Cutter and Tugboat from TNPA

The Transnet National Ports Authority (TNPA) in South Africa has ordered a Pilot Cutter 2706 and its fifth Stan Tug 2006 with Damen Shipyards Cape Town for operations in the expanding Port of Saldanha (South Africa). Both vessels have been specifically designed for the South African market. The Pilo

about 14 years ago
PSA Norway Inspects Statoil’s Heidrun Platform
Business & Finance

PSA Norway Inspects Statoil’s Heidrun Platform

The Petroleum Safety Authority Norway conducted an audit of stability, ballasting and offloading of the Heidrun oil platform. The audit activity was conducted at Statoil’s offices in Stjørdal, with the objective of ensuring that the systems for stability, ballasting and offloading of the Heidrun fac

about 14 years ago
UK: Alnmaritec Delivers Fish Farm Support Catamaran
Business & Finance

UK: Alnmaritec Delivers Fish Farm Support Catamaran

Alnmaritec, the specialist aluminium boat builder based in Northumberland, recently announced delivery of the first boat that it has built to operate in the Faroe Islands. The ‘Krossteinur’ is one of the popular Wave Angler class from Alnmaritec and she is a rugged and versatile support catamaran bu

about 14 years ago

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UK: Inmarsat Installs 30,000th FleetBroadband™ on Olympic Future
Business & Finance

UK: Inmarsat Installs 30,000th FleetBroadband™ on Olympic Future

Inmarsat, the leading provider of global mobile satellite communications services, has announced reaching 30,000 active FleetBroadband™ terminals in service. This milestone was reached with the installation of a FleetBroadband 500™ on Olympic Future, a Greek-flagged crude oil tanker, by Inmarsat’s d

about 14 years ago
USA: NASA Makes Biological Discovery in Arctic Ocean
Business & Finance

USA: NASA Makes Biological Discovery in Arctic Ocean

Scientists have made a biological discovery in Arctic Ocean waters as dramatic and unexpected as finding a rainforest in the middle of a desert. A NASA-sponsored expedition punched through three-foot thick sea ice to find waters richer in microscopic marine plants, essential to all sea life, than an

about 14 years ago
Halul Offshore Orders Four Vessels from Indian Shipyard
Business & Finance

Halul Offshore Orders Four Vessels from Indian Shipyard

L&T Shipbuilding – a subsidiary of Larsen & Toubro – bagged orders, valued at 483 crore (approx. USD 87 million), for four specialized commercial vessels. The orders from Halul Offshore Services Company W.L.L., Qatar, are for design, construction, trials and commissioning of two Platform Supply Vess

about 14 years ago
France to Host World Gas Conference in 2015
Business & Finance

France to Host World Gas Conference in 2015

In a celebration at the Traders Hotel last night, Datuk (Dr) Abdul Rahim Hashim, President, International Gas Union (IGU), 2009-2012 Triennium, officially handed over the IGU Presidency for the 2012-2015 Triennium on behalf of Malaysia, to IGU Vice President and Senior Vice-President of TOTAL, Franc

about 14 years ago