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Business & Finance

Total Secures Exploration License for Block 14 Offshore Uruguay
Business & Finance

Total Secures Exploration License for Block 14 Offshore Uruguay

Total announces that it has been awarded an exploration license for Uruguay’s offshore Block 14, following the second bidding round held by the national company, ANCAP. This license remains subject to further approval by Uruguayan authorities. Block 14 has a surface area of 6,690 km² and is located

about 14 years ago
Fairmount Tows Semi-Sub Rig from Canary Islands to Brazil
Business & Finance

Fairmount Tows Semi-Sub Rig from Canary Islands to Brazil

Fairmount Marine’s tug Fairmount Sherpa has towed the rig ODN Tay IV from Las Palmas towards al location offshore Rio de Janeiro, Brazil. For this job Fairmount Marine was contracted by Odebrecht Oil and Gas for the third time in a row. ODN Tay IV is a semi submersible drilling rig for deep water op

about 14 years ago
Statoil and Rosneft Team Up to Explore Offshore Areas of Russia and Norway
Business & Finance

Statoil and Rosneft Team Up to Explore Offshore Areas of Russia and Norway

Statoil and Rosneft signed a cooperation agreement. The companies have agreed to jointly explore offshore frontier areas of Russia and Norway and to conduct joint technical studies on two onshore Russian assets. The agreement also envisages Rosneft’s acquisition of participating interests in selecte

about 14 years ago
Statoil, Rosneft to Jointly Explore for Oil in Russian Offshore Areas
Business & Finance

Statoil, Rosneft to Jointly Explore for Oil in Russian Offshore Areas

Statoil and Rosneft yesterday signed a cooperation agreement. The companies have agreed to jointly explore offshore frontier areas of Russia and Norway and to conduct joint technical studies on two onshore Russian assets. The agreement also envisages Rosneft’s acquisition of participating interests

about 14 years ago
USA: Bath Iron Works Shipyard Hands Over Future USS Michael Murphy
Business & Finance

USA: Bath Iron Works Shipyard Hands Over Future USS Michael Murphy

The Navy accepted delivery of the future USS Michael Murphy (DDG 112) today from General Dynamics at their Bath Iron Works shipyard. Michael Murphy is the last DDG 51-class ship to deliver until the class restart ships begin delivering in fiscal year 2016. DDG 112 successfully completed combined sup

about 14 years ago

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USA: Port of Palm Beach Restoration Project Gets Approval
Business & Finance

USA: Port of Palm Beach Restoration Project Gets Approval

The Port of Palm Beach District Commission voted unanimously, Thursday, April 19, 2012 to approve a $26 million restoration project to Slip Number 3 at the Port of Palm Beach. This historic infrastructure improvement project includes expanding the Slip on the north side to increase the width of the

about 14 years ago
Prospector Wins Drilling Contract in North Sea for Its First Jack-Up Rig
Business & Finance

Prospector Wins Drilling Contract in North Sea for Its First Jack-Up Rig

Prospector Offshore Drilling S.A. announced, April 25th, that one of its subsidiaries has received a Letter of Award (LoA) with Total E&P UK Limited and Elf Exploration UK Limited (together, “Total E&P UK”) for a drilling contract in the U.K. North Sea for its first jack-up rig, “Prospector Rig 1”.

about 14 years ago
Bernard’s Pilot Boat Fresena Arrives to German Pilots
Business & Finance

Bernard’s Pilot Boat Fresena Arrives to German Pilots

Next Thursday, Fresena, 18 meters pilot boat will be delivered to LOTSENVERSETZBOOTE TECHNISCHE FACHSTELLE NORDWEST pilots and leave Lorient for the port of Emden in northern Germany. After FRYA delivered in May 2011, this unit is the second in a series of 4 vessels for German pilots. Marc Bernard,

about 14 years ago
Hydrex Provides On-Site Propeller Repair in Ghent (Belgium)
Business & Finance

Hydrex Provides On-Site Propeller Repair in Ghent (Belgium)

When all four propeller blades of a 100-meter general cargo vessel were severely bent, a repair was required by the classification society. Hydrex therefore performed a detailed video inspection, followed by a repair while the vessel was berthed in Ghent, Belgium. To make a full assessment of the da

about 14 years ago
Greece: Paragon Shipping – New Handysize Vessel Delivered
Business & Finance

Greece: Paragon Shipping – New Handysize Vessel Delivered

Paragon Shipping Inc., announced today that it has taken delivery of the M/V Prosperous Seas, a 37,293 dwt Handysize vessel, from the Zhejiang Ouhua Shipbuilding Co in China. The vessel has been chartered out to Cargill International S.A. for a period of 23 to 26 months at a gross daily rate of $12,

about 14 years ago

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South Korea: DSME, Total Honor World Safety Day in Front of CLOV FPSO
Business & Finance

South Korea: DSME, Total Honor World Safety Day in Front of CLOV FPSO

On 26th April, Daewoo Shipbuilding Marine & Engineering and Total held a Safety Stand-Up Meeting to commemorate World Safety Day (28th of April) at the Pre-erection area in front of the CLOV FPSO. A number of people who work on the CLOV FPSO including Mr. Patrick Vallot, FPSO manager of Total, Mrs.

about 14 years ago
Cyprus: SeaBird Announces First Quarter Results
Business & Finance

Cyprus: SeaBird Announces First Quarter Results

SeaBird has announced solid financial performance in the first quarter of 2012. HIGHLIGHTS – While still a challenging market environment, the first quarter showed signs of improving customer demand. Fleet utilization increased from 60% in the fourth quarter of last year to 65% for the first quarter

about 14 years ago
Brazil: TCP Paranagua Gets Two LIEBHERR’s STS Container Cranes
Business & Finance

Brazil: TCP Paranagua Gets Two LIEBHERR’s STS Container Cranes

LIEBHERR Container Cranes Ltd. recently delivered two (2) Ship-to-Shore Container Cranes to TCP Paranagua, Brazil. The container cranes have a waterside outreach of 52.50m., span of 18m. and landside backreach of 15.00m. Total lift height under spreader is 38m. S.W.L. is 65 Tonnes under Twin Lift Sp

about 14 years ago
Chevron Thailand Hires Seadrill’s Tender Assist Rig
Business & Finance

Chevron Thailand Hires Seadrill’s Tender Assist Rig

Seadrill has received a Letter of Award for a five-year contract for the tender assist rig T18 by Chevron Thailand Exploration and Production Ltd. Commencement of operations is scheduled for the first quarter 2014, following the delivery to Chevron of tender assist rigs T15 and T16 during 2013. The

about 14 years ago