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Business & Finance

Belgium: Scaldis Orders Crane Ship from Korea’s STX
Business & Finance

Belgium: Scaldis Orders Crane Ship from Korea’s STX

The shareholders of the Antwerp based specialist in hoisting on the water Scaldis Salvage & Marine Contractors NV have ordered an extremely powerful, self propelled DP2 crane ship from Korean shipbuilders STX Offshore & Shipbuilding. The vessel will be built in STX’s shipyard in Dalian and finished

about 14 years ago
Australia: Maintenance Dredging at Port of Melbourne’s South Channel Completed
Business & Finance

Australia: Maintenance Dredging at Port of Melbourne’s South Channel Completed

The dredging vessel Brisbane will depart Port Phillip Bay tomorrow afternoon after successfully completing required maintenance dredging in South Channel, Port of Melbourne Corporation (PoMC) CEO, Stephen Bradford, announced today. Despite some inclement weather during the project which commenced on

about 14 years ago
UK: Tritech Offers Complete SeaKing Hammerhead Package
Business & Finance

UK: Tritech Offers Complete SeaKing Hammerhead Package

The SeaKing Hammerhead high resolution, 360° mechanical scanning imaging sonar is the solution for a variety of detailed survey tasks. Now available as a package complete with top box, tripod, cable on reel and transit cases, the SeaKing Hammerhead can be deployed on the tripod for many survey tasks

about 14 years ago
Drilling Starts at Orchid Prospect in UK North Sea
Business & Finance

Drilling Starts at Orchid Prospect in UK North Sea

P/F Atlantic Petroleum announces the commencement of operations on the 29/1c-9 Orchid exploration well on UK Licence P.1556 in the Central North Sea. The well is being drilled with the Sedco 711 semi-submersible rig in a water depth of about 290 ft, near to the producing Bittern and Kyle fields. The

about 14 years ago
Norway: EMGS Strengthens Executive Management Team
Business & Finance

Norway: EMGS Strengthens Executive Management Team

David Neser has been appointed Chief Operating Officer and Chief Technology Officer of Electromagnetic Geoservices ASA (EMGS) with effect from 1 May, 2012. David joins EMGS from WesternGeco, and brings with him over 20 years of experience in operations management, sales, business development and new

about 14 years ago

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Alcoa Wins Contract from US Navy
Business & Finance

Alcoa Wins Contract from US Navy

Alcoa announced today that the U.S. Navy has awarded a $2.1 million contract to Alcoa to develop advanced welding techniques designed to reduce manufacturing costs on aluminum-intensive ships. Under the program, developed through a collaboration by Alcoa’s Government Affairs team and researchers at

about 14 years ago
Russia: EDC’s Trident 20 Jack-up Rig Gets New Name
Business & Finance

Russia: EDC’s Trident 20 Jack-up Rig Gets New Name

Eurasia Drilling Company Limited , the leading onshore and offshore drilling service provider in the CIS, announces that in February 2012 its TRIDENT 20 jack-up drilling rig was renamed SATURN. The SATURN is a Keppel FELS CS Mod V cantilever jack-up delivered in 2001, and is capable of operating in

about 14 years ago
Bahrain: MIC Secures Cash for MENAdrill I Financing
Business & Finance

Bahrain: MIC Secures Cash for MENAdrill I Financing

MENAdrill Investment Company ‘MIC’, incorporated in Cayman Islands and principally promoted by First Energy Bank ‘FEB’ (headquartered in Bahrain) has signed a 3 year $130m limited recourse islamic financing with Gulf International Bank B.S.C. ‘GIB’ as the Mandated Lead Arranger and Investment Agent

about 14 years ago
Germany: Fassmer Shipyard Secures Construction Contract for Research Vessel
Business & Finance

Germany: Fassmer Shipyard Secures Construction Contract for Research Vessel

Alfred Wegener Institute for Polar and Marine Research (AWI) signed in December last year a contract with Fassmer shipyard for construction and delivery of a 21m research vessel. With this order, the series of research vessels being built at Fassmer will be completed. The series comprises the 65-met

about 14 years ago
China: Yuexin Shipbuilding Holds Steel Cutting Ceremony for Harbour Tugboat
Business & Finance

China: Yuexin Shipbuilding Holds Steel Cutting Ceremony for Harbour Tugboat

On March 6th, at 11:00am of, the steel-cutting ceremony for 38m Multi-function Tugboat YX3185 built for CNPC South-East Asia Pipeline Company Limited was held in Yuexin’s Sub-module Factory. This is the third ASD tug that Yuexin built for CNPC South-East Asia Pipeline Company Limited, and is to be d

about 14 years ago

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Germany: Fassmer Builds Another Research Vessel
Business & Finance

Germany: Fassmer Builds Another Research Vessel

Alfred Wegener Institute for Polar and Marine Research (AWI) signed in December last year a contract with Fassmer shipyard for construction and delivery of a 21m research vessel. With this order, the series of research vessels being built at Fassmer will be completed. The series comprises the 65-met

about 14 years ago
James Cameron Plans to Dive Pacific’s Mariana Trench
Business & Finance

James Cameron Plans to Dive Pacific’s Mariana Trench

Squeezed into a submersible as futuristic as anything in his movies, James Cameron intends to descend solo to the ocean’s deepest point within weeks, the Canadian filmmaker and explorer announced Thursday. Just Tuesday, during testing off Papua New Guinea, Cameron dived deeper than any other human h

about 14 years ago
INPEX Orders USD 2 bln FPSO from DSME (South Korea)
Business & Finance

INPEX Orders USD 2 bln FPSO from DSME (South Korea)

The second largest shipbuilder in the world, Daewoo Shipbuilding and Marine Engineering, Co, announces that it has received an order to construct a giant Floating Production Storage and Offloading vessel (FPSO). The order comes from a Japanese oil giant, INPEX and is a part of the company’s Ichthys

about 14 years ago
Italy: Prysmian Publishes 2011 Anual Report
Business & Finance

Italy: Prysmian Publishes 2011 Anual Report

The Board of Directors of Prysmian S.p.A. has approved today the Company’s consolidated financial statements and separate financial statements for 2011 . ” Technological innovation and production flexibility have enabled the Group to achieve more than satisfactory results even in a market where sign

about 14 years ago