Business & Finance
Huawei Marine Starts Manufacturing Phase of GFN Express Project Between USA and UK
Huawei Marine Networks Co., Ltd. (Huawei Marine) announced the signing of a construction contract of Hibernia Atlantic’s Global Financial Network (GFN) Project Express. Huawei Marine recently completed the first phase of the project’s marine survey work and is now commencing the manufacturing of the
Norway: Lundin Completes Avaldsnes Appraisal
Lundin Petroleum Norway, as operator for PL501, has completed the appraisal well, 16/5-2S located approximately 8.5 km south of the Avaldsnes discovery well 16/2-6, and 4 km south of the appraisal well 16/2-7. The objective of the 16/5-2S well was to delineate the southern flank of the Avaldsnes dis
US: CaytransBBC Announces Fleet Expansion
CaytransBBC, a service managed by Dan-Gulf shipping, announces it is adding a sixth vessel to its fleet. The M/V ‘BBC Anglia’ will join the existing fleet that offers regular service between the US Gulf and the North Coast of South America. The ship will deliver into the service in mid January 2012
The Netherlands: Shipyard De Hoop Delivers SBBA to Global Marine
On Friday, De Hoop shipyard has delivered the 60 person Single Block Barge Accommodation (SBBA) to Global Marine Systems. The SBBA was installed by De Hoop on the semi-submersible seagoing barge formarly known as Smit Anambas. Last week Global Marine has acquired this 130 meter barge and it was rena
UK: Gamma/Spaniards Partners Strike Amalgamation Deal
DEO Petroleum plc, the oil and gas development and production company focused on the UK Continental Shelf (“UKCS”) region of the North Sea, announces that the amalgamation agreement to combine the Licence P218 Block 15/21a Gamma Sub Area (“Gamma”) and Block 15/21g (“Spaniards”) areas has been finali
India: Greatship Cancels Shipbuilding Contract for MPSV
India’s largest private sector shipping company , Great Eastern Shipping Company Ltd has informed BSE that it has cancelled the shipbuilding contract for a Multipurpose Support Vessel with Mazagon Dock Ltd, Mumbai (Yard No. 26775). The said cancellation is disputed by the Yard. With this cancellatio
USA: TE SubCom Demonstrates 100Gb/s-Based Transmission Over Trans-Atlantic Distances
TE SubCom, a TE Connectivity Ltd. Company and an industry pioneer in undersea communications technology, announced it has successfully demonstrated 100Gb/s coherent transmission over trans-Atlantic distances at ultra-high 10Tb/s total capacity on a single fiber. The test was completed using a protot
USA: BlueView Pens Integration Agreement with Outland Technology
BlueView Technologies, the world leader in compact acoustic imaging and measurement technology, and Outland Technology, Inc., a ROV manufacturer in Slidell, Louisana with a combined 60+ years in Electronics and Undersea work signed a Systems Integrator Agreement that enables Outland to re-sell BlueV
Luxury Cruise Ship Runs Aground Off Italy
Three people are dead and at least 69 people are still missing after 4,200-passenger cruise ship Costa Concordia, owned by Genoa-based Costa Cruises ran aground off Italy’s western coast at Giglio island, Friday evening, less than two hours after leaving port. Passengers jumped for their lives into
India: GGOS Cancels Second Multipurpose Support Vessel Contract
Greatship Global Offshore Services Pte. Ltd. (GGOS) announced that the company has canceled contract for second Multipurpose Support Vessel with builder’s Yard No. 26775. GGOS said that the cancellation is disputed by the Yard. GGOS, a Singapore incorporated subsidiary of Greatship (India) Limited (
China Exports Submarine Cables to European and American Markets for First Time
Chinese photoelectric cable producer for the first time exported its submarine fiber optic cables to the European and American marketplace. Production of these hi-tech products has been dominated for a long time by a few corporations in France, the United States and Japan, explained Zhongtian Techno
The Netherlands: Siemens, Ventville Introduce SeaCURE BWT System
Ventville BV, an agent for the Siemens Water Technologies, has introduced a SeaCURE® system, developed to avoid water pollution caused by toxic organisms originating in ballast water. This ballast water management system is based on physical separation by filtration and treatment with hypochlorite p
Sweden: TransAtlantic Receives New AHTS Vessel Brage Viking
TransAtlantic has received the delivery of Brage Viking, an AHTS vessel from the Astilleros Zamakona S.A shipyard in Spain. The vessel will be flagged up in the Danish register of ships, DIS. Brage Viking is the last new-built ship in a series of four, which have been built at the Spanish shipyard.
Australia: Total and INPEX Launch USD 34 Billion Ichthys Project
Total and its joint venture partner INPEX CORPORATION announced that they have taken the final investment decision for the Ichthys liquefied natural gas (LNG) project in Australia, representing an investment of US$34 billion dollars. Total holds a 24% interest in the project which will develop appro