Business & Finance
China: Afai Southern Officially Opens Technology Center
At 10:36 of December 27, Technology Center of Afai Southern was established officially. The middle and upper level leaders of Afai Southern, Ship-owner representatives of under-construction shipbuilding projects were present at the ceremony. Our General Manager, Mr. Wu Mingyi, and Vice General Manag
Turkey Grants South Stream Construction Permit
Yesterday in Moscow the Turkish party officially handed a note by the Turkish Ministry of Foreign Affairs regarding the South Stream project at a meeting between Vladimir Putin, Prime Minister of the Russian Federation and Taner Yildiz, Minister of Energy and Natural Resources of the Republic of Tur
Norway: Aker Solutions Bags Contract for Subsea Production System for Svalin Project
Aker Solutions has been awarded a job by Statoil for the engineering, procurement and construction of a subsea production system for the Svalin project on the Norwegian continental shelf. The contract value is approximately NOK 400 million. Scope of work includes two subsea trees, one four-slot inte
UAE: Lamprell Sells Jack-up Rig to PEMSA
Lamprell , a provider of specialist engineering services to the international offshore and onshore oil & gas industry,has received a contract award from Compañía Perforadora Mexico S.A.P.I. DE C.V. (“PEMSA”), a subsidiary of Grupo Mexico, for the construction and delivery of Hull 108, a completely o
China: Reignwood Takes Delivery of New Jack-up Rig from CIMC Raffles
On the morning of Dec. 29th, 2011, CIMC Raffles delivered a Jack-up drilling rig the MASTER DRILLER to the Reignwood International Investment (Group) Company Limited. The basic design of MASTER DRILLER is supplied by the Friede&Goldman of the U.S.A., while CIMC Raffles independently finished all the
Norway:Aker Solutions’ Subsea Systems for Statoil’s Svalin Fast Track
Norway’s Aker Solutions has been awarded a job by Statoil for the engineering, procurement and construction of a subsea production system for the Svalin project on the Norwegian continental shelf. The contract value is approximately NOK 400 million (USD 66.4 million) Scope of work includes two subse
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
CIMC Raffles Delivers New Jack-Up Rig to Reignwood
On the morning of Dec. 29th, 2011, China’s CIMC Raffles delivered a jack-up drilling rig the Master Driller to the Reignwood International Investment (Group) Company Limited. The basic design of the rig is supplied by the Friede&Goldman of the U.S.A., while CIMC Raffles independently finished all th
USA: Stone Energy Buys Interest in Pompano Field from BP
Stone Energy Corporation today announced the closing of the previously announced acquisition of deep water assets from BP Exploration & Production Inc. (BP), which include BP’s 75% operated working interest in the five block deep water Pompano field in Mississippi Canyon, a 51% operated working inte
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
Japan: MOL Announces Order of New High-Efficiency Iron Ore Carrier
Mitsui O.S.K. Lines, Ltd. today announced that it has ordered a new cape-size bulker that will adopt element technologies of the next-generation ISHIN-III vessel program to achieve high fuel efficiency. Universal Shipbuilding Corporation will construct the new ship, slated for completion in late 201
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
Hyperdynamics Restarts Offshore Guinea Drilling
Hyperdynamics Corporation today announced it has resumed drilling operations on the Sabu-1 exploration well in its concession offshore the Republic of Guinea in West Africa. Drilling recommenced from a point 1,440 meters subsea and is planned to continue to a total depth of 3,600 meters. Hyperdynami
Hyperdynamics Resumes Drilling on Sabu-1 Exploration Well Offshore Guinea
Hyperdynamics Corporation today announced it has resumed drilling operations on the Sabu-1 exploration well in its concession offshore the Republic of Guinea in West Africa. Drilling recommenced from a point 1,440 meters subsea and is planned to continue to a total depth of 3,600 meters. Hyperdynami