Business & Finance
UK: Inmarsat Selects Intellian for Global Xpress Maritime Antennas
Inmarsat, the leading provider of global mobile satellite communications services, today announced the selection of Intellian Technologies for the production of marine stabilised antennas for its forthcoming Global Xpress™ (GX) service. Intellian, a leader in antenna systems for the maritime market,
Subsea UK Hosts Event for Ex-Military Personnel in Subsea Industry
Subsea UK hosted a lunch and learn event at the Enterprise Centre in Aberdeen to stimulate discussion on how to utilise the skills of ex-military service personnel in the subsea industry. The event, which attracted 30 delegates from various subsea and recruitment organisations, saw presentations fro
Thailand: Precious Shipping Buys Two Bulk Carriers from STX Pan Ocean
The Bangkok-based ship-owner Precious Shipping signed a memorandum of understanding to acquire two handymax vessels from STX Pan Ocean for $39m, Seatrade Asia reports. Acquisition of 34,000 dwt handymax bulk carriers, STX Pioneer and STX Queensland built in 2005, is part of the company’s strategy to
Maldives: His Excellency President Mohamed Nasheed Inaugurates Submarine Cable Network
His Excellency President Mohamed Nasheed has on the 6th of December, 2011, inaugurated the cable laying process under Dhiraagu Domestic Submarine Cable Network Project at H. Dh. Kulhuduffushi. The inauguration took place with the pulling of the cable ashore by the President and key dignitaries, whic
Russia: Gazprom, Eni Executives Discuss South Stream Progress
The Gazprom headquarters hosted a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Paolo Scaroni, Chief Executive Officer of Eni. The parties discussed the joint projects in the energy sector, in particular, the progress with the South Stream project. It was
Singapore: New AHTS Vessel Joins Swire Pacific Offshore’s Fleet
Swire Pacific Offshore (SPO) announces the delivery of Pacific Python, the last of eight new “P Class” Anchor Handling Tug Supply (AHTS) vessels built by Qingdao Qianjin Shipyard, marking the successful completion of the major part of an ongoing fleet replacement programme. This follows on from the
Singapore: Swire Pacific Offshore Adds Pacific Python AHTS to Its Fleet
Singapore-based, Swire Pacific Offshore (SPO) has taken delivery of Pacific Python, the last of eight new “P Class” Anchor Handling Tug Supply (AHTS) vessels built by Qingdao Qianjin Shipyard, marking the successful completion of the major part of an ongoing fleet replacement programme. This follows
Hoegh LNG Enters HoA to Supply FSRU for Medan Project, Offshore Indonesia
Höegh LNG has entered into binding Heads of Agreement (“HoA”) with Perusahaan Gas Negara (“PGN”) for the provision of a Floating Storage and Regasification Unit (“FSRU”) offshore Belawan, near the city of Medan, in North Sumatra, Indonesia. The HoA is based on the use of Höegh LNG’s first FSRU newb
USA: Saratoga, McMoRan in Vermilion 16 Field JV Talks
Saratoga Resources and McMoRan Oil and Gas LLC (McMoRan) are in advanced talks regarding a potential joint venture on Saratoga’s Long John Silver Prospect at Vermilion 16 field. While specific terms of the proposed joint venture are still being discussed and subject to confidentiality obligations, S
Germany: Eight Series 4000 Ironmen Gensets to Power Two Boskalis Multi-Purpose Vessels
MTU received an order for eight Series 4000 Ironmen gensets from the China-based Shanghai Zhenhua Heavy Industry Co., Ltd. (ZPMC), a heavy-duty equipment manufacturer. The gensets will power two 99m multi-purpose vessels owned by the Dutch company Boskalis which owns one of the biggest and most mode
Norway: Scana Enters Agreement to Supply Propulsion Systems for Hornbeck’s Vessels
Scana Industrier ASA has through its subsidiary Scana Volda AS, entered into an agreement with VT Halter Marine, Inc, Pascagoula, Mississippi, USA, for delivery of the main propulsion systems and controls for eight (8) offshore supply vessels (“OSV”). The equipment deliveries are planned for Septemb
USA: Scana Takes Part in Hornbeck Offshore’s OSV Building Program
Scana Industrier ASA has signed an agreement with VT Halter Marine, Inc, Pascagoula, Mississippi, USA, for delivery of the main propulsion systems and controls for eight (8) offshore supply vessels (“OSV”). The equipment deliveries are planned for September 2012 to August 2013. The initial value of
Saratoga Enters into Joint Venture Negotiations with McMoRan (USA)
Saratoga Resources, Inc. announced that it is in advanced discussions with McMoRan Oil and Gas LLC (McMoRan) regarding a potential joint venture on Saratoga’s Long John Silver Prospect at Vermilion 16 field. While specific terms of the proposed joint venture are still being discussed and subject to
Indonesia: Hoegh LNG Enters into FSRU Agreement with Perusahaan Gas Negara
Höegh LNG Holdings Ltd. announced that it was selected as preferred bidder in the bid for the Medan LNG Floating Storage and Regasification Facilities, North Sumatra, Indonesia. The Company announced that it has entered into binding Heads of Agreement with Perusahaan Gas Negara for the provision of