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Business & Finance

China: First LNG Tanker Docks at Dalian Terminal
Business & Finance

China: First LNG Tanker Docks at Dalian Terminal

On November 16, Dalian LNG Terminal welcomed its first LNG carrier “Expedient” , indicating that the trial operation of Dalian LNG project is formally commenced. Located in Dalian, Liaoning province, the project covers an area of 216,000 square meters. As China’s only LNG terminal with loading capac

about 15 years ago
Bermuda: Exxon Extends West Aquarius Rig Contract
Business & Finance

Bermuda: Exxon Extends West Aquarius Rig Contract

Bermuda-based offshore deepwater drilling contractor, Seadrill, has been awarded a two-year extension for its ultra-deepwater semi-submersible rig West Aquarius which is currently operating in Asia under a worldwide contract for ExxonMobil. It is anticipated that the extension period will primarily

about 15 years ago
UK: Endeavour Announces Spud of Tudor Rose Well
Business & Finance

UK: Endeavour Announces Spud of Tudor Rose Well

Endeavour International Corporation today reported that the Tudor Rose well in the Central North Sea block 14/30a was spud yesterday, on the 16th of November 2011. The Tudor Rose oil accumulation was discovered in 1983 and encountered an 80 foot oil column within the Tertiary age Beauly Sands, but p

about 15 years ago
Norway: Kongsberg Evotec to Provide Complete Back-deck Handling System for Sanco Shipping
Business & Finance

Norway: Kongsberg Evotec to Provide Complete Back-deck Handling System for Sanco Shipping

Kongsberg Evotec AS, a Kongsberg Maritime company, has been awarded a contract with Kleven Maritime (Myklebust), Sanco Shipping and Dolphin Geophysical, for the complete back-deck handling system on Sanco Shipping’s new (up to) 16 streamers seismic vessel built to be operated by Dolphin Geophysical

about 15 years ago
Parkmead Acquires Stake in Platypus Gas Field and Possum Gas Prospect, Offshore UK
Business & Finance

Parkmead Acquires Stake in Platypus Gas Field and Possum Gas Prospect, Offshore UK

The Parkmead Group plc yesterday completed an agreement with XTO UK Ltd., a subsidiary of Exxon Mobil Corporation, to buy a 15% interest in Blocks 48/1a, 47/5b and 48/1c in the UK Southern North Sea. These blocks contain the Platypus gas field and the Possum gas prospect. This acquisition marks an i

about 15 years ago

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USA: Space Florida and Lockheed Martin Collaborate for AUV Program in Palm Beach County
Business & Finance

USA: Space Florida and Lockheed Martin Collaborate for AUV Program in Palm Beach County

Space Florida and Lockheed Martin have signed an agreement to advance the testing and production of a new autonomous underwater vehicle (AUV) known as Marlin™ in support of aerospace economic development in the state of Florida. Lockheed Martin will outfit the Marlin systems with sophisticated senso

about 15 years ago
Statoil, Partners Successfully Bid for Exploration Rights Offshore Canada
Business & Finance

Statoil, Partners Successfully Bid for Exploration Rights Offshore Canada

Statoil and its co-venturers Repsol and Chevron have been named the successful bidders for exploration rights on two land parcels in the Flemish Pass Basin, offshore Newfoundland and Labrador, Canada. This was the result of a land sale issued by the Canada-Newfoundland and Labrador Offshore Petroleu

about 15 years ago
Norway: Kongsberg Evotec Wins Contract for Back-Deck Handling System
Business & Finance

Norway: Kongsberg Evotec Wins Contract for Back-Deck Handling System

Kongsberg Evotec AS, a Kongsberg Maritime company, has been awarded a contract with Kleven Maritime (Myklebust), Sanco Shipping and Dolphin Geophysical, for the complete back-deck handling system on Sanco Shipping’s new (up to) 16 streamers seismic vessel built to be operated by Dolphin Geophysical

about 15 years ago
Bahrain: EDB Signs MoU with Rodriguez Cantieri Navalli
Business & Finance

Bahrain: EDB Signs MoU with Rodriguez Cantieri Navalli

The Bahrain Economic Development Board (EDB) today signed a Memorandum of Understanding (MoU) with world-renowned Italian high-tech shipbuilders Rodriguez Cantieri Navalli, controlled by the Italian Immsi Group (Rodriquez), to establish a marine boat manufacturing industry in the Kingdom. The agreem

about 15 years ago
Norway: Vestdavit Develops Sliding Davit Solution for Arctic MOB and Fast Rescue Craft Boat
Business & Finance

Norway: Vestdavit Develops Sliding Davit Solution for Arctic MOB and Fast Rescue Craft Boat

Norway-based boat handling system and specialised davit supplier Vestdavit has developed a sliding davit solution which permits easy handling and maintenance of rescue craft in Artic conditions. Vestdavit’s PLR-3600 MOB/FRC davit is DNV and ABS approved for work in -40 degree C and can handle MOB bo

about 15 years ago

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China: Guangzhou Huangpu Wins Shipbuilding Contract for Eight PSVs
Business & Finance

China: Guangzhou Huangpu Wins Shipbuilding Contract for Eight PSVs

CSSC Guangzhou Huangpu Shipbuilding and Basic Offshore of Singapore signed on November 9th 2011 a newbuilding contract for eight platform support vessels. Eight new PSVs will be of Havyard 832 L SE design. Havyard 832 L SE is based on the Havyard 832 CD design and has been further developed in accor

about 15 years ago
USA: DSC Receives Order for New Overburden Dredge from Mosaic
Business & Finance

USA: DSC Receives Order for New Overburden Dredge from Mosaic

Earlier this month, Mosaic placed an order for a new custom DSC Marlin Class underwater pump dredge that will replace the Company’s existing dredge. Mosaic is the world’s leading producer and marketer of concentrated phosphate and potash, two primary nutrients required to grow the food the world nee

about 15 years ago
German Minister for Transport to Visit Port of Rotterdam
Business & Finance

German Minister for Transport to Visit Port of Rotterdam

Tomorrow, Thursday 17 November, the German Minister for Transport Dr Peter Ramsauer, accompanied by Minister Schultz van Haegen and the German Ambassador to the Netherlands Dr Heinz-Peter Behr, will be visiting the port of Rotterdam. Ramsauer has a particular interest in the hydraulic aspects of the

about 15 years ago
Norway: Cosalt Offshore Orders Second 50-tonne Spooling Winch from ACE Winches
Business & Finance

Norway: Cosalt Offshore Orders Second 50-tonne Spooling Winch from ACE Winches

Cosalt Offshore, which provides lifting, tooling and marine services to the oil & gas industry, has recently ordered a second 50-tonne spooling winch from ACE Winches as part of a major investment in equipment. The second winch, destined for Norway, was ordered following an increasingly high demand

about 15 years ago