Business & Finance
Petrobras CEO Invites Japanese Businessmen to Invest in Brazil
Petrobras’ CEO, José Sergio Gabrielli de Azevedo, gave a presentation this Monday (Nov 7) at the Brazilian Chamber of Commerce in Japan (BCCJ), Tokyo, regarding the company’s huge demand for equipment, logistic and infrastructure in its 2011-2015 Business Plan. In his address, Mr. Gabrielli highligh
COSL Completes Well Fracturing Test in East China Sea
China Oilfield Services Limited announces the successful completion of a well fracturing test operation at Ningbo 14-3-1 in East China Sea. At 4,950 meters, this operation writes a new record for depth of fracturing operation COSL has ever performed. The quality of this hydraulic fracturing operatio
The Netherlands: Archaeologists Find Traces of Stone Age Habitation in Port of Rotterdam
The site of what is now Rotterdam’s Yangtzehaven was inhabited by humans in the Middle Stone Age. At a depth of 20 metres, in the sea bed, unique underwater archaeological investigation found traces of bone, flint and charcoal from around 7000 BC. These finds are the very first scientific proof that
Singapore: Jurong Shipyard, Seadrill Hold Double Naming Ceremony for UDW Rigs
Sembcorp Marine’s subsidiary Jurong Shipyard and Seadrill Limited set a key milestone on November 5, 2011 with the double naming of high-specification, ultra-deepwater semi-submersible drilling rigs West Capricorn and West Leo. The double rig naming – a first for Seadrill and Jurong Shipyard – witne
The Netherlands: N-Sea Group Inks LOI to Buy Subcom
Yesterday, November 7th, the N-Sea Group BV and Subcom BV have signed a Letter of Intent in relation to the acquisition of Subcom BV by the N-Sea Group BV. Both parties seek to complete this mutually beneficial transaction by the end of this week. As of January 2012 Subcom BV will be integrated into
The Netherlands: International Crew Services to Acquire 7Seas Project Services
International Crew Services and 7Seas Project Services B.V. have entered into a definitive agreement under which International Crew Services, a leading provider of Maritime personnel, will acquire 7Seas Project Services, a Dutch personnel provider for international operating jack-up rigs. 7Seas Proj
Jindal Orders New Jack-Up Rig from Lamprell, UAE
Lamprell , a leading provider of specialist engineering services to the international offshore and onshore oil & gas and renewables industries, announces that it has received a new contract award from Jindal Pipes (Singapore) Pte Limited (“Jindal”), based in Singapore, for the construction and deliv
The Netherlands: International Crew Services to Purchase 7Seas Project Services
International Crew Services and 7Seas Project Services B.V. have entered into a definitive agreement under which International Crew Services, a leading provider of Maritime personnel, will acquire 7Seas Project Services, a Dutch personnel provider for international operating jack-up rigs. 7Seas Proj
The Netherlands: N-Sea Signs LoI to Acquire Subcom
On November 7th, the N-Sea Group BV and Subcom BV have signed a Letter of Intent in relation to the acquisition of Subcom BV by the N-Sea Group BV. Both parties seek to complete this mutually beneficial transaction by the end of this week. As of January 2012 Subcom BV will be integrated into the [&h
Singapore: Double Naming Ceremony for Seadrill’s UDW Rigs
Sembcorp Marine’s subsidiary Jurong Shipyard and Seadrill Limited set a key milestone on November 5, 2011 with the double naming of high-specification, ultra-deepwater semi-submersible drilling rigs West Capricorn and West Leo. The double rig naming – a first for Seadrill and Jurong Shipyard – witne
U.S. Based Camac Energy to Buy Avana Petroleum
CAMAC Energy Inc. , a U.S.-based energy company engaged in the exploration, development and production of oil and gas in West Africa and China, announced that it has signed a heads of agreement (“HOA”) to acquire one hundred percent of the issued share capital of Avana Petroleum Limited, a private I
Philippines: Nido Petroleum Starts 2D Seismic Survey in SC 54B
Nido Petroleum Philippines Pty Limited as Operator of Service Contract 54B (SC 54B), announces the commencement of 2D seismic operations in SC 54B. NDO’s partners in SC 54B are Shell Philippines Exploration B.V. and Yilgarn Petroleum Philippines Pty Ltd (a wholly owned subsidiary of Kairiki Energy L
Philippines: Austral Acquires Former FBMA Marine Shipyard
Leading global shipbuilder and defence prime contractor Austal has acquired a shipyard in the Philippines as part of its strategy to regionalise its manufacturing base for commercial vessels. The $7 million acquisition of the former FBMA Marine shipyard enables Austal to establish shipbuilding opera
UK: Lloyd’s Register Publishes Guide for Survey and Examination of Ships’ Lifting Appliances
Lloyd’s Register has published a new pocket guide to help ship owners and operators understand the importance of professional maintenance and survey preparation for marine lifting appliances. The new guide — Survey and Examination of Ships’ Lifting Appliances — is the latest in Lloyd’s Register’s ac