Business & Finance
Vietnam: HVS Starts Construction of 56.000 DWT Bulk Carrier
On 29th October, 2011, Steel Cutting Ceremony for the 56,000 DWT Bulk Carrier having Hull No. S049 has been organized at the Steel Processing Shop of Hyundai-Vinashin Shipyard (HVS). The ceremony was graced by the attendance of representatives from Ship Owner, DNV and HVS. The S049 is the 4th order
Tanzania: Aminex Inks Nyuni Area PSC
Aminex PLC (“Aminex” or the “Company”) announces today that it has signed a new Production Sharing Agreement (‘PSA’) with the Tanzanian Minister of Energy & Minerals granting it the right to explore for oil and gas over 1,690 km² in the Nyuni area off the coast of Tanzania in the Indian Ocean. The P
Thales Sonar Helps Royal Navy in Minewarfare Operations (Libya)
A Royal Navy minehunter fitted with Thales sonar has located and destroyed a 2,000-pound mine and torpedo lying on the seabed off the port of Tobruk in eastern Libya. HMS Bangor, a Sandown-class mine countermeasures vessel (MCMV), has been on NATO operations off the Libyan coast, tasked with searchi
USA: Hertz Acquires Delta Rigging & Tools Offshore Equipment Rental Arm
Hertz Global Holdings, Inc. announced that its equipment rental division, Hertz Equipment Rental Corporation, (HERC) has acquired Delta Rigging & Tools’ offshore equipment rental division based in New Iberia, La., expanding its Oil and Gas customer base into the offshore market. “Hertz continues to
Fairstar to Transport Drilling Rig RESPECT from Nigeria to Texas
Fairstar Heavy Transport N.V. (FAIR) has been awarded a contract by Oando Energy Services, the leading indigenous, energy and energy services company in Nigeria to transport the drilling rig RESPECT from Lagos, Nigeria to Galveston, Texas. The contract value is USD 3.05 million. Chris Muilwijk, Sale
Fairstar to Transport Drilling Rig from Nigeria to USA
Fairstar Heavy Transport N.V. (FAIR) has been awarded a contract by Oando Energy Services, the leading indigenous, energy and energy services company in Nigeria to transport the drilling rig RESPECT from Lagos, Nigeria to Galveston, Texas. The contract value is USD 3.05 million. Chris Muilwijk, Sale
UK: BG Group Chairman to Leave Post in May 2012
Sir Robert Wilson has today announced his intention to stand down as Chairman of BG Group at the conclusion of the Company’s Annual General Meeting in May 2012. He will be succeeded by Andrew Gould, currently Chairman of Schlumberger Limited. Mr Gould joined Schlumberger, the world’s largest oil an
Norway: STX Gets Contract for Four Platform Supply Vessels
STX OSV Holdings Limited, one of the major global designers and shipbuilders of offshore and specialized vessels, announced that it has secured new contracts for the construction of four Platform Supply Vessels (PSV) for Island Offshore. The combined value of all four contracts exceeds NOK 1 billion
Tullow Becomes Operator of New PSC Offshore Mauritania
Tullow Oil plc (Tullow) announces that new Production Sharing Contract (PSC) arrangements have been agreed with the Government of Mauritania and its Joint Venture partners. These arrangements will enable the Group to progress the appraisal and development of existing discoveries and pursue explorati
Norway: STX OSV to Build 4 PSVs for Island Offshore
STX OSV Holdings Limited (“STX OSV”), one of the major global designers and shipbuilders of offshore and specialized vessels, announced that it has secured new contracts for the construction of four Platform Supply Vessels (PSV) for Island Offshore. The combined value of all four contracts exceeds N
China: VULKAN Couplings in Focus at MARINTEC 2011
The MESLU clutch is in focus at the MARINTEC 2011 in Shanghai, and it has been highly appreciated by customers thanks to its constructional advantages, especially when used in suction dredgers and other maritime applications. The MESLU, a pneumatically operated double cone friction clutch guarantees
China: RHI Christens First Panamax Bulk Carrier Ordered by Minsheng Financial Leasing
China Rongsheng Heavy Industries Group Holdings Limited, a large heavy industries group in China, announced that the first Panamax bulk carrier ordered by Minsheng Financial Leasing Co., Ltd. (“MSFL”) was christened as “Guo Yuan 8” at the Group’s Nantong production base on 28 October. The leasing of
Brazil: Petrobras Provides Clarification on Espirito Santo Basin Assets
Petrobras provided clarification about news released recently concerning concession areas BM-ES-32 and BM-ES-23, located in Espírito Santo Basin. Petrobras confirmed the information about oil discoveries in block ES-M-594 (BM-ES-32), as disclosed to the market on December 16, 2010 and about discover
UK: MSSL and WFS Launch Wireless Tension Monitoring System
WFS Subsea, leading supplier of through-water (and through-ground) wireless technology for communication, navigation and power transfer and Monitor Systems Scotland Ltd today begin promoting the r-tTs (Real-Time Tension Sensor) for wireless load monitoring in the Offshore, Marine and Energy industri