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Business & Finance

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USA: Transocean Finds No Oil Leaking from Sunken Deepwater Horizon Rig or Riser
Business & Finance

USA: Transocean Finds No Oil Leaking from Sunken Deepwater Horizon Rig or Riser

A comprehensive two-day underwater examination conducted by Transocean and the US Coast Guard (USCG) on October 4th and 5th confirmed that there are no hydrocarbons leaking from of the sunken Deepwater Horizon or the riser, the pipe that linked the rig to the well head before the Macondo accident la

about 15 years ago
USA: Transocean Finds No Oil Leaking from Sunken Deepwater Horizon Rig or Riser
Business & Finance

USA: Transocean Finds No Oil Leaking from Sunken Deepwater Horizon Rig or Riser

A comprehensive two-day underwater examination conducted by Transocean and the US Coast Guard (USCG) on October 4th and 5th confirmed that there are no hydrocarbons leaking from of the sunken Deepwater Horizon or the riser, the pipe that linked the rig to the well head before the Macondo accident la

about 15 years ago
UK: HRH Prince Philip Visit to London Gateway Marks Milestone Week for DP World Team
Business & Finance

UK: HRH Prince Philip Visit to London Gateway Marks Milestone Week for DP World Team

His Royal Highness Prince Philip, Duke of Edinburgh, has made a historic visit to DP World London Gateway during a momentous week for the new port, following the official announcement that the new deep sea container terminal will open in the fourth quarter of 2013. The Duke was welcomed by Sir John

about 15 years ago
Australian Navy​ Leases Hallin’s Windermere Subsea Operations Vessel
Business & Finance

Australian Navy​ Leases Hallin’s Windermere Subsea Operations Vessel

Australia’s Minister for Defense Stephen Smith and Minister for Defense Materiel Jason Clare have announced that the Royal Australian Navy​ (RAN) will lease the subsea operations vessel Windermere from Hallin Marine, a Superior Energy Services company, to reinforce the RAN’s amphibious capability du

about 15 years ago
McDermott Establishes Engineering and Consulting Company in Saudi Arabia
Business & Finance

McDermott Establishes Engineering and Consulting Company in Saudi Arabia

McDermott International, Inc. announced that one of its subsidiaries has signed a partnership agreement with Eng. Khalid S. Al Shoaibi, of the Shoaibi Group, to form McDermott Arabia Engineering, a company specializing in engineering and consulting services to the offshore oil and gas industry in Sa

about 15 years ago
Royal Australian Navy Leases Subsea Operations Vessel ‘Windermere’ from Hallin Marine
Business & Finance

Royal Australian Navy Leases Subsea Operations Vessel ‘Windermere’ from Hallin Marine

Australia’s Minister for Defense Stephen Smith and Minister for Defense Materiel Jason Clare have announced that the Royal Australian Navy (RAN) will lease the subsea operations vessel Windermere from Hallin Marine, a Superior Energy Services company, to reinforce the RAN’s amphibious capability dur

about 15 years ago
Utilities Argue Against Power Purchase from Cape Wind (USA)
Business & Finance

Utilities Argue Against Power Purchase from Cape Wind (USA)

NStar and Northeast Utilities on Wednesday said Massachusetts regulators can’t force them to buy power from the Cape Wind offshore wind farm… By Jay Lindsay (Associated Press) [mappress] Source: Associated Press, October 13, 2011

about 15 years ago
Utilities Argue Against Power Purchase from Cape Wind (USA)
Business & Finance

Utilities Argue Against Power Purchase from Cape Wind (USA)

NStar and Northeast Utilities on Wednesday said Massachusetts regulators can’t force them to buy power from the Cape Wind offshore wind farm… By Jay Lindsay (Associated Press) [mappress] Source: Associated Press, October 13, 2011

about 15 years ago
Intervale Capital Promotes Erich Horsley to Partner (USA)
Business & Finance

Intervale Capital Promotes Erich Horsley to Partner (USA)

Intervale Capital an energy-focused middle-market private equity firm, announces the promotion of Erich Horsley to Partner. In his new role, Erich will be actively involved in deal sourcing and execution, portfolio company oversight and interaction with the firm’s limited partners. He will also join

about 15 years ago
Russia: Baltic Shipyard Secures Two PSV Orders from Gazprom
Business & Finance

Russia: Baltic Shipyard Secures Two PSV Orders from Gazprom

JSC United Shipbuilding Corporation (USC) has placed an order for two platform supply vessels at St. Petersburg-based Baltic Shipyard​​. The… (PortNews) [mappress] Source: PortNews, October 13, 2011;

about 15 years ago
McDermott Establishes Engineering and Consulting Company in Saudi Arabia
Business & Finance

McDermott Establishes Engineering and Consulting Company in Saudi Arabia

McDermott International, Inc. announced that one of its subsidiaries has signed a partnership agreement with Eng. Khalid S. Al Shoaibi, of the Shoaibi Group, to form McDermott Arabia Engineering, a company specializing in engineering and consulting services to the offshore oil and gas industry in Sa

about 15 years ago
Lamprell’s Shares Drop After Liftboats Announcement (UAE)
Business & Finance

Lamprell’s Shares Drop After Liftboats Announcement (UAE)

LAMPRELL shares were yesterday blown off course after the specialist engineer was forced to take hefty provisions to cover cost overruns… (express) [mappress] Source: express, October 13, 2011

about 15 years ago
BP and Partners to Invest USD 15.6 Billion in UK Oil and Gas Development
Business & Finance

BP and Partners to Invest USD 15.6 Billion in UK Oil and Gas Development

BP and its partners are developing four new oil and gas projects that together will involve a total investment of almost £10 billion in the UK’s oil industry over the next five years and help to maintain BP’s production from the North Sea for decades to come. The UK Government today granted BP and [

about 15 years ago
USA: Massachusetts Governor Deval Patrick Visits WHOI
Business & Finance

USA: Massachusetts Governor Deval Patrick Visits WHOI

Woods Hole Oceanographic Institution (WHOI) hosted a visit by Massachusetts Governor Deval Patrick, marking his first visit to the Cape-based non-profit ocean research, engineering, and education organization. “The Institution is honored to host the governor,” said WHOI President and Director Susan

about 15 years ago
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