Cal Dive International, Inc. announced that an amendment to its credit facility, which matures in April 2016, has been approved. In connection with the amendment, the primary financial covenants included in the credit facility will be amended, and the size of the revolving credit facility will be re
Alicat Workboats Ltd. has seen the launch of its sixth vessel since being set up just over two years ago, establishing itself as a market leader in providing state-of-the-art catamarans to the offshore renewables sector. The high speed aluminium built vessels are specifically designed to quickly and
The Lewek EMAS, the latest and largest floating production, storage and offloading (“FPSO”) vessel co-owned by EOC Limited, has successfully achieved first oil in Vietnam’s Chim Sao field on 10 October 2011. This milestone marks the commencement of the vessel’s US$1 billion charter contract with Pre
The Lewek EMAS, the latest and largest floating production, storage and offloading (“FPSO”) vessel co-owned by EOC Limited, has successfully achieved first oil in Vietnam’s Chim Sao field on 10 October 2011. This milestone marks the commencement of the vessel’s US$1 billion charter contract with Pre
RAMSEY Bay has been designated as the Isle of Man’s first Marine Nature Reserve in a project welcomed by government, fishermen and Friends… By Bill Dale (isleofman) [mappress] Source: isleofman, October 10 , 2011;
The Saudi coast of the Red Sea covers more than 11° latitudes featuring decreasing nutrients, decreasing mean annual SST and increasing salinity from S to N making it an ideal setting to investigate naturally varying water parameters on coral reefs. During a 4 week land-based expedition (16.Septembe
CGGVeritas provides its vessel utilization and its fleet allocation updates for the third quarter of 2011. Vessel utilization for the third quarter 2011: -The vessel availability rate was 91% including initial shipyard of the Champion for upgrades as part of our performance program. This compares to
Eni has started production from the Kitan oil field located between Timor-Leste and Australia, approximately 240km south of the Timor-Leste capital of Dili and 550km north of Darwin, Australia. Eni is operator of Kitan with a 40% interest while INPEX Timor Sea (35%) and Talisman Resources (25%) are
WASSP Ltd has today announced the expansion of the company’s senior management with the appointment of Ian McDonald as General Manager. The role is a newly created position and will see Mr McDonald overseeing WASSP’s international sales & marketing strategy for their multibeam sonar products. Origin
Heesen Yachts, the Dutch shipyard and world leader in the construction of luxury superyachts, announces that MY Satori has recently been awarded two World Yacht Trophies in Cannes and the prestigious Prix du Design in Monaco. Satori is the first of Heesen’s new 50m aluminium class. Delivered last Ma
In relation to the construction and operation of the natural gas pipeline in the Baltic Sea, Nord Stream conducts ambitious environmental and socio-economic monitoring in each country through whose waters the pipeline passes. Furthermore, for the purpose of providing a transparent overview, Nord Str
In relation to the construction and operation of the natural gas pipeline in the Baltic Sea, Nord Stream conducts ambitious environmental and socio-economic monitoring in each country through whose waters the pipeline passes. Furthermore, for the purpose of providing a transparent overview, Nord Str
Eni has started production from the Kitan oil field located between Timor-Leste and Australia, approximately 240km south of the Timor-Leste capital of Dili and 550km north of Darwin, Australia. Eni is operator of Kitan with a 40% interest while INPEX Timor Sea (35%) and Talisman Resources (25%) are
North Sea oil and gas operators can now begin to benefit from a new waste treatment facility which opened its doors for business at the Stoneyhill Resource Recovery Park near Peterhead this week. Nuvia SITA NORM’s new, multi-million pound treatment facility, which held its launch event on Tuesday (4
