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Business & Finance

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UK: Hamworthy Buys Valve Specialist AW Flow
Business & Finance

UK: Hamworthy Buys Valve Specialist AW Flow

Hamworthy, a world leader in the design and manufacture of innovative marine and offshore fluid handling systems, announces that it has acquired 100 per cent of the issued share capital of AW Flow Holdings Limited (“AW Flow”) and its subsidiary undertakings, a UK based specialist valve manufacturer

about 15 years ago
Leighton Wins Contract to Construct Oil Export Pipeline in Iraq
Business & Finance

Leighton Wins Contract to Construct Oil Export Pipeline in Iraq

Iraq’s cabinet awarded a $518 million contract for an oil export expansion project to Leighton’s Singapore-registered Leighton Offshore Pte… By Ahmed Rasheed (Reuters) [mappress] Source: Reuters, October 05 , 2011;

about 15 years ago
China: COSCO Delivers Bulk Carrier ‘POS TANSANIT’ to European Buyer
Business & Finance

China: COSCO Delivers Bulk Carrier ‘POS TANSANIT’ to European Buyer

COSCO (Zhoushan) Shipyard Co, a subsidiary of the Company’s 51% owned COSCO Shipyard Group Co., Ltd has delivered a bulk carrier of 92500DWT, “POS TANSANIT” to its European buyer. The delivery documents were signed by and between COSCO Zhoushan and the buyer on 28 September 2011. The bulk carrier me

about 15 years ago
Norway: North Energy Updates on Heilo Well
Business & Finance

Norway: North Energy Updates on Heilo Well

North Energy has completed drilling of the two main reservoirs and one of the secondary targets in the Heilo well in PL 530 in the Barents Sea. The well has not encountered hydrocarbons. The well will now continue drilling to planned total depth in the Havert Formation, testing possible deeper targe

about 15 years ago
Saudi Arabia: National Chemical Carriers Receives New Chemical Tanker NCC AMAL
Business & Finance

Saudi Arabia: National Chemical Carriers Receives New Chemical Tanker NCC AMAL

The National Shipping Company of Saudi Arabia announces that its 80% owned subsidiary company The National Chemical Carriers Ltd. Co. (NCC) received on Wednesday, 15th June 2011 in Korea a new chemical tanker named NCC AMAL with DWT of 45,000 tons from SHINAsb (previously SLS) of South Korea, as par

about 15 years ago
BSEE Director Delivers Remarks at IRF 2011 Global Offshore Safety Summit Conference (Norway)
Business & Finance

BSEE Director Delivers Remarks at IRF 2011 Global Offshore Safety Summit Conference (Norway)

Bureau of Safety and Environmental Enforcement (BSEE) Director Michael R. Bromwich delivered remarks at the International Regulators Forum (IRF) 2011 Global Offshore Safety Summit Conference in Stavanger, Norway. The IRF is a group of nine offshore upstream health and safety regulators from eight co

15 minutes read
Namibia: HRT Gets Exploration Period Extension
Business & Finance

Namibia: HRT Gets Exploration Period Extension

HRT Participações em Petróleo S.A. announces that the Ministry of Mines and Energy of the Republic of Namibia has extended the Initial Exploration Period in the 2815, 2816 and 2915 offshore blocks in the Orange Sedimentary Basin. More precisely, the five years of the Initial Exploration Period (Petr

about 15 years ago
Cyprus: Songa Offshore Provides September Fleet Update
Business & Finance

Cyprus: Songa Offshore Provides September Fleet Update

Songa Offshore​, Cyprus-based offshore drilling company, provides fleet update for September 2011. Songa Venus continues with maintenance and operational preparedness for the upcoming contract with Petronas in Malaysia. Mobilization and contractual start up is expected to commence on October 15. Son

about 15 years ago
SeaLimpets Could Lead to Sales Boom (UK)
Business & Finance

SeaLimpets Could Lead to Sales Boom (UK)

AN Inverness company specialising in marine engineering, equipment and aquaculture is in discussions with five firms interested in its… (inverness-courier) [mappress] Source: inverness-courier, October 05, 2011

about 15 years ago
UK: Ocean Nomad Rig Arrives at Esperanza Prospect Site
Business & Finance

UK: Ocean Nomad Rig Arrives at Esperanza Prospect Site

Canadian Overseas Petroleum Limited announces that operations at the Company’s Esperanza prospect located in Block 22/15 of the UK Central North Sea have been initiated. The Ocean Nomad semi-submersible drilling rig is on location and currently waiting for weather to pass for the commencement of dri

about 15 years ago
Apollo Offshore Engineering Appoints Steve Leaper as Support Director (UK)
Business & Finance

Apollo Offshore Engineering Appoints Steve Leaper as Support Director (UK)

Aberdeen based offshore engineering specialist Apollo Offshore Engineering announced a strategic appointment to support its developing … SubseaUK [mappress] Source: SubseaUK, October 05 , 2011;

about 15 years ago
PSA Norway: Macondo Disaster Must Lead to Global Improvements
Business & Finance

PSA Norway: Macondo Disaster Must Lead to Global Improvements

Lessons learnt so far from the Deepwater Horizon disaster show that neither the industry nor the government can be satisfied with conditions on the Norwegian continental shelf (NCS). This view was expressed by Magne Ognedal, director general of the Petroleum Safety Authority Norway (PSA), in his ope

about 15 years ago
Transocean Acquires Aker Drilling (Norway)
Business & Finance

Transocean Acquires Aker Drilling (Norway)

Transocean Services AS , a wholly owned subsidiary of Transocean Ltd., has completed the acquisition of 100 percent of the shares of Aker Drilling ASA for NOK 26.50 per share. This acquisition further strengthens Transocean’s industry leadership position, adding approximately $1 billion in backlog a

about 15 years ago
Fance: Technip, Bluewater to Jointly Market SST
Business & Finance

Fance: Technip, Bluewater to Jointly Market SST

Technip and Bluewater announced today that they have recently signed an exclusive global agreement to jointly market the Spiral Stacked Turret (SST), a turret system component intended for floating units. The SST is a flexible-hose-based alternative to the traditional mechanical swivel stack that ac

about 15 years ago
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