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Business & Finance

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Fairstar Confident FORTE will be Ready for Gorgon, Australia
Business & Finance

Fairstar Confident FORTE will be Ready for Gorgon, Australia

Fairstar Heavy Transport N.V. (FAIR) reports the 50,000 DWT semi-submersible vessel FORTE was floated away from the flooded dry-dock facility in Qidong, China on schedule, September 18th 2011. Willem Out, Chief Operating Officer of Fairstar, reported from Qidong “the FORTE was a magnificent sight as

about 15 years ago
Delek Group Receives Licence to Invest in Cypriot Offshore Projects
Business & Finance

Delek Group Receives Licence to Invest in Cypriot Offshore Projects

Yitzhak Tshuva-controlled Delek Group Ltd. units Avner Oil and Gas LP and Delek Drilling LP have received a precedent-setting provisional… By Amiram Barkat (Globes) [mappress] Source:Globes ,September 21, 2011;

about 15 years ago
Rosneft Marine UK Ltd Deploys New Bunker Tanker to Murmansk
Business & Finance

Rosneft Marine UK Ltd Deploys New Bunker Tanker to Murmansk

Rosneft Marine UK Ltd., a subsidiary of Russian state-owned oil company OJSC Rosneft, has introduced a new bunker delivery tanker to service the Port of Murmansk in Russia. The Russian-flagged RN Magellan is a 4622 deadweight tonne (dwt) bunker tanker built in 2007. The modern vessel is part of Rosn

about 15 years ago
China: Pacific Basin Shipping Ltd Wins Two Lloyd’s List Awards
Business & Finance

China: Pacific Basin Shipping Ltd Wins Two Lloyd’s List Awards

Pacific Basin Shipping Limited, one of the world’s leading dry bulk shipping companies, today announced that its Captain Zhu Qianchun was named “Seafarer of the Year” at the Lloyd’s List Awards, Global 2011 event on 20 September. The Company received the Environment Award at the same event. Sponsore

about 15 years ago
Dragon Oil Conducts Initial Testing at Dzheitune (Lam) B/159 Well, Offshore Turkmenistan
Business & Finance

Dragon Oil Conducts Initial Testing at Dzheitune (Lam) B/159 Well, Offshore Turkmenistan

Dragon Oil plc , an international oil and gas development and production company, announces the completion and initial testing of the Dzheitune (Lam) B/159 development well. The well was drilled to a depth of 2,900 metres and completed as a single producer by the Iran Khazar rig. The initial test re

about 15 years ago
Inpex Clinches Babar Selaru Block Rights, Offshore Indonesia
Business & Finance

Inpex Clinches Babar Selaru Block Rights, Offshore Indonesia

Inpex Corp , Japan’s top oil and gas developer, has won concession rights for the Babar Selaru oil and gas block in Indonesia’s first… Source: Reuters [mappress] Source:Reuters ,September 21, 2011;

about 15 years ago
TE SubCom and Alcatel-Lucent Extend Maintenance Services for Undersea Cables in Northern Pacific
Business & Finance

TE SubCom and Alcatel-Lucent Extend Maintenance Services for Undersea Cables in Northern Pacific

TE SubCom, a TE Connectivity Ltd. company, and Alcatel-Lucent announced a significant expansion to their joint maintenance program for submarine optical communication links throughout the Pacific basin. The Pacific End-to-End Maintenance Solution boosts the companies’ ability to maintain and repair

about 15 years ago
UK: Exercise Simulated Vessel Capsizing on Walney Offshore Wind Farms
Business & Finance

UK: Exercise Simulated Vessel Capsizing on Walney Offshore Wind Farms

Safety is a major priority on the Walney Offshore Windfarms, and in order to train the safety procedures, a number of exercises have been held. During the latest exercise, the scenario was capsizing of a large vessel resulting in 31 ‘staff’ members overboard to be rescued and given first aid on the

about 15 years ago
Yangzijiang Shipbuilding to Launch China’s First Groot SUPER GREEN 8500 Vessel
Business & Finance

Yangzijiang Shipbuilding to Launch China’s First Groot SUPER GREEN 8500 Vessel

Jiangsu Yangzijiang Shipbuilding Ltd. will launch the first Groot SUPER GREEN 8500 for Carisbrooke Shipping on 26 September 2011. It will be the first vessel ever with a Groot Cross-Bow to be launched in China. The Groot Cross-Bow uses the ‘wave-piercing’ principle, which the designer, Groot Ship De

about 15 years ago
USA: Sauter Carbon Presents 66m Superyacht EMAX E-VOLUTION
Business & Finance

USA: Sauter Carbon Presents 66m Superyacht EMAX E-VOLUTION

Built by Ned Ship the 66m Emax E-Volution is a Culmination of the Very Best the Yachting World has to Offer. SOLAR HYBRID POWER SOURCES 2MWs of Renewable Energy supplied by Wind, Sun, Waves &Currents 2MWs of ZF Hybrid Power supplied by MTU 2000 series Tier 4i engines, the cleanest marine diesel engi

about 15 years ago
USA: ION Installs Orca System on BGPs Prospector Vessel
Business & Finance

USA: ION Installs Orca System on BGPs Prospector Vessel

ION Geophysical Corporation announced that it has achieved a milestone 50th installation of its Orca® Command and Control system, on BGP’s 12-streamer Prospector. Since its introduction just six years ago, Orca has been used to manage towed streamer seismic data acquisition operations on nearly half

about 15 years ago
USA: William C. Montgomery Joins Apache Board
Business & Finance

USA: William C. Montgomery Joins Apache Board

Apache Corporation today announced the appointment of William C. Montgomery , a managing director of Quantum Energy Partners , a private equity firm that focuses on investments in the energy and power industries, to its board of directors. Montgomery is a member of Quantum’s executive and investment

about 15 years ago
UK: APM Terminals Wins 2011 Global Safety Award
Business & Finance

UK: APM Terminals Wins 2011 Global Safety Award

APM Terminals​ was named winner of the 2011 Lloyd’s List Global Safety Award evening at the prestigious annual industry Awards Gala held in London. The award was presented in recognition of APM Terminals’ “exceptional commitment to improving safety standards”, and was accepted by APM Terminals CEO K

about 15 years ago
South Korea: BGP Launches New 3D Seismic Vessel – BGP Prospector
Business & Finance

South Korea: BGP Launches New 3D Seismic Vessel – BGP Prospector

BGP announced the launching of a brand new 3D, 12 streamer seismic vessel, R/V BGP Prospector, at SEKWANG HEAVY INDUSTRY in Korea on 2 September 2011. This vessel is built specifically for the high-end 3D marine seismic market with towing capacity of 12 streamers each at 8,000m long with 100m stream

about 15 years ago
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