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Business & Finance

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BBC Chartering Takes Delivery of New Heavy Lift Vessel Built at Jinagzhou Shipyard, China
Business & Finance

BBC Chartering Takes Delivery of New Heavy Lift Vessel Built at Jinagzhou Shipyard, China

BBC Chartering took delivery of its new heavy lift vessel BBC Amber, built at Jinagzhou Shipyard, China. This 14.360 dwat heavy lifter currently marks the top of the BBC’s “new wave” fleet renewal and expansion program, offering lifting capacity up to 800mt (2x 400mt). Svend Andersen, Managing Direc

about 15 years ago
Circle Oil in Quest for Partners for Drilling in Block 52, Offshore Oman
Business & Finance

Circle Oil in Quest for Partners for Drilling in Block 52, Offshore Oman

Circle Oil Plc , the international oil and gas exploration, development and production company to announced today the following operational update on its activities in Block 52 in Oman. Block 52 The processing of the 5,026 line kilometres of marine 2D seismic, recorded from December 2010 to February

about 15 years ago
Bermuda: Nordic American Tankers Acquires Its Twentieth Vessel
Business & Finance

Bermuda: Nordic American Tankers Acquires Its Twentieth Vessel

Nordic American Tankers Limited today announced that the Company has agreed to acquire its twentieth vessel, a double-hull suezmax tanker built at Samsung Heavy Industries, Korea. The agreed purchase price is $24.45 million. This first class vessel is expected to be delivered to us no later than Oct

about 15 years ago
Clipper Gets Another Multi-Purpose Vessel Built by Chinese Shipyard
Business & Finance

Clipper Gets Another Multi-Purpose Vessel Built by Chinese Shipyard

Clipper has taken delivery of the newbuilding Clipper Galaxy. The vessel is the second in a series of three 9,500 dwt multi-purpose vessels ordered from Yangfan Shipyard, China. The delivery of the vessel is in line with Clipper Projects’ strategic goal to renew the fleet. On her maiden voyage Clipp

about 15 years ago
Norway: Det Norske Plans to Develop Jette
Business & Finance

Norway: Det Norske Plans to Develop Jette

Det norske oljeselskap ASA will present a plan for development and operation (PDO) of Jette to the Minister of Petroleum and Energy Ola Borten Moe, today. The PDO will be submitted on behalf of the partners in the Jette Group, which in addition to Det norske includes Petoro, Dana Petroleum and Bridg

about 15 years ago
Philippines: Galoc Joint Venture Approves FEED for Phase II Field Development
Business & Finance

Philippines: Galoc Joint Venture Approves FEED for Phase II Field Development

The Galoc Production Company (“GPC”), operator of the Galoc oil field offshore Palawan in the Philippines, advises that the Galoc Joint Venture has approved the commencement of Front End Engineering and Design (FEED) in support of the planned Phase II development of the field and the acquisition of

about 15 years ago
RBG, STS Exhibiting Together at Offshore Europe 2011, UK
Business & Finance

RBG, STS Exhibiting Together at Offshore Europe 2011, UK

RBG and Stork Technical Services (STS) will highlight the benefits of its combined service and technology offering at Offshore Europe as the companies exhibit together for the first time at booth 26C0. In advance of the exhibition, RBG and STS have launched an Offshore Europe microsite, www.assessin

about 15 years ago
EconGas: LNG Tanker Berths at Gate Terminal (The Netherlands)
Business & Finance

EconGas: LNG Tanker Berths at Gate Terminal (The Netherlands)

EconGas – a European natural gas company with Austrian roots – is maximising its customers’ supply security by diversifying its procurement portfolio as part of its international expansion strategy. EconGas is widening its supply sources in order to keep pace with future demand growth. The company i

about 15 years ago
UAE: RAK, DNO Directors Sign Merger Agreement
Business & Finance

UAE: RAK, DNO Directors Sign Merger Agreement

RAK Petroleum Public Company Limited, the oil and gas exploration and production company, today announced that following completion of due diligence and agreement on relative valuations, the Boards of Directors of DNO International ASA and RAK Petroleum PCL signed definitive documents on 3 September

about 15 years ago
USA: Port of Vancouver Welcomes MV Mykali on her Maiden Voyage
Business & Finance

USA: Port of Vancouver Welcomes MV Mykali on her Maiden Voyage

The Port of Vancouver USA welcomed the M/V Mykali, commanded by Capt. Viktor Sapozhnikov of Russia, on her maiden voyage to the United States on August 23, 2011. Sapozhnikov and his 17-member crew were welcomed to Vancouver by Earl Dixon, vessel superintendent for United Grain Corp.; Cory Nelson, PN

about 15 years ago
ORPC Seeks Approval to Test Tidal Turbine Generator off Eastport (USA)
Business & Finance

ORPC Seeks Approval to Test Tidal Turbine Generator off Eastport (USA)

Ocean Renewable Power Co. is seeking federal approval to test its full-scale tidal turbine generator in the waters off Eastport… (mainebiz) [mappress] Source: mainebiz, September 05, 2011;

about 15 years ago
Norway: Det Norske Expects First Oil from Jette in 2013
Business & Finance

Norway: Det Norske Expects First Oil from Jette in 2013

Det norske oljeselskap ASA will present a plan for development and operation (PDO) of Jette to the Minister of Petroleum and Energy Ola Borten Moe, today. The PDO will be submitted on behalf of the partners in the Jette Group, which in addition to Det norske includes Petoro, Dana Petroleum and Bridg

about 15 years ago
Clipper Takes Delivery of New Multi-Purpose Vessel from Chinese Shipyard
Business & Finance

Clipper Takes Delivery of New Multi-Purpose Vessel from Chinese Shipyard

Clipper has taken delivery of the newbuilding vessel Clipper Newark. She is the second in a series of four 17,000 dwt multi-purpose vessels ordered from Tongfang Shipyard in China. The delivery of Clipper Newark is in line with Clipper Projects’ strategic goal to renew the fleet. Clipper Newark is c

about 15 years ago
Iran: NIOOC to Ink USD 5 Billion Offshore Gas Deal with Asian Partners
Business & Finance

Iran: NIOOC to Ink USD 5 Billion Offshore Gas Deal with Asian Partners

National Iranian Offshore Oil Company (NIOOC) will sign a $5 billion contract with a consortium of Asian companies to develop ‘Farzad-B’ … Source: Tehran Times [mappress] Source:Tehran Times ,September 5, 2011;

about 15 years ago
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