New sea-going ice-class tug was launched at Khabarovsk Shipyard on Aug 26. The solemn launching ceremony was attended by the shipyard’s directors, representatives of Khabarovsk Territory Government, Russian Navy, and Khabarovsk eparchy. Deputy minister of regional industry and transport Sergei Ivash
Det norske oljeselskap ASA successfully raised NOK 489 million (USD 91.2 million ) in private placements directed towards Norwegian and International investors. The Issue was oversubscribed. The price was set at NOK 44.0 per share (USD 8.2 ). 11 111 111 shares will be issued following the Private Pl
A&P Tees ship repair yard has given another TV star a much-needed “makeover”. The Middlesbrough yard is gaining a reputation for giving vessels which have appeared on the small screen a new lease of life. Last year they restored the Tall Ship winner Christian Radich, star of the BBC TV series The On
Petsec Energy advises that the Marathon #2 well was drilled to a total depth of 21,160 feet (6,450 metres) and electric logging was completed. The well is a follow up to the successful #1 well and is situated in 8 feet (2.4 metres) of water approximately 900 metres from the #1 well location. The #2
AC-3 – a new regular ocean container line of Maersk – launched a service to the container terminal Vostochnaya Stevedoring Company LLC (a Global Ports group company). The first vessel to call at the VSC terminal was a 4,389 TEU Maersk Drammen. For convenience of the customers, the VostochnyPort has
N.E.I. Treatment Systems announced today the receipt of its first order from Bohai Shipbuilding Heavy Industry for two Venturi Oxygen Stripping(TM) (VOS) Ballast Water Treatment Systems (BWTS) to be installed aboard two 320,000 DWT VLCCs being built for Sovcomflot. Bohai is a subsidiary of the China
Pipe laying operations at the South Pars gas field phases 15 and 16 is near completion, the manager of the SP phases 15 and 16, Abolqasem Noubakhti said. He went on to say that, pipe laying of the phase 16 with 115 kilometers length have been completed while the work in phase 15 is […]
Lundin Petroleum AB (Lundin Petroleum) announced today that the second appraisal well, 16/2-7, has confirmed the extension of the Avaldsnes field approximately 5.5 kilometres south of the 16/2-6 discovery well and 4.5 kilometres south-west of the first appraisal well 16/3-4. The Avaldsnes field is l
BHP Billiton has approved a further US$367 million (BHP Billiton share) investment for the third stage of development of the Newcastle Coal Infrastructure Group’s (NCIG) coal handling facility in Newcastle, Australia. BHP Billiton’s wholly-owned subsidiary, Hunter Valley Energy Coal Pty Ltd, is a 35
GulfMark Offshore, Inc. today announced the initiation of a vessel construction program. The first three vessels in the program will be built by Remontowa Shipbuilding SA in Gdansk, Poland, and consists of two 1000 square meter deck area platform supply vessels of the MMC887CD design and one MMC879C
MEO Australia Limited advises that a contract has been executed with Fugro Multi Client Services Pty Ltd for the acquisition and processing of a 323 km2 3D multi-client seismic survey (‘Zeus 3D survey’) in WA-361-P, in the Carnarvon Basin, offshore Western Australia. WA-361-P is located in close pro
Ushering in a new era in Caribbean ports, APM Terminals has signed a USD $992 million 33-year concession contract with the Costa Rican Government to design, finance, construct, operate and maintain the new Moin Container Terminal (TCM) on the Caribbean coast. 80% of the country’s commerce is handled
Ushering in a new era in Caribbean ports, APM Terminals has signed a USD $992 million 33-year concession contract with the Costa Rican Government to design, finance, construct, operate and maintain the new Moin Container Terminal (TCM) on the Caribbean coast. 80% of the country’s commerce is handled
Bourbon released solid first half results with significant recovery in activity: +18.8%,sharp increase in EBITDA (+19.3% sequentially) to 142.1 million euros,net loss,group share of 21.4 million euros owing to the change in the dollar exchange rates, generating 30.5 million euros in net financial ex
